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Economics at globalnews.ca

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15

Non-sufficient funds fees are now being limited to $10 under new rules

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The changes were announced by Ottawa last year and kicked in on Thursday, also prohibit banks from charging more than one NSF fee in two business days for the same deposit account.

14

N.B. budget: Cuts to culture funding would have ‘profound impact,’ advocates say

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Advocates in New Brunswick are warning the Susan Holt government of the negative impact cutting arts and culture would have in the budget, as Nova Scotia faces anger for doing so.

Oil prices jump, U.S. markets retreat as Iran war worsens supply concerns

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U.S. benchmark crude oil jumped US$4.52 to US$91.77 a barrel. Brent, the international standard, climbed US$5.34 to US$97.32 per barrel after briefly eclipsing the US$100 level.

12

Airbnb offers $1K to Toronto World Cup landlords. Will it shift the rental market?

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Some in Toronto are concerned about the effects the policy could have on an already-expensive rental market for the residents left behind when soccer's biggest tournament moves on.

05

Manitoba government plans steps toward reducing nurse overtime, improving care

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The Manitoba government is planning to set up two committees as part of its promise to improve health care.

02

Calgary infrastructure needs are expected to cost $49B over next 10 years

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$20 billion of the estimated required spending would address Calgary's growth, and another $17 billion would cover maintenance and replacement of existing infrastructure.

01

Alberta government ends funding for Edmonton housing program

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Social services minister Jason Nixon said this program wasn't seeing the results other programs were and the decision was made to move the money where it would be better used.

Wednesday, Mar 11

22

As Uber launches U.S. option to choose women drivers, what about Canada?

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Although the app in Canada currently has an option for women drivers on Uber to request women riders only, the reverse option is not available yet.

20

Privacy watchdog ‘monitoring’ U.S. auto insurance phone tracking lawsuit

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The office of Canada's privacy commissioner says it is 'monitoring' a proposed U.S. class-action lawsuit in which some auto insurers are facing allegations of misusing driver data.

19

Canadians are still avoiding U.S. travel, but not vice versa: StatCan

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Last February, Canadian resident return trips from the United States totalled 1.5 million, down 14.5 per cent from the same month one year earlier.

Kingston councillor demands federal plan for permanent LaSalle Causeway

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As the two-year anniversary of Kingston's temporary LaSalle Causeway approaches, a local councillor is petitioning the federal government for a permanent bridge solution.

18

Canada, 31 nations agree to release 400M barrels of emergency oil

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Canada and a group of dozens of other countries have agreed to release 400 million barrels of oil from their strategic reserves as the Iran war threatens the global supply.

16

Oil prices could surge to $200 a barrel, Iran warns as war stretches on

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Iran's military command said on Wednesday the world should be prepared for oil to hit US$200 a barrel, as three more ships came under attack in the blockaded Gulf.

15

Inflation in the U.S. stayed at 2.4% in February as grocery prices spiked

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Inflation stayed stubbornly elevated last month as gas prices rose in a snapshot of what consumer prices looked like before the U.S.-Israeli attack on Iran.

12

Just over half of Americans say they don’t want tariffs on Canada: poll

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With the Canada-U.S.-Mexico (CUSMA) free trade agreement up for renegotiation this year, 51 per cent of U.S. respondents told the survey they want no tariffs on Canada at all.

11

N.B. budget: As deficit and living costs soar, so do worries for survival

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With New Brunswick's budget coming on March 17, people are worried life will soon get even harder when it comes to balancing their books due to a ballooning provincial deficit.

02

Saskatchewan health-care worker associations ‘very excited’ about province’s care plan

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Nurse practitioner and pharmacist associations say they are optimistic about the province's newly announced health care plan, despite remaining questions.

Tuesday, Mar 10

00

New poll gives Olivia Chow commanding lead in 2026 mayoral race

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A new poll from Liaison Strategies found Chow had an 18-point lead over Coun. Brad Bradford, who was ahead of Premier Doug Ford's nephew, Michael Ford.

23

LNG Canada ramping up production, exports amid Iran war, data suggests

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The LNG project in Kitimat, B.C., has exported five cargoes in the first 11 days of March, already exceeding half its total February volume, the LSEG data shows.

21

Tariff-hit workers to get retraining as Ottawa pledges $229M to Ontario

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Jobs Minister Patty Hajdu said the three-year agreement will help over 27,000 workers in Ontario, with a focus on industries that have been targeted by U.S. President Donald Trump

20

Calgary mayor seeks new funding framework for low-income transit pass

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Calgary Mayor Jeromy Farkas says he's hoping to get the province on board with increased funding and more stability for the city's low-income transit pass program.

Alberta survey shows businesses concerned with separation talks

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A survey by the Alberta Chamber of Commerce showed members of the business sector feel separation talks have led to negative impacts.

19

Why the Iran war is making mortgage renewal feel like a ‘roller-coaster’

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Homeowners looking to renew their mortgage this year should be concerned about three and five-year government bond yields, one mortgage expert said.

Ford government reveals date for budget, promises it won’t include cuts

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During an appearance at the Empire Club in Toronto, Finance Minister Peter Bethlenfalvy revealed he would publish the budget on Thursday, March 26.

Trans Mountain oil exports doubled in 2025, new port data shows

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Canadian crude oil exports shipped from the West Coast nearly doubled in 2025 to reach a new record, with most of it coming via the Trans Mountain pipeline, a new report shows.

18

Airlines around world hike fares as Iran war sparks global fuel price surge

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The war has sent oil prices surging, upending global travel, pushing airline tickets on some routes sky-high, and sparking fears of a deep travel slump.

15

Oil prices, stocks cool Tuesday morning on hopes for early end to Iran war

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Stock index futures were steady on Tuesday, as investors hoped for a quicker resolution to the Middle East conflict that has led to a spike in energy prices.

13

End-of-season winter sales: Best mattress & bedding deals in Canada

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Upgrade your sleep with top-rated mattress and bedding deals now on sale. Shop Casper, Wayfair, Silk&Snow and more for the best mattress and bedding sales.

The Curator: 20 under-$100 picks for a better night’s sleep

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Want to wake up feeling genuinely refreshed? Ahead, discover 20 under-$100 picks for better sleep from brands like Canadian Down & Feather Company, CanPrev and Saje.

03

Manitoba government proposes health charter but Opposition questions effectiveness

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The Manitoba government is proposing a charter of patient care for people in the health system, one that outlines broadly worded principles with detailed plans to follow.