Do sin taxes work? Governments around the world, including in Canada, have for decades slapped taxes on products deemed to be socially problematic. Alcohol and tobacco are long-standing examples; sugar has lately joined that list.... read more
An increasing number of companies are passing along higher input costs to consumers, a sign of inflationary pressure as the economy recovers from the pandemic. In recent weeks, several publicly listed companies have said they’re... read more
Measured in number of pages and volume of words, Finance Minister Chrystia Freeland’s budget is bigger than anything produced by any of her predecessors. There’s a lot in it, because a minority government eyeing an early election... read more
U.S. president-elect Joe Biden plans to cancel the Keystone XL pipeline expansion as one of his first acts in office, transition documents suggest, dealing a blow to Canadian efforts to get the project built and... read more
Canada’s business with China appears to be thriving during the pandemic even as diplomatic relations remain in a deep freeze. Exports to China increased close to 10 per cent in the first seven months of... read more
inance Minister Chrystia Freeland delivered a fiscal update Monday that promises a stimulus plan of up to $100-billion will launch once the COVID-19 crisis eases, but the government won’t release the details of that plan... read more
Nearly three years after announcing $1.5-billion in new financing programs for foreign aid, Ottawa has disbursed only a tiny fraction of the promised money: just $120,000 so far. The Trudeau government won praise from aid... read more
Lots of attention has been paid to the financial risk-takers in the pandemic – the people bidding to buy houses, buying expensive stocks and dipping into speculative things like gold and bitcoin. But the ones who may... read more
Top Concern – Health During the Coronavirus pandemic, the number one concern on virtually everyone’s mind is their health and avoiding the risk of infection. That concern is well placed and it is what is... read more
The federal government said a B.C. judge’s refusal on Wednesday to end an extradition case against Chinese telecom executive Meng Wanzhou was entirely out of its hands as it braced for economic retaliation from Beijing.... read more
The economy is being held together with financial duct tape right now, but people are starting to worry about inflation. Inflation fears arise from massive government spending to support the economy through the pandemic. Inflation... read more
U.S. President Donald Trump is threatening economic retaliation against China over its handling of COVID-19, tying the pandemic into his long-running trade war in an escalating clash between the world’s superpowers. The President and some... read more
Yung Wu is CEO of MaRS Discovery District Entrepreneurs everywhere are scrambling for lifelines during this crisis. In recent days, we’ve heard appeals from aviation, energy, agriculture, small business – anyone with payroll to meet... read more
