News
Ratehub.ca predicts stable year on mortgage rate front
2+ hour, 35+ min ago (595+ words) Variable mortgages expected to grow in popularity as variable rates come in lower than fixed The economic chaos erupting everywhere be it from threats by a certain politician to acquire Greenland or the uncertainty that the threat of rising tariffs…...
EDITORIAL: Judging Mark Carney on the cost of food
3+ day, 16+ hour ago (397+ words) According to Statistics Canada data on December's food inflation rate, PM gets failing grade Following his cabinet swearing-in ceremony in May, Prime Minister Mark Carney said one way for Canadians to judge the performance of his government would be "by…...
Economists expect inflation held steady in December despite ’tax holiday’ disruption
6+ day, 22+ hour ago (186+ words) One economist says he expects inflation went up last month OTTAWA " Economists will be sorting through plenty of noise in the annual inflation figures when Statistics Canada releases fresh price data for December on Monday. A Reuters survey of economists…...
Wall Street CEOs warn Trump: Stop attacking the Fed and credit card industry
1+ week, 2+ day ago (567+ words) CEOs warned that Trump's actions will do more harm than good to the American economy NEW YORK " Up until this week, Wall Street has'generally benefited'from the Trump administration's policies and has been supportive of the president. That relationship has suddenly…...
CHARLEBOIS: McDonald’s price freeze fuelling full-scale price war
1+ week, 3+ day ago (282+ words) Decision by country's largest quick-service restaurant player will create ripple effects across entire supply chain The reaction from competitors was immediate. Burger King and Wendy's are already leaning harder into value bundles and limited-time discounts. When McDonald's moves, the entire…...
Tariffs push Canada’s U.S. export share to record low outside pandemic
2+ week, 1+ day ago (481+ words) (Bloomberg) " Canada's merchandise trade balance swung back into deficit as surging imports of computers and electronics outweighed a spike in gold exports to non-US countries. The trade shortfall hit $583 million in October, according to Statistics Canada data released Thursday. Economists…...
It’s not just you: Why car prices have risen so sharply post-pandemic
2+ week, 5+ day ago (1038+ words) Tariffs, the impact of COVID-19 on supply chains and broader inflationary pressures have all driven vehicle prices higher, says one expert Shopping for a car used to be an exciting occasion, but for some buyers, excitement is getting priced out…...
Booze to cost more in the new year when wholesale discount disappears?
4+ week, 2+ day ago (373+ words) Restaurants Canada disappointed 15% wholesale discount to restos in Ontario lowering to 10% come Jan. 1, 2026 It's last call for wholesale alcohol at a 15% discount in Ontario? Premier Doug Ford has announced announced plans to change how booze is sold in the province…...
WATCH: Poilievre’s view on how to tackle inflation
4+ week, 2+ day ago (192+ words) Exceptional Journalism Powered by Media Innovation. Our Mission: Keeping Canadians in the know with ambitious, trusted and high-quality journalism. Delivering high-value and data-driven marketing solutions to businesses and advertisers. Our Vision: To be the most innovative media company in Canada…...
Canada economy grew in November following October dip
1+ mon, 1+ hour ago (402+ words) Industry-based gross domestic product grew by 0.1% in November, according to a flash estimate from Statistics Canada (Bloomberg) " The Canadian economy continues to display resilience despite U.S. tariffs, with initial estimates showing a small expansion last month. But growth is set to…...