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…
Canada’s famed hunter and one of the inspirations for the Jurassic Park phenomenon turned 75 earlier this year and has no plans to drop his chisel and rock hammer. Albertan Philip Currie says he’ll keep digging until he’s one with the fossils he has spent his life unearthing. “I decided when I was about 40…
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,”…
Prime Minister Justin Trudeau said Friday that Canada is “ready” for a likely renegotiation of the Canada-United States-Mexico Agreement (CUSMA) after Donald Trump vowed to reopen the free trade deal if he returns to the White House. Trump told the Detroit Economic Club on Thursday that he will invoke the six-year review clause under the…
Canada’s pharmacare bill has officially become a reality after it officially passed through the Senate Thursday and received royal assent. That means many will soon have access to more medications, including those for diabetes and contraception, which are deemed essential and can cost hundreds or thousands out of pocket each year, though specific provincial agreements…
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,…
By Laura Osman The Canadian Press Posted October 10, 2024 6:25 pm 1 min read Descrease article font size Increase article font size The pharmacare bill that was central to a political pact between the Liberals and NDP is now set to become law after the Senate passed the bill without making any changes. The…
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 —…
