Economy – Global Times

: Money

No more federal budget watchdog in Ottawa as interim PBO’s term expires March 2, 2026
Interim PBO Jason Jacques was appointed to a six-month term in September that ended at 5 p.m. ET Monday without a successor in place.
Globalnews Digital
Wall Street, global markets swing in 1st trading day of Iran conflict March 2, 2026
Oil prices leaped, and stock markets worldwide swung from sharp losses to a tiny gain following military strikes by the U.S. and Israel on Iran, including Wall Street and the TSX.
Globalnews Digital
AI allows for ‘significantly smaller team,’ Block says of 40% staff cut February 27, 2026
'The core thesis is simple. Intelligence tools have changed what it means to build and run a company,' CEO Jack Dorsey said in a letter to shareholders of the financial tech firm.
Globalnews Digital
Netflix walks away from Warner Bros deal, clearing the path for Paramount February 27, 2026
Warner’s board announced that Paramount’s latest offer to buy the entire company for $31 per share was superior to the agreement it had previously struck with Netflix.
Globalnews Digital
Alberta budget 2026 comes with spending hikes but $9.4B deficit February 26, 2026
Premier Danielle Smith’s UCP government has introduced a new Alberta budget that promises more money for health and education but also an eye-popping deficit of $9.4 billion.
Globalnews Digital
Liberals survive confidence vote as House passes budget implementation bill February 26, 2026
The legislation enacts key measures proposed in the Liberals' 2025 federal budget, which passed a confidence vote for Prime Minister Mark Carney's government in November last year.
Globalnews Digital
Canadian banks are preparing themselves for more bad loans this year February 26, 2026
Canada's biggest banks have been setting aside hundreds of millions of dollars in case customers can't pay off their loans, including mortgages.
Ariel Rabinovitch
Canadian couples say they need $1.7M to retire. Are you on track? February 25, 2026
A recent RBC survey says millennials feel they will need nearly a million ($999,000) in individual savings to have a shot at a comfortable retirement.
Uday Rana
Mortgage debt soars while starter homes get out of reach for many Canadians February 24, 2026
In addition to higher mortgage costs, new homebuyers are also struggling with the cost of buying starter homes in today’s housing market, a new report shows.
Uday Rana
Tax filing season is here. What you need to know to get the most money back February 24, 2026
Tax filing season has officially kicked off and some Canadians will be able to get money back from the government, but starting early and being aware of changes is important.
Ariel Rabinovitch