47 h. 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

47 h. 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

65 h. 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

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

Stocks a key driver due to resilient equity markets

Economics

3 d. 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

2 w. ago Ontario resort town sees huge boom as Canadians turn to domestic vacation destinations

Domestic travel across Canada is booming, and Blue Mountain, one of Ontario's most-loved resort destinations, has become a top contender for country-wide travellers. So, if you're noticing your friends and coworkers swapping international flights for car rentals to go on a road trip, it's not a figment of your imagination.According to Statistics Canada, Canadians took 67.6 million trips within the country in the first quarter of 2025, a 2.2 per cent uptick compared to the same time last year.Instead of taking off overseas — goodbye cobblestone streets and beach resorts — more Canadians are opting to explore locations right in their backyard, and one Ontario destination in particular is seeing a spike in visitors: Blue Mountain.Blue Mountain has always been a popular go-to spot for skiers and snowboarders in the winter, but a report issued by Airbnb recently shows that an increased number of locals are flocking to it year-rou...

Other

2 w. ago Canadian economy contracts 1.6% in Q2 as tariffs hit, StatCan says

OTTAWA — The Canadian economy contracted in the second quarter under the weight of U.S. tariffs, Statistics Canada said Friday. Real gross domestic product declined 1.6 per cent on an annualized basis in the second quarter thanks to a sharp drop-off in exports and business investment. That’s down from annualized growth of two per cent […]

Economics