Federal Gas Tax Pause Takes Effect, Saving Drivers Money
The Canadian government's temporary suspension of the federal gasoline and diesel tax has officially begun, aiming to reduce fuel costs for consumers amid global price pressures.
Category : Economic Indicators
Stats Canada Set to Report March Inflation Data
Statistics Canada is poised to unveil March inflation data, offering critical insights into economic trends and consumer price pressures across the nation.
Ex-BoC Governor: 30% Chance Canada Enters Recession
A former Bank of Canada governor predicts a 30% probability of Canada falling into a recession due to mounting global economic challenges and domestic vulnerabilities.
Ex-Bank of Canada Chief Predicts 30% Recession Chance
A former Bank of Canada governor warns Canada faces a 30% probability of entering a recession due to mounting global economic challenges and domestic pressures.
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Fix Canada's Brain Drain by Improving Economy, Not Exit Taxes
Young Canadians are leaving due to economic challenges, not lack of patriotism. Solutions require fixing systemic issues rather than punitive measures like proposed $500K exit fees.
Cuba Allows Diaspora Investments in Economic Shift
Cuba has approved a new policy allowing members of its diaspora to invest in the country, marking a significant economic reform aimed at boosting foreign capital and development.
Gas Price Shock Expected in Monday's Inflation Numbers
Economists predict gas prices will significantly impact Canada's inflation report. Bank of Canada discusses AI risks, while experts debate mortgage terms and retirement savings strategies.
IMF: Canada Has Strongest Fiscal Position in G7
The International Monetary Fund praises Canada's fiscal strength relative to other G7 countries, highlighting its debt management and economic resilience amid global challenges.
IMF: Canada's Fiscal Position Strongest in G7
The International Monetary Fund highlights Canada's robust fiscal standing compared to other G7 countries, with Finance Minister Francois-Philippe Champagne set to release a mini-budget update.
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Canada's Public Debt Nears 100% of GDP Threshold
Federal and provincial debt accumulation is accelerating simultaneously, with total public liabilities projected to reach $2.526 trillion by year's end, matching Canada's annual economic output for the first time since the 1990s.
Inflation Surge Expected in March Due to Iran Oil Shock
Inflation is projected to jump significantly in March as the effects of the Iran oil shock enter price data, driven by rising gas prices and broader economic pressures.
Gas Price Spike to Shock March Inflation Report
Economists predict a significant shock to Canada's March inflation report due to a record 21% gas price surge between February and March, driven by Middle East tensions.
Mintz: Improve Canada to Keep Citizens, Not Block Exits
Economist Jack Mintz argues against exit fees or restrictions for Canadians leaving, linking brain drain and Alberta separation to dissatisfaction with opportunities at home.
Trudeau's Policies Caused $1 Trillion Capital Flight from Canada
A comprehensive RBC report reveals that Canada experienced over $1 trillion in investment exodus during the Liberal tenure, with GDP per capita growth falling below 1% due to regulatory burdens and policy uncertainty.
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IMF: Asia Vulnerable to War-Induced Energy Shock
The International Monetary Fund cautions that Asia's economies are highly exposed to potential energy supply disruptions caused by geopolitical conflicts, threatening regional stability.
China's Economy Grows 5% in Q1, Shrugs Off Iran War Impact
China's economy demonstrated resilience with 5% growth in the first quarter of 2026, overcoming initial disruptions from the Iran conflict. The expansion highlights robust domestic demand and technological innovation.
IMF Urges Fiscal Caution Amid Global Economic Uncertainty
The International Monetary Fund warns that deficits and debts are dangerously high worldwide, urging governments to exercise fiscal restraint despite pressures from the Iran-Israel-U.S. conflict.
Equalization Program Flaws Caused $10.5B Overpayments
A Fraser Institute study reveals Canada's federal equalization program has overpaid 'have not' provinces by $10.5 billion since 2018 due to a design flaw, with Alberta, B.C., and Saskatchewan subsidizing others disproportionately.
Helium Shortage Hits Regina Due to Middle East Conflict
Regina, Saskatchewan is experiencing the effects of a worldwide helium shortage, driven by the ongoing conflict in the Middle East, which is disrupting supply chains and affecting local industries.
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Trump Tariffs May Be Restored by July, Bessent Says
Treasury Secretary Scott Bessent indicates that former President Donald Trump's tariffs could be reinstated to previous levels by early July, following Supreme Court setbacks and new Section 301 investigations.
Carney's Gas Tax Cut: Impact on Bank of Canada and Inflation
Prime Minister Mark Carney's temporary suspension of federal excise taxes on gasoline and diesel could ease inflation pressures and influence Bank of Canada monetary policy decisions amid Middle East conflict disruptions.
Canada's Inflation War: Economic Threat and Social Division
Inflation in Canada acts as a hidden tax, disproportionately affecting families and seniors while creating social divisions. Structural factors and policy decisions have fueled this persistent economic challenge.
Winnipeg Drivers React to Federal Gas Tax Cut
Winnipeg drivers express varied opinions on a temporary federal gas tax reduction, with some welcoming relief and others questioning its impact amid ongoing economic pressures.
Atlantic Canada Government Workforce Larger Than National Figures
A new Fraser Institute report reveals that Atlantic Canada's public sector employment significantly outpaces the national average, raising questions about regional economic efficiency and fiscal sustainability in the provinces.
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B.C. Minister Warns of Iran War Impacts Beyond Gas Tax Cut
B.C. Growth Minister Ravi Kahlon cautions that the temporary federal gas tax suspension may not fully shield the economy from broader geopolitical disruptions stemming from the Iran conflict, highlighting potential supply chain and inflationary pressures.
IMF Cuts Growth Outlook, Warns of Iran War Recession Risk
The International Monetary Fund has revised its global economic growth projections downward, citing heightened risks from escalating tensions in the Middle East, particularly the Iran conflict.
U.S. Wholesale Prices Surge in March Amid Iran War
U.S. wholesale prices rose sharply in March, with energy costs surging due to the Iran war, complicating Federal Reserve efforts to combat inflation.
Euro-Zone Economy Below ECB Baseline, Lagarde States
European Central Bank President Christine Lagarde reveals the euro-zone economy has shifted below the ECB's baseline scenario due to Middle East conflict impacts, though not enough to trigger immediate rate hikes.
IMF Cuts Global Growth Outlook Due to Iran War, Inflation Fears
The International Monetary Fund has revised its global economic projections downward, citing heightened uncertainty and inflationary pressures stemming from the ongoing conflict in Iran.
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Global Markets Rally, Oil Falls on U.S.-Iran Talks
Global stock markets experienced significant gains while oil prices declined sharply as investors reacted positively to the potential revival of diplomatic talks between the United States and Iran.
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