The economy is always a hot topic, and for good reason. It can affect everything from the cost of groceries to the interest rates on your mortgage. In this section of the site, we explore the Canadian economy, economic statements and budgets from the government and how the economy is affecting everyday Canadians and businesses.
We also provide analysis of how different economic policies could affect you and your family. Stay up to date on all things related to the Canadian economy right here.
Hub readers this week discussed the issues of housing affordability, the federal government’s spending on EDI research, the return of the “Great Canadian Slump,” and polling on how Canadians’ are feeling about a potential second Trump presidency.
Unfortunately, income growth has stalled to rates rarely seen in Canadian history. Only twice in the past century have we lived through more sluggish growth than today—both during serious recessions.
Productive investments are badly needed, both from the public and private sectors. But because both the federal and provincial governments have failed to show restraint on spending, fiscal capacity has been gravely handicapped going forward.
This past week, Hub readers had dynamic discussions on the carbon tax, rising antisemitism in Canada, Doug Ford’s Ontario budget, and why Holy Week also matters for the non-religious.
Relative to the long-term average performance, there is still substantial inflationary pressure in the Canadian economy.
These are uncertain times for Canadian business. Poilievre wants corporate Canada to know that he won’t be attending any of their pity parties, especially if they continue to work with the governing Liberals.
Canadian policymakers must make trade easier here at home. Specifically, reduce barriers to trade, investment, and labour mobility between the provinces and territories.
This week‘s edition of The Hub’s Weekly Wrap reflects on some of the past week’s biggest stories, including Pierre Poilievre’s rhetoric deriding the corporate class and championing the working class, political developments around the carbon tax, and what the ongoing revelations of the ArriveCan scandal tell us about the competence of our government.
Readers in Hub Forum this week had discussions on Canada’s lost economic decade, whether Pierre Poilievre’s recent comments are as anti-business as they seem, why Trudeau should stand up to TikTok, and how Canada is viewed by allies and enemies.
By weaving together the principles of liberal democracy with an ethos of abundance, Canada has the opportunity to rejuvenate its economy and reforge a path toward widespread prosperity.
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