Delta Air Lines lost $200M in U.S. shutdown
The longest U.S. government shutdown cost Delta Air Lines an estimated $200 million in revenue. The airline cites reduced travel demand from federal employees and contractors.
Category : Search result: economic impact
Algoma Steel lays off 1,000, cites U.S. tariffs
Algoma Steel CEO Michael Garcia says U.S. tariffs have closed the American market, forcing 1,000 painful layoffs. Get the full story on this major blow to Northern Ontario's economy.
Laurentian Bank Sale: Customer Impact Explained
Laurentian Bank's sale to National Bank is finalized. Learn what this means for account holders, services, and the future of banking in Canada. Get the full details here.
Alberta Tops Canada in Economic Freedom, Falls in North America
Alberta remains Canada's most economically free province, but its North American ranking has plummeted to 30th, with seven provinces ranking below all U.S. states, according to the Fraser Institute's latest report.
World Economy to Grow 3.2% in 2025 Despite Tariffs: OECD
The OECD forecasts a 3.2% global economic expansion for 2025, highlighting resilience to trade tensions. Key factors and implications for Canada analyzed.
Algoma Steel to Lay Off 1,000 Workers
Algoma Steel announces 1,000 layoffs in Sault Ste. Marie, citing difficult market conditions and trade pressures. Read about the impact and federal support.
Windsor named finalist for EDCO Awards of Excellence
The City of Windsor is a finalist for the 2025 Economic Developers Council of Ontario Awards of Excellence. Learn about the recognition for local economic development initiatives.
New Fund Helps Vancouver Chinatown Shops Grow Customer Base
The Vancouver Chinatown Foundation's impact fund is helping legacy businesses like The Dollar Meat Store modernize with digital tools and social media, attracting a new generation of customers.
Canada Q3 GDP grows 2.6% but economists see weakness
Canada's economy surprised with 2.6% annualized growth in Q3 2025, but economists caution this masks underlying economic vulnerabilities. Learn what the data reveals.
Canadian economy grows 2.6% in third quarter
Canada's economy exceeded expectations with 2.6% growth in Q3 2025, rebounding from tariff-driven contraction. Strong trade balance fuels recovery.
Is Financial Freedom Still Realistic for Canadians?
Christopher Liew examines whether financial freedom remains achievable for most Canadians amid rising inflation and economic challenges. Discover practical insights.
Menopause Costs Canada $3.5B as Women Exit Workforce
Millions of Canadian women face debilitating menopause symptoms affecting work performance. New report reveals staggering economic impact and calls for national strategy.
Montreal business owners frustrated by temporary bike lane
Shop owners report significant slowdown as temporary bike lane on Atateken Street eliminates customer parking. Local businesses voice concerns about economic impact.
Why Canadian Bosses Prefer Hiring Foreign Workers
New research shows temporary foreign workers accept lower pay and work longer hours, depressing wages for all Canadian workers. Learn how this affects Canada's labor market.
Agentic AI Economy Impact Bigger Than Internet: Citi
Citi's new report reveals Agentic AI could transform financial services and create a 'Do It For Me' economy with greater economic impact than the internet era. Learn how this technology is reshaping finance.
New Private-Sector Economic Panel for Atlantic Canada
The federal government has established a new private-sector advisory panel to drive economic growth in Atlantic Canada. Learn about the panel's mandate and potential impact.
Canadian corporate profits rise despite US tariff hit
Canadian corporations saw operating profits grow 3.8% to $200 billion in Q3 2025, the fastest pace in two years despite ongoing US trade policy pressures.
Debt Refinancing: Benefits, Drawbacks & Credit Impact
Financial expert Christopher Liew analyzes whether refinancing your debt makes sense amid high interest rates and living costs. Learn the pros, cons, and credit implications.
Economists Forecast Faster U.S. Growth, Sticky Inflation
New economic forecasts predict slightly faster U.S. growth but persistent inflation in 2026. Analysis reveals what this means for cross-border economic policy and Canadian interests.
Canada Post Strike Ends: Trust Questions Remain
Canada Post and union reach agreement ending strike, but businesses express concern about service reliability and lost trust. What's next for postal service?
Quebec Bill 2 health reform faces doctor exodus
Quebec's Bill 2, intended to fix healthcare access, is causing clinic closures and a doctor exodus. This analysis reveals why the cure is worse than the disease.
Indigenous Role Vital for Canada's Economic Shift
Harold Calla argues that meaningful Indigenous participation is essential for Canada's economic restructuring. Projects like Cedar LNG demonstrate how partnerships create prosperity for all Canadians.
Human Lifestyles Linked to Chronic Diseases in Animals
A new study reveals how human activities are driving a rise in chronic diseases in wildlife. Discover the impact of our 'silent killers' on animal health.
Avoid Holiday Rush: Buy Your Wine Now in Canada
Expert Anthony Gismondi advises Canadians to shop for holiday wines early due to BCGEU strike impacts and a surge in white wine popularity. Discover top value picks.
DP World Launches Chile's 2025-26 Cruise Season
DP World boosts Chile's tourism as the 2025-26 cruise season begins in San Antonio, welcoming 15 ships and driving economic growth. Discover how this strengthens Chile's global travel appeal.
Calgary Economic Growth Despite Labour Mismatch
Calgary's economic outlook shows promising growth despite ongoing labour market challenges and economic uncertainty. Learn about the city's resilience and future prospects.
Calgary's 2026 GDP growth to lead Canada at 2.4%
Calgary's economy is projected to grow 2.4% in 2026, surpassing Canada's 1.3% average. Diversification beyond oil and gas drives this growth despite ongoing economic challenges.
Target profit falls 19% amid inflation pressures
Target's third-quarter profit tumbles 19% as inflation-squeezed shoppers reduce spending. The retailer expects sales slump to continue through holiday season while investing $5B in store remodels.
Report Warns Canada's EV Mandates Threaten Auto Sector
C.D. Howe Institute study reveals Canada's electric vehicle mandates risk driving up costs and undermining competitiveness without meaningful emission reductions. Learn why reforms are urgently needed.
Trump jokes about Tom Cruise's height at McDonald's summit
Donald Trump compared heroic pilots to Tom Cruise but couldn't resist a 'taller' jab, reigniting discussions about celebrity heights and political humour. Read the full story.
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