8 d. ago Gas prices crater in Metro Vancouver, but analyst says it may not last

The price of gas in Metro Vancouver went down 10 cents per litre over the weekend, and is down 25 cents in a month.

Economics

9 d. ago Here's how much home prices in Canada are expected to drop in 2025

Following an uptick in home prices in 2024, British Columbia could be among the parts of Canada to see a potential decline in housing prices in 2025.According to a recent forecast by TD Bank's economists, average home prices in B.C. will fall by 4.1 per cent in 2025, before rising by 2.7 per cent in 2026. This comes after a 1.7 per cent increase in home prices in 2024.This will be the country's second-largest dip in home prices, following the forecast for Ontario: a decrease of 6.4 per cent in 2025, and a subsequent increase of 2.2 per cent in 2026. Last year, home prices in Ontario went up marginally, by 0.3 per cent.As for the number of home sales in B.C., the volume of transactions is expected to decrease by 0.8 per cent, before rallying by a staggering 14.7 per cent in 2026. Similarly, Ontario will see a 7.6 per cent drop in home sales in 2025, followed by a 16.9 per cent increase in 2026, the bank's experts say."This reflects muted demand conditions in both [B.C. and Ontar...

Economics

9 d. ago Inflation cooled to 2.3% in March as gas prices fell, StatCan says

OTTAWA — Canadians got a break on inflation in March even without a tax holiday as Statistics Canada says the pace of price increases slowed last month.  The agency says the annual inflation rate was 2.3 per cent in the month, down from 2.6 per cent in February.  StatCan says a drop in the price […]

Economics

1 week ago WARMINGTON: Mark Carney’s motorcade saves big on gas thanks to carbon tax pause

But gas price guru Dan McTeague warns a Liberal win on April 28 could see prices down spike by as much as 40 cents a litre

Transport

1 week ago Canadians' U.S. visits keep dropping, and local tourism may benefit

U.S.-Canada trade tensions led to a steep drop in Canadians heading south last month – a trend that, if it continues, could help boost the London region’s tourism sector, an industry watcher says. Some 1.5 million Canadians made return trips to the U.S. by car in March, a 31.9 per cent drop from the same […]

Other

2 w. ago Canadian economy lost 33,000 jobs in March, biggest loss since 2022

OTTAWA — Statistics Canada says the economy lost 33,000 jobs in March, the biggest loss since January 2022, while the unemployment rate ticked higher. The agency says the unemployment rate for March rose to 6.7 per cent compared with 6.6 per cent in February. The drop in jobs reverses some of the gains made by […]

Other

3 w. ago Calgarians celebrate end of consumer carbon tax: “It’s a nice change”

Calgary drivers were happy to see a drop in fuel prices on Tuesday - as the end of the federal Consumer Carbon Tax took effect.

Economics

3 w. ago Customers relieved, for now, as gas prices fall at B.C. pumps after death of the carbon tax

Several drivers at one Vancouver gas station commented on the run-up in price prior to the elimination of the carbon tax

Economics

3 w. ago Gas prices drop as consumer carbon price ends, but full impact yet to be felt

CALGARY — Gasoline prices are coming down in Canada as the consumer carbon charge drops to zilch from 17.6 cents per litre, but motorists had yet to feel the full impact of the change on Tuesday. “The pace is going to vary province to province, city to city, station to station,” said Patrick De Haan, […]

Economics

3 w. ago Gas price trackers say Winnipeggers should see 15 cent drop in fuel prices as of Tuesday

Drivers across the country will get a break at the pumps as of Tuesday, as the consumer carbon tax is no more.

Economics

3 w. ago ‘Fairly big’: Ontario gas prices drop as Ottawa ends consumer carbon price

Tuesday marked the end of Ottawa’s consumer fuel charge after Mark Carney signed an order-in-council to remove it when he was sworn in as prime minister last month.

Economics

3 w. ago Gas prices expected to drop 18 cents a litre as carbon tax ends

It may sound like an April Fool’s prank, but the price of gas is going down. However, it could be a short-lived relief for consumers, says a gas price expert.

Economics

3 w. ago Drivers can expect gas price to drop 17 cents, B.C. NDP says as end of consumer carbon tax hastened

Premier David Eby, who successfully sought accelerated consideration to pass the legislation in one day, also warned gas companies against price gouging

Economics

3 w. ago Downtown Toronto is still struggling despite some signs of life returning

Downtown Toronto has gradually recovered much of the vitality lost during the pandemic years, but the city centre is still struggling with a dearth of office workers even amid signs of life returning.New data in CBRE's just-released Q1 2025 Canada Office Figures report reveals that vacancy in downtown Toronto's gutted commercial market rebounded slightly during the first months of the year, but there's still a long way to go before things are even close to normal again.CBRE's figures show that Toronto fared better than other Canadian cities during the first quarter of 2025, with downtown office vacancy declining by 50 basis points to 18.5 per cent.While this leap marks the first substantial drop in vacancy recorded since the market took a nosedive in early 2020, there is still much ground to recover should vacancies ever drop to the figures seen in the before-times.Central Toronto's office market hit a record low vacancy rate of just 2.2 per cent in the fourth quarter of 2019. Howev...

Other

3 w. ago 'Hard to survive': Calgary drivers hopeful for carbon tax savings following latest gas price spike

Prime Minister Mark Carney killed the consumer carbon levy as one of his first acts upon taking office earlier this month

Economics

3 w. ago EU Nations Weigh New Tools to Make Gas Storage More Flexible

European Union nations are considering empowering the bloc’s regulatory arm to allow more flexible gas storage goals if prices of the fuel surge due to speculation or market manipulation.

Other

4 w. ago Organizers of B.C. trans history conference blame Trump for expected attendance slump

The chair of transgender studies at the University of Victoria is worried about attendance at this year’s Moving Trans History Forward conference, with expectations of a 40 per cent drop in numbers. Aaron Devor says American potential attendees are reluctant to cross the border — not because of what might happen when they enter Canada, […]

Culture

4 w. ago U.S. attendees’ fear of travel threatens attendance at B.C. trans history conference

The chair of transgender studies at UVic is worried about attendance at this year's Moving Trans History Forward conference, with expectations of a 40 per cent drop in numbers.

Culture

4 w. ago Metro Vancouver gas prices jump days before B.C. axes consumer carbon price

The cost of regular gasoline climbed to over $1.80 per litre in many areas -- just days after the province confirmed it would scrap the consumer carbon price next week. 

Economics

4 w. ago Organizers of B.C. trans history conference blame Trump, with attendance set to slump

The chair of transgender studies at the University of Victoria is worried about attendance at this year’s Moving Trans History Forward conference, with expectations of a 40 per cent drop in numbers. Aaron Devor says American potential attendees are reluctant to cross the border — not because of what might happen when they enter Canada, […]

Culture