Browsing: Business

TORONTO: Canadians now say they need about C$1.7 million to retire comfortably, while a growing share doubt they will reach that mark, according to Bank of Montreal’s latest annual retirement survey released Feb. 24. The survey put the average retirement

Read More

VICTORIA: British Columbia’s government raised personal income taxes and widened the provincial sales tax base in its 2026 budget, pairing the measures with a multi year fiscal plan that projects larger deficits and rising debt as spending pressures and borrowing

Read More

MEXICO CITY: Canadian and Mexican officials held trade-focused meetings in Mexico City this week alongside one of Canada’s largest business delegations to Mexico in decades, as companies and industry groups seek to deepen commercial ties across North America. The visit

Read More

VAUGHAN: Canadian Prime Minister Mark Carney on Feb. 5 unveiled a new national automotive strategy in Vaughan, saying Canada will “build the cars of the future and sell them to the world” as the industry shifts toward lower-emission vehicles, advanced

Read More

OTTAWA: Canada’s federal government has moved to delay the start of its Electric Vehicle Availability Standard by waiving 2026 model year vehicles from the program and launching a review of the rule, as officials prepared to brief reporters on a

Read More

TORONTO: Economist David Rosenberg of Rosenberg Research has warned that Canada’s economy is “on life support” and that the country is on “recession watch,” as recent official data shows growth losing momentum late in 2025 despite lower interest rates. Statistics

Read More

OTTAWA: Canada’s manufacturing sector returned to growth in January as a key gauge of factory activity moved above the 50-mark that separates expansion from contraction, ending roughly a year of subdued conditions. The S&P Global Canada Manufacturing Purchasing Managers’ Index

Read More

OTTAWA: Coffee prices in Canada climbed 30.8% in December 2025 from a year earlier, one of the steepest increases across common grocery items, according to Statistics Canada’s Consumer Price Index. The rise widened a gap between coffee and broader consumer

Read More