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As inflation inches closer to 3%, economists warn progress will stall this year

As inflation inches closer to 3%, economists warn progress will stall this year

OTTAWA — As inflation inches closer to three per cent, economists are warning the steady monthly declines in annual price growth will stall and even potentially reverse in the second half of the year.
CREA downgrades sales forecast as interest rates weigh on buyers

CREA downgrades sales forecast as interest rates weigh on buyers

The Canadian Real Estate Association has downgraded its home sales forecast for this year and next as fewer buyers jump into the market. The association said Friday that it expects 464,239 properties to trade hands this year, a 6.
Shorter fixed-rate mortgages take spotlight as borrowers feel pinch of higher rates

Shorter fixed-rate mortgages take spotlight as borrowers feel pinch of higher rates

TORONTO — Rapidly rising interest rates have transformed mortgage preferences as borrowers increasingly opt for shorter-term fixed-rate contracts.
Black Restaurant Week aims to showcase diverse cuisines, uplift Black business owners

Black Restaurant Week aims to showcase diverse cuisines, uplift Black business owners

TORONTO — It's the authentic Jamaican jerk chicken, curry goat and oxtail dishes that restaurant owner Stacy Porter hopes will get you in the door of her Scarborough eatery.
Air quality study finds elevated levels of carcinogen across Hamilton

Air quality study finds elevated levels of carcinogen across Hamilton

A University of Toronto professor says residents of Hamilton, Ont., could be inhaling the chemical equivalent of one or two cigarettes per week -- at minimum -- due to elevated levels of a cancer-causing compound in the air.
Cogeco reports loss in third quarter, Cogeco Communications earns $95.9 million

Cogeco reports loss in third quarter, Cogeco Communications earns $95.9 million

Cogeco Inc. reported a loss attributable to shareholders of $34.5 million in the third quarter, down from earnings of $37.5 million during the same period a year ago.
Report says junior staff behind sexual slogan approval in Experience Regina rebrand

Report says junior staff behind sexual slogan approval in Experience Regina rebrand

REGINA — An independent review into how Regina's tourism agency handled a failed rebrand says a junior employee approved sexualized slogans before senior management could vet them.
Telus revises 2023 guidance, citing technology sector cost-cutting

Telus revises 2023 guidance, citing technology sector cost-cutting

VANCOUVER — Telus Corp. revised downward its annual guidance for 2023, citing demand pressures as the technology sector looks to cut costs.
Railway container shipments plummet due to B.C. port strike that's poised to end

Railway container shipments plummet due to B.C. port strike that's poised to end

MONTREAL — Railways suffered a sharp drop-off in container shipments this month as the strike by B.C. port workers — now poised to end after a tentative deal Thursday — halted more than half of steel-box cargo. Canadian National Railway Co.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,277.64, up 206.87): Hut 8 Mining Corp. (TSX:HUT). Finance. Up 89 cents, or 17.98 per cent, to $5.84 on 10.6 million shares.