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Economy News

Widespread tax hikes announced in Alberta budget
Virtually every tax paying resident of the province will be contributing more to Alberta's coffers almost immediately.
Posted on 3-26-2015 at 5:27 PM
Precarious-work levels to stay ‘elevated’ over next two years: TD
Levels of “precarious” employment are higher than before the 2008-2009 recession, a new paper says.
Posted on 3-26-2015 at 1:50 PM
Bank of Canada says rate cut bought time, suggests April move unlikely
The bank expects the negative effects of cheaper oil on Canada, a major producer, to be early and substantial, and the positive effects to take longer to emerge, according to governor Stephen Poloz.
Posted on 3-27-2015 at 12:00 AM
Opinion: Alberta needs a sales tax
The fact Alberta has reached this place, where paying healthcare premiums is a more palatable solution than instituting a tax system that exists in every other province in order to battle budget woes, that is a worrying situation.
Posted on 3-25-2015 at 7:35 AM
Economic growth to ‘soften’ in first half of 2015: TD forecast
Economists at TDBank expect that low oil prices will continue to weigh on Canadian economic growth, corporate profit and employment levels this year.
Posted on 3-24-2015 at 1:02 PM
Canada weighs joining China-led infrastructure bank
Canada is considering joining China’s planned infrastructure bank, a move that would leave the U.S. and Japan as the only Group of Seven holdouts as they continue to question the institution’s governance and environmental safeguards.
Posted on 3-24-2015 at 8:28 AM
Economists paint bleak picture for Canada's first-quarter growth
BMO is the latest to downgrade growth expectations to just 0.5 percent for the first three months of the year, while HSBC says it's even possible that the economy will contract.
Posted on 3-23-2015 at 11:23 AM
Canadian inflation rate holds at 1% thanks to cheaper gas
Canada’s inflation rate held at the bottom of the central bank’s target band in February as falling gasoline prices were countered by higher costs for home insurance and meat.
Posted on 3-20-2015 at 9:05 AM

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