sentiment

Trans Mountain pipeline ushers in new economic era for Fort McMurray

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As the urban centre at the heart of Canada’s oilsands industry, Fort McMurray has seen more than its share of ups and downs. A decade and a half ago, the northern Alberta community was this country’s most famous boom town. High oil prices helped to drive unprecedented demand for the thick, viscous bitumen that lies … Read more

Some consumers, businesses are feeling more optimistic about the economy, say BoC surveys

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The Bank of Canada says business and consumer sentiment improved during the first quarter of the year, despite higher interest rates still putting a drag on the economy. The central bank on Monday released its business outlook and consumer expectations surveys, which showed increased optimism as people expect interest rate cuts are nearing. Although firms … Read more

Loss of cooking skills has hurt our ability to adapt to rising food prices, experts say

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Cost of Living1:56Mike von Massow Skyrocketing prices have taken a big bite out of what Canadians are able to serve up for dinner but food economists say our ability to cope has been worsened by our collective decline in cooking skills. “We are less able to cook than we were 30 or 40 years ago, … Read more

U.S. ‘beginning’ internal discussions about renewing North American trade pact

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For anyone with lingering night terrors from the last renegotiation of NAFTA, the notion of reopening the pact might evoke the trailer for a classic horror movie sequel: It’s baaaaa-aaaack.  But this time is different, says the U.S. envoy to Canada. In an interview with CBC News, Ambassador David Cohen said officials in his country have … Read more