National Newswatch

Was Chrystia Freeland wrong about inflation? Not according to her

Jun 18 2022 — Heather Scoffield — What’s missing from Chrystia Freeland’s take on inflation is a mea culpa. In a flurry of activity this week, the finance minister bundled together $8.9 billion in measures to help Canadians deal with higher prices, opened up the possibility of concrete action to come, addressed Bay Street, took questions from media, met criticism from the […]

Chrystia Freeland to unveil $7-billion plan to fight inflation

Jun 14 2022 — Heather Scoffield — Finance Minister Chrystia Freeland is finally gearing up to address our inflation predicament head-on, and not a moment too soon. On Thursday on Bay Street, Freeland will deliver what’s being flagged as a “significant” speech on inflation, affordability and the government’s plan to guide the economy through the current turbulence to a smooth landing. The […]

Canada’s worker shortage has one big upside for employers

Jun 11 2022 — Heather Scoffield — The supertight job market that is bedevilling employers and the Bank of Canada alike has an upside: it has managed to do quickly what employment equity practices and public policy have struggled with for years. It has drawn in racialized workers, new immigrants, young people, older workers and women in astounding numbers, making history along […]

Layoffs and sluggish growth: Is that the cure for inflation?

May 22 2022 — Heather Scoffield — It’s that time in our economic predicament when predicting a little bit of stagflation passes as optimism. Canada’s former central banker, Stephen Poloz, is looking at climbing prices, volatile oil markets and lower growth prospects. And what he sees as a best-case scenario is stagflation — that oxymoron that tripped us up in the late […]

Whether it’s cash or cryptocurrency, Canadians are worried about their money

Apr 24 2022 — Heather Scoffield — There were warning signs aplenty back in February that Canadians’ trust in money is especially fragile right now. The so-called “Freedom Convoy” was blocking the streets around Parliament Hill, and the federal government had just imposed the Emergencies Act, vowing to “follow the money” and put the squeeze on organizers who were threatening public safety. […]