16 h. ago Inflation in Canada cools slightly to 2.2% in October, StatCan says

Year-over-year inflation for consumer goods rose by 2.2 per cent in October, a slight dip compared with the growth seen last month, according to Statistics Canada.

Economics

16 h. ago Inflation cools to 2.2% in October as gas, grocery prices fall

The annual rate of inflation cooled to 2.2 per cent in October -- a tick higher than economists' expectations but down from 2.4 per cent in September.

Economics

5 d. ago Kelowna’s unemployment rate jumps again, worse than height of COVID

According to Statistics Canada, the jobless rate in the Kelowna area rose to 9.3 per cent in October, an increase of 2.2 per cent in just one month – the 2nd highest in B.C.

Science

5 d. ago Canadians continue to shun U.S. travel in October, costing America billions

MONTREAL — Canadians continued to steer clear of the United States in October, with the month marking yet another major drop in year-over-year visitors. The number of Canadian residents who returned by car from the U.S. fell to 1.4 million in October, a 30.5 per cent drop from the same period in 2024, according to […]

Economics

6 d. ago SHEIN Canada Unveils the Biggest Sale of the Year with Early Black Friday and Cyber Monday Deals

Big Savings, Big Hauls, and The Biggest Sale Now through to December 1 TORONTO, Nov. 11, 2025 (GLOBE NEWSWIRE) — The wait is over! The SHEIN Black Friday Warm-Up Sale is officially live, giving Canadian shoppers a head start on this year’s biggest shopping event. Starting now through December 1, Canadians can shop across fashion, […]

Other

1 week ago Ontario gets surprise jobs boost as unemployment drops slightly

Figures released by Statistics Canada show employment was up by 55,000 in Ontario during October, dropping the unemployment rate marginally to 7.6 per cent.

Other

1 week ago Canada adds surprise 67,000 jobs in October, unemployment rate drops to 6.9%

OTTAWA — Canada’s labour market caught economists off guard with a second straight month of surprise job gains in October. Statistics Canada said Friday the economy added 67,000 jobs in October, good enough to drive the unemployment rate down two tenths of a percentage point to 6.9 per cent. October’s growth was driven by part-time […]

Other

1 week ago There are only 6 GTA neighbourhoods where homes still sell above asking price

The Greater Toronto Area (GTA) housing market is totally in the dumps right now, but as home prices tumble across the region and the supply of properties for sale increases far beyond projections, there are still a few places where sellers are raking in figures above asking price.New October data from real estate firm Wahi offers a glimpse behind the curtain at the remaining pockets of the GTA where buyers can still command bidding wars, fetching prices over asking. But they certainly aren't in abundance, with just six remaining neighbourhoods out of almost 300 in the entire region where homes are selling for more than the list price — accounting for just two per cent of the entire GTA.Underbidding only increased last month, with a noticeable month-over-month spike from September. The 2 per cent of neighbourhoods with overbids in October is a sharp decline from the 8 per cent recorded in September 2025.WahiWahi Economist Ryan McLaughlin notes that analysts had seen si...

Economics

1 week ago Toronto housing market is dying and here's how much average prices have dropped

Home sales and prices in the Greater Toronto Area (GTA) continue to plummet to historic lows. These trends continued through October 2025, casting further doubt on the future of the region's turbulent housing market.The latest data from the Toronto Regional Real Estate Board (TRREB) highlights continued market challenges affecting homeowners and sellers, while the ever-falling cost of a home in the region offers a ray of hope for would-be homebuyers who have been priced out of the market throughout the last decade of runaway land values.TRREB's Oct. 2025 data reveals that home sales have once again declined year-over-year in the region, with 6,138 home sales representing a 9.5 per cent drop over the same period in 2024.The City of Toronto registered 155 fewer home sales year-over-year, while 905-region sales declined by 491 homes. Overall, GTA home sales declined by 646 units in October 2025 from the 6,784 units sold during the same period last year.Figures were also down mo...

Economics

1 week ago Toronto home sales down 9.5 per cent in October from last year

The average selling price of $1,054,372 was down 7.2 per cent from last year.

Other

1 week ago GTA Housing Market: More Choice, Greater Affordability for Buyers

TORONTO, Nov. 05, 2025 (GLOBE NEWSWIRE) — Home sales in the Greater Toronto Area (GTA) were down year-over-year in October, while new listings were up. Market conditions continued to favour homebuyers, as average selling prices were negotiated down alongside lower mortgage rates.   “Buyers who are confident in their employment situation and ability to make their mortgage payments over the long […]

Other

1 week ago Greater Toronto home sales down 9.5 per cent in October from last year

TORONTO — Toronto’s real estate board says home sales and prices were down in October from a year earlier as economic uncertainty persists. The Toronto Regional Real Estate Board says home sales totalled 6,138, down 9.5 per cent from last year, which on a seasonally adjusted basis meant a 2.3 per cent drop in sales […]

Other

1 week ago Toronto home sales and prices drop amid economic uncertainty

Prices are down over 7% from last year

Economics

2 w. ago Magna International reports US$305M Q3 profit, sales up from year ago

TORONTO — Magna International Inc. is upping its sales outlook for 2025 as demand for light vehicle production remains steady despite geopolitical headwinds, the auto parts company said on Friday. The company reported US$305 million in net income attributable to the company, down from US$484 million in the same quarter last year. The company, which […]

Society

2 w. ago Tim Hortons remains star of RBI earnings as rising beef prices challenge Burger King

TORONTO — Burger King’s U.S. hamburger sales have been coming with a side of pricing pressure lately. The fast-food chain’s parent company Restaurant Brands International Inc. said Thursday that higher beef costs in its most recent quarter threatened to put the squeeze on margins. “Beef prices have been elevated and that does have some impact […]

Economics

2 w. ago Cizzle Brands Corporation Releases its Fiscal Q4 2025 and Full Year 2025 Results; Achieves 92% Revenue Growth over Prior Year Q4 on Accelerating Brand Expansion

For its 2025 fiscal year, Cizzle Brands generated over CAD $13 million in revenue, driven primarily by sales of CWENCH Hydration™, while maintaining a 57% gross margin. TORONTO — Cizzle Brands Corporation (Cboe Canada: CZZL; OTCQB: CZZLF; Frankfurt: 8YF) (“Cizzle Brands” or the “Company”), a sports nutrition company that is elevating the game in health […]

Other

2 w. ago GTA new home market collapse keeps getting worse as sales fall off cliff

Recent data reveals that just 53 new condos were sold in the City of Toronto last month, highlighting the depth of the city's home market slowdown, which has now fallen to historic lows across all housing types.Across the GTA, there were only 438 new homes in September 2025, according to data from Altus Group shared by the Building Industry and Land Development Association (BILD). This figure is 29 per cent lower than September 2024, and a staggering 80 per cent below the 10-year average.For comparison, a typical September in the GTA would see around 2,233 new home sales based on the historical average."New home sales across the GTA stumbled to another record low for the month of September," said Edward Jegg, Research Manager at Altus Group. "In fact, new home sales are down year-to-date across all the markets tracked by Altus Group led by Toronto, Vancouver, Calgary, Hamilton, and Kitchener-Waterloo where sales have fallen by over half co...

Other

3 w. ago Blue Jays’ success proving to be home run for businesses selling team merchandise

TORONTO — Bobby Mahomed’s Ottawa sportswear shop may be 455 kilometres from the Toronto Blue Jays’ home plate but sales linked to the team are so brisk, you’d think the business was right next store. In the months since the Jays made it into the playoffs, Game On! at the St Laurent Shopping Centre has […]

Economics

3 w. ago Blue Jays, MLSE stake drive Rogers revenue growth amid World Series run

Swelling enthusiasm for the World Series-bound Toronto Blue Jays boosted sales at Rogers Communications Inc., which owns the team and broadcasts its games, nearly offsetting an overall dip in adjusted earnings. The telecom reported a surge in media revenue of 26 per cent year-over-year in the three months ended Sept. 30. The leap accounted for […]

Other

3 w. ago Toronto Blue Jays’ run to World Series sets Proline+ sales record

TORONTO — The Toronto Blue Jays’ stunning playoff run has taken Proline+ by storm. Toronto advanced to the World Series for the first time since 1993 on Monday with a dramatic 4-3 home win over the Seattle Mariners in the seventh and deciding game of the American League Championship Series. Proline+, the Ontario Lottery and […]

Sport