The slowdown was widely expected by financial analysts, and much of the relief came from cheaper fuel. Petrol prices dropped sharply compared with the same time last year, helping pull the overall inflation rate lower. But while the headline figure looks encouraging, the broader picture is more complicated. When petrol…

According to IG Wealth Management’s latest Financial Confidence Index, personal financial confidence has risen above its long-term average for the first time since 2021. The findings highlight a growing divide between how Canadians view their individual finances and how they perceive the economy as a whole. Inflation, high interest rates,…

The change is intended to improve fiscal transparency and modernize timelines. However, it also threatens to create serious logistical and compliance challenges for practitioners and businesses alike. Traditionally, the federal budget has been tabled between February and April, giving taxpayers and advisers ample time to digest proposed tax changes before…

The seasonally adjusted annual rate of housing starts climbed to 279,234 units, significantly exceeding economists’ expectations of around 255,000. The sharp rise was largely driven by new builds in Ontario, Quebec, and the Prairie provinces, reflecting renewed momentum in major urban centres despite ongoing challenges in the broader housing sector.…

This is according to executives at one of the nation’s largest supermarket chains, Metro Inc. Metro reported that while demand for Canadian-made goods continues to outpace imports, the growth rate has eased compared to earlier in the year. The surge in local purchasing was initially driven by trade tensions with…

This 10-point increase from the previous 25 per cent rate came into effect early this morning following a new executive order from U.S. President Donald Trump. While this move may sound like a major blow to Canada’s export economy, the real-world impact may be considerably less severe than the headline…

This move reflects ongoing concerns over uncertainty which continues to dominate the Bank’s outlook. The Bank’s announcement deviated from its usual practice of issuing a base-case economic forecast. Instead, the bank offered three potential scenarios due to the unpredictability of U.S. trade policies under President Trump. Governor Tiff Macklem highlighted…

In its latest economic outlook released Thursday, CFIB predicts that the economy shrank by 0.8 per cent in the second quarter of 2025 and is set to contract by the same amount in the third quarter. The forecast reflects deep-rooted concerns within the business community, particularly related to ongoing trade…

The findings indicate that nearly 60 per cent of homeowners with existing mortgages are likely to be affected, even though interest rates are expected to decline gradually over the coming years. Many current mortgages were secured during periods of historically low interest rates. As those terms expire, homeowners will transition…

This patriotic shift has led to a surge in the popularity of the Buy Canadian movement. The movement is being felt the strongest in small businesses like Ottawa’s Maker House, where nearly everything is proudly made in Canada. Sales at Maker House have soared since early 2024, with spikes that…