economy

Saskatchewan businesses have absorbed an “economic gash”

Mar 18, 2020 | 4:15pm

A survey of businesses taken by the Saskatchewan Chamber of Commerce this week regarding COVID-19 are coming up with results that shouldn’t be considered surprising. These are some of the highlights: 85% of businesses that responded have felt a negative impact already, and 87% believe the challenges will continue for two months or longer. The […]

COVID-19 dominates debate in Sask legislature for second day

Mar 17, 2020 | 2:51pm

  Debate in the Saskatchewan legislature centred on the covid-19 outbreak for the second day Tuesday. NDP leader Ryan Meili called for a provincial aid package to support struggling families, small businesses and the health care system. He says the time to act is now as the economy scales back. Premier Scott Moe says a […]

NDP attacks SaskParty government over coronavirus preparedness

Mar 9, 2020 | 3:50pm

  The NDP accuses the SaskParty government of being ill-prepared for the coronavirus and the downturn in the world economy. Opposition leader Ryan Meili says the SaskParty squandered money and failed to plan ahead. Premier Scott Moe says the SaskParty government has shifted its reliance away from resource revenue in recent years and gives the […]

Bank of Canada cuts key rate to 1.25 per cent amid coronavirus concerns

Mar 4, 2020 | 1:51pm

The Bank of Canada slashed its key interest rate target by half a percentage point, dropping it to 1.25 per cent in what economists saw as a rapid response to the growing economic shock from the novel coronavirus outbreak. The central bank said Wednesday that it cut its target for the overnight rate because COVID-19, […]

Majority of Canadians unhappy with Trudeau’s handling of blockade crisis: poll

Mar 4, 2020 | 8:54am

A new poll suggests Canadians weren’t happy with Justin Trudeau’s handling of the natural-gas pipeline dispute in British Columbia that led to nationwide rail and road blockades mounted in solidarity with Indigenous leaders who oppose the project. According to the Leger Marketing survey, 61 per cent of respondents said they were dissatisfied with the way […]

Wet’suwet’en chiefs, ministers reach proposed agreement in pipeline dispute

Mar 1, 2020 | 2:30pm

A Wet’suwet’en hereditary chief and senior government ministers say they have reached a proposed arrangement in a pipeline dispute that has prompted solidarity protests across Canada in recent weeks. Federal Crown-Indigenous Relations Minister Carolyn Bennett and British Columbia Indigenous Relations Minister Scott Fraser would not give details on the proposal, saying it first has to […]

Meili promises $15 minimum wage if elected

Feb 28, 2020 | 2:41pm

Saskatchewan’s minimum wage has increased 1.1 per cent since 2017, the lowest increase in all of Canada. The Canadian average is an increase of 4.79 per cent. NDP Leader Ryan Meili says it’s important to contrast that with the growth of the cost of living at 2.7 per cent, so it’s costing more to live […]

Trudeau to meet provincial, territorial leaders next month amid rising tensions

Feb 27, 2020 | 7:47pm

Prime Minister Justin Trudeau will sit down with provincial and territorial leaders on March 13 to wrestle with some of the thorny issues that are dividing the nation. The first ministers’ meeting, to be held in Ottawa, is to cover climate change, the economy, health care, infrastructure and equalization. The announcement of the meeting comes […]

Budget watchdog slashes economic growth projections, partly blames coronavirus

Feb 13, 2020 | 2:56pm

Canada’s economy slowed “sharply” in the final quarter of 2019, the parliamentary budget office said Thursday in its February economic and fiscal report. And the new coronavirus outbreak, combined with lower-than-expected business spending, will likely push economic growth lower in the first quarter of 2020, the PBO projected. “We expect real GDP to grow by […]

Eliminating red tape

Jan 20, 2020 | 12:00pm

The Canadian Federation of Independent Business is highlighting the problems arising from unnecessary government regulations for an 11th straight year. Red-Tape Awareness Weeks begins Monday with the nominees for the most ridiculous examples of red-tape. The winner the Paperweight Award will be announced Friday. Prairie Senior Policy Analyst Jennifer Henshaw says there has been a […]