Author Archives
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Gordie Howe bridge revenue-sharing agreement appears to contradict CarneyThe federal government released the text of what it's calling an agreement in principle with the U.S. for the Gordie Howe International Bridge, including on revenue sharing.CanadaJul 22
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Trump’s new 50% tariffs means Canadians could pay more for these itemsConsumers in Canada could be facing higher prices for some goods if newly announced U.S. tariffs go into effect next month, some experts and businesses say.ConsumerJul 21
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How Trump’s new 50% tariffs could hit Canada’s already battered job marketCanada's job market faces further risk if new threatened tariffs hit businesses already reeling from a year of U.S. tariffs and trade war uncertainty, experts say.EconomyJul 21
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Is Canada doing enough to prevent forest fires from getting out of control?Canada's ability to prevent and fight wildfires was questioned as smoke from Canadian wildfires drifted into the United States.EnvironmentJul 20
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Inflation cooled to 2.8% in June as gas prices fell, says StatCanConsumers paid less for gas at the pump in June compared to May, and that helped cool annual inflation to 2.8 per cent, according to Statistics Canada.EconomyJul 20
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The Canada Child Benefit goes out on Monday and gets a small increaseBenefit payments will be issued on Monday for the Canada Child Benefit, and households that qualify will see a bit more money this time as part of an annual increase.ConsumerJul 17
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‘Sovereignty comes with responsibility:’ U.S. lawmakers to Canada on wildfiresAs wildfire smoke blankets parts of the country, and spills into the United States, some U.S. lawmakers are calling on Canada to do more.EnvironmentJul 16
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RBC agrees to $45M class-action settlement over mutual fund feesCanadians who held mutual funds with RBC through discount brokers could be getting some money back in their pockets if a proposed class-action settlement gets approved.ConsumerJul 16
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Zero-emission vehicle sales spiked nearly 20% in May, says StatCanSales of zero-emission vehicles soared almost 20 per cent in May, according to Statistics Canada, with more than 18,000 sold across the country.CanadaJul 15
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Bank of Canada holds rates at 2.25% as Iran war risks future hikesGovernor Tiff Macklem at the Bank of Canada warned that interest rates may need to rise if the war in Iran leads to persistent inflation in Canada.EconomyJul 15
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How extreme heat and humidity fuels more dangerous storms — and tornadoesAs heat waves blanket parts of Canada, experts say the extreme heat and humidity can also 'fuel' severe thunderstorms — and even tornadoes.EnvironmentJul 14
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As HELOC debt rises amid affordability challenges, these are the risksAs many Canadians report feeling less wiggle room in their paycheques, experts warn there are risks from turning to a home equity line of credit (HELOC) to borrow more money.ConsumerJul 14
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How will Gordie Howe Bridge profit-share deal work between Canada, U.S.?The Gordie Howe Bridge is set to open and new details have emerged about an updated profit-sharing deal that will reportedly see Canada sending money to the United States early.CanadaJul 13
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Stellantis says this tiny Fiat EV could come to Canada if there’s demandOrders are now being taken for Fiat's new tiny electric vehicle (EV) in the U.S., which the parent company, Stellantis, says could come to Canada depending on demand.ConsumerJul 10
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Unemployment rate fell to 6.5% in June with 18K new jobs, says StatCanThe Canadian economy kept adding jobs at a steady pace in June, in part because the youth summer job market got off to a great start, but economists say there are still concerns.EconomyJul 10
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PepsiCo blames ‘inflationary pressures’ and high gas prices for sales dropPepsiCo reported its beverage sales in North America have been falling as rising inflation and higher gas prices force consumers to keep up with the cost of living.ConsumerJul 9
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Bought beef since 2015? Customers could get a piece of an $8M settlementA proposed class-action settlement worth nearly $8 million stemming from allegations of beef price-fixing could eventually see some Canadian customers receiving compensation.ConsumerJul 9
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Why an anchovy shortage will make your next slab of salmon more expensiveLove them or hate them, anchovies could end up making your grocery bill more expensive because of its use in fishmeal used for seafood and livestock feed.ConsumerJul 9
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Gas prices in Canada set to rise as Trump says peace with Iran is ‘over’Gas prices are likely going to tick up once again in Canada, according to an analyst, as a signed peace agreement between the U.S. and Iran appears to be unravelling.ConsumerJul 8
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Air Canada cutting some routes to U.S. Midwest and Florida in the winterAir Canada says it's cancelling or delaying several flights to some U.S. destinations this winter amid higher jet fuel prices and a drop in demand.ConsumerJul 7
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Canada’s exports were up for the 4th straight month, says StatCanCanada's economy was in a trade surplus for the third straight month in May and exports were up for the fourth month, Statistics Canada reported Tuesday.EconomyJul 7
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OPEC+ agrees to higher oil production ‘to support oil market stability’After the Iran war choked off about a fifth of the world's oil supply for several months, the world's largest alliance of oil-producing nations agreed to increase its quota.WorldJul 6
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‘Buy Canadian’ policy to be simplified for small businesses, minister saysThe federal government says it's simplifying the current Buy Canadian procurement process to make it easier for small and medium-sized businesses.CanadaJul 6
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CIBC agrees to proposed class-action settlement over NSF feesCIBC has agreed to a proposed $10-million settlement over some non-sufficient funds (NSF) fees the bank charged to its customers.ConsumerJul 3
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Pipelines faced key challenges in the past. Can Alberta’s overcome them?Canada’s track record of proposing and building pipelines means that the newly announced project from Alberta to B.C.'s coast is likely going to face several key challenges.CanadaJul 3
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