Tag Archives: Economy

TORONTO - Ontario is projecting that it will end this fiscal year with a $4.5-billion deficit, while also so far hanging onto a large contingency fund. Finance Minister Peter Bethlenfalvy released the...

OTTAWA - The group that represents residential builders in Canada wants Ottawa to offer a 30-year amortization period for insured mortgages on new homes. The Canadian Home Builders' Association says e...

OTTAWA - Finance Minister Chrystia Freeland says the federal government is putting nearly $200 million in new money toward supporting low-income renters and shelters. Ottawa is pouring an additional $...

TORONTO - The board of directors at the Ontario Securities Commission has extended Grant Vingoe's term as chief executive officer for five years. Vingoe was both chair and CEO of the OSC before the ro...

VANCOUVER - A cryptocurrency firm has lost a bid to force BC Hydro to provide the vast amounts of power needed for its operations, upholding the provincial government's right to pause power connection...

Ottawa launched a new pay transparency website Friday to better illustrate how women, visible minorities, people with disabilities and Indigenous Peoples are represented and paid at federally regulate...

OTTAWA - The federal government is lashing out at the U.S. Commerce Department over plans to raise duties on Canadian softwood lumber. International Trade Minister Mary Ng says the U.S. has signalled ...

OTTAWA - Bank of Canada governor Tiff Macklem says the central bank can't solve the housing crisis with interest rates because the root cause is a supply shortage. Macklem appeared before MPs on the f...

OTTAWA - Industry Minister Franois-Philippe Champagne is once again insisting that he is reaching out to international grocers in the hopes they will open up shop in Canadaand spur more competition. C...

The Bank of Canada held its key interest rate at five per cent this week, and is now looking ahead to potential rate reductions. While Wednesday marked the fourth time in a row that the bank has left ...