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 […]
Tag: Economy
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 […]
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 […]