Geopolitical tensions in the Strait of Hormuz combined with Canada's scheduled carbon price increase could add 0.4 to 0.7 percentage points to food inflation, costing households up to $200 more annually.
President Trump's military campaign against Iran and new global tariffs are causing gas prices to surge, with analysts predicting further increases in household expenses for American consumers.
U.S.-Israeli strikes on Iran and Tehran's retaliation are triggering a surge in American gas prices, with economists warning of inflationary pressures that could impact consumer spending and Federal Reserve policy ahead of midterm elections.
The conflict in Iran and resulting energy price surge will pressure emerging markets' external balances, currencies, and capital flows, analysts warn, extending impacts well beyond inflation concerns.
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New research from the Bank of Canada reveals Canadians are increasingly choosing domestic travel and products over U.S. alternatives, with significant drops in cross-border trips and measurable shifts in grocery spending patterns.
A new study reveals federal procurement rules favoring domestic firms could inflate infrastructure costs by over $12 billion annually, with taxpayers bearing the burden.
Dr. Donald Savoie advocates for strategic resource development in the Maritimes to address fiscal deficits, emphasizing economic growth and regional stability.
A sustained $10-per-barrel rise in WTI oil prices could increase Canada's real GDP by 0.5% by 2027, according to Scotiabank analysis, while also pushing inflation and interest rates higher.
Cuba's president is pushing for immediate reforms to the island's economic and business structures, signaling a critical shift as the nation faces mounting challenges.
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The Congressional Budget Office projects federal debt will reach 120% of GDP by 2036, with deficits growing annually. Experts warn this unsustainable path could trigger economic collapse within decades.
Canadian provinces are grappling with significant budget deficits, driven by economic pressures and rising costs, highlighting a widespread fiscal issue that demands coordinated policy responses.
A food economist predicts coffee prices could fall in Canadian grocery stores in coming months due to market shifts, but cafe costs will remain elevated.
The U.S.-Israel attack on Iran has sent oil prices soaring and raised concerns about prolonged instability. Analysts question the economic payoff and warn of potential inflation and interest rate hikes.
Demographic experts weigh in on Canada's recent population swings, citing economic and social pressures. The rapid growth has sparked debate about sustainability and infrastructure strain.
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Alberta's significant budget deficit for 2025 comes as no surprise to economists, who attribute it to persistently low oil prices impacting provincial revenues.
Canadians prepare to set clocks ahead one hour as Daylight Saving Time approaches. The annual time change brings longer evenings but also sparks ongoing debates about its necessity.
Russia's war economy faces mounting pressure as regional budget shortforces force increased Kremlin dependency. Nizhny Novgorod industrialists report falling investment and profits despite military spending.
U.S. wholesale prices rose more than expected in January, increasing 0.5% from December and 2.9% from a year ago, signaling persistent inflationary pressures.
Canada's economy lost momentum in late 2025, with GDP declining 0.2% in Q4 and annual growth dropping to 1.7%, the slowest since 2020, due to lower exports to the U.S.
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Canada's economy experienced a contraction in the fourth quarter of 2026 on an annualized basis, with full-year growth slowing to 1.7%. The data highlights ongoing economic challenges amid global uncertainties.
Global birth rates have plummeted, creating inverted population pyramids where older generations outnumber the young. This demographic shift threatens economic stability, housing markets, and social systems worldwide, with immigration emerging as a key so
Statistics Canada's latest survey reveals disappointing private-sector investment growth outside mining, challenging Prime Minister Mark Carney's economic restructuring agenda as public spending continues to carry the load.
Statistics Canada is set to report the gross domestic product data for the final quarter of 2025, providing a crucial snapshot of the nation's economic health as policymakers and analysts await the results.
Alberta's 2026 budget introduces new taxes on rentals and tourism, fee hikes in education and care homes, and reduced income thresholds for seniors' benefits to address projected deficits.
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Alberta Premier Danielle Smith's government signals willingness to discuss tax structure changes, including potential sales tax, as province faces $9 billion deficit and spending pressures.
Despite Canada's economic stagnation and falling behind U.S. states like Alabama in GDP per capita, Canadians maintain a strong sense of moral superiority over Americans, as highlighted by recent political discussions.
Alberta's UCP government projects deficits for the next four years, but analysis shows these figures are significantly lower than the inflation-adjusted deficits run by the previous NDP administration.
British Columbia under Premier David Eby faces a record-breaking $13.3 billion deficit, highlighting fiscal irresponsibility across Canadian governments and urging spending cuts to avoid a debt crisis.
Alberta's government is set to table a budget projecting a significant multibillion-dollar deficit for 2026, highlighting ongoing fiscal pressures and economic uncertainties in the province.
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Foreign direct investment into Canada soared to $96.8 billion in 2025, marking the strongest annual inflow since 2007, driven by mergers and acquisitions primarily from the United States.
