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Canada lays out plan to phase out sales of gas-powered cars, trucks by 2035

Canada lays out plan to phase out sales of gas-powered cars, trucks by 2035

Dec 19, 2023 | 1:52pm
The end of the road is coming for gas-powered vehicles in Canada. New regulations being published this week by Environment Minister Steven Guilbeault will effectively end the sale of new passenger vehicles powered only by gasoline or diesel in 2035. Guilbeault said the Electric Vehicle Availability Standard will encourage automakers to make more battery-powered cars […]
Inflation holds at 3.1% in November as progress in tamping down price growth stalls. Inflation up slightly in Saskatchewan

Inflation holds at 3.1% in November as progress in tamping down price growth stalls. Inflation up slightly in Saskatchewan

Dec 19, 2023 | 10:14am
Canada’s annual inflation rate was unchanged last month, holding steady at 3.1 per cent as progress on tamping down price growth stalled. The November consumer price index report released Tuesday from Statistics Canada shows higher prices for recreation and clothing put upward pressure on inflation. Provincially, the rate of inflation in Saskatchewan climbed to 2.3 per cent from […]
Unemployment rate rises to 5.8% in November as job market continues to cave

Unemployment rate rises to 5.8% in November as job market continues to cave

Dec 1, 2023 | 11:32am
Canada’s unemployment rate ticked up to 5.8 per cent last month, as high interest rates weigh on job creation at a time when the country’s population is growing rapidly. Statistics Canada released its November labour force survey Friday, showing the economy added a modest 25,000 jobs, slightly surpassing forecasters’ expectations. Manufacturing and construction saw the […]
Canada’s jobless rate rises to 5.7% in October as economy sees modest 18,000 job gain

Canada’s jobless rate rises to 5.7% in October as economy sees modest 18,000 job gain

Nov 3, 2023 | 7:22am
Canada’s unemployment rate rose to 5.7 per cent last month as job opportunities became less plentiful in an economy weighed down by high interest rates. Statistics Canada released its October labour force survey Friday, which showed the economy added a modest 18,000 jobs. The gain was not enough to keep the unemployment rate from rising […]
Liberals to pause carbon pricing on heating oil, beef up heat pump incentives

Liberals to pause carbon pricing on heating oil, beef up heat pump incentives

Oct 26, 2023 | 4:34pm
Prime Minister Justin Trudeau has announced that the government will double the top-up to the carbon price rebate for rural Canadians beginning next April. Trudeau also says there will be a temporary, three-year pause to carbon pricing measures that are applied to deliveries of heating oil, beginning in two weeks. A government press release says […]
Canada’s annual inflation falls to 3.8% in September, grocery prices rise more slowly

Canada’s annual inflation falls to 3.8% in September, grocery prices rise more slowly

Oct 17, 2023 | 8:08am
Canada’s annual inflation rate slowed to 3.8 per cent in September as prices for a range of goods and services rise more slowly, including durable goods and grocery prices. Statistics Canada released its latest consumer price index report on Tuesday, which showed inflation resumed its decline, after rising during the summer to four per cent in August. The federal […]
Economy adds 64K jobs in September, unemployment rate holds steady at 5.5%

Economy adds 64K jobs in September, unemployment rate holds steady at 5.5%

Oct 6, 2023 | 10:10am
The Canadian economy added more jobs than expected last month, but with the gains driven by a seasonal spike in education employment and an increase in part-time work, economists say the job market is weaker than it looks. Statistics Canada released its September labour force survey Friday morning, which shows employment rose by 64,000 jobs. The unemployment rate continued […]
Canada’s inflation rate reaches four per cent in August: StatsCan

Canada’s inflation rate reaches four per cent in August: StatsCan

Sep 19, 2023 | 7:54am
Higher gasoline prices drove Canada’s inflation rate to 4.0 per cent in August, making it the second month in a row inflation has risen. Statistics Canada released its consumer price index report Tuesday, which shows the annual rate rose from 3.3 per cent in July. Saskatchewan saw inflation jump a bit, with the rate going […]
‘Freedom Convoy’ lawyers attempt to block Ottawa residents from testifying at trial

‘Freedom Convoy’ lawyers attempt to block Ottawa residents from testifying at trial

Sep 11, 2023 | 2:27pm
The lawyers defending two of the most prominent organizers of the “Freedom Convoy” protests attempted to block eight local Ottawa witnesses from taking the stand Monday in a debate that underscores one of the central legal disputes in the trial. Tamara Lich and Chris Barber are on trial for criminal charges related to their role […]

Inflation relief felt largely at the gas pump; food, housing costs continue to rise

Jul 18, 2023 | 2:51pm

The rising cost of living in Canada that has dominated the headlines over the past year is, in many ways, a story about oil. Experts say anyone who doubted the importance of energy to the overall economy need only scratch the surface of the latest Statistics Canada inflation data, released Tuesday. “Energy is central to […]

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