2019 federal election campaign likely to be nastiest ever, Trudeau says
Next year's federal election campaign will likely be the nastiest one yet, Prime Minister Justin Trudeau said on Tuesday, October 2, 2018.
Canadian economy
Canada's NAFTA waiting game enters new week as US and Mexico work on differences
The hurry-up-and-wait uncertainty surrounding Canada's return to the NAFTA talks is entering a new week as Ottawa's partners in the trilateral deal push forward with their one-on-one negotiations.
Expect job market moderation in the months ahead, internal memo tells Morneau
An internal federal analysis foresees a stretch of job-market moderation in Canada's near future following an extended period of healthy employment growth — an economic shift expected to play out as political parties calibrate their pre-election pitches for 2019.
Canada's premiers to talk issues around trade at New Brunswick meeting
Canada's First Ministers should stand united in the face of a mounting trade war with the United States, New Brunswick's premier said ahead of this week's meeting of provincial premiers.
Cenovus cuts oilsands production due to price differential, pipeline constraints
Cenovus Energy Inc. said Thursday it has been running its oilsands operations at reduced production rates and storing excess barrels due to wider-than-normal light-heavy oil price differentials and pipeline capacity constraints.
Feds name five 'superclusters' to share $950M innovation funds
The Liberal government announced winners of innovation funds Thursday, dismissed by Conservative MP Maxime Bernier as "corporate welfare on steroids."
NAFTA uncertainty presents risk for Canadian railways, says analysts
The potential dismantling of the North American Free Trade Agreement poses the biggest risk to Canada's railways not benefiting this year from healthy economies and higher demand to move crude oil, say industry observers.
Finance Department trims long-term deficit projections after year of growth
The federal Finance Department has shaved several years of projected deficits from Canada's long-term financial future following better-than-expected economic growth in 2017 — though many more years of deficits remain.
Poloz says Bank of Canada won't speculate on possible impact of NAFTA talks
The governor of the Bank of Canada says that to avoid fuelling speculation, the central bank is resisting any in-depth study of what the sudden death of the North America Free Trade Agreement could mean for the Canadian economy.
Canadian Chamber of Commerce critical of proposed tax reforms by Ottawa
Members of the Canadian Chamber of Commerce say proposed tax changes for businesses by the federal government are casting business people in a negative light, and the finance minister should apologize
Canadian dollar hits 80-cent US mark amid further signs of economic strength
The loonie hit 80 cents US on Monday—a level it hasn't closed at in more than two years—against a weakening in U.S. currency and amid further signs of a strengthening Canadian economy.
Trudeau government set to table modest budget amid U.S. uncertainty
Finance Minister Bill Morneau will present the federal budget on Wednesday, March 22, 2017 amid a brightening outlook, thanks in large part to the United States.
Excluding Mexico from NAFTA would hurt the Canadian economy: consul
Canadians shouldn't be naive enough to believe any deal to exclude Mexico from NAFTA wouldn't hurt the Canadian economy as well, says the Mexican consul general for Austin, Texas.
PM Trudeau tells Houston energy conference border tax would hurt both economies
Prime Minister Justin Trudeau, at the Houston energy conference, made it clear he is flatly against a proposed U.S. border adjustment tax as it would hurt the economy in both countries.
Car makers concerned about Trump, says Canadian innovation minister
"Any kind of disruption to that, any kind of impact to the border would have a negative consequence to both Canada and the U.S.," said Economic Development Minister Navdeep Bains.