News
Small businesses' capacity to hire youth being constrained: CFIB survey
5+ day, 30+ min ago (548+ words) TORONTO " A weaker economy and rising costs are leaving little room for small businesses to hire and train inexperienced youth, a new report suggests. While small businesses remain the "training ground" for many young people entering the workforce, a survey…...
CP News Alert: Inflation rises to 2. 8% in April thanks to higher gas prices: Stat Can
6+ day, 2+ hour ago (84+ words) Town And Country Today. com CP News Alert: Inflation rises to 2. 8% in April thanks to higher gas prices: Stat Can OTTAWA " Statistics Canada says the annual pace of inflation rose to 2. 8 per cent in April amid higher gas prices from…...
Stat Can says energy prices help boost March manufacturing sales three per cent
1+ week, 3+ day ago (152+ words) OTTAWA " Statistics Canada says manufacturing sales rose three per cent in March to $73. 6 billion, the highest level since January last year, boosted by higher energy prices. The agency says sales rose in nine of the 21 subsectors it tracks, led by…...
Federal government reports $25. 5 B deficit for its April-to-February period
1+ mon, 21+ hour ago (134+ words) OTTAWA " The federal government posted a budgetary deficit of $25. 5 billion for the April-to-February period of its 2025-26 fiscal year. In its monthly fiscal monitor, the Finance Department says the result compared with a deficit of $19. 3 billion for the same period of…...
Justice Department drops criminal probe of Fed chair Powell, likely clearing the way for Warsh
1+ mon, 22+ hour ago (301+ words) U. S. Attorney for the District of Columbia Jeannine Pirro said on X on Friday that her office was ending its probe into the Fed's extensive building renovations because the Fed's inspector general would scrutinize them instead. The move could lead to…...
Bank of Canada appoints two deputy governors, dropping 'external' title for one
1+ mon, 4+ day ago (198+ words) OTTAWA " The Bank of Canada is filling two vacancies on its governing council with a pair of economists who are already well known at the central bank. In May, the Bank of Canada's managing director of economic analysis, Marc-Andr" Gosselin,…...
Markets edge higher ahead of interest rate decisions from Bo C and Fed
2+ mon, 1+ week ago (509+ words) TORONTO " Stock markets in Canada and the U. S. gained ground on Tuesday, as investors await interest rate decisions from the Bank of Canada and the U. S. Federal Reserve on Wednesday. "Markets, they're up modestly, but it's more of a wait-and-see approach on…...
Stock markets fall as oil prices continue to rise amid the release of economic data
2+ mon, 1+ week ago (587+ 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…...
'Avoid playing geopolitics with your portfolio': Advice as Iran war roils markets
2+ mon, 1+ week ago (655+ words) The U. S. -Iran war has roiled commodity and stock markets while stoking inflationary fears, but experts caution investors against emotionally driven changes to their portfolio. Investors have seen oil prices surge to top US$120 per barrel at one point this week…...
The US lost a surprising 92, 000 jobs last month as the unemployment rate ticked up to 4. 4%
2+ mon, 2+ week ago (643+ words) Hiring deteriorated from January, when companies, nonprofits and government agencies added a healthy 126, 000 jobs, the Labor Department reported Friday. Economists had expected 60, 000 new jobs in February. The surprisingly weak employment picture in February adds to the economic uncertainty over the…...