Canada & World

That costs what?! A look at how much some consumer prices went up in the last year

While gasoline prices are big part of the picture, having jumped last month by 39.8 per cent compared with March 2021, price pressures are far broader.

Ontario Teachers’ looks to increase venture capital investments

Pension fund manager says it is looking to make investments in the sector comprise seven to 10 per cent of its net assets over the next five to 10 years, up from about three per cent today.

Feds pledge cash for supply chain problems, but plenty of gaps persist

The federal government plans to spend more than a half-billion dollars to fix supply chain issues, but experts say it falls far short of the kind of comprehensive strategy that's needed.

UPDATED: Bank of Canada raises key rate half a point to 1% and warns of further hikes to come

 The Bank of Canada raised its key interest rate by the highest amount in more than 20 years and warned more rate hikes are coming as it increased its outlook for inflation.

Canadians with mortgages brace for big Bank of Canada rate hike

The Bank of Canada is gearing up to announce its next move on interest rates this Wednesday, with Bay Street forecasters expecting a 50 basis-point increase.

Cannabis company Tilray Brands signs definitive agreement in Hexo deal

Cannabis company Tilray Brands Inc. has signed a definitive agreement in its proposed plan with rival Hexo Corp. first announced last month.

US inflation jumped 8.5% in past year, highest since 1981

Inflation soared over the past year at its fastest pace in more than 40 years, with costs for food, gasoline, housing and other necessities squeezing American consumers and wiping out the pay raises that many people have received.

Loblaw, Frito Lay resolve high-profile pricing dispute that pulled chips from shelves

A high-profile pricing dispute that saw one of Canada's largest food makers stop shipments of chips and snacks to the country's largest grocer has been resolved.

Jobless rate holds steady at 4.9% in March as employment surges, labour force grows

Ottawa-Gatineau’s jobless rate held steady at 4.9 per cent in March as a surge in employment was offset by a big jump in the number of people hunting for work.

Budget 2022: Flush from booming economy, feds eye growth with $31B in new spending

Spending plan targeted at speeding the flow of goods through the country's supply chains, boosting housing supply and jolting businesses out of an anemic period of investment.

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