A newly released report reveals that average asking rents across Canada dropped year-over-year to $2,139 in November, marking the lowest level in 15 months. The […]
Tag: Economy
Bank of Canada Concerned Large Rate Cut Might Signal ‘Economic Trouble,’ Meeting Notes Reveal
The Bank of Canada’s governing council voiced concerns that a 50-basis-point rate cut in October might signal “economic trouble” and lead to expectations of additional […]
Canadian Dollar Hits 10-Day Peak Amid U.S. Election Market Adjustments
The Canadian dollar climbed to a 10-day high against the U.S. dollar on Monday as oil prices surged, and investors reassessed the likely impact of […]
Report Shows City’s Economy Rebounds Strongly Post-Pandemic
THUNDER BAY – In collaboration, Thunder Bay Ventures and Lakehead University’s Faculty of Business Administration have released the 2024 Thunder Bay Economic Activity Index, a […]
7-Eleven Shutters Over 400 Stores Nationwide
7-Eleven is closing several hundred underperforming stores across North America, as announced by its parent company, Seven & I Holdings. In a recent earnings report, […]
Canada Could Finally Be on Track to Build a High-Speed Rail Line
A major milestone for the improved passenger rail service promised by the Liberal government is approaching, but it brings with it a multibillion-dollar question: If […]
Thunder Bay Advocacy Group Says Ontario’s Minimum Wage Increase Falls Short for Local Workers
Ontario’s general minimum wage increased by 60 cents on Oct. 1, bringing it to $17.20 per hour. However, advocates in Thunder Bay argue that this […]
Alberta Poised to Have the Nation’s Lowest Minimum Wage
Starting Tuesday, Alberta will tie for the lowest minimum wage in Canada. While Ontario, Saskatchewan, Manitoba, and Prince Edward Island are all set to raise […]