12 h. ago Lorne Gunter: Fate of programs like CSC true a barometer of Carney's budget

I’m sure you’re all super impressed by the work being done in your communities by the legions of young volunteers working for the Canada Service Corps. What!? You say you’ve never heard of the Canada Service Corps (CSC)? Welcome to the club. Almost no Canadian has heard of it, even though the program has blown […]

Events

15 h. ago Charting the Global Economy: Weak Jobs, Steady Inflation Seal Fed Rate Cut

A record downward revision to annual US job growth, paired with no surprises in the latest inflation data, sealed the deal for the Federal Reserve to cut interest rates next week.

Economics

36 h. ago Lorne Gunter: Despite Smith's optimism, can't trust Carney on issues around oil 

The federal Liberals still hate Alberta oil. On Thursday, Prime Minister Mark Carney released his list of five national-priority projects. There is no pipeline in the bunch. Carney also released a list of projects to be considered for the next round of approvals. Again, no pipeline. There is nothing wrong with any of the projects […]

Events

49 h. ago Asia Joins Global Equity Rally After US Inflation: Markets Wrap

Asia joined a global equity rally after relatively tame US inflation data and cooling jobs numbers clinched a path for the Federal Reserve to cut interest rates next week.

Economics

49 h. ago Asian Stocks Near Record High on Fed Rate Cut Bets: Markets Wrap

Asian stocks rallied, with MSCI’s regional gauge nearing a record high, after US inflation and jobless claims data cemented expectations the Federal Reserve will cut interest rates next week.

Economics

55 h. ago US Stocks Advance as CPI Report Buoys Trader Bets on Rate Cuts

Equities climbed on Thursday, touching new intraday records as investors expect an in-line inflation report to trigger a Federal Reserve interest rate cut next week.

Economics

3 d. ago What unions have asked the government to cut instead of public servants' jobs

Public Service Notebook: Unions want Prime Minister Mark Carney to keep his promise to "cap, not cut" the federal public service.

Politics

3 d. ago US Producer Prices Unexpectedly Drop, First Decline Since April

US wholesale inflation unexpectedly declined in August for the first time in four months, adding to the case for the Federal Reserve to cut interest rates.

Economics

3 d. ago Lorne Gunter: Ideology killing Canada's home construction numbers

On Tuesday, the Canada Mortgage and Housing Corporation (CMHC) released statistics on housing starts for the first half of the year in seven major Canadian cities. The federal housing agency also projected the number of new housing unit starts (apartments, condos, row houses and single-family detached houses) that will be achieved across the country in […]

Events

4 d. ago Lorne Gunter: Alberta teachers deserve respect, but union moving the goalpoasts

The Alberta Teachers’ Association has refused to talk to provincial negotiators since last Friday

Events

4 d. ago Lorne Gunter: Alberta teachers deserve respect, but union moving the goalposts

The Alberta Teachers’ Association has refused to talk to provincial negotiators since last Friday

Events

5 d. ago Federal government says it has found almost 500 ways to cut red tape

OTTAWA — The federal government says it has found almost 500 ways to streamline regulations and cut costs following a 60-day red tape review exercise. Departments and agencies have published reports identifying measures to make them more efficient and eliminate complicated or redundant regulations or processes. Examples include a Canada Border Services Agency proposal to […]

Politics

5 d. ago Why the U.S. Federal Reserve should not cut interest rates now

Amid loose financial conditions and a bubbly market, it's exactly the wrong time

Other

5 d. ago US Stocks Pare Gains as Lack of Breadth Hampers S&P 500 Rally

US equities pared gains on Monday as a rally in tech shares couldn’t offset declines in other industries, even as traders continue to bet that a Federal Reserve interest rate cut will fuel further stock market gains.

Economics

5 d. ago Ottawa says it found nearly 500 ways to cut red tape, save costs

The federal government published reports saying it has identified nearly 500 ways to save costs from streamlining regulations through a 60-day review exercise.

Economics

7 d. ago Lorne Gunter: Federal Liberals hint at austerity, but don't count on it

For more than a week now, Prime Minister Mark Carney and federal Finance Minister François-Philippe Champagne have been preparing Canadians for an “austerity budget,” and perhaps even public-service layoffs. Although while talking to reporters this week, Champagne was less committal. He spoke only of “adjustments” to the 440,000 federal civil service. An adjustment can be […]

Events

8 d. ago Dollar Heads for Fifth Weekly Loss as Jobs Data Seals Fed Cuts

The dollar extended its longest losing streak since April 2023 after a report on the US labor market showed surprising weakness, prompting traders to lock in an interest-rate cut by the Federal Reserve this month.

Other

8 d. ago Lorne Gunter: Judges trample on homeowners' right to defend themselves

Ask for a trial by jury, not by judge alone. That was once standard advice (and still is) if you found yourself charged with assault or murder after defending your family, your home or your property against an intruder. Juries don’t tend to second guess whether a homeowner used appropriate force to subdue a burglar […]

Events

9 d. ago Lorne Gunter: Bloody weekend in Edmonton heightens calls for bail reform

On Tuesday, Edmonton mayoral candidate Rahim Jaffer issued an open letter calling on big-city mayors across the country to band together and demand the Carney government bring in meaningful bail reforms, not the piddly, window-dressing reforms introduced by the Trudeau Liberals last year. “We’ve seen police in particular find it very hard to do their […]

Society

9 d. ago Lorne Gunter: Edmonton council's twisted vision favours brutal infill over Blatchford, Expolands opportunities

Here’s a little idea for city council and the administration: Develop Blatchford and the Exhibition Lands (Expolands) to their full capacity for residential housing before allowing further infill destruction of neighbourhoods such as Crestwood, Glenora and Garneau. Last week, council approved a master plan for the new fan park east of Rogers Place that included […]

Events