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business
'Median family after-tax income in 2022 down after inflation"
OTTAWA - Statistics Canada says the median family after-tax income in 2022 fell compared with 2021, after adjusted for inflation, with young people being the hardest hit. The agency says the median fa...
The Canadian Press
Aug 19, 2024
Statistics Canada says lone-parent families in which the parent was under 25 saw the largest decrease, falling 15.1 per cent in constant dollars to $24,690 in 2022. (The Canadian Press)
Sectors that earned most corporate capital gains created no jobs over 5 years: report
OTTAWA - Two sectors were responsible for the majority of corporate capital gains earned in Canada over five years but added no new jobs over that time span, a new study found. The Centre for Future W...
The Canadian Press
Aug 19, 2024
Cleanup underway after Montreal water main break floods streets and homes
MONTREAL - A Montreal city spokesman warns it will be weeks before repairs can be completed on a major water main that broke near the Jacques Cartier Bridge on Friday, flooding dozens of buildings and...
The Canadian Press
Aug 17, 2024
Yukon minister says there's still 'hope' for gold mining to continue at disaster site
WHITEHORSE - The Yukon government hopes mining can eventually restart at the site of the Eagle Gold mine disaster, despite calls from the Na-Cho Nyak Dun First Nation to halt mining activity on its tr...
The Canadian Press
Aug 16, 2024
Broke and broken: Report says Canada's public transit in critical funding state
OTTAWA - A new analysis warns that Canada's major cities are struggling to keep their transit systems running, and says public transit is heading for a "downward spiral" unless major new streams of op...
The Canadian Press
Aug 16, 2024
CBSA to use facial recognition app for people facing deportation
OTTAWA - The Canada Border Services Agency plans to implement an app that uses facial recognition technology to keep track of people who have been ordered to be deported from the country. The mobile r...
The Canadian Press
Aug 16, 2024
Tenant advocate decries ruling that let B.C. landlord hike rent 27% after rates rose
VANCOUVER - Lawyer Rob Patterson says the phones at B.C.'s Tenant Resource and Advisory Centre never stop ringing - but he worries a decision allowing a landlord to impose a 27 per cent rent increase ...
The Canadian Press
Aug 15, 2024
Harris zeroes in on high food and housing prices as inflation plays a big role in the campaign
WASHINGTON (AP) - Vice President Kamala Harris is zeroing in on high food and housing prices as her campaign previews an economic policy speech Friday in North Carolina, promising to push for a federa...
The Canadian Press
Aug 15, 2024
Statistics Canada reports wholesale sales down 0.6% in June
OTTAWA - Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, fell 0.6 per cent to $82.4 billion in June. The agency...
The Canadian Press
Aug 15, 2024
'Long haul': Sense of community key as Jasper rebuilds, former Slave Lake mayor says
The former mayor of a northern Alberta town ravaged by wildfire more than a decade ago says community ties will be key as Jasper, Alta., recovers from the blaze that swept through last month. Wildfire...
The Canadian Press
Aug 15, 2024
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