The Canadian Press

Liberals to unveil federal budget on April 19

It will be the first federal budget in more than two years after the government opted not to introduce one in 2020 as the COVID-19 pandemic took hold in Canada.

Rogers, governments to split cost of boosting wireless service in Eastern Ontario

Cornwall and Kingston are among the communities covered by the project

Ottawa to move to red level of COVID-19 framework as case rates climb 25%

Gyms, retailers, event venues, bars and restaurants must further reduce their capacity.

Hexo cuts Q2 loss after revenue nearly doubled compared with year ago

Ottawa-based cannabis firm reported a loss of $20.8 million in its latest quarter, compared with a loss of $298.2 million in the same period in 2020.

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.
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