Category: Economy

Jul 12

Apple launches Vision Pro in Canada, but $5,000 price tag could make people ‘pause’

Breadcrumb Trail Links PMN PMN Business PMN Retail & Marketing PMN Technology Author of the article: The Canadian Press Tara Deschamps Published Jul 12, 2024  •  4 minute read Apple’s Vision Pro headset is expected to make its Canadian debut today. Bryan Chiang tries out an Apple Vision Pro headset during the first day of […]
Jul 11

Interest rate cut hasn’t led to rush of homebuyer demand yet: Royal LePage report

Article content TORONTO — Despite expectations of lower interest rates prompting homebuyers to leave the sidelines, a new report says the Bank of Canada’s quarter-point cut to its key interest rate last month did not lead to a rush in demand. The latest Royal LePage house price survey released Thursday, detailing market trends across Canada […]
Jul 10

Climate advocacy group calls out property insurers for fossil fuel support

Breadcrumb Trail Links PMN Energy PMN Business Author of the article: The Canadian Press Ian Bickis Published Jul 10, 2024  •  4 minute read A shareholder advocacy group is calling out Canada’s property insurers for their support of the fossil fuel industry while also raising premiums because of climate-related disasters. A wildfire rips through a […]
Jul 10

Airline regulator prods passenger to keep quiet on complaint rulings

Breadcrumb Trail Links PMN Business Author of the article: The Canadian Press Christopher Reynolds Published Jul 10, 2024  •  2 minute read The country’s airline regulator is pressuring passengers to stay silent about its rulings on their complaints, according to a consumer rights organization.People make their way through Pearson Airport in Mississauga, Ont. on Tuesday, […]
May 2

Macklem defends Bank of Canada’s two per cent inflation target at Senate committee

Breadcrumb Trail Links News Economy Banking Senators questioned whether Bank of Canada should just change its inflation target to give Canadians relief on high mortgage rates Get the latest from Barbara Shecter straight to your inbox Sign Up Published May 01, 2024  •  Last updated 1 hour ago  •  4 minute read Bank of Canada Governor […]
Mar 30

‘Toppy’ markets destined for correction

THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Exclusive articles from Barbara Shecter, Joe O’Connor, Gabriel Friedman, Victoria Wells and others. Daily content from Financial Times, the world’s leading global business publication. Unlimited online access to read articles from Financial Post, National Post […]
Mar 24

Business insolvency filings highest in years

THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Exclusive articles from Barbara Shecter, Joe O’Connor, Gabriel Friedman, Victoria Wells and others. Daily content from Financial Times, the world’s leading global business publication. Unlimited online access to read articles from Financial Post, National Post […]
Mar 8

‘Little to sway Bank of Canada to begin cutting rates’: Economists on the February jobs data

Breadcrumb Trail Links News Economy Wage growth still too high to bring inflation down Canada’s economy created 41,000 jobs in February, all of them full time, said Statistics Canada. Photo by Nathan Denette/The Canadian Press Article content The Canadian economy produced double the jobs forecasted by analysts, but the unemployment rate rose to 5.8 per […]
Mar 5

Bank of Canada rate cut risks igniting housing market

THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Exclusive articles from Barbara Shecter, Joe O’Connor, Gabriel Friedman, Victoria Wells and others. Daily content from Financial Times, the world’s leading global business publication. Unlimited online access to read articles from Financial Post, National Post […]