Author Archives
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Here’s how much the new Canada Child Benefit will give you each monthHailed as “the most significant social policy innovation in a generation," the new payment scheme formally introduced in the budget kicks in this July.MoneyMar 23, 2016
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Brussels attack: Terrorism is unlikely to deter tourists long-termRecovery in Paris suggests any negative economic effects of Belgium terror attacks will be fleeting.EconomyMar 22, 2016
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Low- and middle-income families vanish as urban neighbourhoods gentrifyThe incredible inaccessibility of home ownership because of gentrification.EconomyMar 18, 2016
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B.C., Ontario housing markets stay ‘flaming hot’ as rest of Canada coolsHousing markets in B.C.’s Lower Mainland as well as in Southern Ontario continue to post substantial jumps in average prices, new data shows, as worries persist about a potential bubble.CanadaMar 15, 2016
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Sobeys takes big hit on Safeway supermarkets amid slowdown in WestGrocery store giant says the Safeway banner and the West business unit have seen sales eroded in a difficult economic environment, mainly in Alberta and Saskatchewan.CanadaMar 10, 2016
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Corus moves closer to Shaw merger following shareholder voteCorus Entertainment's blockbuster bid to buy the media division of Shaw Communications has received shareholder approval.MoneyMar 9, 2016
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Bank of Canada stands pat, leaves key interest rate at 0.5%The country's central bank is maintaining its trend-setting interest rate at 0.5 per cent, it said Wednesday, citing rebounding oil prices and improved economic conditions.CanadaMar 9, 2016
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Cross-border shopping has surged among U.S. online shoppersU.S. shoppers may not be streaming across the border in huge numbers yet, but there’s been a noticeable rise in cross-border clicks at Canadian online shops, new data shows.MoneyMar 8, 2016
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B.C.’s ‘stellar’ economy to attract wave of workers this year: reportBritish Columbia is expected to absorb tens of thousands of workers over next couple of years as neighbouring Alberta sinks deeper into recession.CanadaMar 8, 2016
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Expect ‘significant pressure’ from oil shock in latest job numbersEmployment data out Friday will likely show deeper job losses in Alberta and elsewhere as ‘second round effects’ ripple through labour markets.CanadaMar 7, 2016
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The Toronto condo bust that wasn’tWarnings of “an abrupt correction in prices" in Toronto's condo market have been proven wrong so far. A surge in units has been “readily absorbed for the most part."CanadaMar 7, 2016
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Canadian sun seekers show ‘growing concern’ over Zika outbreakAirlines and travel operators have said they've seen little impact from the Zika virus outbreak so far, but experts suggest concerns are rising among travellers.CanadaMar 2, 2016
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Have Canadian shoppers hit their spending limit?Households are looking increasingly spent, many experts have begun to suggest, and a ceiling on growth in the near term has perhaps been hit.CanadaMar 2, 2016
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Here’s how big the Kijiji economy has become in CanadaThe amount generated by Canada’s ‘second-hand’ online marketplace now tops $36 billion, report suggests, and is a ‘bright light’ for broader economy.CanadaMar 1, 2016
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Canadians back to eating bacon following cancer scareConsumer demand for bacon took a hit following WHO report linking processed meat to higher cancer risks. But shoppers were back ‘within a matter of weeks,’ meat exec says.CanadaMar 1, 2016
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Have high home prices stalled your ownership dream – or scrapped it?Stalled or scrapped ownership dreams: It's a reality confronting more buyers in the Toronto and Vancouver areas this spring as prices spiral higher and higher.CanadaFeb 29, 2016
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Home costs would gobble up every cent of income for most in Vancouver“Rapid price increases” in the last year have “further exacerbated already poor affordability conditions,” RBC Economics report says.CanadaFeb 29, 2016
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Keurig’s single-serve coffee is tumbling out of favour in CanadaA year ago, the Keurig single-serve coffee brewer was a must-have consumer product in Canada. Now, the company is in the midst of a meaningful sales slide.CanadaFeb 26, 2016
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Discount supermarkets are ratcheting up the bargains: expertsDiscount supermarkets suddenly look like even better bargains for thrifty shoppers compared to conventional stores such as Loblaws, experts say. Here's why.CanadaFeb 26, 2016
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Higher booze tax and other ways Ontario’s budget will hit pocketbooksIncreases in “sin” taxes as well as higher pump prices are among the most visible ways the 2016 provincial budget will hit consumer pocketbooks.CanadaFeb 25, 2016
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The biggest threat to Canada isn’t plunging oil – it’s debtThe biggest danger for the country’s increasingly fragile economy isn’t plunging oil prices, or the threat of a housing bust in Vancouver or Toronto.CanadaFeb 24, 2016
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Forbes says Canada’s top 2 employers are from B.C.Forbes has brought its ranking prowess to bear (at last) on Canadian employers, releasing for the first time its qualified assessment of who the “best” companies and institutions are to work for in the country.CanadaFeb 24, 2016
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Retailers just endured their ‘worst year’ – but will this one be any better?With economic storm clouds gathering over large tracts of the country, many are asking how the current year will compare to the bloodbath of 2015.CanadaFeb 19, 2016
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It’s official: Canadian shoppers are now identical to U.S. onesIt’s official, Canadians have abandoned Boxing Day in favour of Black Friday. New data out from Statistics Canada on Friday almost certainly confirms it.CanadaFeb 19, 2016
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Food prices surge as vegetable costs spike 18.2%: StatscanThe price of fresh vegetables surged in January, Statistics Canada said Friday, helping to lift the overall inflation rate to 2.0 per cent.CanadaFeb 19, 2016
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