Canada’s economy slowed “sharply” in the final quarter of 2019, the parliamentary budget office said Thursday in its February economic and fiscal report. And the new coronavirus outbreak, combined with lower-than-expected business spending, will likely push economic growth lower in the first quarter of 2020, the PBO projected. “We expect real GDP to grow by […]
The Canadian Federation of Independent Business is highlighting the problems arising from unnecessary government regulations for an 11th straight year. Red-Tape Awareness Weeks begins Monday with the nominees for the most ridiculous examples of red-tape. The winner the Paperweight Award will be announced Friday. Prairie Senior Policy Analyst Jennifer Henshaw says there has been a […]
OTTAWA — Prime Minister Justin Trudeau heads into 2020 promising to chart a path to Canada’s most ambitious greenhouse-gas emissions target yet: getting to a point within 30 years where Canada is adding no emissions that will stay in the atmosphere. But one of the first things his government has to decide in the new year […]
The political war-of-words around the national economy took another turn on Sunday’s political talk shows as the federal finance minister warned Conservatives to cease claims of a looming recession. Finance Minister Bill Morneau also suggested in separate broadcast interviews that the country’s economic track will have a bearing on how the Liberals steer their government’s […]
Improving fiscal stabilization for all Canadian provinces will be the focus of Saskatchewan Finance Minister Donna Harpauer when Canada’s finance ministers come together in Ottawa on Tuesday for their annual meeting. “Canada’s Premiers recently reached a consensus that changes to fiscal stabilization are needed,” Harpauer said in a release. “Program funding is not sufficient for […]
OTTAWA – Federal Finance Minister Bill Morneau will provide his first update for Canadians today on the state of the economy – and the government’s books – since the October election. The update comes as Morneau prepares to host provincial finance ministers for two days of talks this week, in which the amount of federal […]
The Trudeau Liberals will deliver a report on the state of the economy and federal finances first thing next week. Finance Minister Bill Morneau is tweeting that a fiscal update will be made public on Monday. On Monday, we will provide an update to Canadians on the state of our economy, and on Canada's fiscal […]
Saskatchewan’s trade minister is happy to see the new USMCA deal get finalized, but Jeremy Harrison still has some questions. While the deal will be great because of the trade relationship between Saskatchewan and the U-S, Harrison says he has echoed some concerns to Ottawa about one area in particular. “Softwood lumber and the dispute […]
OTTAWA — The Liberal government will provide an update on federal finances before MPs head home for the holidays. “Our plan is to have a fiscal update before Christmas so we can update Canadians on the state of the economy,” Finance Minister Bill Morneau said after he took the first step to provide a tax cut the […]
OTTAWA — The Canadian economy posted its biggest monthly job loss since the financial crisis in November, pushing the unemployment rate higher and raising the possibility the Bank of Canada may cut interest rates next year. Statistics Canada said Friday the economy lost 71,200 jobs last month and the unemployment rate rose four-tenths of a […]
