At this year’s Thanksgiving, Canadians will find a “significant” supply of whole turkeys and at “really good prices,” farmers say. The news before the holiday season will likely be a welcome respite for many after recent years of high inflation and soaring grocery prices. Demand for turkey typically spikes around this time of the year,…
The Canadian economy added some 47,000 jobs in September, enough to lower the unemployment rate for the first time since the start of 2024. Statistics Canada said Friday that job gains were focused in full-time work and in the private sector, offset by losses in part-time roles and public employment. That drove the jobless rate…
Porter Airlines has perhaps the loftiest goals in Canadian skies: compete with the sector’s established players, not solely by trying to beat them on cost, but by winning the hearts of its passengers. “It’s a completely different way to travel in economy and it’s allowed us to grow very quickly over the last 18 months,”…
Vancouver mom Chelsea Heney waited until the age of 40 to have her first baby last November. While wanting to be financially prepared was a “big factor” in putting off motherhood, concerns about her relationships, health and career also influenced her decision to wait. “For me, having children was always something I knew I wanted,…
TD Bank became the largest bank in U.S. history to plead guilty to violating a federal law aimed at preventing money laundering, and agreed to pay over $3 billion in penalties to resolve the charges, government authorities said on Thursday. The plea deal, which includes a rare imposition of an asset cap and other business limitations, arises from…
Hopeful Canadian homebuyers may well have their pick of the litter when it comes to condos in many housing markets across the country, a new report from Re/Max Canada shows. The national brokerage said in its national condo outlook released Wednesday that listings in this segment of the market have “soared” in recent months. A…
A new report from the Parliamentary Budget Officer says inflation and higher interest rates have eroded Canadians’ purchasing power since 2022, particularly for lower-income households. But wealthier households have seen their purchasing power rise thanks in big part to their investment income. Over a longer time period — since the last quarter of 2019 —…
Descrease article font size Increase article font size The Competition Bureau is using new powers granted by the federal government to compel information from Air Canada and WestJet as part of a probe into the Canadian airline sector. Canada’s competition watchdog said Thursday that it obtained two Federal Court orders requiring Air Canada and WestJet…
Airlines must compensate travellers for international flight disruptions based on the Canadian Transportation Agency’s rules, the Supreme Court of Canada ruled in a landmark decision for air passengers. The decision released Friday upholds Canada’s Air Passenger Protection Regulations (APPR) after a group of airlines appealed to have them declared invalid for international flights. At the…
Descrease article font size Increase article font size After strong consumer interest in its gold bars, Costco is polishing plans to offer another precious metal: platinum bars. The retail giant is now offering one-ounce bars of platinum, but the product is not available to customers in Canada yet. It’s not just Canadians who are missing…
