Don Pittis

Business columnist

Don Pittis 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. He is currently senior producer at CBC's business unit.

Latest from Don Pittis


Rogers-Shaw merger offers chance for Ottawa to insist on better deal for cellphone customers

A proposed merger between Rogers and Shaw that would produce Canada's second largest telecom company may actually be an opportunity for the government to create rules to open up competition in the cellphone service market with what are known as mobile virtual network operators. Don Pittis explains.

Airline deal means taxpayers once again take a risk on corporate Canada

Wily negotiations by former business boss Michael Sabia mean Canadian taxpayers may actually profit from Ottawa's roughly $6 billion bailout of Air Canada.

Is now the time to make global corporations pay their fair share?

As you do your taxes, do you wonder why global companies don't pay more? So far, the long battle to make corporations pay their fair share of taxes has failed due to a lack of political will. COVID-19 could change that.

New round of inflation fears as investors demand higher rates

The Bank of Canada and the U.S. Federal Reserve have repeatedly reassured us that interest rates will stay low and inflation will be temporary, but rising bond rates signal investors are demanding a better return on long-term lending, nudging rates toward pre-pandemic levels.

Despite calls for change, Canada's RBC is one of world's top bankers to fossil fuel industry

The latest study of corporate data from 60 of the world's largest banks shows that despite commitments to establish emissions targets in their financial portfolios in line with the Paris climate accord, they have instead increased that funding to $3.8 trillion US in the past five years.

Powerful U.S. economic surge will help countries like Canada, says Federal Reserve chair

U.S. Federal Reserve Chair Jerome Powell’s words appeared to calm markets and reassure Canadian borrowers by insisting a strong economy won’t create permanent inflation or soaring mortgage rates.

Canada and New Zealand both have hot housing markets, but only 1 has plan to cool things down

As global media warn Canada's housing market is "a bonfire," some are calling for a Kiwi-style plan to calm the market and prevent a damaging real estate crash.

More signals of a Roaring '20s rebound for Canadian economy when pandemic ends

Despite the biggest economic slump since 1961, there are new signals that the Canadian economy will bounce back due to an "extraordinary" surge in wealth and savings and a rebound in confidence.

There's good economic news on the horizon, and that's rattling markets. Wait, what?

A global rout in markets, a sell-off in bonds, all due to the prospect of a strengthening economy? The explanation involves the uncertainty of where interest rates go from here if a post-COVID-19 economy gets cooking. 

Bank of Canada warns buyers of 'early signs' of overheating in housing market

There are new signs of “extrapolative expectations” as buyers assume house prices in Canada have nowhere to go but up, even though the job market continues to need the stimulus of low interest rates.