Canadian Economy

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.

5 Things To Know About The Low Canadian Dollar

CP | The Canadian Press | Posted 01.06.2016 | Canada Business

The falling dollar impacts everything from grocery prices to travel and tourism.

Canada's Big Bank Economists Sound Nervous About 2016

CP | Peter Henderson, The Canadian Press | Posted 01.05.2016 | Canada Business

The last quarter of 2015 may have seen no growth at all.

Preferred Shares Remain An Attractive Long-Term Investment

Norman Levine | Posted 01.04.2016 | Canada Business
Norman Levine

We see the preferred share shakeout as a great buying opportunity, particularly among rate-reset preferreds -- especially those that have a rate reset of at least two years into the future -- as their plunge in prices has made their yields attractive and there is significant potential for capital gains if and when Canadian interest rates do begin to rise.

Canadians Less Confident In Finances Heading Into 2016: Poll

CP | The Canadian Press | Posted 01.04.2016 | Canada Business

While Canadians 55 and older remain the most positive about their finances, they also saw the biggest decline in this year's survey.

Loonie, TSX End 2015 On A Weak Note

CP | The Canadian Press | Posted 12.31.2015 | Canada Business

TORONTO — The Canadian dollar was holding steady as the Toronto Stock Exchange was set to begin the last trading day of 2015 much lower than it be...

Daniel Tencer

6 Traps That Could Snare Canada's Economy In 2016 | Daniel Tencer | Posted 12.28.2015 | Canada Business

From bets against Canadian banks to the "carbon bubble," Canada has no shortage of economic pitfalls.

Canadian Dollar Edges Up Before Markets Close Early For Holiday

CP | The Canadian Press | Posted 12.24.2015 | Canada Business

Some "slightly positive" news for the loonie.

Bank Of Canada Interest Rate: Will It Get Cut Again?

CP | The Canadian Press | Posted 12.23.2015 | Canada Business

Recent data shows the Canadian economy is falling short of expectations.

Excessive Spending Will Not Lead To Sunny Ways

Erin O'Toole | Posted 12.15.2015 | Canada Politics
Erin O'Toole

Sunny ways leadership is about setting priorities and convincing citizens about the need for these priorities to ensure we have a bright future. It is about being honest with people and at times making difficult choices and explaining why you have to make them. Being all things to all people is not sunny ways leadership, nor is simply doubling or adding a zero to the investments of your predecessor. That appears to be the central hallmark of the new government. Spending is already wildly out of control.

Canada Among Countries Most Exposed To Chinese Slowdown

CP | The Canadian Press | Posted 12.07.2015 | Canada Business

TORONTO — A new report says Canada is one of five countries most exposed to China's slowing growth. Geneva-based asset manager Unigestion says Cana...

Canada's Economic 'Recovery' Sure Didn't Last Long

CP | Andy Blatchford, The Canadian Press | Posted 12.01.2015 | Canada Business

OTTAWA — Canada has climbed out of the recession that nudged the economy into reverse over the first half of 2015 — but a rebound in growth during...

More Taxpayer Money For Bombardier? Just Say No, Mr. Trudeau

Aaron Wudrick | Posted 11.17.2015 | Canada Business
Aaron Wudrick

Over the last 50 years, Bombardier has received $2.2 billion in federal government assistance -- of which Industry Canada advises only $543 million has been repaid. In short, if history is any guide, Bombardier is far more likely to be calling on taxpayers again shortly with its hands outstretched, than to actually mature into a bonafide competitive business.

Benefit Corporations Are In The Business Of Creating Social Change

Aaron H. Emery | Posted 11.12.2015 | Canada Business
Aaron H. Emery

These companies have already touched your life. Beyond the big names like Ben & Jerry's ice cream, Patagonia clothing, Etsy, or Kickstarter, there are impact-driven business leaders making significant money while making an amazing difference in communities all around us.

Enhancing Employment Insurance Will Benefit All Canadians

Wellesley Institute | Posted 11.03.2015 | Canada Business
Wellesley Institute

The EI system is an important component of Canada's social safety net. Over the last two decades, however, a series of changes to EI as well as labour market shifts have made it more difficult for Canadian workers to access EI benefits. Thankfully, fixing the erosion of Canada's EI system was featured in this federal election.