Relations had deteriorated following Canadian accusations that New Delhi was involved in the 2023 assassination of a Canadian Sikh leader
Category: Economy
Posted inEconomy
UAE says will invest up to $50 billion in Canada
UAE will invest in AI, mining and energy in Canada; UAE also recently pledged to pump $1.4 trillion into the U.S. economy over the next 10 years
Posted inPolitics & Policy
‘Still a pulse?’: The uncertain status of internal trade reform
Some provinces have made strides in reducing internal trade barriers. But sources are wondering whether there is still momentum to create a single economy
Posted inDispatches
Public sector’s size is up, output down: report
About a fifth of all Canadian employees now work for the government — and their productivity is falling
Posted inAFP
U.S. Supreme Court appears skeptical of Trump tariff legality
Court is considering use of emergency powers to impose tariffs on U.S. trade partners, as well as levies on Mexico, Canada and China for their alleged roles in illicit drug flows
Posted inEconomy
Bank of Canada cuts lending rate to boost economy ‘weakened’ by Trump
The second straight rate cut by the central bank comes amidst growing uncertainty about Canada’s economic relationship with the U.S.
Posted inEconomy
Norway’s wealth tax drove out the rich without breaking the bank
Revenue from the wealth tax is increasing, even though 300 multimillionaires and billionaires have left the country by 2024
Posted inEconomy
Global trade system risks coming off the rails
Global debt is $102 trillion with 3.4 billion people living in countries that spend more on debt servicing than on health or education: UN
Posted inEconomy
Canada inflation ticks up, Carney says U.S. trade talks ‘intensive’
The increase was above expectations, driven largely by grocery prices which were four per cent higher in September compared to last year
Posted inEconomy
In conversation: How Canada can reduce its reliance on the U.S.
The energy sector’s future depends less on Washington than on Canada’s own ability to build, diversify and compete, says energy strategist Lance Mortlock