Tag Archives: Economic

Listen to this article Estimated 4 minutes The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. Ukrainian President Volodymyr Zelenskyy has appointed Liberal MP Chrystia Freeland as an economic development adviser, citing …

Ottawa will favour the pitch that creates the most Canadian jobs when it decides whether to award a contract for a dozen new submarines to a German or a South Korean consortium, the government’s point person for military procurement says. The comments from Liberal MP Stephen Fuhr highlight the Carney …

China has announced a barrage of measures meant to counter the blow to its economy from U.S. President Donald Trump’s trade war, as the two sides prepare for talks later this week. Beijing’s central bank governor and other top financial officials outlined plans Wednesday to cut interest rates and reduce bank reserve requirements …

Stocks? Down. The U.S. dollar? Same. Demand for U.S. bonds? Also sinking. This isn’t supposed to happen — not all three at once. But Barry Eichengreen sees a historic reaction where there’s really one common theme: a collapse in faith in the United States. “Global investors have concluded that there …

First-time voter attended rallies for both Poilievre and Carney Amour Baza will turn 18 just in time to vote in the federal election. Baza speaks to the CBC’s Marina Von Stackelberg about attending both Liberal Leader Mark Carney’s and Conservative Party Leader Pierre Poilievre’s rallies. Baza says he is still …

The federal government unveils its long-awaited fall economic statement today — putting to rest weeks of speculation about a higher-than-projected deficit and the potential failure of other fiscal “anchors” Ottawa claimed would keep its budget on track. Just last spring, in her Budget 2024 speech, Finance Minister and Deputy Prime Minister …

Conservative Leader Pierre Poilievre said Wednesday it’s time for Finance Minister Chrystia Freeland to present a fall economic statement to reveal the state of the country’s finances. The economic statement, known in political circles as the FES, is a mini-budget of sorts typically tabled in November — it’s only been …

The amount of money it takes for people to earn a living wage has increased across the province, according to a new report from the Canadian Centre for Policy Alternatives (CCPA).  In Metro Vancouver, the living wage is $27.05 an hour, up 5.3 per cent compared to the 2023 report. The …

The cement floors are painted green because the colour is soothing, an Italian official explains, as he ushers a small group of journalists, including from CBC News, around the first extraterritorial migrant camp in Albania. The bleak steel and concrete structure, erected in a defunct airbase on rocky terrain near …

Inflation is back at the coveted two per cent annual rate. Wage hikes have outpaced inflation for 19 months in a row. The Bank of Canada is three rate cuts into an easing cycle, with no signs of stopping anytime soon. The recent run of positive economic news had the …