Economy

Prince Edward Island government forecasts $98 million deficit in annual budget

Housing is one of the provincial government’s three priorities

By The Canadian Press |May 26, 2023

3 min read

Global house prices see first post-crisis drop

Canada, Germany and Australia lead decline in real prices, BIS reports

By James Langton |May 25, 2023

1 min read

Threat of U.S. credit downgrade looms over debt ceiling talks

The stakes are growing in the standoff in Washington over raising the nation's debt limit

May 25, 2023

3 min read

U.S. economic growth for Q1 revised up to a still tepid 1.3% annual rate

Despite the first-quarter slowdown, consumer spending reflected confidence

By Paul Wiseman, The Associated Press |May 25, 2023

3 min read