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Tag Archives:
Economy
Bank of Canada holds key rate at 2.75% as economy shows resilience to tariffs
OTTAWA - The Bank of Canada is holding its benchmark interest rate steady at 2.75 per cent for a third straight decision as the central bank grapples with tariff uncertainty. The central bank says the...
The Canadian Press
Jul 30, 2025
The Bank of Canada is seen in Ottawa, on Wednesday, April 16, 2025. THE CANADIAN PRESS/Justin Tang
Tax data suggests lethal Canadian arms still being exported to Israel
OTTAWA - Israeli customs data suggests lethal Canadian arms are still being exported regularly to Israel, despite Ottawa's claim that it has halted such shipments. "Canadian military products are deep...
The Canadian Press
Jul 29, 2025
Quebec auditor general investigating subsidies to embattled electric battery industry
QUBEC - The office of Quebec's auditor general says it is investigating the millions of dollars in subsidies given by the province to the electric battery industry. Major players in the sector have co...
The Canadian Press
Jul 29, 2025
Free trade carveouts key in potential deal between U.S. and Canada: business groups
Business leaders and academics say they hope to see Canada and the U.S. maintain free trade protections for most goods once an agreement is reached, even if the negotiations can't stave off certain se...
The Canadian Press
Jul 29, 2025
Provincial deficits to narrow in coming years despite trade war: Report
OTTAWA - Under pressure from the U.S. trade war and a slowing economy, Canada's provinces are all expected to run fiscal deficits this year - but a Conference Board of Canada report predicts those def...
The Canadian Press
Jul 29, 2025
The Conference Board of Canada expects provincial budgets to trim their deficits in the coming years. Ontario Premier Doug Ford, top centre, speaks during the meeting of Canada’s premiers in Huntsville, Ont., on Wednesday, July 23, 2025. THE CANADIAN PRESS/Nathan Denette
'Pierre's riding to lose': Candidates in Alberta byelection get together for debate
CAMROSE - Pierre Poilievre was greeted with cheers and applause by the hundreds of Albertans who showed up to watch a two-and-a-half-hour political debate on a sunny Tuesday evening in July. The Camro...
The Canadian Press
Jul 29, 2025
Harper says Carney team sought his trade advice, suggests looking outside U.S.
OTTAWA - Former prime minister Stephen Harper said Monday he's urging Ottawa to find new trading partners outside the United States. "I think it's fair to say I'm probably the most pro-American prime ...
The Canadian Press
Jul 28, 2025
Ottawa cuts Confederation Bridge tolls, ferry fares in Atlantic Canada
ALBANY, PRINCE EDWARD ISLAND - Tolls on the Confederation Bridge linking Prince Edward Island to Canada's mainland will drop sharply starting Aug. 1, along with several other Atlantic travel fees, the...
The Canadian Press
Jul 28, 2025
As Trump's trade deal deadline approaches, his tariffs face legal pushback
WASHINGTON - Donald Trump's plan to realign global trade faces its latest legal barrier this week in a federal appeals court - and Canada is bracing for the U.S. president to follow through on his thr...
The Canadian Press
Jul 27, 2025
President Donald Trump speaks during an event to announce new tariffs in the Rose Garden at the White House, Wednesday, April 2, 2025, in Washington. (AP Photo/Mark Schiefelbein)
Alberta immigrants say seeing an uptick in anger, rise of racist narratives
EDMONTON - Alberta resident Shamaila Akram says she can handle the increase in racial slurs and derogatory comments being thrown at her, but she worries about her newcomer and immigrant clients. As de...
The Canadian Press
Jul 26, 2025
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