Economy
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Job losses in manufacturing impact employment rates, wages
Statistics Canada study (2000 to 2015) offers some insight for men, but women require more research.
Recurring federal deficits could be risky for future generations: study
Federal debt should reach $713 billion at the end of the current fiscal year and grow to $810 billion by 2024-2025.
US-China trade pact signing to ease tension but leaves much undone
Phase 1 pact does little to force China to make the major economic reforms – such as reducing unfair subsidies for its own companies.
Environmental issues top worries at World Economic Forum
Global warming, extinction of animal species ahead of risks such as cyberattacks, recession and nuclear proliferation.
China welcomes currency decision ahead of trade deal with US
Mnuchin says Beijing has made “enforceable commitments to refrain from competitive devaluation.”
Bank of Canada survey suggests business confidence up
Outside of energy-producing regions, reports of improved indicators of future sales are widespread.
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Environment, protecting economy key focus to 2020 budget: Morneau
Health care and safety issues, such as gun control, are also spending plan themes.
Bank of Canada watching global trade impacts
Looking to see how weakness from manufacturing may spread to services, employment, consumer spending or housing.
Federal finances are on the razor’s edge
Government can’t continue to ignore the warning signs of a slowing economy.
World Bank sees modest global 2020 rebound but trade a risk
Global economy to grow 2.5% this year, up only slightly from 2.4% growth in 2019, the weakest performance since the 2008 financial crisis.
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Climate change, aging population major economic factors in 2020s
RBC report forecasts Canada will accelerate its transformation from natural resources to a services economy.
Statistics Canada says annual pace of inflation climbs to 2.2%
Gasoline prices were up 0.9% year-over-year compared with a drop 6.7% in October.
Sluggish investment threatens Canada’s prosperity
The only way to raise living standards and incomes is by building a more productive economy, yet politicians are mum on the subject.
World trade without rules? US shuts down WTO appeals court
Risks rising protectionism as countries could use tariffs and other sanctions to limit imports.
Digital economy’s environmental footprint is threatening the planet
Cloud computing, data centres, artificial intelligence and cryptocurrencies consume large amounts of electricity.
