Spending on prescription and over-the-counter drugs in Canada is rising faster than spending on hospitals or doctors, according to the latest official snapshot of how health-care dollars are allocated across the country. The total amount... read more
Financial Education Has Evolved. CFEE has observed the changes in and evolution of financial education over many years now. There has been a continuous escalation in the recognition of the importance of financial capability in... read more
Jim Stanford is Harold Innis Industry Professor of Economics at McMaster University. No one should be surprised Ontario Premier Doug Ford cancelled the upcoming increase in the province’s minimum wage. It was scheduled to jump... read more
The Canadian Foundation for Economic Education is delighted to announce that IG Wealth Management has stepped up to sponsor the Classroom Edition of The Globe and Mail. With help from The Globe, we will be... read more
Stephen Poloz, Governor of the Bank of Canada, recently announced another increase in the overnight interest rate – which is the Bank’s “policy interest rate – or PIR.” That has an impact on other interest... read more
Our strange debt dichotomy: People are stressing like crazy about what they owe, but not seeking help. The pressure on households only gets worse in the near-term outlook. The latest Bank of Canada interest rate... read more
Personal income tax revenue shot up by nearly $10-billion last year according to a federal government report that attributes the gain to a strengthening economy and the ripple effect of tax changes aimed at raising... read more
(Article by Gary Rabbior, President, Canadian Foundation for Economic Education) In the beginning … On January 1st, 1993, the North American Free Trade Agreement – otherwise known as NAFTA – came into effect. That agreement,... read more
Canada and the U.S. have reached a tentative deal to overhaul the North American free-trade agreement after intensive weekend talks, trading access to Canada’s protected dairy market for the preservation of a key dispute-resolution system... read more
Canada is “running out of time” to join a revamped North American free-trade agreement with the United States and Mexico, the top U.S. trade negotiator says. Speaking on Tuesday in New York, U.S. Trade Representative... read more
Canada’s top cybersecurity official says Ottawa is confident sufficient safeguards exist to deal with the risks of telecommunications hacking or spying by China, dismissing the need to follow the United States and Australia in barring... read more
The Liberal government’s tax on Canada’s top 1 per cent failed to produce the promised billions in new revenue in its first year, as high-income earners actually paid $4.6-billion less in federal taxes. The Liberal... read more
Saudi Arabia’s Energy Minister says the diplomatic rift with Canada won’t disrupt the kingdom’s oil sales to Canadian customers, an announcement that demonstrates there are limits to the retaliation Riyadh is willing to mete out... read more
The United States has filed complaints against Canada and other countries at the World Trade Organization for retaliating against President Donald Trump’s tariffs on steel and aluminum. Mr. Trump’s trade chief, Robert Lighthizer, announced five... read more
Canada’s household debt load took a notable step back from near-record levels in the first quarter of the year, as the trifecta of tougher mortgage rules, rising interest rates and accelerating incomes delivered a dose... read more
