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 […]
Tag: Economy
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 […]
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 […]