Category: Uncategorized
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John Manley: This is no time to break up Canada
For much of our history, Canadians have worried about national unity. We may be tempted to do it again. Alberta will vote this October on whether the province should remain in Canada or whether its government should begin the legal process leading to a future referendum on separation. Meanwhile, the separatism discussion remains part of…
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Posthaste: How Canada could trigger the biggest investment ‘supercycle’ in decades
Canada is on the verge of an investment “supercycle” and its trade war with the United States might be the perfect time to make the bold changes needed to unlock it, according to a new report from Toronto-Dominion Bank. The bank forecasts Canada’s growth in real gross domestic product (GDP) will double by 2027, but…
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Canada’s economy posts fastest growth in three years
Canada’s economy grew by 3.3 per cent on an annualized basis in the second quarter of 2026, marking the fastest quarterly expansion since 2023. Economists were expecting the strong showing after a string of data released showed signs the economy was rebounding from a slow start to the year. Statistics Canada also released revised data…
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AIMCo assets top $200 billion as public equities drive gains
Alberta Investment Management Corp. surpassed $200 billion in assets under management with a 7.1 per cent net investment return in the first half of the year marked by conflict in the Middle East, U.S. trade policy uncertainty and evolving inflation expectations. The provincial Crown corporation that invests on behalf of pensions, endowments and government funds…
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Canadian consumers will feel the pinch from tariffs, just not right away, economists say
Canada’s counter-tariffs could add pressure on households amid already rising living costs, but the full impact may not be felt until months from now, economists say. The Canadian government released a large list of U.S.-made products that will be subject to counter-tariffs of between 15 and 50 per cent, which will take into effect on…
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Chapman’s Ice Cream pledges to cut American ingredients without raising prices
Chapman’s Ice Cream , the largest independent ice cream manufacturer in Canada , has pledged to completely shift away from United States companies and ingredients — without increasing its prices for Canadian customers — in response to “ unjustified tariffs ” imposed by the United States. In posts on its social media on Aug. 26,…
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Canada adds 50% tariffs to U.S. copper wire, wood charcoal
Canada added 50 per cent tariffs on United States-made copper wire and wood charcoal to its retaliation list as a replacement for its removal of fish and seafood products, according to the Department of Finance . Prime Minister Mark Carney’s government is aiming to match its counter-tariffs with the value of annual imports, about US$20…
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Gold tops US$4,600 as investors weigh Fed path before Jackson Hole
Gold traded above US$4,600 an ounce as investors turned their focus to the Federal Reserve ’s interest-rate path ahead of the annual Jackson Hole gathering. Bullion swung between gains and losses on Thursday after snapping a five-day winning streak the prior day. United States economic data this week showed that inflation remained well above the…
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Chapman’s Ice Cream replacing 70% of its American ingredients amid trade war
An Ontario ice cream company is fighting back against “unjustified tariffs” by sourcing more non-American ingredients. “We stand with the Canadian government, and all provinces, in our outright rejection of these unjustified tariffs,” Chapman’s Ice Cream said in a post on its Instagram account Wednesday. The company said it is on track to convert more…
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Suspected arson aimed at Liberal MP is a ‘cowardly act’ of intimidation, Carney says
OTTAWA — Prime Minister Mark Carney said on Thursday that one of his MPs was the victim of a suspected arson, which he called a “cowardly act of violence and intimidation,” in a social media post . Liberal MP Salma Zahid, the MP for Scarborough Centre-Don Valley East, said in a statement that an unidentified…