1 week ago Deloitte forecast sees Canada avoiding technical recession this year

A new forecast by Deloitte Canada suggests the country will avoid a technical recession this year as the economy is expected to grow in the third quarter before posting stronger gains in 2026. Statistics Canada reported last month that real gross domestic product fell 1.6 per cent on an annualized basis in the second quarter […]

Other

1 week ago Statistics Canada says tourism spending up 0.9% in second quarter at $26.5B

OTTAWA — Statistics Canada says total tourism spending in the second quarter rose 0.9 per cent as an increase in domestic travel was offset in part by fewer visitors from the U.S. The agency says total tourism spending for the second quarter totalled $26.5 billion. The results come as Canadians have been opting to spend […]

Economics

2 w. ago TELUS Digital Named a Leader in Everest Group Customer Experience Management (CXM) PEAK Matrix® Assessment – Americas for the Seventh Consecutive Year

Report highlights TELUS Digital’s end-to-end CX transformation leadership, global talent, and service portfolio, recognizing its proprietary Fuel iX™ AI platform, Fine-Tune Studio dataset preparation platform, and Agentic AI Accelerator program VANCOUVER, British Columbia — TELUS Digital (NYSE and TSX: TIXT), a leading global technology company specializing in digital customer experiences (CX), today announced that it […]

Politics

3 w. ago Five key takeaways from the Bank of Canada’s rate cut decision

The Bank of Canada cut its benchmark interest rate by a quarter point on Wednesday, bringing it to 2.5 per cent after three straight holds. Governor Tiff Macklem said the central bank has shifted to worrying more about a slowing economy than high inflation. Here’s what we learned about the economy, inflation and more from […]

Other

3 w. ago Ryan Named to List of Best Workplaces™ for Giving Back in Canada for Seventh Consecutive Year

MISSISSAUGA, Ontario — Ryan, a leading global tax services and software provider, is pleased to announce the Firm has been named to the 2025 list of Best Workplaces™ for Giving Back in Canada for the seventh consecutive year. Ryan received this recognition after a thorough and independent analysis was conducted by Great Place To Work®. […]

Other

3 w. ago Trade dispute, consumer spending slowdown hurting small businesses: Equifax

A new report shows some small businesses across Canada are facing challenges as consumers cut back on spending and navigate a complicated trade landscape. Equifax Canada’s latest business credit trends report says more than 286,000 businesses missed at least one credit payment in the second quarter, up 5.6 per cent from a year ago. Jeff […]

Economics

3 w. ago McDonald: No place like home for Canadian tourists as U.S. suffers

Moira A. McDonald, Ann-Kathrin McLean Global attitudes towards the United States as a tourism destination are plunging. Travel pressures, exchange rate shifts and increasing economic uncertainty have all damaged the reputation of the American travel sector. Canadian travellers are increasingly turning to domestic destinations instead of heading south. In July, Canada recorded its seventh consecutive […]

Society

3 w. ago McDonald: No place like home for Canadian tourists as U.S. feels pinch

Moira A. McDonald, Ann-Kathrin McLean Global attitudes towards the United States as a tourism destination are plunging. Travel pressures, exchange rate shifts and increasing economic uncertainty have all damaged the reputation of the American travel sector. Canadian travellers are increasingly turning to domestic destinations instead of heading south. In July, Canada recorded its seventh consecutive […]

Society

3 w. ago Household net worth went up 1.5 per cent in the second quarter, its seventh consecutive rise

Financial assets increased 2.7% to reach a record high of $11.2 trillion,

Culture

3 w. ago Canadian households’ net worth rises for seventh straight quarter to $17.9 trillion

Stocks a key driver due to resilient equity markets

Economics

4 w. ago Summer promotions boost Roots sales but didn’t keep retailer from $4.4M net loss

TORONTO — A handful of summer promotions helped Roots Corp. achieve a 6.3 per cent jump in sales in its most recent quarter but wasn’t enough to deliver a profit to the retailer. The Toronto-based apparel maker said Wednesday its second-quarter net loss narrowed to $4.4 million compared with a $5.2-million loss a year earlier. […]

Economics