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Manufacturing sales in April see biggest monthly drop since 2023 amid U.S. tariffs

Manufacturing sales in April see biggest monthly drop since 2023 amid U.S. tariffs

OTTAWA — Statistics Canada said Friday that manufacturing sales fell 2.8 per cent in April, the largest monthly drop since October 2023, as the tariff dispute with the United States hit the industry. StatCan said manufacturing sales stood at $69.
Buyers seek value in farmland as uncertainties persist

Buyers seek value in farmland as uncertainties persist

Strong interest but fewer deals as 2025 begins
Leaders on Canada's expanded G7 guest list to tackle climate, economy and security

Leaders on Canada's expanded G7 guest list to tackle climate, economy and security

OTTAWA — Canada is bringing the world to Alberta for the G7 leaders summit in Kananaskis.
Statistics Canada reports household debt-to-income ratio ticked higher in Q1

Statistics Canada reports household debt-to-income ratio ticked higher in Q1

OTTAWA — Statistics Canada says the amount Canadians owe relative to their income ticked higher in the first quarter as debt grew faster than income. The agency says the ratio of household credit market debt to disposable income rose to 173.
Ottawa's GST rebate on new homes would save typical first-time buyer $27K: PBO

Ottawa's GST rebate on new homes would save typical first-time buyer $27K: PBO

OTTAWA — An eligible first-time homebuyer could save an average of $26,832 in sales tax on the price of a newly built home under Ottawa's latest housing proposal, the parliamentary budget officer said in a new report on Wednesday.
Federal government slow to reduce, modernize its office space

Federal government slow to reduce, modernize its office space

OTTAWA — The federal government has moved slowly to reduce its office space, a new report by Canada's auditor general said Tuesday.
Citing trade wars, the World Bank sharply downgrades forecast for global economic growth to 2.3%

Citing trade wars, the World Bank sharply downgrades forecast for global economic growth to 2.3%

WASHINGTON (AP) — President Donald Trump’s trade wars are expected to slash economic growth this year in the United States and around the world, the World Bank forecast Tuesday.
Average asking rents fall annually for eighth straight month to $2,129: report

Average asking rents fall annually for eighth straight month to $2,129: report

TORONTO — The national average asking rent in May was down 3.3 per cent from a year earlier at $2,129, marking the eighth consecutive month of year-over-year decreases. The monthly report from Rentals.
Elbows-up tourism surge could see sector ‘eke out’ a gain even as Americans stay away

Elbows-up tourism surge could see sector ‘eke out’ a gain even as Americans stay away

From the front desk of Hotel Bedford in Goderich, Ont., Lynda Cross welcomes guests from regions ranging from southern Ontario to the South Pacific.
Southern Saskatchewan powers up energy, agriculture prospects

Southern Saskatchewan powers up energy, agriculture prospects

Job opportunities growing but new arrivals lag demand