The Finance Ministry issued a blunt warning this week: inflation remains unstable. The statement, tucked into the monthly economic review, arrived with timing that matters. The Reserve Bank of India's Monetary Policy Committee meets in three days to decide whether the current repo rate holds or moves. Two
Ottawa sent Boeing a polite no last month and chose Sweden's Saab GlobalEye for the RCAF's new early-warning fleet. The economics won't favor Canada. The Saab platform costs more per airframe than the Boeing E-7 Wedgetail that the U.S., UK, and
A forty-eight-year-old partner at a Toronto wealth boutique transferred $2.3 million to an offshore account last September after receiving voice authorization from his managing partner. The call lasted ninety seconds. The voice was perfect. The authorization code was correct. The account number matched a client file
CMHC insured 71,733 multi-unit units this quarter, not because the rental market suddenly got hot, but because the structure of Canadian housing finance has changed. The number itself is less important than what it represents: a fundamental reordering of how housing gets built, who pays for it, and
Last week in Toronto, 527 competitors spent three days under pressure. They welded. They wired. They coded automated systems and laid precise brick patterns and troubleshot industrial machinery that had been deliberately sabotaged for the event. The youngest was 15. The oldest, an apprentice electrician from Alberta, was 24. They
The consumer spending numbers for April 2026 don't show a collapse. They show something quieter and worse: a 0.1% monthly crawl, the kind of marginal gain that barely registers as movement. Real disposable income — what people actually have left after taxes and inflation — tightened enough that households
Malaysia has decided it will not accelerate defense spending in response to US calls for Indo-Pacific partners to shoulder a larger share of regional security costs. The position, articulated by Defense Minister Mohamed Khaled Nordin, reflects a deliberate choice: the government views military modernization as one priority among several,
Laurentian Bank stopped taking new mortgage applications in late 2024. By Q2 2026, the portfolio had contracted at a high-single-digit annual rate. The bank isn't trying to grow mortgages anymore — it's trying to sell them. But the real shift isn't on Laurentian&
Pete Hegseth landed in Asia this week and spent his first set of press conferences explaining why he trusts Seoul, Tokyo, and Canberra more than he trusts Brussels. The U.S. Defense Secretary praised Indo-Pacific partners for their readiness, their hardware purchases, and their willingness to match strategic priorities
The SpaceX tender offer that valued the company near $210 billion created something unexpected: a reservoir of liquid capital hunting for the next exposure point in the AI stack. Early investors who sold secondary shares aren't rotating into more US software. They're buying Asian semiconductor manufacturers,
Canada grew by 0.4% in the first quarter of this year. The Bank of Canada had forecast 1.7%. That gap is not a rounding error. It's a stall. Tim Hortons, the brand that spent decades positioning itself as the corporate embodiment of working-class Canada, announced
A Russian Shahed drone crossed from Ukraine into Romanian airspace last Friday and crashed into an apartment building in a town near the border. No one was killed. The debris was cleaned up. NATO issued a statement affirming that the incursion was "likely unintentional." The story cycled out