Peter Armstrong

Senior Business reporter for CBC News. A former host of On the Money and World Report on CBC Radio, Peter Armstrong has been a foreign correspondent and parliamentary reporter for CBC. Twitter: @armstrongcbc

Latest from Peter Armstrong

Elections are a good time to get to know your fellow Canadian

Over the course of this election, political parties will spend millions targeting voters. They'll try to convince you they're just like you. They're worried about the same things you are and hopeful about the same things, too. But how much do we Canadians really know about one another?

The vape wars are coming: Companies prepare for the next battle in the cannabis market

A $123-million partnership between a British tobacco giant and a Canadian cannabis company is really all about vaping technology. And it's just one more example of a possible big shift coming to Canada's still-fledgling legal cannabis industry.

As Hong Kong protests continue, some protesters mull moving their money offshore

As Hong Kong braces for another round of demonstrations, business people and others are considering moving their money away from region.
Analysis

Despite a strong economy, cost of living still top of mind for Canadians

While Canadians say cost of living is their No. 1 concern, economic data actually paints a more optimistic picture.
CLIMATE CHANGE

'It's a problem for society': Climate change is making some homes uninsurable

Climate change has fundamentally changed the nature of the risk for homeowners and insurance companies alike, Peter Armstrong writes.
Analysis

Here's how the federal government hopes its new carbon tax will work

The federal government is hoping the carbon tax that came into effect in four provinces this week will influence people to make choices that will ultimately reduce emissions.

Canada's chronic shortage of legal cannabis expected to drag out for years

Canada's shortage of pot is now expected to drag on for years. New production is coming online, but ever more cannabis will be diverted to the nascent edibles industry.
Analysis

Liberals cut taxes, mend fences with Canadian businesses

Canadian businesses say Ottawa took an important step toward addressing competitiveness issues with the U.S.

Abandoned Canadian silver mines could boom again as battery demand prompts gold rush in cobalt

Phone and electric car makers are bracing for a global shortage of the minerals used to make their batteries. That shortage has led prospectors back to 100-year-old silver mines in northern Ontario. Cobalt, Ont., is hoping to cash in.
Analysis

How will Canadians buy pot? It depends where they live

Pot becomes legal on Wednesday, but the rules vary widely across the country, with some provinces allowing private retail sales and others putting recreational cannabis under the control of government-run monopolies. Here's a guide to the rules.
Analysis

Why the USMCA likely won't unleash a wave of pent-up business investment

Experts have said we should expect plenty of new business investment now that NAFTA has been renegotiated. But the numbers actually show Canadian businesses didn't hold back as much as expected during the nerve-racking trade talks.
Analysis

The time has come for pot stocks to deliver on the hype: Peter Armstrong

The wild stock market ride of B.C.'s Tilray is an example of the kind of stomach-churning volatility investors in the cannabis space have come to expect. But come Oct. 17, the speculation that's driving those ups and downs will start to change course, Peter Armstrong writes.

As legalization looms, Canada's pot companies about to be tested

Pot companies have spent years — and raised billions — on the promise of legalized marijuana. Now reality looms, where some will likely soar and some will likely fail. The CEO of Aphria believes scale and automation will set his company apart.

Is there even such a thing as a 'Made in America' vehicle anymore?

One of the most popular vehicles in the United States is a perfect example of why it would be so hard and so destructive to impose tariffs on Canadian-made cars in the name of protecting American ones.
Analysis

Meet the kinder, gentler — and Canadian — face of Tim Hortons

The new CCO of Tim Hortons parent company on how to end the wars with the franchisees and get the company back on track.