International trade
Alberta's Premier Danielle Smith and President of Treasury Board and Minister of Finance Nate Horner announced a remarkable surplus of $8.3 billion for the 2024-25 fiscal year, marking the fourth consecutive year of surplus. This surplus is attributed to higher-than-expected resource revenues, corporate and personal income tax
Economic growth
The Canadian economy experienced a slight contraction in April, marking the first full month of US tariffs on various sectors, including steel, aluminum, and automotive industries. Despite the decline, Statistics Canada's advance estimate for May pointed to a similar drop, leaving the country's economic growth on
International trade
Alberta's economy has exhibited remarkable resilience in the face of global trade challenges, delivering its fourth consecutive surplus, totalling $8.3 billion. The surplus is largely attributed to increased resource revenues, high corporate and personal income tax revenue, and impressive investment income. In an era of economic uncertainty,
International trade
The Government of Canada has enacted the One Canadian Economy: An Act to enact the Free Trade and Labour Mobility in Canada Act and the Building Canada Act, which received Royal Assent on June 26, 2025. The Building Canada Act sets the stage for consultations with provinces, territories, and Indigenous
International trade
The Canadian government has taken a significant step towards building a stronger and more united nation with the receipt of Royal Assent for the One Canadian Economy Act. This legislation is designed to supercharge productivity, economic growth, and competitiveness by streamlining federal review and approval processes, removing federal barriers to
Economic growth
The Canadian government has passed the One Canadian Economy Act, which aims to supercharge productivity, economic growth, and competitiveness in the country. Bill C-5, the legislation, received Royal Assent on June 26, 2025. The act is designed to expedite nation-building projects, including the Building Canada Fund, which supports infrastructure development
Economic growth
The City of Tshwane is preparing to leverage the upcoming C20 and G20 meetings in South Africa to demonstrate its capabilities in hosting international conferences, highlighting its infrastructure, hospitality, and tourism sector. Member of Mayoral Committee for Economic Development and Spatial Planning, Sarah Mabotsa, emphasized the significance of tourism in
International trade
The 17th US-Africa Business Summit has taken place amidst significant uncertainty, driven by US government changes that have negatively impacted long-standing trade relations, according to President Advocate Duma Boko. The summit provided an opportunity for businesses and African leaders to come together and build a united force to grow existing
Economic growth
China's southern technology hub, Shenzhen, is at the forefront of the country's efforts to cultivate a low-altitude economy through drone technology. For years, the government has provided strong support for drone production, and it is now seeking to apply these technologies in other sectors of the
Economic growth
In a new era of Canadian politics, Prime Minister Mark Carney's government has been focusing on linking economic growth to daily life. However, research by Abacus Data suggests that Canadians are cautiously hopeful but far from convinced about the benefits of economic growth. A survey of over 2,
Economic growth
The South African manufacturing sector is grappling with severe uncertainty as it faces significant headwinds from global challenges, according to economists. The sector, which is a key driver of job creation and economic growth, has witnessed a sixth consecutive month of contraction, with a 6.3% year-on-year decline in April.
Economic growth
The South African economy has shown signs of recovery, despite reporting disappointing GDP growth (0.1%) in Q1 2025 and the announcement of Goodyear's closure, resulting in 900 permanent job losses. The JSE and the Rand have been recovering, with the ALSI ending Friday at a new weekly
