Canadians are increasingly struggling to pay their mortgages, particularly in high-priced Ontario and British Columbia markets, a new report from Equifax Canada says. Mortgage delinquency balances are up 32 per cent nationally compared with last year.
A landmark agreement to export liquified natural gas from northern British Columbia to Germany is expected to be announced later this week by the federal government, according to sources who spoke to CBC News.
The hiring spree comes as the coffee chain said Friday that 80 new store locations would be added across Canada this year — and as American chain Dunkin’ plans a re-entrance into the Canadian market. Tim Hortons says the moves are part of a wider long-term investment, but a marketing expert says leaning into Canadian connection would be a smart move.
A Pizza Hut franchisee in the U.S. is betting big on nostalgia, bringing back its ’90s decor, Pac-Man and salad bars.
Reports of the sale made waves online this week among fans of Everlane, who saw the sale to Shein as a reversal of the brand’s commitment to climate goals and ethical manufacturing. Everlane CEO Alfred Chang said in a statement his company would remain independent and committed to sustainability and quality.
Driving the increase in prices, industry experts say, is cattle supply, which remains tight after a series of droughts. But in spite of that, consumer appetite remains strong, with overall demand for beef at record levels.
Intuit has laid off 17 per cent of its full-time workforce — or about 3,000 roles worldwide — as it plans to streamline the business and focus on key areas, including AI.
Canadian fintech company Wealthsimple is expanding its offerings for Canadian families, including accounts for children and teenagers, in a push to offer wider services to both consumers and businesses.
Recall applies to 6,082 Canadian vehicles, according to Hyundai. No fires, incidents, injuries or fatalities have been reported in Canada related to the issue.
Approved claims started getting paid out during the week of May 11, according to the webpage for the class-action settlement. Depending on whether they received a Loblaw gift card in 2018, Canadians who applied can expect to see either $49.11 or $24.11.