Finance
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gas prices

Every single day last week the U.S. experienced record-breaking gas prices

Last week, between May 9th and May 15th, the United States a new record-breaking gas price high for the national average per gallon gas price.
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infrastructure plan

Amazon’s Jeff Bezos supports Biden’s tax rate hike and omnibus ‘infrastructure plan’

Monopolistic tycoon Jeff Bezos, who founded Amazon and is now the world’s richest man with a net worth of $188.5 B, supports U.S. president Joe Biden’s corporate tax hike and ‘infrastructure’ plan.
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budget

Catherine McKenna’s Minister of Infrastructure fails another Audit, billions unaccounted for

Karen Hogan, Auditor General, found numerous inconsistencies and incomplete information when auditing the $187.8 billion 12-year ‘Investing in Canada Plan’.
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conservative party of canada

Poilievre moved out of finance critic role as Conservative leader O’Toole shuffles critic roles

On Wednesday, Erin O’Toole, the leader of the Conservative Party of Canada shuffled his caucus roles and moved the popular Pierre Poilievre out of his finance critic position into job and industry critic.
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finance

“Market Populism”: How a Reddit community fought off establishment hedge funds

In a historically unprecedented battle between retail investors and large, capital-heavy hedge funds, an army of Reddit users proved that the people can have their say on the financial markets.
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covid19

Canada likely to remain in economic decline during 2021

The Bank of Canada says the first quarter of 2021 will witness a decline in GDP, and vulnerable service-industry workers are likely to be hit the hardest by the recent and ongoing lockdowns.
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bitcoin

Economist and former Canada Prime Minister says Bitcoin could become a ‘world reserve currency’

Stephen Harper was Canada’s Prime Minister from 2006 to 2015. He earned a bachelor’s degree and a master’s degree in economics from the University of Calgary.
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finance

NASDAQ demands SEC imposes minority board quotas in order to be listed on stock exchange

NASDAQ Inc, the stock exchange operator has filed a proposal with the Securities and Exchange Commission, the main financial regulating body in the United States, to impose diversity quotas on company boards if they want to be listed publicly.
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chrystia freeland

BREAKING: Gloomy prospect for Canada as federal budget deficit nears the $400bn mark

Canada’s budget deficit is set to hit the historical figure of C$381.6 billion as the federal government’s spending continues. The Trudeau government is also considering another C$100bn stimulus package once the virus is curtailed.
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2020 election

U.S. GDP soars with record 33.1% rebound in third quarter, setting US economy on track to recovery

The US gross domestic product, the main indicator of economic activity, grew at an annualized 31% rate, a new record indicating the US is on track to economic recovery.
canada

Justin Trudeau says “No government, politician, or man should tell a woman what she can and cannot do with her body” over Roe v. Wade

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Justin Trudeau says “No government, politician, or man should tell a woman what she can and cannot do with her body” over Roe v. Wade

canada

Canada’s passport issuing agency suspended nearly 250 employees because of vaccine mandate, now faces unprecedented backlogs

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Canada’s passport issuing agency suspended nearly 250 employees because of vaccine mandate, now faces unprecedented backlogs

coal

Germany to restart coal-fired power plants and reduce domestic natural gas consumption 

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Germany to restart coal-fired power plants and reduce domestic natural gas consumption 

canada

Bank of Canada cautions that mortgage payments could increase by up to 45% for some borrowers by 2025

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Bank of Canada cautions that mortgage payments could increase by up to 45% for some borrowers by 2025

justin trudeau

Trudeau-appointed Governor General and entourage spend nearly $100,000 on in-flight catering 

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Trudeau-appointed Governor General and entourage spend nearly $100,000 on in-flight catering 

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