The Canadian Press

Canada’s inflation rate falls to lowest level since August 2021, hits 4.3% in March

Canada's annual inflation rate fell to 4.3 per cent in March as higher mortgage interest costs were offset by lower energy prices.

Federal workers to strike Wednesday if union, government don’t reach deal by Tuesday

The country's largest federal public service union says if a deal isn't reached with the federal government by 9 p.m. EDT on Tuesday, it will launch a strike the next day.

Average home price to end the year 4.8% lower than 2022, will rise 4.7% in 2024: CREA

The Canadian Real Estate Association expects the average price of a home to end the year 4.8 per cent lower than 2022, but says prices will rise by roughly the same amount in 2024.

Bank of Canada holds key interest rate at 4.5%, bumps up growth forecast for 2023

The Bank of Canada is once again holding its key interest rate steady at 4.5 per cent...

Members of public service union vote in favour of federal strike mandate

Members of the public service's largest union, which represents more than 120,000 federal workers, have voted in...

Cannabis company Tilray to buy rival Hexo in all-share deal

The arrangement will see Tilray issue 0.4352 shares of its stock for each outstanding Hexo share.

BoC expected to hold interest rate this week, even as economy keeps some steam

The Bank of Canada is expected to hold its key interest rate steady this week as inflation continues to slow, despite other data suggesting the economy is still running hot.

BoC surveys show businesses, consumers gear up for slowdown as economy softens

Businesses and consumers are expecting inflation to slow faster than they previously thought but as high interest rates weigh on the economy, they're also adjusting their finances to account for a slowdown.

Tourism shot up in 2022, but still far short of pre-pandemic levels: StatCan

Spending on tourism continued to grow last year as travellers returned to planes and patios, but it remained well below pre-pandemic levels, according to Statistics Canada.

Feds outline $83B in clean economy tax credits in bid to compete with U.S. incentive

Serious money is heading for Canadian industries looking to reduce emissions after the federal government unveiled its answer to the U.S. Inflation Reduction Act.

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