Canada’s consumer price index rose to 1.9 per cent in January, as higher energy prices weighing on overall inflation were partly offset by the federal government’s tax holiday, Statistics Canada said on Tuesday. January marked the first full month that the GST […]
Canadian steel and aluminum businesses are already feeling the consequences — and the déjà vu — of Donald Trump’s latest tariff promise, several years after he targeted the same industries with a punishing import tax. The U.S. president signed an executive order
Canadian businesses already feeling the effects of Trump’s steel, aluminum tariff order Read More »
Bell Canada is offering severance packages to 1,200 unionized employees, attributing the move to “unprecedented challenges” in the telecom industry, a spokesperson confirmed to CBC News on Tuesday. The company is introducing what the spokesperson called an “enhanced voluntary separation program” for
Bell Canada offering severance packages to 1,200 unionized employees Read More »
More than 60 nations gathered in Paris this week for an AI summit that was meant to bring world powers together to set a global agenda on the rapidly developing technology. Instead, it showed that some are diverging sharply. Over
Why major countries can’t agree on how to regulate artificial intelligence Read More »
With the two-month GST holiday wrapping on Saturday, shoppers and small businesses across Canada are weighing whether the tax break made a meaningful difference — and the verdicts are mixed. The federal government imposed the temporary tax break on Dec. 14,
The GST holiday ends on Saturday. Did it make a difference for shoppers and businesses? Read More »
A global shortage of Swedish-made candy, all thanks to a viral TikTok video? Stranger things have happened. But that’s exactly what went down earlier this year, when TikTok influencer Marygrace Graves showed followers the sweets she’d scooped up from a
How a viral TikTok video led to a year-long global shortage of Swedish candy Read More »
Japanese carmakers Honda and Nissan are reportedly considering a merger — a sign that major global manufacturers are joining forces to compete against their mighty Chinese competitors as the auto world goes electric. The two companies — which, if merged, would become the world’s
The Canadian dollar dipped below $0.70 US on Tuesday, the first time it has done so since the onset of the COVID-19 pandemic in March 2020, according to Bloomberg data. The dollar’s move follows a chaotic start to the week
Canadian dollar dips below 70 cents US for first time since March 2020 Read More »
Canada’s annual inflation rate ticked down to 1.9 per cent in November, with the slowdown in price growth mostly driven by lower mortgage interest costs and cheaper travel tours, Statistics Canada said on Tuesday. Inflation came down across the board, with groceries
Canada’s inflation rate edges down to 1.9% Read More »
With only 24 hours left until the federal government’s GST holiday kicks in, small retailers say they’re preparing as best as they can for what could be a period of shopping chaos. The tax break, announced on Nov. 21, applies
As GST break approaches, small businesses prepare for a tax holiday headache Read More »
