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Articles on Economy

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The gap between perceived and preferred equality is growing among Canadians. (Shutterstock)

Canadians are losing faith in the economy — and it’s affecting their perception of inequality

Perceptions of extreme inequality undermine peoples’ belief that the economy is working for them. This, in turn, dampens their aspirations to improve their economic lot.
A wildfire during hot, dry conditions in August 2023 destroyed Lahaina, Hawaii, and devastated Maui’s tourism industry – the heart of its economy. (Robert Gauthier/Los Angeles Times via Getty Images

Why the Fed should treat climate change’s $150B economic toll like other national crises it’s helped fight

Fed Chair Jerome Powell bristles at talk of managing climate change, but the damage it is doing the US economy is hard to ignore, as the latest National Climate Assessment shows.

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