As Canadians face higher costs for everyday necessities, a new study says taxes continue to make up a major share of household expenses. The Fraser […]
Category: Business
Feds award contract to design $267M countermeasures lab in Winnipeg
The federal government is moving ahead with a $267-million medical countermeasures laboratory in Winnipeg aimed at helping Canada respond faster to future disease outbreaks. Terry […]
Canada willing to lift U.S. booze bans, meet other demands for tariff relief.
Canada is prepared to make some concessions to the United States, including ending provincial bans on American alcohol, in exchange for relief from new U.S. […]
Sony Says PlayStation Disc Controversy Has Not Affected Business
Sony says it will continue with its plan to stop using physical game discs by 2028, despite strong criticism from many PlayStation fans. Speaking during […]
Canada’s inflation rate climbed to 3.2% in May, with rising gasoline prices once again driving the increase.
Canada’s annual inflation rate rose to 3.2 per cent in May, up from 2.8 per cent in April, according to Statistics Canada. Higher gas prices […]
Silk Beverage Class-Action Settlement Approved, Payouts Range from $400 to $300,000
Consumers may be eligible for compensation from a large class-action settlement if they consumed recalled plant-based drinks sold under Silk and other labels linked to […]
Dollarama Reports 20% Sales Jump as Consumers Seek Value Amid Economic Uncertainty
Dollarama says its sales rose 21.4 per cent in the first quarter compared to the same time last year, as more shoppers looked for affordable […]
Canadian economy adds 88,000 jobs as unemployment rate drops to 6.6%
Canada’s labour market added 88,000 jobs in May, a stronger-than-expected gain that helped push the unemployment rate down to 6.6 per cent from 6.9 per […]
U hits Temu with €200m fine over illegal product sales
The European Union has fined Chinese-owned online retailer Temu €200 million ($232 million) after regulators found dangerous and illegal products, including unsafe baby toys and […]
Canada enters technical recession as first-quarter economic growth comes to a standstill
Canada’s economy shrank slightly in the first three months of the year, marking two straight quarters of decline and raising concerns about a technical recession. […]