8 d. ago Canada to meet 2% defence spending target as NATO eyes spending boost

Carney said the government will invest in new submarines, aircraft, ships, armed vehicles and artillery

Events

1 week ago BDC and First Nations Bank of Canada launch a $100M initiative to boost business acquisitions

Acquisition of established businesses seen as a model of economic reconciliation TORONTO, June 05, 2025 (GLOBE NEWSWIRE) — First Nations Bank of Canada (FNBC) and the Business Development Bank of Canada (BDC) today announced a $100M initiative to increase business acquisitions by Indigenous communities and economic development agencies across the country. The timing is crucial […]

Economics

2 w. ago Canada’s domestic tourism industry could net billions due to U.S. trade war: Report

OTTAWA — Canada’s tourism industry might be in for a boost as Canadians boycott the United States and spend their travel dollars closer to home this year. In a report released May 29, the Conference Board of Canada estimates the net economic benefit for the domestic tourism sector could be as high as $8.8 billion. […]

Economics

2 w. ago Canada's economy will be one of the most hurt by global downturn

A new report warns Canada of a grim future, predicting that our economy will be hit the hardest by a global economic slowdown.The Organization for Economic Co-operation and Development (OECD) released the first issue of its 2025 economic outlook, and the forecast didn't look so good for countries embroiled in a trade war with the United States.The economic outlook projects global growth slowing from 3.3 per cent in 2024 to 2.9 per cent in both 2025 and 2026.It notes that the slowdown is expected to be most pronounced in the U.S., Canada, Mexico and China.OECD slams Canada’s immigration policy: Record-high immigration is worsening housing, productivity & hiding a per capita recession, says new report. GDP is up — but Canadians are poorer. 👉 Low-skilled inflows 📷 Soaring housing costs 📷#cdnpoli #OECD pic.twitter.com/zWR3zQtgJE— ICC Immigration (@icc_immigration) June 3, 2025"The global outlook is becoming increasingly challenging," ...

Other

2 w. ago FIRST READING: High immigration is worsening Canada’s economic problems, says report

Record-high immigration impacting productivity and housing affordability, two metrics on which Canada is among the worst in the world

Other

2 w. ago Carney’s defence spending will add up to $46 billion to economy, CIBC says

The economic gains of Prime Minister Mark Carney’s defence spending boost will likely be worth more than double the planned investment costs, according to Canadian Imperial Bank of Commerce economists. The $31 billion that Carney’s government has earmarked for additional defence outlays through the fiscal year ending in 2029 may boost Canada’s economy by as […]

Economics

3 w. ago Canada needs to boost productivity and housing affordability: OECD report

OTTAWA — A new report by the OECD says Canada needs to boost productivity and housing affordability to strengthen growth as it faces trade uncertainty and U.S. tariffs that are taking a bite out of the economic outlook. The latest OECD Economic Survey of Canada says government spending and interest rate cuts may be required […]

Other

3 w. ago Canada Life gives $250K boost to landmark Old East Village housing project

A new affordable housing project in Old East Village targeting newcomers and low-income Londoners received a massive boost Wednesday in the form of a $250,000 donation from London-based Canada Life.

Economics

3 w. ago Canada Life gives $250K boost to landmark Old East housing project

A new affordable housing project in Old East Village targeting newcomers and low-income Londoners received a massive boost Wednesday in the form of a $250,000 donation from London-based Canada Life.

Economics

4 w. ago French oil giant TotalEnergies returns significantly to Canada with bet on burgeoning LNG industry

Signs long-term agreements with the proponents of Ksi Lisims LNG, a proposed export terminal on the northwest coast of British Columbia

Other