Tag Archives: Economy

OTTAWA - "Stupefying," "shocking" and "unsustainable" - those were just some of the words Ottawa's fiscal watchdog used Thursday to describe his scathing forecast for federal finances ahead of a long-...

OTTAWA - Statistics Canada says the country's population grew at its slowest pace for a second quarter since comparable record keeping began in 1946, excluding 2020 when the pandemic hit. The agency s...

VICTORIA - B.C. Finance Minister Brenda Bailey says government's plan to find $1.5 billion in savings over three years won't be enough to "start bending the curve towards balance" as the province fore...

British Columbia's forestry industry is "under pressure from all sides," prompting the provincial government to bring in changes to expand the role of BC Timber Sales, including allowing some communit...

HALIFAX - Nova Scotia's premier is defending his government's record $1.2-billion deficit, saying he is focused on growing the economy and making major investments in health care. When asked if Nova S...

OTTAWA - Canada has dropped two legal challenges of United States duties on Canadian softwood lumber. The U.S. has long accused Canada's softwood lumber sector of violating rules on anti-dumping - flo...

OTTAWA - The Canadian Chamber of Commerce says the entire temporary foreign worker program needs a "meticulous review" in the face of growing calls for its termination. In a letter sent to the federal...

HALIFAX - With revenues down and spending up due to a slowing economy, Nova Scotia is forecasting a record deficit of $1.2 billion for the current fiscal year. The figure released Monday by Finance Mi...

MONTREAL - A Montreal homeless shelter says it's nearly doubling the number of apartments it can offer the unhoused thanks to a boost in funding from the city, part of a $2-million envelope split amon...

TORONTO - Five things to watch for in the Canadian business world in the coming week: Teck and Joly Industry Minister Mlanie Joly is expected to meet with the chief executives of Teck Resources Ltd. a...