Bank of Canada worried about impact of oil shock on inflation during rate deliberations

The Bank of Canada debated the impact soaring oil prices stemming from the war in Iran could have on inflation ahead of their most recent interest rate decision, with some…

Alberta-Ottawa MOU negotiations miss first deadline as talks continue

The first major deadline under a four-month-old memorandum of understanding on energy development between Alberta and Ottawa has passed without…

Canada needs to hike GST and cut non-defence spending to meet 5% NATO target: report

Canada may have hit the North Atlantic Treaty Organization (NATO) spending target of two per cent of gross domestic product…

Deloitte downgrades Canadian economic forecast due to CUSMA and Iranian war uncertainties

Deloitte Canada has downgraded its growth expectations for Canada in 2026, forecasting gross domestic product (GDP) will rise by 1.2…

Highlights

What falling wage growth says about where the U.S. economy is heading

Americans are getting smaller pay raises while tariffs and higher gas prices are threatening to make everything more expensive. Subscribe…

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