The Canadian Press

Business leaders say housing biggest risk to economy: KPMG survey

Business leaders see the housing crisis as the biggest risk to the economy, a new survey from KPMG Canada shows.

CFIB says 200,000 small businesses took new loans to meet CEBA repayment deadline

CFIB president Dan Kelly says many businesses that had to borrow to repay their CEBA loans are facing high interest rates and will be challenged to meet their payment obligations.

Need to improve Canadian productivity has reached emergency level, BoC official says

A senior Bank of Canada official says the need to improve productivity has reached an emergency level as the economy faces a future where inflation may be more of a threat than in the past few decades.

Parkland puts 157 convenience store and fuel station locations up for sale, including Ultramar and Pioneer

Parkland Corp. is looking to sell 157 convenience store and fuel station locations across six provinces, including locations under the Chevron, Ultramar, Pioneer and FasGas brands as well as the On the Run convenience store banner.

Giant Tiger customer data compromised in incident with third-party vendor

Giant Tiger Stores Ltd. says contact information for some of its customers was compromised in an "incident" linked to a third-party vendor it uses.

BoC expects to cut interest rates this year, governing council split on timing: deliberations

The Bank of Canada expects it will be able to begin cutting interest rates sometime this year, but officials are split on timing.

‘Unambiguously good’: Inflation slows in February as price growth unexpectedly eases

Canada’s annual inflation rate unexpectedly fell to 2.8 per cent last month, amid sharp declines in cellular and internet services as well as slower grocery price growth.

National home sales in February up nearly 20% compared with year ago

The Canadian Real Estate Association says February home sales jumped 19.7 per cent compared with a year ago.

Economists expect inflation rate ticked up above 3% last month amid higher gas prices

Economists say inflation likely flared up again in February amid higher gasoline prices, reinforcing the expectation that the journey back to two per cent inflation will be a bumpy one.

As alcohol consumption declines, a St. Patrick’s Day with fewer raised glasses

The usual sight of green-clad revellers celebrating St. Patrick's Day is expected across Canada on Sunday — but compared with a decade ago, fewer of them will be indulging in alcohol.

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