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Canada Economics News

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Canada Economics News

The CKA news is community driven, each day members submit links to news articles around the web. Links with a maple leaf are Canadian in some way, and are the prefered type for submission. Click the "comments" link below each link to add comments about the news article.

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Currently showing last 100 links of 565
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62
Link Related to Canada in some say Justin Trudeau responds to Donald Trump's USMCA comments
Economics | 617 hits | 7:59 PM on Friday | posted by DrCaleb
Comment
Prime Minister Justin Trudeau says that if the next U.S. president re-opens trade negotiations for the United States-Mexico-Canada Agreement (USMCA), Canada will prioritize its own interests.
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57
Chinese stocks suffer worst fall in 27 years over growth concerns | Chinese economy
Economics | 572 hits | 7:07 AM on Wednesday | posted by DrCaleb
Comment
Investors disappointed after hoped-for policy plans by Beijing to stimulate economy failed to materialise
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69
Link Related to Canada in some say California bans legacy admissions at all colleges
Economics | 687 hits | 6:48 AM on Tuesday | posted by DrCaleb
Comment
universities in California to consider an applicant’s relationship to alumni or donors when deciding whether to admit them.
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67
Link Related to Canada in some say Canada is getting poorer when compared to its wealthy peers, data shows
Economics | 673 hits | 7:14 PM on Thursday | posted by DrCaleb
Comment
Tepid economic growth, combined with a population boom, has hit Canada’s standing among rich countries
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81
Here's what happened when L.A. residents were given $1,000 a month
Economics | 810 hits | 5:57 AM on Thursday | posted by DrCaleb
Comment
L.A.'s BIG:LEAP experiment gave monthly payments to poor families for a year with no strings attached. Recipients saw lasting benefits, a study finds.
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75
Link Related to Canada in some say Unable to afford a burial, this mother's grief is compounded with her daughter lying in a freezer
Economics | 749 hits | 5:58 AM on Tuesday | posted by DrCaleb
Comment
Janice Strickland says her daughter Sarah Strickland is one of the dozens of bodies being kept at the Health Sciences Centre. The high costs of a funeral and lack of government support is keeping her from burying her daughter with dignity, she says.
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78
Link Related to Canada in some say Canadian unemployment rate rises to 6.4%, with student summer jobs especially hard to come by
Economics | 782 hits | 7:47 PM on Saturday | posted by DrCaleb
Comment
The Canadian economy was virtually unchanged in June, shedding 1,400 jobs, while unemployment rose 0.2 percentage points to 6.4 per cent, Statistics Canada said on Friday.
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94
Link Related to Canada in some say Companies from McDonald's to 3M warn inflation is squeezing consumers
Economics | 941 hits | 6:41 AM on Wednesday | posted by DrCaleb
Comment
Higher prices have weighed on customers in an array of industries that interact with consumers.
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99
Link Related to Canada in some say Canada’s population hits 41M months after breaking 40M threshold
Economics | 992 hits | 7:25 PM on Wednesday | posted by Scape
Comment
Nine months after reaching a population of 40 million, Canada has cracked a new threshold. As of Wednesday morning, it’s estimated 41 million people now call the country home, according to Statistics Canada’s live population tracker. The speed a
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101
Link Related to Canada in some say I used to judge people who chose to leave Newfoundland for work. Then I had to leave, too
Economics | 1008 hits | 7:08 PM on Sunday | posted by DrCaleb
Comment
In the fall of 2016, I forced the trunk of my rust-encrusted hatchback closed. The dishes rattled and the garbage bags of bedding shifted. Anything that couldn't fit — like the kitchen table from my childhood — was sold off on Kijiji to pay for gas. H
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110
Link Related to Canada in some say Okanagan couple faces fines, legal action over tiny home
Economics | 1096 hits | 6:57 AM on Friday | posted by DrCaleb
Comment
A Peachland, B.C., couple is facing the threat of a $1,000 fine and legal action if they do not remove their custom-built tiny home from their rural property by the end of April.
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106
Link Related to Canada in some say ‘Dangerous’ cave found in Edmonton’s river valley was purposely dug out for shelter: police
Economics | 1057 hits | 7:18 PM on Tuesday | posted by DrCaleb
Comment
Edmonton police posted about seeing the cave on Facebook on Monday. They said someone found it in the river valley and alerted them to the hole.
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94
Link Related to Canada in some say Finance Minister Chrystia Freeland to present Liberals' federal budget on April 16
Economics | 943 hits | 7:13 PM on Monday | posted by DrCaleb
Comment
OTTAWA — Finance Minister Chrystia Freeland will present the federal budget on April 16, as cost-of-living issues continue to dominate Canadian politics.
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108
Link Related to Canada in some say This homeless N.L. man lives on $175 a month. The federal housing monitor says it's not enough
Economics | 1083 hits | 12:11 PM on Saturday | posted by DrCaleb
Comment
Colin Young gets $175 a month through Newfoundland and Labrador's income support program. He's grateful for all of it, he says, the money isn't enough for the things that will help him find a job and secure permanent housing.
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105
Link Related to Canada in some say B.C. announces tax on homes sold 2 years or less after purchase
Economics | 1045 hits | 4:55 AM on Friday | posted by DrCaleb
Comment
The B.C. government announced a 20 per cent tax on profit made by people who sell properties two years or less after purchasing.
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115
Link Related to Canada in some say Four-day week made permanent for most UK firms in world’s biggest trial | Work-life balance
Economics | 1152 hits | 4:47 AM on Friday | posted by DrCaleb
Comment
Research shows 51% that took part permanently adopted the change, while 89% still operating policy one year on
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117
Link Related to Canada in some say This homeless N.L. man lives on $175 a month. The federal housing monitor says it's not enough
Economics | 1171 hits | 11:30 AM on Sunday | posted by DrCaleb
Comment
Colin Young gets $175 a month through the province's income support program. He's grateful for all of it, but the money isn't enough for the things he says will help him find a job and secure permanent housing.
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143
Link Related to Canada in some say Why owning a dog or cat in Canada has become so expensive
Economics | 1426 hits | 8:23 AM on Sunday | posted by DrCaleb
Comment
From private equity overtaking veterinary clinics to a longstanding shortage of veterinarians, a complex web of factors is making it ever more expensive for Canadians who own a pet
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108
Link Related to Canada in some say Canada's December inflation dashes hopes of early rate cut
Economics | 1076 hits | 6:45 AM on Tuesday | posted by DrCaleb
Comment
Canada's annual inflation rate rose as expected in December, data showed on Tuesday, and underlying prices pressures remained, dashing hopes that the central bank would shift into rate-cut mode early this year.
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129
Link Related to Canada in some say He slept on night buses and in a storage locker to avoid homeless shelters
Economics | 1285 hits | 6:23 AM on Thursday | posted by DrCaleb
Comment
After losing his home in June, John Grant Yusak headed to a Walmart parking lot in south Ottawa. That was only the beginning of his journey.
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122
Link Related to Canada in some say Challenging month for Canadian food banks amid holidays, rising demand
Economics | 1216 hits | 7:25 PM on Saturday | posted by DrCaleb
Comment
MONTREAL — Increasing demand for food assistance this year, coupled with a regular spike in users during the holiday season, has strained Canadian food banks…
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128
Link Related to Canada in some say Canada's annual inflation rate holds steady at 3.1%
Economics | 1284 hits | 7:03 AM on Tuesday | posted by DrCaleb
Comment
Canada's annual inflation rate was unchanged last month, holding steady at 3.1 per cent as progress on tamping down price growth stalled.
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124
Link Related to Canada in some say Implementing a basic income means overcoming myths about the 'undeserving poor'
Economics | 1243 hits | 11:38 PM on Tuesday | posted by Scape
Comment
Momentum on basic income is growing in Canada. However, pervasive myths about poverty are making implementing the idea challenging.
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137
Link Related to Canada in some say They came to Quebec for a job. Now these migrant workers can't afford groceries
Economics | 1367 hits | 7:40 AM on Monday | posted by DrCaleb
Comment
These migrant workers moved to Baie-Saint-Paul, Que., with the dream of working in Canada. But when they lost their jobs, their closed work permits made them rely on a food bank.
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107
Link Related to Canada in some say Stay in a hotel for a month or rent an apartment in Toronto: Which is cheaper'
Economics | 1072 hits | 6:28 AM on Friday | posted by DrCaleb
Comment
While the thought of staying in a hotel for a month might sound like an expensive proposition, it may actually be cheaper than paying rent in Toronto.
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122
Link Related to Canada in some say With millions of mortgages coming due, finance minister expects banks 'to work with' Canadians
Economics | 1216 hits | 5:53 AM on Monday | posted by DrCaleb
Comment
Finance Minister Chrystia Freeland says that the interests of banks, government and Canadians are aligned when it comes to the process of renegotiating millions of mortgages over the next 18 months.
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130
Link Related to Canada in some say Federal housing money coming too late, advocates say
Economics | 1298 hits | 5:59 AM on Wednesday | posted by DrCaleb
Comment
Some Canadian housing advocates say Ottawa needs to move faster to get newly pledged money out the door to spur much-needed construction. The government committed $16 billion for rental and social housing in Tuesday's fall fiscal update, but funding won't
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125
Link Related to Canada in some say Canada's inflation rate cools to 3.1% but the cost of living keeps going up
Economics | 1248 hits | 6:00 AM on Tuesday | posted by DrCaleb
1 Comment
Canada's consumer price index rose by 3.1 per cent in the year up to October, down from 3.8 per cent the previous month but in line with what economists were expecting.
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150
Link Related to Canada in some say Billions to be announced for housing construction in federal fiscal update, says source
Economics | 1499 hits | 6:24 PM on Monday | posted by DrCaleb
2 Comment
Deputy Prime Minister and Minister of Finance Chrystia Freeland will announce billions of dollars in loans and other incentives for housing construction, CBC News has learned.
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114
Link Related to Canada in some say Abandoned travel trailers, drug waste, burning garbage found at Okanagan encampment
Economics | 1144 hits | 6:55 AM on Tuesday | posted by DrCaleb
Comment
Burning garbage, dilapidated trailers, metal, human excrement and "tons" more refuse of varying origin are what those who tread into a South Okanagan encampment find.
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118
Link Related to Canada in some say 'We are in a crisis': 1 in 10 Torontonians now rely on a food bank, new report finds
Economics | 1184 hits | 6:38 AM on Tuesday | posted by DrCaleb
Comment
The annual Who's Hungry report is calling on all levels of government to step up with haste as it reveals one in 10 Torontonians are relying on a food bank.
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105
Link Related to Canada in some say With 420,000 Quebec public workers off the job today, unions announce 3 more strike days
Economics | 1048 hits | 5:55 AM on Monday | posted by DrCaleb
Comment
Hundreds of thousands of public sector workers in education, health and social services are on strike Monday, with unions announcing three more strike days later this month.
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124
Link Related to Canada in some say As cost of living soars, millions of Canadians are turning to food banks
Economics | 1239 hits | 5:57 AM on Wednesday | posted by DrCaleb
Comment
A new report from Food Banks Canada released Wednesday says the number of people using food banks this spring reached its highest point since it began collecting data in 1989 — and about 17 per cent of them were employed.
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112
Link Related to Canada in some say St. Lawrence Seaway: Business groups concerned as workers go on strike
Economics | 1122 hits | 11:11 AM on Sunday | posted by DrCaleb
Comment
Business groups urged the federal government to intervene to void a lengthy labour dispute at the St. Lawrence Seaway amid concerns that a strike that began early Sunday could have a profound affect on their members.
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119
Link Related to Canada in some say More dual-income homes relying on food banks, volunteers say
Economics | 1187 hits | 6:23 AM on Tuesday | posted by DrCaleb
Comment
The impact of soaring food prices is taking a hard toll on B.C.'s food banks, which have seen increasing demand in the lead up to Thanksgiving – including among double-income families.
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117
Link Related to Canada in some say Woman living in tent wonders what she should be thankful for this Thanksgiving
Economics | 1167 hits | 7:46 AM on Sunday | posted by DrCaleb
Comment
Penny Mutrey says it’s hard not to think about a traditional turkey dinner this year, as she continues to sleep in a tent. She is one of dozens who are camped out in front of Confederation Building to protest a lack of housing.
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111
Link Related to Canada in some say Nearly 200 volunteers gather at Daily Bread Food Bank to sort, pack food ahead of Thanksgiving
Economics | 1109 hits | 7:43 AM on Sunday | posted by DrCaleb
Comment
With Thanksgiving Day around the corner, almost 200 volunteers gathered at Daily Bread Food Bank over the weekend to sort and pack food for families in need across Toronto.
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118
Link Related to Canada in some say Constant price hikes are making inflation worse, Bank of Canada deputy says in speech
Economics | 1180 hits | 7:23 AM on Wednesday | posted by DrCaleb
Comment
Bank of Canada deputy governor Nicolas Vincent says businesses raising their prices more frequently than they did before the pandemic is contributing to higher-than-expected inflation.
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109
California raises fast food min. wage to US$20 per hour
Economics | 1092 hits | 6:58 AM on Friday | posted by DrCaleb
Comment
A new law in California will raise the minimum wage for fast food workers to US$20 per hour next year, an acknowledgment from the state's Democratic leaders that most of the often overlooked workforce are the primary earners for their low-income household
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116
Link Related to Canada in some say Live updates: Canada’s inflation rate jumps to 4.0% in August
Economics | 1161 hits | 6:26 AM on Tuesday | posted by DrCaleb
Comment
The August inflation rate is well above the Bank of Canada’s 2 per cent target
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125
Link Related to Canada in some say International students in Canada living in a tent on the side of road
Economics | 1247 hits | 6:29 AM on Friday | posted by DrCaleb
Comment
The students are sleeping on the cement with no blankets. Food is being provided by donations and Burger King
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121
Link Related to Canada in some say Give homeless people cash and they spend it on housing, study reports
Economics | 1208 hits | 6:19 AM on Wednesday | posted by DrCaleb
Comment
Study counters public perception that cash would just be spent on drugs and booze, researcher says
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118
Link Related to Canada in some say International students say they want to study in Canada, but staying is a problem if they can't find housing
Economics | 1177 hits | 5:47 AM on Tuesday | posted by DrCaleb
Comment
Advocates for those who come to Canada to study say more needs to be done at all levels of government to not only build more student housing, but to examine the incentives post-secondary institutions have to bring students to Canada in the first place.
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106
Link Related to Canada in some say Video promoting $2,000 rent for 200-square-foot Vancouver apartment widely criticized
Economics | 1055 hits | 7:27 AM on Thursday | posted by DrCaleb
Comment
The rents for newly renovated studio units at the Lotus Hotel had been publicly listed for $1,995 a month for some time, but it took a viral TikTok video to spark a larger conversation about the property — and the state of renting in Vancouver's Downtow
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113
Link Related to Canada in some say Alberta’s electricity cost surge helps drive inflation even as energy prices drop
Economics | 1132 hits | 7:18 PM on Tuesday | posted by DrCaleb
9 Comment
Statistics Canada says energy prices were down 8.2% in July on a year-over-year basis, compared with 14.6% in June
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113
Link Related to Canada in some say Fitch downgrades US credit rating from AAA to AA+
Economics | 1127 hits | 5:46 AM on Wednesday | posted by DrCaleb
Comment
The rating agency said it had noted a "steady deterioration" in governance over the last 20 years.
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112
Link Related to Canada in some say Prairie producers face supply chain woes, uncertainty due to B.C. port labour dispute
Economics | 1124 hits | 6:24 AM on Monday | posted by DrCaleb
Comment
Manitoba's pork sector is just one of the industries trying to catch-up on business following the 13-day work stoppage at B.C. ports. The Prairie province exports about $730 million worth of pork out of West Coast ports every year.
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115
Link Related to Canada in some say How do your federal carbon tax costs compare to your rebates' This tool helps you calculate that
Economics | 1153 hits | 5:52 AM on Thursday | posted by DrCaleb
Comment
This interactive tool helps you get a better sense of how the federal carbon tax is affecting your household finances if you live in one of the provinces where it applies.
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108
Link Related to Canada in some say Minimum wage couldn't land you a 1-bedroom unit years ago. Now, it's even worse. Here's why
Economics | 1083 hits | 7:01 AM on Tuesday | posted by DrCaleb
Comment
A new report released Tuesday by the Canadian Centre for Policy Alternatives found that while minimum wages have risen since 2018, they haven't increased as fast as rental rates. Researchers say this not only leaves workers spending too much on rent, but
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122
Link Related to Canada in some say Buying a car has never been more expensive, assuming you can even find one — here's why
Economics | 1222 hits | 7:53 AM on Wednesday | posted by DrCaleb
15 Comment
The pandemic caused upheaval in the vehicle market. But three years later, most of the supply chain problems have been fixed, yet a new conundrum is emerging: prices are sky high, and buyers are facing lengthy wait time if they're lucky enough to find a d

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