Don Pittis

Business columnist

Based in Toronto, Don Pittis is a business columnist and senior producer for CBC News. Previously, he was a forest firefighter, and a ranger in Canada's High Arctic islands. After moving into journalism, he was principal business reporter for Radio Television Hong Kong before the handover to China. He has produced and reported for the CBC in Saskatchewan and Toronto and the BBC in London.

Latest from Don Pittis


Are we voting with our wallets to overheat the planet?

Surveys of Canadians have repeatedly shown that a majority would choose to prevent the bad things caused by climate change. Politicians think we won't make sacrifices. Maybe we won't have to, writes Don Pittis in his last business column for CBC News.

If you don't like inflation, you'll hate deflation

The popular idea that prices should fall to previous lows gives most economists chills. Deflation is bad for everyone, they say.

Can the free market ensure artificial intelligence won't wipe out human workers?

People keep predicting that each wave of new technology will mean humans can put their feet up. It hasn't happened yet. Some economists and anthropologists who study the subject say even with the arrival of artificial intelligence, humans will remain integral to making the world go round.

Xi Jinping struggles to patch cracks in the Chinese success story

As China's property market goes through another meltdown, critics warn China's form of "despotic capitalism" could be facing its Minsky moment. But can Beijing's leadership put the economy back on track? Or will Xi Jinping have to resort to harsher methods?

Jerome Powell's Jackson Hole speech highlights central bank's uphill battle to rein in inflation

Last year, the U.S. Federal Reserve chair's words crashed the markets. On Friday, they added to lingering uncertainty as the world's most powerful central banker admitted he really can't be sure what's coming next.

In a connected world, a global slowdown will hit Canada, too

New inflation and house price data out this week could be a crucial sign of whether the Bank of Canada will give borrowers a break from constantly rising interest rates. But they could also signal troubling economic weakness as the world puts on the brakes.

Bank of Canada wary of signs of a turning point in economy, as it hikes key interest rate again

From loan defaults to deflation in China, there are early clues the inflationary trend could be reaching a turning point. The Bank of Canada is wary of increasing rates too much, but immigration, a housing shortage and Canadians with deep pockets may be blunting the effects of 10 rate hikes.

Who pays the price for the news media's essential political role?

The market model for Canadian media is failing. News is essential to our political system, but it's not cheap. Can markets be left to fix it, or should we follow the European method of regulating, taxing and spending on quality news?

Has the Bank of Canada conquered inflation? It's complicated

The latest data shows the Bank of Canada has inflation almost beat. So why doesn't the central bank just back off and give borrowers a break? The trouble is, prices keep rising.

Uh-oh. More good news that may be bad for your economic health

Retail sales rise and house prices rebound, but that may not be such happy news. Inflation means we're spending more to get less stuff. And central banks may feel compelled to play spoilsport.