News
Finance minister says Ontario's 2026 budget reflects last year’s job growth
3+ hour, 12+ min ago (172+ words) Finance minister says Ontario's 2026 budget reflects last year's job growth'CP24 Finance minister says Ontario's 2026 budget reflects last year's job growth Finance Minister Peter Bethlenfalvy says Ontario's economy "showed resilience in 2025' with real GDP growing by 1.2 per cent. Finance minister says…...
Bank of Canada to make interest rate announcement amid clouded outlook
1+ week, 1+ day ago (202+ words) OTTAWA " The Bank of Canada is expected to make an interest rate announcement this morning as it weighs the effects of the conflict in the Middle East, trade uncertainty and recent economic data. The central bank's key lending rate stands…...
Consumers set to pay the price as soaring fuel costs hit shipping industry: experts
1+ week, 2+ day ago (744+ words) MONTREAL " Rising fuel prices caused by the war in Iran have begun to raise costs for Canadian shippers and ripple out to consumers, as fallout from the fighting filters into the broader economy. The price of heavy fuel oil " used…...
CTV National News: Economists warn of a spike in inflation following a dip in February
1+ week, 2+ day ago (199+ words) CTV National News: Economists warn of a spike in inflation following a dip in February'CP24 CTV National News: Economists warn of a spike in inflation following a dip in February Annie Bergeron-Oliver examines Canada's inflation numbers from February and why…...
Annual inflation cools to 1.8% in February, StatCan says
1+ week, 3+ day ago (392+ words) Statistics Canada says the annual rate of inflation dipped below two per cent in February as the end of last year's federal "tax holiday" helped take some steam out of the yearly price comparisons. The agency said Monday that February's…...
U.S. stocks lose ground as war with Iran keeps pressure on oil prices
1+ week, 6+ day ago (858+ words) Wall Street's losses deepened Friday as the ongoing fallout from the war in Iran keeps pushing oil prices higher, ratcheting up inflationary pressure on the global economy. The S&P 500 fell 0.6 per cent after having been up as much as…...
U.S. economy grows at 1.4% rate in the fourth quarter, slower than expected
1+ mon, 6+ day ago (656+ words) The nation's gross domestic product " the total output of goods and services " increased at a 1.4% annual rate in the fourth quarter, the Commerce Department reported Friday, down from 4.4% in the July-September quarter and 3.8% in the quarter before that. The figures…...
New report shows drop in Canada’s trade deficit at the end of 2025: Statistics Canada
1+ mon, 4+ week ago (162+ words) New report shows drop in Canada's trade deficit at the end of 2025: Statistics Canada'cp24.com New report shows drop in Canada's trade deficit at the end of 2025: Statistics Canada CTV's Kamil Karamali tells CP24 that Canada's trade deficit have dropped significantly…...
U.S. dollar rebounds as Bessent reaffirms U.S. strong dollar policy
1+ mon, 4+ week ago (754+ words) The dollar rose against a basket of currencies on Wednesday, rebounding from a four-year low touched in the prior session, after Treasury Secretary Scott Bessent reaffirmed the United States" preference for a strong dollar. The United States has a strong…...
Auto and home insurance continues to get more expensive
2+ mon, 1+ week ago (166+ words) Auto and home insurance continues to get more expensive'CP24 Auto and home insurance continues to get more expensive Home insurance rates have been rising steadily due to extreme weather, inflation and the rising cost of home repairs and construction. Auto…...