Tag #Canadian Economy

theglobeandmail.com
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Canadian Gold Sector Poised for M&A Surge in 2025

High gold prices and low reserve levels are fueling a predicted surge in mergers and acquisitions within Canada's precious metals sector in 2025, with several large deals already completed in 2024, such as Gold Fields' \$2.16 billion acquisition of Osisko Mining.

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40% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
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Five TFSA Investment Strategies for 2025

Five TFSA investment strategies for 2025 are presented, ranging from all-equity ETFs (high risk/return) to low-volatility ETFs, one-year GICs (low risk/return), utility stocks (moderate risk/return), and US dollar investments (currency risk).

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36% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
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Canadian Retirement & Housing Market Challenges in 2024

The 2024 Canadian financial landscape features an OAS clawback affecting 500,000 people (8.3% of recipients), low CPP survivor benefits ($323.05 average), high TFSA penalties ($1,461.18 average), new capital gains tax changes, and fluctuating housing markets influenced by mortgage rates and unemploy...

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40% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 65% Global Worthiness
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Inflation, Stock Market Bubbles, and the Potential Impact of Trump on the Canadian Economy

Despite a 30 percent cost-of-living increase in Canada due to inflation, global debt has decreased by over 30 percentage points since early 2021; however, stock market bubbles, while risky, can fuel innovation; and potential US tariffs on Canadian oil are unlikely, offering Canada an opportunity to ...

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48% Bias Score

Reduced Inequality
theglobeandmail.com
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Canadian Dollar Shows Signs of Stabilization Amidst Political Uncertainty

The Canadian dollar is at its weakest since March 2020 at 69.8 cents U.S., but stabilizing economic data and a potential change in government suggest a less bearish outlook, despite the recent political turmoil in Canada and the previous threat of a 25% U.S. tariff.

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48% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 75% Global Worthiness
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Canada's Deficit Exceeds Guardrail, But Net Debt Remains Low

Canada's federal government reported a $61.9-billion deficit, exceeding a fiscal guardrail; however, its net debt-to-GDP ratio remains low due to government investments and assets; the focus should be on the value of government spending, not arbitrary deficit limits.

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56% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 75% Global Worthiness
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Canadian Employers Mandate Office Returns Amidst Economic Slowdown and Record High Vacancy Rates

Amidst Canada's weakening economy and tighter job market, employers are aggressively mandating office returns, with companies like Amazon and the federal government leading the charge; however, Toronto's office vacancy rate simultaneously hit a record high of 15.7 percent in Q3 2023.

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48% Bias Score

Decent Work and Economic Growth
elpais.com
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Trudeau Faces Political Crisis Amid Resignation and Plummeting Approval Ratings

Facing plummeting approval ratings and the resignation of his Deputy Prime Minister, Canadian Prime Minister Justin Trudeau is contemplating his future amid a political crisis exacerbated by a projected CAD 69.6 billion deficit and the looming return of Donald Trump to the US presidency.

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52% Bias Score

Reduced Inequality
theglobeandmail.com
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MaRS CEO Departs for Export Development Canada

Alison Nankivell left her post as CEO of MaRS Discovery District after less than a year to become the head of Export Development Canada (EDC), a federal crown corporation supporting Canadian exporters, replacing Mairead Lavery after six years. This follows MaRS's restructuring and job cuts aimed at ...

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36% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 75% Global Worthiness
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Canadian Government's Economic Communication Failure Amidst Positive Indicators

Finance Minister Chrystia Freeland's resignation highlights the Canadian government's failure to address public economic anxiety despite positive economic indicators, revealing a disconnect between policy and public perception.

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60% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 75% Global Worthiness
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B.C. Deficit Balloons to \$9.4 Billion Amidst Revenue Shortfalls and Spending Commitments

British Columbia's deficit has risen to \$9.4 billion due to lower tax revenues and increased spending commitments, prompting a government hiring freeze and raising concerns about the feasibility of election promises.

Progress

40% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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Bank of Canada Shifts to Gradual Rate Cuts Amidst Economic Uncertainty

The Bank of Canada shifted to a more gradual approach to monetary policy due to a tepid labor market, weaker-than-expected GDP growth, and significant uncertainty surrounding US tariffs and immigration policy changes.

Progress

40% Bias Score

Decent Work and Economic Growth