Today, Standard and Poor’s downgraded the Alberta government’s credit rating in part due to “concerns of weak budgetary performances and rising debt burden.”
Other Topics
When federal Finance Minister Bill Morneau meets with his provincial and territorial counterparts next week, expanding the Canada Pension Plan will be on the agenda.
Housing markets in Canada’s largest cities are once again the subject of national news, this time because of an increase of the minimum down payments for government-backed mortgages.
A higher target rate will raise uncertainty about future inflation and be costly for the economy.
On the mainline general-interest CBC shows, you almost never hear praise for markets.
The issue of whether the new federal government requires explicit approval of the electorate via a referendum to change the way parliamentarians and our federal government is elected is gaining a surprising amount of attention.
In the latest development in the ongoing dispute between Canada and the United States concerning country-of-origin labelling (or COOL), Canada won the right to impose retaliatory trade sanctions to the tune of roughly $780 million.
Recent skills shortages in Western Canada, and a curtailment of the use of temporary foreign workers, make a single national labour market even more important.
According to recently released data from Statistics Canada, Canadians are having fewer children, which means the average number of people per household has been declining—a fact that will inform the debate about income inequality.
The Ontario government is considering subsidies for the province’s fashion industry, which is a bad a idea for many reasons.
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