4 d. ago Lobster fishers raise alarm about low Canadian prices, some giving up on season

Lobster fishers around Atlantic Canada are speaking out about this year's prices, with some saying it's unfairly low this season.

Economics

4 d. ago The prices of some video game consoles and games are increasing in Canada

Microsoft is raising the prices of a variety of Xbox consoles, games and controllers around the world, including in Canada.In an update posted to its website, Microsoft says it's now charging more for these products in response to "market conditions and the rising cost of development." Microsoft says the cost of "some" new first-party games will go up to $79.99 USD (about $110 CAD) by the holidays. The price of Xbox Game Pass ($22.99/month for the highest Ultimate tier) will remain the same.Here is all the new Canadian pricing of Xbox consoles and accessories:ConsolesXbox Series S (512GB) — $449.99 (previously $379.99)Xbox Series S (1TB) — $529.99 (previously $449.99)Xbox Series X (1TB) — $729.99 (previously $649.99)Xbox Series X Digital (1TB) — $679.99 (previously $599.99)Xbox Series X (2TB Galaxy Black Special Edition) — $879.99 (previously $799.99)AccessoriesXbox Wireless Controller — $84.99 (previous...

Economics

4 d. ago Here's how the price of eggs compares in Canada versus elsewhere in the world

For many Canadians, eggs are staple items on their grocery list — but how do egg prices in Canada compare to those in other countries?We have conducted several grocery comparisons across different countries, looking at the cost of food in Canada versus places like Italy, Malaysia, the Philippines, and Australia. However, rather than comparing the prices of various grocery items, we're focusing specifically on this versatile source of protein.In 2024, we tracked the price of eggs in different countries. In Canada that year, a carton of one dozen large eggs from Great Value costed $3.97 CAD at Walmart, while free-range eggs costed $7.04 CAD. A dozen free-run eggs by GoldEgg were being sold for $7.04 CAD.But those prices have since changed.This year, the price of a dozen large eggs from Great Value has dropped by five cents to $3.93 CAD, while the price of GoldEgg free-run eggs has increased by four cents to $7.08 CAD.Walmart CanadaTo compare the pric...

Economics

7 d. ago Tesla has raised its prices in Canada again by as much as $30k

Tesla has raised prices for nearly all of its vehicles in Canada by tens of thousands of dollars, and has started promoting a limited inventory of vehicles with pre-tariff pricing available "while supplies last."As spotted by Tesla North, prices have increased by over 20 per cent, with some vehicles costing as much as $30,000 more than before. Here's a breakdown of the new pricing:Tesla Model 3Model 3 Long Range All-Wheel Drive – now starts at $79,990 (an $11,000 increase).Model 3 Performance – now starts at $89,990 ($10,000 increase).Model 3 Rear-Wheel Drive – no longer available (previously $55,990).Tesla Model YModel Y Long Range – now starts at $84,990 (a $15,000 increase).Tesla Model SModel S – starts at $133,990 (a $19,000 increase).Model S Plaid – starts at $154,990 ($18,000 increase).Tesla Model XModel X All-Wheel Drive – starts at $140,990 (a $19,000 increase).Model X Plaid&...

Economics

7 d. ago Drillers in Canada Shift to Gas as Trade War Hammers Oil Prices

Drillers in Canada’s energy heartland of Alberta are shifting their focus to natural gas as the global trade war and an OPEC+ plan to increase output hammer crude prices.

Economics

1 week ago Loblaw lists grocery items that can see a price hike in Canada

The report mentions 'tariff' a dozen times, and includes an explanation of how 'stacking tariffs' could send some prices even higher

Economics

1 week ago Loblaws says groceries are about to get more expensive in Canada again

Shoppers can expect to see grocery prices continue to rise in Canada amid U.S. President Donald Trump's tariffs, according to a new report by Loblaw Companies Limited.The retailer, which owns major grocery chains like Loblaws, No Frills and Real Canadian Superstore, released its April food inflation report on Monday, following Statistics Canada's latest Consumer Price Index release last week.StatsCan reported that the country's inflation rate rose to 2.3 per cent in March, with food inflation spiking to 3.2 per cent.Loblaw says the 25 per cent tariffs slapped on Canada continue to challenge key sectors and lower consumer confidence.When the trade war between Canada and the U.S. began in March, the grocery giant told us that shoppers would not see an immediate impact on food prices."We expect a wide range of timing depending on the type of product, the current level of inventory, and the ability to find alternatives," said a Lo...

Other

2 w. ago Canada’s oilpatch set to pull ahead as falling prices put U.S. shale in ‘death zone’

Eric Nuttall says Canada has the ability to be 'one of the last men standing' in oil supply

Economics

2 w. ago Tariff turmoil means Canada’s housing market is ‘treading water at best’

The national average home price in Canada was $678,331 in March 2025, down 3.7 per cent from March 2024, the Canadian Real Estate Association said.

Economics

2 w. 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

2 w. 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

3 w. ago Air travel within Canada is expensive — what goes into that ticket price?

When buying a plane ticket, you're paying for more than just your seat — you're also paying for costs such as security, air traffic control and airport improvements.

Economics

3 w. ago Gas prices in Canada see one of the ‘biggest’ drops ever. What’s going on?

Prices at gas pumps across Canada have fallen significantly since the carbon tax was removed, but there is more to the story and it may be more bad news than good.

Economics

4 w. ago Trade War Ignites Inflation Expectations, Bank of Canada Says

Bank of Canada surveys show firms believe upward price pressures from the trade conflict with the US will exceed the downward pull from weaker demand, threatening to undo progress on keeping inflation expectations well-anchored.

Economics

4 w. ago Here's how Toronto grocery prices compare with the Philippines

Groceries can be expensive no matter where you are. So we decided to compare prices at Walmart Canada to those of a supermarket in the Philippines.One Manila resident shared photos during a recent shopping trip at Cash & Carry, a supermarket selling local and international products.Filipinos can shop at "wet markets," a popular non-supermarket setting where meat, chicken, seafood, vegetables, and fruit can be purchased for a lower price. However, to make the shopping experience more easily comparable, we looked at a regular supermarket in the Philippines and Walmart Canada in Toronto.We also calculated the product's approximate price per unit and used the C$1 to 40.46 Philippine pesos conversion rate. Here's how shopping in the Philippines compares.Fuji applesPhilippines: Fuji apple, 204 pesos/1 kg ($5.04)Canada: Fuji apple, $5.50/1 kgPotatoesPhilippines: Potatoes, 210 pesos/1 kg ($5.18)Canada: Russet potatoes, $3.20/1 kgOnionsPhilippines: White onions, 192 pesos/1 kg ($4.74)Can...

Economics

4 w. ago Canada’s energy industry faces ‘maelstrom’ of uncertain global economy

After a week of economic turmoil, Canada's energy industry – and the governments that rely on it for revenue – will be watching the markets closely in the coming days.

Other