News
Grocery prices ease in February, but inflation concerns continue in Canada: Statistics Canada
17+ hour, 50+ min ago (498+ words) Overall, Canada's Consumer Price Index rose to 1.8 per cent for February 2026, StatCan said. That is following a 2.3 per cent increase in January. According to Statistics Canada, prices for food purchased from stores rose 4.1 per cent in February. Canada's annual inflation…...
Experts warn of a ‘double whammy’ hitting Canadian grocery stores with spike in oil prices and looming increase to industrial carbon tax
1+ week, 13+ hour ago (964+ words) Every 25 per cent sustained increase in oil prices lasting more than one month adds roughly $150 to $200 to the annual grocery bill for a family of four in Canada.Ontario residents can leverage reward points and credit cards to maximize value…...
Canadian dollar hits its highest point since 2025 as U.S. dollar sinks to 4-year low. Here is why your money is worth more
1+ mon, 2+ week ago (650+ words) Google Finance showed the Canadian dollar rose 0.31 per cent against the greenback on Jan. 29, sitting at US$0.7409. The Canadian dollar has faced volatility amid U.S. tariffs and trade uncertainty. While U.S. trade restrictions and uncertainty continue to disrupt economic growth in Canada,…...
Ontario alcohol prices could rise Jan. 1. Here’s why your next pint at the bar could cost more
2+ mon, 2+ week ago (696+ words) A temporary 15 per cent licensee discount restaurants receive from the LCBO will drop back to 10 per cent on Jan. 1. A pint of beer may cost more in the new year when a wholesale alcohol discount from the LCBO for restaurants…...
Is Christmas dinner costing you more this year? A Canadian food expert weighs in
2+ mon, 3+ week ago (311+ words) Turkey prices are stable. Inflation is coming from the sides " not the centre of the plate." Turkey prices are stable this year, says a Canadian grocery expert. If you haven't bought all the fixings for your holiday dinner, you may…...
Will the Bank of Canada cut rates again? Final interest rate decision of 2025 is on Dec. 10
3+ mon, 1+ week ago (420+ words) The Bank of Canada makes its final interest rate announcement on Wednesday, Dec. 10. Canadian homeowners and borrowers are awaiting the Bank of Canada's final interest rate decision of 2025 on Wednesday, Dec. 10. Here's what experts think will happen. Some financial experts…...
Home Hardware to close Home Furniture banner in Canada. Here’s when — and what could happen to store locations
3+ mon, 3+ week ago (263+ words) Home Hardware has confirmed they will be exiting the Home Furniture banner by May 2026. Stores operating under the banner could remain open, just under a different name. Home Hardware has confirmed it's exiting the Home Furniture banner." "This decision is…...
Back-to-school shopping in Ontario: Will tariffs hike your bill?
6+ mon, 4+ week ago (674+ words) Marvin Ryder, associate professor of marketing at McMaster University, said Canadians may be over-fearing Trump and his tariffs. A popular advertising campaign from Staples calls it "the most wonderful time of the year," but Ontario parents might be worried about…...
Doug Ford ‘shocked’ by Bank of Canada interest rate announcement
7+ mon, 2+ week ago (729+ words) Bank of Canada Governor Tiff Macklem shared reasons for keeping the interest rate at status quo. Apparently, Ontario Premier Doug Ford was expecting a different outcome from the Bank of Canada's announcement today (July 30). The bank announced it was holding…...
Bank of Canada’s next interest rate decision is on July 30. Here’s what economists expect
7+ mon, 3+ week ago (481+ words) The Bank of Canada's interest rate has remained at 2.75 per cent since March. The Bank of Canada's next interest rate announcement is set for July 30. There's not much expectation the Bank of Canada will make any changes to interest rates…...