The S&P 500 dips in December, diverging from its typical Santa Claus rally. Investors weigh massive AI spending and shifting Fed rate cut expectations for 2026. Key data releases post-shutdown add to market volatility.
U.S. inflation cooled more than expected in November, with consumer prices rising 2.7% annually. This surprise slowdown offers potential relief for the economy and cross-border trade with Canada.
B.C. Premier David Eby emphasizes the need for federal partnership on infrastructure vital to trade, highlighting projects like the Massey Tunnel. Read more on the economic priorities.
The federal government will begin notifying public servants of potential job cuts in January 2025. Get the latest details on this significant workforce adjustment.
Community groups fear Ottawa's rezoning of over 100 hectares of NCC land could threaten the Poets' Pathway and vital urban forest. Learn about the transparency concerns and environmental impact.
U.S. job market momentum fades with 64,000 November jobs, rising unemployment, and delayed data due to government shutdown. AI and policy uncertainty weigh on hiring.
The federal government has started informing public servants about potential job reductions. Get the latest details on this developing story affecting Ottawa's workforce.
Morgan Stanley admits it 'jumped the gun,' revising its December U.S. Federal Reserve interest rate prediction. Get the full analysis on this significant market shift.
Forecasts for the Canadian dollar turn less bullish as a key trade deal remains out of reach and fewer Fed rate cuts loom. Explore the economic implications.
Edmonton City Council approves a 6.9% property tax increase for 2026, funding Explore Edmonton. A motion for a steeper hike to quickly refill city reserves was defeated. Learn the details and implications for homeowners.
Preston Manning argues Canada needs a credible alternative to PM Mark Carney's government, proposing policy shifts on budget, bureaucracy, and federalism. Read his vision.
White House economic adviser Kevin Hassett cited a 19-cent drop in turkey prices as proof of Trump's economic strength, drawing swift criticism online as broader data shows food inflation rising. Read the full story.
Wall Street's rally stalled as a sharp cryptocurrency selloff and rising global bond yields prompted investor caution. Bitcoin tumbled 7%, while the S&P 500 briefly fell below 6,800. Read the full analysis.
A federal union reports persistent rumours of a new office mandate for public servants in Ottawa. Get the latest details on the potential policy shift and its implications.
Silver prices surged to a historic peak on December 1, doubling this year and outpacing gold's rally. Traders bet on tight supplies and potential Fed rate cuts. Discover the market drivers.
President Donald Trump confirms he has chosen his nominee for Federal Reserve chair, with top adviser Kevin Hassett the frontrunner to replace Jerome Powell and pursue rate cuts. Details on the selection and market impact.
Edmonton confronts a $52.3 million structural budget deficit, threatening its financial reserves and city services. Officials warn of potential service cuts and fee increases.
Canadian markets rallied strongly with S&P/TSX composite gaining over 440 points as investor optimism about potential Federal Reserve rate cuts boosted sentiment. Discover the market drivers.
Gold prices trimmed losses after Federal Reserve signals potential interest rate cut. Swap traders now price 68% chance of December reduction as bond yields fall.
Finance Minister François-Philippe Champagne met with SUMA President Randy Goulden in Regina to discuss how the federal budget affects Saskatchewan's economy and local communities.
U.S. stocks experienced a dramatic reversal, erasing a major morning surge as Nvidia and cryptocurrencies led a sharp sell-off. Discover the factors behind the market's volatility.
US employers added 119,000 jobs in September as unemployment rose to 4.4%. Delayed report reveals economic strain from high interest rates and trade uncertainty.
President Donald Trump joked about firing Treasury Secretary Scott Bessent if interest rates don't drop, while escalating his criticism of Fed Chair Jerome Powell at the U.S.-Saudi Investment Forum.
Donald Trump's recent speech revealed deepening detachment from reality as he offered Fed jobs, claimed he could beat Washington-Lincoln ticket, while Epstein files loom. Read the unfolding political drama.
Conservative leader Pierre Poilievre faces critical decision on triggering election to block Mark Carney's budget with $78 billion deficit. Analysis of political risks and policy opportunities.
Public Service Alliance of Canada reveals federal employees will receive potential layoff information shortly. Stay informed about government workforce changes.
Federal Reserve Governor Lisa Cook's lawyers dispute mortgage fraud claims in letter to Attorney General. Trump seeks first-ever removal of Fed governor in 112-year history.
The U.S. stock market declined sharply as Nvidia and other AI-focused stocks retreated. The Dow dropped over 550 points. Read more on the market shift and what's next.
A new report reveals federal public service cuts will affect 2.5% of Ottawa's workforce, but economists explain why the city will weather this storm better than 1990s austerity.
Canada's Department of National Defence plans to train civil servants for supplementary reserve roles. Learn about the controversial new program and its implications for national security.