News
Canadians paid 45% more for tomatoes and 25% more for beef chuck in May: Stat Can inflation report
1+ hour, 41+ min ago (489+ words) Inflation increased 3. 2 per cent year-over-year in May, driven by higher gas and grocery prices, according to Statistics Canada As the Iran war drives up gas prices, Canada's inflation rate increased to 3. 2 per cent year-over-year in May, up from 2. 8 per cent…...
Beef, coffee and tomatoes among the grocery items with the biggest price increases this year
2+ week, 3+ day ago (524+ words) Beef striploin cuts saw the largest price increase, up by 29% compared to last year New data from Statistics Canada shows that food prices rose by 3. 5 per cent year-over-year in April 2026, although many grocery staples saw their prices increase by significantly…...
Donna Kennedy-Glans: A technical recession? That's like saying you're half-pregnant
2+ week, 5+ day ago (643+ words) Enough with the external blame games. The bell is ringing. It's time to build When you find out you're pregnant, the test is clear: positive or negative. Canada's recession debate isn't so binary. Some economists point to two straight quarters…...
FIRST READING: Is the technical recession recession just a technicality, technically?
2+ week, 6+ day ago (1027+ words) Conservatives notes that even if the recession is small, Canada is the only country experiencing one On Monday, Conservative Leader Pierre Poilievre rejected reports that Canada was in "technical recession," saying that the country's economic malaise was not a "technicality....
Time to move past Trump's tariffs and focus on boosting growth, Chamber of Commerce tells Liberals
3+ week, 4+ day ago (556+ words) OTTAWA " It's time to move past the battle against the trade threats from U. S. President Donald Trump and focus more on boosting Canadian competitiveness, one of the country's most influential business groups told the Carney government in its pre-budget submission. In…...
Incoming Federal Reserve chair Kevin Warsh to be sworn in at the White House today
1+ mon, 4+ hour ago (685+ words) It is unusual for the chief of the Fed to be sworn in at the White House. The last central bank chief to do so was Alan Greenspan in 1987 under president Ronald Reagan Incoming Federal Reserve chair Kevin Warsh will…...
Fuel surcharges are making 'almost everything' more expensive
1+ mon, 1+ day ago (830+ words) Documents obtained by National Post show a range of mechanisms and formulas to pass on increased fuel costs to customers OTTAWA " Canadians already struggling with rising grocery prices are staring down another blow as delivery companies are hitting their retail…...
Gold rises as Trump claims U. S. is in "final stages" on Iran
1+ mon, 1+ day ago (400+ words) Bullion gained as much as 1. 6 per cent on U. S. president's comments. Oil slipped further while equities rallied Gold advanced as optimism surrounding U. S. -Iran efforts to end the Middle East conflict eased bets on higher interest rates for longer. Bullion gained as…...
What's the beef? Why prices for everything from sirloins to ground beef won't likely come down anytime soon
1+ mon, 1+ week ago (730+ words) Cattle herds in Alberta and elsewhere have been diminishing, turning red meat from a staple product to rare delicacy With summer around the corner, Canadian consumers are being asked to fork out a small fortune for every slab of beef…...
Policymakers should be prepared for a 'new reality' after immigration cuts, think tank warns
1+ mon, 2+ week ago (491+ words) Short-term dips in Canada's population will make key data such as total employment and economic growth look more sluggish than the reality OTTAWA " Upcoming economic data is at risk of being misread by Canadian policy makers if they don't fully…...