business
Canadians still worried about economy, remain cautious about spending
Consumers are still feeling anxious over high prices and economic uncertainty from the U.S. trade conflict, according to a Bank of Canada survey published Monday, showing that some Canadians still perceive weakness in the economy even as several indicators improve. Source link
Inflation ticks up to 2.4% in December as last year's GST break impacts data
Canada’s inflation rate ticked up to 2.4 per cent in December compared to the same period last year, when the federal government implemented a GST break that brought some prices down, Statistics Canada said on Monday. Source link
Craft beer in Canada is losing its fizz, as sales dry up and more breweries go bust
After years of seemingly unlimited growth for the craft beer industry, the party is winding down. Sales are down and the number of breweries in Canada has started to decline, a shift driven by a mix of cost pressures and changing consumer tastes and social habits. Source link
WestJet reversing move to install tight seating layout
WestJet is cancelling a new seat configuration that squeezed an extra row on board many of its planes and left passengers with less legroom. Source link
Are you overpaying for a lab-grown diamond?
Marketed as an alternative to mined diamonds, lab-grown stones are growing in popularity among engaged couples, taking some of the shine from mined or “natural” diamonds, which have traditionally dominated the market. Source link
B.C. and feds enter lumber understanding with China during Carney visit
The five-year agreement, which is not legally binding, also involves the federal Department of Natural Resources. The deal calls for exchanges and joint research on modern wood construction. Source link
What's in store for Canada's housing market in 2026?
National home sales in Canada declined by 1.9 per cent in December compared to the same period a year earlier, according to the Canadian Real Estate Association, capping a year that saw lower interest rates but heightened economic anxiety. Source link
Saks Global files for bankruptcy after Neiman Marcus takeover leads to financial collapse
High-end department store conglomerate Saks Global filed for bankruptcy protection late on Tuesday, in one of the largest retail collapses since the pandemic. It comes barely a year after a deal that brought Saks Fifth Avenue, Bergdorf Goodman and Neiman Marcus under the same roof. Source link
Some Canadians are ready to work in Venezuela‘s oilpatch — if they're allowed in
In Alberta, there is excitement and hesitation from businesses and energy workers at the potential opportunity ahead in Venezuela. Source link
McDonald's Canada to freeze price of small coffee, drop cost of value meals for one year
McDonald’s Canada will freeze the price of a small cup of coffee at $1 for at least a year and drop the price of its McValue meals to $5 for the same duration, its CEO announced on Tuesday. Source link