Federal deficit hits $11.1B as spending surges
Canada's federal government reported a substantial $11.1 billion deficit from April to August, with spending significantly outpacing revenue growth as economic challenges mount.
Canada's federal government reported a substantial $11.1 billion deficit from April to August, with spending significantly outpacing revenue growth as economic challenges mount.
The Bank of Canada is expected to maintain its current interest rate path despite economic pressures. Discover what this means for Canadian mortgages, inflation, and your wallet in our detailed analysis.
Former Bank of Canada governor Mark Carney meets Chinese President Xi Jinping amid global economic tensions and Canada-China diplomatic challenges. Exclusive details from the Beijing meeting.
Metro Vancouver faces an unprecedented industrial land shortage that's threatening the region's economy, driving up costs for consumers, and pushing businesses to the brink. Discover why this crisis affects everyone.
New analysis reveals dramatic reductions to Canada's immigration levels could trigger economic stagnation, labour shortages, and reduced international competitiveness.
Discover how hidden tax surcharges are draining Canadian wallets and what it reveals about government spending priorities. An in-depth analysis of Ottawa's controversial revenue strategy.
Canada's economy shows remarkable resilience as it skirts technical recession despite near-zero growth. Latest GDP data reveals surprising strength in key sectors.
Discover how the federal government's new budget rules will impact spending, deficits, and economic growth. Get the essential breakdown of Ottawa's fiscal overhaul.
A landmark agreement between Washington and Beijing is reversing damage from the costly trade war, offering relief to businesses and consumers while reshaping international trade dynamics.
As the federal government prepares its next budget, concerns mount over continued deficit spending and its impact on Canadian households already struggling with affordability.
Discover how Canada is tackling economic challenges through streamlined regulations and enhanced public-private partnerships to drive innovation and competitiveness.
Canada's housing market shows cooling signs as national home sales decline 1.9% month-over-month, breaking a four-month growth streak despite year-over-year gains and regional variations.
Statistics Canada reports dramatic drop in job vacancies as labour market shows significant cooling. What this means for employers and job seekers across the country.
Nova Scotia's Premier Tim Houston embarks on his first official trip as energy minister, heading to Calgary and Houston to promote the province's energy potential and economic opportunities.
Statistics Canada reveals August job vacancies hit lowest level since 2017, signaling major shifts in the Canadian labor market and potential economic cooling.
New Brunswick launches comprehensive five-year tourism plan targeting $1.4 billion in annual visitor spending by 2029 through strategic investments and marketing initiatives.
The European Central Bank maintains key interest rates at record highs as businesses navigate turbulent US trade policies and persistent inflation pressures across the Eurozone.
The Bank of Canada maintains its key interest rate at 5%, signaling the end of its tightening cycle while keeping options open for future moves. Discover what this means for your finances and the Canadian economy.
Former Bank of Canada governor Mark Carney meets Chinese President Xi Jinping in Beijing amid global economic tensions. Explore the geopolitical implications and Canada-China relations.
New poll reveals 46% of BC residents are dipping into savings as inflation, high interest rates, and housing costs create perfect financial storm. Discover how the province is coping.
Canada's angel investment market rebounds dramatically, but experts warn the country risks losing its brightest innovations without a comprehensive national capital strategy to compete globally.
Canadian Pacific Kansas City shatters expectations with $3.2B Q3 revenue as freight volumes climb. Discover how this railway giant is driving North American trade.
Despite stubborn inflation, economists reveal why interest rate cuts remain on the table for 2024 and how Canadians should prepare for potential financial shifts.
Regina is set to transform with a revolutionary entertainment mega-project announced by Brandt CEO. Discover how this $500M development will reshape the city's landscape and create thousands of jobs.
Despite US tariff turmoil and ongoing merger speculation, Canadian Pacific Railway reports impressive Q3 earnings growth, showcasing remarkable resilience in challenging economic conditions.
Former Bank of Canada governor Mark Carney is reportedly orchestrating a radical economic overhaul that could reshape Canadian finances through backdoor budget measures.
As Canada's cost-of-living crisis intensifies, struggling families reveal their daily financial battles and pin hopes on the forthcoming federal budget for meaningful relief from affordability pressures.
Northern Ontario steel giant Algoma Steel reports devastating third-quarter results, with tariffs and market challenges creating a perfect storm for the Canadian manufacturer.
Firefly Metals reports exceptional drilling results from its Green Bay Copper-Gold Project in Newfoundland, revealing high-grade mineralization that signals a major new discovery with significant scale and continuity potential.
Canadian financial experts warn that current interest rates may be the new normal. Discover why waiting could cost you and what steps to take immediately.