Bank of Canada Governor Says Budget Incentives Will Enhance Productivity if Executed Well

Budget incentives will enhance productivity if executed well, Macklem says

Carney’s budget laid out billions of dollars as capital investments to build infrastructure, boost productivity, defence spending and housing

Bank of Canada governor says budget incentives will enhance productivity if executed well

OTTAWA (Reuters) -Bank of Canada Governor Tiff Macklem said on Wednesday the proposals in the federal budget to enhance the country’s productivity will yield results if they are executed well. “These things are pointing in the right direction, but it’s going to come down to execution,” he said, while answering questions during a testimony before the House of Commons Standing Committee on Finance. The federal budget was presented to Parliament on…

Komatsu creates ‘cornerstone’ Canadian distribution centre

Image: KomatsuKomatsu has announced a strengthening commitment to customers in Canada with a major investment in a full-service distribution centre in Alberta. The move, doubling the size of the company’s current parts distribution offering, is said to mark a significant step in Komatsu’s ongoing effort to enhance service levels, and reduce lead times across Canada. A new 135,000 square foot facility doubles the capacity of Komatsu’s current war…

Budget 2025: Carney’s Visionary Reform or Bureaucratic Overreach in a Government That Talks Big but Struggles to Execute

Prime Minister Mark Carney’s first federal budget arrives at a moment of economic anxiety and political fragmentation. With affordability worsening, investment fleeing, and public trust in government delivery at a low ebb, Budget 2025 attempts to reset Canada’s economic trajectory with $141.4 billion in new spending, five new federal agencies, and a sweeping vision of