Category: Blog

Canada’s inflation rate rose to 1.9% in August

A woman gasses up at a gas station in Mississauga, Ont.,  Tuesday, February 13, 2024.

Canada’s annual inflation rate rose to 1.9 per cent in August, Statistics Canada said on Tuesday, the final piece of economic data to be released before the Bank of Canada’s next interest rate decision.

Coffee with your car parts? Canadian Tire and Tim Hortons merge loyalty programs

A red triangle sign on the left and a sign that reads Tim Hortons on the right

Canadian Tire announced Monday that it’s partnering with coffee giant Tim Hortons to dish out perks to customers of both brands.

Government lays out next steps in probe of unpaid work in airline industry

A row of people on strike walk in circles on the picket line. A woman holds up a sign that reads, 'Unpaid work won't fly.'

The federal government has outlined the next steps it will take in its investigation into unpaid work in the airline industry, saying it will consult with both employees and employers and hold two roundtable discussions with stakeholders.

‘Fundamentally unattractive’: MEG urges shareholders to reject latest Strathcona bid

The gloved hand of an oil worker holds raw sand bitumen.

Oilsands developer MEG Energy Corp.’s board of directors is urging shareholders to reject a sweetened hostile bid from Strathcona Resources Ltd., deeming it inferior to the lower — but more cash-heavy — friendly offer from industry heavyweight Cenovus Energy Inc.

National home sales in August hit 4-year high, says CREA

A real estate sign is shown outside of a house.

The Canadian Real Estate Association says it recorded the most home sales for August in four years, as the number of residential properties that changed hands rose 1.9 per cent compared with a year ago.

Ottawa is counting on copper to be a nation builder — and Canada has to play catch-up

A bundle of copper tubes are shown.

Ottawa’s list of fast-tracked “nation-building” projects includes the development of two Canadian copper mines as global demand soars — and supply challenges persist — for one of the world’s most important natural resources. 

Want a slice of the $500M bread price-fixing settlement? The claims process is now open

A person pushes a stroller through the bread section of a grocery store

Canadian shoppers now have a chance to get their share of a $500-million settlement in a class-action lawsuit related to the alleged industry-wide price fixing of bread.

U.S. inflation jumps 2.9% in August as gas, grocery, airfare prices rise

An overhead shot of a photo picking a container of berries in a grocery store.

U.S. inflation moved higher last month as the price of gas, groceries, hotel rooms and airfare rose, along with the cost of clothes and used cars.

Apple unveils cool gear, but questions remain on its AI strategy

Close up image of hands holding a very thin new iPhone

Apple unveiled upgrades and tweaks to its lineup of phones, earbuds and watches, but questions remain about the apparent lack of an ambitious AI strategy.

Why the proposed Teck Resources merger is a big deal for B.C.

A man in a construction suit and a photo of a building with the word 'Teck' on it.

Vancouver-based Teck Resources says it will remain Canadian, even as it plans to merge with British multinational Anglo American PLC in a $70-billion deal that would create a new company called Anglo Teck.