Canada's economy is facing a "turbulent" year, but the federal government still has some spending room for big priorities including a new health-care deal with the provinces, Associate Finance Minister Randy Boissonnault said on Tuesday, January 24, 2023.
Canada's premiers are waiting to see if the federal cabinet can make headway towards a new deal on health-care funding as the ministers meet for a retreat in Hamilton this week.
The ongoing affordability crunch and the threat of a looming recession will be front and centre as the federal Liberal cabinet holds a post-holiday cabinet retreat this week.
Whether it’s inflation, rising gasoline prices (which have since plummeted) or Canada’s precarious housing market, Pierre Poilievre lays the blame entirely at the feet of Justin Trudeau, writes columnist Max Fawcett.
We should continue to chase down egregious overpayments but also remember: the generous support averted a far bigger mess, writes columnist Max Fawcett.
Amid all this suffering — what we’ve been through and what’s to come — there is one statistic that marches ever upward: corporate profits, Avi Lewis writes.
Parliamentary budget officer Yves Giroux told members of Parliament on Monday, November 28, 2022, that the federal government did not show fiscal restraint in its recent fall economic statement.
Natural gas and electricity prices in Europe have plunged from summer peaks thanks to mild weather and a monthslong scramble to fill gas storage ahead of winter and replace Russian supplies during the war in Ukraine. It's a welcome respite after Russia slashed natural gas flows, triggering an energy crisis that has fueled record inflation and a looming recession.
Perhaps it’s time to challenge the old orthodoxy because the Bank of Canada is unlikely to reach its target of two per cent inflation without causing a recession.
Most Canadians believe the country is in a recession and that prices are going to continue to rise for the foreseeable future, according to a new poll.
In the absence of some way to end the conflict in Ukraine or magically clear up global supply chain issues, the government is left to manage a crisis it can’t really control, writes columnist Max Fawcett.
The Biden administration swung aggressively into action after a primary gasoline pipeline fell prey to a cyberattack — understanding that the situation posed a possible series of political and economic risks.
COVID-19 will have a more profound impact on the world than the Sept. 11 terrorist attacks on the United States nearly two decades ago, says the chief executive of the Canadian Imperial Bank of Commerce.