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Economy News

Ottawa falls into $3B deficit in first Liberal fiscal update
A deteriorating economy has scuttled projections of a balanced budget in this fiscal year with the Liberal government forecasting a $3-billion deficit for 2015-16 even before it acts on some of its spending plans.
Posted on 11-20-2015 at 10:56 AM
Lower energy prices keep Canada's inflation rate steady in October
New Statistics Canada data showed Canada’s annual inflation rate held at 1.0 per cent in October, as it was held down by cheaper energy prices.
Posted on 11-20-2015 at 9:14 AM
New Liberal government to release its first economic update
The new Liberal government will open the federal books for Canadians Friday as it releases its first fiscal and economic update.
Posted on 11-20-2015 at 8:42 AM
Slower growth new economic reality, says Bank of Canada report
A Bank of Canada research report released on Thursday concluded that growth in advanced economies may remain slow.
Posted on 11-19-2015 at 12:10 PM
Canada wholesale trade unexpectedly falls in September
Data from Statistics Canada revealed Thursday that the value of Canadian wholesale trade unexpectedly fell in September, weighed by a drop in motor vehicle and parts sales for the third month in a row.
Posted on 11-19-2015 at 10:10 AM
Number of Canadians on jobless benefits jumps in September
According to new Statistics Canada data, the number of Canadians receiving employment insurance benefits rose in September, with most of the increase coming from Alberta.
Posted on 11-19-2015 at 9:49 AM
Ontario must seize its 'competitive advantage,' says ex-TD CEO Ed Clark
To hear Ed Clark tell it, the divide between East and West in this country extends to business investment bets on the future price of oil and the value of the loonie.
Posted on 11-13-2015 at 1:41 PM
Bank of Canada’s Wilkins says central bank to focus on innovation
The Bank of Canada's second-in-command is highlighting the importance of taking risks to spur innovation. BoC Senior Deputy Governor Carolyn Wilkins says the central bank must embrace risks without jeopardizing its mission.
Posted on 11-13-2015 at 8:57 AM

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