Economics and Resources

Please review each article prior to use: grade-level applicability and curricular alignment might not be obvious from the headline alone.

Canada Post asks jobs minister to force union to vote on ‘final offers’

The Canadian Press 3 minute read Preview

Canada Post asks jobs minister to force union to vote on ‘final offers’

The Canadian Press 3 minute read Sunday, Sep. 21, 2025

OTTAWA - Canada Post says it has asked Jobs Minister Patty Hajdu to force a union membership vote on the proposals the Crown corporation put forward earlier this week.

Canada Post presented its "final offers" to the union representing 55,000 workers on Wednesday, with concessions including an end to compulsory overtime and a signing bonus of up to $1,000.

But it stuck to a proposal for a 14 per cent cumulative wage hike over four years and part-time staff on weekend shifts – a major sticking point in the talks.

Canada Post said in a statement Friday that the parties are at an impasse and it believes the best hope of reaching a new collective agreement is a vote administered by the Canada Industrial Relations Board.

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Sunday, Sep. 21, 2025

CFL, nine member clubs donate over $4.5 million to grassroots football programs

The Canadian Press 4 minute read Preview

CFL, nine member clubs donate over $4.5 million to grassroots football programs

The Canadian Press 4 minute read Friday, Sep. 19, 2025

TORONTO - The CFL and its nine member clubs invested over $4.5 million into amateur football last year.

The league announced Friday that it and the nine franchises combined to donate $4,518,900 to grassroots football initiatives, projects and programs throughout Canada in 2024.

"The community involvement of the CFL, its clubs and players is something that sets us apart from other leagues," said CFL commissioner Stewart Johnston. "To be able, among all of the clubs in the league, to donate over $4.5 million is encouraging participation and exposure to the game and ultimately having kids fall in love with the sport.

"That's wonderful for a number of reasons, one of which is the game of football teaches such great skills that can be applied to life."

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Friday, Sep. 19, 2025

US inflation gauge cools with little sign of tariff impact, so far

Christopher Rugaber, The Associated Press 5 minute read Preview

US inflation gauge cools with little sign of tariff impact, so far

Christopher Rugaber, The Associated Press 5 minute read Sunday, Sep. 21, 2025

WASHINGTON (AP) — A key U.S. inflation gauge slowed last month as President Donald Trump’s tariffs have yet to noticeably push up prices. Spending by Americans slowed despite rising incomes, potentially an early reaction to higher prices on some imported goods.

Friday’s report from the Commerce Department showed that consumer prices rose just 2.1% in April compared with a year earlier, down from 2.3% in March and the lowest since September. Excluding the volatile food and energy categories, core prices rose 2.5% from a year earlier, below the March figure of 2.7%, and the lowest in more than four years. Economists track core prices because they typically provide a better read on where inflation is headed.

The figures show inflation is still declining from its post-pandemic spike, which reached the highest level in four decades in July 2022. Economists and some business executives have warned that prices will likely head higher as Trump’s widespread tariffs take effect, though the timing and impact of those duties are now in doubt after they were struck down late Wednesday in court.

On a monthly basis, overall prices and core prices both increased just 0.1% from March to April. The cost of big-ticket manufactured goods rose a hefty 0.5%, though that increase was offset by a 0.1 decline in other goods, such as groceries. The cost of services rose just 0.1% from March to April.

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Sunday, Sep. 21, 2025

RioCan REIT asks court to put joint venture with Hudson’s Bay into receivership: docs

Tara Deschamps, The Canadian Press 4 minute read Preview

RioCan REIT asks court to put joint venture with Hudson’s Bay into receivership: docs

Tara Deschamps, The Canadian Press 4 minute read Sunday, Sep. 21, 2025

TORONTO - RioCan Real Estate Investment Trust is pushing to put a joint venture it owns with Hudson's Bay into receivership.

A motion filed late Thursday from the real estate firm asks the Ontario Superior Court to appoint FTI Consulting Canada Inc. receiver of the companies that span the venture.

“The proposed receivership proceedings will provide the appropriate forum to protect the interests of the stakeholders of the joint-venture entities and maximize value,” RioCan’s chief financial officer Dennis Blasutti said in an affidavit filed alongside the motion.

Receivers are empowered by courts to take control of a company’s assets, oversee their liquidation and repay creditors.

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Sunday, Sep. 21, 2025

Floods kill at least 111 as northern Nigeria battles climate change, dry spells and heavy rainfall

Taiwo Adebayo, The Associated Press 2 minute read Preview

Floods kill at least 111 as northern Nigeria battles climate change, dry spells and heavy rainfall

Taiwo Adebayo, The Associated Press 2 minute read Saturday, Sep. 20, 2025

ABUJA, Nigeria (AP) — Torrents of predawn rain unleashed flooding that killed at least 111 people in a market town where northern Nigerian farmers sell their wares to traders from the south, officials said Friday, predicting the death toll would grow.

The Nigerian Hydrological Services Agency did not immediately say how much rain fell after midnight Thursday in the town of Mokwa in the state of Niger more than 180 miles (300 kilometers) west of Abuja, the capital of Africa's most populous nation.

Communities in northern Nigeria have been experiencing prolonged dry spells worsened by climate change and excessive rainfall that leads to severe flooding during the brief wet season.

In videos and photos on social media, floodwaters covered neighborhoods and homes were submerged, with their roofs barely visible above the brown colored waters. Waist-deep in water, residents tried to salvage what they could, or rescue others.

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Saturday, Sep. 20, 2025

New Zealand hails ‘breakthrough’ in trade talks with India, but no timeline for deal

The Associated Press 2 minute read Preview

New Zealand hails ‘breakthrough’ in trade talks with India, but no timeline for deal

The Associated Press 2 minute read Sunday, Sep. 21, 2025

NEW DELHI (AP) — New Zealand’s deputy prime minister said on Friday that talks over a free trade agreement between his country and India were ongoing, but he didn't provide a timeline for when the two nations could eventually sign a deal.

Winston Peters, who is on a two-day visit to India, said that the negotiations were “going with real meaning now," calling them “a breakthrough in our economic relationship.”

India and New Zealand began negotiations in March for a trade pact, and had aimed to sign a deal in 60 days. The deal will significantly bolster economic ties between the two countries, but it has faced delays because of differences over tariffs on dairy products.

Bilateral trade between India and New Zealand stood at $1.7 billion in the 2023-24 financial year.

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Sunday, Sep. 21, 2025

Bank of Canada expected to hold key rate after surprise Q1 GDP jump

Craig Lord, The Canadian Press 5 minute read Preview

Bank of Canada expected to hold key rate after surprise Q1 GDP jump

Craig Lord, The Canadian Press 5 minute read Sunday, Sep. 21, 2025

OTTAWA - The Canadian economy got a boost to start the year as businesses rushed to get ahead of tariffs, and some economists believe that lift will be enough to keep the Bank of Canada on the sidelines at its interest rate decision next week.

Real gross domestic product rose 2.2 per cent annualized in the first quarter of 2025, Statistics Canada reported Friday, up a tick from 2.1 per cent in the fourth quarter.

The first quarter figures topped StatCan’s flash estimate for annualized growth of 1.5 per cent and beat calls for 1.7 per cent from a Reuters poll of economists.

"We did get a better number, overall," said CIBC chief economist Avery Shenfeld.

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Sunday, Sep. 21, 2025

Residents, advocates say trust issues, strict rules, red tape keep encampments up

By Scott Billeck 6 minute read Preview

Residents, advocates say trust issues, strict rules, red tape keep encampments up

By Scott Billeck 6 minute read Friday, May. 30, 2025

Tents, tarps, and makeshift shelters line the beaten path along the Assiniboine River near Balmoral Street in West Broadway — a community hidden in plain sight.

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Friday, May. 30, 2025

Generating goodwill at the parking meter

Joanne Seiff 5 minute read Preview

Generating goodwill at the parking meter

Joanne Seiff 5 minute read Friday, May. 30, 2025

Recent reports from the City of Winnipeg about plans to remove all the downtown parking meters left our household upset.

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Friday, May. 30, 2025

Judge wrestles with far-reaching remedy proposals in US antitrust case against Google

Michael Liedtke And Alan Suderman, The Associated Press 5 minute read Preview

Judge wrestles with far-reaching remedy proposals in US antitrust case against Google

Michael Liedtke And Alan Suderman, The Associated Press 5 minute read Saturday, Sep. 20, 2025

WASHINGTON (AP) — The fate and fortunes of one of the world’s most powerful tech companies now sit in the hands of a U.S. judge wrestling with whether to impose far-reaching changes upon Google in the wake of its dominant search engine being declared an illegal monopoly.

U.S. District Judge Amit Mehta heard closing arguments Friday from Justice Department lawyers who argued that a radical shake-up is needed to promote a free and fair market. Their proposed remedies include a ban on Google paying to lock its search engine in as the default on smart devices and an order requiring the company to sell its Chrome browser.

Google’s legal team argued that only minor concessions are needed and urged Mehta not to unduly punish the company with a harsh ruling that could squelch future innovations. Google also argued that upheaval triggered by advances in artificial intelligence already is reshaping the search landscape, as conversational search options are rolling out from AI startups that are hoping to use the Department of Justice’s four-and-half-year-old case to gain the upper hand in the next technological frontier.

It was an argument that Mehta appeared to give serious consideration as he marveled at the speed at which the AI industry was growing. He also indicated he was still undecided on how much AI’s potential to shake up the search market should be incorporated in his forthcoming ruling. “This is what I’ve been struggling with,” Mehta said.

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Saturday, Sep. 20, 2025

Trump says US Steel will keep HQ in Pittsburgh in a sign he’ll approve bid by Japan-based Nippon

Marc Levy And Paul Wiseman, The Associated Press 5 minute read Preview

Trump says US Steel will keep HQ in Pittsburgh in a sign he’ll approve bid by Japan-based Nippon

Marc Levy And Paul Wiseman, The Associated Press 5 minute read Sunday, Sep. 21, 2025

WASHINGTON (AP) — President Donald Trump said Friday that U.S. Steel will keep its headquarters in Pittsburgh as part of what he called a “planned partnership” that seemed to signal that he’ll approve a bid by Japan-based Nippon Steel to make a big investment in the iconic American steelmaker, if not buy it outright.

Still, Trump's statement left it vague as to whether he is approving Nippon Steel's bid after he vowed repeatedly to block the deal to prevent U.S. Steel from being foreign-owned.

More recently, Trump suggested that Nippon Steel would invest in U.S. Steel, not buy it, and one union official suggested Friday that the federal government will have a role in the company's management going forward. But investors seemed to take Trump's statement as a sign that he's approving some sort of merger, sharply pushing up U.S. Steel's shares, and the companies issued approving statements.

Nippon Steel said the partnership is a “game changer — for U.S. Steel and all of its stakeholders, including the American steel industry, and the broader American manufacturing base.” U.S. Steel said it “will remain American, and we will grow bigger and stronger through a partnership with Nippon Steel that brings massive investment, new technologies and thousands of jobs over the next four years."

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Sunday, Sep. 21, 2025

See a penny, pick it up? In the future, probably not as often – and, some say, that matters

Deepti Hajela, The Associated Press 5 minute read Preview

See a penny, pick it up? In the future, probably not as often – and, some say, that matters

Deepti Hajela, The Associated Press 5 minute read Sunday, Sep. 21, 2025

NEW YORK (AP) — Ask someone for their thoughts: Could it now cost you a nickel? If you want to call somebody stingy, would you say they're a quarter-pincher? And if they spend money unwisely, are they now dime-wise but pound-foolish?

OK, maybe those are some minor, small-stakes, dare we say penny-ante concerns in the wake of the U.S. Treasury confirming Thursday that it will stop making shiny new penny coins after the current production run is complete.

But it is the end of an era in the United States. While there will still be over a billion already existing pennies in circulation, rattling around in jars, gathering dust under the sofa cushions and waiting to be picked up from sidewalks, no new cents will be joining their ranks for the first time in more than two centuries.

Answering advocates' demands to abandon the coin

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Sunday, Sep. 21, 2025

Trump signs executive orders to boost nuclear power, speed up approvals

Matthew Daly And Jennifer Mcdermott, The Associated Press 6 minute read Preview

Trump signs executive orders to boost nuclear power, speed up approvals

Matthew Daly And Jennifer Mcdermott, The Associated Press 6 minute read Monday, Sep. 22, 2025

WASHINGTON (AP) — President Donald Trump signed executive orders Friday intended to quadruple domestic production of nuclear power within the next 25 years, a goal experts say the United States is highly unlikely to reach.

To speed up the development of nuclear power, the orders grant the U.S. energy secretary authority to approve some advanced reactor designs and projects, taking authority away from the independent safety agency that has regulated the U.S. nuclear industry for five decades.

The order comes as demand for electricity surges amid a boom in energy-hungry data centers and artificial intelligence. Tech companies, venture capitalists, states and others are competing for electricity and straining the nation's electric grid.

“We’ve got enough electricity to win the AI arms race with China,” Interior Secretary Doug Burgum said. “What we do in the next five years related to electricity is going to determine the next 50" years in the industry.

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Monday, Sep. 22, 2025

Inquiry must be called to get answers on sand mine scandal

Tom Brodbeck 5 minute read Preview

Inquiry must be called to get answers on sand mine scandal

Tom Brodbeck 5 minute read Friday, May. 23, 2025

It’s pretty clear by now that an inquiry should be called into the Sio Silica scandal.

Ethics Commissioner Jeffrey Schnoor released his long-awaited report into the matter this week. He found that former premier Heather Stefanson, then deputy premier Cliff Cullen and then economic development minister Jeff Wharton, violated the province’s Conflict of Interest Act by attempting to approve a licence for a controversial silica sand mining project after their government was defeated in the Oct. 3, 2023 provincial election.

All three ministers pushed to have a Class 2 licence under the Environment Act approved for Sio Silica, days before the new NDP government was sworn into office.

They did so even though they knew, or ought to have known, that it violated the “caretaker convention,” a longstanding constitutional principle in Canada that prohibits governments from making major policy decisions once a general election is called (unless it’s related to an urgent matter of public importance).

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Friday, May. 23, 2025

Cohere asks U.S. court to toss complaint from media alleging copyright infringement

Tara Deschamps, The Canadian Press 3 minute read Preview

Cohere asks U.S. court to toss complaint from media alleging copyright infringement

Tara Deschamps, The Canadian Press 3 minute read Saturday, Sep. 20, 2025

TORONTO - Cohere is asking a U.S. court to throw out complaints from media outlets that have accused the artificial intelligence company of infringing on their copyright.

In a dismissal motion filed in a New York court on Thursday, Cohere accused publishers including the Toronto Star, Condé Nast, McClatchy, Forbes Media and Guardian News of deliberately using its software to "manufacture a case."

The Toronto-based company said the outlets must have "stylized" prompts they entered into Cohere's software to elicit portions of their own work, which sometimes included inaccuracies.

It argued nothing in the complaint filed by the outlets suggests that any real customer has ever used the company's software to infringe on the publisher's copyright.

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Saturday, Sep. 20, 2025

Harvard has long been the world’s top college. Trump’s sanction puts its allure at risk

Collin Binkley And Michael Casey, The Associated Press 7 minute read Preview

Harvard has long been the world’s top college. Trump’s sanction puts its allure at risk

Collin Binkley And Michael Casey, The Associated Press 7 minute read Saturday, Sep. 20, 2025

CAMBRIDGE, Mass. (AP) — For students around the world, an acceptance letter to Harvard University has represented the pinnacle of achievement, offering a spot among the elite at a campus that produces Nobel Prize winners, captains of industry and global leaders.

That allure is now in jeopardy. In its intensifying fight with the White House, Harvard was dealt its heaviest blow yet on Thursday, when the government blocked the Ivy League school from enrolling foreign students. The move threatens to undermine Harvard’s stature, revenue and appeal among top scholars globally.

Even more than the government’s $2.6 billion in research cuts, the administration's action represents an existential threat for Harvard. The school summed it up in a lawsuit seeking to block the action: “Without its international students, Harvard is not Harvard.”

Within hours of the decision, the consequences started becoming clear. Belgium’s Princess Elisabeth, who just finished her first year in a Harvard graduate program, is waiting to find out if she can return next year, the palace said. The Chinese government publicly questioned whether Harvard’s international standing will endure.

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Saturday, Sep. 20, 2025

Strike threat could push more customers away from struggling Canada Post

Christopher Reynolds, The Canadian Press 5 minute read Preview

Strike threat could push more customers away from struggling Canada Post

Christopher Reynolds, The Canadian Press 5 minute read Sunday, Sep. 21, 2025

MONTREAL - Canada Post customers may face delays as tens of thousands of workers swear off overtime shifts, though a much bigger disruption was averted after the union backed down from a strike threat.

Nonetheless, the possibility of escalating job action could continue to scare off customers who pulled their shipments over the past couple of weeks, draining more business from the cash-strapped organization.

“I’m scared for the future,” said Edmonton mail carrier Dustin Ellis, who recently went on leave to study for a new career in social work.

He said the union should show more flexibility on key sticking points such as part-time weekend work and "dynamic routing" — where the path carriers take can vary day to day.

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Sunday, Sep. 21, 2025

Venezuelan workers at Disney put on leave from jobs after losing protective status

Mike Schneider And Gisela Salomon, The Associated Press 4 minute read Preview

Venezuelan workers at Disney put on leave from jobs after losing protective status

Mike Schneider And Gisela Salomon, The Associated Press 4 minute read Thursday, Sep. 25, 2025

ORLANDO, Fla. (AP) — Almost four dozen Venezuelan workers who had temporary protected status have been put on leave by Disney after the U.S. Supreme Court allowed the Trump administration to strip them of legal protections.

The move was made to make sure that the employees were not in violation of the law, Disney said in a statement Friday.

The 45 workers across the company who were put on leave will continue to get benefits.

“We are committed to protecting the health, safety, and well-being of all our employees who may be navigating changing immigration policies and how they could impact them or their families,” the statement said.

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Thursday, Sep. 25, 2025

Trump threatens 50% tariffs on EU and 25% penalties on smart phones as his trade war intensifies

Josh Boak, The Associated Press 9 minute read Preview

Trump threatens 50% tariffs on EU and 25% penalties on smart phones as his trade war intensifies

Josh Boak, The Associated Press 9 minute read Sunday, Sep. 21, 2025

WASHINGTON (AP) — President Donald Trump on Friday threatened a 50% tax on all imports from the European Union as well a 25% tariff on smartphones unless those products are made in America.

The threats, delivered over social media, reflect Trump's ability to disrupt the global economy with a burst of typing, as well as the reality that his tariffs have yet to produce the trade deals he is seeking or the return of domestic manufacturing he has promised voters.

The Republican president said he wants to charge higher import taxes on goods from the EU, a longstanding US ally, than from China, a geopolitical rival that had its tariffs cut to 30% this month so Washington and Beijing could hold negotiations. Trump was upset by the lack of progress in trade talks with the EU, which has proposed mutually cutting tariffs to zero even as the president has publicly insisted on preserving a baseline 10% tax on most imports.

“Our discussions with them are going nowhere!” Trump posted on Truth Social. “Therefore, I am recommending a straight 50% Tariff on the European Union, starting on June 1, 2025. There is no Tariff if the product is built or manufactured in the United States.”

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Sunday, Sep. 21, 2025

Trump hosts top crypto investors as some industry leaders fear he’s putting personal profits first

Will Weissert And Alan Suderman, The Associated Press 8 minute read Preview

Trump hosts top crypto investors as some industry leaders fear he’s putting personal profits first

Will Weissert And Alan Suderman, The Associated Press 8 minute read Saturday, Sep. 20, 2025

WASHINGTON (AP) — President Donald Trump rewarded top investors in one of his cryptocurrency projects with a swanky dinner on Thursday night, an event that showed the ascendance of an emerging financial industry — and also the president's willingness to mix public office with personal profit.

Some 220 of the biggest investors in the $TRUMP meme coin were invited to Trump's luxury golf club in Northern Virginia, where they dined on filet mignon and halibut. According to participants' posts on social media, Trump spoke for about half an hour before dancing to the song “YMCA.”

Despite the White House insisting that Trump would be attending the event “in his personal time,” he stood behind a lectern with the presidential seal as he touted an industry that's generating profits for his family business.

After feeling unfairly targeted under President Joe Biden, the crypto industry has quickly become a powerful political force, donating huge sums to help Trump and friendly lawmakers. The U.S. Senate is advancing key pro-crypto legislation while bitcoin prices soar.

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Saturday, Sep. 20, 2025

Increasingly sophisticated deepfake AI-generated political ads threaten to unravel Canada’s social order

Jen Zoratti 12 minute read Preview

Increasingly sophisticated deepfake AI-generated political ads threaten to unravel Canada’s social order

Jen Zoratti 12 minute read Friday, Apr. 25, 2025

Increasingly sophisticated deepfake AI-generated internet political ads threaten to unravel Canada’s social order, experts warn, pointing to the successful war on truth U.S. President Donald Trump is waging south of the border.

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Friday, Apr. 25, 2025

Study shows importance of local news

Aaron Epp 5 minute read Preview

Study shows importance of local news

Aaron Epp 5 minute read Tuesday, Feb. 11, 2025

A new study shows the importance of local news to community knowledge, connections and democracy in small and mid-sized Canadian communities.

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Tuesday, Feb. 11, 2025

Sweeping tariffs could be 3% hit to Canadian economy, even with carve-outs: report

Sammy Hudes, The Canadian Press 5 minute read Preview

Sweeping tariffs could be 3% hit to Canadian economy, even with carve-outs: report

Sammy Hudes, The Canadian Press 5 minute read Sunday, Oct. 12, 2025

TORONTO - A CIBC report says sweeping tariffs imposed by the U.S. could cost the Canadian economy as much as 3.25 per cent, even factoring in possible exemptions for the oil and gas sector.

An analysis published Tuesday examined four potential scenarios in which U.S. President Donald Trump slaps new taxes on goods imported from Canada, ranging from 10 to 20 per cent and with possible carve-outs for key industries.

Speaking with reporters on Monday evening, Trump said he's thinking about hitting Canada and Mexico with 25 per cent tariffs on Feb. 1.

Prime Minister Justin Trudeau has said Canada would respond and that "everything is on the table."

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Sunday, Oct. 12, 2025

Manitoba to consider support for news outlets

Carol Sanders 6 minute read Preview

Manitoba to consider support for news outlets

Carol Sanders 6 minute read Friday, Nov. 15, 2024

The Manitoba government says it is dedicated to protecting democracy, journalism and freedom of the press and plans to strike an all-party committee to determine how best to do that.

“If there’s a business landscape that makes it much more difficult for journalists to keep doing that important work, I think there is a need to have a conversation about some form of public support or at least a fair hearing of those issues,” Premier Wab Kinew said Friday.

The promise will be unveiled in Tuesday’s throne speech, which kicks off the new legislative session.

The committee would “look at the future of journalism in the province, including whether there’s public supports that might be needed, or to discuss whether a specific percentage of government and Crown corporation advertising should be dedicated to supporting local media,” Kinew said.

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Friday, Nov. 15, 2024