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Economy News

Oliver gets 'punny' with shoe choice for Budget Day
Joe Oliver kept with the quirky finance minister tradition of buying new shoes for Budget Day, selecting a rather on-the-nose brand to reflect an anticipated balanced budget.
Posted on 4-20-2015 at 3:04 PM
Budget 2015: What you should and shouldn't expect
It's widely known that the Conservative government will table a balanced federal budget this week. But what else can Canadians expect on Tuesday?
Posted on 4-20-2015 at 9:01 AM
No need now for more economic 'insurance': Stephen Poloz
"We've got the right monetary policy," Poloz told the Wall Street Journal. "It gets us home."
Posted on 4-20-2015 at 8:20 AM
Retail sales see biggest increase in eight months
Canadian retail sales racked up their biggest increase in eight months in February, lifted by widespread gains and an increase in sales at gasoline stations, data from Statistics Canada showed on Friday.
Posted on 4-17-2015 at 9:35 AM
Inflation data shows rising costs for a wide range of products
Canada’s core inflation rate was the fastest in more than six years in March, led by rising costs for everything from a text message to fresh meat and a new car.
Posted on 4-17-2015 at 8:43 AM
Ontario to fund infrastructure with beer tax, Hydro One IPO
The Ontario government plans to funnel spending into transportation infrastructure by hiking the tax on beer and selling a 60 percent stake in Hydro One through an initial public offering.
Posted on 4-16-2015 at 11:31 AM
Bank of Canada signals more rate cuts may be unneeded
Bank of Canada Governor Stephen Poloz held interest rates steady on Wednesday and suggested that no further cuts are imminent due to the bank's expectation that the economy will rebound later this year from the first quarter's zero growth.
Posted on 4-15-2015 at 10:13 AM
What's the Bank of Canada's next move? These economists weigh in
The central bank may signal tomorrow whether its surprise rate cut was a one-and-done move, or more stimulus is needed to avoid recession.
Posted on 4-14-2015 at 4:37 PM

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