Murray Wood: The day Canada Became a nation
April 9, 1917 was Easter Monday. On that date, 109 years ago, Canadian soldiers made history at Vimy Ridge. Murray Wood ...
Tag Archives: Economy
After countrywide pre-budget tour, Liberals reveal Tuesday how they'll pay for it all
OTTAWA - With Finance Minister Chrystia Freeland promising to keep the federal deficit from ballooning in Tuesday's federal budget, all eyes will be on the Liberals' plan to pay for their agenda - and...
Apr 14, 2024
Liberals say their plan to 'solve the housing crisis' will build 3.9M homes by 2031
OTTAWA - The federal Liberals have unveiled their plan to solve the housing crisis, building on recent announcements with new tax incentives, more than a billion dollars for homelessness and a country...
Apr 12, 2024
B.C. seeks to regulate electricity for cryptocurrency miners, citing huge demands
VICTORIA - British Columbia is proposing legal changes that would allow the government to regulate the supply of electricity to cryptocurrency miners. A statement from the Ministry of Energy says cryp...
Apr 11, 2024
Entry to housing market feels out of reach for 76% of non-owners: CIBC poll
TORONTO - Three in four Canadians who don't own a property say buying a home feels out of reach, a new poll shows. A CIBC survey, published Thursday, shows 76 per cent of Canadians who haven't yet ent...
Apr 11, 2024
Canada needs to build 1.3M additional homes by 2030 to close housing gap, says PBO
OTTAWA - The parliamentary budget officer says Canada would need to build 1.3 million additional homes by 2030 to eliminate the country's housing gap. The newly released report looks at how many more ...
Apr 11, 2024
Ottawa to allow 30-year amortization for first-time buyers' mortgages on new homes
TORONTO - Some advocates are praising Ottawa's move to lengthen the amortization period on insured mortgages for certain homebuyers, but say expanding the policy to all Canadians would help make home ...
Apr 11, 2024
Sask. government touts big increase in ag exports to Vietnam
The Government of Saskatchewan is touting a major increase in the value of the province's agri-food exports to Vietnam. According to the Ministry of Agriculture, Saskatchewan exported $46 million in a...
Apr 10, 2024 Non-durum wheat was the province’s largest agri-food export in 2023, growing almost 32 per cent. (650 CKOM file photo)
Bank of Canada holds key interest rate steady at five per cent
Canada's central bank is holding its key interest rate steady, but lower rates could be on the horizon. The Bank of Canada maintained its rate at five per cent on Wednesday, but governor Tiff Macklem ...
Apr 10, 2024 The Bank of Canada held its key interest rate steady on Wednesday, which wasn't a shock to economists. (650 CKOM file photo)
Two blows to B.C.'s credit status, as S&P cuts rating and Moody's turns negative
NEW YORK - British Columbia's credit status took a double blow on Tuesday, with S&P downgrading the province due to the risk of "outsize" deficits, and Moody's turning its outlook negative. S&...
Apr 09, 2024
Freeland doesn't rule out new taxes on wealthy or corporate Canada in budget
OTTAWA - Finance Minister Chrystia Freeland has ruled out raising taxes on the middle class in the upcoming federal budget - but won't say if corporations or the wealthy are in for the same treatment....
Apr 09, 2024
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OPINION
Sarah Mills: The prime minister needs to live by his own bilingual rules
Sarah Mills says Mark Carney largely speaking French in his call to astronaut Jeremy Hansen breaks a standard he set whe...
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TODAY ON EVAN BRAY
The Evan Bray Show - Thursday, April 9
On Thursday's show, Evan welcomes a trio of teens to discuss banning social media for children and teenagers, discusses ...
