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Economy News

Higher rates not first choice in tackling household debt: BoC
The Bank of Canada is warning that higher interest rates won’t be its tool of choice to rein in excessive household borrowing.
Posted on 2-08-2016 at 12:18 PM
Canada's economy could take big hit if gender employment divide persists
Job prospects for women are looking increasingly bleak as the so-called fourth industrial revolution puts female-dominated industries at imminent risk.
Posted on 2-05-2016 at 11:52 AM
'Undeniably in a recession': Alberta’s jobless rate at highest since 1996
Canada’s jobs market unexpectedly went into reverse last month. Almost 6,000 jobs were lost and the country’s energy heartland was hit hardest.
Posted on 2-05-2016 at 7:16 AM
New Brunswick first to lower top rate over federal plan to tax the rich
The new federal tax hike on Canada’s top 1 per cent has forced New Brunswick to back down on its own tax-the-wealthy approach, raising the possibility that other provinces could follow suit.
Posted on 2-03-2016 at 11:02 PM
Commodity price crash exposing holes in Canada’s labour market: Study
The collapse in commodity prices is showing Canada’s labour market is not keeping up with “changing times”.
Posted on 2-02-2016 at 7:38 AM
U.S. companies cutting costs on fears of economic downturn
The capital spending slump that originated in the hard-hit energy sector appears to be spreading more widely across other U.S. industries.
Posted on 2-02-2016 at 1:11 PM
Global factories parched for demand, need stimulus
January surveys of global factory activity released on Monday showed the new year began much as the old one ended - with too much capacity chasing too little demand.
Posted on 2-01-2016 at 7:36 AM
Alberta may be eligible for federal relief: Morneau
The Liberal government has confirmed that Alberta may qualify for a financial boost under a little-known federal program to help ease the province's economic pain from falling commodity prices.
Posted on 1-29-2016 at 1:54 PM

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