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'Definitely busier': Retailers, restaurants see spending boost amid tax holiday

'Definitely busier': Retailers, restaurants see spending boost amid tax holiday

Almost a week into the GST holiday, retailers and restaurant owners appear on track for a sales boost despite some of the struggles they faced implementing the temporary break.
Home affordability improves, but still challenging for many Canadians: RСÀ¶ÊÓÆµ report

Home affordability improves, but still challenging for many Canadians: RСÀ¶ÊÓÆµ report

TORONTO — Home affordability in Canada is improving, according to a new RСÀ¶ÊÓÆµ Economics report, but strains remain. The report, released Friday, said home ownership costs in Canada have eased for three consecutive quarters.
Former СÀ¶ÊÓÆµ premier Glen Clark has been appointed as the new СÀ¶ÊÓÆµ Hydro chair

Former СÀ¶ÊÓÆµ premier Glen Clark has been appointed as the new СÀ¶ÊÓÆµ Hydro chair

VICTORIA — Former СÀ¶ÊÓÆµ premier Glen Clark is returning to the public eye, two years after leaving his high-profile position as president of Jim Pattison Group.
Federal government posts $14.5-billion deficit for April-to-October period

Federal government posts $14.5-billion deficit for April-to-October period

OTTAWA — The Finance Department says the federal deficit was $14.5 billion between April and October. That compares to a $15.1 billion deficit over the same period last year. According to the monthly fiscal monitor, revenues were up $26.
Canadian retail sales up 0.6% in October, buoyed by vehicle purchases

Canadian retail sales up 0.6% in October, buoyed by vehicle purchases

OTTAWA — Retail sales rose 0.6 per cent to $67.6 billion in October, led by increases in vehicle sales, said Statistics Canada on Friday.
Insolvency wave hit СÀ¶ÊÓÆµ firms hard in 2024 amid economic squeeze

Insolvency wave hit СÀ¶ÊÓÆµ firms hard in 2024 amid economic squeeze

Inflation, elevated interest rates, market disruptions drove business failures in key sectors
СÀ¶ÊÓÆµ small business confidence among lowest in Canada, says report

СÀ¶ÊÓÆµ small business confidence among lowest in Canada, says report

Provincial levies, payroll requirements and crime among reasons for bleak outlooks
MPs Bendayan, Duguid, Fisher to join Trudeau cabinet in shuffle Friday

MPs Bendayan, Duguid, Fisher to join Trudeau cabinet in shuffle Friday

OTTAWA — Prime Minister Justin Trudeau is set to add multiple new names to his cabinet Friday when he shuffles his team days after Chrystia Freeland rattled the party and the government with her sudden resignation as finance minister.
Landslide on tracks stops Amtrak passenger runs between Seattle and Vancouver

Landslide on tracks stops Amtrak passenger runs between Seattle and Vancouver

WHITE ROCK, СÀ¶ÊÓÆµ — A landslide that blocked railway tracks has stopped Amtrak passenger service between Vancouver and Seattle. Amtrak says in a statement Thursday that the landslide near White Rock, СÀ¶ÊÓÆµ
U.S. tariffs potentially devastating for Canadian businesses: CME poll

U.S. tariffs potentially devastating for Canadian businesses: CME poll

OTTAWA — The tariffs threatened by U.S. president-elect Donald Trump could be potentially devastating for Canadian businesses and workers, said a new survey by lobby group Canadian Manufacturers and Exporters.