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Tag Archives: economy

Canada’s economy reverses months of slow growth with 0.5 per cent boost in April

Listen to this article Estimated 3 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. Canada’s economy showed signs of rebounding by growing 0.5 per cent in April, reversing months of …

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Cuban lawmakers approve sweeping reforms to privatize vast swath of economy

Listen to this article Estimated 5 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. Cuban lawmakers unanimously approved sweeping reforms backed by the Communist Party and former leader Raúl Castro …

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Chief Mountain port of entry to open for summer season starting on May 15

Descrease article font size Increase article font size The Canada Border Services Agency says the Chief Mountain port of entry will be open for the summer season on May 15 through Sept. 30. The international border crossing is located along Highway 6 in Alberta on the boundary of Waterton Lakes …

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Spring economic statement set to be tabled by Liberals in Ottawa – National

Finance Minister François-Philippe Champagne is set to present the federal government’s spring economic statement in the House of Commons on Wednesday. April 28 is also the anniversary of the Liberals’ win in last year’s federal election. While Prime Minister Mark Carney won a minority government at the time, he now has …

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Canada’s economy adds 14,000 jobs in March after February’s whopping losses

Listen to this article Estimated 2 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. Canada’s economy added a modest 14,000 jobs in March, Statistics Canada said on Friday, clawing back …

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Why Kharg Island is key for the U.S., Iran and the world’s economy

Iran’s Kharg Island is a tiny dot in the Persian Gulf — a coral outcrop in deep waters with a long history as a trading post and, in the distant past, as a Christian community dating back to the sixth century. Fast forward to 2026, and the “Forbidden Island,” as …

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Canada’s economy saw slight growth in January with gains in mining, oil and gas

Listen to this article Estimated 3 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. Canada’s economy saw slight growth in January, as gains in goods-producing industries offset a slowdown in …

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Spike in cost of diesel threatens consumer wallets, global supply chain: experts

While the war in Iran has sent gasoline prices soaring around the world, there are growing concerns about how the spike in the cost of other fuels could also affect consumers and the broader economy. In Canada, the average price of diesel has surged to nearly $2.30 per litre — …

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Ford set to unveil 2026 Ontario budget as economy remains volatile

Listen to this article Estimated 5 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. Premier Doug Ford’s government tables its eighth budget Thursday, as Ontario’s economy faces global economic volatility …

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Trump wants to cap credit card interest at 10%. Is that good for consumers and the economy?

U.S. President Donald Trump’s proposal that credit card interest rates be capped at 10 per cent could bring short-term relief to some consumers but is likely to cause a broader credit crisis in the long run, according to experts. Earlier this month, Trump wrote on Truth Social that credit card …

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