Canada posts July GDP gain but August signals a slowdown
Statistics Canada reports real GDP up 0.2 per cent in July led by retail trade and the public sector, while August data hint essentially no growth as oil and gas, services, and manufacturing show mixed results. Fires and disruptions weigh on transportation and accommodation, with analysts forecasting possible 50 basis point rate cut in October.
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Statistics Canada
TD Bank
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Bank of Canada
Federal Reserve
Ercolao
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Rocky Mountains
Canada
Tiff Macklem
Liberals invite Singh to briefing on carbon pricing
Environment Minister Guilbeault and Energy Minister Wilkinson invite NDP Leader Jagmeet Singh to a briefing to explain carbon pricing and its rebates. Singh rebutts Liberal record, accuses government of broken promises and regional disparities, while Conservatives push to ax the levy and call for an early election.
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Ottawa
NDP
Jagmeet Singh
Singh
Environment
Steven Guilbeault
Energy
Jonathan Wilkinson
Canada
Liberals
Conservatives
Pierre Poilierre
House of Commons
Parliament Hill
BC campaigns push housing plans in election race
British Columbia candidates unveil housing strategies. NDP leader David Eby promotes factory built homes in Cumberland, claiming faster, cheaper, less wasteful construction. Conservative John Rustad seeks six month rezoning and three month permit caps, with province issuing permits if cities miss timelines.
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British Columbia
B.C
John Rustad
Surrey
NDP
David Eby
Cumberland
Vancouver Island
Eby
Rustad
BC election debate over housing rules and prefab homes plan
A BC political clash centers on cutting housing red tape and expanding factory built homes. Conservatives demand amending the Local Government Act to speed builds and approve new towns outside the Agricultural Land Reserve. The NDP touts a provincewide prefab framework with pre approved designs to streamline permits and grow a local factory built industry, citing existing plants and applicants while stressing regional customization.
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BC Assessment
B.C
NDP
Eby
Muchalat Construction Ltd
Nia
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