The Business Council of Canada is also urging the federal government to borrow a U.S. idea and create a new body that would ensure the intelligence is securely and broadly shared across the Canadian economy.
Canada's first-ever climate adaptation strategy was little more than six weeks old when fast-moving wildfires swept through communities in British Columbia's southern Interior, forcing thousands to flee and destroying hundreds of homes.
More competition is needed in Canada’s grocery sector as consumers grapple with higher food prices, said Finance Minister Chrystia Freeland, after two of the country's largest grocers reported higher sales and profits in the most recent quarter.
Finance Minister Chrystia Freeland is expected to table the federal government's fall economic statement on Nov. 21, 2023, a mini-budget that will serve as an update on federal finances and contain new measures that reflect the government's priorities.
Senior federal bureaucrats examined whether cryptocurrencies protect against inflation not long after Opposition Leader Pierre Poilievre made the claim as a candidate in the Conservative leadership race, according to an internal government document.
Prime Minister Justin Trudeau and his cabinet are in Vancouver on Monday for the start of a three-day retreat as they prepare for a fall sitting of Parliament, a new Conservative leader, and the ongoing pressures of the COVID-19 recovery and inflation.
The Canadian economy stayed flat in May, with growth slowing down as businesses continue to face supply constraints and rising interest rates, though economists say the current cycle of interest rate increases is expected to continue into the fall.
For all the talk about deficits, supply chains and other knock-on impacts of the COVID-19 pandemic, oil and gas have applied the bulk of the inflationary pressure on both global economies and household budgets, writes columnist Max Fawcett.