2 h. ago ECB’s Rebel Voice Bows Out With Plea for Greater Transparency

The European Central Bank’s most rebellious interest rate-setter has one last suggestion before he departs this month: more transparency on policy decisions.

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15 h. ago Chinese LNG Buyers Snap Up Imports as Prices Fall to Refill Storage

China’s liquefied natural gas buyers are boosting imports as falling prices and the need to replenish inventories end months of sluggish deliveries.

Economics

23 h. ago Europe Gas Prices Fall Near 2025 Lows Ahead of Trump–Putin Talks

Europe’s natural gas prices slid to near the lowest level this year in anticipation of a historic summit between US President Donald Trump and Russia’s Vladimir Putin, which will seek to end a war that collapsed fuel flows from what was once the continent’s biggest supplier.

Economics

44 h. ago China’s new tariff on Canadian canola takes effect as farmers urge action

The duty, announced Tuesday, has already caused the price of one of Canada's most valuable crops to fall, wiping out millions of dollars in its value.

Economics

58 h. ago ’THIS IS OUR LIVELIHOOD’: Farmers brace for hit from China’s canola tariff

Farmer Bill Prybylski says China’s planned tariff on canola seed wasn’t factored into his business equations this year. The president of the Agricultural Producers Association of Saskatchewan says the 75.8% preliminary duty, announced Tuesday, has already caused canola prices to fall by $1 per bushel. That translates to a loss of about $200,000 for his […]

Economics

3 d. ago Ontario's unemployment levels keep surging higher and Toronto is among the worst

As much as we all want to hope for economic recovery in Ontario, joblessness in the province and across Canada is only getting worse, especially in major hubs like Toronto.Even in the wake of recent changes to the nation's immigration program — which many have criticized for causing a too-rapid and unmanageable population surge post-COVID — the proportion of residents who are out of work continues to grow, with fierce competition for even entry-level jobs.In July, Ontario saw another worrying uptick in its unemployment rate, which rose 0.1 per cent month-over-month and 1.2 per cent year-over-year to a painful 7.9 per cent, according to a new Labour Force Survey from StatCan.This makes us the fourth-worst province or territory for job seekers after Newfoundland & Labrador (10.5 per cent), Nunavut (9.9 per cent), and P.E.I. (8.8 per cent).StatCanCanada's national average sits at 6.9 per cent — stable from June, but ...

Other

3 d. ago Ontario's unemployment levels keep surging higher and Toronto's is among the worst

As much as we all want to hope for economic recovery in Ontario, joblessness in the province and across Canada is only getting worse, especially in major hubs like Toronto.Even in the wake of recent changes to the nation's immigration program — which many have criticized for causing a too-rapid and unmanageable population surge post-COVID — the proportion of residents who are out of work continues to grow, with fierce competition for even entry-level jobs.In July, Ontario saw another worrying uptick in its unemployment rate, which rose 0.1 per cent month-over-month and 1.2 per cent year-over-year to a painful 7.9 per cent, according to a new Labour Force Survey from StatCan.This makes us the fourth-worst province or territory for job seekers after Newfoundland & Labrador (10.5 per cent), Nunavut (9.9 per cent), and P.E.I. (8.8 per cent).StatCanCanada's national average sits at 6.9 per cent — stable from June, but ...

Other

7 d. ago ‘Worst jobs reading in three years’ raises odds of Bank of Canada rate cut next month

Canada shed 41,000 jobs in July, the worst showing since January 2022

Other

7 d. ago London area jobless rate drops – but the big question is why

After three straight months of increases, the London area’s jobless rate dropped last month – but it’s not clear if more people have found work or simply gave up on their job search.

Other

7 d. ago Canada lost 41,000 jobs in July but unemployment rate held steady at 6.9%

OTTAWA — Statistics Canada says the economy shed some 41,000 jobs in July, partially offsetting a gain of 83,000 positions in June. The unemployment rate meanwhile held steady at 6.9 per cent last month as the agency says the total number of job seekers was roughly unchanged. StatCan says July’s losses were concentrated in full-time […]

Other

9 d. ago Sweden’s Core Inflation Trails Analyst Forecasts, Backing Easing

Sweden’s core inflation rate fell slightly more than analysts expected last month, likely backing the case for the country’s central to cut interest rates later in August to support the misfiring economy.

Economics

1 week ago Thai Consumer Prices Fall Most in 17 Months Before Rate Meeting

Thailand’s consumer price index fell the most since early 2024 as energy costs remained subdued and utility tariffs dropped, providing the central bank more room to weigh monetary easing at its meeting next week.

Economics

4 w. ago Home sales fall, inventory surges, prices decline slightly in Calgary

Calgary's residential real estate market solidly in balanced territory.

Economics

4 w. ago Opinion: Alberta’s strength isn’t a grievance — it’s a privilege

Whenever the debate over Alberta’s place in Canada heats up — usually when oil prices fall or equalization cheques make headlines — one familiar grievance always returns: “Why should we pay more than we get back?” It’s a fair question. Alberta is, by any accounting method, a net contributor to Confederation. We send $44 billion […]

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