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Economy News

Morneau shuts down idea of EI benefits for new regions
Finance Minister Bill Morneau says the federal government isn't going to provide extended EI benefits to any more regions of the country, even those that are the on cusp of meeting government requirements for the extra help.
Posted on 5-30-2016 at 7:21 PM
For many Canadian families two incomes are better than one, report shows
A report by Statistics Canada says the percentage of dual-income Canadian families with children has nearly doubled over the last 40 years.
Posted on 5-30-2016 at 1:00 PM
Vancouver is booming with jobs, so why are young workers struggling to buy a home?
Although Vancouver lead the country in job creation last month, many young workers are left struggling to afford a home in the city, observers say.
Posted on 5-30-2016 at 8:51 AM
Fed's Bullard says global markets appear 'well-prepared' for summer rate hike
St. Louis Federal Reserve President James Bullard said on Monday global markets appear to be "well-prepared" for a summer interest rate hike from the Fed, although he did not specify a date for the policy move.
Posted on 5-30-2016 at 8:20 AM
Fed's Yellen says rate hike likely appropriate in coming months
The U.S. Federal Reserve should raise interest rates "in the coming months" if economic growth picks up as expected and jobs continue to be generated, Fed Chair Janet Yellen said on Friday.
Posted on 5-27-2016 at 2:07 PM
The Week Ahead: Canadian GDP data, Saskatchewan budget
BNN sets up the week ahead to highlight what investors should be expecting.
Posted on 5-27-2016 at 1:31 PM
Ottawa posts $2B deficit for fiscal year as income tax revenue falls in March
The federal government posted a deficit in line with what was projected in its spring budget as personal and corporate income tax revenue fell in March.
Posted on 5-27-2016 at 11:19 AM
Dollar, bond yields extend gains after Yellen
The U.S. dollar added to gains while U.S. Treasury yields hit session highs on Friday after Federal Reserve Chair Janet Yellen said a U.S. interest rate hike will likely be appropriate in the coming months.
Posted on 5-27-2016 at 10:44 AM

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