1 week ago Vast majority of Canadians now say they are living 'paycheque to paycheque'

Struggling financially due to the cost of living? You're not alone. A new survey shows most Canadians feel like they're only just covering their living costs.A new H&R Block Canada survey on how much money Canadians save shows that they're increasingly worried about not putting enough away for a rainy day. As a rule of thumb, 20 per cent of people's paycheques should go towards savings. However, on average, participants said they only manage to put away 7 per cent of their earnings.That's because the majority of participants said that they feel like living paycheque to paycheque is the "new reality.""When thinking about the prevailing culture of saving in Canada, a whopping 85 per cent feel that living paycheque to paycheque is the new norm," reads the survey. "This is up from 60 per cent who said they felt that way in a similar H&R Block study from 2024."It's hardly surprising, given that one in 10 Canadians say that what they earn isn't enough to cover living costs. Overal...

Politics

1 week ago Customers relieved, for now, as gas prices fall at B.C. pumps after death of the carbon tax

Several drivers at one Vancouver gas station commented on the run-up in price prior to the elimination of the carbon tax

Economics

1 week ago Gas prices drop as consumer carbon price ends, but full impact yet to be felt

CALGARY — Gasoline prices are coming down in Canada as the consumer carbon charge drops to zilch from 17.6 cents per litre, but motorists had yet to feel the full impact of the change on Tuesday. “The pace is going to vary province to province, city to city, station to station,” said Patrick De Haan, […]

Economics

1 week ago The last carbon rebate is coming. How much will Canadians get?

Canadians in eight provinces will receive the last carbon rebate later this month as the federal consumer carbon price comes to an end Tuesday.

Transport

1 week ago ‘Fairly big’: Ontario gas prices drop as Ottawa ends consumer carbon price

Tuesday marked the end of Ottawa’s consumer fuel charge after Mark Carney signed an order-in-council to remove it when he was sworn in as prime minister last month.

Economics

2 w. ago Drivers can expect gas price to drop 17 cents, B.C. NDP says as end of consumer carbon tax hastened

Premier David Eby, who successfully sought accelerated consideration to pass the legislation in one day, also warned gas companies against price gouging

Economics

2 w. ago Consumer carbon price ends April 1. Your savings could be ‘significant’

The consumer carbon price will end on April 1, with some industry analysts estimating Canadians could see between 15 and 17 cents per litre in savings on gas.

Economics

2 w. ago 'Hard to survive': Calgary drivers hopeful for carbon tax savings following latest gas price spike

Prime Minister Mark Carney killed the consumer carbon levy as one of his first acts upon taking office earlier this month

Economics

2 w. ago Maritimes can expect big relief at the pump next week, but how long will it last?

Maritimers can expect relief at the pump starting next week, as the consumer carbon price is scheduled to be removed on April 1. 

Other

2 w. ago Metro Vancouver gas prices jump days before B.C. axes consumer carbon price

The cost of regular gasoline climbed to over $1.80 per litre in many areas -- just days after the province confirmed it would scrap the consumer carbon price next week. 

Economics

2 w. ago B.C. tabling legislation to kill consumer carbon price for April 1

British Columbia's government says it will table legislation on Monday that eliminates the consumer carbon tax in the province.

Economics

3 w. ago Here's how the end of carbon tax in Canada will affect your everyday expenses

With the carbon tax set to be scrapped next month, Canadians may be wondering exactly how much this will affect gas and food prices in Canada.According to an analysis from Desjardins Economics released on Tuesday, Canadians can expect a drop in prices at the pump immediately, but it may take a while for their grocery bills to go down.The report comes after Prime Minister Mark Carney announced that the federal government would be axing the consumer carbon tax in Canada as of April 1. The final Canada Carbon Rebate (CCR) will still be issued that month, but you'll need to get your affairs in order to cash in.Desjardins predicts that inflation will be about 0.7 per cent lower in April 2025 than it would have been if the carbon tax stayed.More specifically, the report suggests that removing the price of pollution will drop gas prices by about $0.18 per litre on April 1 in provinces where the fuel charge is applied.In comparison, the carbon tax in Canada was...

Economics

3 w. ago Consumers could find ’meaningful savings’ as carbon tax ends: Desjardins

Motorists in provinces using federal carbon pricing should notice a drop of almost 18 cents per litre

Economics

3 w. ago Consumers could find ’meaningful savings’ as carbon price ends: Desjardins

OTTAWA — Canadians can expect to feel the absence of the consumer carbon price at the pumps immediately but it may take longer to notice a difference in the price of other goods, a new report released Wednesday suggests. The analysis by Desjardins Economics comes less than a week after Prime Minister Mark Carney and […]

Economics

3 w. ago B.C. is killing its consumer carbon tax: What does that mean for you?

Killing part of the 17-year-old tax will save residents money at the gas pump and home heating bill but it's going to leave a big hole in the B.C. government's budget

Economics

4 w. ago B.C.’s consumer carbon price is dying. How will the province make up the revenue?

The B.C. government faces a $1.8-billion hole in its budget with the end of the consumer carbon tax, but experts say new opportunities may help balance the challenges.

Economics

4 w. ago Will axing the consumer carbon price save you money? Where you may feel it

Prime Minister Mark Carney said Friday he was ending the consumer carbon price, touting the move as helping “hard-pressed Canadians.”

Economics

4 w. ago Conservatives will repeal carbon price law, including industrial charge: Poilievre

OTTAWA — Conservative Leader Pierre Poilievre says that he will repeal the entire carbon price law if elected, including on businesses and the industrial charge. On Friday, Prime Minister Mark Carney began the process to end the consumer carbon price on things like gasoline. The order-in-council says the fee will be removed after March 31. […]

Economics

4 w. ago Edmonton to end curbside collection of Christmas trees next holiday season

Edmonton households that celebrate the holidays with a natural Christmas tree will have to dispose of it themselves next winter. Citing dwindling numbers and a need to save money, the City of Edmonton has decided to end its curbside pickup service of the holiday pines. “Christmas tree collection is done separately from regular curbside collection, […]

Society

4 w. ago Poilievre vows to repeal entire carbon price law, including for industries

Poilievre made the announcement after Prime Minister Mark Carney began the process to end the consumer carbon price on things like gasoline. 

Economics