Thursday, April 18, 2024
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...
Finance Minister Chyrstia Freeland will not present the 2024 budget until early spring but as early as last July the federal government has been actively seeking input from Canadians on that budget's major themes. Indeed, internal government polls obtained by Global News,...
OTTAWA — Finance Minister Chrystia Freeland has approved RBC's $13.5-billion takeover of HSBC Canada, despite calls from opposition politicians and other groups to block it over concerns of reduced competition. Freeland's approval was the last hurdle for the deal after...
TORONTO — Five things to watch for in the Canadian business world in the coming week: Household debt Statistics Canada will release its third-quarter national balance sheet and financial flow accounts figures on Wednesday. The report will include the latest reading...
OTTAWA — Liberals and New Democrats appear to be inching closer to an agreement on proposed pharmacare legislation, but a national drug plan may be farther out of reach than ever after this week's federal fiscal update. The Liberals promised...
OTTAWA — Almost half of the Canada Growth Fund for clean technology investments will be allocated to special contracts intended to give companies the confidence they need to make major investments to lower their greenhouse-gas emissions. Finance Minister Chrystia Freeland...
OTTAWA — The federal government recorded a budgetary deficit of $8.2 billion between April and September, $3.9 billion of which was in September. The finance department says in its monthly fiscal monitor that the deficit between April and September compared...
If your parents are homeowners, you’re twice as likely to own a home as those without a generational stake in the housing market, according to a new Statistics Canada analysis on the impact of the “Bank of Mom and...
Prime Minister Justin Trudeau’s Liberal government faces pressures from two ends heading into Tuesday's fall economic statement. On one end, multiple recent polls show the three-term government's popularity sliding in the eyes of voters as opposition parties land attacks on...
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