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Increased competition
Stan Gadek, CEO of Canada Jetlines, a new low cost airline that claims it will have the lowest base fares in the country
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Japan consumer prices fall again in April
Further deflation fears in Japan as consumer prices fell for the second month running in April. The Japanese people are holding off on buying things which means firms are not raising their prices. The core consumer price index – which...
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Oil prices boosted by supply outages and deficit forecast from Goldman Sachs
Oil prices jumped to their highest in six months after forecasters at investment bank Goldman Sachs said the world now has a deficit rather than a glut of crude, due to increasing disruptions to supplies particularly in Nigeria and...
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Putin attempts to reassure Russia as economy continues to decline
Russian President Vladimir Putin has tried to reassure ordinary Russians about the state of the country’s economy. We must focus on coping with our internal problems, not on coping with the US #Putin pic.twitter.com/ur9bKOFXb4— President...
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Brexit battle reaches Britain’s central bank
Bank of England Governor Mark Carney has been appearing before eurosceptic UK lawmakers, defending his view that Britain leaving the European Union could hit the country’s economy. Carney said the BoE would not assess the long-term...
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Eurozone economic sentiment downbeat for February
The gloom continues around the eurozone. The latest surveys of businesses and individuals by the European Commission show economic sentiment deteriorated significantly in February. Industry, the financial services sector and retailers...
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Commodity markets rout slams miner Glencore’s profit
Mining company and commodity trader Glencore has revealed that 2015 was a grim year with profit down by almost a third as prices for copper, nickel, zinc, iron-ore and coal slumped to multi-year lows. As a result the Swiss-based group is...
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I wanna go back to my little $2.5M shack
The latest poster child for Vancouver real estate excess is off the market, having fetched — of course — more than the asking price
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U.K. to vote in EU referendum
British Prime Minister, David Cameron says voters in Britain will decide on June 23 if they want the country to stay in the European Union
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Vancouver real estate prices driving out millennials
New report predicts the city's skyrocketing housing prices will trigger a mass exodus of millenials
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Outlook for Alberta's economy
Jackie Forrest of Arc Financial and Todd Hirsch of ATB Financial on Alberta in the wake of the oil price shock
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Major markets
Eric Lascelles on Toronto's cooling housing market, and Richard Bell on the B.C. case of a home buyer who must pay after backing out of a deal
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China banks on devalued yuan
Renee Filippone assesses China’s strategy in allowing its currency to sink to a six-year low
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China investors panic selling amid stock crisis
Millions of new and small-time investors in China are worried after the country's main market index declined by more than 30 per cent
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Housing head winds
Economist Peter Norman and author Hilliard MacBeth on the state of the Canadian housing market
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State of the housing market
Real estate agents Clarence Debelle and Wendy Tian on home sales in Vancouver after the foreign buyers tax
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Alberta royalty review findings to be unveiled today
There are nerves in the oilpatch ahead of royalty changes
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Rundown Vancouver house selling for $2.4M
An 86-year-old home on Vancouver's west side, recently listed for just under $2.4 million, has raised the ire of the online world as yet another example of the region's skyrocketing house prices.
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International Energy Agency says oil glut is poised to worsen
There is no end in sight to the global oil glut according to the International Energy Agency which does not believe prices will rise significantly this year from current low levels. However, in its latest assessment the IEA said it does...
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Winners bargains not always what they appear
CBC’s Marketplace looks at the accuracy of Winners’ 'compare at' prices that tell consumers how much they’re (supposedly) saving
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Holiday hangover hits rouble as speculators claw at Russia
The Russian rouble tanked again on Monday as the week opened with the Russian currency under severe market pressure. A 10-day holiday period in Russia has come to an end and traders are facing a public storm of price pressures and...
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Those pesky fuel surcharges
The drop in crude oil prices hasn't meant a drop in prices for consumers
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UK oil giant BP cuts jobs
UK oil company BP is set to pay the price for plummeting prices. It has announced it is to shed 4,000 jobs globally, 600 of which will be lost from its North Sea operations. The job losses come as the company’s profits continue to suffer...