16 h. ago Eligible households will see latest Canada Child Benefit payments dropping soon

Eligible Canadian families should keep an eye on their bank accounts for the incoming child tax benefit payment.The eighth instalment of the Canada Child Benefit (CCB) will be deposited on Wednesday, Aug. 20.In July, the child tax payment increased, marking the beginning of the new benefit year. The federal government uses a process called indexation to up the benefit amount to help parents amid the cost-of-living crisis.An Employment and Social Development Canada (ESDC) spokesperson told us in January that the indexation means the max CCB amounts and income thresholds are increased yearly to "keep pace with the rising cost of living."Canadian families saw a 2.7 per cent boost in child tax benefit payments this year, bringing the annual base benefit for children under six from $7,787 to $7,997 ($666 monthly) and from $6,570 to $6,748 ($562 monthly) for children aged six to 17 until June 2026.The Child Disability Benefit (CDB) also went up from $3,322 to $3,411 in...

Other

3 d. ago How prices for staple grocery items have fluctuated in Canada so far this year

The price of groceries in Canada remains a source of concern for many households, as the cost of daily essentials continues to strain budgets.The rising price of groceries is a very real worry for many shoppers in Canada, according to a new report by PwC stating that 76 per cent of Canadians worry about the rising cost of food — much higher than the global average of 59 per cent.And Canadians are worried for good reason, as prices constantly fluctuate.Grocery giant Loblaw recently published its July food inflation report, which states that food prices in June rose by 2.8 per cent compared to last year. It's a slower pace than the 3.3 per cent increase seen in May, but still higher than the headline inflation rate of 1.9 per cent.And, in addition to inflation, the tumultuous U.S.-Canada trade war continues to loom over shoppers' wallets.Using Statistics Canada's Average Retail Food Prices Data Visualization Tool, we ...

Economics

1 week ago Gunter: Trudeau cost Canada a chance to get into global LNG game — Trump and U.S. are reaping the benefit

Last Sunday, at President Donald Trump’s golf resort in Scotland (a.k.a. King Donald’s summer palace), Ursula von der Leyen, president of the European Union pledged European countries would buy US$750 billion (over $1 trillion Canadian) of U.S. energy – largely LNG – over the next three years in return for Trump promising to impose only […]

Politics

4 w. ago Bank of Canada, Crown corporations set to align with Liberal cost

OTTAWA — The Bank of Canada and most other federal Crown corporations will be looking to trim their budgets alongside a wider government effort to cut costs. A spokesperson for the Bank of Canada confirms the central bank will “align” with the Liberal government’s plans to carve out savings of 15 per cent in departments’ […]

Economics

4 w. ago Edna’s Selected to Exhibit at INFRA’s 2025 Tabletop Show–Raising the Bar on Non

VANCOUVER, British Columbia — Coming off a successful rotation with Costco Wholesale (NASDAQ: COST) in Western Canada and strong sales across over 700 Target Corporation (NASDAQ: TGT) stores nationally, Edna’s Non-Alcoholic Cocktail Co. is proud to announce its selection for the 2025 INFRA Tabletop Buying Show. Hosted by the Independent Natural Food Retailers Association (INFRA), […]

Other

4 w. ago Alcoa Says Trump Tariff Added $115 Million in Aluminum Costs

Alcoa Corp., the largest US aluminum producer, said tariffs on imports from Canada cost it $115 million in the second quarter, showing how US President Donald Trump’s trade agenda has affected the industry.

Economics

4 w. ago Donald Trump reaps US$50 billion tariff haul as world ‘chickens out’

Only China and Canada have retaliated against the U.S. president's tariff war

Economics