Author Archives
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Unemployment rate dropped to 6.5% in January, StatCan saysCanada's unemployment rate dropped to 6.5 per cent in January as fewer people were looking for a job compared with the month before, according to Statistics Canada.Economy4 hours
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Carney scraps EV mandate, vows $2.3B in consumer rebates in new auto planPrime Minister Mark Carney was in the Greater Toronto Area and spoke on what is being billed as 'new measures to transform Canada’s auto manufacturing sector for the future.'CanadaFeb 5
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Novo Nordisk says generic Ozempic, Wegovy will slow sales in CanadaNovo Nordisk says the expiration of its patents for some semaglutide GLP-1 drug treatments in markets like Canada will result in more generics and hurt sales.HealthFeb 4
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Time is running out to use Toys ‘R’ Us Canada gift cards amid bankruptcyCustomers still holding onto Toys 'R' Us Canada physical and digital gift cards are running out of time to use them after the retailer announced it filed for creditor protection.ConsumerFeb 4
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PayPal says Buy Now, Pay Later ‘continues to grow’ as consumers are pinchedAs consumers struggle with the higher cost of living, including in Canada, PayPal says demand 'continues to grow rapidly' for Buy Now, Pay Later to make purchases.ConsumerFeb 3
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Transport Canada is ‘monitoring’ Boeing Dreamliner grounding by Air IndiaTransport Canada says it is 'monitoring the situation' after Air India said it grounded its Boeing 787 Dreamliner jets over reports of issues with a fuel control switch.CanadaFeb 3
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Canada’s Governor General starts trip that will head to GreenlandGov. Gen. Mary Simon is in Norway for the start of a trip that will also visit Denmark and Greenland, which comes just weeks after U.S. threats to the sovereignty of Greenland.CanadaFeb 3
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Coffee price inflation is up 31% since 2024 — but ‘good news’ may be comingCanadian coffee drinkers have been paying significantly more over the past year compared to previous years, as recent data shows skyrocketing food inflation.ConsumerFeb 2
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Carney’s grocery, GST benefit plan will cost $12.4B over six years: PBOThe recently announced Canada Groceries and Essentials Benefit will cost an estimated $12.4 billion over six years, according to the Parliamentary Budget Officer.CanadaFeb 2
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Can Trump decertify aircraft? What experts say amid Bombardier threatAs Trump threatens tariffs and decertification of Canadian-made jets sold in the U.S., experts weigh in on what's at stake and what could happen next.CanadaJan 30
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Canada’s GDP saw 0% growth in latest report, StatCan saysThe economy stalled in November 2025, according to Statistics Canada, which says GDP was measured at zero per cent following a 0.3 per cent drop in October.EconomyJan 30
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Canadians have billions in uncashed cheques, rebates. Are you one of them?Millions of paper cheques from the government valued at more than $2 billion dollars since 2022 that have been sent out to Canadians -- and have not been cashed.MoneyJan 29
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Canada and Korea sign MOU for more trade, including autos and mineralsCanada and South Korea have taken key steps to strengthen trade ties that are expected to boost several industrial sectors in Canada, including automotive and critical minerals.CanadaJan 29
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Bank of Canada holds rates, says policy can’t make up for tariff ‘damage’The Bank of Canada held its overnight benchmark interest rate at 2.25 per cent on Wednesday after the Bank's first monetary policy meeting of 2026.EconomyJan 28
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The Bank of Canada’s 1st rate decision of 2026 is almost hereThe Bank of Canada is set to make its first interest rate announcement of the year amid a number of mixed economic signals about the state of how consumers are doing.EconomyJan 27
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Pizza Pops contaminated with E. coli tied to 7 hospitalizations, data showsA growing number of Canadians have reported becoming ill and even hospitalized after consuming or handling Pillsbury Pizza Pops that may have been contaminated with E. coli O26.HealthJan 27
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Can rebates or price freezes help tackle soaring food costs?The federal and Manitoba provincial governments are taking separate and very different approaches to provide some relief for consumers struggling with food affordability.ConsumerJan 27
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Pizza Pops E. coli recall grows as roughly a dozen products now hitThe Canadian Food Inspection Agency has expanded a recall notice for some Pillsbury brand Pizza Pops products that may be contaminated with E. coli O26.HealthJan 26
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Canadian return trips from the U.S. plunge again amid tensionsCanadians may have taken fewer trips to the U.S. in November, but they were still travelling overseas — and that number is rising.ConsumerJan 23
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3 key moments you may have missed in Trump’s speechThe speech, which lasted more than an hour, touched on tariffs, the U.S. central bank, prescription drug prices and made reference to mysterious new 'weapons of warfare.'WorldJan 22
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Why some want an Estée Lauder boycott amid Trump’s Greenland threatsU.S.-based Estée Lauder is the flagship brand and parent company of Clinique, MAC Cosmetics, Bobbi Brown, Jo Malone London, Aveda and Tom Ford among dozens of others.ConsumerJan 22
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Trump says Canada ‘lives’ because of U.S.: ‘Remember that, Mark’The comments about Canada were made in the context of Trump's continued push for the U.S. to acquire Greenland, a territory of NATO ally Denmark which he says the U.S. needs.CanadaJan 21
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In 2026, world sits on ‘precipice’ of ‘geoeconomic confrontation,’ WEF saysThe World Economic Forum says global economies are 'balancing on a precipice,' as its participants surveyed cited multiple global risks, including 'geoeconomic confrontation.'EconomyJan 19
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Will more Chinese EVs be a ‘self-inflicted wound’ for Canada’s auto sector?In a post on X, Ontario Premier Doug Ford called the deal 'lopsided' and warned it risks closing the door to the U.S. market for Canadian automakers and could lead to job losses.EconomyJan 16
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Denmark vows to ‘prevent’ U.S. takeover of Greenland after meetingDenmark's prime minister says the country is standing firm in its commitment to 'prevent' a threatened U.S. takeover of Greenland after a meeting with American leaders.WorldJan 15
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