Tag Archives: Economy

OTTAWA - The parliamentary budget officer says Canada would need to build 1.3 million additional homes by 2030 to eliminate the country's housing gap. The newly released report looks at how many more ...

TORONTO - Some advocates are praising Ottawa's move to lengthen the amortization period on insured mortgages for certain homebuyers, but say expanding the policy to all Canadians would help make home ...

The Government of Saskatchewan is touting a major increase in the value of the province's agri-food exports to Vietnam. According to the Ministry of Agriculture, Saskatchewan exported $46 million in a...

Canada's central bank is holding its key interest rate steady, but lower rates could be on the horizon. The Bank of Canada maintained its rate at five per cent on Wednesday, but governor Tiff Macklem ...

NEW YORK - British Columbia's credit status took a double blow on Tuesday, with S&P downgrading the province due to the risk of "outsize" deficits, and Moody's turning its outlook negative. S&...

OTTAWA - Finance Minister Chrystia Freeland has ruled out raising taxes on the middle class in the upcoming federal budget - but won't say if corporations or the wealthy are in for the same treatment....

VANCOUVER - The federal minister responsible for innovation and industry says Canada could be at risk of losing out on attracting green industries if it doesn't consider all options for renewable elec...

MONTREAL - Swedish manufacturer Northvolt says it's forging ahead with plans to open an electrial vehicle battery megaplant near Montreal by 2026, despite a tight timeline and opposition from environm...

OTTAWA - Prime Minister Justin Trudeau should convene an emergency meeting with the country's premiers to discuss the federal carbon price, Conservative Pierre Poilievre wrote in a letter Tuesday. Poi...

HALIFAX - The minimum wage is going up today in all four Atlantic Canadian provinces. Newfoundland and Labrador is leading the way with a 60-cent increase, bringing its hourly rate to $15.60 - the hig...