cost of living

Trudeau says U.S. tariffs on Canada will be paused for 30 days

Trudeau says U.S. tariffs on Canada will be paused for 30 days

Feb 3, 2025 | 4:18pm
U.S. President Donald Trump agreed Monday not to impose tariffs on Canada and Mexico for another month, pulling back from a plan that would have tipped North America into a trade war on Tuesday. Prime Minister Justin Trudeau spoke with Trump twice on Monday, their first discussions since the president took over the White House […]
Mexican president says she’s cut a deal with Trump to delay tariffs by a month

Mexican president says she’s cut a deal with Trump to delay tariffs by a month

Feb 3, 2025 | 10:07am
WASHINGTON (AP) — Mexican President Claudia Sheinbaum said Monday that after a conversation with U.S. President Donald Trump that the planned tariffs are on hold for a month, a statement confirmed by the White House. “Mexico will reinforce the northern border with 10,000 members of the National Guard immediately, to stop drug trafficking from Mexico […]
“FlashFood” App is saving shoppers money, and decreasing food waste

“FlashFood” App is saving shoppers money, and decreasing food waste

Jan 31, 2025 | 12:47pm
REGINA–Food waste is a big problem. Some 46 percent of food produced in Canada, ends up in a landfill instead of someone’s stomach. Mostly, its food that has passed its “best before date” and wasn’t sold. Working with grocery giant Loblaw’s, the app “FlashFood” is a way for people to get big discounts on food, […]
Bank of Canada cuts key rate by quarter point to 3% as tariffs threat loom

Bank of Canada cuts key rate by quarter point to 3% as tariffs threat loom

Jan 29, 2025 | 8:59am
The Bank of Canada delivered another interest rate cut today, reducing its policy rate by a quarter-percentage point to three per cent. It’s the central bank’s sixth straight cut since June, with inflation sitting around two per cent. It says the cuts are having an impact, with lower interest rates boosting household spending and the […]
Inflation ticks lower to 1.8% in December, thanks in part to GST tax break

Inflation ticks lower to 1.8% in December, thanks in part to GST tax break

Jan 21, 2025 | 10:45am
Canada’s annual inflation rate fell to 1.8 per cent in December, thanks in large part to the federal government’s temporary tax break. Statistics Canada’s consumer price index report on Tuesday said restaurant food purchases, and alcohol bought from stores contributed the most to the deceleration. The federal government introduced a temporary pause on taxes to those items […]
Statistics Canada reports real GDP grew 0.3 per cent in October

Statistics Canada reports real GDP grew 0.3 per cent in October

Dec 23, 2024 | 9:20am
Statistics Canada says the economy grew 0.3 per cent in October, helped by strength in the mining, quarrying, and oil and gas extraction sector, following a 0.2 per cent increase in September. The agency says the growth came as services-producing industries grew 0.1 per cent for the month, marking the fifth straight month of increases.  […]
Fall fiscal update to grapple with Trump presidency, expected to show larger deficit

Fall fiscal update to grapple with Trump presidency, expected to show larger deficit

Dec 15, 2024 | 8:12am
The Liberals’ fall economic statement Monday is expected to show a larger-than-promised deficit and offer details on how the government will tackle the threat of U.S. tariffs ahead of Donald Trump’s inauguration in the new year. A senior government official said the fiscal update will include measures to incentivize business investment in Canada. The source, […]
Canadians to spend $801 more on food in 2025 as climate, Trump affect prices: report

Canadians to spend $801 more on food in 2025 as climate, Trump affect prices: report

Dec 5, 2024 | 6:57am
Food prices in Canada are likely to increase by three to five per cent next year, according to a newly released report, but wild cards like climate change and Donald Trump could have unforeseen impacts. That’s the conclusion of the 15th annual food price report released Thursday by a partnership that includes researchers at Dalhousie […]
CTF calls for multi-party carbon tax fight in court

CTF calls for multi-party carbon tax fight in court

Oct 8, 2024 | 8:23am
SASKATOON — The Canadian Taxpayers Federation is calling on both Sask Party leader Scott Moe and NDP leader Carla Beck to commit to join the government of New Brunswick’s legal challenge against the federal carbon tax. “Both Moe and Beck rightly oppose the federal carbon tax, but they need to take the next step and commit to […]

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