Canada lost 68,000 jobs in September, marking the second consecutive month of employment declines, according to Statistics Canada. The unemployment rate rose 0.1 percentage points […]
Category: Business
Stelco says Hamilton layoffs will proceed despite Ottawa’s legal threats
Hamilton-based steelmaker Stelco says it will proceed with hundreds of layoffs despite the federal government threatening legal action over its job protection commitments. In a […]
Nova Scotia Alcohol Vending Company Expands Into Major U.S. Sports and Entertainment Venues
A small Nova Scotia company is expanding into major U.S. sports and entertainment venues with its high-tech alcohol vending machines. Dispension Industries Inc., based in […]
G7 nations agree to release 100 million barrels of oil amid energy crunch
The G7 nations have agreed to release 100 million barrels of oil to help ease rising fuel prices, starting with a large release of diesel. […]
Carney promises ‘true partnership’ with Indigenous communities on major infrastructure projects
Prime Minister Mark Carney says his government wants a “true partnership” with Indigenous people as Canada moves ahead with major infrastructure projects. Carney made the […]
US ban on Canadian alcohol and dairy takes effect as trade war continues
A US ban on several Canadian imports, including alcohol, dairy products and motorcycles, has taken effect as a trade dispute between the two countries continues. […]
Canada’s exports to China jump 30% in first half of 2026 amid Trump trade war
Canadian exports to China jumped 30 per cent in the first half of 2026, as Canada looks to strengthen trade with countries other than the […]
Gas prices expected to fall as geopolitical tensions keep market on edge
Drivers in Canada could see lower gas prices starting next week as stations switch to cheaper winter gasoline. The seasonal fuel blend usually costs less […]
Canada Sheds 42,000 Jobs in August as Labour Market Unexpectedly Weakens
Canada’s labour market weakened in August, with employers cutting 42,000 jobs, according to Statistics Canada. The drop surprised economists, who had expected a fourth straight […]
Canada’s unemployment holds at 6.4% as job losses spread across the economy
Canada’s labour market weakened in August as the economy lost 42,000 jobs, though the national unemployment rate held steady at 6.4%. Employment fell across several […]