The Canadian Press

Canadian households and the overall economy have proven surprisingly resilient in the face of rising interest rates, said senior economists from the big banks.

The housing market outlook from economist Rishi Sondhi attributes the prediction to the poorest affordability level since the late 80s and early 90s.

The tight labour market, combined with a changing workforce and stubborn inflation, might make this recession different from those that preceded it.

A new study on work-life balance says flexible schedules and shorter work weeks can lead to more productive, healthy and loyal workers.

That number has risen steadily over the last year and a half, from about 21 per cent of employees on the hunt for a new job in June 2021 to 28 per cent a year ago and 31 per cent six months ago.

Small business owners have a slightly better outlook on the year ahead than a month ago but their short-term outlook has worsened

Grocery prices climbed at a faster annual rate in November. The federal agency said prices rose 11.4 per cent annually, up from 11 per cent in October.

Retail spending in Canada showed early signs of a slowdown just as the holiday shopping season ramped up this fall, according to new figures.

As of today, companies can no longer produce or bring into Canada plastic checkout bags, cutlery, stir sticks, straws and takeout containers.

With the holiday season in full swing and "Dry January" around the corner, Canadians might find more non-alcoholic options on menus and store shelves.