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 […]
Tag: Economy
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 […]
Canadian charities under growing financial strain
The Salvation Army says it is well short of its fundraising goal for the 2025 Canadian Red Kettle Campaign. With only a few days left […]
What Washington Is Seeking From Canada in Trade Talks
With U.S.–Canada trade talks still paused, American officials have laid out their clearest demands yet for keeping free trade between the two countries. U.S. trade […]
Economists predict annual inflation rose to 2.3 per cent in November.
Economists expect Canada’s annual inflation rate to rise slightly in November. A Reuters survey of economists suggests inflation will reach 2.3 per cent for the […]
Canada’s jobless rate drops to 6.5% as employment surge beats forecasts
Canada’s economy added 54,000 jobs in November, pushing the unemployment rate down to 6.5 per cent from 6.9 per cent in October. This is the […]
Bank of Canada releases its last interest rate update of 2025
The Bank of Canada will release its final interest rate update of the year next Wednesday. Canada’s central bank cut its key interest rate twice […]
Canada’s Jobless Rate Drops to 6.5% as Hiring Surge Exceeds Forecasts
Canada’s economy added 54,000 jobs in November, much more than experts predicted. This pushed the unemployment rate down to 6.5 per cent from 6.9 per […]
Canada Releases Updated Income Tax Brackets for 2026
The Canada Revenue Agency has released the federal income tax brackets for 2026, along with a new indexation rate and updated income thresholds. It will […]