Mark Carney's Unfulfilled Promises: Canada's Economic Woes
A year into his tenure, Prime Minister Mark Carney's economic pledges remain unmet as Canada faces worsening fiscal health, declining competitiveness, and stalled critical projects.
Category : Economic Indicators
U.S. Recession Risk Rises with Iran War Oil Price Spike
Moody's Analytics warns a U.S. recession would be 'difficult to avoid' if elevated oil prices persist due to the Iran conflict, with global growth forecasts downgraded.
Economist: Iran War to Keep Prices High for Years
Henrietta Treyz predicts sustained high prices from the Iran war, with oil disruptions causing economic ripple effects across sectors like travel and food for over 200 days.
Saskatchewan Economy Deemed Resilient by Credit Agency
A major credit ratings agency has highlighted Saskatchewan's economic resilience, citing stability from the 2026 budget with tax incentives and low small business rates.
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Sask. Finance Minister Talks Budget with Saskatoon Business Community
Saskatchewan Finance Minister Jim Reiter addressed the Saskatoon Chamber of Commerce about the provincial budget, highlighting cautious oil price projections and the economic impacts of rising oil prices and Canadian dollar.
Atlantic Canada Businesses to Raise Prices: Survey
A new survey reveals that more than half of businesses in Atlantic Canada intend to increase prices in 2026, citing rising costs and economic pressures as key drivers.
AI Cannot Outperform Markets: Economic Complexity Defies Computation
Despite advances in artificial intelligence, the economy remains a complex discovery process that cannot be reduced to equations. Historical economic insights reveal why markets outperform computational planning.
Population Decline and Western Migration Reshape Canada
Canada's population declined by 0.2% in early 2026, with significant internal migration to Alberta and B.C. altering political representation while net emigration threatens economic growth potential.
Big Government Stifles Canadian Economic Growth: Study
A new Fraser Institute report reveals government spending has ballooned to 43.6% of GDP, far exceeding optimal levels and hampering economic growth across provinces.
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Sask. Budget Criticized, Oil Revenue Could Narrow Deficit Gap
The Saskatchewan government's 2026-27 budget projects an $819 million deficit, drawing criticism from tax advocates. An economist highlights potential oil revenue gains from global market volatility.
Gas Prices May Hit $2/Litre, Turbocharging Food Costs This Summer
An analyst predicts gas prices could surge to $2 per litre this summer, significantly increasing transportation costs and driving up food prices across Canada.
Quebec Budget 2026: Financial Relief Measures
The Quebec budget for 2026 introduces several initiatives aimed at easing financial pressures for residents, including tax credits and support programs.
Gas Price Surge Squeezes Workers Amid U.S.-Iran Conflict
Gasoline prices have surged over $1 per gallon in less than a month, driven by U.S.-Iran tensions, impacting delivery drivers and commuters nationwide with ripple effects on the economy.
Canada's Population Declines for First Time Since Confederation
Canada's population has fallen annually for the first time since Confederation, with a 100,000 drop driven by reduced immigration and negative birth rates, impacting economic forecasts.
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Fox Host Alarmed by Inflation Spike, Warns of Worse March
Fox Business host Taylor Riggs expressed deep concern over February's inflation data, which rose 0.7% versus the expected 0.3%, warning that March is likely to be even worse.
Lethbridge Inflation Rises with Gas Prices Amid Iran War
Lethbridge residents are bracing for wider inflation impacts as escalating gas prices, driven by the Iran war, strain household budgets and local projects.
Quebec Budget: Fuel Price Spike Expected Short-Lived
Quebec's latest budget forecasts a brief fuel price increase, with Finance Minister Eric Girard emphasizing economic stability measures amid global uncertainties.
Quebec Budget: More Business Money, Hospital Funds as Deficit Drops
Quebec's 2026-27 budget allocates billions to businesses, hospitals, and transit while reducing the deficit. Finance Minister Eric Girard projects balanced budgets by 2029-30 amid economic optimism.
Saskatchewan Projects $819.4M Deficit in 2026-27 Budget
The Saskatchewan government forecasts a $819.4 million deficit for 2026-27, shifting from a surplus, with key figures on revenue, expenses, and sector allocations.
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Canada's Population Dips in Q4 2026 Amid Non-Permanent Resident Decline
Statistics Canada reports a 0.2% population decrease in the fourth quarter of 2026, driven by a significant drop in non-permanent residents, marking a notable demographic shift.
U.S. Producer Prices Jump 3.4%, Highest in a Year
U.S. producer prices rose by a surprisingly strong 3.4% last month, the largest annual increase in a year, signaling persistent inflationary pressures.
Saskatchewan Projects $1.3B Deficit in 2026-27 Budget
The Saskatchewan government forecasts a $1.3 billion deficit for the 2026-27 fiscal year, driven by lower resource revenues and increased spending on healthcare and education.
Oil Shock Hits Canadian Wallets Harder Than Past Decades
Edmonton economist Dr. Subhadip Ghosh explains why current oil price spikes are more damaging to Canadian consumers than historical highs, despite benefits to Alberta's energy sector.
Cuba Blackout Exposes Economic Crisis, Rubio Demands New Leadership
A major blackout in Cuba underscores the nation's deepening economic turmoil, with U.S. Senator Marco Rubio urging for new leadership amid ongoing power struggles and infrastructure failures.
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Lowest Gas Price Provinces Complain Most About Financial Strain
A new Angus Reid Institute poll shows residents of Alberta, Saskatchewan, and Manitoba report the greatest financial impact from elevated gas prices despite paying less at the pump than other provinces.
How Doug Ford Could Achieve a Balanced Budget in Ontario
Analysis explores Ontario's persistent budget deficits and Premier Doug Ford's opportunity to break the cycle with a balanced budget in 2026-27, requiring modest spending adjustments.
Canada's Food Inflation Slows but Still Tops G7
Canada's food inflation eased to 5.4% in February 2026, yet it remains the highest among G7 countries. Key drivers include beef, pork, and poultry price hikes, while wage growth lags behind grocery costs.
Canada's Food Inflation Slows but Stays Highest in G7
Canada's food inflation eased to 5.4% in February 2026, down from 7.3%, yet it remains the highest among G7 nations, with beef and chicken prices surging and wages lagging behind grocery costs.
Sri Lanka Adopts Four-Day Work Week Over War Fears
Sri Lanka announces a shift to a four-day work week as the government addresses economic and social strains from ongoing conflict, aiming to boost productivity and morale.
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Inflation Spike Feared After February Dip, Iran War Cited
Canada's inflation rate slowed in February, but economists warn a spike is imminent due to the Iran conflict disrupting global energy markets and supply chains.
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