Canadian Economy

Bank Of Canada Says Wildfires Did A Number On Economy

CP | Craig Wong, The Canadian Press | Posted 05.25.2016 | Canada Business

But a big rebound is expected for later this year.

Canada's Economy Shrinking Right Now, Economists Warn

The Huffington Post Canada | Daniel Tencer | Posted 05.24.2016 | Canada Business

But a rebound is expected in the third quarter.

StatsCan Has Nothing But Bad News For Canada's Economy Right Now

CP | Craig Wong | Posted 05.20.2016 | Canada Business

Retail is down. Manufacturing is down. You know what's up though? Inflation...

Canada Passed ‘Peak Optimism' This Week: TD Securities

The Huffington Post Canada | Daniel Tencer | Posted 05.05.2016 | Canada Business

The loonie at 80 cents U.S.? That was never going to last.

Canada's Economy Shrinks Again

The Huffington Post Canada | Daniel Tencer | Posted 04.29.2016 | Canada Business

The services sector is growing. The goods-producing sector, not so much.

$30 Oil Better Than $40 Oil In Canada's 'Twilight Zone' Economy

The Huffington Post Canada | Daniel Tencer | Posted 04.15.2016 | Canada Business

We'd be better of with lower oil prices and a lower loonie, CIBC says.

IMF Sees Worse Times Ahead For Canada

CP | David Paddon, The Canadian Press | Posted 04.12.2016 | Canada Business

TORONTO — The International Monetary Fund is lowering its economic growth projections for Canada and the world. Slowing growth in global oil export...

Canada's Economy Is Killing It But Good Times Won't Last: Analysts

The Huffington Post Canada | Jesse Ferreras | Posted 04.11.2016 | Canada Business

The growth is "likely to prove unsustainable."

‘Oil-Shocked' Canada Is Beating The U.S. Hands Down: CIBC

The Huffington Post Canada | Daniel Tencer | Posted 04.04.2016 | Canada Business

“Some are questioning whether Canada really needed that fiscal stimulus after all.”

Canada's Economy Smashes All Expectations In January

The Huffington Post Canada | Daniel Tencer | Posted 03.31.2016 | Canada Business

"2016 is off to a roaring start."

Will Liberals' $100 Billion In New Debt Really Help The Economy?

CP | The Canadian Press | Posted 03.22.2016 | Canada Business

No timeline in budget for when deficits will end.

It's Time To Put Government Pension Bridge Benefits In The Past

Dan Kelly | Posted 03.08.2016 | Canada Politics
Dan Kelly

Ordinarily Canadians who retire before age 65 and choose to draw CPP early receive reduced benefits for the rest of their lives. That makes sense as they will not have paid in as much in premiums. The bridge benefit allows many government workers to claim their full pension early, penalty-free. If this seems rather unfair, that's because it is.

Canada Has An Innovation Problem

Mehrdad Loghmani | Posted 03.04.2016 | Canada Business
Mehrdad Loghmani

Canada is a vast country with ample resources, however political and economic machinery in this country are not open enough to create true and genuine marketplace for disruptive ideas. Cultural, artistic and intellectual innovation form the foundation of innovative economies. No nation can stay competitive and economically advanced while stagnating culturally and intellectually. Innovation requires taking risk and being open to new ideas. The biggest obstacles in the way of innovation in Canada are regressive and closed institutions.

Manufacturing Sees First Annual Drop Since Financial Crisis

CP | The Canadian Press | Posted 02.16.2016 | Canada Business

Managed to eke out a gain in December.

B.C. + Alberta = BFF, Clark Says

CP | The Canadian Press | Posted 02.11.2016 | Canada British Columbia

"When Alberta struggles, we all struggle."

The Winners And Losers In Canada's Post-Oil Crash Economy

The Huffington Post Canada | Daniel Tencer | Posted 02.11.2016 | Canada Business

Canada's manufacturers aren't ready for the new reality.

The Falling Loonie: Who's Winning and Who's Losing

Natasha Koifman | Posted 02.02.2016 | Canada Business
Natasha Koifman

Here is a non-economist's attempt to explain the reasons behind the current value of the loonie. If nothing else, this article will help to make it easy for people to digest and understand why we are here... and perhaps even bring to light some of the benefits of our dollar being so low.

Canada Must Get Behind The TPP Now Or Risk Being Left Behind

Carlo Dade | Posted 01.29.2016 | Canada Business
Carlo Dade

Should Canada not ratify the agreement now and decide to try and join later, it's doubtful that any of the probably hundreds of exemptions and carve-outs that it currently has would be offered again. In other words, if you don't like this version of the TPP you'll be less happy with what we would get later.

Nearly Half Of Canada's Industries Are Shrinking

The Huffington Post Canada | Daniel Tencer | Posted 01.29.2016 | Canada Business

Canada's economy hasn't grown in a year.

Trudeau Shows Worrying Disregard For Canada's Economic Diversity

Erin O'Toole | Posted 01.28.2016 | Canada Politics
Erin O'Toole

The role of the Canadian government in both the short and long term should be to embrace and foster the growth of all parts of our diverse economy. The government should certainly not champion some sectors and demoralize others. Sadly, we have already started to see that approach by the Trudeau government.

'We May Now Be Overdosing On Pessimism,' CIBC Says

CP | The Canadian Press | Posted 01.28.2016 | Canada Business

Downgrades Canada's economic outlook for second time in weeks.

Paris Changed Everything, So Why Are We Still Talking Pipelines?

David Suzuki | Posted 01.27.2016 | Canada
David Suzuki

With the December Paris climate agreement, leaders and experts from around the world showed they overwhelmingly accept that human-caused climate change is real and the need to curb emissions. In light of this, I don't get the current brouhaha over Kinder Morgan, Keystone XL, Northern Gateway or the Energy East pipelines.

4 Factors That Will Determine Canada's Real Estate Market In 2016

The Team | Posted 01.22.2016 | Canada Business
The Team

The Loonie is the lowest it has been in 15 years, a barrel of gas is trading for less than $30 -- compare these factors against the rising U.S. greenback and you get one gloomy economic forecast. However, there is one section of our economy that seems to be unaffected, as real estate is showing little signs of slowing down.

A Canadian Steel Industry Is Vital for Our 21st-Century Economy

Marty Warren | Posted 01.19.2016 | Canada Business
Marty Warren

Steel manufacturing in Canada is a $14-billion-per-year industry that currently supports 20,000 direct jobs, with another 100,000 indirect jobs tied to the sector. Tens of thousands of steel industry retirees rely on the continued viability of their pension plans for a dignified retirement and protection from dire poverty.

Bank Of Canada: We're Just Going To Have To Ride This Out

CP | The Canadian Press | Posted 01.07.2016 | Canada Business

No simple policy response will fix Canada's economic problems, Poloz says.