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 […]
Tag: Economy
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 […]
Canada pushes U.S., Mexico to renew CUSMA.
Canada has officially told the U.S. and Mexico that it wants to renew the Canada-U.S.-Mexico Agreement (CUSMA), the free trade deal between the three countries. […]
Employment insurance reaches fewer Canadians as gig work and part-time employment reshape labour market
Food Banks Canada says the country’s employment insurance system is no longer helping many workers as more people take part-time, contract or gig jobs. The […]
Canada’s growing debt burden: Federal and provincial debt projected to surpass $2.4 trillion this year.
Prices are rising and many Canadians are taking on more debt to keep up, while a new study shows government debt has also climbed sharply […]
Ontario city records highest mortgage delinquency rate in Canada
New data from Equifax shows mortgage delinquency rates are rising across Ontario, with missed mortgage payments increasing 52 per cent in the first quarter of […]
Inflation climbed to 2.8% in April as rising oil costs continued to push fuel prices higher.
Canada’s inflation rate rose to 2.8 per cent in April as higher oil prices linked to the war in Iran pushed fuel costs up, according […]
Big Retail Chains Shutting Down Across Canada
One of Canada’s largest home appliance retailers is shutting down permanently. Coast Appliances has started a going-out-of-business sale at all 17 of its Canadian stores, […]
Ontario moves ahead with $300M deal for massive new nuclear project at Bruce Power site
Ontario is moving forward with a deal worth up to $300 million to help prepare for a new nuclear power plant at the Bruce Power […]