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economic

Nearly 23% of the Canadian population reported food insecurity in 2022

by Anas Siddiqui
Nearly 23% of the Canadian population reported food insecurity in 2022

Nearly nine million Canadians lived in food insecure households in 2022, with 22.9 per cent of the population reporting some form of food insecurity, according to a Statistics Canada report released …

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Poilievre blasts budget, won’t commit to keeping new social programs like pharmacare

by Akin Smith
Poilievre blasts budget, won’t commit to keeping new social programs like pharmacare

Conservative Leader Pierre Poilievre delivered an hour-long rebuttal to the Liberal government’s budget Thursday — a fiery speech that depicted the multi-billion dollar spending plan as a threat to the …

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Faced with a possible second Trump presidency, French PM says Europe needs security independence

by Walter Watson
Faced with a possible second Trump presidency, French PM says Europe needs security independence

As the world braces for an election that could return Donald Trump to the White House, the prime minister of France says he doesn’t want his country’s security, or the security of …

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Joe Biden, Fumio Kishida to announce ‘historic’ agreement upgrading US-Japan relationship: top envoy

by Walter Watson
Joe Biden, Fumio Kishida to announce ‘historic’ agreement upgrading US-Japan relationship: top envoy

With Marcos also in Washington next week, “there will be an unprecedented trilateral engagement between [the] three nations”, Campbell added. Biden’s summit with Kishida and Marcos will be the first …

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Some consumers, businesses are feeling more optimistic about the economy, say BoC surveys

by Anas Siddiqui
Some consumers, businesses are feeling more optimistic about the economy, say BoC surveys

The Bank of Canada says business and consumer sentiment improved during the first quarter of the year, despite higher interest rates still putting a drag on the economy. The central …

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Senegal’s president-elect to lead country days after being released from prison

by Walter Watson
Senegal’s president-elect to lead country days after being released from prison

Senegal woke up Tuesday to a new president-elect, Bassirou Diomaye Faye, a former tax inspector and political newcomer who inspired voters, including many unemployed youth, with a vow to fight …

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Bank of Canada worries a rate cut now could overheat the spring housing market

by Anas Siddiqui
Bank of Canada worries a rate cut now could overheat the spring housing market

The Bank of Canada is trying to thread a needle. It’s keeping rates higher for longer at least in part because it’s worried a rate cut now could undermine the …

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Finance deal struck help Indigenous communities build infrastructure

by Anas Siddiqui
Finance deal struck help Indigenous communities build infrastructure

Today, the Canada Infrastructure Bank (CIB) and the First Nations Bank of Canada (FNBC) announced the signing of a $100-million deal to help Indigenous communities borrow money to build infrastructure. For …

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Canadian economy not in recession, but 2023 was one of its weakest recent years

by Anas Siddiqui
Canadian economy not in recession, but 2023 was one of its weakest recent years

The Canadian economy continues to beat recession fears, posting modest growth in the fourth quarter even as high interest rates weighed on consumers and businesses. Statistics Canada reported Thursday that …

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Sooner or later, every NATO country will have to meet defence spending target, says Polish PM

by Walter Watson
Sooner or later, every NATO country will have to meet defence spending target, says Polish PM

All members of NATO will eventually have to fulfil the pledge to spend two per cent of their GDP on defence, Poland’s prime minister said on Monday at the conclusion …

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