5 h. ago Calgary sees some of largest declines in rent costs in Canada

In Calgary, the average rent in April for a one-bedroom suite was $1,650 a month, down nearly 10 per cent from a year ago.

Economics

36 h. ago EDWARDS: Carney’s interventionist philosophy not what Canada needs

As Canadians confront stagnant productivity, geopolitical headwinds, and a deepening housing crisis, policy clarity and economic agility are more essential than ever. Yet instead of bold reform, the Liberal government’s Canada Strong – Fiscal and Costing Plan doubles down on technocratic tactics and moralized market engineering, with little effort for fiscal restraint or reduction of […]

Transport

3 d. ago Woman faces deportation after wrong turn on Costco run ends at Ontario

What should have been an ordinary afternoon of shopping at Costco turned into a nightmare ordeal at the U.S.-Canada border for one woman and her family.NPR reported that a woman living in the Detroit area of Michigan had been on her way to Costco when a wrong turn led her to the U.S.-Canada border.On March 8, Sarahi, who chooses to go by her first name, said she was travelling with her two young daughters, ages one and five, and brother, 19, to shop and get lunch at a local Costco.However, they didn't know at the time that the GPS was directing them to a Costco in Canada — one located across the border in Windsor, Ont. Sarahi and her brother are immigrants from Guatemala and don't have legal status in the U.S. However, Sarahi's daughters are both U.S. citizens. She said she realized what was happening when U.S. immigration officials approached their car.Both brother and sister were separated and told that they were to be deported. They also had the right to speak t...

Economics

4 d. ago Here's when Canadians can cash in on the next government payouts in May

Eligible Canadians can expect money from the government this month through various Government of Canada benefits and credits.According to Statistics Canada, the country's inflation rate rose to 2.3 per cent in March, slightly lower than the 2.6 per cent increase seen in February.Despite a slightly lower inflation rate, life in Canada remains expensive, and unemployment is rising.In March, the cost of housing increased by 3.9 per cent, while transportation costs rose by 1.2 per cent. Food purchased from stores continues to become more expensive, with prices increasing by 3.2 per cent.As the cost of living remains high, it's worth checking to see which government benefits you may qualify for. Ensure that your direct deposit is enabled, as you look forward to the following benefits, if you meet the criteria:Canada Child Benefit (CCB) — May 20Eligible families in Canada can expect their monthly Canada Child Benefit (CCB) payment on May 20. In July 2024, with the ...

Politics

2 w. ago Farmers in Canada, United States feeling the impact of Donald Trump’s tariffs

Grain Growers of Canada executive director Kyle Larkin says grain farmers in both America and Canada are suffering, and costs can still rise within the next few months. 

Economics

2 w. ago Costco Canada bringing back iconic sandwich to food courts but still no Chicken Bakes

Many food items have come and gone from the Costco food court over the years, from chicken wings to churros. However, the big-box store has just teased the return of a Canadian classic.Taking to its social media accounts, Costco revealed that it would be bringing back the Montreal smoked meat sandwich to its food courts across Canada.For those who remember, Costco used to have a smoked meat sandwich available at the food court years ago. However, it was one of the items that disappeared without a trace.After posting the announcement, plenty of Canadians were thrilled to see the return of the dish.    View this post on Instagram           A post shared by Costco Canada (@costco_canada)"SMOKED MEAT BABYYYYYYY. IVE MISSED YOU," one person commented.However, many Canadians were disappointed that Costco isn't bringing back other fan favourites from the past, and many are calling for the re...

Economics

2 w. ago U.S. retail giant overtakes Google as Canada's most reputable company

Costco Canada has claimed the top spot in a new market ranking of Canada's most reputable brands.Leger, a Canadian market research and analytics company, has just published the results of its 28th Reputation study, which unveils the list of the country's top reputable companies. The company surveyed over 38,000 Canadians to find their perspective on 326 companies across 30 sectors."Conducted annually, it is based on Leger's exclusive model of six recognized pillars of reputation — financial success, social responsibility, honesty, transparency, quality, attachment, and innovation," reads the statement. Companies are scored based on these factors, with 100 being the maximum a company can score.Costco Canada and other reputable companies of 2025According to Canadians, Google was the most reputable company in 2024 with a reputation score of 75, followed by Sony.This year, Google (72) fell several spots after being dethroned by Costco Canada (74), while Sony retained second place ...

Economics

2 w. ago Calgary Public Library launches $1M book campaign to address rising demand, inflation

In the past five years, the average cost of a book in Canada has risen by 20 per cent

Economics

3 w. ago Here's how many Tesla Cybertrucks were sold in Canada before massive recall

Transport Canada finally acknowledged the Tesla Cybertuck recall, and through it, we've learned that Elon Musk's boxy truck hasn't sold that well in Canada.The recall notice mentions that 1,995 Cybertrucks have been affected, so there is a slim chance that Tesla has sold six more to get over the 2,000 unit hump since the end of February when this recall was first issued. Tesla's website says that all trucks manufactured between Nov 13, 2024, and Feb 27, 2025, are part of the recall.In case you missed it, the American auto company needed to recall all the Cybertrucks because it glued on portions of the metal trim. The glue was failing, resulting in the trim coming off. Tesla is replacing the glue with a stronger adhesive and a couple of screws, so the problem is easily fixable.In the U.S., Tesla recalled 46,000 Cybertrucks, so it does appear to be selling better down south. In Canada, it costs $114,000 or more, depending on the trim options.In other Tesla news,&nb...

Transport

3 w. ago Float Launches ‘Float FX’ to Help Canadian Businesses Cut Currency Conversion Costs Amid Trade Tensions

New foreign exchange solution offers market-leading CAD USD conversion rates, easing financial strain from currency volatility and rising cross-border costs. TORONTO — Float, Canada’s complete business finance platform, today announced the launch of Float FX, a new solution that enables Canadian businesses to easily and instantly convert funds at rates that are 90% lower […]

Economics

3 w. ago CHARLEBOIS: Make no mistake, Canada still at war with world’s largest markets

“While Trump’s latest tariffs spared North American food trade, Canada remains entangled in costly disputes with China, India, and the U.S.—and our agri-food sector can’t afford to stay on the defensive.” Canada may still be reeling from a bout of political and diplomatic shock—call it Post-Disruption Stress Disorder (PDSD)—following the April 2 announcement in the […]

Other

3 w. ago Vast majority of Canadians now say they are living 'paycheque to paycheque'

Struggling financially due to the cost of living? You're not alone. A new survey shows most Canadians feel like they're only just covering their living costs.A new H&R Block Canada survey on how much money Canadians save shows that they're increasingly worried about not putting enough away for a rainy day. As a rule of thumb, 20 per cent of people's paycheques should go towards savings. However, on average, participants said they only manage to put away 7 per cent of their earnings.That's because the majority of participants said that they feel like living paycheque to paycheque is the "new reality.""When thinking about the prevailing culture of saving in Canada, a whopping 85 per cent feel that living paycheque to paycheque is the new norm," reads the survey. "This is up from 60 per cent who said they felt that way in a similar H&R Block study from 2024."It's hardly surprising, given that one in 10 Canadians say that what they earn isn't enough to cover living costs. Overal...

Politics

3 w. ago Costco Canada offering massive deal on membership this month

Want a Costco Canada membership? Now is the perfect time to buy or renew one for your household.On Sept. 1, 2024, Costco raised its annual membership fees for the first time in years. The Gold Star membership increased by $5 ($60 to $65), and the higher-tier Executive membership jumped by $10 to $130 annually.The good news is that Costco sometimes offers membership promotions with serious advantages. The big-box store currently has a deal for new and returning members (whose membership expired 18 or more months ago), but you'll have to act fast.The deal ends on April 13, 2025.Until that deadline, those who sign as Executive members online using the promo code COSTCO80 will receive a $80 voucher. It can be used on a $200 purchase at Costco.ca.For Gold Star members, the gift voucher is worth $40 (promo code: COSTCO40) and can be applied to a $100 purchase on the big box store's website.Savings like that could mean a ton of free essentials like toilet paper, cleaning supplies, applianc...

Economics

4 w. ago China’s Fish Farmers Face Higher Food Costs After Canada Tariffs

Fish food could be one of the more obscure casualties of a world fighting over trade, disrupting a supply chain that runs from the North American prairies to the thousands of fish farms that dot China’s rivers, lakes and deltas.

Economics