Canadian Economy

Ottawa's Deficit Spending Needs to Stop

Sean Speer | Posted 07.29.2014 | Canada Business
Sean Speer

The federal government now appears once again poised to balance its budget after several years of deficit spending. A step backwards in the direction of borrowing and spending more would be a huge loss with little economic reward.

In Canada, How You Feel About The Economy Depends On Where You Live

CP | Julian Beltrame, The Canadian Press | Posted 07.29.2014 | Canada Business

OTTAWA - Canadians are becoming increasingly pessimistic about the economy and the availability of jobs — except those in the booming West — a new...

IMF: U.S. A Drag On Canada's Economy

CP | Julian Beltrame, The Canadian Press | Posted 07.24.2014 | Canada Business

OTTAWA - The International Monetary Fund says Canada's economy will be a little weaker this year than previously projected, although it will continue ...

Look Who's About To Replace Quebec As 2nd-Largest Economy

The Huffington Post Canada | Daniel Tencer | Posted 07.23.2014 | Canada Business

If trends continue, Alberta will have a larger economy than Quebec within three years, according to estimates from financial news service Bloomberg. ...

Canada Should Catch This Economic Wave

Peter Hall | Posted 07.17.2014 | Canada Business
Peter Hall

Canada has huge potential and great planet-wide visibility as the global investment wave builds. In the time that it takes for the wave to crest, it will be important for companies, institutions and analysts to position ourselves to catch this one as best we possibly can.

Canadian Companies Lag Global Peers In Investment: Study

CP | Julian Beltrame, The Canadian Press | Posted 07.17.2014 | Canada Business

OTTAWA - Canadian companies are falling behind rivals in the rest of the world in terms of investment, according to a new report from the C.D. Howe In...

Businesses Losing Their Oomph

CP | Julian Beltrame, The Canadian Press | Posted 07.07.2014 | Canada Business

OTTAWA - The Bank of Canada says Canadian firms are confident about future prospects and the economy — although they are still not totally sold on a...

Canada's GDP 'Disappointing' In April

HuffPost/CP | Craig Wong, The Canadian Press | Posted 06.30.2014 | Canada Business

Canada's economy grew by 0.1 per cent in April, about half the pace economists were expecting. At an annual pace, Canada's economy is on track to g...

This May Be The Scariest Chart Yet On Canada's Economy

The Huffington Post Canada | Daniel Tencer | Posted 06.05.2014 | Canada Business

StatsCan released a pretty unimpressive trade balance report on Wednesday, showing the country swinging to a $638-million trade deficit in April, from...

BoC Fears 'Downside Risks'

CP | Julian Beltrame, The Canadian Press | Posted 06.04.2014 | Canada Business

OTTAWA - The Bank of Canada is keeping its trend-setting interest rate at one per cent, saying economic conditions had worsened somewhat in the past f...

Whoa, Didn't See That Coming

CP | Julian Beltrame, The Canadian Press | Posted 07.30.2014 | Canada Business

OTTAWA - The brutal winter iced Canada's recovery to the worst growth rate in more than a year as businesses held off on investments and many other ke...

‘Canada's Economy Has No Engine'

The Huffington Post Canada | Daniel Tencer | Posted 05.09.2014 | Canada Business

If the percentage of Canadians with a job today were the same as it was before the last recession, Canada would have 665,000 more working people, acco...

How Lack Of Hockey Dragged Down Canada's GDP

HuffPost Canada/CP | The Canadian Press | Posted 06.30.2014 | Canada Business

Canada's economy grew in line with economists' expectations in February. StatsCan reported the country's GDP expanded 0.2 per cent during the month. ...

Canada's Two Economies Are Drifting Even Further Apart

CP | The Canadian Press | Posted 06.29.2014 | Canada Business

OTTAWA - A regional breakdown of economic performance suggests Canada's two economies drifted even further apart in 2013.Statistics Canada says in a n...

Canadians Can Bank On Low Interest

CP | The Canadian Press | Posted 06.24.2014 | Canada Business

SASKATOON - Canadians can expect to enjoy relatively cheap borrowing costs for some time to come — even after the economy returns to full capacity a...

Can Canadians Handle the Economic White Water Ahead?

Peter Hall | Posted 06.24.2014 | Canada
Peter Hall

Canada will see timely benefits as global trade picks up. Prospects for the domestic economy are not strong, but exports are already rising nicely. Domestic weakening should help to free up capacity for exports, which is running pretty tight in some industries. In others, there is capacity to absorb growth.

Uh Oh: BoC Lowers Forecast

CP | Julian Beltrame, The Canadian Press | Posted 06.16.2014 | Canada Business

OTTAWA - Bank of Canada governor Stephen Poloz says he has not ruled out a future cut to interest rates despite evidence disinflationary pressures app...

IMF Warns Canada On Housing, Debt

CP | Julian Beltrame, The Canadian Press | Posted 06.08.2014 | Canada Business

OTTAWA - The International Monetary Fund has again upgraded its projection for Canada's economy, but the latest outlook from the international financi...

Latest Economic Outlook Suprisingly Rosy

CP | The Canadian Press | Posted 06.07.2014 | Canada Business

OTTAWA - The latest Bank of Canada survey on business sentiment finds a decidedly more positive outlook, and that may be good news for Canadian worker...

6 Things Joe Oliver Can Do to Leave a Positive Legacy

Mark Milke | Posted 06.03.2014 | Canada Politics
Mark Milke

Every politician wants to leave a positive legacy, so here are some possibilities for the new federal Conservative finance minister, Joe Oliver. First, do no harm. This is not as easy as it sounds...

Canada Losing Its Competitive Edge, TD Bank CEO Warns

CP | Lauren Krugel, The Canadian Press | Posted 06.03.2014 | Canada Business

CALGARY - The CEO of TD Bank expressed a bullish view of the U.S. economic recovery on Thursday, while warning that Canada risks losing its competitiv...

Economy's Growth Surprises

CP | Posted 03.31.2014 | Canada Business

OTTAWA — Canada's economy rebounded sharply in January, proving the previous month's anxiety-inducing collapse was really all about the weather. ...

Seems the Fraser Institute Didn't Quite "Get" My Letter to John Kerry

Elizabeth May | Posted 05.24.2014 | Canada Politics
Elizabeth May

The HuffPost blog from the Fraser Institute's Senior Director, Natural Resource Studies, Kenneth Green, set out to make me look uninformed based on my submission to the U.S. State Department on the proposed Keystone pipeline. From his first words, it was pretty clear he didn't grasp the concept of writing a letter.

Elizabeth May's Fact Sheet Is More of an Opinion Sheet

Kenneth P. Green | Posted 05.21.2014 | Canada Politics
Kenneth P. Green

Recently, Green Party leader Elizabeth May orchestrated an open letter to United States Secretary of State John Kerry, urging the U.S. to reject the Keystone XL pipeline. In her note, Ms. May states that she sent Mr. Kerry "4 facts about Keystone XL." Unfortunately, two of Ms. May's facts aren't actually facts, and two of her facts are so lacking in context as to constitute merely factoids.

Sluggish Economy Is New Normal, Bank Of Canada Says

CP | The Canadian Press | Posted 05.19.2014 | Canada Business

HALIFAX - The loonie fell sharply Tuesday after Bank of Canada governor Stephen Poloz delivered a gloomy speech saying slow economic growth is probabl...