Following the reopening of the Haji Omeran crossing, Iranian Kurds are traveling to northern Iraq's Kurdistan Region to access lower-cost food, internet services, and employment opportunities, highlighting regional economic disparities.
For the first time in nearly a century, US debt interest costs have surpassed defense spending as a percentage of GDP, sparking concerns over national security and fiscal policy.
Saskatchewan's fiscal challenges stem from a sluggish private sector, with the tax system identified as the primary obstacle to unlocking growth and stabilizing public finances.
Analysis reveals Canada's generational divide: boomers thrive while millennials and Gen Z face impossible housing costs, declining incomes, and a collapsed social contract that once promised prosperity.
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Calgary's unemployment rate dipped to 6.6% last month, contrasting with rising joblessness across most of Canada, highlighting regional economic strength.
Alberta's labor market shows resilience as its unemployment rate remains lower than the national average in February 2026, despite broader economic challenges across Canada.
Rising fuel prices are significantly increasing operational costs for businesses across Saskatchewan, impacting sectors from agriculture to retail and transportation.
Escalating fuel costs driven by Middle East tensions are prompting consumers across Canada to rethink budgets, with economic ripple effects expected to intensify.
Quebec experienced the sharpest employment decline among provinces in February 2026, with a 1.2% drop, as national unemployment rose to 6.7%. The hardest-hit sectors include wholesale and retail trade, along with personal services.
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A stark analysis describes Canada's February job losses as a 'bloodbath', but experts predict a turnaround as economic conditions improve in the coming months.
Canada's unemployment rate rises to 6.7% as 84,000 jobs vanish in February 2026, with long-term unemployment surpassing pandemic levels, hitting young and male workers hardest.
The U.S. economy expanded at a modest 0.7% annual rate in the fourth quarter, according to revised government data, marking a downgrade from earlier estimates and reflecting persistent economic headwinds.
The U.S. economy grew at a sluggish 0.7% annual rate in Q4 2025, sharply downgraded from initial estimates, as the government shutdown and weak consumer spending hampered momentum.
Statistics Canada reports a significant downturn in the labor market, with 84,000 jobs lost in February 2026, pushing the national unemployment rate up to 6.7%.
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Alberta's current fiscal framework fails as deficits soar to $24 billion and debt hits $137 billion. Experts argue for a return to Ralph Klein's clear, disciplined budget rules to restore fiscal health.
Statistics Canada is set to publish key labor market data for February, including employment numbers and the unemployment rate, offering insights into the nation's economic health.
Economic experts caution that the closure of a major oil route may lead to potentially catastrophic price increases in gas, shipping, and groceries, with impacts expected until the route is restored.
Alberta's 2026 budget reveals a $9.4 billion deficit, marking the end of fiscal responsibility in Canada as spending surges and taxes rise under Premier Danielle Smith's government.
A new Postmedia-Leger poll shows 71% of Canadians are concerned about growing government deficits, with many believing the middle class will ultimately foot the bill. The survey reveals regional and political divides on who should shoulder the costs.
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Adam Smith's foundational question about self-interest effects remains central to economics today, as demonstrated by contemporary studies on EV subsidies and wage gaps that explore human behavior.
Statistics Canada data reveals a notable decrease in alcohol sales across the country, driven by evolving consumer preferences and health-conscious trends.
A new report from the Fraser Institute estimates that Canadians suffered over $4.2 billion in lost wages and reduced productivity in 2025, highlighting significant economic impacts on the workforce.
Economic indicators suggest inflation will spike in the coming months, reversing a temporary cooling trend observed in early 2026, with rising energy and commodity costs driving the upward pressure.
Canada's productivity gap with the U.S. widens significantly, with food sector showing 10.1% U.S. growth versus Canadian decline. Experts warn of supply chain vulnerabilities and rising food inflation.
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Nobel laureate Paul Krugman warns that Donald Trump's Iran conflict could trigger a catastrophic global oil crisis, surpassing 1970s shocks and sending prices soaring.
Canada leads the G7 with 7.3% food inflation as grocery prices drive persistent increases. A new report warns elevated costs will continue through 2026 due to import prices, supply chain issues, and extreme weather.
Ontario Finance Minister Peter Bethlenfalvy announced the provincial budget will be tabled on March 26, emphasizing a prudent approach amid economic challenges from U.S. tariffs.
As Ontario prepares for its 2026 budget, analysis reveals the Ford government's struggle with deficits and debt, raising questions about fiscal responsibility and taxpayer burdens.
Ontario Finance Minister Peter Bethlenfalvy announces the provincial budget will be tabled on March 26, 2026, with a strategic emphasis on enhancing productivity and economic competitiveness across the region.
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The closure of the Strait of Hormuz following U.S.-Israel strikes is driving up oil and fertilizer prices, threatening food shortages, and complicating central bank policies worldwide.
