Although annual sales figures continue to reflect challenges, growth and stabilisation suggest the market may be finding its footing. According to the latest data from the Canadian Real Estate Association (CREA), just over 47,000 homes changed hands across the country during May. This represented a decline of 5.1 per cent…

The proposed measure would impose a 10 per cent tariff on imports from Canada and other nations accused of weak enforcement against forced-labour-related goods. Most Canadian exports are expected to remain unaffected because products that comply with the Canada-United States-Mexico Agreement (CUSMA) would be exempt from the new duties. Prime…

Prime Minister Mark Carney says the plan is designed to make energy more affordable for Canadians while also expanding the nation’s electricity grid to meet growing demand. For many Canadians, rising utility bills have become another source of financial pressure alongside higher housing costs and groceries. The government says this…

One of the most frequent issues is missing income information. While the tax agency receives many documents directly from employers and financial institutions, not all slips arrive at the same time. Filing too early can mean leaving out important forms like investment income slips that often come later. Even a…

As conflict in the Middle East continues to constrain vital energy supplies, the aviation sector is facing what some analysts describe as an unprecedented challenge. The situation has escalated rapidly. According to Fatih Birol of the International Energy Agency, the world is experiencing one of the most severe energy crises…

In February, Statistics Canada reported a merchandise trade deficit of $5.7 billion. This means the country imported significantly more goods than it exported, with imports reaching a record high. This might sound like a distant economic issue, but it can influence everything from job stability to prices. A key driver…

At the centre of this decision is a growing tension between inflation and economic growth. For individuals, this creates a financial environment where the cost of living and economic stability feel uncertain. As oil and gas prices rise, individuals can expect to pay more for fuel and energy heating. These…

A new assessment from DBRS Morningstar suggests that fuel retailers are likely to pass rising wholesale costs directly on to consumers if oil prices remain elevated. Since the initial strikes last weekend, U.S. benchmark crude prices have climbed more than 15 per cent. On Thursday, oil in New York was…

The result came as a modest surprise to economists, many of whom had expected inflation to hold steady. The primary driver behind the slowdown was a sharp drop in gasoline prices. Pump prices were down 16.7 per cent compared with January last year, placing notable downward pressure on the headline…

The Bank of Canada is pointing to three big forces reshaping the economy: growing U.S. protectionism, rapid advances in artificial intelligence, and much slower population growth. Together, these changes are expected to weigh on growth for some time. The central bank is signalling that while the economy may eventually become…