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Economy
Economic summit in Saskatoon calls for USMCA implementation
By Nathaniel Dove Digital Broadcast Journalist
PNWER, a group consisting of 10 states, provinces and territories, called upon the U.S. and Canadian federal governments to ratify the new free trade deal. Continue reading
Big Banks vs. Big Tech: Are internet giants poised to take over the financial system?
The IMF report outlines three potential scenarios for the relationship between big tech and commercial banks; coexistence, complimentary and takeover. Continue reading
Only ‘pro-business’ Calgary councillors invited to meeting with municipal affairs minister
By Carolyn Kury de Castillo Reporter
A spokesperson for Kaycee Madu’s office said while the meet and greet was open to all, “invites were extended to members who want to see pro-business, pro-growth policies brought into effect.” Continue reading
‘We are in this mess because leadership is lacking’: Calgary councillor attacks mayor over looming $60M in cuts
By Carolyn Kury de Castillo Reporter
Details of the $60 million in Calgary budget cuts are expected to be released on Monday. Continue reading
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Calgary landlord tackles rising commercial vacancy rates with innovative ideas
By Tomasia DaSilva Reporter
A commercial space in downtown Calgary is bucking the trend and filling 85 per cent of its vacant space. Continue reading
Bank of Canada lowers rate used in mortgage stress test, making it easier to qualify
The central bank’s five-year benchmark qualifying rate is now 5.19 per cent, down from 5.34 per cent. Continue reading
185 jobs to be affected by layoffs at Ford’s Oakville assembly plant
A spokesperson for Ontario economic development minister Vic Fedeli said the provincial government is “disappointed” to hear about the layoff notices, pledging to offer assistance. Continue reading
BIA chair says Locke Street merchants are ‘holding up’ during reconstruction
A sidewalk festival, of sorts, from 6 p.m. until 9 p.m on Friday is part of its ongoing effort to make the best of things during construction. Continue reading
Just 7% of Canadian exporters familiar with CETA as Trudeau pushes trade diversity: survey
The vast majority of exporters, which are positioned to benefit from the Comprehensive Economic and Trade Agreement, could very well be asking: CETA who? Continue reading
NDP government paints rosy economic picture as public accounts show $1.5B surplus
By Simon Little Online Journalist
The NDP is touting its economic record, but storm clouds around ICBC, property transfer tax and the forestry sector remain on the horizon. Continue reading