Economy holds steady The Canadian Press – Jun 30, 2023 / 6:27 am | Stories: 434570 Photo: The Canadian Press Statistics Canada says the Canadian economy remained essentially unchanged in April, following a slight uptick in March. The federal agency’s advance estimate suggests real gross domestic product grew 0.4 per cent in May, led by … Read More “Canadian economy steady in April as real GDP remains unchanged – Business News” »
CNN — Meta Platforms Inc plans to end access to news on Facebook and Instagram for all users in Canada once a parliament-approved legislation requiring internet giants to pay news publishers comes into effect, the company said on Thursday. The legislation, known as the Online News Act, was approved by the Senate upper chamber earlier … Read More “Facebook to end news access in Canada over incoming law on paying publishers” »
Canada’s real estate market continued to heat up in May with home sales posting their first year-over-year increase since June 2021 and the average price seeing its first year-over-year gain in a year. The findings released by the Canadian Real Estate Association on Thursday suggested a marked shift away from the sluggish sales and slumping … Read More “Real estate: May home sales, prices rise year-over-year” »
Tupperware says it may go out of business Tupperware may go out of business, the company warns 04:34 Tupperware is warning it may go out of business, just three years after the retro brand enjoyed a surprise surge from legions of pandemic shut-ins trying their hands at cooking. The Orlando-based company said it had “substantial … Read More “Tupperware stock plummets after warning it may go out of business” »
Breadcrumb Trail Links News Canada’s biggest city isn’t just expensive for homeowners. Renters’ costs have suffered 22% Published May 01, 2023 • Last updated 23 hours ago • 4 minute read Costs for Toronto homeowners have skyrocketed 58 per cent since last year. Photo by Ernest Doroszuk/Toronto Sun/Postmedia Article content Financial Post Top Stories Sign … Read More “Toronto homeowners’ cost of living costs almost 60%” »
Canada’s grocery business is controlled by large players and needs government assistance to encourage new entrants to bring down prices, a report from the Competition Bureau says. The report, published Tuesday, is the result of a probe that Canada’s top competition watchdog launched last year, when concern over food prices hit a fever pitch. The … Read More “Canada’s grocery business doesn’t have enough competition — and shoppers are paying the price, the report finds” »
Canada lost 17,000 jobs in May, pushing the unemployment rate up to 5.2 per cent, according to a Statistics Canada report released Friday morning. The decline is primarily driven by a 77,000 loss in jobs among youth aged 15 to 24. Meanwhile, employment increased by 63,000 among people aged 25 to 54. Men in this … Read More “Canada lost 17,000 jobs in May — mostly among young people” »
