Wealth Inequality: New Report Reveals Quebec's Billionaire Count
A new report reveals Quebec has 45 billionaires, highlighting widening wealth inequality and sparking debate over tax policies and economic fairness in the province.
Category : Economic Indicators
Jack Mintz: World Cup economic bounce is unlikely
A new study finds that hosting the World Cup may boost business expectations briefly, but the overall economic impact is small and short-lived, with no lasting GDP gains.
Canada's Brain Drain to U.S.: Report Reveals Reasons
A new University of Calgary study shows young, educated Canadians are fleeing to the U.S. for jobs, taxes, and healthcare, with 19,300 emigrating in 2022.
Rebranded GST 'grocery benefit' cash hits bank accounts Friday
Canada's new Canada Groceries and Essentials Benefit (CGEB) will deposit a 25% boosted payment to over 12 million low- and modest-income Canadians on Friday, July 3, 2026.
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Rising Prices and Mortgage Rates Worsen Canada's Housing Affordability
Housing affordability declined across Canada in May as rising prices and mortgage rates increased the income needed to qualify for a mortgage. Calgary ranked mid-pack among 13 markets, requiring $124,360 annually.
Alberta Opens $100 Affordability Payment Applications
The Alberta government has opened applications for a $100 affordability payment to help residents with rising costs, as announced on July 1, 2026.
Bloated federal civil service costing taxpayers billions: CTF
Canada could have saved $7 billion over the past decade if federal public service growth matched population growth, says Canadian Taxpayers Federation analysis.
Free trade scars, new CRA head, GDP grows, recession false alarm
Canada's GDP grew 0.5% in April, quashing recession fears. Meanwhile, a new CRA head is appointed, and communities like Wallaceburg bear free trade scars.
April GDP Surge Quiets Recession Fears, BMO Says
Canada's economy grew 0.5% in April, topping expectations and quieting recession talk, but economists say it's not enough to spur Bank of Canada rate hikes.
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First CGEB Payment Up to $1,826 for Eligible Canadians This Friday
Eligible Canadians will get their first quarterly Canada Groceries and Essentials Benefit payment this Friday, worth up to $1,826 annually, replacing the GST/HST credit.
Canada's Economy Rebounds with 0.5% Growth in April
Canada's GDP grew 0.5% in April 2026 after a 0.2% contraction in March, driven by oil and gas, manufacturing, and public sector gains, Statistics Canada reported.
Canada's Economy Grows 0.5% in April, Beating Expectations
Canada's GDP grew 0.5% in April, driven by mining and oil and gas, marking a strong start to Q2 2026 after a technical recession.
Return to Office Report Ends, Equity Risks, Mortgage Regret, AI Frenzy
The Strategic Regional Research Alliance ends tracking Toronto office occupancy; 37% of first-time buyers regret mortgage size; BIS warns on AI frenzy; CPP long-term strategy urged.
Financial Planning Strengthens Household Financial Resilience
New research shows financial planning significantly improves financial resilience for Canadians across all income levels, with households using planners scoring 13.3 points higher.
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Windsor unions protest Costco construction over out-of-province workers
Union members protested outside Windsor's future Costco on June 24, accusing the retailer of using Quebec subcontractors instead of local skilled trades workers, citing 40% unemployment among sheet metal workers.
Hotel Occupancy in Toronto Drops During World Cup
Toronto's hotel occupancy fell during the first weeks of the 2026 FIFA World Cup, according to a new report, despite the city hosting multiple matches.
Separation Uncertainty Costing Alberta Businesses
Political uncertainty over separation is costing Alberta businesses, with over 40% reporting direct impacts, including delayed projects and difficulty attracting talent, according to a new survey.
Economists cut Canada 2026 growth forecast to 0.7%
Economists slash Canada's 2026 growth forecast to 0.7% after Q1 contraction, citing U.S. trade policy and immigration slowdown. Bank of Canada rate seen at 2.25% through 2026.
Quebec's GDP Rises 0.3% in Q1 Boosted by Habs Playoff Run and F1
Quebec's real GDP grew 0.3% in Q1 2026, driven by the Montreal Canadiens playoff run and the Formula 1 Grand Prix date change, according to Statistics Canada.
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Why the Bank of Canada Should Publish Interest Rate Forecasts
The C.D. Howe Institute recommends the Bank of Canada publish interest rate forecasts and focus on headline CPI to improve public understanding of inflation policy.
Canada's Carbon Policies Offset Alberta's Tax Advantage
Jack Mintz argues that Canada's carbon taxes and emissions credits raise producers' marginal costs, offsetting Alberta's tax competitiveness for oil and gas investments.
Bank of Canada: Public Supports 2% Inflation Target
The Bank of Canada reports strong public support for the 2% inflation target, citing broad consensus among Canadians on the importance of price stability.
Canada needs both infill and outfill housing, experts say
Canada must pursue both infill and outfill development to meet housing needs, as demographics show no single approach works for all families, argue Murtaza Haider and Stephen Moranis.
Canada's Growth to Hit 0.7% in 2026, 2% in 2027: Deloitte
Canada's economic growth is projected to reach 0.7% in 2026 and rebound to 2% in 2027, according to a new Deloitte report. The forecast highlights a gradual recovery amid global uncertainties.
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Deloitte Sees Real Opportunity for Canadian Economic Growth in 2026
Deloitte Canada's summer outlook forecasts 0.7% growth in 2026, with opportunity in government investment and business confidence despite trade frictions.
Economists Warn Canada Has Data Quality Problem
Economists are raising alarms about Canada's data quality, citing gaps and delays that hinder policy decisions and economic analysis, according to a new report.
Loonie Stuck Between Slow Economy and Strong US Dollar
The Canadian dollar is under pressure from a sluggish domestic economy and a strengthening U.S. dollar, with analysts predicting further weakness.
Canadian car trips to US up 8.1% in April, first rise since Jan 2025
Canadian residents returned from 2.4 million trips to the US in April 2026, up 1.8% year-over-year, driven by an 8.1% increase in car trips, Statistics Canada reports.
Bank of Canada Unfazed by Q1 Economic Dip
Bank of Canada officials remained calm despite a surprise Q1 economic contraction, according to a report by The Canadian Press. The central bank's stance suggests confidence in underlying economic strength.
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US Stocks Edge Higher as Falling Oil Prices Ease Pressure
U.S. stocks edged higher in early trading on June 24, 2026, as falling oil prices helped relieve market pressure, according to the Associated Press.
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