Jordan Press
Reporter with The Canadian Press
About Jordan Press
Senators pass pandemic aid bill
The Senate gave quick approval on Thursday, December 16, 2021, to a new round of pandemic aid after Finance Minister Chrystia Freeland made a pre-Christmas plea to rubber-stamp the help and promised that benefits would flow quickly to businesses and workers in need.
Fiscal update shows deficit lower than expected
The Liberals have found themselves with a financial windfall amid an economic rebound, though the extra room is largely spoken for thanks to COVID-19 measures and relief for flooded British Columbia.
BoC to consider job market in inflation fighting decisions
Canada’s central bank will aim to keep the annual pace of price gains at its historic target rate, but will now more formally take into account the health of the job market as part of its inflation-targeting regime.
Liberals face competing asks ahead of budget and economic update
The Trudeau Liberals are set to unveil an update on the health of federal finances and its outlook for the economy while facing competing demands on benefits, taxes and economic growth.
Finance committee to review Liberals' latest pandemic aid package
Opposition MPs are getting ready to review the Liberals' latest package of pandemic aid and grill Finance Minister Chrystia Freeland about myriad economic issues.
Federal budget update coming Dec. 14 as inflation pressure rises
Canadians will soon get an update on the health of federal finances and the government's outlook for an economy facing high inflation rates, flooding in British Columbia and the emergence of a new variant of COVID-19.
Liberals introduce bill pushing paid sick leave, penalties for harassing health-care workers
The federal Liberals have introduced a two-for-one piece of legislation that would provide sick leave to some workers, and bring the law down on anyone harassing health-care employees.
Liberals outline new aid package for Canada's COVID recovery
The Trudeau Liberals have outlined their latest aid package for an economy recovering from COVID-19, proposing targeted support to severely affected businesses, locked-down workers, and extra weeks of benefits that expired just days ago.
Liberals urged to reshape supply chains for economic recovery amid trade bottlenecks
The situation is leading to calls on the federal government to use the current snarl in global supply chains to become more active in rethinking and reshaping the country's reliance on foreign suppliers.
StatCan reports annual inflation rate soars to 4.4 per cent in September
The cost to put food on the table and gasoline in the car pushed up the cost of living in September, lifting the annual pace of price increases to a near two-decade high with no clear end in sight to the elevated readings.