Shoplifting has surged to an alarming level across Canada, industry insiders say, with inflation and labour shortages cited as major factors behind the increase.
Amid all this suffering — what we’ve been through and what’s to come — there is one statistic that marches ever upward: corporate profits, Avi Lewis writes.
Parliamentary budget officer Yves Giroux told members of Parliament on Monday, November 28, 2022, that the federal government did not show fiscal restraint in its recent fall economic statement.
Governments looking to provide inflation relief to Canadians should choose measures that are well targeted and temporary, says Bank of Canada governor Tiff Macklem.
A federal Liberal cabinet minister from Alberta says he's extremely concerned that Premier Danielle Smith is moving forward with her proposed sovereignty act, which he sees as an attack on Canadian unity.
When youth lend their voices and expertise to the decision-making spaces that disproportionately impact their future, they increasingly search for policies and programs that amplify their needs.
In Victoria, the province’s most expensive city, two adults working to support two children would need to make at least $24.29 an hour to afford rent, groceries and other key expenses, according to a new analysis by the Canadian Centre for Policy Alternatives.
Bank of Canada senior deputy governor Carolyn Rogers says addressing supply problems could help ease inflationary pressures but such policies wouldn't substitute the need for higher interest rates.
Any significant attempt right now to help Canadians contend with inflation would be like trying to put a fire out with gasoline, writes columnist Max Fawcett.
As another interest rate hike looms, Finance Minister Chrystia Freeland is emphasizing the Bank of Canada's independence after criticism from federal NDP Leader Jagmeet Singh.
Natural gas and electricity prices in Europe have plunged from summer peaks thanks to mild weather and a monthslong scramble to fill gas storage ahead of winter and replace Russian supplies during the war in Ukraine. It's a welcome respite after Russia slashed natural gas flows, triggering an energy crisis that has fueled record inflation and a looming recession.