Canada’s economy is suffering. The Bank of Canada says interest rate cuts can only do so much. So it’s passed the baton to the federal government. This week’s budget can do what the central bank cannot: restructure how the Canadian economy grows.
Airlines say they are reporting more revenue from upgrades. Some passengers say that’s because the economy ticket experience has become so undesirable.
Egg freezing is seen by some as a way for women to take control of their fertility. Other experts, though, fear that the fertility industry is just profiting off the tension women feel between career and family building.
As of Nov. 1, all medium- and heavy-duty trucks and parts headed to the U.S. will get a 25 per cent tariff, while buses will be levied at 10 per cent. While truck and bus making are small industries in Canada, experts say the tariffs could have a big impact.
Canada’s economy shrank in August against widespread expectations of no growth, Statistics Canada data showed on Friday, but an advanced estimate pointed out the economy might escape a recession in the third quarter.
CBC News discovered two major candy makers, Mars Inc. and the Hershey Company, had reduced the weight of several of their Halloween chocolate bar variety packs compared to last year by as much as almost 17 per cent.
The chairman of MEG Energy Corp. has paused a shareholder meeting on a proposed takeover by Cenovus Energy Inc. to address an unspecified regulatory matter.
In the small Alberta town of Cochrane, an eclectic group of engineers and athletes at Garmin Canada are helping to fuel the explosive growth of fitness watches and wearables.
Canada’s tourism sector generated a record-breaking amount of revenue of between May and August, reaching $59 billion, a six per cent increase compared to the same period last year.
The U.S. Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring even as inflation stays elevated.