5 d. ago Canada Royal Milk donates formula to Daily Bread Food Bank to support over 200 food programs across Toronto

KINGSTON, Ontario, June 30, 2025 (GLOBE NEWSWIRE) — Canada Royal Milk today announced the donation of 2,500 cans of Niuriss toddler formula to Daily Bread Food Bank, a non-profit organization that distributes fresh and shelf-stable food to over 200 food programs across Toronto. Since launching its Niuriss brand of infant and toddler formula, Canada Royal […]

Other

7 d. ago Shrinking GDP may not be enough for the Bank of Canada to start cutting rates again

Economists weigh in on what the latest data means for Canadians

Culture

9 d. ago Customers in Canada Increasingly Turning to Retail Banks for Advice, J.D. Power Finds

RBC Ranks Highest in Retail Banking Advice Satisfaction TORONTO — The financial health of bank customers in Canada—who are pressured by inflation, the rising cost of living and growing personal debt—has been worsening during the past few years. Currently, more than 44% of bank customers are considered financially vulnerable,1 a jump from 36% five years […]

Economics

9 d. ago Canada evacuates 7 citizens from Israel, West Bank as most find way out

OTTAWA — Global Affairs Canada says it brought just seven Canadians out of Israel and the West Bank to Jordan on buses offered Wednesday. Ottawa started offering evacuations from both regions later than some of its allies, and has taken note of low uptick from Canadians. A chartered flight from Jordan left Tuesday for Athens […]

Events

1 week ago Economists split on what inflation numbers mean for Bank of Canada rate cut

Policymakers have their attention on inflation and the possibility that tariffs could cause another spike

Economics

1 week ago EQB Inc. says chief executive Andrew Moor died unexpectedly, interim leader named

TORONTO — Andrew Moor, the chief executive of Canada’s seventh-largest bank, died unexpectedly over the weekend, said EQB Inc. Tuesday as it named an interim leader. “Andrew’s death is a tragic loss to all of us at EQB and to everyone who had the pleasure of knowing him,” said Vincenza Sera, chair of the board, […]

Politics

1 week ago EQB Inc. says CEO Andrew Moor died unexpectedly over the weekend

Andrew Moor, the chief executive of Canada’s seventh-largest bank, died unexpectedly over the weekend, said EQB Inc. Tuesday as it named an interim leader.  “Andrew’s death is a tragic loss to all of us at EQB and to everyone who had the pleasure of knowing him,” said Vincenza Sera, chair of the board, in a […]

Events

1 week ago Inflation in May stayed steady at 1.7%, Statistics Canada says

Statistics Canada reports headline inflation was 1.7 per cent in May, with the figures the first of two reports the Bank of Canada will see before its next interest rate decision.

Economics

1 week ago Uncertainty reigns as trade tensions, tax shifts cloud Bank of Canada’s inflation outlook

Canada's latest inflation report will help determine whether the Bank of Canada moves ahead with an interest rate cut

Economics

1 week ago Bank of Canada hoping for better look at ’complicated’ inflation picture

OTTAWA — The Bank of Canada will get a fresh look at national inflation figures this week — a picture that’s been particularly murky as of late amid tax changes and trade wars. Statistics Canada is expected to publish its consumer price index for May on Tuesday. Financial data shows the consensus among economists is […]

Economics

2 w. ago ‘Grisly’ May retail sales drop of 1.1% could point to Bank of Canada restarting rate cuts

Here's what economists think the numbers mean for the economy

Culture

2 w. ago Rental housing supply falls well short of actual demand in Canada

National Bank of Canada predicts a catch-up in rental supply is underway.

Other

2 w. ago Bank of Canada governor says potential trade and security deal with U.S. is ‘welcome news’

Restoring open trade between the two countries is critical to jobs and growth in Canada

Politics

2 w. ago Bank of Canada governor warns consumer prices will rise if tariffs not lifted

Potential trade deal with U.S. 'critical' to jobs and growth, says Tiff Macklem

Economics

2 w. ago Diversifying trade key to building ‘resilience’ against U.S. tariffs: Macklem

OTTAWA — Bank of Canada governor Tiff Macklem is encouraging businesses to explore export markets beyond the United States to make the economy less vulnerable to current and future trade disputes. Macklem, speaking to a business crowd in St. John’s, N.L., on Wednesday, said it was “very welcome news” that Prime Minister Mark Carney and […]

Economics

2 w. ago Macklem Warns of Firmer Inflation, Uncertainty About Impact of Tariffs

Bank of Canada Governor Tiff Macklem reiterated that he sees inflation running hotter than expected, while saying employment appears to be holding up outside of trade-intensive sectors.

Economics

2 w. ago Canadian families with kids will get money from the government this week

The final Canada Child Benefit payments are scheduled to be deposited into bank accounts this Friday, ahead of an increase in July.Eligible families can expect to receive Canada Child Benefit (CCB) payments on June 20. This month's payment will be the last one before the scheduled increase in July, which marks the beginning of the new benefit year.The last time the federal government increased the child tax benefit was in July 2024 when payments went up by 4.7 per cent. As a result of the increase, the maximum payment for children under six increased by $350, from $7,437 to $7,787. For children aged six to 17, payments increased by $295, from $6,275 to $6,570.To help parents with the rising cost of living, Ottawa has been using a process called indexation to increase the benefit amounts since 2018.An Employment and Social Development Canada (ESDC) spokesperson explained that, due to the indexation process, tax child benefit payments, as well as income thresholds, increase every ...

Politics

2 w. ago Bank of Canada says recent rate hold was due to ‘unpredictable’ economy

The Bank of Canada released a summary from its most recent meeting, in which its members decided to leave interest rates unchanged given the 'uncertain' economic outlook.

Other

2 w. ago Bank of Canada’s future path for interest rates still cloudy

Central bank's deliberations show hotter inflation played role in interest rate hold

Other

2 w. ago Canada relocates some Israeli embassy staff as Iran conflict flares

As of Monday, over 80,000 registered Canadians are in the Middle East, including over 3,500 in Iran and over 6,700 in Israel, the West Bank and Gaza, Global Affairs Canada said.

Events