Category Archives: Economy
What you need to know about the Bank of Canada following Poilievre’s fiery comments
TORONTO — During Wednesday's Conservative leadership debate in Edmonton, candidate Pierre Poilievre said he would remove Bank of Canada governor Tiff Macklem if he were to be elected prime minister. Poilievre has been critical of the Bank of Canada and...
Poland’s controversial central bank chief secures 2nd term
WARSAW, Poland (AP) — Poland’s controversial central bank chief narrowly won a second term Thursday after the country's governing coalition was able to muster enough votes in parliament for his re-election.
Spain debates if menstrual leave policy will help or hurt
MADRID (AP) — A government proposal that could make Spain the first country in Europe to allow workers to take menstrual leave has sparked debate over whether the policy would help or hinder women in the workplace.
Co-op housing could help solve Canada’s affordability crisis, advocates say
Ayanna Inniss believes the co-op movement could be part of the solution to this country's housing affordability crisis. The Edmonton-area woman still remembers the "soul destroying" experience of looking for affordable housing 20 years ago, before she ...
UK withholds security advice over peerage for oligarch’s son
LONDON (AP) — The British government refused Thursday to reveal whether intelligence agencies expressed concerns about the decision to award a noble title and a seat in Parliament to a newspaper owner whose father was a KGB agent.
White House, senators have ‘sympathy’ for Canada’s position on Line 5, says Wilkinson
WASHINGTON — White House officials, Capitol Hill lawmakers and the U.S. secretary of energy have all expressed "significant sympathy" for the plight of Canada's Line 5 pipeline, Natural Resources Minister Jonathan Wilkinson said Thursday after a day of...
Parents swap, sell baby formula as Biden focuses on shortage
WASHINGTON (AP) — President Joe Biden stepped up his administration's response to a nationwide baby formula shortage Thursday that has forced frenzied parents into online groups to swap and sell to each other to keep their babies fed.
Biden cancels offshore oil lease sales in Gulf Coast, Alaska
WASHINGTON (AP) — The Biden administration is canceling three oil and gas lease sales scheduled in the Gulf of Mexico and off the coast of Alaska, removing millions of acres from possible drilling as U.S. gas prices reach record highs.
Manitoba business group wants tax review; premier says she’s willing
WINNIPEG — The Manitoba government is open to the idea of a wide-ranging review of its taxes to remain competitive with other provinces, Premier Heather Stefanson said Thursday. "We're always looking at better ways to deliver services to Manitobans and...
Full power from N.L.’s Muskrat Falls hydro project at least a year away, says report
ST. JOHN'S, N.L. — With a new report saying full power from Newfoundland and Labrador's Muskrat Falls hydro project is at least a year away, the head of the province's Crown energy corporation says there's a backup plan in place. The
