The Canadian Press

Feeling sticker shock at the gas pump? Here’s why

It can take oil producers a while to ramp up production, especially after some smaller producers shut down or went bust during the depths of shutdowns last year.

Grocery giant Empire buys majority stake in specialty grocer Longo’s for $357M

Deal builds on the company's recent acquisition of Farm Boy.

Rogers’s $26B plan to buy Shaw raises red flags about competition

Telecom firms are fierce combatants in the wireless sector.

Canadian households added record mortgage debt in Q4: StatCan

The growth in the value of real estate also pushed the net worth of homeowners higher.

Fast rise in consumer spending could speed up job market recovery, BoC deputy says

Canadians have accumulated an average of $5,800 in extra savings as spending dropped over the last year while many businesses were closed or faced restrictions.

Bank of Canada keeps key interest rate target on hold despite more upbeat forecast

The central bank says its key interest rate target will stay at 0.25% until the economy recovers and inflation is back at its 2% comfort zone, which it doesn't see happening until 2023.

Canopy Growth laying off 75 staff in North America, mostly in Smith Falls

Cannabis company says it remains on the path to profitability in the coming fiscal year.

RBC chief executive sees inflationary pressure building as economy bounces back

The comments came ahead of a Bank of Canada interest rate announcement Wednesday that is expected to reveal how the central bank is thinking about the economy and setting interest rates.

All Ontarians could get vaccine by June 20 if supply allows, task force head says

The government said under the current plan, seniors aged 75 and older will start getting the shot in April, while everyone 60 and older will receive the first dose by the end of May or early June, if not earlier.

Detailed vs. flat rate: New way to claim work from home costs gives workers options

The new flat rate method is quick and easy, but using the detailed method may yield a better outcome, depending on your circumstances

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