Tag Archives: Economy

OTTAWA - William Francis Morneau leaves federal politics as suddenly as he burst onto the Ottawa scene less than five years ago. In November 2015, the newly elected Liberal member for Toronto Cen...

OTTAWA - Bill Morneau is resigning as the federal minister of finance and a Liberal MP. Morneau says he is putting his name forward as a candidate to be the next secretary general of the Organization ...

OTTAWA - NDP Leader Jagmeet Singh is calling on Ottawa to provide the provinces with billions in funding for child care - a demand that could help determine whether the minority Liberal gove...

OTTAWA - Canada's official fiscal watchdog says the federal wage subsidy program might cost $14 billion less than the government predicted. A new report today by Parliamentary Budget Office analy...

WASHINGTON - U.S. consumer prices jumped 0.6% in July as gasoline prices continued to rise. The Labor Department reported Wednesday that the increase last month in its consumer price index matched a 0...

LONDON - Britain has suffered the deepest recession among the world's top economies this year, shrinking by a fifth in the second quarter alone when much of the economy was mothballed as part of effor...

OTTAWA - Prime Minister Justin Trudeau tried Tuesday to shut down speculation that he's about to fire his finance minister, saying he has full confidence in Bill Morneau and that any reports to the co...

OTTAWA - The federal government has launched an updated calculator to help employers estimate what help they might receive from the next phase of the Canada Emergency Wage Subsidy. The calculator...

LONDON - The U.K. has kept a lid on its unemployment rate so far during the coronavirus pandemic but, scratch beneath the surface, there are worrying trends that will likely see the jobless total soar...

OTTAWA - A new opinion survey suggests Donald Trump's recent decision to slap a tariff on Canadian raw aluminum is garnering poor reviews on both sides of the border. In a web survey conduct...