Tax incentives for companies hiked to attract investments, but economists say budget not ‘transformational’ enough for businesses
Budget 2025 has reinstated the program that allows businesses to write off their capital assets in the first year of purchase, saving them on corporate taxes that year.
Budget forecasts weak economy, rising debt payments
New capital spending on corporate tax incentives and infrastructure will combine with higher debt and benefit payments to increase the federal debt load.
As Trump tries to destroy our economy, Carney should be selling Canada as a nation of leading tech and innovation to the world, not as an energy superpower
Canada lacks the capacity for transformative change. If the Nov. 4 budget fails to change that, our nation will be more of a bystander than a participant in the transforming world economy—and we’ll be poorer as a result. We need a new economy.
Current and former MPs call for united front to fight back against Trump’s continuing threat to the country, but say House is too polarized
As U.S. President Donald Trump upends decades of progress in the world, it also creates an opportunity for Canada to show global leadership, says politicos. But Canada also needs to be united.
International development strategy now linked to economic agenda, says SecState Sarai
‘This will mean placing greater emphasis on supporting economic growth, trade readiness, and private-sector engagement to build prosperity and resilience in developing countries,’ says Randeep Sarai of the new approach.
‘There’s no industry without U.S. access’: struggling auto sector renews call for trade deal amid latest tariff woes
Conservatives MPs and auto industry heads are calling for a full repeal of the EV sales mandate as the sector grapples with growing uncertainty and renewed tariff threats from the United States.
Trump terminates trade talks with Canada, U.S. tariffs creating turmoil in Canadian economy, say analysts
Guy Gellatly, chief economic adviser at Statistics Canada, said it’s ‘too early’ to determine whether Canada is approaching a recession, but it’s had a ‘very, very weak second quarter with big declines in trade and business development.’ However, there hasn’t been sustained declines.
Pipelines and algorithms aren’t going to save us
The federal government’s economic priorities have not focused on the local businesses and non-profits that sustain the country’s daily life and economic well-being.
Can Carney ensure Canada is a true innovation nation?
Canada’s poor performance on innovation is apparent in the World Intellectual Property Organization’s 2025 Global Innovation Report which ranks our nation in 17th spot, compared to 14th a year earlier.
As Canada feels the strain of U.S. trade war, pressure heats up on innovation sector
As border tensions create investment uncertainty, innovation in Canada should look at trade diversification and focusing less on commodities, say innovation experts.
