Saturday, April 26, 2025

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Saturday, April 26, 2025 | Latest Paper

Macklem addresses Bank of Canada key interest rate cut

Tiff Macklem, Governor of the Bank of Canada.

Bank of Canada Governor Tiff Macklem announced his second consecutive cut to the central bank’s key overnight lending rate on July 24. With this announcement the rate drops by 25 basis points from 4.75 per cent down to 4.5 per cent. The decision comes in the wake of the central bank’s milestone June 5 decision […]

How much do party leaders and their top deputies make?

MPs’ salaries got a boost earlier this year—now at $203,100 annually—as did the top-ups that certain leadership roles receive. Prime Minister Justin Trudeau and his cabinet ministers, including Deputy Prime Minister Chrystia Freeland, get extra cash for taking on added responsibilities, with their respective pay increasing by $17,000 and $12,500. Conservative Leader Pierre Poilievre also […]

Canada needs a fresh approach on innovation

Minister François-Philippe Champagne

Innovation is about bringing new ideas to market. This, built on technological progress and investment in intangibles, is the key source of productivity-boosting economic growth.