News
Independent grocers adjusting to fuel surcharges from suppliers
2+ hour, 29+ min ago (1155+ words) By Ritika Dubey, The Canadian Press Posted April 19, 2026 6: 00 am. A few weeks into the war in Iran, an Ontario-based grocer started receiving surcharge letters from its suppliers stating that delivery costs would be going up. It was not an exorbitant…...
Liberals to table spring economic statement on April 28
4+ day, 17+ hour ago (713+ words) Posted April 14, 2026 2: 50 pm. OTTAWA " The federal Liberals will table their spring economic update on April 28 to give Canadians a look at how new shocks like the Iran war have affected the government's fiscal position. Finance Minister Fran'ois-Philippe Champagne announced the…...
Statistics Canada reports wealth and income gaps grew in 2025
5+ day, 22+ hour ago (367+ words) Posted April 13, 2026 9: 41 am. OTTAWA " Statistics Canada says the income and wealth gaps between Canada's wealthiest and highest earners and those at the bottom increased throughout last year. The agency says the income gap, which it defines as the difference in…...
CAE laying off roughly 280 workers in Quebec amid aviation headwinds
1+ week, 3+ day ago (321+ words) Posted April 8, 2026 4: 35 pm. CAE Inc. says it is laying off two per cent of its workforce as the flight simulator maker gears down ahead of anticipated spending cuts by commercial airlines. The company says nearly two-thirds of the roughly 280 positions…...
Smaller Greater Toronto Area chocolate businesses still navigating higher costs, supply chain issues
2+ week, 1+ day ago (1066+ words) Posted April 4, 2026 7: 20 am. As many look to stock up on Easter chocolate, it comes as the major challenges facing many smaller Greater Toronto Area chocolate businesses for the past several months are beginning to ease. At Stubbe Chocolates Toronto, just…...
Canada posts $5. 7 billion merchandise trade deficit for February
2+ week, 2+ day ago (263+ words) Posted April 2, 2026 9: 22 am. OTTAWA " Statistics Canada says the country posted a merchandise trade deficit of $5. 7 billion, its largest deficit since August last year. The result compared with a deficit of $4. 2 billion in January as imports rose faster than exports for…...
Modest growth projected for 2026 as uncertainty from Iran war, trade linger: Deloitte
2+ week, 3+ day ago (920+ words) Posted April 2, 2026 6: 00 am. The Canadian economy is expected to see modest growth this year, but the ongoing war in the Middle East and continued trade uncertainty are among the risks to that projection. Deloitte's spring economic outlook released Thursday estimated…...
Oil, gas prices affecting vast majority of Canadians' finances: poll
2+ week, 4+ day ago (524+ words) Posted April 1, 2026 5: 59 am. A significant majority of Canadians say the rising gas and oil prices are hitting their personal or household finances, according to a new poll. The survey conducted by Canada Pulse Insights for City News found that of…...
Statistics Canada says real GDP grew 0. 1% in January
2+ week, 4+ day ago (268+ words) Posted March 31, 2026 8: 49 am. Statistics Canada says real gross domestic product edged up 0. 1 per cent in January. The growth to start the year was helped by strength in goods-producing industries which expanded by 0. 2 per cent. Mining, quarrying, and oil and gas…...
Powell says Fed is monitoring energy price spikes, but that it's limited in what it can do
2+ week, 5+ day ago (736+ words) Posted March 30, 2026 1: 59 pm. Powell, who spoke before nearly 400 students at Harvard University as gas prices inched toward an average of $4 per gallon in the U. S. , said there wasn't a lot Fed policymakers could do since energy shocks "tend to come and…...