Ontario to table budget amid both surging revenues, potential slowdown
TORONTO — Ontario's budget is set to be tabled Thursday amid both surging revenues and a potential economic slowdown, and while…
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Economy
Ford to raise production as US auto sales start to recover
DEARBORN, Mich. (AP) — Ford will increase production of six models this year, half of them electric, as the company and the auto…
Loblaw facing ‘over 1,000 supplier requests’ for fresh price hikes
Canada's biggest grocer is facing fresh price hikes from suppliers, signalling food inflation will continue its relentless ascent…
Canada’s annual inflation rate slowed to 5.9 per cent in January
OTTAWA — Canada's annual inflation rate slowed to 5.9 per cent in January, despite grocery prices rising at an even faster pace…
Slowing growth a ‘good thing’ when economy is overheated: Tiff Macklem
OTTAWA — Bank of Canada governor Tiff Macklem says that although a slowing economy may not seem like a good thing, it is when the…
Merchandise trade deficit $160 million in December
OTTAWA — Statistics Canada says the country posted a merchandise trade deficit of $160 million in December as both exports and…
Canadian retail sales fell in November
Canadian retail sales edged down in November amid a broad consumer spending pull back as the rising cost of living continued to…
Manufacturing sales flat at $72.3 billion in November
OTTAWA — Statistics Canada says manufacturing sales were flat at $72.3 billion in November.
The result came as sales in the…
More businesses expect sales to slip as high inflation, rates weigh on spending: BoC
OTTAWA — The Bank of Canada says more businesses than usual expect their sales to decline as most firms and consumers expect a…
Disruption top concern in Citi’s supply chain report
Disruption remains at the top of concerns for businesses that rely on global supply chains, says a new report from financial…