Affordability
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Some Ontario homeowners hit ‘breaking point,’ miss mortgage payments: reportHigh-market prices and rates in places like the GTA are creating strain for many mortgage holders, but an Equifax official said the market is not the only factor.EconomyMay 26
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Conservatives push motion to scrap all federal gas taxes for rest of yearThe affordability push, which calls for suspending the GST on gas and diesel, comes after the Liberals instituted a temporary suspension of the federal fuel excise tax last month.CanadaMay 26
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Reform old age security to help tackle Ottawa’s deficit, advocates sayOttawa cannot afford to 'be spending our dollars unwisely' right now and should cut OAS payments to wealthier seniors, a policy group urges.ConsumerMay 25
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Walmart says lower-income shoppers are ‘navigating financial stress’Walmart says lower-income shoppers appear to be increasingly 'navigating financial stress' as the so-called 'K' shaped economy becomes more prominent.ConsumerMay 21
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Quebec’s minimum wage now $16.60 per hourA study published yesterday by Quebec socioeconomic think tank IRIS shows someone living in Montreal needs to earn about $30 per hour to live above the poverty line.CanadaMay 1
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Food affordability outweighs taste, nutrition for Canadians: reportThe study found that Canadians are still looking for discounts to save on food, but some are still dipping into savings or borrowing money to buy.CanadaApr 28
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Mortgage affordability worsens in most major Canadian cities, report saysIn 11 out of Canada's 13 major cities, it became harder to be able to afford a mortgage in February, a new report by Ratehub.ca has found.MoneyMar 26
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Fuel, food rebates ‘would not bring down’ prices amid Iran war: economistsThe Iran war has raised the price of crude oil beyond US$110 per barrel in international markets, spurring affordability concerns in Canada and around the world.EconomyMar 20
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Manitoba freezes price of 1-litre milk cartons, weighs caps on larger containersManitoba is freezing the price of one-litre milk for the year and is considering price caps on larger containers as the province reviews grocery affordability.ConsumerJan 15
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Nearly 85K people homeless in Ontario, up 8% in 1 year: reportHomelessness is getting worse across Ontario with an estimated 85,000 people who were without a home in 2025, a new report from Ontario's municipalities shows.CanadaJan 13
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