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.
housing market

Goldman Sachs predicts home prices could fall 25% from peak

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Goldman Sachs predicts home prices could fall 25% from peak

canada

Justin Trudeau buys Ukraine a new $406 million air defence system

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Justin Trudeau buys Ukraine a new $406 million air defence system

canada

Quebec voters think climate change is a greater priority than inflation, Canadians disagree

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Quebec voters think climate change is a greater priority than inflation, Canadians disagree

Trending

Individual bankruptcies up 16% in Canada as inflation, lockdowns take their toll

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Individual bankruptcies up 16% in Canada as inflation, lockdowns take their toll

immigration

Canada welcomes record-breaking number of immigrants in 2022, surpassing the 2021 record

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Canada welcomes record-breaking number of immigrants in 2022, surpassing the 2021 record

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