Articles on Canadian economy

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Prime Minister Mark Carney makes an announcement on the Canada Strong Fund, Canada’s first sovereign wealth fund, at the Canada Science and Technology Museum in Ottawa on April 27, 2026. THE CANADIAN PRESS/Justin Tang

Canada’s new sovereign wealth fund is ambitious, but its design raises questions

As Canada moves forward with the Canada Strong Fund, it’s important to acknowledge and address its potential risks.
The idea for government-run stores assumes the problem is merely retail margins, ignoring many other factors that determine food prices like what is available for sale, how it gets there, where it is grown and who grows it. (Unsplash)

Worried about food prices? Investment in public infrastructure pays

High food prices are a systemic issue, and government should prioritize strengthening food system infrastructure rather than opening public grocery stores.
Canada already has targeted tools for food affordability. A public grocery chain would be a far more expensive way to help far fewer people. (AP Photo/Jenny Kane)

Public grocery stores won’t fix Canada’s food affordability crisis

The idea of government-run grocery stores is gaining traction in Canada and the United States. But evidence suggests the costs would be steep and the benefits poorly targeted.
Changing immigration regimes create uncertainty that post-secondary institutions currently aren’t equipped to accommodate. The Canadian flag flies on the roof of the West Block on Parliament Hill in Ottawa in November 2025. THE CANADIAN PRESS/Sean Kilpatrick

Canada cannot afford to lose international research talent — here’s what needs to change

Canada should redress age biases in the ranking system that serves as the primary mechanism for skilled workers to attain permanent residence in the country.
With the Canadian dollar no longer rising alongside oil as it once did, price spikes now translate more directly into higher living costs for Canadians. Fuel prices are displayed as a person fills up their car with gas at a station in Montreal on March 5, 2026. THE CANADIAN PRESS/Christopher Katsarov

Middle East conflict is pushing oil prices higher — and most Canadians will feel the costs

Oil shocks create winners and losers, but the Canadian dollar no longer softens the blow the way it once did.
Canada once boasted world-class biomanufacturing capacity, particularly in vaccine production. A dose of the measles, mumps and rubella (MMR) vaccination awaits the next patient during a vaccine clinic at Southwestern Public Health in St. Thomas, Ont., on March 2025. THE CANADIAN PRESS/Geoff Robins

Why Canada’s next big infrastructure investment should be in biomanufacturing

As Canada faces renewed trade tensions with the United States, investing in domestic biomanufacturing could strengthen both national security and economic independence.
A teepee is seen on Parliament Hill in Ottawa in August 2021. Canada’s economic future will remain uncertain if short-term solutions keep being prioritized while ignoring the growth potential of the Indigenous economy. THE CANADIAN PRESS/Justin Tang

As Canada’s economy faces serious challenges, the Indigenous economy offers solutions

Economic reconciliation requires support for Indigenous training, providing access to capital for Indigenous organizations and reforming institutions.
Left to right: Manitoba Premier Wab Kinew, Prime Minister Mark Carney, Nova Scotia Premier Tim Houston, Québec Premier François Legault, New Brunswick Premier Susan Holt and Northwest Territories Premier R.J. Simpson during the first ministers meeting in Saskatoon on June 2, 2025. THE CANADIAN PRESS/Liam Richards

Is strengthening the Canadian economic union another way for Ottawa to centralize power?

Mark Carney aims to create of a highly integrated Canadian economy. But will the provinces have their say and will they be considered true partners?
Veteran broadcaster and newly elected Toronto Centre MP Evan Solomon has been appointed Canada’s first-ever Minister of Artificial Intelligence and Digital Innovation. Here he participates in the cabinet swearing-in ceremony at Rideau Hall in Ottawa on May 13, 2025. THE CANADIAN PRESS/Christinne Muschi

What are Canada’s governing Liberals going to do about AI?

Although Prime Minister Carney has appointed Evan Solomon as AI minister, what the Liberals actually plan do with AI is unclear and some proposals are risky.
Canadian Prime Minister Mark Carney leaves the stage at his campaign headquarters after the Liberal Party won the Canadian election in Ottawa on April 29, 2025. THE CANADIAN PRESS/Justin Tang

Mark Carney won: Here are the key economic priorities for his new government

In the face of U.S. tariffs, the new Canadian government should take prudent, urgent and bold steps to strengthen the nation’s economy.
Electronic shelf labels show a maple leaf along with the price, indicating items made or produced in Canada, as a customer reaches for a carton of eggs at a grocery store in Ottawa on April 2, 2025. THE CANADIAN PRESS/Justin Tang

Canadian retailers are seeing a surge in domestic sales amid the ‘Buy Canadian’ movement

Though still in its early stages, the ‘Buy Canadian’ movement is already delivering promising results across the retail sector.
Shoppers on Sainte-Catherine Street take advantage of deals on Black Friday in Montréal on Nov. 29, 2024. THE CANADIAN PRESS/Christinne Muschi

Canada’s holiday tax break will have winners and losers — here’s what you need to know

While the tax break will indeed put more money into consumers’ pockets as the government has claimed, whether it will actually ease inflationary pressure is questionable.
Deputy Prime Minister and Minister of Finance Chrystia Freeland responds to a question from a reporter during a news conference, in June 2024 in Ottawa. THE CANADIAN PRESS/Adrian Wyld

National debt explained: What you should know about Canada’s deficit

National debt can be beneficial and help countries grow their economies, but only if it’s managed properly. Too much debt can become burdensome and cause economic growth and investments to slow down.
Canada should be making room for measures of personal and collective well-being other than GDP, including price stability, lower levels of inequality and happiness. THE CANADIAN PRESS/Adrian Wyld

Economic growth tops the priority list for Canadian policymakers — here’s why

Drawing on insights from their recent book, two academics shed light on why Canada’s anemic growth should be a cause for concern.
The gap between perceived and preferred equality is growing among Canadians. (Shutterstock)

Canadians are losing faith in the economy — and it’s affecting their perception of inequality

Perceptions of extreme inequality undermine peoples’ belief that the economy is working for them. This, in turn, dampens their aspirations to improve their economic lot.
Jessica Rachel Cook, ‘Under the blanket,’ 2023, repurposed church pews, athracite coal, durum wheat, beeswax, antique tools and mixed media. (Frank Piccolo/courtesy of Art Windsor-Essex)

Seeing histories of forced First Nations labour: the ‘Nii Ndahlohke / I Work’ art exhibition

Labour is the central theme for understanding history and legacies of Mount Elgin Industrial School, a former Indian Residential School, in a new exhibition at Art Windsor Essex.
NOSM University, which began as the Northern Ontario School of Medicine, may potentially offer a model for Northern education in other professional fields. (NOSM University)

Northern Ontario needs more local post‑secondary education — and the province’s funding

Ontario’s changed university funding formula, which forces institutions to rely on high student tuition for niche programs, is putting some northern institutions in precarious financial situations.

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