Federal deficit hits $11.1B as spending surges
Canada's federal government reported a substantial $11.1 billion deficit from April to August, with spending significantly outpacing revenue growth as economic challenges mount.
Canada's federal government reported a substantial $11.1 billion deficit from April to August, with spending significantly outpacing revenue growth as economic challenges mount.
Canada's economy shows remarkable resilience as it skirts technical recession despite near-zero growth. Latest GDP data reveals surprising strength in key sectors.
After decades of neglect, Canada is making historic investments in defence with a new strategic vision that could reshape North American security.
Vancouver Canucks face potential setback as star winger Brock Boeser leaves game against St. Louis Blues with apparent injury. Latest updates on his status and team impact.
Exclusive health update on Mika Rotunda, daughter of WWE legend Mike Rotunda (IRS), as family shares encouraging progress in her recovery journey.
New preliminary economic assessment shows robust project economics and enhanced mineral resources at the Cebolleta Uranium Project, positioning it as a significant domestic uranium source.
New KPMG research shows Canadian businesses face significant project delays and financial risks when failing to conduct proper Indigenous consultations. Discover why corporate Canada is waking up to this critical issue.
Former Bank of Canada governor Mark Carney is reportedly orchestrating a radical economic overhaul that could reshape Canadian finances through backdoor budget measures.
Vancouver Whitecaps defender Tristan Blackmon discusses his injury recovery journey and determination to rejoin the team's crucial playoff push in this exclusive update.
The Bank of Canada's recent interest rate reduction offers breathing room for Albertans, but experts warn bigger economic challenges lie ahead for the province's housing market and overall financial landscape.
Toronto Blue Jays fans await critical update on star outfielder George Springer's health after he exited Game 3 with injury. Team remains hopeful but cautious ahead of decisive playoff matchup.
Alberta Premier Danielle Smith reveals strategic blueprint to balance provincial budget while aggressively pursuing pipeline expansion to boost energy exports and economic growth.
Tiff Macklem reveals AI's double-edged sword for Canada's economy - potential productivity boom versus significant job market disruption in latest economic outlook.
The Federal Reserve makes pivotal rate cut decision as potential government shutdown threatens to cloud economic outlook and complicate monetary policy path forward.
Economists warn Canada faces a structural productivity crisis as Bank of Canada cuts rates amid stagnant economic growth and declining business investment.
Canadian real estate leaders welcome the Bank of Canada's first interest rate cut in four years, predicting renewed market activity while acknowledging ongoing economic challenges.
Saskatchewan introduces groundbreaking legislation to eliminate interprovincial trade barriers, promising economic growth and business expansion across Canada.
A groundbreaking economic study shows Windsor's strategic port expansion could unlock massive economic benefits and create new international trade opportunities for Canadian businesses.
Discover Edmonton's split weather personality this week - northern areas see precipitation while the city basks in unseasonable warmth. Get your complete forecast and planning tips.
Former Bank of Canada governor Mark Carney breaks his silence about his high-profile dinner meeting with Donald Trump, offering rare insights into their discussion about economic policy and global affairs.
New data from Statistics Canada reveals a significant downturn in exports, with tariffs creating headwinds for the nation's economic growth and international trade performance.
As Trump threatens sweeping tariffs, Canada accelerates trade diversification with Asian markets. Discover how Ottawa is building economic bridges to India, ASEAN and beyond to counter U.S. protectionism.
Toronto's condo market faces unprecedented downturn with sales plummeting 85% year-over-year. Rising interest rates and economic uncertainty create perfect storm for real estate.
The Bank of Canada maintains its 5% overnight rate for the sixth consecutive meeting as inflation concerns persist. Discover what this means for mortgages, savings, and the Canadian economy.
New research shows Montreal trailing significantly in economic performance compared to other large North American urban centers, raising concerns about the city's competitive edge.
New data reveals Canada's arts and culture sector is growing at nearly double the rate of the national economy, contributing $57 billion annually and supporting 750,000 jobs across the country.
Former Bank of Canada governor Mark Carney's political momentum stalls as analysis reveals why he lacked the necessary qualities to effectively counter Donald Trump's populist appeal.
Renowned policy researcher Bjorn Lomborg argues the World Bank's singular focus on climate change comes at the expense of its core mission: poverty eradication. Discover why redirecting resources to immediate needs could save millions.
Discover how Thomas Sowell overcame poverty, dropped out of school, and became one of America's most influential conservative thinkers through sheer determination and intellectual curiosity.
Argentina's new president Javier Milei is channeling Ronald Reagan's economic revolution with radical free-market reforms that could reshape South America's economic landscape.