Canada Economics News
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North American stocks open lower after Monday's heavy losses
North American markets opened lower Tuesday, following the global trend as a volatile sell-off on Wall Street yesterday heightened concerns that a pull-back from record highs could lead to more heavy losses. Exclusive: Canada convinced Trump will soon pull plug on NAFTA - sourcesEconomics | 207373 hits | 11:24 AM on Wednesday | posted by shockedcanadian
Canadian Unemployment Reaches 40-Year LowEconomics | 207181 hits | 3:56 PM on Friday | posted by BeaverFever
The unemployment rate fell to its lowest level in more than 40 years as Canada closed out a calendar year that saw it produce jobs at a pace not seen since 2002. Coal power starting to go offline in Alberta as shift to cleaner energy picks up | Globalnews.ca
Coal has long been the backbone of Alberta's grid, currently providing nearly 40 per cent of the provinces power. Analysts believe removing it will come with a cost to consumers. Bank of Canada estimates 60,000 fewer jobs due to minimum wage increases | CTV News
The Bank of Canada estimates there will be about 60,000 fewer jobs by 2019 due to the increases in minimum wages across the country, but that labour income will be higher due to the increases. 3 Reasons Canada May Be Going Into a RecessionEconomics | 207186 hits | 3:02 PM on Sunday | posted by shockedcanadian
Taxing times for small businesses | CTV Calgary News
Chris Epp speaks with small business owners who say they are struggling to survive as they face new taxes and higher wages. Record cheap electricity is transforming world energy markets as Canada struggles to keep up: Don Pittis
There are signs of a new world order in global electricity. Costs are plunging and Alberta is on the leading edge of a new pricing regime helping to turn the energy world upside down. Edmonton returning to sustainable growth but don't expect a boom, says city economist
Edmonton's chief economist says the city is starting to get out of the economic downturn, but not to expect a boom. Federal finances stable but most provinces in trouble, budget watchdog saysEconomics | 207618 hits | 12:35 PM on Thursday | posted by shockedcanadian
Toronto tops list of cities around the world most at risk of a housing bubbleEconomics | 207326 hits | 8:17 AM on Thursday | posted by shockedcanadian
Canada added 22,000 jobs last month, jobless rate ticks down to 6.2%
Canada's economy added 22,000 jobs last month, with a surge in part-time work offsetting a loss of full-time jobs.Power company kills nuclear plant, plans $6 billion in solar, battery investment
On Tuesday, power provider Duke Energy Florida announced a settlement with the state’s public service commission (PSC) to cease plans to build a nuclear plant in western Florida. The utility instead intends to invest $6 billion in solar panels, grid-tied
On Tuesday, power provider Duke Energy Florida announced a settlement with the state’s public service commission (PSC) to cease plans to build a nuclear plant in western Florida. The utility instead intends to invest $6 billion in solar panels, grid-tied 
The latest economic outlook for Alberta says the recession is officially over, with modest growth expected in the coming year — but it will be a few years before that translates into jobs. CPPIB added almost $10B in assets in last quarter
CPP performance is well ahead of what chief actuary of Canada says will be needed to pay benefits for decades. NAFTA talks expected to begin as early as AugustEconomics | 207531 hits | 3:04 PM on Saturday | posted by shockedcanadian
Bank of Canada raises interest rate for 1st time in 7 years to 0.75%
The Bank of Canada has raised its key interest rate as expected to 0.75 per cent — the central bank's first move upward in the cost of borrowing in seven years.
The bank's target for the overnight rate — at which major financial institutions make one-d Canadian softwood producers brace for 2nd wave of U.S. lumber dutiesEconomics | 207596 hits | 2:30 AM on Monday | posted by shockedcanadian
A NEW commodity spawns a lucrative, fast-growing industry, prompting antitrust regulators to step in to restrain those who control its flow. A century ago, the resource in question was oil. Now similar concerns are being raised by the giants that deal in GTA new homes prices shatter record in March as market faces new government regulations | Financial PostEconomics | 207549 hits | 11:12 AM on Friday | posted by shockedcanadian
The IMF is nowhere near as optimistic about our economy as the Bank of Canada is | Financial PostEconomics | 207368 hits | 10:53 AM on Tuesday | posted by shockedcanadian
The Washington-based organization continues to estimate Canada's gross domestic product will grow by 1.9% this year, unchanged from its previous forecastWe Tracked Every Dollar 235 U.S. Households Spent for a Year, and Found Widespread Financial Vulnerability
Income inequality in the United States is growing, but the most common economic statistics hide a significant portion of Americans’ financial instability by drawing on annual aggregates of income and spending. Annual numbers can hide fluctuations that det
Income inequality in the United States is growing, but the most common economic statistics hide a significant portion of Americans’ financial instability by drawing on annual aggregates of income and spending. Annual numbers can hide fluctuations that det Young Ontarians struggling with income and housing, and it's not 'bad luck'Economics | 207388 hits | 5:32 PM on Wednesday | posted by shockedcanadian
Canada posted surprise $972M trade deficit for FebruaryEconomics | 207132 hits | 11:50 AM on Tuesday | posted by shockedcanadian
Switching apartment metering shocks electricity freeloaders into conservation | Ars Technica
“UtiSometimes a beautiful data set occurs in the wild, begging to be analyzed. When a Swedish housing company decided to switch around half of its apartments so that tenants paid for their electricity, it created a natural, controlled experiment. Three ec Bank for International Settlements says Canada is showing early warning signs of financial crisis | Financial PostEconomics | 207357 hits | 8:11 PM on Monday | posted by shockedcanadian
Robots won't just take our jobs they'll make the rich even richer
Robotics and artificial intelligence will continue to improve � but without political change such as a tax, the outcome will range from bad to apocalyptic
Robotics and artificial intelligence will continue to improve � but without political change such as a tax, the outcome will range from bad to apocalyptic Cash-strapped Canadians put less into TFSAs in 2016, survey findsEconomics | 207340 hits | 11:47 AM on Thursday | posted by shockedcanadian
Toronto area in housing bubble, says BMO Capital Markets economistEconomics | 207240 hits | 9:05 AM on Thursday | posted by shockedcanadian
Torontonians pay triple what New Yorkers do for a city hall weddingEconomics | 207487 hits | 7:56 AM on Tuesday | posted by shockedcanadian
Nearly 80% of refugees employed within a year of landing in Alberta: StatsCan
A large majority of immigrants to Alberta integrate into the workforce within a few years of landing, new data from Statistics Canada show. 38% of Canadians dip into RRSPs early, BMO survey suggestsEconomics | 207258 hits | 9:19 AM on Wednesday | posted by shockedcanadian
Canadians want Trudeau to stand up to Trump, even if it leads to trade war: pollEconomics | 207447 hits | 9:15 AM on Wednesday | posted by shockedcanadian
Why Ontario government employees cost so much more than other workers | Financial PostEconomics | 207188 hits | 6:02 PM on Monday | posted by shockedcanadian
Ontario's Auto-Industry Crisis Was Worse Than Alberta Oil Crash: FedsEconomics | 207165 hits | 7:33 AM on Thursday | posted by shockedcanadian
Federal government posts $3.3-billion deficit in NovemberEconomics | 207484 hits | 6:10 AM on Saturday | posted by shockedcanadian
Average Toronto family could pay nearly $700 more in local taxes, feesEconomics | 207572 hits | 6:14 AM on Tuesday | posted by shockedcanadian
Ottawa weeks away from starting free-trade talks with ChinaEconomics | 207375 hits | 11:49 AM on Tuesday | posted by shockedcanadian
With Trans-Pacific Partnership on its deathbed, preliminary talks with China carry symbolic weight Why Canadians can�t stop borrowing: Stagnating incomesEconomics | 207606 hits | 10:19 AM on Tuesday | posted by shockedcanadian
Through successive years of slow economic growth, the debt-to-disposable-income ratio has been stuck at or near record levels Rich man, poor man: A closer look at Oxfam's inequality figures
Canada's middle class has the feeling it's being left behind. But Oxfam's measure of inequality, but those figures don't tell the whole story about the Canadian situation, critics say.Back to Canada News
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