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Economy News

Ottawa had $7.5-billion surplus heading into final month of fiscal year
The federal government had a $7.5-billion surplus with just one month left in the fiscal year, according to a new report from Finance Canada.
Posted on 4-29-2016 at 11:55 AM
Canada’s economy shrinks less than expected
Canada’s economy slipped in February, as weaker demand for exported goods and a slowdown in oil and gas drilling handed the country’s gross domestic product its first setback in five months.
Posted on 4-29-2016 at 8:46 AM
Indigenous economy worth $1.1B in Atlantic Canada: Study
A newly released study says Atlantic Canada's economy is bolstered by $1.14 billion in business and household spending from the region's indigenous community.
Posted on 4-27-2016 at 11:59 AM
Poloz urges support for TPP and Canada-Europe trade deals
The governor of the Bank of Canada is wading into the hyper-politicized debate over a pair of controversial trade deals.
Posted on 4-26-2016 at 8:53 AM
Husky Energy selling 65% interest in assets for $1.7B
Husky Energy says it is selling 65 percent ownership interest in certain midstream assets in the Lloydminster region of Alberta and Saskatchewan for $1.7 billion in cash.
Posted on 4-25-2016 at 7:09 PM
How consumers helped salvage Canada’s economy in February
After a surprisingly strong start to the year, there were some dark clouds gathering on the economic horizon for February. Here are three key pieces of the month's economic puzzle, what they mean for growth.
Posted on 4-22-2016 at 12:24 PM
Economy defies expectations as retail sales and inflation heat up
The Canadian economy is once again running hotter than expected. Retail sales rose for a second straight month in February and inflation also bucked the consensus in March.
Posted on 4-22-2016 at 9:55 AM
No handouts, but ECB pledges loose policy ‘as long as needed’
European Central Bank President Mario Draghi brushed off German criticism of his ultra-loose monetary policy on Thursday and vowed to use all the tools at his disposal for "as long as needed."
Posted on 4-21-2016 at 10:28 AM

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