Budget 2026 Focuses on Healthcare, Education with Careful Spending
British Columbia's Budget 2026 allocates billions to healthcare, education, and housing while reducing public sector size, emphasizing strategic investments over service cuts.
Category : Economic Indicators
B.C. 2026 Budget: Tax Hikes, Debt Surge, and Cuts
British Columbia's 2026 budget introduces tax increases, public sector job cuts, and rising public debt, while boosting health and education funding amid a growing deficit.
B.C. Budget Cuts 15,000 Public Sector Jobs in 3 Years
The British Columbia government's latest budget reveals plans to eliminate 15,000 public sector positions over three years while pausing capital projects to address a record $13-billion deficit.
B.C. Budget Responds to U.S. Tariffs with Economic Plans
The B.C. budget outlines proactive strategies to mitigate impacts of U.S. tariffs, focusing on trade diversification and sector support to bolster provincial resilience.
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B.C. Budget Pauses Projects Amid $13B Deficit
British Columbia's government announces a re-pacing of its capital plan, delaying projects like Burnaby Hospital, as the budget reveals a record $13-billion deficit and tax hikes.
N.B. Deficit Hits Historic $1.33B, Double Projection
New Brunswick's provincial deficit has surged to a record $1.33 billion, more than double initial projections, as Finance Minister René Legacy addresses fiscal challenges ahead of the 2026 budget season.
Canada's Inflation Cools to 2.3% as Gas Prices Fall
Canada's inflation rate slowed to 2.3% year-over-year in January, with gas prices down nearly 17% from the previous year, according to Statistics Canada.
Inflation Dips to 2.3% in January Amid Lower Gas Prices
Canada's inflation rate decreased to 2.3% in January, primarily due to lower gasoline prices, though food costs remain a persistent concern for consumers.
Toronto's Economic Stagnation Threatens National Growth
Recent studies show Toronto's standard of living is stagnating with rising unemployment and weak income growth, posing risks for Canada's entire economy as the city loses momentum.
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Canada's January Inflation Data Awaited Amid Price Concerns
Statistics Canada is set to release January inflation figures, with food prices expected to spike due to last year's sales tax holiday distorting year-over-year comparisons.
Economist Proposes Minor Projects Office to Boost Economy
As Prime Minister Mark Carney's Major Projects Office launches, economist William Watson argues for a parallel focus on smaller initiatives that could collectively drive economic growth more effectively than massive infrastructure undertakings.
Cuban Drivers Face Months-Long Wait for Gasoline via App
Cuban drivers are experiencing extended delays of several months to obtain rationed gasoline through the government's 'El Ticket' app, designed to reduce physical lines but creating digital queues instead.
Wealth Inequality Threatens Democracy: Millionaires Agree
Rising wealth inequality in Canada poses a growing threat to democratic stability, with over half of surveyed millionaires acknowledging the danger. Oxfam analysis reveals stark disparities.
Atlantic Canada's Economic Slump: National Wake-Up Call
Atlantic Canada's productivity has declined for four consecutive years, now trailing the national average by 25%. Business leaders Frank McKenna and John Risley warn this regional crisis mirrors broader Canadian economic challenges.
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Food Inflation to Jump in January Amid Tax Changes: Economists
Economists predict a significant rise in food inflation for January, driven by recent tax policy changes, impacting grocery prices across Canada.
Conrad Black on Canadian Identity and Economic Revival
Conrad Black argues that Canada's distinct identity has been undermined by economic dependence and political ambiguity, suggesting that economic revitalization could finally answer why Canada isn't part of the United States.
B.C. Budget Deficit Crisis: Record Spending Fails to Help Citizens
As the B.C. government prepares its 2026 budget, analysis reveals record-high spending has led to soaring deficits and debt without improving living standards or key services like healthcare and education.
U.S. Inflation Slows More Than Expected in January
U.S. consumer prices rose less than anticipated in January, providing relief amid economic concerns. The data suggests moderating inflationary pressures.
Private Sector Key to Canada's Prosperity Despite Public Growth
A new analysis reveals that while public-sector employment grew twice as fast as private jobs over the past decade, the private sector still accounts for 80% of Canadian employment and remains the primary driver of economic growth across provinces.
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BOC's Rogers on AI: Productivity Boost vs. Inflation Risk
Bank of Canada senior deputy governor Carolyn Rogers discusses whether artificial intelligence can solve Canada's productivity crisis or potentially fuel inflation during a fireside chat at the Rotman Productivity Challenge event.
Washington's Millionaire Tax Tests 93-Year Income Levy Aversion
Washington state Democrats are pushing a 9.9% tax on incomes over $1 million, challenging a 93-year aversion to income taxes. The proposal faces legal challenges despite potential approval in the legislative session.
Toronto's Economic Stagnation: Rising Unemployment, Weak Income Growth
A new Fraser Institute analysis reveals Toronto faces persistent economic challenges with unemployment at 7.9%, stagnant median incomes, and declining living standards since 2000.
U.S. Adds 130,000 Jobs, Unemployment Falls in January 2026
The U.S. labor market shows signs of stabilization with 130,000 jobs added in January 2026 and unemployment falling to 4.3%, marking the strongest monthly gain in over a year.
U.S. Job Market Strength Amid Revisions and Uncertainty
U.S. employers added 130,000 jobs last month, but government revisions cut 2024-2025 payrolls by hundreds of thousands, with unemployment falling to 4.3%.
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U.S. Adds 130,000 Jobs, But Revisions Cut Thousands
The U.S. labor market showed surprising strength in February 2026, adding 130,000 jobs, though downward revisions to previous months' data tempered the overall employment picture.
Stats Canada Changes Inflation Release Date After Criticism
Statistics Canada has revised the publication date for February's consumer price index after economists warned that releasing data during a market holiday could create trading distortions and advantage foreign investors.
Canada's Economy Stalls with Manufacturing Decline
Canada's GDP remained unchanged in November 2025 as manufacturing and agriculture declines offset service sector growth, according to Statistics Canada data.
U.S. Consumer Confidence Hits Lowest Level Since 2014
The Conference Board's consumer confidence index dropped sharply in January, reaching its lowest point in nearly a decade as Americans express growing concerns about inflation, jobs, and economic uncertainty.
Canadian Billionaires' Wealth Tops GDP of Entire Countries
A new report exposes the staggering wealth of Canada's richest, surpassing the economic output of some nations. Explore the data and its implications for inequality.
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BoC Survey: Business Sentiment Subdued, Sales Outlook Up
The Bank of Canada's latest business outlook survey reveals subdued sentiment but an improved sales forecast. Key insights on inflation, investment, and hiring plans for 2026.
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