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

Freeland's resignation pushes deficit news to one side on a very strange day in Canadian politics

Monday’s media lockup for the Fall Economic Statement (FES) will go down in history as one of the weirdest events in Canadian political history.
Analysis

Why bitcoin surged to $100K US after Trump's election and where it goes now

Bitcoin has climbed above $100,000 US since Donald Trump won the presidential election. Now, he's filling his administration with pro-crypto advisers, and seems to be backing the idea of a bitcoin reserve held by the U.S. Treasury. Analysts say that could boost the price by another 50 per cent.
Analysis

One easy way to offset the damage of Trump's tariffs

Donald Trump's proposed tariffs could plunge Canada into a recession. Experts say opening up inter-jurisdictional trade within the country could boost growth enough to offset that damage.

What would a trade war actually look like?

Donald Trump's proposed tariffs could have sweeping, global repercussions. What would the tariffs and responses mean for the global economy?
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.
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?
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.
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.
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.
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.