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Economy News

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
Ontario to release budget on April 23, Finance Minister says
The Ontario government will release its provincial budget on April 23, Finance Minister Charles Sousa said Tuesday in Toronto.
Posted on 4-14-2015 at 11:20 AM
IMF trims Canada’s economic outlook on oil-price fallout
The International Monetary Fund has slightly trimmed its forecast for Canadian economic growth, citing the continued downside risks posed by the oil shock.
Posted on 4-14-2015 at 10:56 AM
Infographic: Surprise leap in Canadian jobs
Statistics Canada says part-time positions rose in March, while full-time employment declined. Here's a break down of Canada's most recent job data.
Posted on 4-10-2015 at 2:48 PM
Economy posts unexpected jobs gain in March on part-time work
Canadian employment rebounded in March, with an unexpected gain powered by services from retailing to transportation and part-time work.
Posted on 4-10-2015 at 8:41 AM
Weak economy to drag loonie lower over next 12 months
The Canadian dollar will not gain back any ground against its U.S. counterpart in the coming year as the resource-dependent economy feels the pinch of low crude oil and commodity prices, a Reuters poll found.
Posted on 4-09-2015 at 11:36 AM

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