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Tariffs on Chinese EVs, aluminum and steel to raise federal revenues by $473M: PBO
OTTAWA — The parliamentary budget officer estimates Canada's tariffs on Chinese electric vehicles, aluminum and steel will increase federal revenues by $473 million over five years.
Dec 5, 2024 8:26 AM
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Canadians to spend $801 more on food in 2025 as climate, Trump affect prices: report
Food prices in Canada are likely to increase by three to five per cent next year, according to a newly released report, but wild cards like climate change and Donald Trump could have unforeseen impacts.
Dec 5, 2024 8:16 AM
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Montreal posts big home sales gains in November as median prices continue to rise
MONTREAL — Montreal-area home sales rose 47 per cent in November compared with a year ago as the province's real estate board says the region saw the second-most activity for the month since 2000.
Dec 5, 2024 8:12 AM
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US applications for jobless benefits rise last week but remain at low levels
The number of Americans applying for unemployment benefits rose last week but remains at historically healthy levels. Jobless claim applications rose by 9,000 to 224,000 for the week of Nov. 30, the Labor Department reported Thursday.
Dec 5, 2024 8:04 AM
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Key members of OPEC+ alliance are putting off production increases amid slack crude prices
FRANKFURT, Germany (AP) — Eight members of the OPEC+ alliance of oil exporting countries decided Thursday to put off increasing oil production as they face weaker than expected demand and competing production from non-allied countries — factors that
Dec 5, 2024 7:45 AM
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The GST tax holiday is coming but will the savings actually make a difference?
While many Canadians highly anticipate the federal government's upcoming GST holiday, experts say consumers need to make sure they're saving money on what they need most without falling for the allure of a deal and hurting their bottom line.
Dec 5, 2024 7:05 AM
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Canada Post strike hits three-week mark as union says it's ready to restart mediation
As the Canada Post strike hits the three-week mark, the Crown corporation says it is reviewing new counter-proposals submitted by the union representing more than 55,000 postal workers.
Dec 5, 2024 6:24 AM
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US applications for jobless benefits rise last week but remain at low levels
The number of Americans applying for unemployment benefits rose last week but remains at historically healthy levels. Jobless claim applications rose by 9,000 to 224,000 for the week of Nov. 30, the Labor Department reported Thursday.
Dec 5, 2024 5:39 AM
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Canadian men's road back to HSBC SVNS circuit will take them to South Africa, Poland
The Canadian men's road back to the elite HSBC SVNS series lies through South Africa and Poland. World Rugby released the schedule for its second-tier HSBC Challenger Series on Thursday.
Dec 5, 2024 5:30 AM
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European satellites launched to create artificial solar eclipses in a tech demo
CAPE CANAVERAL, Fla. (AP) — A pair of European satellites rocketed into orbit Thursday on the first mission to create artificial solar eclipses through fancy formation flying in space.
Dec 5, 2024 2:39 AM
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