News
Flat GDP growth in August keeps half-point rate cut on table
GDP growth was higher than expected in July but flatlined in August, Statistics Canada reported.
Canadian economy grows more than expected on business investment, government spending
Canada's GDP grew more than expected, boosted by 'business investment in engineering structures'
Trudeau government keeps to activist agenda in tax-and-spend budget
Finance Minister Chrystia Freeland tabled the 2024 budget Tuesday, with big spending to increase Canada’s housing supply. The only thing keeping the deficit trajectory in check were new taxes, including $19 billion over five years in new capital gains levies on wealthy individuals and corporations – underscoring the extent to which we have fully entered a populist moment in Canadian politics, Theo Argitis writes.
Bank of Canada calls out lack of productivity
Some saw Bank of Canada's No. 2 official's recent speech on the nation's awful productivity numbers as a criticism of Prime Minister Justin Trudeau's economic record. Why did this speech get so much attention?
