Economy
Trump’s push for tariffs squeezes a weakening global economy
Global growth was already slated to slip to 3.5% next year from 3.7%.
Central bank holds rate amid oil slump; casts doubt on future hikes
The rate remains at 1.75 per cent; the BoC has been on a gradual rate-hiking path.
B of C expected to hold interest rate as economic clouds gather
Lower growth prospects expected to reinforce Poloz’s strategy of moving very gradually on increases to overnight rate.
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As capital flees, Ottawa continues to push unattractive policies
The money will flow to jurisdictions with more attractive policies.
Ottawa ‘on a different economic planet’: Alberta finance minister
Doesn’t have a clear understanding of economic damage caused by the failure to build new pipelines to coastal waters.
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Ottawa’s fall update: $16B competitiveness response to US tax reforms
Plan to help Canada compete with the US for investment dollars forecasts slightly deeper annual deficits over the coming years.
Analysis: Rising US, China rivalry deepening rifts in Asia
Clash between the world’s two biggest economies is shaking regional amity.
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Ottawa has a competitiveness plan, but it’s unclear how much help is needed
Focus will be on targeted measures to attract investment, rather than broad-based corporate tax reductions.
Manufacturing sales up 0.2% in September: Statistics Canada
Growth in July means the sector had a good third quarter.
Saskatchewan First Nation passes its own legal cannabis law
Chief says the Muscowpetung First Nation’s law exceeds federal standards for cannabis use.
Trudeau lays down challenge to companies in bid to boost trade with Asia [UPDATED]
ASEAN region is nearly 650 million people and already Canada’s sixth-biggest trading partner.
Business leaders meet with Trudeau to discuss corporate tax reform, pay equity
Prime minister says Canada’s current rates continue to be competitive; corporations look at other criteria when deciding where to invest.
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Global economy at stage where stimulus can be ‘steadily withdrawn’: Poloz
Bank of Canada signals it will gradually raise benchmark interest rate from its current level of 1.75% to between 2.5% and 3.5%.
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Canadian competitiveness lags because of US tax reform
635,000 jobs, $85 billion in GDP and $20 billion in government revenue could be at risk.
Ontario, Saskatchewan premiers vow to reduce provincial trade barriers
Ford and Moe said they have signed a memorandum of understanding, will act quickly.
