Economic growth

Hourly wages expanded by 0.7 per cent in April, the slowest year−over−year growth since the federal agency started collecting that data in January 1997.

British Columbia's election campaign is nearing the halfway mark and the leaders of the province's main political parties are battling for votes.

Leaders of British Columbia's main political parties are continuing to take shots at each other's election promises and past performances as the campaign nears the halfway mark.

Prime Minister Justin Trudeau is promising government money for parks, conservation areas and the completion of the Trans Canada trail.

A Trudeau cabinet minister entrusted with bringing high-level talent to Canada hopes new budgetary measures will help his determined efforts to recruit brains from abroad.

Finance Minister Bill Morneau said he recognizes the importance of transparency when it comes to scrutinizing how government spending impacts men and women in different ways.

A U.K.-based economist known for advocating a prominent role for the state in fostering modern, high-tech growth is expected to leave her mark on Wednesday's federal budget.

The federal Liberals are banking on the creation of a new, arm's-length lending machine that could leverage billions in public money and turn it into new highways, bridges and transit projects.

The estimate came after TD tripled this year's expected GDP decline to three per cent, after factoring in the Fort McMurray fires and a higher than expected drop in industry activity.

The central bank is widely expected to cut its expectations for growth in the second quarter following a pullback by the economy in April, however its plan for interest rates is less clear.

Global shoppers face possible shortages of smartphones and other goods ahead of Christmas after power cuts to meet official energy use targets forced Chinese factories to shut down and left some households in the dark.