6 d. ago Canadians plan to spend an average of $3,825 on summer vacations: BMO report

A new report reveals that 62% of Canadians plan to spend the same or more on vacations and travel this summer compared to 2024, with an average budget of $3,825, which includes the cost of flights, hotels and accommodations, rentals, gas and food. BMO’s Real Financial Progress Index also highlighted that 59% are opting to […]

Economics

9 d. ago As Defence Spending Rises, Canadian Veterans Must Not be Left Behind

OTTAWA, Ontario, June 30, 2025 (GLOBE NEWSWIRE) — Canada is now on track to meet NATO’s 2% GDP defence spending target—a critical step for national security and an important signal to our allies that we take our global responsibilities seriously – and has signed on to a further commitment of 5% by 2035. But as […]

Events

1 week ago As Canada Day nears, consumers want Canadian goods — but costs are a concern

As Canada Day approaches, several new studies forecast that although Canadians are being careful about their spending, many are willing to pay more to support local businesses.

Economics

2 w. ago Carney says world is at ‘turning points’ as he touts defence spending boost

Prime Minister Mark Carney said increasing defence spending to meet NATO targets could come with benefits for Canadians, but also potential 'trade-offs.'

Events

2 w. ago Majority of Canadians think country is ‘falling behind’ militarily: Survey

With Prime Minister Mark Carney in Europe this week for a NATO summit, Angus Reid is checking the country’s temperature on military spending. A new survey says 75% of Canadians believe this country is “falling behind” militarily, even as Carney has committed in recent weeks to a significant defence spending increase. Still, the top choice […]

Politics

2 w. ago Varcoe: Amid Middle East conflict, oil prices gyrate wildly and Canadian producers assess spending

A report by consultancy Rystad Energy noted the situation remains fluid and energy markets were 'pricing the potential de-escalation'

Economics

2 w. ago Here's how much a Canadian family spends after moving to Portugal

After relocating from Canada to Portugal, Andrew Murray and Marie Torres have discovered an idyllic and slower-paced life with their family in a small village.Life certainly looks different these days after the family moved across the Atlantic from Nova Scotia in 2021 to a small town called Sintra, just outside Lisbon."I wake up naturally without an alarm," said Andrew. "And I do a little stretching routine. Most days, I walk to a local padaria (bakery) and get some freshly baked bread. The store has no sign on the door."Andrew, 48, and Marie, 48, are parents to Jack, 16, and Henry, nine. The couple, who manage an online marketing company, are no strangers to relocating.Before settling down in Nova Scotia, the pair lived in Toronto and rural parts of Ontario. Once they had children, they also travelled a lot, exploring Europe, Central America, and Southeast Asia. But it was a trip to France that changed Andrew's perspective."I could see life was differen...

Other

2 w. ago MANDEL: Double killer found NCR spared more jail time for earlier stabbing of his friend

A man found not criminally responsible for butchering his parents with a golf club has avoided more prison time for stabbing his friend two years before the double murder. The way is now clear for Kyle Sequeira to be moved to a psychiatric hospital where he’ll be under the jurisdiction of the Ontario Review Board. […]

Events

3 w. ago Canadians spending less time with friends, especially those of working age: StatCan

A Statistics Canada report says Canadians are spending less time with friends than ever, with the decline sharpest among the working-age demographic. The new data show that in 2022, only 19.3 per cent of Canadians saw friends on an average day, down from 47.9 per cent in 1986. The questions to those in the survey […]

Other

3 w. ago Michel Maisonneuve: Canada’s military can’t be fixed with cash alone

The Canadian Armed Forces is broken and unless Ottawa backs its spending with real reforms, we’re just playing politics with national security

Events