Economy

Blackstone’s Long-Serving Private Equity Chief Joseph Baratta Set to Depart After 28 Years

One of Wall Street's most recognizable dealmakers is heading for the exit. Joseph Baratta, the billionaire executive who has led Blackstone's private equity operations...

Ontario’s Deficit Path: Ford Government Signals Red Ink Will Flow Well Into the Next Decade

Ontario's Finance Minister Peter Bethlenfalvy delivered a sobering message this week, strongly signalling that the province has abandoned any near-term ambition of returning to...

Record Diesel Prices Squeeze Northern Ontario Farmers and Mining Companies

Diesel prices across Canada have reached record highs, and the consequences are landing hardest on the industries that keep the country's economy moving: farming,...

U.S. Government Positioned to Collect Revenue from Canadian Drug Sales Under Trump-Era Pharmaceutical Deals

A Quiet Claim on Canadian Pharmaceutical Revenue Newly disclosed documents suggest that the United States government stands to collect a share of pharmaceutical revenues generated...

Port of Vancouver Posts Record Cargo Volumes as Grain and Oil Exports Surge Toward Non-U.S. Markets

The Vancouver Fraser Port Authority has reported record cargo volumes for the first half of 2026, with surging grain and oil exports driving the...

Misipawistik Cree Nation Halts Moose Hunt as Manitoba Issues Tags for 97% of Estimated Bull Population

A Hunt Paused, a Population at Risk The season hasn't even opened yet, and Misipawistik Cree Nation has already called it off. Chief Heidi Cook...

Post-COVID Inflation Drove a $4.2-Billion Surge in Canada Child Benefit Costs, PBO Finds

Canada's Parliamentary Budget Officer has released a detailed analysis of the Canada Child Benefit, and the headline finding is stark: the cost of delivering...

Mark Carney Calls for Canada-EU Associate Membership in Address to European Parliament

Prime Minister Mark Carney delivered a sweeping address to the European Parliament on Thursday, proposing a fundamental deepening of Canada's relationship with the European...