Articles on Economy

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Inflation has fallen sharply from its 2022 peak, but many Canadians are still feeling the effects of higher prices. THE CANADIAN PRESS/Ethan Cairns

Inflation is slowing, but the cost of living story is more complicated

Lower inflation does not mean prices will return to where they were before. Inflation measures the average change in prices over time, not which specific prices are rising or falling.
Crude oil tankers SFL Sabine, back left, and Tarbet Spirit are seen docked at the Trans Mountain Westridge Marine Terminal, where crude oil from the expanded Trans Mountain Pipeline is loaded onto tankers, in Burnaby, B.C., June 10, 2024. THE CANADIAN PRESS/Darryl Dyck

Alberta’s proposed West Coast pipeline faces a high‑stakes economic test

A newly proposed pipeline to B.C.’s coast promises tens of thousands of jobs and billions in GDP growth. But falling Asian oil demand and a track record of cost overruns complicate the picture.
Iran goalkeeper Alireza Beiranvand (1) saves a goal during the World Cup Group G soccer match between Belgium and Iran in Inglewood, Calif., near Los Angeles on June 21, 2026. (AP Photo/Jayne Kamin-Oncea)

At the 2026 World Cup, there will be more winners than just the champion

While it’s impossible to predict the champion, the 2026 World Cup already has many winners: the qualifying teams, the host countries and FIFA are all reaping record financial and media benefits.

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