Canada’s Inflation Rate Slows to 1.9% Amid Mixed Economic Signals Canada’s annual inflation rate eased to 1.9% in November, driven by declining mortgage interest costs […]
Tag: Economy
New Report Reveals Current Rental Prices Across Canada
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 […]
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 […]
