The Canadian Press

Hot housing market drives 2021 economic growth

The country's hot housing market drove economic expansion last year as the economy grew 4.6 per cent in 2021, Statistics Canada said Tuesday.

Ontario to end vax passports, some businesses persist

Some establishments in Ontario will maintain proof-of-vaccine requirements even after the province ends its vaccine certificate system on Tuesday.

‘Price sensitive’ shoppers turn to discount grocery stores as food costs rise: Loblaw

Canadian consumers are increasingly shopping at discount grocery chains, buying store-branded food and choosing less pricey pork or chicken rather than beef in an effort to save money amid soaring inflation, Loblaw Companies Ltd. said Thursday.

Banking industry says it will need to diligently implement emergency orders

Canada's banking industry says it will follow through with the federal government's emergency orders targeting the trucker protesters as discussions on how best to implement them continue.

New rules going after blockade financing an overreach, critics say

The federal government's move to use expanded financial powers to crack down on the trucker protests is being called a severe overreach by financial crime experts, while details remain scarce on how some of the directives will be implemented.

Annual inflation rate rises to 5.1 per cent in January on broad price increases

Statistics Canada says the annual pace of inflation topped five per cent for the first time in more than 30 years.

UPDATED: Shopify shares plunge after firm lowers 2022 revenue growth guidance on Q4 loss

Ottawa-based company's stock fell to a low of $914 on the TSX as it announced it expects revenue growth for 2022 to be lower than the 57 per cent growth it achieved in 2021.

Ontario set to release third quarter financial update

Ontario's finance minister is set to release an update today on the province's finances. Peter Bethlenfalvy will release...

Alberta venture capital investment poised to break record again

In Canada's largest oil and gas producing province, investors who have been made wealthy by the energy sector are starting to open their pockets to a budding local tech industry.

Ottawa mayor pushes to shrink convoy footprint, as feds eye action

Ottawa's mayor has set a deadline of noon today for truckers encamped in the capital's core to move out of residential streets in a bid to pare down the size of the protest's footprint.

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