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7-Eleven expects to close hundreds of its stores in North America this year
2+ hour, 42+ min ago (360+ words) Convenience chain 7-Eleven expects to close hundreds of its locations this year. According to earnings filings published last week, 7-Eleven's North American operator plans to close 645 stores in the 2026 fiscal year " outpacing the 205 locations it forecasts it will open during…...
Canada adds 14, 000 jobs in March, keeping unemployment rate at 6. 7%
4+ day, 10+ hour ago (155+ words) Statistics Canada says the labour market added 14, 000 jobs in March, keeping the unemployment rate steady at 6. 7 per cent. The job gains were mostly in line with economists" expectations and mark a modest rebound from sharp losses across January and February....
Yu: Small business confidence in Canada retreats in March due to rising energy
1+ week, 4+ day ago (479+ words) Small business confidence in Canada ratcheted back in March which is not at all a surprise as war intensified rapidly in Iran, driving almost a near-immediate surge in retail gasoline prices. That likely offset some optimism following the late February…...
Ottawa's fiscal year shaping up better than budget forecasts: BMO economist
1+ week, 6+ day ago (538+ words) 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 monitor published last Friday showed Ottawa's deficit from April to January came in…...
Canada's economy was 'surprisingly OK' to start 2026: economists
2+ week, 5+ hour ago (653+ words) New data released by Statistics Canada suggests the economy was rebounding in the first few months of the year after a mild contraction to close 2025. The agency said on Tuesday real gross domestic product edged up 0. 1 per cent in January,…...
Annual inflation cools to 1. 8% in February, Stat Can says
4+ week, 1+ day ago (380+ words) Statistics Canada says the annual rate of inflation dipped below two per cent in February as the end of last year's federal "tax holiday" helped take some steam out of the yearly price comparisons. The agency said Monday that February's…...
Canadians are feeling financially stressed
4+ week, 1+ day ago (756+ words) For many Canadians, financial stress continues to be a persistent part of everyday life. According to the 2026 Financial Stress Index released by FP Canada last week, money once again ranks as the number one source of stress for Canadians, far…...
China sets a lower economic growth target of 4. 5% to 5% for 2026 as challenges loom
1+ mon, 1+ week ago (312+ words) China has set an economic growth target of 4. 5% to 5% for this year, a slight decrease in the face of a prolonged property slump and other headwinds and uncertainty abroad. The target was announced Thursday in an annual report being presented…...
Canadian economy contracted 0. 6% in Q4 to cap volatile 2025: Stat Can
1+ mon, 2+ week ago (381+ words) Statistics Canada says the economy capped off a volatile year with a contraction in the final quarter of 2025. The agency said Friday that real gross domestic product declined 0. 6 per cent on an annualized basis in the fourth quarter, falling short…...
CUSMA worries persist, but businesses taking small wins from court's tariff decision
1+ mon, 2+ week ago (180+ words) Canadian business groups say trade uncertainty continues to linger ahead of the formal review of the trade agreement between Canada, the U. S. and Mexico, however there are some reasons for hope following the U. S. Supreme Court's decision last week curtailing global tariffs....