Peter Armstrong (@armstrongcbc) 's Twitter Profile
Peter Armstrong

@armstrongcbc

CBC News
Senior Business Correspondent
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ID: 344254333

linkhttp://cbc.ca/mindyourbusiness calendar_today28-07-2011 19:41:10

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Stephanie Myles (@opencourt) 's Twitter Profile Photo

Six Canadian women in the qualifying at Roland-Garros is an impressive crew - led by Bianca , who is playing the Qs or the first time since 2018. Monday's sked features 3 of them, right here: opencourt.ca/2025/05/18/rol…

Six Canadian women in the qualifying at <a href="/rolandgarros/">Roland-Garros</a> is an impressive crew - led by <a href="/Bandreescu_/">Bianca</a> , who is playing the Qs or the first time since 2018.

Monday's sked features 3 of them, right here:

opencourt.ca/2025/05/18/rol…
Peter Armstrong (@armstrongcbc) 's Twitter Profile Photo

I'm super happy for Alex, but really sad for the rest of us. I'll miss reading his stuff, I'll miss using him as a soundboard and sometimes even making him edit my pieces before I send them in.

Theo Argitis (@theoargitis) 's Twitter Profile Photo

With GDP data out this week, there’s chatter about Canada being in a recession because economists expect two straight quarters of decline in Gross Domestic Product (Q2 & Q3). This is a situation called a "technical recession", which is a good indicator of an actual recession but

James E. Thorne (@drjstrategy) 's Twitter Profile Photo

IMHO the BOC needs to get rates below 2%. That said, since Macklem aggressively brought the Overnight rate down to r*, his pause, while I don’t agree with it, does have merit. The same cannot be said about the Fed with the FFR substantially above r*.

Peter Armstrong (@armstrongcbc) 's Twitter Profile Photo

Bank of Canada governor Tiff Macklem, mixing Stanley Cup and monetary policy: "Go Oilers. Let’s bring home the Stanley Cup" he said as he wrapped up his news conference on interest rates. (Also, he was wearing an Oilers pin)

Bank of Canada governor Tiff Macklem, mixing Stanley Cup and monetary policy:

"Go Oilers. Let’s bring home the Stanley Cup" he said as he wrapped up his news conference on interest rates.

(Also, he was wearing an Oilers pin)
Peter Armstrong (@armstrongcbc) 's Twitter Profile Photo

Employment was little changed in May (+8,800; +0.0%) and the employment rate held steady at 60.8%. The unemployment rate rose 0.1 percentage points to 7.0%.

Peter Armstrong (@armstrongcbc) 's Twitter Profile Photo

She’s demanding I call her doctor now. So that’s doctor Piya Chattopadhyay thanks to the Canadian Forces College and the RMC naming her an honorary doctor of laws at this years convocation

She’s demanding I call her doctor now. 
So that’s doctor <a href="/piya/">Piya Chattopadhyay</a> thanks to the Canadian Forces College and the RMC naming her an honorary doctor of laws at this years convocation
Alexander Panetta (@alex_panetta) 's Twitter Profile Photo

And now that I’m not currently reporting and can offer pure opinion: He’s squeezing Canada to do something it was almost certainly going to do anyway, but on terms more favourable to him: drop the digital services tax. I’ve suspected for a while that Canada is merely holding

Peter Armstrong (@armstrongcbc) 's Twitter Profile Photo

A tanker carrying Canada's first cargo of liquefied natural gas across the Pacific to Asian markets has departed Kitimat, B.C. cbc.ca/news/canada/br…

Peter Armstrong (@armstrongcbc) 's Twitter Profile Photo

This is so smart. “People tend to prefer known risks to unknown ones — a trait known as ambiguity aversion. We also weigh losses more heavily than gains, which means avoiding a loss can feel like a win.” on.ft.com/3ISZrXW