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Tag Archives: Economic

Freeland will give fall economic statement Nov. 21 amid affordability crunch – National

Descrease article font size Increase article font size The federal government will give an update on the country’s finances later this month, with Finance Minister Chrystia Freeland set to deliver the fall economic statement as Canadians face difficulties amid high interest rates and ongoing cost of living concerns. The fiscal …

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Ontario government set to unveil fall economic outlook

TORONTO — Ontario is set to unveil its fall economic outlook today as many in the province struggle to pay bills. Finance Minister Peter Bethlenfalvy says while there is plenty of uncertainty around the world, he is confident in Ontario’s economy. He says the province will continue with its targeted …

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Winter house-sitters’ pursuit of snowbird home highlights Ontario’s housing, economic crunch

With an offer of care, maintenance and a watchful eye on a potential client’s home, a rural Ontario couple are hoping they’ll be able to save some money and keep warm by connecting with a GTA or Hamilton-area snowbird couple. Shannon Hardy and husband Brad, who currently own a luxury …

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Business leaders optimistic about Calgary Stampede’s economic impact – Calgary

Amid the rodeo, the midway and other western parties happening across the city this week, local business leaders are touting the unique opportunity the Calgary Stampede provides to attract new investment. With the 10-day event nearing its halfway mark, there is optimism that 2023 will outpace earning records from the …

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Ontario to see higher numbers of economic immigrants under federal agreement

TORONTO — Ontario is set to double the number of economic immigrants it welcomes to the province under an agreement with the federal government to boost the Ontario Immigrant Nominee Program. The federal and provincial immigration ministers are announcing today that the province will have more than 18,000 spots under …

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Canada’s economic growth was essentially flat in Q4, StatCan says – National

Canada’s gross domestic product (GDP) was “nearly unchanged” in the last quarter of 2022, Statistics Canada said Tuesday, ending a prolonged period of economic growth. Heading into the fourth quarter of 2022, the economy had grown for five consecutive quarters. Statistics Canada also said real GDP declined by 0.1 per …

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Manitoba government economic outlook predicts improving fiscal position – Winnipeg

The Manitoba government’s economic outlook for the coming fiscal year predicts the province will outperform the rest of Canada. Economic Development Minister Jeff Wharton says economic growth is forecast at 0.9 per cent compared to 0.5 per cent nationally. That will be down from an estimated 3.6 per cent last …

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Premiers ring in 2023 with talks of economic improvement, health care, affordability – National

Premiers across the country used their New Year’s messages to emphasize everything from housing and affordability to healthy lifestyles. In his first New Year’s message as premier of British Columbia, David Eby says he’s honoured to celebrate the successes of 2022 “including the remarkable economic recovery in our province as …

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World Economic Forum official says Canada has bigger issues to discuss than conspiracy theories

A senior official with the World Economic Forum says Canada should be talking about more important things than conspiracy theories targeting his organization. Adrian Monck, managing director of the WEF, also argues that politicians espousing those theories should ask themselves whether they’re spreading disinformation coming from bad actors. “Canada should be talking about …

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Sri Lanka’s political, economic turmoil leaves millions facing a food crisis

Aid agencies are warning the health and well-being of six million Sri Lankans could be in peril as the country contends with extraordinary political upheaval and a punishing economic collapse. Ousted president Gotabaya Rajapaksa fled the country Wednesday, the day he was set to resign under intense public pressure to step …

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