2 d. ago New agency launched to speed Canadian military procurement, reconsider U.S. purchases

'We’re not going to be spending 75 cents of our dollar south; we’ll be amortizing that money out in Canada where we can,' says the secretary of state

Events

4 d. ago Canada in ‘investment crisis’ business council says in federal budget submission

OTTAWA — The Business Council of Canada says Canada is in an “investment crisis” but warns prosperity can’t be achieved by taking on more debt. In a letter to Prime Minister Mark Carney, the council’s president and CEO Goldy Hyder said if the federal government intends on financing investment by incurring more debt, then it […]

Society

4 d. ago Credit card fraud rising in Canada, application fraud falling: Equifax Canada report

A new report says the second quarter of the year brought a sharp rise in credit card fraud. Equifax Canada says the rate of credit card fraud jumped to 0.75 per cent in Q2 compared with 0.44 per cent a year earlier. That means out of every 10,000 credit cards, about 75 are fraudulent compared […]

Economics

5 d. ago AGAR: The taxing problem of governments wasting money in Canada

I am often accused of being anti-tax and it is not true. If we could figure out how to run a country with no government services at all, then I would be anti-tax. But we can’t. Economist Milton Friedman said he tried to figure out how to run the military as a private enterprise, but […]

Politics

6 d. ago Deloitte forecast sees Canada avoiding technical recession this year

A new forecast by Deloitte Canada suggests the country will avoid a technical recession this year as the economy is expected to grow in the third quarter before posting stronger gains in 2026. Statistics Canada reported last month that real gross domestic product fell 1.6 per cent on an annualized basis in the second quarter […]

Other

1 week ago Fintrac imposes its largest ever penalty on operator of crypto exchange KuCoin

OTTAWA — Canada’s anti-money laundering agency says it has imposed a nearly $20-million fine, its largest penalty ever, on the company that runs major cryptocurrency exchange KuCoin. Fintrac said Thursday it imposed the $19,552,000 penalty on Peken Global Ltd. on July 28, for violating Canadian money laundering laws. The company, a Seychelles-incorporated business that has […]

Technology

1 week ago JARVIS: Ontario Liberals need leader who will balance budget, cut taxes

The province needs an opposition who can credibly challenge the Ford government on wasteful spending

Economics

1 week ago Canadian taxpayer watchdog group slams Crown corporations' $190M bonuses

A watchdog group in Canada is questioning the decision of some Crown corporations to hand out $190 million in bonuses.The Canadian Taxpayers Federation (CTF) has spoken out on bonuses awarded by Crown corporations, citing worries about tax spending. The citizens' advocacy group is a federally incorporated, not-for-profit citizens' group "dedicated to lower taxes, less waste, and accountable government." Records obtained by CTF reveal corporations handed out over $190 million in bonuses during the 2024-2025 fiscal year, drawing sharp criticism from the group."Bonuses are for when you do a good job; they shouldn't be handed out like participation trophies," said Franco Terrazzano, CTF federal director. "Taxpayers can't afford to bankroll big bonus cheques each and every year for highly paid government executives. Here's a crazy idea: maybe the government should stop handing out bonuses when it's borrowing tens of bil...

Economics

1 week ago Autonomous trucking startup Gatik to deploy 50 rigs in Canada

(Bloomberg) — Autonomous trucking startup Gatik AI Inc. plans to operate 50 self-driving freight trucks in Canada by the end of next year, pushing toward driverless shipping with plans to remove the safety driver within months of deployment on public roads. Privately-held Gatik plans to start with 20 trucks on the road by the end […]

Culture

1 week ago BlackRock® Canada Announces Final September Cash Distributions for the iShares® Premium Money Market ETF

TORONTO, Sept. 23, 2025 (GLOBE NEWSWIRE) — BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the final September 2025 cash distributions for iShares Premium Money Market ETF. Unitholders of record on September 24, 2025 will receive cash distributions payable on September 29, 2025. Details regarding […]

Sport

1 week ago Canadians can get money from the government 3 different ways this week

September is almost over, yet some Canadians are still eligible to receive money from the government in the form of pensions.In the next few days, Canadians will receive money from the government through pensions such as the Canada Pension Plan, the Old Age Security Pension, and the Veteran Disability Pension.As affordability remains a concern, federal support and benefits are more crucial than ever. According to recent data from Statistics Canada, as of August, the cost of shelter has increased by 2.6 per cent since last year. And if you're still feeling the pinch at the checkout aisle, you're not imagining it — the cost of groceries went up by 3.5 per cent since last year.Be sure to find out if you qualify for these government benefits and review their eligibility requirements.Canada Pension Plan (CPP) — Sept. 25The Canada Pension Plan (CPP) is a monthly taxable benefit that replaces part of the income of eligible Canadians once they retire, providing...

Politics

1 week ago Here are all the ways Canadians can cash in on government money in October

A new month means Canadians will be getting more money from the federal government.Eligible individuals will receive a new slate of benefits and credit payments in October. This money from the government aims to alleviate your financial burden amid the cost-of-living crisis.Have big bills you'll need to pay next month? Now is a good time to take a look at which benefits you could be eligible for.Mark your calendars — here's when eligible Canadians can expect to receive money from the government in September.Canada Disability Benefit — Oct. 16This new government benefit is designed to provide financial support to Canadians aged 18 to 64 who live with a disability.Applications opened in June. If you qualify, you'll begin receiving payments the month after your application is received and approved."You may receive back payments for up to 24 months from when we get your application, but not for any previous months of eligibility prior to June 2025,"...

Politics

2 w. ago Statistics Canada reports retail sales down 0.8 per cent in July at $69.6 billion

OTTAWA — Statistics Canada says retail sales fell 0.8 per cent to $69.6 billion in July as shoppers spent less at supermarkets and grocery stores. However, the agency said its advance estimate for August pointed to an increase of 1.0 per cent for overall retail sales for that month though it cautioned the figure would […]

Economics

2 w. ago Eby says ‘unfairness needs to be addressed’ when it comes to federal ferry funding

OTTAWA — British Columbia Premier David Eby says concerns over a federal loan being used to buy ferries from a Chinese company are “bizarre” given the amount of money Ottawa spends on ferries in Eastern Canada. The premier is in Ottawa for a series of meetings including with newly appointed Transport Minister Steven MacKinnon, where […]

Other

2 w. ago Bank of Canada decision means shifting equation on fixed vs. variable mortgage rates

The Bank of Canada’s decision to lower interest rates for the first time since March will have a direct effect on variable mortgages, and shifts the equation on whether to go with a fixed or variable rate. Penelope Graham, mortgage expert at Ratehub.ca, says the growing narrative that rates will continue to move lower means […]

Events

2 w. ago Bank of Canada widely expected to lower key lending rate today

OTTAWA — The Bank of Canada is set to announce its interest rate decision today, where it’s widely expected to lower its key lending rate. A quarter-point cut would bring the central bank’s benchmark rate down to 2.5 per cent after three consecutive holds at 2.75 per cent. The bank received a last-minute look at […]

Other

2 w. ago ‘Naive’ Toronto cop turned lawyer helped scammers launder $1.7 million stolen from B.C. city

'He knew that the transaction was suspicious, but he turned a blind eye to it,' said an Ontario Law Society tribunal

Economics

2 w. ago Statistics Canada reports manufacturing sales up 2.5 per cent in July at $70.3B

OTTAWA — Statistics Canada says manufacturing sales rose 2.5 per cent to $70.3 billion in July, helped by strength in the transportation equipment subsector. The agency says sales of transportation equipment rose 8.6 per cent to $11.4 billion, boosted by an 11.4 per cent increase in sales of motor vehicles and a 7.2 per cent […]

Economics

3 w. ago Canada Looks to Rework IT, Supply Contracts in Search for Budget Savings

Prime Minister Mark Carney is asking Canada’s public service to get more for the government’s money when it buys goods and services.

Other

3 w. ago Letters, Sept. 10, 2025: ‘When will this Liberal government finally end the waste?’

Shame on the electorate  Re “We should see red” (Joe Warmington, Aug. 20): Once again, we witness the horror of a child killed by gunfire with a lot of finger-pointing but little being done to end such a travesty of law and order. Mark Carney stated from the outset he would not rescind Justin Trudeau’s […]

Politics