Alberta Oil and Agriculture Boost Canada's Economy
Alberta's energy and agricultural sectors are providing stability to Canada's slowing economy, with the province facing the lowest U.S. tariffs and strong growth projections through 2027.
Category : Economic Indicators
Deloitte: Modest 2026 Growth Amid Iran War, Trade Risks
Deloitte projects modest economic growth for 2026, highlighting persistent uncertainties from the Iran conflict and global trade tensions that continue to linger.
Deloitte Cuts Canada's 2026 GDP Forecast to 1.2%
Deloitte Canada has revised its 2026 economic growth forecast downward to 1.2% from 1.5%, citing uncertainties from the U.S.-Israel-Iran conflict and the upcoming CUSMA review.
User-Pay Infrastructure: Fair and Efficient Approach
Economist William Watson argues that user-pay infrastructure funding is both equitable and economically efficient, using the Chicago Bears' potential stadium move as a case study against public subsidies.
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B.C. Fuel Price Surge Affects More Than Just Drivers
Diesel prices in British Columbia have nearly doubled since December, affecting truck drivers like Josh Pearson and threatening broader economic consequences including higher grocery costs and potential interest rate hikes.
Six Expenses Rising in Ottawa This April
As April begins, Ottawa residents face higher costs on several fronts, from federal taxes to local services. This overview details the key increases impacting household budgets in the capital.
Canada's Economic Strategy Mirrors Trump's Intervention Approach
While Canada expresses political opposition to Donald Trump, its economic policies increasingly reflect his belief in government-led economic planning, with major investments in housing, transit, and industrial strategies.
Ontario's Fiscal Mismanagement: Ford Mirrors Liberals
Analysis reveals Ontario's Progressive Conservative government under Doug Ford continues high spending and deficit policies similar to previous Liberal administrations, with worsening fiscal metrics.
Canada's Economic Rollercoaster: GDP Growth Meets Forecasts
Canada's economy shows stronger-than-expected GDP growth in early 2026, with economists estimating first-quarter expansion between 1.4% and 1.8%, aligning with Bank of Canada projections.
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Canada's GDP Edges Higher, Beating Forecast in January
Canada's economy grew 0.1% in January, slightly above expectations, with goods-producing industries expanding for the second consecutive month. Statistics Canada reported gains in mining, construction, and utilities.
Canada's GDP Grows 0.1% in January, Indicating Modest Economic Expansion
Statistics Canada reports a slight 0.1% increase in real GDP for January 2026, reflecting cautious economic momentum amid ongoing global uncertainties.
Should Canada Cut Gas Taxes Amid Global Price Surge?
With global conflicts and seasonal shifts driving up fuel costs, countries worldwide are temporarily reducing gas taxes. This report examines whether Canada should adopt similar relief measures for consumers.
Fed's Powell: Limited Ability to Tackle Energy Price Surges
Federal Reserve Chair Jerome Powell states the central bank is closely watching rising energy costs but has restricted capacity to directly intervene, highlighting broader economic monitoring efforts.
Gas Price Surge Hits Gig Economy and Self-Employed Hard
Rising fuel costs are creating financial strain for drivers who rely on personal vehicles for work, from Uber drivers to delivery workers, as expenses cut into earnings.
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Dubai Announces $270M Economic Support Package
The Dubai government has unveiled a substantial economic support package exceeding $270 million to assist businesses and families, as regional conflicts impact the local economy.
G7 Holds Historic Finance-Energy Meeting on Iran War Impact
G7 finance and energy ministers held an unprecedented joint meeting with central bankers to assess economic shocks from the Iran war, including oil price volatility and inflation pressures.
Seniors Outearn Youth as Canadian Happiness Plummets
New data reveals Canadian seniors now have higher incomes than young adults, while youth happiness ranks 71st globally. This generational divide highlights economic and social challenges facing Canada's younger population.
California Billionaire Tax Drives Wealth Out of State
A proposed one-time wealth tax on California billionaires is already causing wealthy residents to flee the state, with experts warning it could become permanent and harm economic prospects.
Alcohol Tax Hike Criticized for Affordability, Job Concerns
A 2% federal excise tax increase on alcohol effective April 1, 2026, is facing opposition from businesses and unions, with critics warning it will worsen affordability challenges and threaten jobs in the brewing industry.
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Africa Hit by Global Crisis It Didn't Start
African nations are grappling with severe economic impacts from a global crisis they had no role in causing, with rising fuel prices and supply chain disruptions threatening stability across the continent.
Rising Gas and Diesel Prices Deliver Multiple Negative Economic Impacts
Escalating gas and diesel costs across Canada are imposing significant financial burdens on households and businesses, with truckers and consumers expressing deep concern over the economic fallout.
Alberta Economy Forecast to Grow Despite Global Turmoil
A new ATB Financial report projects Alberta's economy will expand in 2026, defying global economic challenges through strong energy sector performance and diversified growth.
Ontario's 2026 Budget: Tax Cuts, Healthcare Funding Detailed
The Ford government's 2026 Ontario budget features a $244.2 billion spending plan with small business tax cuts, expanded HST rebates for homebuyers, and record healthcare investments amid a rising deficit.
Oil Spike to Cost Canada Jobs and Fuel Inflation
Economists warn that rising oil prices due to the Iran conflict are set to increase Canadian inflation to 2.4% and unemployment to 6.7%, posing stagflation risks as the Bank of Canada grapples with interest rate decisions.
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Ontario Budget: Limited New Aid for Key Industries
Ontario's latest provincial budget focuses on existing support programs rather than introducing new measures for vulnerable sectors like automotive, steel, agriculture, and forestry. Finance Minister Peter Bethlenfalvy emphasizes economic growth and job c
Chocolate Prices Stay High for Easter: Expert Insights
As Easter approaches, chocolate prices remain elevated due to climate impacts on cocoa, supply chain issues, and rising production costs, experts explain.
Cocoa Prices Drop, But Easter Chocolate Costs Stay High
Despite recent declines in cocoa prices, consumers should not expect cheaper Easter chocolate this year due to persistent supply chain and production costs.
Ontario Budget Projects Record Deficit Under Ford Government
Ontario Premier Doug Ford's 2026 budget reveals a $13.8 billion deficit, marking a significant departure from his earlier deficit criticisms and continuing a pattern of postponed balanced budgets.
Ontario 2026 Budget: Small Business Tax Cut, AI Funding
Ontario's 2026 budget introduces a small business tax cut and significant AI funding, while facing challenges from declining LCBO revenue and a nearly doubled deficit.
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Ontario Deficit Doubles in $244.2 Billion Budget
Ontario's 2026 budget reveals a near-doubling deficit to $244.2 billion, citing unpredictable economic shocks. The plan outlines significant impacts on public finances and pocketbooks across the province.
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