10 h. 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

2 d. 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 d. 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 d. 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 d. 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 d. 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 d. 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 d. 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

4 d. 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

5 d. 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

7 d. 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

8 d. 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

8 d. 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

9 d. 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

9 d. 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

2 w. ago Here's how the end of carbon tax in Canada will affect your everyday expenses

With the carbon tax set to be scrapped next month, Canadians may be wondering exactly how much this will affect gas and food prices in Canada.According to an analysis from Desjardins Economics released on Tuesday, Canadians can expect a drop in prices at the pump immediately, but it may take a while for their grocery bills to go down.The report comes after Prime Minister Mark Carney announced that the federal government would be axing the consumer carbon tax in Canada as of April 1. The final Canada Carbon Rebate (CCR) will still be issued that month, but you'll need to get your affairs in order to cash in.Desjardins predicts that inflation will be about 0.7 per cent lower in April 2025 than it would have been if the carbon tax stayed.More specifically, the report suggests that removing the price of pollution will drop gas prices by about $0.18 per litre on April 1 in provinces where the fuel charge is applied.In comparison, the carbon tax in Canada was...

Economics

3 w. ago European Countries Seek More Flexibility on Gas Storage Targets

European Union member states are seeking more flexibility to meet gas storage targets over the next two years after current provisions and higher demand added to an increase in prices of the fuel.

Economics

3 w. ago B.C. overdose deaths in January drop 30 per cent to 152, continuing downward trend

January's figure was down more than 30 per cent from the same month last year when there were 219 deaths.

Events

3 w. ago Oil’s Houston Homecoming Overshadowed by Trade War, Price Drop

Oil executives gathering in Houston this week learned the hard way that US President Donald Trump’s pro-fossil fuel agenda comes with a catch: lower prices.

Economics

3 w. ago Trump announces severe retaliation in response to Ontario tariffs on electricity

U.S. President Donald Trump announced further tariffs on Canada on Tuesday, imposed in response to Ontario Premier Doug Ford's 25 per cent tariffs on electricity supplied to the States.Trump took to his Truth Social platform on Tuesday morning, announcing that tariffs on Canadian steel and aluminum products coming into the U.S. would be doubled from 25 per cent to 50 per cent in response to Doug Ford's retaliation to U.S. tariff threats.Trump stated that "Based on Ontario, Canada, placing a 25 per cent Tariff on 'Electricity' coming into the United States, I have instructed my Secretary of Commerce to add an ADDITIONAL 25 per cent Tariff, to 50 per cent, on all STEEL and ALUMINUM COMING INTO THE UNITED STATES FROM CANADA, ONE OF THE HIGHEST TARIFFING NATIONS ANYWHERE IN THE WORLD.""This will go into effect TOMORROW MORNING, March 12th. Also, Canada must immediately drop their Anti-American Farmer Tariff of 250 per cent to 390 per cent on various U.S. dairy products, which has l...

Economics