Peter Armstrong
Senior Business Reporter
Peter Armstrong is a senior business reporter for CBC News. A former host of On the Money and World Report on CBC Radio, he was previously a foreign correspondent and parliamentary reporter for CBC. Subscribe to Peter's newsletter here: cbc.ca/mindyourbusiness Twitter: @armstrongcbc
Latest from Peter Armstrong
Analysis
Will the Canadian dollar slip below 70 cents US?
The Canadian dollar has slipped to its lowest level in five years. Outside of the depths of the COVID pandemic, the loonie is weaker than it's been since 2015.
Business |
Analysis
What if Trump is right on trade?
Experts say Trump's trade policy could wreak havoc on international trade. His supporters say free trade has been a disaster. What's at risk and what if the consensus on free trade is wrong?
Business |
Analysis
Canadian trade survived the first Trump presidency. Here's how it can survive the second
Donald Trump is returning to the White House with big plans to remake the global trade landscape. That could be a disaster for Canada's economy. But key players of the last trade war believe they can mitigate the damage.
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Analysis
Watching an NHL game this season may be more complicated than you think
Rogers Communications still has two years left on its broadcast deal with the NHL. But changes are already coming for the way you watch games.
Business |
Analysis
Canada's unemployment rate rises to 6.6%, sparking concerns
Canada's unemployment rate has climbed to the highest level seen since 2017, excluding the COVID era. It's just the latest economic indicator flashing red and puts yet more pressure on the Bank of Canada to accelerate rate cuts.
Business |
Analysis
The Bank of Canada's growing list of worries
The Canadian economy is awash in contradictions. Progress has been made in the fight against inflation. The economy has dodged a recession. But unemployment is rising, consumer spending is expected to slow further and the Bank of Canada has a laundry list of things it's worried about.
Business |
Analysis
Cutting interest rates was easy. But the Bank of Canada still has a credibility problem
Bank of Canada governor Tiff Macklem says the central bank has to rebuild trust with Canadian households. After the last two years of interest rate hikes and messaging missteps, that's not going to be an easy job.
Business |
Analysis
The shadow fleet of oil tankers enabling Russia's war and undermining global sanctions
Despite Western sanctions meant to curtail energy exports and squeeze its economy, experts say Russia is using its so-called shadow fleet of tankers to make as much as $1 billion a day selling oil, skirting a global price cap and funding its war in Ukraine.
Business |
Analysis
Amazon Prime's NHL deal breaches cable TV's last line of defence: live sports
Cable TV's last line of defence against cord cutting has long been the audience for live sports. But streaming companies that have bled the cable giants of viewers for years are now bidding for the rights to stream NHL, NBA, MLB and NFL games.
Business |
Analysis
EV sales have slowed. Do massive subsidies still make sense?
Honda and Toyota are promising billions in new EV investments as governments hand out subsidies and tax credits. But EV sales in North America have slowed amid concerns over costs and range anxiety.
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