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Decreasing business, labour unrest prompts Canada Post to report $205 M quarterly loss
1+ hour ago (393+ words) OTTAWA " As Canadians continue to abandon traditional mail, Canada Post reported a $205-million pre-tax loss in the first quarter of this year. That's $164-million more than the $41-million loss reported by the beleaguered crown corporation in the first quarter of…...
Premier Ford drops new strategy to lock down 43 K defence jobs
1+ day, 6+ hour ago (469+ words) Premier pitches Ontario defence sector as feds go on defence spending spree. OTTAWA " Hoping to get in on Canada's newfound push to increase defence spending, Ontario announced the launch of the province's first-ever Defence Industrial Strategy (ODIS) framework Thursday. Speaking…...
CHARLEBOIS: Think chicken prices are high now? Just wait until this summer
2+ day, 10+ hour ago (647+ words) Canadians are paying record prices for chicken while importing massive quantities of foreign poultry, mostly from the United States. If that sounds contradictory, it's because it is. According to the latest Canadian Association of Regulated Importers (CARI) figures released May…...
EDITORIAL: Our governments drown us in debt
3+ day, 13+ hour ago (443+ words) A new Fraser Institute report says that since 2007-08, combined federal and provincial debt, adjusted for inflation, has almost doubled, from $1. 24 trillion to a projected $2. 44 trillion in 2025-26 See more Toronto Sun on Google "save as a Preferred Source Increasing levels of…...
Home buyer confidence on the rise in Ontario
1+ week, 9+ hour ago (742+ words) Recent government announcements regarding the HST on new homes and the lowering of development charges in Ontario were welcome news to developers and buyers alike. Homeownership has long been the Canadian dream, and now the HST reductions feed into the…...
Maple Leaf Foods adds temporary fuel surcharge due to Iran war
3+ week, 1+ day ago (298+ words) Company's chief executive says the surcharge 'will be removed if or as fuel markets normalize' in Middle East Just as various industries are passing the rising cost of fuel to their customers, one of Canada's largest meat-processing companies said it's…...
PARKER: How to think about affordability
3+ week, 5+ day ago (670+ words) Affordability" is the word grabbing the headlines in public discourse these days. However, if affordability is a problem, it's important to be clear about what exactly the problem is and what can be done. Gallup has new polling data noting…...
Gains in spring economic update already cashed in, observers note
1+ mon, 6+ day ago (620+ words) More than 80% of newly created revenue in the update has already been spoken for, CPA Canada says OTTAWA " It's a windfall that's already been cashed in. According to the Chartered Professional Accountants of Canada (CPA Canada), while the federal government's…...
Bank of Canada holds interest rate at 2. 5% for sixth straight month
1+ mon, 7+ hour ago (450+ words) Tiff Macklem presented a far more cautious outlook than Tuesday's spring economic update OTTAWA " As the world deals with turmoil kicked up by spasmodic U. S. trade policy and the Iran war, the Bank of Canada held its interest rate steady at…...
CHARLEBOIS: Grocery shopping's new normal " more strategy, less freedom
1+ mon, 2+ day ago (787+ words) Canadians are no longer bracing for runaway food inflation, but that doesn't mean they've recovered from it. The latest data from the latest Canadian Food Sentiment Index, produced by Dalhousie University's Agri-Food Analytics Lab, suggests something more nuanced: the shock…...
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