Economic growth

Finance Minister Chrystia Freeland delivered a federal budget on Tuesday that keeps the deficit capped at $40 billion, thanks to higher-than-expected government revenues and new taxes that largely offset billions in new spending.

"About 98 per cent of population growth was explained by international migration and, in fact, it's mostly the temporary immigration component that's driving population growth in Canada," said Patrick Charbonneau, chief of Statistics Canada's Centre for Demography.

The world’s groundwater aquifers are taking a beating. Decades of unrestrained pumping by thirsty farms and fast-growing cities have drained these underground rock beds, which hold more than 95 per cent of the planet’s drinkable water.

The national chief of the Assembly of First Nations Cindy Woodhouse is trying to make inroads with Conservative Leader Pierre Poilievre, hoping to forestall the tensions and angst that marked the party's last time in power.

The Business Council of Canada is also urging the federal government to borrow a U.S. idea and create a new body that would ensure the intelligence is securely and broadly shared across the Canadian economy.

Experts spanning from Bay Street to academic institutions have warned that Canada's strong population growth is eroding housing affordability, as demand outpaces supply. 

Climate change is becoming a hot-button political issue in British Columbia with opposition parties launching election-style attacks on the New Democrat government's clean climate policies.

Finance Minister Chrystia Freeland is expected to table the federal government's fall economic statement on Nov. 21, 2023, a mini-budget that will serve as an update on federal finances and contain new measures that reflect the government's priorities.

The federal government plans to level out the number of new permanent residents to Canada in 2026 in reaction to a crunch on housing and other services, the immigration minister announced on Wednesday, November 1, 2023.

Prime Minister Justin Trudeau is welcoming a dozen leaders from across the Caribbean to Ottawa today, as part of a two-day summit aimed at forming closer ties with Canada.

British Columbia finished last fiscal year $700 million in the black, after forecasts swung between multi-billion-dollar deficits and surpluses.

Scientists warn the world is on track for 2.7 C of heating with current action plans and this would mean two billion people experiencing average annual temperatures above 29 C by 2030, a level at which very few communities have lived in the past.

Federal officials are set to make an announcement today in Vancouver about Canada's long-promised Indo-Pacific strategy.

The full effects of interest rate hikes have yet to be felt — and will be "even more powerful" than many anticipate, said former Bank of Canada governor Stephen Poloz on Thursday, November 24, 2022, in a speech about ways Canada can chart a path toward economic growth during uncertain times. 

Canadians will see lower incomes and a choice between higher taxes or fewer government services if there isn't more effort to adapt to the changing climate, a new report from The Canadian Climate Institute warns.