Carney's Deficit Deception: Old Trick, New Government
Finance Minister Champagne reports a $11.4B deficit drop, but critics say it's a classic budget trick. Parliamentary budget officer flags $94B misclassification.
Category : Economic Policy
Carney's Fiscal Update Lacks Bold Economic Reform
Brian Lilley argues that Mark Carney's spring economic update shows the same old spending habits, with slow growth and no major tax reform, despite claims of prudent management.
Bank of Canada Holds Rate, Warns of Higher Inflation
The Bank of Canada keeps its key interest rate unchanged, warning that inflation may rise further due to food and gasoline prices squeezing Canadians.
Bank of Canada Holds Rate at 2.5% Amid Global Turmoil
The Bank of Canada held its interest rate at 2.5% for the sixth straight month, citing global turmoil from U.S. trade policy and the Iran war, with inflation expected to peak at 3%.
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Sask., Man. Residents Face Tax Season Financial Whiplash
Residents in Saskatchewan and Manitoba are experiencing severe financial strain this tax season due to unexpected tax bills and reduced refunds, causing widespread concern.
Editorial: Feds Rolling in Cash, Even If You Aren't
The Carney government's spring economic update projects a $36 billion revenue bonus but adds $37.5 billion in spending, failing to address Canada's long-term debt problem.
Carney's Fiscal Update Continues Trudeau-Era Deficit Spending
An opinion piece argues that Prime Minister Mark Carney's spring fiscal update mirrors the Trudeau government's high-deficit approach, with spending and debt projected to rise significantly over five years.
Ottawa Spring Fiscal Update: Lower Deficit, Affordability
Canada's spring fiscal update projects a $66.9B deficit, $11.5B lower than expected, with new affordability measures and skilled trades funding.
Canada's Spring Economic Update: Lower Deficit, Sovereign Fund
The Canadian government will release its spring economic update Tuesday, featuring lower deficit figures and details on the new $25-billion Canada Strong Fund.
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LILLEY: Carney's Sovereign Wealth Fund Just Another Bureaucracy
Brian Lilley argues Mark Carney's new Canada Strong Fund is just another bureaucracy, adding to a long list of similar government funds without delivering real change.
Canada's Lost Decade: 13 Charts Show Liberal Era Decline
Explore Canada's lost decade through 13 economic charts, labour unions back anti-separatist petition, Mark Carney announces sovereign wealth fund, and more.
PM Carney to Announce Canada's First Sovereign Wealth Fund
Prime Minister Mark Carney is set to unveil Canada's first sovereign wealth fund, aiming to invest resource revenues for future generations.
Deficits Surge Across Canada: PEI Faces Record Red Ink
Provincial deficits are climbing across Canada, with PEI posting the largest shortfall in history at 4% of GDP. Combined deficits could reach 1.4% of GDP, driven by rising healthcare costs.
Bank of Canada Expected to Hold Key Rate Amid Iran War Shock
The Bank of Canada is expected to hold its key interest rate steady as it navigates economic uncertainty from the Iran war shock, according to analysts.
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C.D. Howe: Bank of Canada to Hold Rates, Hike in 2027
The C.D. Howe Institute's shadow board recommends the Bank of Canada keep rates at 2.25% and raise to 2.5% in March 2027, citing uncertainty over the Iran war and oil prices.
Canada Must Use Leverage Now in CUSMA Trade Talks
Prime Minister Carney and Ontario Premier Ford show resolve in trade talks, but experts suggest using leverage like booze bans to secure jobs and certainty.
Premier Eby Should Repeal DRIPA for Property Rights
Tegan Hill argues that DRIPA legislation fuels uncertainty over property rights in B.C., urging Premier Eby to repeal it to restore economic stability.
'Eat the Rich' Tax Hikes Won't Help Canadian Workers
Jake Fuss argues that 'eat the rich' tax proposals, like those from NDP's Avi Lewis, are economically destructive and won't benefit workers.
Smith Shows Backbone by Not Dropping Fuel Tax: Nelson
Alberta Premier Danielle Smith resists pressure to cut fuel tax, showing fiscal restraint. Chris Nelson argues this backbone is rare, contrasting with federal cuts and Norway's savings.
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Carney's Shifting Stance on US Trade Talks
Prime Minister Mark Carney's evolving positions on negotiations with the United States over the Canada-U.S.-Mexico Agreement have led to widespread uncertainty as deadlines pass without resolution.
Fed Nominee Pledges Inflation Fight as Trump Pushes Rate Cuts
A U.S. Federal Reserve nominee commits to combating inflation, even as former President Trump renews calls for interest rate cuts that could exacerbate price pressures, highlighting a key economic policy divide.
Carney: Canada's U.S. Ties a Weakness, Must Diversify Economy
Prime Minister Mark Carney says Canada's strong economic reliance on the U.S. has become a vulnerability due to trade tensions and tariffs, pledging efforts to diversify trade and investments.
Brain Drain Tax Proposal Faces Criticism at Liberal Convention
A proposal to tax Canadian emigrants up to $500,000, presented at the Liberal national convention, faces criticism for being unconstitutional and ineffective in addressing economic challenges.
Trump's Tax Cuts: Who Benefits and the Economic Impact
President Trump promotes temporary tax cuts on tips and overtime, but analysis shows most benefits go to higher-income groups, while tariffs and gas prices hurt households.
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Fuel Tax Cut Takes Effect Amid Mixed Reactions in Saskatchewan
The federal fuel tax cut has officially begun, sparking varied responses in Saskatchewan. While some welcome relief at the pump, others express concerns over long-term impacts on provincial revenues and environmental policies.
Trump Threatens to Fire Fed Chair Powell Over Term Expiry
Former President Donald Trump warns he will fire Federal Reserve Chair Jerome Powell if he does not step down when his term ends, amid a DOJ investigation into Fed headquarters renovation.
Fuel Tax Holiday Proposal Criticized as Costly and Short-Sighted
Conservative leader Pierre Poilievre's proposal for a federal fuel tax holiday to address gas price spikes faces criticism for its $5.25 billion cost and potential to undermine long-term infrastructure investments like high-speed rail.
Trump's Tariffs Hit Americans Harder, Analysis Shows
A new analysis reveals that former President Donald Trump's tariff policies have inflicted significant economic harm on American consumers and businesses, with costs outweighing benefits.
Ford's Budget Drives Ontario Debt to $485 Billion
Ontario Premier Doug Ford's 2026 budget adds $25.8 billion to provincial debt, raising total to $485.1 billion. Critics label Ford as Canada's corporate welfare king, with unemployment at 7.6% despite billions in business subsidies.
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Carney Government Doubles Down on Deficit Spending
The Carney government plans to spend $67.6 billion more than Trudeau's projections, leading to deficits over $321 billion and debt reaching $2.9 trillion by 2030, according to a new fiscal analysis.
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