10 h. ago Edmonton home sales and inventory climb with spring temperatures

Spring has sprung in Edmonton’s real estate market with a flood of new listings cropping up over April. But consecutive months of strong sales and few listings continue to put upward pressure on prices in all categories. The Realtors Association of Edmonton’s (RAE) April housing update, released Friday, shows continued strong sales activity, increases in […]

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39 h. ago Looming Strike Points to Deep Seated Problems at YWCA Toronto

TORONTO — The workers who run the YWCA Toronto’s homeless shelters often leave work and go to food banks. Many of those who help families find stable housing live with the daily stress of how they’re going to afford their own rent. This simmering crisis of poverty and precarity among YWCA Toronto workers has led […]

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39 h. ago International airline hiring in Toronto will pay your rent but there's a catch

If you're looking to land a new job, lower your living costs and embark on a new adventure, an international airline currently in the midst of a hiring spree across Canada may just be your dream employer.Securing any sort of gig in Toronto is especially competitive right now, with the entire province's unemployment having climbed to a worrying high and slated to rise still — all while residents are feeling the crunch of exorbitant (and rising) prices for nearly everything.With this in mind, the unique work perks offered by Emirates, which is regularly rated as one of the world's top carriers, may be of particular interest to local candidates interested in taking their career to the skies.On top of the discounted travel, health insurance and other benefits that the standard airline extends to its staff, Emirates offers a tax-free salary by virtue of the brand being based in the UAE, an i...

Society

49 h. ago 1 in 3 Canadians say down payments are blocking homeownership

TORONTO and MONTREAL, May 06, 2025 (GLOBE NEWSWIRE) — As rent prices outpace inflation and wages lag, one-in-three (32%) Canadians say saving for a down payment is the biggest barrier keeping them out of the housing market, according to a new survey from CPA Canada and BDO Debt Solutions. Another 30 per cent of Canadians […]

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50 h. ago Russia Mulls Tightening Budget Rule Over Slumping Oil Prices

Russia is considering changing its key budget-building mechanism in response to sliding oil revenue, in a sign the Kremlin expects crude prices will remain lower for longer while the war in Ukraine continues to drain state coffers.

Economics

6 d. ago McDonald’s says sales keep falling as diners hit by high prices

McDonald's reports first-quarter sales declined more than expected globally, particularly in the United States as economic worries and high prices continue to pressure consumers.

Economics

1 week ago Rent prices in and around Toronto plummet for yet another month

Tenants in and around Toronto have been benefiting from lower housing costs so far this year as the city's real estate market endures the impacts of tough and uncertain economic times.Average rents across the GTA have plummeted to prices not seen in years, and the most recent figures from April show a continuation of the recent trend, with the price of a typical apartment in downtown Toronto, Etobicoke, Mississauga, North York and other areas falling further still.According to liv.rent, one of the platforms that collects such data nationwide each month, one-bedroom renters in the 6ix are now paying about $130 less for a home than they were this time last year, and $7 less than they were even last month, based on present rates.While Toronto remains generally known as one of the priciest places to live in Canada, it is not even listed in liv.rent's top five places in the country to rent right now, all of which are in ...

Economics

1 week ago Here's when Canadians can cash in on the next government payouts in May

Eligible Canadians can expect money from the government this month through various Government of Canada benefits and credits.According to Statistics Canada, the country's inflation rate rose to 2.3 per cent in March, slightly lower than the 2.6 per cent increase seen in February.Despite a slightly lower inflation rate, life in Canada remains expensive, and unemployment is rising.In March, the cost of housing increased by 3.9 per cent, while transportation costs rose by 1.2 per cent. Food purchased from stores continues to become more expensive, with prices increasing by 3.2 per cent.As the cost of living remains high, it's worth checking to see which government benefits you may qualify for. Ensure that your direct deposit is enabled, as you look forward to the following benefits, if you meet the criteria:Canada Child Benefit (CCB) — May 20Eligible families in Canada can expect their monthly Canada Child Benefit (CCB) payment on May 20. In July 2024, with the ...

Politics

2 w. ago International airline now hiring in Toronto and job offers come with free rent

An airline known for not only being one of the best in the world for customers but also for offering some of the most unique work perks for employees has been targeting Canadians with its latest hiring efforts. And it's now offering yet another opportunity for anyone interested in starting their career in air travel.Emirates has hosted multiple job fairs across our major cities in recent months, and has just announced an additional round of events to find the best candidates to fill its growing cabin crew team.While the company already boasts hundreds of staff from the Great White North, it is still ramping up recruitment with forthcoming open calls in Vancouver and Toronto, which follow past events in Vancouver, Toronto and Calgary in January and March.The first fair will take place at the Hilton Vancouver Metrotown in the west coast city on April 23. The second happens over the weekend, at Novotel Toronto Centre on Ap...

Society

2 w. 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 Chocolate prices remain elevated this Easter due to cocoa price spikes

This Easter, soaring cocoa prices will continue to have an effect on the price of chocolate, experts say — and consumers will likely be looking for deals to fill their baskets. Cocoa prices have risen significantly in the past couple of years as crops in key cocoa-growing countries have been hit hard by a number […]

Economics

3 w. ago OPINION: Homebuilding in Canada stalls despite population explosion

In many parts of Canada, the housing affordability crisis continues with no end in sight. And many Canadians priced out of the housing market or struggling to afford rent increases are left wondering how much longer this will continue.  Simply put, too few housing units are being built for the country’s rapidly growing population, which […]

Events

3 w. ago Toronto rent prices continue to fall and are the cheapest they've been in years

Though Toronto is still very far from being considered an affordable place to live, rent prices in the city have been on a consistent downward trajectory for many months now, and the latest figures from March 2025 are no different.By the end of 2024, the average cost of an apartment in the Big Smoke had plummeted to the cheapest level it had been in more than two years, which has now extended into a whopping 32-month low.New reports from listing platforms like Zumper and Rentals.ca show that though it's still far pricier to nab a place in the GTA than almost anywhere else in the country, tenants are being afforded more financial wiggle room than they have in previous years, with the monthly rent of all sizes of units ever-lowering while the real estate market falters.As of last month, the typical one-bedroom unit in the region has dropped to around $2,300, marking a small reduction both month-over-month and year-over-year (by 0.4 per cent and ...

Economics

3 w. ago U.S. egg prices continue to increase despite bird flu outbreak slowing

U.S. egg prices increased again last month to reach a new record-high of $6.23 despite a drop in wholesale prices and no egg farms having bird flu outbreaks. The increase reported Thursday in the Consumer Price Index means consumers and businesses that rely on eggs should not anticipate immediate relief. Demand for eggs is typically […]

Economics

4 w. ago Sierra Metals Reiterates Recommendation to Take No Action as Alpayana Amends Hostile Bid

None of the directors or officers of Sierra Metals have, or intend to, tender their Common Shares to the Hostile Bid Amended Hostile Bid indicates lack of success in persuading shareholders to tender their Common Shares to the initial offer price of C$0.85 per Common Share Amended Hostile Bid continues to undervalue Sierra Metals Board […]

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