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Tag: Canada economy

Canada / News

Canada negotiating to purchase Saab’s GlobalEye airborne early warning system

May 27, 2026May 27, 2026 - by cmedia

Toronto/CMEDIA: Canada is reportedly negotiating a deal with Saab to buy its GlobalEye airborne early warning aircraft, Canada’s Prime Minister Mark Carney announced on Wednesday. Subject to the contracts being signed, …

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Canada

Bank of Canada retains 2.25% key rate in the face of Middle East tensions and rising inflation risks

April 30, 2026April 30, 2026 - by cmedia

Ottawa/IBNS-CMEDIA: The Bank of Canada held its benchmark overnight interest rate at 2.25% on Wednesday, citing global uncertainty driven by the Middle East conflict and evolving US trade policy. The …

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Canada

Youth hiring boost: Canada unveils 100,000 summer job opportunities amid labour market crunch

April 21, 2026April 21, 2026 - by cmedia

Ottawa/IBNS-CMEDIA: Canada has launched the 2026 hiring cycle for its youth employment programme, offering up to 100,000 summer job opportunities for young people amid a tightening labour market. Patty Hajdu, …

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Canada / Environment / Finance/Business

‘From an environmental perspective it makes no sense, and economically, even less’: McKenna on Canada’s oil industry

April 19, 2026April 19, 2026 - by cmedia

Montreal/CMEDIA: Former environment minister Catherine McKenna reportedly accuses the leaders of Canada’s oil industry in putting both the economy and environment at risk. Canada’s official greenhouse gas inventory published last week …

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Canada / Finance/Business

Canada’s services economy in March shrank for a fifth straight month

April 6, 2026April 6, 2026 - by cmedia

Toronto/CMEDIA: Canada’s services economy reportedly shrank in March for a fifth straight month owing to the Middle East crisis. A decline in new business, and increased operating expenses were seen as revealed by the S&P …

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Arts/Culture / Canada / Finance/Business

Canada invests over $40 Million on Toronto’s Harbourfront Centre

March 31, 2026March 31, 2026 - by cmedia

Toronto/CMEDIA: A renewed investment reportedly of more than $40 million in the Harbourfront Centre in Toronto was announced today by Marc Miller, Minister of Canadian Identity and Culture and Minister responsible for Official …

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All Finances / Canada

“Tough job” ahead, says Bank of Canada amid deep structural shifts in the economy

March 27, 2026March 27, 2026 - by cmedia

Ottawa/IBNS-CMEDIA: The Bank of Canada faces “a tough job” as structural changes reshape the economy, Senior Deputy Governor Carolyn Rogers said Thursday, warning that the next five years could be as …

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Canada / Finance/Business

Canada’s economy shrank 0.3% in Aug

October 31, 2025October 31, 2025 - by cmedia

Toronto/CMEDIA: Against widespread expectations,  Canada’s economy shrank in August with no growth, Statistics Canada data showed on Friday. Canada’s  economy might escape a recession in the third quarter, according to the advanced …

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Canada / Polical Science / Politics

‘After my visit to UN Gen Assembly…assure Canadians…light…possibilties’: Carney

September 24, 2025September 24, 2025 - by cmedia

New York/CMEDIA: Canada’ Prime Minister Mark Carney reportedly sees many possibilities for Canada after he attended the United Nations (UN) General Assembly in New York this week, where the US …

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Canada/US

Canada’s new PM, Mark Carney is eager to connect with US Pres Trump

March 16, 2025March 16, 2025 - by cmedia

Ottawa/CMEDIA: Canada’s new Prime Minister Mark Carney reportedly looks forward to a conversation with U.S. President Donald Trump “as soon as possible.”  The Canadian side has reached out to the U.S. …

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