Tag Archives: Economy

FRANKFURT - The European Central Bank said it would step up its bond-purchase stimulus to support an economy whose recovery is expected to lag a year behind the rebound in the U.S., held back by slow ...

WASHINGTON - One Capitol Hill lawmaker is ramping up the pressure on President Joe Biden to begin reopening the Canada-U.S. border. New York congressman Brian Higgins wants the White House to prioriti...

OTTAWA - Parliament's budget watchdog says the portion of federal spending related to COVID-19 is set to drop by 86 per cent in the coming fiscal year compared to 2020-21, as Canada transitions away f...

WASHINGTON - U.S. consumer prices increased 0.4% in February, the biggest gain in six months, led by a sharp jump in gasoline prices. But core inflation, excluding food and energy, posted a much small...

OTTAWA - The Bank of Canada kept its key interest rate on hold Wednesday even as it said it now expects the economy will grow over the first three months of this year, an about-face from its previous ...

EDMONTON - Alberta's finance minister says taxpayers won't be on the hook for much more beyond $1.3 billion already committed to the defunct Keystone XL oil pipeline. "Our total exposure is just under...

OTTAWA - Decades of job gains for women could vanish if Ottawa's plan to recover from the COVID-19 pandemic doesn't rethink federal skills programs and stimulus plans, experts said Monday.Low-income w...

WASHINGTON - The fierce debate over cross-border pipelines is putting more Canadian oil and gas on trains destined for the United States - a country experts fear is ill-equipped for the potential cons...

OTTAWA - Canada's municipalities are asking the federal government to include $7 billion in its upcoming budget for cities and housing providers to buy disused properties and quickly turn them into af...

WASHINGTON - The federal government won't let Michigan shut down the Line 5 pipeline, Canada's natural resources minister said Thursday as he dismissed opposition comparisons to the thwarted Keystone ...