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Economics at globalnews.ca

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14

Ban TikTok, half of Canadians say in new poll as U.S. fears spread

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A new poll indicates 51 per cent of Canadians support banning the social media app TikTok, after a U.S. bill aiming to do just that passed in the House of Representatives.

12

Victims, advocates call for changes to justice system and Ontario courts

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Delays in the court system are sparking renewed calls for more funding and resources. On Thursday, victims spoke out at Queen’s Park, calling for reforms to the justice system.

10

Flair Airlines is now Canada’s lone low-cost carrier. Can it rise to the moment?

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Flair Airlines is Canada's sole ultra-low-cost carrier after Lynx Air's collapse. Here's what the airline's CEO and experts say about its prospects in the tough Canadian market.

03

Volkswagen Canada announces airbag fix for recalled Atlas SUVs after almost one year wait

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In April 2023, more than 161,000 SUVs in the U.S. and Canada were recalled for select model year 2018 to 2021 Atlas and 2020 Atlas Cross Sport Vehicles.

02

Higher Edmonton Oilers playoff tickets a downside of passionate supply-and-demand: Economist

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Oilers playoff tickets are up on average by 25 per cent in the first round, 40 per cent in the second round, 70 per cent in the third round and 50 per cent in the fourth round.

B.C.’s carbon tax hike kicks in on Monday, April 1 so prepare to pay more at the pump

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The B.C. government says to offset that, about 65 per cent of British Columbians will qualify for a tax credit, meaning roughly 35 per cent will not.

Enmax Centre master plan revealed

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"Part of the motion was to take some of it and to plan for the operating budget and plan for the capital budget and both of them are down the line,” Coun. Belinda Crowson said

01

Spike in Metro Vancouver restaurant closures sparks concern

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The BC Restaurant and Foodservices Association's CEO hopes the province can create a “B.C. Ministry of Restaurants” to help keep struggling restaurants open.

Thursday, Mar 28

00

Manitoba housing advocates, property managers react to proposed federal rent reform

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Housing advocates say the federal government's proposed rent reforms are a step in the right direction.

22

Federal Court orders revisions to deal between Ottawa and Métis Nation of Alberta

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The Federal Court says the deal is too broad in its definition of who it covers and it was made without consulting two other Métis groups in the province.

Canadian spy agency’s big data program is breaking the law: review body

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The new dataset regime was meant to put rules around how the Canadian Security Intelligence Service can harvest big data for investigations and operations.

CRA no longer requiring tax return for bare trusts this year

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The CRA says it’s making the change after the new reporting rules around bare trusts had an “unintended impact on Canadians.”

20

Ontario minimum wage to increase Oct. 1 to $17.20 an hour

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The annual Oct. 1 increase is tied to inflation and is a boost of 3.9 per cent from the current rate of $16.55 per hour.

Peterborough 2023 Sunshine List led by hospital CEO, university president

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Dr. Lynn Mikula, who began as the president and CEO of the Peterborough Regional Health Centre in 2023, was the highest-paid top public-sector employee in Peterborough in 2023.

Trudeau promises $1B loans to expand child care centres

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Justin Trudeau says the government plans to provide more than $1 billion in low-cost loans, grants and student loan forgiveness to expand child care across Canada.

19

Nova Scotia sees 35 per cent cut in international student permit applications in 2024

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Of Nova Scotia’s 11 universities and colleges, Cape Breton University is taking the biggest hit with 5,086 applications — a 52 per cent drop from last year.

Carbon price increase is ‘inhumane,’ Alberta premier tells committee

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Premiers Danielle Smith and Blaine Higgs made their cases against the carbon price at a House of Commons committee ahead of the April 1 increase.

17

Energy and base metal stocks help boost S&P/TSX composite, U.S. stock markets mixed

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Strength in the base metal and energy stocks helped lift Canada's main stock index higher in late-morning trading, while U.S. stock markets were mixed.

Saskatoon morning news rewind: Thursday, March 28

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Here's a look back on who was on 'Global News Morning Saskatoon' for Thursday, March 28.

Justin Trudeau deepfake ad promoting ‘robot trader’ pulled off YouTube

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A deepfake advertisement depicting Prime Minister Justin Trudeau's likeness promoting a financial “robot trader” has been pulled off YouTube.

Supreme Court upholds First Nation election requirement

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The Supreme Court said that in cases where Section 15 and Section 25 of the Charter both apply, the Aboriginal and treaty rights laid out in Section 25 prevail.

16

Ontario reaches ‘new deal’ with City of Ottawa

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Ontario has reached a so-called "new deal" with the City of Ottawa that sees the province take over certain major costs, the provincial government said Thursday.

14

Canada’s economy still showing modest growth to start 2024

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Statistics Canada pointed to a rebound in the public sector, tied largely to the end of strikes in Quebec, as driving economic growth in January.

13

Global smartphone market set for 2024 rebound: report

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Global smartphone shipments are expected to rebound three per cent this year as easing inflation aids a demand recovery in emerging markets, a new report says.

4 Ontario school boards sue Facebook, Instagram, SnapChat and TikTok

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Four Ontario school boards have launched lawsuits against the parent companies of Facebook, Instagram, SnapChat and TikTok alleging the platforms are disrupting student learning.

12

Extra billing sometimes a ‘misunderstanding,’ Ontario health minister says

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Sylvia Jones says she would not use the phrase 'bad actors' to describe those that have extra billed Ontario patients as the province prepares for more private clinics.

01

The high price of chocolate: Severe shortage drives up cost of confections

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Weather and disease damaging crop yields and underpaid farmers leaving the industry has caused supply issues, driving up the price of cocoa beans to record highs ahead of Easter.

Wednesday, Mar 27

00

Small Sask. business victim of theft, $500K in electric bikes allegedly stolen

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A Saskatoon small business owner of Biktrix is a recent victim of theft that costed the company $500,000 in losses.

Food prices up heading into Easter, expert says; Winnipeg charity feeling pinch

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With Easter around the bend, a food economist says grocery prices haven't stopped climbing, while Siloam Mission says it's still equipped to feed those in need.

22

Ottawa signs $3.7B health deal with Quebec, final province to sign onto health accord

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Ottawa has signed a new $3.7-billion health pact with Quebec that has the province committing to countrywide health-data collection efforts and benchmarks to measure improvements.