44 h. ago GOLDSTEIN: New Statistics Canada data reveals standard of living on downward spiral

This is part of a longstanding crisis in the Canadian economy that has accelerated under the Trudeau Liberals

Economics

47 h. ago CHARLEBOIS: From Kyiv to Ottawa – the real war is over resources, not borders

The U.S. sought Ukraine’s resources under the guise of peace – Canada must recognize its water, energy and agricultural data could be next

Other

3 d. ago Ontario sees another enormous jump in people not paying housing and other bills

As if we needed more facts and figures to remind us how bad Canada's economy is at present, a new report has offered a glimpse into just how many people nationwide have been unable to cover their major bills, with mortgage delinquency in particular at an all-time high.And, residents of Ontario are the worst culprits.The data, published by Equifax Canada this week, comes from the final months of 2024, a year in which consumer debt across the country grew by 4.6 per cent, to a total of an unthinkable $2.56 trillion.Though falling lending rates over the course of the year helped to relieve the debts of some, the credit company says that "financial pressures intensified" for many others, especially those with mortgages in our two most exorbitant provinces for property: Ontario and B.C.When looking at the fourth quarter of the year versus the same time in 2023, there was a shocking 90.2 per cent increase in the number of Ontarians who hadn't made a mortgage ...

Other

4 d. ago Canada’s deportations hit highest level in nearly a decade, data shows

By late November, Canada's removal numbers had reached their highest point since at least 2015, when the governing Liberals led by Prime Minister Justin Trudeau came to power.

Other

1 week ago Ontario's cancellation of Starlink contract could impact millions of Canadians

Ongoing geopolitical tensions between Canada and the U.S. put Starlink in the crosshairs, potentially impacting 2 million Canadians.Ontario Premier Doug Ford threatened to cancel the government’s $100 million Starlink deal with the satellite internet service operated by Elon Musk’s SpaceX, but paused retaliatory measures against the U.S. amid the Canadian and U.S. government’s agreement to pause tariffs against one another for 30 days. With that, Ookla, known for its global broadband speed tests, researched what would happen if Starlink were cancelled in Ontario and other parts of Canada.According to Ookla's Speedtest Intelligence data of Starlink users in Canada, roughly two million Canadians would feel the effect of Starlink's disappearance. Ookla extrapolated the number based on the share of Speedtests Canadians performed using Starlink.This would highly affect people in Nunavut, where 44 percent of Speedtests were performed using S...

Economics

1 week ago Only 39% of Canadians planning RRSP contributions this year: Survey

Saving for retirement now appears to a be luxury in Canada — at least in some quarters. New polling data from investment dealer Edward Jones shows only 39% of Canadians plan to contribute to their RRSP this year, marking a sharp 10-point drop from last year’s figures. The survey says only 15% plan to contribute […]

Other

1 week ago Carney leads in fundraising as Freeland says Liberal party undercounted her haul

OTTAWA — Chrystia Freeland’s Liberal leadership campaign is insisting that fundraising numbers released today don’t give an accurate picture of her haul in the first part of the race. Data released today by Elections Canada shows she raised just over $226,000, putting her behind candidates Karina Gould, Frank Baylis and Mark Carney but ahead of […]

Culture

1 week ago Liberal leadership race: Mark Carney leads fundraising efforts

Financial data published by Elections Canada shows Carney raised $1.9 million for his leadership bid for the Liberal Party of Canada.

Politics