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Tag Archives: Spending

‘No austerity,’ despite bigger deficit due to spending on Quebec teachers: Legault

Premier François Legault said Sunday the ramp-up in spending on education pledged by his government will go a long way to supporting Quebec’s teachers and students — and prompt a bigger budget deficit. At a news conference, Legault said agreements recently hammered out with unions will see the province “invest …

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Manitoba Liberal platform contains new spending, higher taxes for some people – Winnipeg

By The Staff The Canadian Press Posted September 6, 2023 3:11 pm Updated September 6, 2023 10:25 pm Descrease article font size Increase article font size The Manitoba Liberal Party has released its full campaign platform, which includes roughly $1 billion in new spending and higher taxes for some income …

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‘Tough all over’: Canadian parents rein in back-to-school spending

Descrease article font size Increase article font size Canadian consumers have grown increasingly vigilant about getting the biggest bang for their buck, and that extends to back-to-school shopping. A recent survey by Deloitte suggests that the cost of school supplies has risen by 24 per cent. The firm anticipates parents …

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Does high government spending fuel inflation? Economists says ‘it’s more complicated’ – National

Conservative Leader Pierre Poilievre’s attempt to block the federal government’s budget bill from passing earlier this month is the latest example of government spending coming under scrutiny amid high inflation. And while most fiscal experts agree that government spending can fuel inflation, economic research suggests the link between the two …

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Canada leading most countries in retail sales. Why is spending so high? – National

Retail sales growth in Canada is continuing to outperform much of the world so far this year, a sign of the ongoing resiliency of Canadian shoppers despite higher inflation and recession predictions, a new report has found. The Colliers 2023 Retail Outlook said consumers are still spending, even though retail …

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Ontario’s top court strikes down third party election ad spending rules

Ontario’s top court has struck down third-party election advertising rules introduced by Premier Doug Ford‘s government as unconstitutional, though the province quickly indicated an appeal is in the works. Before 2021, third parties were allowed to spend up to $600,000 on advertising in the six months before an election call, …

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More spending, affordability measures coming in pre-election Manitoba budget – Winnipeg

Manitoba’s Progressive Conservative government has signalled that it will loosen its purse strings in the provincial budget Tuesday — its last fiscal plan before a provincial election scheduled for Oct. 3. With the economy recovering from the depths of the COVID-19 pandemic and higher transfer payments coming from the federal …

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NDP critic calls for new Hockey Canada audit following claims of high-flying spending

NDP MP Peter Julian is pressing Minister of Sport Pascale St-Onge to order a new federal audit of Hockey Canada’s finances over the past six years in response to allegations that the sports body’s directors availed themselves of high-cost hotels, dinners and jewelry.  Julian sent a letter to St-Onge on Tuesday regarding what he …

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Inflation’s hit to consumer spending power means retailers may refocus on the low end

When the Hudson’s Bay Co. announced last week that it was jolting Zellers back from the dead, many former shoppers were moved to share fond memories of the discount chain. From old-fashioned Coke bottles to retro kitchen products, retailers know that nostalgia can sell. To the extent that some Canadians find themselves yearning …

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Slowing inflation does not mean you get your spending power back

Investors in financial markets were ecstatic when the latest inflation data seemed to show that rising prices in the United States had peaked. While business journalists often imply that increasing share values are a universally good omen, it is not clear that many Canadian working people, especially those who don’t …

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