Alberta Gas Price Relief Delayed Until July, Smith Says
Alberta Premier Danielle Smith advises residents to wait until July for potential gas tax relief, citing legal requirements and current economic factors amid high pump prices.
Category : Economic Indicators
Stagflation Returns Amid Iran War's Economic Fallout
The conflict in Iran is triggering stagflation fears worldwide, with rising inflation and stagnant growth threatening economies from the UK to the US. Energy price surges and supply chain disruptions are hitting households and businesses hard.
Middle East War Drives Inflation, OECD Cuts Growth Forecasts
The OECD reports the Middle East conflict has revived inflation fears and hampered global economic growth, with U.S. inflation projected at 4.2% in 2026 and reduced growth forecasts.
Carbon Tax Hike to $170 May Cost Workers $1,160 Annually
A Fraser Institute study predicts Canada's carbon tax increase to $170 per tonne by 2030 could reduce average worker income by $1,160, eliminate 50,000 jobs, and shrink the economy by 1.3%, with Alberta hardest hit.
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Iran War Erases Global Growth Upgrade, Fans Inflation: OECD
The OECD reports that escalating conflict in Iran has eliminated projected global economic growth improvements and is driving inflation higher worldwide, impacting markets and policy.
Gas Price Volatility in Canada Amid Iran War
As the conflict in Iran continues, Canadian drivers face a rollercoaster of gas prices. Experts analyze trends and what consumers can expect in the coming months.
Carbon Tax Hike to Cost $1,100 Per Person, Cut 50,000 Jobs
A new Fraser Institute study reveals the Industrial Carbon Tax increase will reduce GDP by 1.3%, cost $1,160 per person, and eliminate 50,000 jobs by 2030 compared to current policy.
Federal Bureaucracy Growth Stifling Canadian Economy
Government employment in Canada has grown three times faster than private sector jobs since 2020, with public administration positions surging nearly 27%, creating economic strain according to OECD data.
Gas Prices High in Canada Despite Easing Signs
Canadian drivers continue to face elevated fuel costs as global tensions, including the Iran conflict, create volatility at the pump, though recent trends suggest potential relief ahead.
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Why Canada's Economy Trails U.S. for Decades: StatsCan Report
A new Statistics Canada analysis examines why labor productivity and GDP growth in Canada have consistently trailed the United States since the late 1990s, highlighting structural differences between the two economies.
Federal Expansion Hinders Economic Growth
As federal government spending increases, national economic growth slows. Alberta's lower per capita federal spending keeps its government size within optimal limits, unlike other provinces.
U.S. Business Activity Drops to 11-Month Low Amid Iran War
A recent S&P Global survey shows U.S. business activity declining to its lowest level in 11 months during March, driven by geopolitical tensions from the Iran war and rising fuel costs.
Canadian Return Trips from U.S. Decline Again: StatCan
Statistics Canada data reveals a continued decrease in cross-border travel, with fewer Canadians returning from the United States, highlighting shifting travel patterns and economic factors.
Iran War Delivers Dual Shock to Global Economy
Business surveys reveal the Iran conflict's devastating impact on global economic momentum and prices, with PMI indexes showing widespread declines and surging inflation indicators across major economies.
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Foreign Investment Boom Hides Canada's Capital Investment Crisis
While Canada celebrated record foreign direct investment in 2025, experts warn that nearly half came from mergers and acquisitions rather than new capital creation. Business investment in infrastructure, machinery, and intellectual property has declined s
Gas Prices Soar as Trump's Iran War Hits Consumers
The national average for a gallon of regular gasoline has surged nearly $1 in three weeks following President Trump's preemptive campaign with Israel against Iran, with experts warning of recessionary impacts and prolonged high prices.
Iran War Sparks Oil, Fertilizer, and Insurance Price Surge
The U.S.-led conflict with Iran has blocked the Strait of Hormuz, causing oil prices to spike 50%. This impacts fuel, fertilizer, and insurance costs, threatening higher grocery bills for Americans.
Dow Soars 1,000 Points, Oil Falls on Iran War End Hopes
The Dow Jones Industrial Average skyrocketed by 1,000 points, while oil prices experienced a sharp decline, driven by investor optimism over potential peace negotiations in the Iran conflict.
US Economy's Strengths Buffer Impact of Trump's Iran War
Despite geopolitical tensions from Trump's Iran conflict, America's energy independence, retail investor base, and dollar's safe-haven status are protecting the economy from severe damage, according to analysis.
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Mark Carney's Unfulfilled Promises: Canada's Economic Woes
A year into his tenure, Prime Minister Mark Carney's economic pledges remain unmet as Canada faces worsening fiscal health, declining competitiveness, and stalled critical projects.
U.S. Recession Risk Rises with Iran War Oil Price Spike
Moody's Analytics warns a U.S. recession would be 'difficult to avoid' if elevated oil prices persist due to the Iran conflict, with global growth forecasts downgraded.
Economist: Iran War to Keep Prices High for Years
Henrietta Treyz predicts sustained high prices from the Iran war, with oil disruptions causing economic ripple effects across sectors like travel and food for over 200 days.
Saskatchewan Economy Deemed Resilient by Credit Agency
A major credit ratings agency has highlighted Saskatchewan's economic resilience, citing stability from the 2026 budget with tax incentives and low small business rates.
Sask. Finance Minister Talks Budget with Saskatoon Business Community
Saskatchewan Finance Minister Jim Reiter addressed the Saskatoon Chamber of Commerce about the provincial budget, highlighting cautious oil price projections and the economic impacts of rising oil prices and Canadian dollar.
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Atlantic Canada Businesses to Raise Prices: Survey
A new survey reveals that more than half of businesses in Atlantic Canada intend to increase prices in 2026, citing rising costs and economic pressures as key drivers.
AI Cannot Outperform Markets: Economic Complexity Defies Computation
Despite advances in artificial intelligence, the economy remains a complex discovery process that cannot be reduced to equations. Historical economic insights reveal why markets outperform computational planning.
Population Decline and Western Migration Reshape Canada
Canada's population declined by 0.2% in early 2026, with significant internal migration to Alberta and B.C. altering political representation while net emigration threatens economic growth potential.
Big Government Stifles Canadian Economic Growth: Study
A new Fraser Institute report reveals government spending has ballooned to 43.6% of GDP, far exceeding optimal levels and hampering economic growth across provinces.
Sask. Budget Criticized, Oil Revenue Could Narrow Deficit Gap
The Saskatchewan government's 2026-27 budget projects an $819 million deficit, drawing criticism from tax advocates. An economist highlights potential oil revenue gains from global market volatility.
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Gas Prices May Hit $2/Litre, Turbocharging Food Costs This Summer
An analyst predicts gas prices could surge to $2 per litre this summer, significantly increasing transportation costs and driving up food prices across Canada.
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