Craig Lord

While National Newswatch does not keep an archive of external articles for longer than 6 months, we do keep all articles written by contributors who post directly to our site. Here you will find all of the contributed and linked external articles from Craig Lord.

Too soon to call recession, rules Canadian authority on economic downturns

Too soon to call recession, rules Canadian authority on economic downturns

The unofficial authority on recession calls in Canada says it's too soon to use that word to describe the sluggish economy. Debate has raged on Parliament Hill over whether the country is in a recession since Statistics Canada reported last week that the economy contracted for two quarters in a row. The C.D. Howe Institute's Business Cycle Council is traditionally...

Liberals' grocery benefit payments start for eligible Canadians today

Liberals' grocery benefit payments start for eligible Canadians today

OTTAWA -- One of the federal Liberals' flagship affordability measures will start landing in the bank accounts of eligible Canadians today.

Solid May jobs report 'should silence the recession crowd': BMO economist

Solid May jobs report 'should silence the recession crowd': BMO economist

A surprisingly strong May jobs report has reinforced many economists' views that the Canadian economy is not in a recession. Statistics Canada reported Friday that the economy added 88,000 jobs in May, topping economists' expectations for a gain of 10,000 positions. The agency said the unemployment rate fell to 6.6 per cent last month, down from 6.9 per cent in...

Solid May jobs report 'should silence the recession crowd': BMO economist

Solid May jobs report 'should silence the recession crowd': BMO economist

A surprisingly strong May jobs report has reinforced many economists' views that the Canadian economy is not in a recession.

Too soon to call recession, says Canadian authority on economic downturns

Too soon to call recession, says Canadian authority on economic downturns

OTTAWA -- The unofficial authority on recession calls in Canada says it's too soon to use that word to describe the sluggish economy.

Too soon to call recession, says Canadian authority on economic downturns

Too soon to call recession, says Canadian authority on economic downturns

OTTAWA -- The unofficial authority on recession calls in Canada says it's too soon to use that word to describe the sluggish economy.

Economy adds 88,000 jobs as unemployment rate falls to 6.6%: StatCan

Economy adds 88,000 jobs as unemployment rate falls to 6.6%: StatCan

The labour market rebounded with a surprise gain of 88,000 jobs in May, partially offsetting a bigger drop in employment since the start of the year, Statistics Canada said Friday. The agency said the unemployment rate fell to 6.6 per cent in May, down from 6.9 per cent in April. StatCan said May’s gains were the first significant increase in...

Economy adds 88,000 jobs as unemployment rate falls to 6.6%: StatCan

Economy adds 88,000 jobs as unemployment rate falls to 6.6%: StatCan

The labour market rebounded with a surprise gain of 88,000 jobs in May, partially offsetting a bigger drop in employment since the start of the year, Statistics Canada said Friday.

Champagne stands his ground after budget watchdog questions fiscal anchor

Champagne stands his ground after budget watchdog questions fiscal anchor

The federal finance minister is standing by his government's projections after Ottawa's budgetary watchdog cast doubt on Ottawa's ability to hit a key fiscal anchor. Parliamentary Budget Officer Annette Ryan on Thursday released her office's first economic and fiscal update since she assumed the role in April. Ryan predicts annual deficits will average $4.6 billion higher than Ottawa projected in...

Champagne stands his ground after budget watchdog questions fiscal anchor

Champagne stands his ground after budget watchdog questions fiscal anchor

OTTAWA -- The federal finance minister is standing by his government's projections after Ottawa's budgetary watchdog cast doubt on Ottawa's ability to hit a key fiscal anchor.

Budget watchdog forecasts deeper deficits than Ottawa projected in spring update

Budget watchdog forecasts deeper deficits than Ottawa projected in spring update

The federal government's budget watchdog says Ottawa has less than a one per cent chance of maintaining the key fiscal anchor of shrinking the deficit as a share of the economy every year. Parliamentary Budget Officer Annette Ryan today released her office's first economic and fiscal update since she assumed the role in April.

Budget watchdog forecasts deeper deficits than Ottawa projected in spring update

Budget watchdog forecasts deeper deficits than Ottawa projected in spring update

OTTAWA -- The parliamentary budget watchdog says Ottawa has less than a one per cent chance of maintaining the fiscal anchor of shrinking the deficit as a share of the economy every year.

Poilievre accuses Carney of ducking questions about Canada's sluggish economy

Poilievre accuses Carney of ducking questions about Canada's sluggish economy

Conservative Leader Pierre Poilievre accused Prime Minister Mark Carney on Monday of avoiding accountability after recent data showed the Canadian economy contracted again. Statistics Canada said Friday that real gross domestic product declined 0.1 per cent on an annualized basis in the first quarter. That's the second consecutive quarterly contraction to start the year, meeting some definitions of a technical...

Poilievre accuses Carney of ducking questions about Canada's sluggish economy

Poilievre accuses Carney of ducking questions about Canada's sluggish economy

OTTAWA -- Conservative Leader Pierre Poilievre accused Prime Minister Mark Carney on Monday of avoiding accountability after recent data showed the Canadian economy contracted again.

Canada slips into technical recession as economy stalls in Q1: StatCan

Canada slips into technical recession as economy stalls in Q1: StatCan

Statistics Canada says economic growth stalled in the first quarter, leading to a second consecutive decline in real gross domestic product. That meets some definitions for a technical recession, though not all economists weighing in on StatCan's Friday report were convinced the label was necessary. Real gross domestic product by expenditure was essentially unchanged on a quarter-over-quarter basis, StatCan said...

Canada slips into technical recession as economy stalls in Q1: StatCan

Canada slips into technical recession as economy stalls in Q1: StatCan

Statistics Canada says economic growth stalled in the first quarter, leading to a second consecutive decline in real gross domestic product.

Liberals prepare to lose climate champion as Guilbeault plans to quit Commons

Liberals prepare to lose climate champion as Guilbeault plans to quit Commons

The resignation of one of the most prominent environmental voices in the Liberal caucus was held up Wednesday as a watershed moment for a government accused of prioritizing economic development over climate policy. Former Liberal cabinet minister Stephen Guilbeault has announced he will leave his seat as a member of Parliament this summer. "I have come to the conclusion that...

Liberals prepare to lose climate champion as Guilbeault plans to quit Commons

Liberals prepare to lose climate champion as Guilbeault plans to quit Commons

OTTAWA -- The resignation of one of the most prominent environmental voices in the Liberal caucus was held up Wednesday as a watershed moment for a government accused of prioritizing economic development over climate policy.

Former cabinet minister Steven Guilbeault says he will resign as an MP this summer

Former cabinet minister Steven Guilbeault says he will resign as an MP this summer

OTTAWA -- Former environment minister Steven Guilbeault announced Wednesday that he will resign as a member of Parliament this summer following significant changes to federal climate policy under Prime Minister Mark Carney.

Former cabinet minister Steven Guilbeault says he will resign as an MP this summer as Carney thanks him for his service

Former cabinet minister Steven Guilbeault says he will resign as an MP this summer as Carney thanks him for his service

OTTAWA -- Former environment minister Steven Guilbeault announced Wednesday that he will resign as a member of Parliament this summer in the wake of significant changes to federal climate policy under Prime Minister Mark Carney.

Former cabinet minister Steven Guilbeault says he will resign as an MP this summer as Carney thanks him for his service

Former cabinet minister Steven Guilbeault says he will resign as an MP this summer as Carney thanks him for his service

Former environment minister Steven Guilbeault announced Wednesday that he will resign as a member of Parliament this summer following significant changes to federal climate policy under Prime Minister Mark Carney. "I have come to the conclusion that it is time for me to pursue my fight for environmental protection and the fight against climate change in a different way," the...

Carney thanks Steven Guilbeault for his service ahead of MP's resignation

Carney thanks Steven Guilbeault for his service ahead of MP's resignation

OTTAWA -- Prime Minister Mark Carney thanked former cabinet minister Steven Guilbeault for his contributions to government as the Liberal MP prepared to announce his resignation Wednesday.

Ottawa launches national aerial firefighting fleet for 2026 wildfire season
Chinese Embassy in Canada denounces MP Chong's visit to Taiwan

Chinese Embassy in Canada denounces MP Chong's visit to Taiwan

China's embassy in Canada says a Canadian MP's visit to Taiwan crosses a "red line" at a time when Ottawa is attempting to rebuild its relationship with Beijing. Conservative MP Michael Chong is in Taiwan this week to meet with Taiwanese officials and assert Canadian sovereignty after China's ambassador to Canada warned MPs against travelling to Taiwan in an interview...

Chinese Embassy in Canada denounces MP Chong's visit to Taiwan

Chinese Embassy in Canada denounces MP Chong's visit to Taiwan

OTTAWA -- China's embassy in Canada says a Canadian MP's visit to Taiwan crosses a "red line" at a time when Ottawa is attempting to rebuild its relationship with Beijing.

Ottawa still pledging to double construction pace despite home building headwinds

Ottawa still pledging to double construction pace despite home building headwinds

The federal Liberal government is sticking to its pledge to double the pace of home building even as headwinds buffet the construction industry. Prime Minister Mark Carney promised in his 2025 election platform to make investments that would double the pace of housing construction over the next decade to drive down the costs of rent and home ownership. Parliamentary Budget...

Ottawa still pledging to double construction pace despite home building headwinds

Ottawa still pledging to double construction pace despite home building headwinds

OTTAWA -- The federal Liberal government is sticking to its pledge to double the pace of home building even as headwinds buffet the construction industry.

Energy sector investment, exchange rate factors in possible Bank of Canada rate hikes

Energy sector investment, exchange rate factors in possible Bank of Canada rate hikes

OTTAWA -- The Bank of Canada's governing council says it's weighing a range of different paths for its benchmark interest rate to cope with inflation risks from the Iran war.

Bank of Canada head 'encouraged' by Ottawa's efforts to diversify economy

Bank of Canada head 'encouraged' by Ottawa's efforts to diversify economy

Bank of Canada governor Tiff Macklem says he's "encouraged" by the federal government's efforts to diversify the economy and protect it against increasingly common shocks to global trade. He also says Ottawa's fiscal update, tabled earlier this week, will likely have little impact on the central bank's forecasts for inflation. Macklem made the comments in an interview with The Canadian...

Bank of Canada head 'encouraged' by Ottawa's efforts to diversify economy

Bank of Canada head 'encouraged' by Ottawa's efforts to diversify economy

OTTAWA -- Bank of Canada governor Tiff Macklem says he's "encouraged" by the federal government's efforts to diversify the economy and protect it against increasingly common shocks to global trade.

Liberals target affordability to meet era of uncertainty in spring fiscal update

Liberals target affordability to meet era of uncertainty in spring fiscal update

The federal Liberals say they're getting a windfall from better-than-expected fiscal revenues and are largely putting that money back into circulation to support households and build up the economy. But Ottawa's spring economic update also sees some darker clouds on the horizon as uncertainty over the Iran war and U.S. tariffs threatens growth in the years ahead. Finance Minister Francois-Philippe...

Liberals target affordability to meet era of uncertainty in spring fiscal update

Liberals target affordability to meet era of uncertainty in spring fiscal update

OTTAWA -- The federal Liberals say they're getting a windfall from better-than-expected fiscal revenues and are largely putting that money back into circulation to support households and build up the economy.

CP NewsAlert: Liberals target affordability to meet era of uncertainty

CP NewsAlert: Liberals target affordability to meet era of uncertainty

OTTAWA -- The federal Liberals say they're getting a windfall from better-than-expected fiscal revenues and are largely putting that money back into circulation to support households and build up the economy.

Prime Minister Mark Carney promises 'good news' in spring economic update

Prime Minister Mark Carney promises 'good news' in spring economic update

OTTAWA -- Prime Minister Mark Carney says the Liberals are "good fiscal managers" — and he'll have the chance to prove it when the federal government tables its spring economic update Tuesday afternoon.

Prime Minister Mark Carney promises 'good news' in spring economic update

Prime Minister Mark Carney promises 'good news' in spring economic update

Prime Minister Mark Carney says the Liberals are "good fiscal managers" — and he'll have the chance to prove it when the federal government tables its spring economic update Tuesday afternoon. The federal government typically tables mid-year updates between annual budgets to revise its economic and fiscal projections. These updates can include new spending and are sometimes referred to as...

Liberals must show results in spring economic update: former PBO

Liberals must show results in spring economic update: former PBO

Prime Minister Mark Carney will be under pressure to show results from his economic agenda when his government tables an update to its fiscal outlook on Tuesday. The spring economic statement comes one year to the day after the party secured a minority mandate in the federal election, a fourth win for the Liberals in a row, but the first...

Liberals must show results in spring economic update: former PBO

Liberals must show results in spring economic update: former PBO

OTTAWA -- Prime Minister Mark Carney will be under pressure to show results from his economic agenda when his government tables an update to its fiscal outlook on Tuesday.

Housing minister says Liberal ridings aren't favoured for funding after Gladu comment

Housing minister says Liberal ridings aren't favoured for funding after Gladu comment

Housing Minister Gregor Robertson says Ottawa doesn't prioritize infrastructure funding in Liberal ridings. Ontario MP Marilyn Gladu told the Sarnia Observer that shortly after she left the Conservatives for the Liberal caucus she received a call from Robertson to discuss infrastructure priorities in her riding.

Housing minister says Liberal ridings aren't favoured for funding after Gladu comment

Housing minister says Liberal ridings aren't favoured for funding after Gladu comment

OTTAWA -- Housing Minister Gregor Robertson says Ottawa is not prioritizing infrastructure funding in Liberal ridings after floor-crossing MP Marilyn Gladu implied earlier this month that she was getting more attention after leaving the Conservatives.

Bank of Canada appoints two deputy governors, dropping 'external' title for one

Bank of Canada appoints two deputy governors, dropping 'external' title for one

OTTAWA -- The Bank of Canada is filling two vacancies on its governing council with a pair of economists who are already well known at the central bank.

Inflation expected to jump in March as Iran oil shock enters price data

Inflation expected to jump in March as Iran oil shock enters price data

OTTAWA -- Statistics Canada will reveal the early impacts of the Iran war's oil price shock on inflation when the agency reports its consumer price index for March on Monday.

Poilievre blasts Carney, Liberal economic record in Canadian Club speech

Poilievre blasts Carney, Liberal economic record in Canadian Club speech

Conservative Leader Pierre Poilievre says a new Liberal majority government means Prime Minister Mark Carney no longer has any excuse for failing to deliver on his economic promises. Poilievre spoke to a business crowd at the Canadian Club Toronto on Thursday to lay out his vision for Canada's economy. He spent much of his time at the podium attacking Carney's...

Poilievre blasts Carney, Liberal economic record in Canadian Club speech

Poilievre blasts Carney, Liberal economic record in Canadian Club speech

OTTAWA -- Conservative Leader Pierre Poilievre says a new Liberal majority government means Prime Minister Mark Carney no longer has any excuse for failing to deliver on his economic promises.

Liberals to table spring economic statement on April 28

Liberals to table spring economic statement on April 28

OTTAWA -- Finance Minister François-Philippe Champagne says the federal government will table its spring economic update on April 28.

Liberals plan to suspend federal fuel excise tax until Labour Day

Liberals plan to suspend federal fuel excise tax until Labour Day

OTTAWA -- The Liberal government will suspend the excise fuel tax on gasoline and diesel until Labour Day as the Iran war sends energy costs surging, Prime Minster Mark Carney announced Tuesday.

Liberals plan to suspend federal fuel excise taxes until Labour Day

Liberals plan to suspend federal fuel excise taxes until Labour Day

OTTAWA -- The Liberal government will suspend the excise fuel tax on gasoline and diesel until Labour Day as the Iran war sends energy costs surging, Prime Minster Mark Carney announced on Tuesday.

CP NewsAlert: Liberals suspend federal fuel excise taxes until Labour Day

CP NewsAlert: Liberals suspend federal fuel excise taxes until Labour Day

OTTAWA -- Prime Minister Mark Carney says Canada will suspend the excise fuel tax on gasoline and diesel until Labour Day as the Iran war sends energy costs surging.

Liberals plan to suspend federal fuel excise taxes until Labour Day

Liberals plan to suspend federal fuel excise taxes until Labour Day

OTTAWA -- The Liberal government will suspend the excise fuel tax on gasoline and diesel until Labour Day as the Iran war sends energy costs surging, Prime Minster Mark Carney announced on Tuesday.

Jobs minister urges youth to pursue skilled trades despite generational stigma

Jobs minister urges youth to pursue skilled trades despite generational stigma

OTTAWA -- Federal Jobs Minister Patty Hajdu says Canada must break the stigma around careers in the skilled trades if the Liberals want to achieve their infrastructure and homebuilding agenda.

Canada condemns Israel for Lebanon strikes, calls on Hezbollah to disarm

Canada condemns Israel for Lebanon strikes, calls on Hezbollah to disarm

Canada is condemning Israel for striking Lebanon hours after an apparent ceasefire was struck in the Middle East conflict and is calling on Hezbollah to disarm in favour of diplomatic solutions. Despite an 11th-hour ceasefire announced by U.S. President Donald Trump on Tuesday, Israel attacked Beirut on Wednesday in a renewed effort to strike at the Iran-backed Hezbollah militant group...

Canada condemns Israel for Lebanon strikes, calls on Hezbollah to disarm

Canada condemns Israel for Lebanon strikes, calls on Hezbollah to disarm

OTTAWA -- Canada is condemning Israel for striking Lebanon hours after an apparent ceasefire was struck in the Middle East conflict and is calling on Hezbollah to disarm in favour of diplomatic solutions.

Carney says Canada not considering sanctioning Israel over Lebanon strikes

Carney says Canada not considering sanctioning Israel over Lebanon strikes

OTTAWA -- Prime Minister Mark Carney said Thursday Canada is not considering sanctions on Israel after it attacked Lebanon this week and appeared to violate a ceasefire agreement in the Middle East.

Tax cuts not the only way to help Canadians as gas prices rise: economists

Tax cuts not the only way to help Canadians as gas prices rise: economists

OTTAWA -- The federal Conservatives are calling on Ottawa to return some of the revenue from higher gasolines prices to give Canadians a break at the pumps but some economists say cutting gas taxes isn't the only way to deliver relief.

Union claims airlines are 'flying the plane' in Ottawa's unpaid work probe

Union claims airlines are 'flying the plane' in Ottawa's unpaid work probe

OTTAWA -- The Canadian Union of Public Employees says the federal government's probe into allegations of unpaid work in the airline sector is not taking workers' arguments seriously.

Carney breaks down plans to spend $51B on local infrastructure
Canada in the European Union? Poll suggests broad openness to the idea

Canada in the European Union? Poll suggests broad openness to the idea

New polling suggests a majority of Canadians think Canada ought to explore joining the European Union at a fraught time for geopolitical relations. A survey of 4,000 people conducted by Spark Advocacy's polling arm in March found that one in four respondents thought it would be a good idea for Canada to formally join the economic and political bloc of...

Canada in the European Union? Poll suggests broad openness to the idea

Canada in the European Union? Poll suggests broad openness to the idea

New polling suggests a majority of Canadians think Canada ought to explore joining the European Union at a fraught time for geopolitical relations.

Bank of Canada relying on 'judgment' to steer policy rate through Iran war shock

Bank of Canada relying on 'judgment' to steer policy rate through Iran war shock

OTTAWA -- Monetary policy-makers at the Bank of Canada are relying more heavily on their own reasoning to chart a course for the policy interest rate through conflicting economic signals tied to the war in the Middle East.

Ottawa's fiscal year shaping up better than budget forecasts: BMO economist

Ottawa's fiscal year shaping up better than budget forecasts: BMO economist

OTTAWA -- The federal government's annual deficit for the fiscal year ending today is tracking below Ottawa's own expectations set out the 2025 budget, despite increased spending.

Ottawa extending 2% alcohol tax hike cap for another 2 years

Ottawa extending 2% alcohol tax hike cap for another 2 years

The federal government is set to extend its cap on an annual alcohol tax increase for another two years in a bid to rein in costs facing Canada's brewers, wineries and distilleries. Excise taxes on booze had faced annual increases pegged to inflation on April 1 each year, but the Liberal government has temporarily capped those hikes at two per...