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From construction to manufacturing to hospitality, industries can't find workers — and it's expected to only get worse

From construction to manufacturing to hospitality, industries can't find workers — and it's expected to only get worse

Provinces across the country are announcing their re-opening plans for the months ahead. Guest host Peter Armstrong talks to Canadian business owners about their hopes for a post-pandemic summer. and asks economist Benjamin Tal whether Canadians might finally be ready to spend all the pandemic savings they have sloshing around in their bank accounts.

Article content Canadian officials escalated efforts to cool the nation’s booming housing market, moving ahead with tighter mortgage qualification rules after the central bank issued a fresh warning against buyers taking on too much debt. Prime Minister Justin Trudeau’s government set a new benchmark interest rate on Thursday afternoon to determine whether people can qualify for mortgages that are insured by Canada’s housing agency. The move matches an April decision by the nation’s banking regulator to do the same for uninsured mortgages. We apologize, but this video has failed to lo...

As a reader interested in economic issues you are already aware of the big figures presented in the fiscal 2021-22 federal budget. The previous year’s deficit comes in at $354.2 billion, less than a projected $381 billion but still a shocking figure that is about 10 times larger than any previous deficit presented by the Liberals since 2015. The government is keeping its promise to spend an additional $100 billion over three years on recovery programs linked to rebuilding post-pandemic, which includes specific spending on a national childcare program valued at $30 billion over five years...