Author Archives
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Beer, alcohol sales falling amid consumer strain and shifting prioritiesA notable decline in beer and alcohol sales in Canada and the U.S. is another sign consumers are both grappling with affordability challenges and shifting their priorities.ConsumerMay 15
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Gas prices in Canada inching closer to an all-time high amid Iran warThe national average for regular gasoline in Canada sits at about $1.90 per litre, according to CAA, and that's up from just over $1.70 per litre one month ago.ConsumerMay 14
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As oil prices leap, should Canada keep or sell the Trans Mountain pipeline?Some Canadian oil industry and development leaders are suggesting Ottawa should reconsider eventually selling the Trans Mountain pipeline to the private sector.CanadaMay 13
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Canadians face more fraud in dating and online forums than global averageThe number of Canadians who say they're being targeted by digital fraud in online communities such as dating platforms is above the global average, according to a new survey.ConsumerMay 13
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It’s census day in Canada. Here’s how long you get before facing a fineMay 12 is census day, which means time is running out to submit the census in Canada. Not filing on time or refusing to submit altogether could soon lead to hefty fines.CanadaMay 12
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Geopolitical tension now seen as top economic risk in Bank of Canada surveyGeopolitical tensions are now considered a bigger risk risk to Canada's economic productivity than trade conflict with countries like the U.S, according to the latest survey data.EconomyMay 11
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Canadian return trips from the U.S. tick up slightly: StatCanCanadians made slightly more return trips from the U.S. in April, according to the latest data, after more than a year of declines.CanadaMay 11
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If Iran war were to end, how soon would you feel relief at the gas pumps?Consumers struggling with higher gas prices as a result of the Iran war may be feeling optimistic after U.S. President Donald Trump said that a ceasefire in the works,ConsumerMar 25
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Competition ‘crucial’ to retirement home safety, watchdog warns in new dealCanada's competition watchdog is sharpening its focus on a few large companies looking to acquire multiple retirement homes and facilities as the number of elderly Canadians grows.CanadaMar 25
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Trim OAS for higher income seniors? 73% says yes, new poll suggestsA new poll finds there is growing support for a proposal to lower an Old Age Security (OAS) threshold for some Canadians in order to help reduce the federal government's deficit.ConsumerMar 24
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Fuel cost spikes are tanking hopes for Canadian business, survey suggestsRising fuel costs stemming from the Iran war are starting to impact small and medium-sized businesses in Canada, according to the latest survey findings.CanadaMar 24
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NAV Canada says safety is ‘our top priority’ following LaGuardia crashNAV Canada is reassuring Canadians that airspace safety is a "top priority" after an Air Canada crash at LaGuardia airport in New York on Sunday night killed two pilots on board.CanadaMar 23
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Canadian resident trips to U.S. plunge by 22% year over yearReturn trips by Canadian residents from the U.S. fell 22 per cent in January compared with a year earlier, according to the latest data.ConsumerMar 23
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Boosting oil production could ramp up Canada’s GDP and jobs, study suggestsCanada may have the ability to substantially raise its GDP and add thousands of new jobs by building more oil pipeline infrastructure, a new study suggests.CanadaMar 20
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Are rising debt and defaults a warning sign of a looming economic crisis?Some subprime lenders appear to be facing strain as debt levels and the rate of borrower defaults start to rise in Canada and the U.S.EconomyMar 20
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Gas prices in Canada keep going up. How high are they near you?Gas prices in Canada have been climbing sharply since the Iran war began, but how much higher they could go is unclear as consumers struggle with the higher cost of living.ConsumerMar 19
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Is the pain of the K-shape economy bleeding into the middle class?Canada's middle class appears to be struggling, with new data showing more are taking on debt as financial pain bleeds out into broader sections of the economy.ConsumerMar 19
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Bank of Canada holds interest rates as Iran war rattles global economiesThe Bank of Canada held its benchmark lending rate at 2.25 per cent, but Governor Tiff Macklem is keeping an eye on how the Iran war could impact Canada's economy.EconomyMar 18
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Iran war is ‘a dark cloud’ over Bank of Canada and the spring fiscal updateThe Bank of Canada is set to update interest rates on Wednesday as the Iran war brings a dark cloud over the Canadian economy and ahead of Ottawa's expected spring fiscal update.CanadaMar 17
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Why Iran is using passage through Strait of Hormuz as geopolitical ‘ransom’Iran is reportedly allowing some ships to travel through the Strait of Hormuz, a vital shipping chokepoint to access the resource-rich Persian Gulf.WorldMar 16
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Cooler inflation in February was ‘the dip before the spike,’ says economistConsumer inflation cooled to 1.8 per cent in February compared to a year earlier, when the federal GST/HST tax holiday meant lower prices for many consumer goods and services.ConsumerMar 16
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Should you cancel March break travel amid Iran war? Ask these questionsOne of the busiest travel periods of the year is about to begin and could be more volatile amid the Iran war, which has impacted air travel.ConsumerMar 13
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Losing 84K jobs in February marks ‘gut punch’ for Canada’s economy: expertsThose job losses were sharply lower than expected and the agency said more than 100,000 jobs were lost in full-time work, while private sector employment fell by 73,000 positions.CanadaMar 13
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Why water supplies may be the new front line in the Middle East warWater treatment centres in the Persian Gulf region are under threat amid the Iran war, with desalination plants in areas like Bahrain taking damage from strikes.WorldMar 12
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Vehicle exports fell sharply in January as trade deficit grew: StatCanCanada's trade deficit with the world increased in January as the number of vehicles exported to international markets dropped more than 20 per cent, according to the latest data.EconomyMar 12
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