6h ago
For the first time in eight years, Canada imported more electricity from the U.S. than it exported amid prolonged dry conditions that have reduced hydroelectric power generation.
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6h ago
For the first time in eight years, Canada imported more electricity from the U.S. than it exported amid prolonged dry conditions that have reduced hydroelectric power generation.
9h ago
The first secretary of the U.S. Treasury was Alexander Hamilton. He was famous for many things, but in my mind, this quote of his is very relevant today: “A national debt, if it is not excessive, will be to us a national blessing."
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Industry players welcomed the open banking measures in the budget, saying it could spur competition in Canada’s lending landscape.
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The nation’s economy slowed sharply last quarter to a 1.6 per cent annual pace in the face of high interest rates, but consumers — the main driver of economic growth — kept spending at a solid pace.
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The Canadian Medical Association asserts the Liberals' proposed changes to capital gains taxation will put doctors' retirement savings in jeopardy, but some financial experts insist incorporated professionals are not as doomed as they say they are.
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Members of the Bank of Canada's governing council were split on how long the central bank should wait before it starts cutting interest rates when they met earlier this month.
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Canadian consumers haven’t tightened their belts this much in nearly a year, and there are no signs of spending growth since the start of 2024.
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A new poll suggests the Liberals have not won over voters with their latest budget, though there is broad support for their plan to build millions of homes.