Category: Money

A Costco executive says the retailer is open to supporting Canada’s long-planned grocery code of conduct, but it does not have enough details to make a decision yet. The grocery code of conduct, which has been in development since 2021, is at an impasse as both Loblaw and Walmart have so far refused to sign […]

Cuts to interest rates in Canada may lead to better housing supply, Housing Minister Sean Fraser suggests. Fraser told reporters in Ottawa on Tuesday that based on conversations he’s had with housing developers, his feeling is that stalled projects will begin to move forward if that happens. “Don’t ignore the impact that interest rates have […]

Descrease article font size Increase article font size Canada’s Shopify topped Wall Street estimates for fourth-quarter revenue and profit on Tuesday, riding on demand for its ecommerce services from merchants during the holiday shopping season. However, the company’s U.S.-listed shares, which had more than doubled last year, fell more than nine per cent as of […]

Restaurant Brands International beat Wall Street estimates for quarterly results on Tuesday, lifted by signs of a turnaround at its Burger King business and robust demand at coffee chain Tim Hortons. U.S.-listed shares of the company, however, fell 6% in early trading as the international business took a hit from the Israel-Hamas war, as well […]

Consumer inflation in the United States cooled last month yet remained elevated in the latest sign that the pandemic-fueled price surge is only gradually and fitfully coming under control. Tuesday’s report from the Labor Department showed that the consumer price index rose 0.3% from December to January, up from a 0.2% increase the previous month. […]

Bitcoin BTC= hit the $50,000 level for the first time in more than two years as the world’s largest cryptocurrency was buoyed by expectations of interest rate cuts later this year and last month’s regulatory nod for U.S. exchange-traded funds designed to track its price. The cryptocurrency has risen 16.3 per cent so far this […]

On the outskirts of Barrie, Ont., sunlight washes over the outcast cucumber and parsley stacked on skids at Eat Impact’s warehouse. Workers at the online grocer sort and pack containers with these rejects and misfits — tentacled carrots, scarred bananas, bulbous potatoes — for home deliveries across southern Ontario. “The goal is helping people eat […]

Valentine’s Day is just around the corner, but recent data shows that for many Canadian couples, the rising cost of living is leading to conflict instead of romance. A report from BMO’s Real Financial Progress Index released Thursday found that about one-third of Canadian couples (32 per cent) say money is often a source of […]

Quebec’s tourism minister says demolishing Montreal’s Olympic Stadium would cost $2 billion, but that estimate is raising questions because other North American cities have torn down stadiums for hundreds of millions of dollars less. Caroline Proulx released the estimate earlier this week as she presented a comparatively cheaper plan to spend $870 million to replace […]

With the contribution deadline for the registered retirement savings plan (RRSP) approaching, Canadians have more choices than ever for where they want to sock away their savings to get a lift on their tax returns. While prospective homeowners may be weighing the pros and cons of an RRSP over tax-deductible contributions to the relatively new […]