The Hub Canada

1 week ago | thehub.ca | Theophilos Argitis

The Bank of Canada put its interest rate cutting cycle on pause at a policy decision on Wednesday, citing massive uncertainty around U.S. trade policy and its inability to forecast the nation’s economic outlook with any precision. The Ottawa-based central bank held its “overnight” policy rate unchanged at 2.75 percent. It’s the first hold on rates since the Bank of Canada began lowering borrowing costs in June.

1 week ago | thehub.ca | Elie Cantin-Nantel

Earlier this month, former Reform Party leader Preston Manning sparked controversy with a Globe and Mail op-ed warning that electing a Liberal government headed by Mark Carney would pose a serious threat to Canada’s national unity. “Voters, particularly in central and Atlantic Canada, need to recognize that a vote for the Carney Liberals is a vote for Western secession—a vote for the breakup of Canada as we know it,” he wrote.

1 week ago | thehub.ca | Theophilos Argitis

Welcome to The Notebook, where each week I’ll share notes on some of the most important economic issues impacting Canada right now. In this edition, I take a closer look at how the global trade war—sparked by a fresh wave of U.S. tariffs—is reshaping Canada’s economic outlook, and what policymakers can realistically do in response. As global trade wars escalate and markets reel, Canada’s economic outlook has grown so precarious that even a mild recession might end up feeling like a win.

2 weeks ago | thehub.ca | Luke Smith

Chad doesn’t believe the polls. “Totally manipulated to spin a story.”Relying on them will backfire, he says. This was his first political rally. His vote was up for grabs this election—he’s voted for other parties before. He’s impressed. It’s hard to fault his enthusiasm, given the scenes he just saw.

2 weeks ago | thehub.ca | Jack Mintz

The Conservative proposal to provide a capital gains tax deferral if proceeds from asset sales are used to invest in Canadian businesses is consequential. Canada’s capital stock is estimated to rise by $12.4 billion, GDP by $90 billion, and employment by 280,000 until 2026 when the deferral is available. Conservative leader Pierre Poilievre announced a proposal on March 30th to enable investors and businesses to defer capital gains taxes if the proceeds are reinvested in Canadian business assets.