Latest News
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The federal government’s economic footprint is shrinking at the fastest year-over-year pace in 30 years
In last year’s federal budget, Prime Minister Mark Carney promised to shrink the public service and boost defence spending. We’re starting to see how those policies are playing out across Canada’s economy. When Statistics Canada…
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Alberta proposes southern route for new West Coast pipeline
Summary: Alberta is proposing a southern route for a new oil pipeline from Alberta to Canada’s West Coast, aimed at expanding crude export capacity to Asian markets and reducing reliance on U.S. export routes [1].…
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July 3/26: Oil prices stable as U.S.-Iran peace efforts hold
Oil prices were steady on Friday and little changed for the week as traders held on to hopes for a successful outcome from attempts to secure peace between the United States and Iran. Brent futures…
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Materials sector leads TSX higher as U.S. jobs data cools Fed hike fears (july 3/26)
Canada’s main stock index higher on Friday, supported by firmer gold prices after a weaker-than-expected U.S. jobs data tempered bets for a near-term Federal Reserve interest rate hike. At 9:47 a.m. ET, the S&P/TSX composited…
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Oil falls to four-month low as U.S., Iran conclude talks in Doha
Oil prices fell more than 1 per cent to a four-month low on Thursday as concerns over supply disruptions eased after mediator Qatar said Iran and the U.S. made progress in talks over ending the…
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U.S. job creation cools in June with payrolls growth of just 57,000; unemployment rate at 4.2%
https://www.cnbc.com/2026/07/02/jobs-report-june-2026-.html
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TSX edges higher after June U.S. jobs report eases rate hike bets
Canada’s main stock index edged higher on Thursday, lifted by the materials sector as gold prices jumped after a disappointing U.S. jobs report tempered expectations for interest rate hikes. The Toronto Stock Exchange’s S&P/TSX Composite…
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Oil set for steepest quarterly loss since 2020 as traders focus on U.S.-Iran talks
Oil prices were heading on Tuesday for their biggest quarterly loss since the COVID-19 pandemic in early 2020, with investors eyeing potential U.S.-Iran talks in Doha amid a strained interim ceasefire in the four-month-old war.…
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Canada’s GDP rebounds from first-quarter contraction to post 0.5% monthly gain in April
The Canadian economy was back in growth mode to start the second quarter, rebounding from a mild contraction in the first three months of 2026. Statistics Canada said Tuesday that real gross domestic product rose…