Implementing guaranteed basic income could cut poverty rates up to 40%, PBO says
The government’s fiscal watchdog says a guaranteed basic income program at the federal level could cut poverty rates in Canada by up to 40 per cent.
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The government’s fiscal watchdog says a guaranteed basic income program at the federal level could cut poverty rates in Canada by up to 40 per cent.
The president of the Automotive Parts Manufacturers' Association says North America’s deeply integrated auto industry would sooner shut down than operate in a trade environment that puts 25 per cent tariffs on parts and vehicles entering the U.S.
U.S. Federal Reserve officials at a meeting last month pointed to rising risks that inflation could worsen, a key reason they kept their benchmark interest rate unchanged.
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Inflation in the U.K. rose to a 10-month high in January, official figures showed Wednesday, an increase that will likely diminish expectations of rapid interest rate reductions from the Bank of England.
An advocacy group is calling on Canada’s public pension managers to use their financial heft to more publicly work to reduce climate change as political efforts become less reliable.
Veteran Canadian economist David Rosenberg says U.S. President Donald Trump’s trade policy proposals could plunge the world economy into recession if they are implemented.
Here are five things you need to know this morning.
Economists expect little movement in Canada’s inflation numbers, if any, when January data is released this week, though the underlying change in prices will be clouded by a full month of the government’s GST break.
Canadian banks and other national institutions have to disclose information about the diversity of their boards of directors and top management under new rules published on Saturday, in sharp contrast with the U.S. Trump administration which is ending such practices.
Critical minerals have become a point of tension between Canada and the U.S. amid an ongoing trade dispute and the resources, which are used to power modern economies, are essential to Canada’s national security, according to experts.
Here’s what investors need to know for the week ahead.
U.S. President Donald Trump said he would unveil new tariffs on automobiles, adding to his wave of sweeping import levies as he seeks to remake global trade relationships and pressure companies to move production to the U.S.
Here are five things you need to know this morning.
Statistics Canada says manufacturing sales rose for a third straight month as they increased 0.3 per cent to $71.4 billion in December.
U.S. President Donald Trump rolled out his plan to increase reciprocal tariffs to match tax rates that other countries charge on imports. The proclamation, unveiled on Thursday, could have wide-reaching implications on global trade with the United States' economic allies and rivals.