Standing between the racks at a Simons store in Mississauga, Ont., Luke Gillet was on a mission to buy his dream wedding suit. “They have a […]
Tag: News/Business
Bank of Canada cuts key interest rate to 4.75%
The Bank of Canada has lowered its key interest rate to 4.75 per cent, marking the bank’s first rate cut since March 2020. Bank governor Tiff Macklem said in […]
Olive oil is how much now? Prices jump — again — amid worldwide shortage
Shoppers may find themselves doing a double take in the olive oil section of their local grocery stores these days, as industry analysts say prices have reached […]
Customers are fed up with anti-theft measures at stores. Retailers say organized crime is to blame
Susan Dennison recently had an unsettling experience at her local grocery store, a Loblaw-owned Fortinos in Burlington, Ont. Just as she was leaving, the wheels […]
Canadian economy grew 0.2% in February
The Canadian economy grew a modest 0.2 per cent in February, with advance estimates for March indicating little change to the GDP, Statistics Canada said on Tuesday. The […]
More stores are ditching self-checkout amid theft and customer complaints
In 2020, Walmart started testing cashierless, all self-checkout big box stores, first in the United States and then in Canada. But the pilot project didn’t […]
EV sales have slowed. Do massive subsidies still make sense?
Enormous investments in EV technology shook the automotive industry in both Canada and the U.S. this week. Honda promised to spend $15 billion in Ontario […]
We’re still stockpiling reusable bags. Big grocers have adopted solutions, but experts have concerns
Canada’s plastic bag ban has had an unintended consequence: a proliferation of reusable bags piling up in basements, closets and, eventually, landfills. “They’re everywhere,” said […]
Are you renting with no plans to buy? Here’s what the federal budget has for you
The federal government tabled its annual budget on Tuesday with a promise to open the door to homeownership for millennial and Gen Z renters. You’ll […]
The dirty secret of the housing crisis? Homeowners like high prices
If you listen to Canadian politicians, the solution to our housing crisis seems to be some combination of immigration reform and a herculean countrywide building […]