Canada’s inflation rises to a 29-month high in May as gasoline prices surge amid Iran conflict
Category: Economy
Posted inPolitics & Policy
Head of Canada’s top bank says U.S. trade deal too crucial to ‘cancel’
RBC CEO Dave McKay says the CUSMA remains too important for Canada, Mexico and the United States to abandon
Posted inEconomy
Central bank holds key interest rate steady as Canadian economy struggles
The Bank of Canada keeps its key interest rate unchanged at 2.25 per cent amid economic uncertainty
Posted inEconomy
Canada sees surprise jobs hike, unemployment rate drops
Unexpected hiring surge offers a rare bright spot for the economy, though recession fears and trade uncertainty persist
Posted inConsumer
Air Canada suspends Cuba operations ‘indefinitely’
Canadians made up a key portion of Cuba’s tourism sector, but that revenue has dried up as Washington has cut off fuel supplies
Posted inPolitics & Policy
Is Carney’s foreign investment push in Canada’s best interests?
Ottawa wants to make Canada a ‘premium destination’ for foreign direct investment. Some economists warn FDI is not an ‘unalloyed good’
Posted inPolitics & Policy
China defends subsidies after OECD report alleging unfair edge
China says its companies succeed through competition and innovation, not state subsidies
Posted inPolitics & Policy
Carney under fire as Canada economy contracts
Canada lost 112,000 jobs in the first quarter of 2026, a figure not seen since the start of the pandemic; some say this signals a recession
Posted inPolitics & Policy
EU to bolster trade defence tools against China: report
EU officials say trade measures are needed to protect European industries from unfair competition
Posted inPolitics & Policy
Carney backs ‘fortress North America’ ahead of U.S. trade talks
Canada wants freer trade with the United States while expanding exports beyond its southern neighbour