Business

More Canadians are turning to food banks as costs of groceries soar

The soaring costs of food at the grocery store is likely to push more Canadians into food insecurity, one expert says, as food banks...

As grocery bills soar, are meal kits worth it? Expert advice to trim food spending

Food inflation is stretching Canadian grocery budgets further than ever. Here's how meal kits and cutting down on food waste can factor into your...

Got homebuyer’s remorse? Regret sets in for some as heated housing markets cool

Realtors and lawyers in Toronto and Vancouver say they have noticed buyers looking at what options they have to get out of a purchase...

Food, shelter push inflation in Canada to 6.8% in April: Statistics Canada

The annual rate of inflation rose to 6.8 per cent in April, with price hikes largely driven by rising food and shelter costs, according...

Housing affordability in Ontario has eroded faster than any province amid COVID-19: report

Generation Squeeze found that with current home prices, a new homebuyer would have to work full-time for nearly 22 years to save up enough...

Walmart’s profit takes a hit as fuel, labour costs rise

Shares of Walmart fell eight per cent in morning trading Tuesday, its biggest one-day percentage drop since March 2020.

Home Depot raises profit forecast as demand holds for building materials

Home Depot Inc increased its full-year profit forecast on Tuesday as home improvement retailers benefit from higher prices and steady demand for tools and...

Average gas price tops $2 a litre in Canada for the 1st time

Natural Resources Canada says the average price across the country for regular gasoline hit $2.06 per litre on Monday for an all-time high.

Elon Musk hints at reducing $44B Twitter offer after putting deal on hold

Musk told a Miami technology conference that a viable deal at a lower price would not be out of the question, according to a...

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