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Annual inflation rate hits 4.8% in Canada, highest since 1991
The annual pace of inflation climbed in December to its highest rate since 1991, Statistics Canada says.
19 Січ 2022 | Економіка -
Businesses indirectly hit in lockdowns slipping through cracks of COVID supports
Two years into the COVID-19 pandemic, government responses still have gaps that fail to include some small businesses hit hardest by lockdowns and renewed restricti…
19 Січ 2022 | Економіка -
Homebuilding slows as housing supply hits record low in Canada, data shows
Statistics released this week from Canadian real estate authorities show that while the country’s stock of available homes for sale sits at record lows, the pace of…
18 Січ 2022 | Економіка -
Canadian home sales set new record in 2021, topping previous high by 20%: CREA
The Canadian Real Estate Association says annual home sales reached a new high in 2021, eclipsing the previous record set in 2020 by about 20 per cent.
17 Січ 2022 | Економіка -
COVID-19 vaccines still mandatory for Canadian cross-border truckers, feds say
Truck drivers crossing into Canada from the United States will indeed need to be fully vaccinated against COVID-19 starting Saturday, despite a statement sent “in e…
13 Січ 2022 | Економіка -
Lack of clarity on vaccine rules at U.S. border leaves trucking industry idling
Canada’s trucking industry is stuck in neutral Thursday awaiting confirmation about a possible change to vaccination requirements at the U.S. border after a late-ni…
13 Січ 2022 | Економіка -
Ontario in last place when it comes to Canada’s already low housing stock
Ontario is the worst offender among Canadian provinces when it comes to the lack of sufficient housing stock, according to a new analysis from Scotiabank Economics.
12 Січ 2022 | Економіка -
Truckers warn vaccine mandate at U.S. border could worsen supply chain issues
New rules coming into effect Saturday mandating COVID-19 vaccinations for truck drivers crossing the Canada-U.S. border could compound supply chain issues in a sect…
11 Січ 2022 | Економіка -
Overseas Canadian firms being probed for corruption: RCMP
RCMP anti-corruption investigators say they are probing possible shady practices by several Canadian companies operating in parts of Africa, Eastern Europe and Sout…
08 Січ 2022 | Економіка -
‘It’s a tsunami’: Why finance is ‘going green’ and what you should know about it
From extreme floods in British Columbia, to severe storms in Toronto and in Atlantic Canada, many Canadians experienced a year of climate-fueled weather havoc in 20…
07 Січ 2022 | Економіка -
Federal documents warn of sweeping implications if ‘digital loonie’ adopted
Internal government documents show Finance Department officials believe there could be sweeping implications for the economy if the Bank of Canada ever issued its o…
03 Січ 2022 | Економіка -
Consider a New Year’s resolution to freeze your spending in January and reset your financial habits: experts
Personal finance author Melissa Leong has a lofty New Year’s resolution: a moratorium on buying extras for 21 days in January. Think of it as Dry January, but for s…
29 Гру 2021 | Економіка -
Feds silent as key U.S. senator Manchin turns down Biden’s EV tax credit bill
The Prime Minister’s Office isn’t saying anything about a key U.S. senator’s decision to put President Joe Biden’s controversial electric-vehicle incentives on ice.
19 Гру 2021 | Економіка -
Liberals get all their priority legislations passed before Christmas break
Senators have speedily passed legislation to provide federally regulated workers with 10 days of paid sick leave and to protect health-care workers from harassment …
17 Гру 2021 | Економіка -
Biden’s EV tax credits will look different if implemented, say industry experts
The tax-credit scheme that President Joe Biden is proposing to encourage U.S. consumers to buy more electric vehicles might never be implemented in its current form…
17 Гру 2021 | Економіка -
Homebuyers won’t face tougher mortgage stress test, regulator says
The federal banking regulator is keeping the interest rate used in a key stress test for uninsured mortgages on hold.
17 Гру 2021 | Економіка -
Bank of England becomes 1st major central bank to raise rates since COVID began
The Bank of England on Thursday became the world’s first major central bank to raise interest rates since the coronavirus pandemic hammered the global economy, and …
16 Гру 2021 | Економіка -
Canada’s average home price up nearly 20% year-over-year in November: CREA
The Canadian Real Estate Association says home sales in November edged up on a month-over-month basis.
15 Гру 2021 | Економіка -
Canada’s annual inflation rate holds steady in November at 4.7%
Statistics Canada says the annual pace of inflation held steady in November as the consumer price index rose 4.7 per cent compared with a year ago.<br aria-hidden="true"/><br aria-
15 Гру 2021 | Економіка -
Canada’s deficit lower than expected but Omicron, B.C. floods eat into windfall
The Liberals have found themselves with a financial windfall amid an economic rebound, though the extra room is largely spoken for thanks to COVID-19 measures and r…
14 Гру 2021 | Економіка -
Omicron uncertainty clouding Canada’s inflation forecasts: fiscal update
Uncertainty about the potential effects of the rapidly spreading Omicron variant are clouding the federal government’s forecasts for when soaring inflation and supp…
14 Гру 2021 | Економіка -
Highlights from Liberals’ fiscal update: What you need to know
Finance Minister Chrystia Freeland released a fall economic statement today that outlined a better-than-expected economic rebound, but also billions more in spendin…
14 Гру 2021 | Економіка -
Liberals to provide fiscal update, future outlook for Canadian economy today
Finance Minister Chrystia Freeland plans to release an updated accounting of federal finances today and provide the government’s economic outlook for the coming mon…
14 Гру 2021 | Економіка -
What the Bank of Canada’s renewed mandate means for inflation, housing
The wording of the Bank of Canada’s new mandate has changed but the substance of it remains essentially the same, several economists say.
13 Гру 2021 | Економіка -
Apple nears $3 trillion market valuation as success-streak continues
Apple Inc’s market value hovered just shy of the $3 trillion mark on Monday, following a stunning run over the past decade that has turned it into the world’s most …
13 Гру 2021 | Економіка -
Liberals to outline new Bank of Canada inflation measures
The federal government is scheduled today to unveil the Bank of Canada‘s marching orders that will guide its inflation-targeting regime for the next five years.
13 Гру 2021 | Економіка -
Liberals under pressure to balance budget and policy asks in fiscal update
The Trudeau Liberals are set to unveil an update on the health of federal finances and its outlook for the economy while facing competing demands on benefits, taxes…
12 Гру 2021 | Економіка -
U.S. inflation rose at its fastest annual rate since 1982 last month
Prices for U.S. consumers jumped 6.8 per cent in November compared with a year earlier as surging costs for food, energy, housing and other items left Americans end…
10 Гру 2021 | Економіка -
Bank of Canada sees no clear end to supply chain issues
A senior Bank of Canada official says the central bank isn’t sure when supply-chain issues will work themselves out and ease inflationary pressures.
09 Гру 2021 | Економіка -
Opposition MPs to review $7.4B pandemic aid bill, grill Freeland on economy
Opposition MPs are getting ready to review the Liberals’ latest package of pandemic aid and grill Finance Minister Chrystia Freeland about myriad economic issues.
05 Гру 2021 | Економіка -
Trudeau government’s fiscal update will be ‘limited in scope,’ source says
Canadian Prime Minister Justin Trudeau’s government will deliver new fiscal and economic projections later this month but fresh investments will be “limited in scop…
02 Гру 2021 | Економіка -
U.S. trade concerns send trade minister back to Washington as MPs debate solutions
Canada’s trade minister has headed back to the U.S. capital for discussions on festering trade irritants, just two weeks after joining Prime Minister Justin Trudeau…
02 Гру 2021 | Економіка -
Boeing is out of the running to replace Canada’s fighter jet fleet
The federal government has confirmed Boeing‘s Super Hornet fighter jet is out of the running to replace Canada’s CF-18s.
01 Гру 2021 | Економіка -
Boeing told that its fighter jet fails to meet criteria for $19-billion contest: sources
The federal government has told Boeing that its bid to replace Canada’s aging CF-18s with a new fleet of the American company’s Super Hornet fighter jets did not me…
25 Лис 2021 | Економіка -
Freeland says Canada may retaliate against U.S. softwood lumber duty rate
Canada is prepared to retaliate against an American increase of duties on Canadian softwood lumber producers, Deputy Prime Minister Chrystia Freeland said Thursday.
25 Лис 2021 | Економіка