Author Archives
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These are all the key tax changes and credits impacting you from the budgetBudget 2026 includes a large swath of tax changes, threshold and credit updates aimed at reducing the 'time tax' Canadians pay every year to file their returns.ConsumerNov 6
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Unemployment ticked up to 6.7% in October, says StatCanCanada's unemployment rate increased 0.2 percentage points to 6.7 per cent last month as more people looked for work — especially younger Canadians.EconomyNov 6
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Canada’s new immigration level plan revealed in Budget 2026Ottawa plans to hold immigration levels mostly steady over the next three years, according to Budget 2026.CanadaNov 5
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Will the U.S. midterm results do anything for oil and gas prices?The U.S. midterm elections lay the foundations for a dramatic change in Washington, which saw global oil prices crater in response, and that could soon lead to relief at gas pumps.ConsumerNov 5
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What can Trump do—and not do—with Congress in the hands of Democrats?U.S. President Donald Trump faces an uphill battle in Washington now that the Democratic Party is projected to win control of both chambers of the U.S. Congress in the midterms.PoliticsNov 4
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How U.S. midterm results could impact financial markets and your retirementThe U.S. Midterm elections could have implications for investors, including Canadians' retirement savings, and experts say financial markets could react strongly to the results.CanadaNov 3
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Bank of Canada maintains stance on rate hike ahead of Nov. 5 budget releaseThe Bank of Canada is standing by its decision last week to hike interest rates for the first time in three years, and as Ottawa gets set to table its budget.ConsumerNov 3
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Carney says Cleveland-Cliffs making ‘mistake’ by not respecting obligationsPrime Minister Mark Carney said Thursday that Cleveland-Cliffs' would be making a "mistake" by not respecting its obligations and commitments after it began laying off workers.CanadaOct 29
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Budget 2026 title and theme focus on Canada’s sovereignty, minister revealsThe federal government has released the title and theme for its upcoming budget set to be tabled on Nov. 5, which the finance minister's office says reflects a period of "change."PoliticsOct 29
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Competition Bureau ‘reviewing’ $17B DoorDash deal to acquire InstacartCanada's Competition Bureau says it's reviewing a recently announced merger deal that would see DoorDash acquire rival Instacart for US$17 billion.ConsumerOct 29
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AI agents banned by several of Canada’s biggest banks as fears growSome of Canada's biggest banks say they are now banning AI agents, like Meta's Muse, while others are taking initial steps to limit them.ConsumerOct 28
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Bank of Canada says its interest rate hike is ‘not going to feel good’The Bank of Canada hiked interest rates by 0.25 per cent on Wednesday to 2.5 per cent, marking the first change to its benchmark in a year and the first increase in three years.EconomyOct 28
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Rogers plans to charge extra for bill payments with a credit cardRogers says it will begin charging most customers across Canada a 1.6 per cent processing fee next year for bill payments made using a credit card.ConsumerOct 23
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Canadian banking fees hard for consumers to see or anticipate, report saysThe fees most Canadian banks charge their customers are hard to see or anticipate, and the associated costs can add up quickly over time, a new report says.ConsumerOct 23
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Library and Archives Canada cracking down on AI books amid copyright threatsLibrary and Archives Canada recently updated its ISBN (International Standard Book Numbers) policy to limit books and other literary content created using artificial intelligence.CanadaOct 22
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AI stocks weigh on markets Thursday as oil rises to highest price since MayDrops for stocks in the artificial-intelligence industry are dragging markets down worldwide on Thursday, while oil prices hit their highest levels since May amid the Iran war.EconomyOct 22
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‘No indication’ of Canadian data compromised by global PHP issue: officialsThe Canadian government’s chief information officer says there’s no sign a massive global website coding vulnerability has led to federal information being compromised.TechOct 22
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Bank of Canada expected to raise rates next week, some economists sayThe Bank of Canada has held its key interest rate unchanged for about a year, but some economists expect rates to begin increasing again as early as next week.ConsumerOct 21
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As Stelco reports soaring earnings, how solid is their layoff legal case?U.S.-based Cleveland-Cliffs said on Monday that it saw its strongest quarterly financial results since the year before acquiring Stelco in 2024.CanadaOct 20
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Alberta referendum result removes a ‘major’ uncertainty, businesses sayAfter the majority of Albertans voted to remain in Canada, the Canadian dollar increased in value and some business leaders say the result should bring confidence to businesses.CanadaOct 20
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Everything confirmed so far about CFB Wainwright fire and how it unfoldedAt least four members of the Canadian Armed Forces have died and dozens are injured after a scheduled training exercise on Saturday at a base near Wainwright, Alberta.CanadaOct 19
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What France’s spiking bond yields, rising debt mean for Canadian borrowersCanadian borrowers may wind up paying more for some mortgages and other loans as government bond yields continue to rise worldwide, including in France.EconomyOct 16
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Tesla says its newly unveiled Roadster 2 vehicle ‘can fly’Tesla just unveiled its latest vehicle, the Roadster 2, which it says will be available with performance options that will allow it to 'fly.'TechOct 16
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Farm Boy cheeses, 2 other brands recalled for listeria risk across CanadaHealth Canada issued a recall notice for various cheese products sold in stores across Canada for a risk of listeria contamination, which it says could cause illness if ingestedHealthOct 14
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Stelco penalties including fines, forced sale possible over layoffs: JolyIndustry Minister Mélanie Joly is expected to speak Wednesday afternoon — her first public appearance since Stelco answered Ottawa's legal threat over layoffs of up to 500 workers.ConsumerOct 14
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