Daily News

The PM says worrying about the economy is for bankers. But the two million Canadians who used food banks last year have every reason to worryLast week the federal government announced a $4.7-billion tax expenditure, along with a two-month sales tax change th...

The U.S. imports almost 4 million barrels of Canadian crude a dayU.S. consumers face “significant consequences” from President-elect Donald Trump’s proposed tariffs on Canada, according to Goldman Sachs Group Inc., with the bank casting doubt over its implem...

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Labour minister says Ottawa will not step in to end the disputeMediation between Canada Post and its postal workers has been temporarily suspended by the special federal mediator, as the parties “remain too far apart,” the federal labour minister said Wednes...

Deflationary cycle can be extremely difficult to escape, says Rhys MendesThe Bank of Canada is warning against inflation falling below the central bank’s two per cent target, which could lead to a deflationary cycle and pose a big risk to the economy. We...

If only U.S. pressure will force us to ditch a system that lets industry set its own output levels and therefore prices, well, so be itJust when the Americans have elected an aggressive president and just before the Canada-U.S.-Mexico Agreement (the old NAFT...

Rosenberg Research: Central banks need to cut rates more with bankruptcy trends on the rise amid too-tight lending standardsDespite the cumulative 75-basis-point cut by the United States Federal Reserve since September and the 125-basis-point cut by the Bank...

Trump tariff threat sends Canadian dollar plunging, but some believe markets are overreactingThe Canadian dollar plunged more than half a cent and fell back below 71 cents U.S. after incoming U.S. president Donald Trump said he will impose a 25 per cent tari...

Could also fuel inflation and lead to fewer interest rate cutsEconomists are warning the hit to Canada’s economy will be significant if incoming U.S. president Donald Trump makes good on his threat of imposing a 25 per cent tariff on all Canadian and Mexican...

Deputy prime minister says the proposed tax break will lead to a pick-up in consumer spendingDeputy Prime Minister Chrystia Freeland says her government’s proposed GST measures will lead to a pick-up in consumer spending, even as Canadians continue to feel m...