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 […]
Tag: Economy
Canada’s spring budget forecasts economic growth alongside a declining deficit.
Canadian Prime Minister Mark Carney has announced a smaller budget deficit than expected, helped by rising oil prices and a strong economy despite global tensions […]
Fuel Prices Rise Once More as Market Volatility Persists
Diesel and heating fuel prices jumped today after the Public Utilities Board made an unexpected price change. Prices rose by about 10 cents for diesel […]
Canada’s New Minimum Wage Increase Set to Take Effect April 1
Canada has confirmed that the federal minimum wage will increase to $18.15 per hour on April 1, 2026, according to Employment and Social Development Canada. […]
Doug Ford set to unveil eighth Ontario budget as economic uncertainty looms
Ontario politicians return to Queen’s Park on Monday for a shorter spring session, as Premier Doug Ford prepares to introduce his eighth budget during a […]
Canada’s inflation slows to 1.8% in February.
Canada’s annual inflation rate slowed to 1.8 per cent in February, according to Statistics Canada, though the effects of the Iran war have not yet […]
After Supreme Court setback, Donald Trump announces 15% global tariff increase
After a setback at the Supreme Court of the United States, Donald Trump says he will raise a new global tariff to 15 per cent […]
Island residents urged to prepare for upcoming tax changes before filing 2026 returns.
Tax season is coming soon, and people in Prince Edward Island should know about a few key changes before filing this year. Canadians can start […]
Unemployment climbs to 6.8% in December even as jobs are added
OTTAWA — Statistics Canada says Canada’s unemployment rate rose in December as more people started looking for work, even though the economy added jobs. The […]
Canadian economy contracts 0.3% in October, marking its steepest decline in nearly three years
Canada’s economy shrank by more than expected in October, falling 0.3 per cent — its biggest monthly drop in nearly three years — as both […]