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Inflation driven by profits in few sectors, including oil and gas: report
A new report by the Centre for Future Work found that growth in corporate profits this year compared to pre-pandemic has been concentrated in a small number of sect…
02 Гру 2022 | Економіка -
Fall economic statement does not show fiscal restraint: parliamentary budget officer
Parliamentary budget officer Yves Giroux told members of Parliament on Monday that the federal government did not show fiscal restraint in its recent fall economic …
29 Лис 2022 | Економіка -
Lifting pandemic stimulus sooner would’ve limited inflation: Bank of Canada’s Macklem
The Bank of Canada and the federal government could have taken their foot off the gas sooner when stimulating the economy during the COVID-19 pandemic, Governor Tif…
24 Лис 2022 | Економіка -
Canada makes 16 new jobs eligible for permanent residence, including nurse aides
Canada is now allowing foreign workers in 16 new occupations to apply for permanent residence, as the federal government looks to boost immigration to tackle labour…
17 Лис 2022 | Економіка -
Calgary’s business community unpacking city’s proposed 4-year budget
Many Calgary businesses are waiting to learn how the city’s proposed four-year budget will impact their bottom line, as council prepares for deliberations later thi…
10 Лис 2022 | Економіка -
Facebook parent Meta laying off 11,000 employees amid faltering revenue
Facebook parent Meta is laying off 11,000 people, about 13% of its workforce, as it contends with faltering revenue and broader tech industry woes, CEO Mark Zuckerb…
09 Лис 2022 | Економіка -
As inflation runs hot, Canadians plan to cool spending on holiday gifts: poll
‘Tis the season to spend less and worry. That’s how many Canadians are feeling ahead of the winter holidays this year as they grapple with high inflation and soarin…
07 Лис 2022 | Економіка -
Dollarama, Winners among retailers driving up occupancy rates: RioCan CEO
RioCan Real Estate Investment Trust says supermarkets, pharmacies and discount retailers are driving growth in its occupancy rates.
04 Лис 2022 | Економіка -
Inflation will chart Canada’s economic fate, Ottawa’s fiscal update shows
Canada is ready to weather the harsh winter winds cooling the global economy, despite being set for “significantly weaker growth,” according to the government’s fal…
03 Лис 2022 | Економіка -
Global uncertainty means Canada must rise, compete in new ‘friendshoring’ era
The federal government is looking to capitalize on a new era of “friendshoring” among democratic nations with a new suite of clean technology and natural resources …
03 Лис 2022 | Економіка -
Suncor reducing contractor work force by 20% to improve safety, efficiency
Suncor Energy Inc. is reducing the size of its contractor work force by 20 per cent as part of its effort to improve safety and performance at its oilsands operatio…
03 Лис 2022 | Економіка -
Bank of Canada officials to testify before Senate committee
Bank of Canada governor Tiff Macklem and senior deputy governor Carolyn Rogers are expected to testify before the Senate banking committee Tuesday evening.
01 Лис 2022 | Економіка -
Canadians at record high credit card debt as inflation remains hot: survey
A new survey says Canadians are leaning more heavily on credit cards amid persistent inflation and rising interest rates.
01 Лис 2022 | Економіка -
Nearly 20 per cent of Canadians skipping meals amid rising food costs: survey
Laurie O’Connor says more people in Saskatoon are struggling to get food for themselves and their families as prices in grocery stores rise out of reach.
31 Жов 2022 | Економіка -
Avian flu information session to be held in Langley, B.C.
The provincial government is holding an information session in Langley, B.C., to provide tips on recognizing and preventing avian influenza for small-flock poultry …
27 Жов 2022 | Економіка -
Canadians are stressed about rising interest rates. Here’s what you can do
The Bank of Canada’s aggressive interest rate hikes are not only a concern for economists and homeowners, as a recent survey shows the uncertainty of rising rates i…
27 Жов 2022 | Економіка -
Renewing your mortgage? Here’s what to know as the Bank of Canada raises rates
If your mortgage is up for renewal in the coming months, you may be beginning to panic at the prospect of paying more to finance your home as the Bank of Canada con…
26 Жов 2022 | Економіка -
Rishi Sunak makes Parliament debut as PM, promises to restore economic stability
Rishi Sunak faced the opposition in Parliament for the first time as Britain’s prime minister Wednesday, promising to restore economic stability after his predecess…
26 Жов 2022 | Економіка -
Bank of Canada expected to announce 6th interest rate hike of the year
The Bank of Canada will announce its interest rate decision this morning, with markets widely expecting another sizeable rate hike.
26 Жов 2022 | Економіка -
Travelling this winter? Here’s how to save as global inflation runs hot
As inflation remains hot around the world, Canadians trying to escape the cold this winter will be looking to save during the peak travel season.
24 Жов 2022 | Економіка -
Canada’s inflation rate slowed to 6.9% in September, but grocery prices soared
Food prices continued to soar across the country in September even as the annual rate of inflation cooled to 6.9 per cent, according to Statistics Canada.
19 Жов 2022 | Економіка -
Holiday spending in Canada expected to fall amid recession concerns: report
A new report says holiday spending in Canada is expected to drop this year as inflation shrinks consumer buying power and economic uncertainty looms.
18 Жов 2022 | Економіка -
Innovation minister hopes to build EV supply chain: ‘A golden opportunity for Canada’
When Innovation Minister Francois-Philippe Champagne gets in front a microphone to talk about electrifying Canada’s auto industry, he has a favourite line to sum up…
16 Жов 2022 | Економіка -
Canada’s average home price in September was down 6.6% from last year, CREA says
The Canadian Real Estate Association says home sales in September continued to slow.
14 Жов 2022 | Економіка -
Employers, workers concerned about EI program debt as premiums set to rise
With employment insurance premiums set to rise in the new year, both employers and workers are calling on the federal government to step in and rescue the program f…
14 Жов 2022 | Економіка -
How could a recession affect Canadians? What you should know
Many economists say a mild recession is on the cards as they look ahead to 2023.
14 Жов 2022 | Економіка -
Canada should resist further spending amid U.K. turmoil, analysts say
Prime Minister Justin Trudeau’s government should avoid new stimulus when it updates its fiscal plans this fall and focus instead on paying down debt as governments…
14 Жов 2022 | Економіка -
Canada’s economy will ‘slow considerably’ in 2nd half of 2022, budget officer says
The parliamentary budget officer is projecting the economy will “slow considerably” in the second half of 2022 and remain weak next year as the Bank of Canada conti…
13 Жов 2022 | Економіка -
Holiday shopping: Canadians can expect sales ‘very early’ this year. Here’s why
Overstocked inventories and fears of a recession on the horizon will push retailers to offload products at potentially steep discounts ahead of the holiday shopping…
12 Жов 2022 | Економіка -
Alberta could be global powerhouse for plant-based foods but more support needed: industry insiders
From grocery store aisles to restaurant menus, consumers around the world are being offered more and more plant-based options when it comes to dishes rich in protei…
10 Жов 2022 | Економіка -
Food banks grappling with rising demand, inflation ahead of Thanksgiving
Simon Malsi hopes to pick up a few extra hours of work on Thanksgiving Day to help him afford to put a holiday meal on the table.
06 Жов 2022 | Економіка -
Canada’s gas price average slips to $1.61 per litre: CAA
Drivers across Canada were bracing for a big bump in the price at the pumps Wednesday, with whispers of a 10-cent hike.
05 Жов 2022 | Економіка -
Stocks or bonds? Here’s where to park your money as recession fears ratchet up
Almost a quarter of Canadian investors said in a recent survey that they’re thinking of cashing out their stock investments after a rough year for the markets and r…
04 Жов 2022 | Економіка -
Top companies paid $30B less in corporate taxes than expected: report
A new report from Canadians for Tax Fairness says top companies paid $30 billion less in taxes last year than would be expected under existing corporate tax rates.
04 Жов 2022 | Економіка -
Kim Kardashian will pay US$1.26M to settle SEC charges for promoting crypto
Kim Kardashian has agreed to pay $1.26 million to settle Securities and Exchange Commission charges that she promoted a cryptocurrency on Instagram without disclosi…
03 Жов 2022 | Економіка