All Economy stories

Is financial therapy the solution to all your problems?

Financial therapy can help address emotional blocks to financial well-being. But is it worth it?

Canada has a tariff dilemma

Tariffs recently announced by the U.S. on a slew of Chinese imports have forced Canada to answer some tough questions about its climate plans.

Catch up: Last week, the Biden Administration slapped new tariffs on a range of made-in-China goods, including electric vehicles, semiconductors, solar cells, and batteries.

April’s job numbers threw a wrench in rate cut plans

April’s surprising job numbers have analysts rethinking when interest rate cuts might roll in.

Inflation isolation is on the rise

More Canadians are staying at home to avoid spending money, amid higher costs of living. 

Don’t only count on your parents to fund your future

Over half of younger Canadians are banking on inheritances to fund their retirement, but it may not be that simple.

You’ve probably applied for a ghost job

That job you’re applying for might not even exist.

New grads are struggling to find work

Businesses grappling with the effects of high interest rates are pulling back on hiring, making it tough for new graduates to land jobs, says a recent RBC report

Alberta is calling… again

Alberta is learning that — while putting out an open invite is fun — sometimes you want to be more picky about who you have over.

What happened: Alberta launched the third phase of its Alberta is Calling campaign, which successfully lured in throngs of workers with its siren song (read: tax incentives and lower cost of living).

Canada’s got a GDP per capita problem

Even with AI tools, highly caffeinated beverages, and a roster of podcasts eager to tell us all how to work “smarter,” Canadians are in a bit of a productivity slump. 

Driving the news: Canada’s economic output per person has fallen below its long-term trend by 7% — a loss of around $4,200 per person — according to a new report by Statistics Canada.

A novel theory about the economy suggests rates need to come down to beat inflation

Central banks have a simple formula for fighting inflation: raise interest rates, wait for the economy to weaken and demand to fall, and inflation will soon follow suit. 

What if the formula is wrong?

Catch up: Some experts are making the case that higher interest rates are now driving stubborn inflation that’s sticking around both in the U.S. and Canada.