Skip to main content

Featured

5 Things to Know Today: The Money News Shaping Your Week

5 Things to Know Today: The Money News Shaping Your Week 1. Canada’s Economy Grew Faster Than Expected Canada’s economy expanded at an annualized 2.6% in Q4, driven by stronger household spending, exports, and business investment. 2. Manitoba Fast‑Tracks Major Infrastructure Projects A new federal‑provincial agreement introduces a “one project, one review” system to accelerate ports, highways, and energy corridors. 3. Job Market Shows a Small but Positive Uptick Canada added 14,000 jobs in March, with wages rising 4.7% — a key factor ahead of the Bank of Canada’s April 29 rate decision. 4. Oil Markets Remain Volatile After Hormuz Reopening Iran has reopened the Strait of Hormuz, but analysts warn global oil markets may take time to stabilize. 5. Canadians Face Rising Affordability Pressures More Canadians are turning to budgeting tools as inflation, energy costs, and housing pressures persist.

article

Chrystia Freeland Announces Bid for Liberal Leadership

In a significant political move, Chrystia Freeland has announced her candidacy for the leadership of the Liberal Party of Canada. Freeland, who previously served as the finance minister and deputy prime minister, is set to officially launch her campaign this Sunday. Her decision comes after a month of speculation following her resignation from the cabinet.

Freeland's entry into the race is expected to intensify the competition, especially with former Bank of Canada governor Mark Carney also vying for the top spot. If successful, Freeland could become Canada's second female prime minister. Early polling indicates that she is a strong contender, with 29% of Canadians expressing support for her leadership.

Freeland's campaign is likely to focus on key issues such as economic stability and climate change, areas where she has previously shown strong leadership. Her candidacy has already sparked discussions about the future direction of the Liberal Party and Canada's political landscape.



Comments