Business

Bank of Canada preparing for more uncertain, shock-prone future

Bank of Canada governor Tiff Macklem says the central bank is preparing for a future that looks more uncertain and…

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Canadian dollar dips below 70 cents US for first time since March 2020

The Canadian dollar dipped below $0.70 US on Tuesday, the first time it has done so since the onset of…

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Canada added record rental supply in 2024, but most units were too pricey for the average renter

The Canada Mortgage and Housing Corp. says the pace of rent growth cooled significantly this year as Canada added its largest…

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Matthew Rankin’s ‘Universal Language’ advances to next round in Oscars race

The Canadian absurdist dramedy “Universal Language” has advanced to the next round in the race for best international feature film…

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Canada to impose more tariffs on Chinese imports in new year

Canada plans to impose tariffs on a slew of Chinese products starting as early as next year, the government’s fiscal…

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After major layoffs, Quebec’s Lion Electric to enter creditor protection

Lion Electric, an electric bus and truck manufacturer based in Quebec, is entering creditor protection.  The publicly traded company, headquartered in…

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Canada’s inflation rate edges down to 1.9%

Canada’s annual inflation rate ticked down to 1.9 per cent in November, with the slowdown in price growth mostly driven by…

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What happens now with your mail? Canada Post said clearing backlog will ‘take some time’

Years after the longest Canada Post strike on record came to an end, a government report summarizing media coverage of…

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Canadian annual home sales surged in November, with prices rising as interest rates fall

The Canadian Real Estate Association says the number of homes sold in November rose 26 per cent compared with a…

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TikTok asks U.S. Supreme Court for emergency order to block upcoming ban

TikTok on Monday asked the U.S. Supreme Court to step in on an emergency basis to block the federal law…

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