OPEC+ output surge triggers significant dip in global oil prices
Monday, May 5, 2025, 10:13 am more...
In a move that rattled global markets, OPEC+ announced a sizeable production increase, triggering a noticeable fall in crude prices as investors reacted amid thin holiday trading. The production boost has intensified concerns of oversupply and prompted recalibrations in market dynamics.
citynews.ca / S&P/TSX composite down in late-morning trading as oil falls, U.S. stocks mixed
financialpost.com / Posthaste: What happens when OPEC+ messes with the oil market in a world battered by tariffs
globalnews.ca / Oil prices dip, global shares mixed amid thin holiday trading
permalink / 3 stories from sources in 2 hours ago #economy #globaltrade #energy +
Carney government faces coalition woes, recession fears, and climate promises
Saturday, May 3, 2025, 2:20 am more...
Reports indicate that Mark Carney’s administration is juggling a contradictory coalition amid looming economic challenges and mounting calls for bold climate legislation. Critics wryly point out that while the government’s ambitious platform has its admirers, many wonder if lofty promises can survive an impending recession.
torontosun.com / KINSELLA: Jewish Canadians feel abandoned by own government
lapresse.ca / Les chefs autochtones placent leurs espoirs envers le gouvernement de Mark Carney
calgaryherald.com / Answer to a fractured economy: A northern corridor for trade, energy, and reconciliation
lapresse.ca / Du pain brun pour tous
nationalpost.com / NP View: OK Carney, let’s see how you handle Trump
citynews.ca / Indigenous leaders hopeful for Carney-led government on economy, reconciliation
nationalpost.com / Carney’s Quebec honeymoon could turn into a ‘hangover’ in a province with high expectations
thehub.ca / The Notebook with Theo Argitis: From rhetoric to reality for Mark Carney
thehub.ca / The Weekly Wrap: Mark Carney’s contradictory coalition
ledevoir.com / Le plus dur reste à venir pour le gouvernement Carney
ledevoir.com / Une lueur d’espoir sur le front climatique
permalink / 11 stories from sources in 2 days ago #politics #economy #climate #carney +
CRA non-renewal decision triggers mass temporary layoffs across Canada
Friday, May 2, 2025, 1:21 pm more...
The Canada Revenue Agency has confirmed that more than 1,000 term workers will not have their contracts renewed when they expire on May 16. The union and affected employees now face an abrupt exit from service amid this bureaucratic shake-up.
citynews.ca / CRA won’t renew contracts for more than 1,000 term workers, union says
thestar.com / CRA won't renew contracts for more than 1,000 term workers, union says
ottawacitizen.com / CRA to layoff more than 1,000 temporary workers in May
permalink / 3 stories from sources in 2 days ago #federal #economy #employment #canada +
Carney's First Moves Ignite Economic Debate and Policy Scrutiny
Friday, May 2, 2025, 7:21 am more...
Following his recent electoral victory, Mark Carney wasted no time diving into a high-stakes policy sprint. The government is addressing U.S. trade tensions while facing skeptical economists who question his deficit strategy and infrastructure priorities. Critics and supporters alike are already sharpening their pencils for a debate that promises to be as spirited as it is contentious.
Bluesky: @theglobeandmail.com, @halfpintptbo.bsky.social, @thebeaverton.com, @theglobeandmail.com, @moe456.bsky.social, @lapresse.ca
theglobeandmail.com / Alberta Premier Smith says meeting with PM Carney a ‘positive first step’
thestar.com / Alberta Premier Smith says meeting with PM Carney a 'positive first step'
globalnews.ca / Saskatchewan premier Scott Moe meets with Prime Minister Carney after election
torontosun.com / WATCH: Carney confirms Washington, D.C. meeting with President Trump after election win
citynews.ca / Carney’s spring to-do list includes Trump and trade barriers
financialpost.com / Gary Mar: If Mark Carney wants to unlock Canada's potential, he must start with the West
cp24.com/ / Mark Carney announces timing of trade meeting with Donald Trump - CP24
financialpost.com / Carney promises ‘biggest transformation’ of economy in a generation in first press conference
nationalpost.com / Why Mark Carney isn’t moving into the official prime minister’s residence
theglobeandmail.com / Carney says he expects 'difficult but constructive' talks with Trump
ledevoir.com / Le roi Charles, mais d’abord Trump : un gros mois de mai pour Mark Carney
torontosun.com / Carney won’t enter a formal agreement with NDP to shore up minority government
citynews.ca / Mark Carney says he would quickly call byelection for Pierre Poilievre
financialpost.com / As Carney prepares to engage with Trump, fate of CUSMA hangs in the balance
cp24.com/ / Carney announces King Charles will deliver throne speech - CP24
lapresse.ca / Mark Carney rencontrera Donald Trump la semaine prochaine
citynews.ca / Prime Minister Carney to meet with U.S. President Trump on Tuesday
thestar.com / Prime Minister Carney to meet with U.S. President Trump on Tuesday
theglobeandmail.com / Coming up: Carney to hold first press conference since election win
thebeaverton.com / Trump sends Carney a congratulatory basket of deported children
nationalpost.com / Mark Carney to host first post-election press conference Friday morning
theglobeandmail.com / Indigenous groups call on Carney to rein in Alberta Premier over separation comments
financialpost.com / Mark Carney set to meet Trump at White House early next week
nationalobserver.com / PM Carney will outline government priorities in first news conference since election
edmontonjournal.com / Lorne Gunter: Carney unlikely to do anything to ease Alberta sovereignty talk
globalnews.ca / Carney to outline government’s priorities as Liberals head into 4th mandate
cbc.ca / AT ISSUE | Carney's first moves
nationalpost.com / Jamie Sarkonak: Mark Carney’s election win already has economists worried
edmontonjournal.com / Friday's letters: Carney needs to build a pipeline
permalink / 29 stories from sources in 3 days ago #economy #finance #publicpolicy #carney +
Calgary real estate market sees notable April sales downturn
Thursday, May 1, 2025, 4:21 pm more...
Calgary’s housing market took a hit as the Real Estate Board reported a significant drop in home sales during April amid economic uncertainty. The slump has raised questions regarding buyer confidence and market stability, prompting industry experts to closely monitor trends for indications of a broader slowdown.
calgaryherald.com / Home sales fall in April amid economic uncertainty, Calgary Real Estate Board says
theglobeandmail.com / Calgary home sales drop in April as economic uncertainty continues, real estate board says
permalink / 2 stories from sources in 3 days ago #economy #housing #business #albert +
US GDP contracts in Q1 amid tariff tensions
Wednesday, April 30, 2025, 11:22 am more...
U.S. economic activity faltered unexpectedly in Q1 with a 0.3% annualized GDP decline, fueled by tariff-driven import pressures. The surprise contraction underscores mounting concerns over trade tensions and economic momentum as policymakers and market watchers scramble to interpret the fallout from ongoing tariff disputes.
nationalpost.com / U.S. Senate votes against resolution to block Trump’s global tariffs amid economic turmoil
globalnews.ca / Stock markets drop on news that U.S. economy shrank amid tariffs
globalnews.ca / U.S. economy contracts in Q1 amid impact from tariff-fueled imports
ledevoir.com / Recul surprise du PIB des États-Unis au début du mandat de Donald Trump
permalink / 4 stories from sources in 5 days ago #economy #finance #trade #tariffs +
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