Will Canada's Technical Recession Force Rate Cut?
Canada's GDP unexpectedly contracted for a second consecutive quarter, sparking recession talks. Economists weigh in on whether the Bank of Canada will cut rates.
Category : Economic Policy
Canada Enters Technical Recession as Economy Stalls in Q1
Canada slips into a technical recession as the economy stalls in the first quarter, while the S&P/TSX composite rises over 100 points and U.S. markets also gain.
Canada Enters Technical Recession as GDP Growth Stalls
Canada has entered a technical recession after two consecutive quarters of negative real GDP growth, with the economy contracting in Q1 2026.
Canada's GDP Falls 0.2% in Q1 2026, Recession Looms
Canada's GDP unexpectedly contracted 0.2% in Q1 2026, marking a second consecutive quarterly decline and meeting the technical definition of a recession.
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Ford's Buy Ontario Act Risks Healthcare and Trade Relations
Ontario's Buy Ontario Act forces public sector to prioritize local goods, risking healthcare costs and shortages. Expert argues protectionism harms trade and medical device supply.
Taxes Linked to Canadian NHL Teams' Cup Drought
A new report from the Montreal Economic Institute suggests high personal income taxes in Canada put NHL teams at a disadvantage, contributing to the 30-year Stanley Cup drought for Canadian teams.
Albertans' frustrations as Canada's cash cow are legitimate
Columnist Lorrie Goldstein argues that Albertans' grievances over federal policies and disproportionate contributions are valid, urging recognition ahead of the 2026 referendum.
Carney Avoids Trump, Annoys US Trade Partners
Prime Minister Mark Carney heads to New York to promote investment but avoids engaging with the Trump administration, while pushing policies that frustrate US trade partners.
Manitoba MLAs Pull All-Nighter Over Budget Bill
Manitoba politicians debated through the night on a budget bill that includes a food tax cut, sparking intense discussions and political maneuvering.
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Debt Is Collapsing Civilization, Whether from Carney or Trump
John Robson argues that mounting debt under leaders like Carney and Trump is driving civilization toward collapse, while politicians focus on trivialities.
Canada's Government Debt Hits $2.44 Trillion
A new Fraser Institute report reveals combined federal and provincial debt has nearly doubled since 2007-08, reaching $2.44 trillion, with no balanced budget plans in sight.
JARVIS: Toronto mayoral hopefuls must fight for taxpayers
Noah Jarvis argues that Toronto mayoral candidates must commit to cutting taxes, as decades of steep hikes have made the city unaffordable for families.
Canada's World Cup: Billion-Dollar Taxpayer Bill
The cost of hosting the 2026 FIFA World Cup in Canada has ballooned to over $1 billion for taxpayers, with critics decrying a one-sided deal that benefits FIFA.
Quebec Premier Open to Exceeding $250M Budget
Quebec Premier François Legault has not ruled out exceeding the $250 million budget for a new project, citing potential economic benefits and job creation.
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UAE, Saudis, Qatar Urge Trump Not to Restart Iran War
Gulf states fear retaliation if hostilities resume, push for diplomatic deal after costly Iran conflict.
Inflation Data Buys Bank of Canada Time: Desjardins
Randall Bartlett of Desjardins explains how lower-than-expected inflation gives the Bank of Canada leeway to maintain interest rates longer.
EU Agrees to US Trade Pact After Trump Threats
The European Union has agreed to implement a trade pact with the United States following threats from President Donald Trump, marking a significant breakthrough in transatlantic relations.
G7 Finance Chiefs Face Enduring Inflation and Bond Yields
Global finance ministers at the G7 meeting in Paris confront persistent inflation and high bond yields, with the Iran war and energy shock complicating monetary policy.
Politicians Struggle to Lower Grocery Bills Amid Tensions
Efforts to reduce grocery prices face economic hurdles, as experts warn policies may cause more harm than good. Rising costs like coriander highlight the challenge.
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Panel: Quebec Energy Deal Not Enough for Newfoundland
An independent panel has concluded that the proposed energy deal with Quebec is not favorable for Newfoundland and Labrador, citing inadequate benefits for the province.
Philip Cross: Slow Economic Growth Risks Canada's Future
Canada's economic growth lags the U.S., with falling incomes and declining business investment, while the U.S. surges ahead in AI and technology spending.
Moe to Scrutinize Alberta Carbon Pricing Deal
Saskatchewan Premier Scott Moe says he will review Alberta's carbon pricing deal with Ottawa to ensure it doesn't put Saskatchewan at a competitive disadvantage, as the agreement opens pathways for a new oil pipeline.
Alberta, Ottawa to Unveil Pipeline Pact and Carbon Tax Plan
Prime Minister Carney and Premier Smith will announce a deal for a new oil pipeline in exchange for Alberta raising its industrial carbon tax to $130 per tonne by 2040.
Bill C-262 Targets Interprovincial Alcohol Shipping Ban
Conservative MP Dan Albas introduces Bill C-262 to allow Canada Post to ship beer, wine, and spirits across Canada, breaking down trade barriers.
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Should Alberta's Time Change Be a Referendum Question?
Alberta considers ending clock changes. The ski industry and public debate suggest a referendum on permanent time may be needed.
Why Joining the EU Would Harm Canadian Sovereignty
Opinion: Pursuing EU membership would burden Canada with costly regulations and undermine its economic flexibility, offering little benefit over existing trade deals.
Higher business taxes cost Canada more than they raise
A new Fraser Institute study finds that raising corporate income taxes costs Canadian economies more in lost activity than revenue gained, with B.C. hit hardest.
Bank of Canada Flags Iran War, US Trade Policies as Risks
The Bank of Canada cites uncertainty from energy price shocks and US tariffs as key concerns for the economic outlook, with rates held at 2.25%.
Ottawa Allocates $68B for Alberta Workers Hit by Tariffs
The federal government announces $68 billion in support for Alberta workers affected by U.S. tariffs, with MP Patty Hajdu detailing workforce development measures.
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Trump's China Visit Threatens Carney's Trade Diversification
As Trump meets Xi in Beijing, Canada watches closely. Any thaw in US-China relations could undermine Carney's efforts to diversify Canadian exports, experts warn.
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