All Economy stories

Black Friday is here

Canadians are projected to spend 13% less on gift-giving this year as they save money for essentials, but that doesn’t necessarily mean Black Friday will be a total bust for retailers. 
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Wage growth vs. High inflation

Canada’s biggest private unions are looking for some of the largest pay gains seen in a generation to make up for the damage inflation has inflicted on consumer purchasing power.
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The Bank of Canada will lose money for the first time

The Bank of Canada (BoC) is on track to give “monetary tightening” a whole new meaning by losing between $5 billion and $6 billion over the next few years. 
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US military enlists Canada for critical mineral build-out

The US military is looking to fund mining projects in Canada to boost friendly supplies of critical minerals, like lithium and cobalt, per the CBC.

Why it matters: Canada is not a significant producer of most critical minerals, but that could change if the US military tosses a few hundred million dollars into the sector.
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Rise of the unretired

Retirees used to spend their time sunning in Florida. These days, they’re going back to work
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The four-day workweek makes strides

Unilever, the multinational giant that owns brands from Ben and Jerry’s to Dove soap, is the biggest corporation yet to give a big thumbs up to a potential four-day workweek. 
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Addressing recession fears

Nothing says fall like a pipin’ hot plate of economic analysis.
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Education workers walk

Over 55,000 Ontario education workers, including early childhood educators, educational assistants and custodians, are set to walk off the job today. 
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The journey to 5% interest

The US Federal Reserve raised interest rates by 75 percentage points, bringing its benchmark rate range to 3.75%-4% and effectively making any type of debt (mortgages, credit cards, auto) a little bit pricier.
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Canada’s open for skilled labour

The feds have flicked on a big, bright “OPEN” sign with a new three-year immigration plan to get skilled workers into the country (and address that darn labour crunch). 
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