After nine years of NDP-Liberal governance, Canadians are facing one of the steepest declines in living standards in our nation’s history. In 2014, before Trudeau took office, the New York Times described Canada as home to “the world’s most affluent middle class.” Now, per-person economic output in many provinces falls behind that of states like…
A $2.14-billion federal loan for Ottawa-based satellite operator Telesat has sparked debate among Canadian politicians about whether American billionaire Elon Musk presents a national security risk. The issue centers on providing internet access to remote areas, as Canada aims to connect every household to high-speed internet by 2030. Telesat’s CEO, Dan Goldberg, noted that there…
In the first quarter of 2024, Canada’s household savings rate surged to 6.9 percent, a peak not reached since 1996, excluding the pandemic period. This rate represents the proportion of disposable income that Canadians save. During the pandemic’s peak in the second quarter of 2020, savings soared to an unprecedented 26.5 percent due to lockdowns…
