News
Canadian economy adds 88, 000 jobs in May, defying economists" expectations
4+ hour, 3+ min ago (489+ words) Applicants at the CNE's job fair wait in line at the Enercare Centre in Toronto in July 2025. The Canadian economy added an unexpected 88, 000 jobs in May. (Alex Lupul/CBC) Thomson Reuters'with files from CBC News Canada's economy added 88, 000 jobs and…...
What Canadians need to know about a "technical recession"
2+ day, 4+ hour ago (1063+ words) Canada's economy contracted in the first quarter on an annualized basis by a slim margin, marking the second consecutive quarter of such decline " which some would call a technical recession. U. S. President Donald Trump wasted little time in taking a shot…...
Carney addresses technical recession, says economy going through "settling-in" period
3+ day, 39+ min ago (1035+ words) Prime Minister Mark Carney arrives on Parliament Hill in Ottawa on May 26. Carney said Canada's economy is being 'fundamentally transformed' by his government as it responds to the U. S. trade war. Economy being 'fundamentally transformed' to respond to U. S. trade war: Carney....
Did Trump take tomato? Here's what's behind the latest grocery price sticker shock
4+ day, 2+ hour ago (700+ words) . In April, tomato prices were up 21 per cent compared to the previous year, according to Statistics Canada. Natalie Stechyson(new window) " CBC News " Did Trump take tomato? In the U. S. , tomato prices are up about 40 per cent over a year ago,…...
Canada slips into technical recession as economic growth stalls in 1st quarter
1+ week, 3+ hour ago (465+ words) El PIB real cay" durante dos trimestres consecutivos, pero los datos muestran un panorama m's contrastado. (Foto de archivo) Canada's economy "contracted in the first quarter of the year on an annualized basis by a slim margin, Statistics Canada data…...
Your slice of the bread price-fixing settlement is on its way
2+ week, 21+ hour ago (537+ words) A worker re-stocks shelves in the bakery and bread aisle at an Atlantic Superstore grocery in Halifax, Friday, Jan. 28, 2022. Payments are now being doled out for a class-action lawsuit related to an alleged bread price-fixing scheme. (Kelly Clark/The Canadian…...
Liberals promising improved bottom line in today's spring economic update
1+ mon, 1+ week ago (881+ words) Prime Minister Mark Carney and Minister of Finance and National Revenue Francois-Philippe Champagne applaud following a vote on the federal budget on Nov. 17, 2025. (Adrian Wyld/The Canadian Press) November's budget projected a $78 B deficit for 2025-2026 fiscal year. The federal Liberals…...
Liberals on better-than-expected ground, plan to spend billions on skilled trades in economic update | RCI
1+ mon, 6+ day ago (1408+ words) Finance Minister Fran'ois-Philippe Champagne's spring economic update finds the Liberal government sitting in a better-than-expected position " driven by a resilient economy and surging oil prices " Projections put deficit $11. 5 B lower than November budget. Finance Minister Fran'ois-Philippe Champagne's spring economic update…...
Canada's economy adds 14, 000 jobs in March after February's whopping losses
1+ mon, 3+ week ago (409+ words) Applicants at the CNE's job fair wait in line at the Enercare Centre in Toronto on July 30, 2025. Canada's unemployment rate was unchanged at 6. 7 per cent in March. (Alex Lupul/CBC) Labour force survey from February showed a loss of 84, 000 jobs....
Global fuel prices soar as Iran hits Gulf refineries in multiple countries
2+ mon, 2+ week ago (694+ words) 118 The South Pars energy complex, operated by Iran, is located between the territorial waters of Qatar and Iran. Benchmark crude oil price up more than 50 per cent since U. S. , Israel launched war. Global gas prices are surging as Iran ramps up…...