Holiday spending drives up Canadian household debt
Canadian household debt rises as holiday spending bites. Experts analyze the financial strain and offer tips for managing debt in the new year. Read more.
Category : Search result: Canada federal spending
Canada is world's 2nd-largest consumer of OnlyFans content
New data reveals Canadians spent $354.8 million on OnlyFans in 2025, ranking second globally in per-capita consumption. Vancouver leads national spending.
AI Spending, Profits, and Fed Rate Cuts Key to 2026 Stocks
Market experts forecast a strong 2026 for equities, driven by corporate AI investment, robust earnings, and anticipated Federal Reserve interest rate reductions. Discover the outlook shaping the investment landscape.
Canadians Spending More in Final Holiday Shopping Rush
Canadians are opening their wallets wider this holiday season, with spending up as the last-minute shopping rush hits its peak. See the trends and consumer insights.
U.S. GDP grows 4.3%, fastest pace in two years
The U.S. economy expanded at a 4.3% annualized rate in Q3 2025, its fastest growth in two years. Economists remain optimistic for 2026 despite current headwinds. Read the full analysis.
Canada's Fiscal Deficit Grows 27% in 2025/26
Canada's federal budget deficit for the first seven months of the fiscal year widened sharply to C$18.37 billion, a 27% increase. Explore the details and implications for the economy.
Budget Officer Regrets 'Stupefying' Fiscal Remark
Interim Parliamentary Budget Officer Jason Jacques expresses regret for his strong criticism of federal fiscal management. Get the details on the Ottawa committee testimony and the context of his remarks.
October retail sales down 0.2% to $69.4B
Statistics Canada reports a slight decline in retail sales for October 2025. Get the details on the consumer spending slowdown and what it means for the economy.
S&P 500 Bucks Seasonal Trend as AI, Fed Outlook Weigh
The S&P 500 dips in December, diverging from its typical Santa Claus rally. Investors weigh massive AI spending and shifting Fed rate cut expectations for 2026. Key data releases post-shutdown add to market volatility.
Feds defend $1.1M Deloitte AI contract after firm's mistakes
The federal government is justifying a $1.1-million contract awarded to Deloitte for AI advice, even after the consulting giant admitted to past errors. Get the full story on this controversial deal.
Canada's Federal Budgets Need Slimmer, Clearer Format
Experts argue Canada's federal budgets have become unwieldy, burying key numbers in hundreds of pages of fluff. They call for a return to short, transparent documents for better accountability.
Holiday Spending to Give Canadian Economy $11B Boost
Canadian consumers plan to spend an average of $943 this holiday season, injecting an estimated $11 billion into the national GDP. Get the details on the 'Buy Canadian' trend and economic impact.
Per-Capita GDP Improves for First Time Since 2022
A key measure of Canadian living standards, per-capita GDP, is set to rise in 2025, ending a three-year decline. RBC economists cite slowing population growth and improving underlying economic conditions.
Federal DEI bureaucracy costs $75M annually, critics call for cuts
Columnist Jerry Agar argues Canada's federal diversity, equity, and inclusion programs have succeeded and the bloated bureaucracy, costing over $75 million yearly, should be dismantled. Read the analysis.
Food inflation spikes to 4.7%, straining Canadian budgets
New data shows food inflation is climbing faster than wages, with beef up 17.7% and coffee up 27.8%. A majority of Canadians say the cost of living is the worst they can remember. Read the full analysis.
$1.3M for Veteran Housing Supports in New Brunswick
The federal government is allocating $1.3 million to provide housing support for veterans in New Brunswick. Learn about the new funding and its impact.
Opinion: What a Slimmed-Down Canadian Government Must Keep
As Ottawa seeks spending cuts, an opinion piece argues for refocusing on core government needs like security and food, questioning agencies like the NFB. Read the analysis.
Minister responds to PBO report on housing spending cuts
Housing Minister Gregor Robertson addresses a Parliamentary Budget Officer report detailing federal spending reductions and their projected 'modest' effect on new housing supply. Get the latest analysis.
2025 Christmas Costs: What Canadians Can Expect to Pay
As the holiday season approaches, Canadians are facing the financial reality of Christmas 2025. Discover the key factors influencing costs and tips for budgeting your celebrations.
Canada Presses NATO Allies on Arctic Defence Strategy
Canada will urge NATO to prioritize Arctic security at a Brussels meeting, seeking recognition for northern defence investments. Foreign Minister Anita Anand leads the push.
Canada's Domestic Travel Boom at the Expense of U.S. Trips
New data reveals a major shift in Canadian travel habits. Domestic tourism soared in Q2 2025, while trips to the U.S. fell sharply. Explore the numbers and what they mean for the economy.
Budget Deception Could Lead to Higher Taxes for Canadians
Tax expert Kim Moody warns that ignoring fiscal reality and using deceptive accounting could force future tax hikes on Canadians. Read the analysis of the 2025 Public Accounts.
$81B Defence Plan a Boon for Alberta Industry: MacKay
Former Defence Minister Peter MacKay says the federal government's $81-billion defence spending plan represents a massive opportunity for Alberta companies to supply the military.
Canadians aim to shop local for Christmas, survey finds
A new survey reveals many Canadians plan to support local businesses this holiday season, but competitive pricing is still a major deciding factor for shoppers.
Canada Joins EU Defence Push, Carney Reshuffles Cabinet
Canada commits to a European Union initiative to boost military spending. In a related move, PM Mark Carney announces a cabinet shuffle, bringing back Marc Miller. Explore the strategic implications.
Saskatoon shoppers flock to Black Friday deals
Saskatoon residents showed strong turnout for Black Friday shopping despite budget constraints. Local malls reported steady crowds seeking holiday bargains amid economic challenges.
Most Albertans Plan Black Friday Shopping in Stores
A new JLL survey shows 75% of Albertans will shop Black Friday sales, with over half preferring physical stores. Alberta's holiday spending averages $1,376, below the national average.
Canada posts $16.1B deficit in fiscal first half
The Canadian government reported a $16.1 billion budgetary deficit for the April-to-September period amid economic challenges. Get the latest fiscal update and analysis.
BNPL Holiday Shopping: Avoid Debt Trap After Black Friday
Learn how to navigate buy now, pay later services during holiday shopping season. Expert tips to avoid debt cycles while using BNPL plans from Klarna, Afterpay and others.
Carney's $78.3B Deficit: A Historic Shift
Prime Minister Mark Carney's first budget projects a $78.3-billion deficit, nearly double what the Trudeau government had planned. Discover the historical context and future implications for Canada.
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