Current holders of long-term Canadian and U.S. bonds should brace for the possibility of sharp interest rate hikes from the U.S. Federal Reserve, an economist is warning. Among the uncertainties surrounding U.S. President Donald Trump’s plans for fiscal stimulus is the fact that the U.S. economy is already doing well and will likely reach full employment level by the end […]
Economic forecast calls for 3.0% growth.
In an exclusive Q&A, Janice Stein talks about our “hinge moment”
Blogger JJ Woolverton looks at drivers of growth, past and future
When this magazine was founded in 1977, the prime minister was named Trudeau. We’ve come full circle. Like his father, Justin Trudeau appears poised to chart a values-based course for Canada. And his party’s strong performance in Quebec ridings gives him leverage to promote federalism and progress toward a Canada that embraces inclusion. Economically, though, […]
Canada’s post-secondary institutions are not producing enough graduates with the right skills to drive future economic growth, warns the head of one of the country’s largest banks. CIBC chief executive Victor Dodig told The Canadian Press in an interview Tuesday that much of the country’s eventual economic success will be generated by entrepreneurs who commercialize […]
Greece struck a deal with European creditors Tuesday on economic measures it needs to make to get its next batch of bailout money, including a 10 billion-euro ($10.7 billion) cash injection for its crippled banks. Though the government of Prime Minister Alexis Tsipras had already made many of the reforms required by its third international […]
The Bank of Canada is launching what it calls an ambitious research agenda to further explore how other countries have responded to a financial crisis that has stretched conventional monetary policy “to its limits.” Senior deputy governor Carolyn Wilkins says the central bank must be innovative with its existing monetary tools — particularly since structural […]
The federal government will open its books to public scrutiny before the end of the year, Finance Minister Bill Morneau promised Tuesday after a report warned that deteriorating economic conditions could drive Canada into deeper deficits. The report by the parliamentary budget officer suggested the new Trudeau government was on track to face larger-than-expected baseline […]
Immediately after U.S. President Barack Obama denied a permit for the Keystone XL pipeline, TransCanada Corp. vowed to review all of its options. Unfortunately for the Calgary-based company, none of those options are quick, simple or sure to succeed, according to a Washington, D.C., lawyer who at one time dealt with energy issues at the […]