Monday, March 18, 2024
BERLIN (AP) — When Sabine Thonke joined a recent demonstration in Berlin against Germany's far-right party, it was the first time in years she felt hopeful that the growing power of the extremists in her country could be stopped. Thonke,...
TORONTO — A report commissioned by the Canadian Lenders Association estimates that lowering the maximum interest rate could lead to the loss of tens of thousands of jobs and billions of dollars in GDP. The Ernst & Young LLP report...
The Liberal government is facing a tough fiscal position heading into the 2024 budget, according to new projections from the Parliamentary Budget Officer. Ottawa is simultaneously dealing with rising debt costs and a slowing economy, both of which are fuelled by...
The Bank of Canada’s next rate-setting verdict is just six days away. Wake me up if something happens. Borrowers should prepare for a whole bunch of nothing — at least when it comes to mortgage rates . The Bank of Canada remains in wait-and-see...
OTTAWA — The federal government will repurpose $10.5 billion over the next three years from the budgets of 69 departments, agencies and Crown corporations, Treasury Board President Anita Anand said Thursday. The top-line numbers laying out which departments found savings...
OTTAWA (Reuters) -The Canadian government will prioritize creating the economic conditions in its next budget to allow for interest rates to come down from a 22-year high of 5%, Finance Minister Chrystia Freeland said on Tuesday. "We definitely are conscious...
Innovation, Science and Industry Minister François-Philippe Champagne is calling on the Competition Bureau to use its new powers to take another look at the cost of groceries in Canada. Last June, the bureau released a report that said Canada's grocery sector...
OTTAWA — Industry Minister François-Philippe Champagne says federal corporations are now required to file beneficial ownership information with Corporations Canada and that some of this information will be made available publicly. The change is part of the government's move to...
OTTAWA — Federal cabinet ministers meeting in Montreal next week to prepare for the upcoming parliamentary sitting will be told that they simply cannot be too bold when it comes to solving Canada's housing crisis or preparing for the...
Canadians feeling like they weren’t as productive as they could’ve been in 2023 can take solace. Neither was Canada’s economy. Labour productivity — a broad measure of real gross domestic product by hours worked across the economy — has declined nationally in...