Author Archives
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Over 10K of these fridges have been recalled in Canada for risk of fireHealth Canada has issued a recall of specific Galanz Retro Refrigerators that pose a fire and burn hazard to consumers, who are urged to stop using it immediately.ConsumerSep 25
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Costco sees sales jump 11% and more customers eyeing ‘lower cost protein’Costco's latest quarterly earnings report, released late Thursday, showed a jump in sales from a year earlier as the company describes consumers looking to stretch their dollars.ConsumerSep 25
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AI smart glasses recalled in Canada, U.S. for burn risk: ‘Immediately stop’Health Canada is urging consumers to 'immediately stop using' a brand of AI smart glasses due to a burn hazard that could potentially injure users.ConsumerSep 25
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The latest CPP and OAS payments hit bank accounts FridayMost older Canadians who qualify will see more money in their bank accounts as of Friday, with the latest scheduled Canada Pension Plan and Old Age Security benefit payments.MoneySep 25
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Higher income households eating out less as consumer pain bites: surveyCanadians say they are dining out at restaurants less than last year amid the heightened cost of living, according to new data from Restaurants Canada.ConsumerSep 24
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A U.S. bond yield hit 5.1% for 1st time in 19 years. Here’s what it signalsThe U.S. 10-year Treasury bond yield is now hovering above the five per cent threshold for the first time in nearly two decades amid ongoing economic uncertainty.ConsumerSep 24
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As Trump mulls diesel export ban, what would it mean for Canada?U.S. President Donald Trump on Tuesday said he backed the idea of a U.S. diesel export ban as a way to lower prices for Americans, which experts say may backfire.EconomySep 23
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Canadians want more alternative home ownership options, survey showsA new survey suggests many Canadians are open to alternative home options if it means getting easier access to the real estate market.ConsumerSep 23
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Sobeys’ parent agrees to ease property controls after watchdog’s probeEmpire, the parent company of Sobeys', Farm Boy and other store banners, agreed to relax its use of property controls following a probe by the Competition Bureau.ConsumerSep 22
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Canada’s privacy czar launches investigation of major driver’s licence hackCanada's privacy commissioner has opened an investigation into a massive cyber breach from earlier this month believed to have exposed millions of Canadian driver's licences.CrimeSep 22
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This invasive species has just been found in Canada for the 1st timeThe invasive spotted lanternfly has been confirmed in Canada, according to the Canada Food Inspection Agency, which is urging Canadians to take action if they spot it.EnvironmentSep 18
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Canada’s privacy czar seeking information in massive driver’s licence hackCanada's privacy commissioner says they are actively 'engaged with the company' that was recently hit by a massive driver's licence hack.ConsumerSep 18
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What the U.S. Fed hiking rates means for the loonie and for borrowersThe U.S. Federal Reserve hiked interest rates for the first time in three years on Wednesday, and several economists say this could add pressure on the Bank of Canada.ConsumerSep 17
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CPP Investments and Brookfield just launched a $50B Maple Fund. What is it?The Canada Pension Plan Investments Board (CPPIB) and Brookfield on Tuesday launched a $50 billion "Maple Fund" that they say will funnel capital towards major national projects.ConsumerSep 16
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RCMP ‘monitoring’ reports of massive North American drivers’ licence hackThe breach, if confirmed, could be one of the largest exposures of government-issued identity documents in North America, creating risks of identity theft and fraud for millions.ConsumerSep 15
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Inflation stayed at 3% in August as travel costs soared, says StatCanConsumer inflation held steady at three per cent last month compared to a year earlier as higher rent and travel costs offset a slowdown in rising prices for gas and groceries.ConsumerSep 14
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Gas prices are expected to drop soon, but geopolitical risks remainConsumers in Canada could see some relief at gas pumps starting next week as gas refineries go through regular seasonal changes, but how much prices will drop is unclear.ConsumerSep 11
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Why are rising bond yields spurring alarm? And what do they mean for you?Consumers could be facing higher borrowing costs for longer as bond markets are once again signalling rising economic risk to the finance and investing community.ConsumerSep 11
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A one-time $150 Canada disability benefit supplement is going out next weekThe federal government is about to send out payments of $150 to Canadians who qualify for the Canada Disability Benefit (CDB).ConsumerSep 11
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Want 2019 housing affordability? Canada must double building rate: CMHCCanada needs to roughly double the rate that new homes are being built in order to restore housing affordability to pre-pandemic levels over the next decade, according to the CMHC.ConsumerSep 10
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How much will Trump’s ban on alcohol, dairy hurt Canada?Canada's economy could be facing a bigger dent from U.S. tariffs after President Donald Trump escalated his administration's trade war to include full bans on certain products.EconomySep 9
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Jamieson Greer blames Canada for U.S. hitting back over counter-tariffsCanada forced the United States' hand in delivering its latest trade war escalation, according to U.S. President Donald Trump's trade czar.CanadaSep 9
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Here’s where Canada’s counter-tariffs will hit Canadian wallets the hardestCanadian consumers are likely to face higher prices as a result of new counter-tariffs of up to 50 per cent on hundreds of U.S. goods — even for Canadian products.ConsumerSep 8
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Canada’s counter-tariffs kick in on hundreds of U.S. goodsCanada's counter-tariffs are now in effect on billions of dollars worth of U.S. goods in response to the recent trade war escalation by U.S. President Donald Trump.ConsumerSep 8
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Canada Post sees $277M quarterly loss after finalizing new union contractCanada Post on Friday reported a loss before tax of $277 million in the three-month period from April through June as the postal workers union signed a multi-year deal.ConsumerAug 28
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