All Economy stories

Markets hang onto their caps

It’s been a rough week for markets as we wait for a vibe check on the economy coming out of the Federal Reserve’s annual policy symposium, kicking off in Jackson Hole today.

Bed Bath & We’re Done

And just like that, 📈nother meme stock craze has come and gone.

VC funding dials down

After a high ride throughout the pandemic, venture capital (VC) funding for Canadian companies has finally come down to Earth

Unions want more money

Last month, Bank of Canada (BoC) Governor Tiff “T-Mack” Macklem pissed off quite a few people after telling business leaders to avoid adjusting wages to keep up with inflation.

Canada looks to cash in on critical minerals

A lowkey provision of the recent US landmark climate bill could be a highkey win for Canada. 

Gas prices pull back inflation

Inflation may have peaked, but still remains “far too high” according to a new op-ed penned by the Bank of Canada (BoC) Governor Tiff Macklem. 

Northern struggles with food insecurity

The global food crisis wreaking havoc on the world’s poorest nations is also taking its toll on Canada’s most remote northern communities.

Next round is on the groom

As the post-pandemic wedding boom picks up in Canada, so are bachelor and bachelorette festivities. The only problem? They’ve become more expensive than ever (thanks, inflation). 

The CPPIB’s last quarter could have been worse

The Canada Pension Plan Investment Board (CPPIB) posted a loss of 4.2% last quarter, or roughly $16 billion—that sounds bad, but it actually outperformed the market (the S&P/TSX Composite Index fell nearly 9% in the same time frame) and other Canadian pension plans.

What Biden’s climate bill means for Canada

The US Senate passed large parts of President Biden’s domestic agenda yesterday in a landmark bill that will spend almost US$400 billion on clean energy programs and put the White House’s climate goals within reach.

Why it matters: As a former Prime Minister once said, living next to the United States “is like sleeping with an elephant [...] one is affected by every twitch and grunt.” And hundreds of billions of dollars in new spending—quite a bit more than a twitch—is going to reverberate through Canada’s economy.