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.
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.
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.
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.
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.
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.