Business
Canada Post Cuts Nearly 50 Jobs Due to ‘Critical Financial Situation’
Canada Post Lays Off Nearly 50 Managers Amid Financial Crisis Canada Post has laid off nearly 50 management employees as part of a…
Tag: Economy
Business
Canada Imposes Retaliatory Tariffs on Longstanding Ally, the U.S
Canada Strikes Back with 25% Tariffs on U.S. Imports Amid Rising Trade Tensions Prime Minister Justin Trudeau announced Saturday that Canada will impose…
Business
Canadian Economy Shrinks by 0.2% in November
Canada’s Economy Shrinks by 0.2% in November, Largest Monthly Decline Since 2023 Canada’s economy contracted by 0.2% in November, exceeding expectations and marking…
Business
The Indigenous economy contributes $1.55 billion to Thunder Bay.
THUNDER BAY – A recent study reveals that Indigenous people and businesses contribute $1.55 billion to Thunder Bay’s economy, a figure its authors…
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Canada to Increase Federal Minimum Wage Soon
Canada’s Federal Minimum Wage to Increase Soon The federal minimum wage in Canada is set to rise in less than three months, with…
Business
Canadian Dollar Records Sixth Consecutive Weekly Drop
The Canadian Dollar Declines for Sixth Straight Week Amid Global and Domestic Challenges The Canadian dollar weakened against its U.S. counterpart on Friday,…
Business
Key Financial Updates in Canada You Need to Know This Year
Federal Policy Changes Impacting Canadian Finances in 2025 As the new year begins, several federal policy updates are poised to affect Canadians’ finances.…
FEATURED
Minutes Reveal Bank of Canada’s Rate Cut Was a Narrow Decision
The Bank of Canada’s decision to cut its policy rate by 50 basis points on December 11 was a closely debated move, with…
Business
Canada’s National Debt Soars to Unprecedented Levels
Economic Challenges Intensify as Canada’s Deficit Balloons Economic uncertainty continues to weigh heavily on Canada as the Liberal government faces mounting criticism over…
Business
Canadian Dollar Tumbles Amid Diverging Policies of Bank of Canada and Federal Reserve
The Loonie’s Slide Highlights Diverging Economic Paths for Canada and the U.S. The Canadian and U.S. economies often move in tandem, but the…