Category: Economy

Nov 13

Michael McCain dismayed by U.S. election results, worried about message on leadership

Breadcrumb Trail Links News Economy Retail & Marketing ‘Hopeful that we will kind of hold our nose and get through it’ Published Nov 13, 2024  •  5 minute read Michael McCain was the keynote speaker at a Canadian Club event at the Fairmont Royal York Hotel, Nov. 12, 2024, in Toronto. The executive chair of […]
Nov 12

Labour Minister moves to end port lockouts in Montreal and British Columbia

Article content Labour Minister Steven Mackinnon has put an end to the work stoppages at Quebec and British Columbia ports by ordering binding and final arbitration. Mackinnon said on Tuesday the negotiations had hit an impasse and the economic and reputational damage to Canada as a reliable trade partner was in jeopardy. “If these work […]
Oct 24

New Brunswick must address ballooning trade deficit, says former chief economist 

Breadcrumb Trail Links News Economy The province exceeded exports by more than $8 billion in 2022 Published Oct 24, 2024  •  4 minute read Liberal Leader Susan Holt is pictured in uptown Saint John on Sept. 20. Photo by Brice McVicar/Brunswick News Article content New Brunswick premier-designate Susan Holt’s pledge to improve the province’s decaying […]
Oct 18

For first time in 25 years, majority of Canadians say there is too much immigration

Breadcrumb Trail Links News Economy Public support for newcomers is sinking, poll finds ahead of the release of government targets Get the latest from Naimul Karim straight to your inbox Sign Up Published Oct 18, 2024  •  Last updated 7 minutes ago  •  3 minute read Public support for the number of newcomers coming into Canada […]
Oct 13

Economists predict inflation dipped below two per cent in September

Breadcrumb Trail Links PMN PMN Business Author of the article: The Canadian Press Rosa Saba Published Oct 13, 2024  •  3 minute read Article content Economists expect inflation continued its downward trend last month, giving the Bank of Canada the all-clear to continue cutting its benchmark interest rate. “We are looking for headline inflation to […]
Oct 11

Bank of Canada 50-bps-cut not a ‘sure thing’: Economists on the jobs numbers

Breadcrumb Trail Links News Economy Unemployment rate falls, raising doubts about a bigger interest rate cut Published Oct 11, 2024  •  Last updated 26 minutes ago  •  3 minute read Canada’s unemployment rate unexpectedly fell as job gains beat expectations, bolstering the Bank of Canada’s case for gradual rate cuts and raising hopes of a soft […]
Oct 8

Statistics Canada reports $1.1B merchandise trade deficit for August

Article content OTTAWA — Statistics Canada says the country posted a merchandise trade deficit of $1.1 billion in August as lower oil prices weighed on exports. The agency said Tuesday the result compared with a revised deficit of $287 million in July. The initial reading for July released last month pointed to a surplus of […]
Oct 4

Ongoing turmoil at ports making it ‘very difficult’ for Canadian businesses to plan

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Sep 23

Trumponomics: the radical plan that would reshape America’s economy

Breadcrumb Trail Links Financial Times Economy Republican candidate is promising sweeping tariffs. Critics warn they would cause huge damage and heighten global tensions Author of the article: Financial Times Colby Smith, Claire Jones and James Politi in Washington Published Sep 23, 2024  •  Last updated 2 minutes ago  •  11 minute read Republican presidential candidate and […]