Real estate report: Second highest home price increase ever recorded in a single month
Home prices in Canada continued to rise in July, according to the Teranet-National Bank composite index.
Home prices in Canada continued to rise in July, according to the Teranet-National Bank composite index.
Canada's annual inflation rate rose to 3.3 per cent in July, but one economics professor says last month's lower inflation number was likely an 'illusion,' and thinks the country may be about to enter a recession.
Inflation has increased, according to Statistics Canada, and gas prices are at least partly to blame. Here's why gas could be costing Canadians more over the next few months.
As Canadians continue to feel the financial toll of inflation while grocery shopping, one registered dietitian offers practical tips for cutting costs at dollar stores, without compromising nutrition.
Overall grocery prices saw a slowdown from June to July, the newest Consumer Price Index report shows, but some products were still more expensive than they were earlier this year.
Canada's annual inflation rate rose to 3.3 per cent in July, as economists warn the latest consumer price index report spells bad news for the Bank of Canada. The uptick in price growth comes after inflation tumbled to 2.8 per cent in June, falling within the Bank of Canada's target range.
Economists say there are a number of factors driving up food prices, but they expect food inflation to slow over time. Here's a look at some of the factors behind Canada’s high grocery prices and what to expect in the coming months.
Maple Leaf Foods Inc. says it lost $53.7 million in its most recent quarter as it grappled with inflation and other market headwinds.
Eligible Canadians will receive their first automatic advance payments from the CRA as part of the newly enhanced Canada Workers Benefit on July 28.
The Bank of Canada will not raise rates again and will start cutting a little later than previously anticipated, according to a survey of market participants released by the central bank on Monday.
Canada's inflation rate dropping to 2.8 per cent in June is a 'milestone moment' that Canadians should find some relief in, according to Deputy Prime Minister and Finance Minister Chrystia Freeland.
Canada's inflation rate is coming down, but the relief being felt by consumers is largely centred around the gasoline pump.
Grocery prices remain elevated despite an overall inflation decrease in June, pinching Canadians' pockets as they shop the fresh fruit, vegetable, meat and bakery aisles.
Statistics Canada says Canada's inflation rate tumbled to 2.8 per cent in June, putting it within the Bank of Canada's target range.
As inflation inches closer to three per cent, economists are warning the steady monthly declines in annual price growth will stall and even potentially reverse in the second half of the year.
The Bank of Canada is widely expected to raise interest rates again this week and this economist warns that it's the 'new orthodoxy' as central bankers try to stamp out inflation.
As the country grapples with rising living costs and inflation, a new report reveals that for the sixth consecutive year, money remains the primary source of stress for Canadians, particularly for younger Canadians.
No evidence of human remains has been found during the excavation of a Catholic church basement on the site of a former Manitoba residential school.
A mother who has pleaded guilty to failing to provide the necessaries of life to her six-week-old baby will spend less than two years in jail.
Structures have burned and emergency responders were trapped Friday after the fast-moving McDougall Creek wildfire grew significantly overnight.
The Manitoba government says people forced to evacuate due to wildfires in the Northwest Territories could be arriving in Manitoba by Saturday.
The Canadian military says it is working to get the remaining residents out of Yellowknife as a result of the ongoing wildfires in the Northwest Territories.
Thousands of residents from the Northwest Territories have been displaced from their homes due to ongoing wildfires. Here’s how Canadians can support impacted communities.
A prosecutor urged a judge Friday to impose a life sentence on the teenager who killed four students at his Michigan school, arguing that his methodical planning and "appetite for violence" should keep him locked up forever.
A neonatal nurse in a British hospital was found guilty Friday of killing seven babies and trying to kill six others.
Hurricane Hilary grew rapidly into Category 4 strength off Mexico's Pacific coast on Friday and could reach Southern California as the first tropical storm there in 84 years, which forecasters warned could cause extreme flooding, mudslides and even tornadoes.
Prosecutors will not seek the death penalty against a Utah mother who wrote a children's book about coping with grief after her husband's death and is now accused of fatally poisoning him.
UN human rights officials denounced Friday what they called the "extreme brutality" of gangs in Haiti, with thousands fleeing several neighbourhoods in the country's capital this week amid a surge in violence.
Authorities are searching for a member of the Proud Boys extremist group who disappeared days before his sentencing in a U.S. Capitol riot case, where prosecutors are seeking more than a decade in prison, according to a warrant made public Friday.
A New York City drug dealer was sentenced Friday to 10 years in prison for providing "The Wire" actor Michael K. Williams with fentanyl-laced heroin, causing his death.
Canadian filmmakers and programmers say homegrown talent could draw more attention at this year's Toronto International Film Festival as Hollywood strikes disrupt the industry.
Britney Spears and her husband Sam Asghari separated nearly three weeks ago, and he is seeking spousal support and attorneys' fees in their divorce, according to his divorce filing.
A shortage of diabetes drug Ozempic that is used off-label for weight loss is expected in Canada, the manufacturer says.
The approval of a fast-acting, short-term medication in the United States to treat postpartum depression has Canadian maternal health experts and advocates hoping people north of the border will soon have access to the same treatment.
Newly appointed Health Minister Mark Holland says he doesn't want to go waving a stick around as he negotiates the final details of a health accord with provinces and territories, and it'll largely be up to Canadians to hold them accountable.
Wildfire evacuees that have lost their jobs and need to apply for federal employment insurance will have their applications prioritized, according to Canada's Minister of Citizens' Services Terry Beech.
Green Party Leader Elizabeth May says a top-secret briefing on foreign interference did not allow her to access key intelligence documents.
Newly appointed Health Minister Mark Holland says he doesn't want to go waving a stick around as he negotiates the final details of a health accord with provinces and territories, and it'll largely be up to Canadians to hold them accountable.
At least two brands have said they will suspend advertising on X, the platform formerly known as Twitter, after their ads and those of other companies were run on an account promoting fascism. The issue came less than a week after X CEO Linda Yaccarino publicly affirmed the company’s commitment to brand safety for advertisers.
Microsoft said on Thursday it would pull the plug on Xbox 360's online store and marketplace next year, as it focuses on its latest consoles and subscription service Game Pass.
Canadian LinkedIn users wanting to ensure the public that they're the real deal now have another method of verifying their online/digital identity: government identification.