Parliamentary Budget Officer Yves Giroux Says He Still Doesn't Have Enough Data To Study 'Tax Gap'
OTTAWA — Parliament’s spending watchdog says he still does not have access to all the data his office needs to determine the amount of money the federal government loses each year to offshore tax havens and tax avoidance schemes. Parliamentary Budget Officer Yves Giroux says the Canada Revenue Agency...
Canadian Oil And Gas Jobs Have Shrunk By Nearly A Quarter, And More Losses On The Way: PetroLMI
CALGARY — A new report says direct employment in Canada’s oil and gas sector is expected to fall by more than 12,000 jobs this year. PetroLMI says the workforce is forecast to drop to about 173,300 in 2019, a decline of 23 per cent from 226,500 in 2014. Watch:...
Canadian Job Growth Stalls In March After A Long Winning Streak
OTTAWA — The economy shed 7,200 jobs in March after a pair of strong monthly gains that helped Canada to post its best quarter of job creation since late 2017. Statistics Canada’s labour force survey found the unemployment rate held firm last month at 5.8 per cent. “The party...
Canada’s Risky Housing Market Has Traded Places With The U.S., IMF Says
Canada’s housing market has grown riskier over the past two years, with risk levels similar to those seen during the financial crisis a decade ago, the International Monetary Fund (IMF) said in a report released this week. But there is good news: The measures Canadian policymakers have taken over...
No Alberta Premier Can Bring Back Oilsands Boom, Experts Say
EDMONTON — Getting Alberta’s economy running on all its fossil-fuel-powered cylinders is at the heart of the province’s election campaign. But some of Canada’s top energy thinkers — as well as international experts — warn there’s no pedal any premier can stomp to make that engine rev like it...