A new report paints a bleak picture of Ottawa’s economic outlook CBC News

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Listen to this article 4 minute estimate The audio version of this article is generated by AI-based technology. Incorrect names may appear. We work with our partners to constantly review and improve results. In 2024, city council adopted Ottawa’s economic development plan, a multi-year plan to build a city that is “economically diverse and prosperous.” … Read more

Angola and Ghana get negative market share as US cuts Nigeria’s price by 47%

Angola and Ghana get negative market share as US cuts Nigeria's price by 47%

New data from the US Census Bureau and the Bureau of Economic Analysis show that imports fell by 47.16 percent month-on-month, falling from 3.149 million barrels in December 2025 to 1.664 million barrels in January. The drop of 1.485 million barrels marks one of the sharpest short-term contractions in the Nigerian portion of the US … Read more

Monopoly Release: Iran’s Price Movement Begins

Monopoly Release: Iran's Price Movement Begins

The monopoly round has a lot of content, as always. A judge recently gave Trump’s FCC Chairman Brendan Carr the middle finger and banned a large media conference, Israeli Defense Force soldiers are concerned about gambling with their military careers, and Australia has banned social media for children under 16 with dramatic results. But before … Read more

Forget Fees: The Iran War Is The Biggest Threat To Your Portfolio Right Now

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Since President Donald Trump declared “Independence Day” last April, investors have been concerned about his tariff plans – they believe that higher tariffs will fuel inflation, disrupt supply chains, and lower corporate profits. These concerns are understandable. Tariffs raise the cost of importing raw materials, which invites retaliation from trading partners — a risk to … Read more

Exclusive: US Treasury to talk with insurance regulators about private mortgage lenders, sources say

Exclusive: US Treasury to talk with insurance regulators about private mortgage lenders, sources say

1 in 2 US dollar notes are seen in this illustration taken March 24, 2026. REUTERS/Dado Ruvic/Illustration [1/2]US dollar bills are seen in this illustration taken on March 24, 2026. REUTERS/Dado Ruvic/Illustration Purchase Licensing. Rightsopens a new tab The US Treasury Department plans to meet with insurance regulators, seeking information on benefits, funding The talks … Read more

Cover Story: China Buys Income Growth to Balance Its Economy

Cover Story: China Buys Income Growth to Balance Its Economy

1. For the first time, China has included a comprehensive plan to strengthen household income in its top-level policy framework, which marks a major change as policymakers deal with low consumer spending despite GDP per capita holding above $13,000 for two years. The Urban and Rural Income Development Plan, proposed by the Communist Party in … Read more

Fuel crisis: ‘Business as usual’, Luxon says – but other industries are struggling

A combination of oil barrels and money.

Photo: RNZ / Unsplash The government should start prioritizing diesel allocations now as the fuel situation worsens, Westpac’s chief economist has said. It comes as supply data from US investment bank JP Morgan reports that the last shipment of fuel from Gulf Oil is likely to arrive in New Zealand on 20 April. Prime Minister … Read more

‘Expect very high grocery prices,’ farmer warns as diesel costs rise

'Expect very high grocery prices,' farmer warns as diesel costs rise

Family farmer Darryn Shrosbree says the war is affecting the price of diesel and the nutrients used to make fertiliser. Farmers around the world are feeling the pain of the Iran war. Gas prices have risen and fertilizer supplies are dwindling due to Tehran’s closure of the Strait of Hormuz in retaliation for US and … Read more

The US job market is likely to shrink this month after a cold March

The US job market is likely to shrink this month after a cold March

(Bloomberg) — U.S. employment likely rose in March after one of the biggest contractions in wages since the pandemic, extending a series of erratic numbers. Economists estimate 60,000 jobs were added in the month following a decline of 92,000, according to a Bloomberg poll ahead of Friday’s report. The unemployment rate appears stable at 4.4%. … Read more