Category: Economy

Jul 9

As Canadian cities make pandemic patios permanent, experts call for clear standards

Breadcrumb Trail Links PMN Business Author of the article: The Canadian Press Rosa Saba Published Jul 09, 2023  •  5 minute read Join the conversation Article content At the height of social distancing and other restrictions related to the COVID-19 pandemic, many Canadian cities rolled out temporary patio policies, loosening rules and waiving fees for […]
Jun 29

Ontario’s explosive population growth could come with an economic catch

Breadcrumb Trail Links Economy Surge in non-permanent residents might not last, putting the province’s growth on potentially shaky ground, says Desjardins Ontario’s surging population growth is being driven by an increase in non-permanent residents that might not last, says Desjardins Economics. Photo by Postmedia Article content Ontario’s surging population growth is being driven by an […]
Jun 25

Immigrants needed as baby boomers retire

THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Exclusive articles by Kevin Carmichael, Victoria Wells, Jake Edmiston, Gabriel Friedman and others. Daily content from Financial Times, the world’s leading global business publication. Unlimited online access to read articles from Financial Post, National Post […]
Jun 24

Food prices to stay higher than before pandemic: RBC

THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Exclusive articles by Kevin Carmichael, Victoria Wells, Jake Edmiston, Gabriel Friedman and others. Daily content from Financial Times, the world’s leading global business publication. Unlimited online access to read articles from Financial Post, National Post […]
Jun 20

IMF applauds Canada’s climate action, warns of ‘race to the bottom’ with subsidies

Breadcrumb Trail Links PMN Business Author of the article: The Canadian Press Nojoud Al Mallees Published Jun 20, 2023  •  2 minute read Join the conversation The International Monetary Fund is crediting Canada for its “multipronged” approach to addressing climate change, but is warning that its green subsidies could stoke an international race to the […]
Jun 14

U.S. Federal Reserve holds interest rate: Read the official statement

Article content Recent indicators suggest that economic activity has continued to expand at a modest pace. Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated. Article content The U.S. banking system is sound and resilient. Tighter credit conditions for households and businesses are likely to weigh […]
Jun 14

Fed leaves interest rates on hold for first time in 15 months, signals 2 more hikes this year

Breadcrumb Trail Links News Economy Could raise again next month Author of the article: The Associated Press Christopher Rugaber Published Jun 14, 2023  •  Last updated 14 minutes ago  •  3 minute read Join the conversation U.S. Federal Reserve chair Jerome Powell. Photo by Anna Moneymaker/Getty Images Article content WASHINGTON — The United States Federal Reserve […]