26 h. 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

67 h. ago VW Brand Freezes US Prices Through May to Ease Tariff Concerns

Volkswagen AG’s namesake brand plans to keep prices flat in the US through next month, the latest automaker to try to keep customers coming to dealer lots after the Trump administration increased tariffs.

Economics

4 d. ago Scotia Place construction hits new milestone, remains on track despite tariff concerns

Officials say they are making 'great progress' on Calgary's new arena

Economics

7 d. ago US Consumer Sentiment Extends Plunge as Price Expectations Soar

US consumer sentiment tumbled the second-weakest reading on record while short- and long-term inflation expectations soared to multi-decade highs on growing tariff concerns.

Economics

1 week ago Thai Parliament Holds Urgent Debate as US Tariff Takes Effect

Thailand’s parliament held an urgent debate on the fallout of the 36% US levy on the country’s exports as lawmakers expressed concern about the long-term impact of the tariff on the trade-reliant nation’s economy.

Economics

1 week 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

2 w. ago Tariff Concerns Draw Horticulture Professionals to Town Hall

Industry leaders address supply chain risks, pricing pressures, and advocacy efforts as U.S.-Canada trade tensions escalate. Milton, ON, April 04, 2025 (GLOBE NEWSWIRE) — April 4, 2025—On April 2, More than 160 small business owners, staff, and partners in the ornamental horticulture industry attended a Town Hall meeting on U.S.-Canada tariffs.  This timely session, hosted […]

Economics

2 w. ago Faced with Trump’s new tariff, French wine producers expect rough times ahead

CHABLIS, France (AP) — France’s wine producers are deeply concerned that the 20% tariff slapped by President Donald Trump will deal a severe blow to the sector that relies on the U.S. as its top market. French President Emmanuel Macron on Thursday warned of “massive” impact as he met with representatives of the most affected […]

Economics

2 w. ago Amid tariff uncertainty, B.C. logistics firm says calls are up 500% from concerned companies

The reciprocal tariffs will be in addition to the sweeping 25 per cent tariffs placed on Canada and Mexico at the start of March and the 25 per cent steel and aluminum tariffs.

Economics

2 w. ago Traders Brace for More Volatility Ahead of Tariffs: Markets Wrap

Global stocks were poised to endure another rocky session on Tuesday as concerns around President Donald Trump’s looming tariff rollout continue to whipsaw markets.

Economics

3 w. ago Market Rout Starts With Big Tech as Tariff, Inflation Fears Hit

US stocks buckled again Friday as risk assets were pummeled by everything from renewed tariff concerns to signs that inflation remains sticky while consumer spending wobbles.

Economics

3 w. ago European Stocks Drop as Trump’s New Tariff Hits Carmaker Shares

European stocks fell after US President Donald Trump announced a 25% tariff on auto imports, renewing concerns that his trade policy will hurt corporate earnings and the economy.

Economics

3 w. ago Ishiba Plans ‘Powerful’ Inflation Measures Ahead of Election

Japanese Prime Minister Shigeru Ishiba is planning “powerful” measures to ease the impact on consumers coming from price hikes, according to local media reports.

Economics

3 w. ago India Set to Maintain Sugar Export Quota as Supplies Comfortable

India plans to maintain its one-million-ton sugar export quota for the current season, according to a person familiar with the matter, easing worries about possible supply restrictions that lifted global prices last week.

Economics

4 w. ago The salary you need to buy a home in Toronto keeps on rising despite slow sales

Toronto's real estate market truly is one-of-a-kind in its ability to be simultaneously in desperate need of more housing stock yet somehow overrun with homes for sale, and persistently pricey despite far fewer people actually buying than in the city's bidding war glory days.As realtors continue to report the same abysmal sales numbers we've been seeing for months now, prices have only eased ever-so-slightly, and in the case of some housing types in some areas of the GTA — detached houses and townhomes in the 416, specifically — are even still rising.Even taking the struggling condo segment into account, given present market conditions, interest rates and price points, the amount you would need to earn per year to afford the typical home in the city is increasing.According to a new report from Ratesdotca, the widening gap between the average income of a family in the 6ix and the average income required...

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