The Canadian Press

The association found the number of homes sold dropped by 25.7 per cent to 54,894 last month from 73,907 in April 2021, when the country set a record for the month.

The Terry Fox statue across from Parliament Hill will need to be moved to make way for a new building to house MPs and senators, committee rooms and an Indigenous Peoples' space.

Restaurants across the country are reducing hours and condensing menus as persistent staff shortages and spiking costs threaten to derail the industry's comeback from crushing pandemic restrictions.

World travel expert says businesses can finally breathe a sigh of relief as the sector recovers from two years of border restrictions and nosediving demand.

Inflation is at a multi-decade high, but the situation is different than the 1970s when high inflation was combined with high levels of joblessness and slow or recessionary economic growth, senior BoC official said.

Even as gas prices hit record highs, Canadians are fanning out across the country for fresh travel experiences after two years of bottled-up demand.

Inflation slowed in April after seven months of relentless gains, a tentative sign that price increases may be peaking while still imposing a financial strain on American households.

Research indicates there is a growing digital divide among businesses in Canada as businesses without an effective digital presence are less likely to attract investment and be profitable.

Experts say soaring fuel prices create a kind of inflationary domino effect, with climbing gas prices raising shipping costs and higher shipping costs hiking the price of goods.

Governor says the central bank hopes it can take a meaningful step toward building trust and strengthening its relationship with Indigenous peoples.