Economy news - NewsLocker

Census of Environment: Ecosystem integrity and conservation of terrestrial ecosystems

06-03-2026 14:30 via statcan.gc.ca

In 2024, nearly 1.4 million square kilometres of Canada's terrestrial area, accounting for 13.7% of its land and freshwater, was conserved through protected areas or other effective conservation measures.

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With a crucial oil artery blocked near Iran, can Canada fill the gap in global supply?

06-03-2026 10:00 via cbc.ca

As the war in Iran disrupts oil and gas exports from the Gulf region, the Canadian energy sector could see a jump in demand — and federal officials are positioning Canada as a beacon of stability during an unpredictable moment.

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HBO's future on Crave uncertain as Paramount Skydance acquires Warner Bros. Discovery in merger

05-03-2026 23:25 via cbc.ca

It's not clear if the U.S. studio mega-merger will affect existing agreements that Warner Bros. Discovery has with Canadian broadcasters and streamers, like Crave, and whether Canadian viewers will have to subscribe to yet another service to watch their favourite shows.

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Oil prices spike to highest level since summer of 2024 amid war in Iran

05-03-2026 23:05 via cbc.ca

Stocks on Wall Street sank on Thursday after the price of oil spiked to its highest level since the summer of 2024 due to the U.S.-Israeli war with Iran.

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Delici Dubai Style chocolate mousse recalled, Costco Canada says

05-03-2026 16:02 via cbc.ca

Costco Wholesale is alerting customers of a recall of certain lot codes of the Delici Dubai Style chocolate mousse due to the possible presence of cashew nuts and macademia nuts that aren't declared on the label.

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Airlines weigh risks in Mideast skies filled with 'hot pieces of flying metal'

05-03-2026 10:00 via cbc.ca

Confusing advice and on-again-off-again airport closures are complicating the evacuation of hundreds of thousands of foreigners stranded in the conflict zone around the Persian Gulf. In a region that has seen tragic mistakes resulting in the deaths of hundreds of civilian air passengers, decisions on whether to fly remain fairly ad hoc and can come down to the judgment of an individual pilot.

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Trump wants AI data centres to bring their own power. Alberta’s been doing that from the get-go

04-03-2026 15:55 via cbc.ca

While the U.S. has developed far more AI infrastructure, Alberta also sees a major opportunity to capitalize on the AI boom, givenits colder climate, vast real estate and deregulated electricity market.

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Labour productivity, hourly compensation and unit labour cost, fourth quarter 2025

04-03-2026 14:30 via statcan.gc.ca

The labour productivity of Canadian businesses edged down 0.1% in the fourth quarter as hours worked declined at a slower pace than real gross domestic product (-0.2%). This contrasts with the previous quarter in which labour productivity rose 1.1% as output increased with fewer hours worked.

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Wall Street, global markets slammed with sell-off as war with Iran broadens

03-03-2026 16:19 via cbc.ca

A worldwide sell-off of stocks is slamming onto Wall Street on Tuesday, and oil prices are leaping even higher as worries rise that the war with Iran is widening and may do more sustained damage to the global economy than feared.

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Wall Street, global markets partly recover after early sell-off sparked by war with Iran

03-03-2026 16:19 via cbc.ca

A sell-off for stocks wrapped around the world and hit Wall Street Tuesday, though the losses eased significantly as the day progressed. Oil prices, meanwhile, leaped even higher on worries about the widening war with Iran.

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Prediction market bets on Iran strikes spur allegations of insider trading

03-03-2026 15:40 via cbc.ca

Bets placed on the ouster of Iran's Supreme Leader Ayatollah Ali Khamenei drew scrutiny of prediction markets such as Polymarket and Kalshi on Monday, sparking calls from Democratic U.S. lawmakers to outlaw wagers on military actions ‌that could enrich officials with inside knowledge.

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How the U.S.-Iran conflict is impacting gas prices in Canada

02-03-2026 19:25 via cbc.ca

Gas prices inched up a few cents overnight in Canada as the North American oil market reacts to escalating tensions in the Middle East, where the U.S. and Israel launched a joint attack on Iran Saturday that threatens to destabilize the rest of the region.

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South Bow plan to revive parts of Keystone XL needs Trump approval, U.S. oil pipeline links

02-03-2026 18:40 via cbc.ca

A proposal to revive parts of the cancelled Keystone XL pipeline could increase Canada's crude exports to the U.S. by more than 12 per cent, if it gets a green light from U.S. President Donald Trump and additional links to U.S. refining hubs are built.

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Oil jumps 10% on Iran conflict and could spike to $100 US a barrel, analysts say

01-03-2026 22:31 via cbc.ca

Brent crude jumped 10 per cent to about $80 US a barrel over the counter on Sunday, oil traders said, while analysts predicted that prices could climbas high as $100 US after U.S. and Israeli strikes on Iran plunged the Middle East into a new war.

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Trumps directs all federal agencies to stop using AI company Anthropic's technology

27-02-2026 22:23 via cbc.ca

Trump's directive comes amid a feud ⁠between the Pentagon and top artificial ⁠intelligence lab Anthropic over concerns about how ⁠the ⁠military could use AI at war.

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Trump directs all federal agencies to stop using AI company Anthropic's technology

27-02-2026 22:23 via cbc.ca

Trump's directive comes amid a feud ⁠between the Pentagon and top artificial ⁠intelligence lab Anthropic over concerns about how ⁠the ⁠military could use AI at war.

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Canada's economy contracted unexpectedly in fourth quarter of 2025

27-02-2026 15:16 via cbc.ca

Gross domestic product contracted at an annualized pace of 0.6 per cent in the quarter running from October to December, Statistics Canada said. The country's overall growth for 2025 was 1.7 per cent — in line with Bank of Canada expectations, but the slowest pace of annual growth since the decline in 2020.

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China suspending some agricultural tariffs on Canada starting March 1

27-02-2026 14:53 via cbc.ca

China said on Friday it would suspend some tariffs on Canadian agricultural products imposed during a trade spat between Beijing and Ottawa, after Canadian Prime Minister Mark ‌Carney struck an initial deal with Beijing during a visit in January.

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Gross domestic product, income and expenditure, fourth quarter 2025

27-02-2026 14:30 via statcan.gc.ca

Real gross domestic product declined 0.2% in the fourth quarter of 2025, after rising 0.6% in the third quarter. The fourth quarter decrease was due to withdrawals of business inventories following inventory accumulations in the third quarter.

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Gross domestic product by industry, December 2025

27-02-2026 14:30 via statcan.gc.ca

Real gross domestic product expanded 0.2% in December, predominantly on strength in services-producing industries.

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Why a memory chip shortage is wreaking havoc on the consumer electronics industry

27-02-2026 10:00 via cbc.ca

A boom of investment in artificial intelligence has led to an unforeseen problem: a shortage of the world's memory chip supply, which threatens to drive up the price of consumer electronics like laptops, smartphones and video game consoles.

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AI company Anthropic amends core safety principle amid growing competition in sector

27-02-2026 10:00 via cbc.ca

Anthropic, the AI company behind the Claude chatbot that was founded with a focus on safe technology, appears to be scaling back its safety commitments in order to keep the company competitive, after it amended a set of self-imposed guidelines aimed at preventing the development of AI that could potentially be dangerous.

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Netflix backs away from offer to buy Warner Bros. after Paramount submits revised bid

27-02-2026 00:46 via cbc.ca

Netflix on Thursday signalled it was backing away from its offer to buy Warner Bros. Discovery's streaming and studio assets, saying ‌the deal was no longer financially attractive after Paramount Skydance revised its offer for the coveted Hollywood studio to a $31-a-share offer.

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Netflix backs away from offer to buy Warner Bros.

27-02-2026 00:46 via cbc.ca

Netflix on Thursday signaled it was backing away from its offer to buy Warner Bros. Discovery's streaming and studio assets, saying ‌the deal was no longer financially attractive after Paramount Skydance revised its offer for the coveted Hollywood studio to a $31-a-share offer.

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Instagram will alert parents about their teens' suicide-related searches

26-02-2026 17:08 via cbc.ca

The social media platform owned by Meta will now alert parents who are ⁠signed up to its ‌optional supervision setting if their teenager repeatedly searches for terms related to suicide or self-harm within a short period. The alerts will begin next week for those signed up in Canada, the United States, Britain and Australia.

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Ford recalling more than half a million vehicles in Canada due to software issue

26-02-2026 16:48 via cbc.ca

The recall applies to many popular models like certain years of the F-150, a number of Super Duty trucks, Mavericks and more. Ford says it will issue an over-the-air software update for all affected models by May, and consumers can also use mobile service or visit a Ford dealer for the update.

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Canada's balance of international payments, fourth quarter 2025

26-02-2026 14:30 via statcan.gc.ca

Canada's current account deficit (on a seasonally adjusted basis) narrowed by $4.6 billion to $0.7 billion in the fourth quarter of 2025.

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The culprit behind Loblaw’s $10K fine for promoting imported food as Canadian? Broccoli slaw

26-02-2026 10:00 via cbc.ca

The Canadian Food Inspection Agency has provided CBC News with new details about the $10,000 fine it issued to a Loblaw-owned Superstore last month for promoting imported food as Canadian. The federal food regulator said the mislabelled product was a Loblaw-owned brand: President's Choice broccoli slaw.

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Product/Study: Economic and Social Reports: The educational pathways of first-generation postsecondary students

25-02-2026 14:30 via statcan.gc.ca

Catalogue number 36280001 (HTML | PDF)

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Product/Study: Economic and Social Reports: National and provincial retention of graduates from health degree programs in Canada

25-02-2026 14:30 via statcan.gc.ca

Catalogue number 36280001 (HTML | PDF)

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Product/Study: Economic and Social Reports: Firm size and labour productivity growth in Canadian residential construction

25-02-2026 14:30 via statcan.gc.ca

Catalogue number 36280001 (HTML | PDF)

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Product/Study: Economic and Social Reports: Estimates of gross domestic product by gender: An update to the 2022 report

25-02-2026 14:30 via statcan.gc.ca

Catalogue number 36280001 (HTML | PDF)

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Product/Study: Economic and Social Reports: Economic outcomes of provincial nominees: Differences between Express Entry and non-Express Entry

25-02-2026 14:30 via statcan.gc.ca

Catalogue number 36280001 (HTML | PDF)

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Economic and Social Reports, February 2026

25-02-2026 14:30 via statcan.gc.ca

There are five new articles available in today's release of Economic and Social Reports.

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Annual Mineral Production Survey, 2024

25-02-2026 14:30 via statcan.gc.ca

Mineral production estimates from the Annual Mineral Production Survey are now available for the 2024 reference year. These data are published together with the 2025 preliminary estimates of mineral production in Canada.

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Canadian travellers with trips planned to Mexico weighing whether or not to stay home

25-02-2026 10:00 via cbc.ca

While Canadian airlines started flying to and from Mexico again on Tuesday, caution is still advised in the region, leaving tourists trying to decide what to do. And unless travellers bought the right kind of insurance, they might not be able to get their money back if they want to cancel or rebook their vacations.

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Canada approves latest Gulfstream business jets after Trump tariff threat

24-02-2026 17:23 via cbc.ca

Federal regulators are giving the thumbs up to Gulfstream G700 and G800 business jets in a move that comes weeks after new tariff threats from U.S. President Donald Trump over the planes' status in Canada.

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Monthly estimates of business openings and closures, November 2025

24-02-2026 14:30 via statcan.gc.ca

In November, the business opening rate increased by 0.4 percentage points to 5.0%, following a 0.2 percentage point decline in the previous month. The opening rate was 0.3 percentage points above its 2015-to-2019 historical average. This rise was driven by a 0.5 percentage point increase in the re-opening rate to reach 3.4% in November. Meanwhile, both the entry and closure rates declined by about 0.1 percentage points.

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Pre-construction condo buyers face steep losses as Toronto prices slide

24-02-2026 10:00 via cbc.ca

Homebuyers who gambled that buying a home before it was actually constructed could get them an advance foothold in an expensive housing market are discovering they have few options to avoid losing hundreds of thousands of dollars, in a market that is considerably less expensive.

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Loblaw-owned Superstore fined $10K for promoting imported food as Canadian

20-02-2026 09:00 via cbc.ca

Canada’s food regulator has fined a Loblaw-owned store $10,000 for promoting imported food as a “Product of Canada.” The Canadian Food Inspection Agency says the Toronto store used “maple leaf advertising decals” as part of an in-store display to promote a foreign product.

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Grandson of Reese's Peanut Butter Cups inventor accuses Hershey of recipe changes

19-02-2026 15:49 via cbc.ca

The grandson of the inventor of Reese's Peanut Butter Cups has lashed out at The Hershey Co., accusing the candy company of hurting the Reese's brand by shifting to cheaper ingredients in many products.

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Canadian international trade in services, December 2025

19-02-2026 14:30 via statcan.gc.ca

Canada's monthly international trade in services surplus widened from $0.1 billion in November to $0.7 billion in December. Overall, imports of services declined 2.2% to $19.4 billion, and exports of services increased 0.8% to $20.2 billion.

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Arbitrator settles flight attendant wages at Air Canada, bringing labour dispute to an end

18-02-2026 20:29 via cbc.ca

An arbitrator reviewing wages for flight attendants at Air Canada has finalized rates at the airline, bringing an end to the labour dispute that saw travel disrupted for thousands of people last summer.

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Arbitrator settles flight attendant wages at Air Canada, as labour dispute comes to official end

18-02-2026 20:29 via cbc.ca

An arbitrator reviewing wages for flight attendants at Air Canada has finalized rates at the airline, bringing an end to the labour dispute that saw travel disrupted for thousands of people last summer.

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Meta no longer designs apps to maximize screentime, Zuckerberg says during social media trial

18-02-2026 14:49 via cbc.ca

Meta CEO and billionaire Facebook founder Mark Zuckerberg is set to be questioned for the ‌first time in a U.S. court on Wednesday about Instagram's effect on the mental health of young users, as a landmark trial over youth social media addiction continues.

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Mark Zuckerberg to testify in landmark trial alleging that social media harms children

18-02-2026 14:49 via cbc.ca

Meta CEO and billionaire Facebook founder Mark Zuckerberg is set to be questioned for the ‌first time in a U.S. court on Wednesday about Instagram's effect on the mental health of young users, as a landmark trial over youth social media addiction continues.

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Monthly credit aggregates, December 2025

18-02-2026 14:30 via statcan.gc.ca

Data on the monthly credit aggregates for December 2025 are now available.

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Saskatchewan-raised co-owner of non-alcoholic winery lands $1M deal on Dragons' Den

18-02-2026 12:00 via cbc.ca

ONES is the passion project of Tyler Harlton from Pense, Sask., and Chris Pagliocchini, a scientist for Agriculture Canada. Harlton is no stranger to the agriculture industry himself, having grown up surrounded by Prairie farms.

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National real estate association blames Ontario snowstorm for cooling housing sales January

18-02-2026 11:00 via cbc.ca

The Canadian Real Estate Association (CREA) is blaming Old Man Winter as a factor in cool housing sales during the month of January.

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National real estate association blames Ontario snowstorm for cooling housing sales in January

18-02-2026 11:00 via cbc.ca

The Canadian Real Estate Association (CREA) is blaming Old Man Winter as a factor in cool housing sales during the month of January.

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