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News
Inflation tracks at 3.4 per cent in Yellowknife for second consecutive month
6+ hour, 37+ min ago (145+ words) Yellowknife’ consumer price index for July rose by 3.4 per cent for the second month in a row, according to Statistics Canada. (NNSL file) Everything in Yellowknife is more expensive than in July 2025, according to Statistics Canada. According to the July…...
Think chicken prices are high now? Just wait until this summer
2+ mon, 2+ week ago (720+ words) Under supply management, Canadians were promised stable prices and domestic supply. Instead, they’re getting soaring prices and record imports. Prices have become so extreme that importers are now bringing chicken into Canada over the 249 per cent tariff wall and still…...
Economic trends: There’s some good news in Niagara to go along with the bad
2+ mon, 4+ week ago (666+ words) Regional council’s biannual update shows the negative impact of U.S. tariffs and geopolitical tensions on the local economy but also indicates there’s reason for optimism. An aerial view taken in March shows Asahi Kasei Battery Separator Canada Corp.’s $1.56-billion battery…...
Niagara unemployment drops as hiring gains momentum
3+ mon, 2+ week ago (585+ words) Niagara’s unemployment rate fell to 7.2 per cent in March, a decrease of half a percentage point compared to February. Retail trade experienced the highest number of new job postings in Niagara in March, with 674. Niagara’s labour market edged in a…...
Ontario drivers to get huge break on gas Friday
4+ mon, 1+ week ago (664+ words) Iran and the United States agreed to a two-week ceasefire late Tuesday that is contingent on the Strait of Hormuz staying open. A ceasefire between the United States and Iran will result in a huge price drop for gasoline and…...
Groupe Dynamite sees ‘nominal’ impacts from war but bracing for more
4+ mon, 2+ week ago (521+ words) A Dynamite clothing retail store is shown in Montreal, Friday, Nov. 15, 2024. THE CANADIAN PRESS/Graham Hughes Clothing brands Garage and Dynamite are so far seeing “really nominal” cost increases, driven by strife in the Middle East, but that burden could…...
Ottawa’s fiscal year shaping up better than budget forecasts: BMO economist
4+ mon, 2+ week ago (582+ words) Parliament Hill in Ottawa on Thursday, March 20, 2025. THE CANADIAN PRESS/Sean Kilpatrick OTTAWA - The federal government’s annual deficit for the fiscal year ending Tuesday is tracking below Ottawa’s own expectations set out in the 2025 budget, despite increased spending. The fiscal…...
Ontario 2026 budget highlights: $13.8B deficit, small business tax cut, AI funding
4+ mon, 3+ week ago (673+ words) Queen’s Park, in Toronto, Nov. 6, 2025.THE CANADIAN PRESS/Eduardo Lima TORONTO - The Ontario government tabled a budget Thursday that focused on developing a resilient economy amid geopolitical uncertainty. The province is expecting to end this fiscal year with a $12.3-billion…...
Understanding Inflation Assumptions: What Financial Planners Are Really Doing—and Why It Matters
4+ mon, 3+ week ago (156+ words) Toronto, ON, March 25, 2026 (GLOBE NEWSWIRE) — Inflation is one of the most critical, and often misunderstood, variables in financial planning. In its latest educational post, Cardinal Point Wealth Management sheds light on how inflation assumptions are actually used within financial plans…...
Stock markets fall as oil prices continue to rise amid the release of economic data
5+ mon, 4+ day ago (593+ words) TORONTO - Stock markets in Canada and the U.S. lost ground on Friday as the U.S.-Iran war continued to send oil prices higher and investors sifted through economic data from both North American countries. “We’re two weeks into the war, and I…...