Canadian Economy

We Can't Predict Canada's Next Recession, But We Can Prepare For It

Kevin Press | Posted 05.24.2017 | Canada Business
Kevin Press

After the financial crisis, I asked one of our executives how Canada had managed to sidestep the deep pain felt in the U.S. "I'm not sure we did," he pushed back. "Maybe it just hasn't happened yet." Fast forward to 2017 and here we are, fretting over housing bubbles and record-high debt levels.

New Brunswick's Curse Of Economic Malaise

Brian McLaughlin | Posted 05.18.2017 | Canada Business
Brian McLaughlin

New Brunswick, ranked in 2014 by the Conference Board of Canada as one of the worst provincial (GDP) performing economies in the world, can not seem to shake off decade-after-decade of economic mismanagement.

‘Blood-Thirsty,' ‘Uninformed' Investors Circling Canada's Economy: CIBC

HuffPost Canada | Daniel Tencer | Posted 05.10.2017 | Canada Business

Many global investors don't know enough about Canada to make informed decisions, CIBC says.

There's Only One Thing Holding Up Canada's Economy Right Now

The Huffington Post Canada | Daniel Tencer | Posted 04.28.2017 | Canada Business

Thank goodness for the housing bubble?

Canadian Economy's Growth Matches Fastest Pace In 6 Years

The Huffington Post Canada | Daniel Tencer | Posted 03.31.2017 | Canada Business

Canada's economy hasn't been this strong since 2011.

Canada's Economy Finished 2016 With A Bang

The Huffington Post Canada | Daniel Tencer | Posted 03.02.2017 | Canada Business

Growth comes in strong, but there are clouds on the economic horizon.

I'm Begging You, Canada – Please Don't Let 'Trump' Happen Here

Fransi Weinstein | Posted 02.17.2017 | Canada Politics
Fransi Weinstein

I don't know about you, but I have no desire to wake up one morning and find that Kevin O'Leary, Canada's version of Donald Trump, is our new prime minister. If you're not taking him seriously, you should be.

Canada's Economy Strengthens, But Potential Problem Brews

The Huffington Post Canada | Daniel Tencer | Posted 01.31.2017 | Canada Business

Real estate sector declines for first time in five years.

Tech Leaders: Canada Should Accept ‘Those Displaced' By Trump Ban

The Huffington Post Canada | Daniel Tencer | Posted 01.29.2017 | Canada Business

Trump's closed-door policies could accidentally boost Canada's economy.

'Consequences' For Canada If Trump Goes Protectionist: BoC

CP | Andy Blatchford, The Canadian Press | Posted 01.18.2017 | Canada Business

Latest economic outlook "subject to considerable uncertainty" because no one knows what Trump will do.

First Nations Should Explore Cashing In On Legal Cannabis

Liam Massaubi | Posted 01.04.2017 | Canada Business
Liam Massaubi

The emerging legalization of marijuana is an opportunity for continued and new business success in First Nation communities. As parts of the U.S. have started legalizing the sale of marijuana (and Canada is on its way), cannabis capitalists are flocking to invest in dispensaries and other marijuana-related projects.

Happy Holidays: Canada's Economy Takes A Big Dive

The Huffington Post Canada | Daniel Tencer | Posted 12.24.2016 | Canada Business

Activity is falling 13 of the 20 sectors covered by StatsCan.

How Real Estate Developers Are 'Crafting The Narrative'

Stephen Punwasi | Posted 12.21.2016 | Canada Business
Stephen Punwasi

Special interest groups have always staged PR events to try and gain coverage, but the real estate industry has decided to take a more "proactive" approach. Some members of the industry are turning regular journalism into "commerce journalism," by manipulating coverage in their favour, sometimes engaging in unethical practices.

Seemingly Innocent Cash Deals Cost All Canadians

Gabe Hayos, FCPA, FCA | Posted 12.21.2016 | Canada Business
Gabe Hayos, FCPA, FCA

The underground economy is toxic. It costs jobs, makes it harder for above-board businesses to compete and ruins faith in our tax system. It can also leave you holding the bag when you get sub-par results or someone gets burned in a cash deal. But there is something we can all do, and it's simple.

Canada Making Mistake With Reliance On Oil, Housing: Think Tank

CP | Bruce Cheadle, The Canadian Press | Posted 12.02.2016 | Canada Business

Canada risks falling behind if it doesn't develop its human resources, report argues.

Canada's Economy Sees Strongest Growth In 2 Years

CP | Andy Blatchford, The Canadian Press | Posted 11.30.2016 | Canada Business

The slump that started earlier this year appears to be over.

Ottawa Must Ask Itself Two Basic Questions About Deficit Spending

Sean Speer | Posted 10.28.2016 | Canada Politics
Sean Speer

Finance Minister Bill Morneau will soon release the government's Fall Economic Statement and the expectation is for more stimulus spending and higher deficits. The surrounding debate in Ottawa has been mostly focused on "how" and "what" of deficit spending and insufficiently on "why" and "when."

Canadian Malls Need More Than Clothing Stores To Survive: Experts

CP | Ross Marowits, The Canadian Press | Posted 10.25.2016 | Canada Business

They say malls need to offer other services including entertainment and sporting venues.

Celebrating Canada's Top Entrepreneurs Can Inspire New Innovators

Abdullah Snobar | Posted 10.21.2016 | Canada Business
Abdullah Snobar

Ask an American to name an entrepreneur and odds are names like Mark Zuckerberg, Mike Dell and Larry Page will roll off their tongue. When asked to name up to five high-profile entrepreneurs, a third of Canadians could not name a single one. Why is that?

Canada's Economy Will Grow Slower Due To Housing, Exports: BoC

CP | Andy Blatchford, The Canadian Press | Posted 10.19.2016 | Canada Business

"Zero appetite" for interest rate hikes at the Bank of Canada.

Say Hello To The Commonwealth's $6.6-Trillion Real Estate Bubble

Stephen Punwasi | Posted 10.07.2016 | Canada Business
Stephen Punwasi

Instead of crashing in 2008, countries like Canada, Australia, New Zealand, and the U.K. decided we just needed more money. The result? Soaring real estate prices, stagnating incomes, mounting household debt and lowered economic output have sent four of the largest economies in the realm into a massive bubble.

BMO Says B.C. To Lead Canada's Economy In 2017. TD Says Alberta.

The Huffington Post Canada | Jesse Ferreras | Posted 10.06.2016 | Canada Business

The Bank of Montreal predicts some challenging times for Alberta.

The U.S. Is Dragging Canada's Economy Down: IMF

CP | Posted 10.04.2016 | Canada Business

Its new estimate is 0.2 per cent lower than before.

Bad Government Policies Are Undermining Canada's Growth

Charles Lammam | Posted 10.03.2016 | Canada Politics
Charles Lammam

Like many diagnoses of slow growth, the effects of bad government policies often get overlooked. This matters because unlike commodity swings or global forces, governments can actually influence the direction of policy. But in recent years, we've seen an onslaught of growth-hindering policies in Canada such as spending-induced debt increases, higher taxes and increased regulation.

Canada's Economy Had A Better-Than-Expected Showing In July

CP | The Canadian Press | Posted 09.30.2016 | Canada Business

Canada's economy began the third quarter on solid footing.