Author: admin
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Posthaste: Look for the Canadian dollar to be an ‘underperformer’ once the war winds down, says CIBC
The Canadian dollar has rallied after falling by two per cent during March, but many currency watchers aren’t convinced it has enough tailwind to recoup those losses. The loonie has been struggling mightily in recent weeks considering the scope of oil price increases, Erik Nelson, an analyst at Wells Fargo & Co., said in a…
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Why mysterious vegetables have been showing up, unordered, on some Ottawans’ doorsteps
People in Ottawa have been receiving multiple deliveries of vegetables from Walmart that they never asked for. To add further confusion, the deliveries contain only one or two veggies. Giacomo Panico unpacks the mystery.
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25 men are sleeping on cots in the gymnasium of N.L.’s largest prison for the ‘foreseeable future’
An inmate at Her Majesty’s Penitentiary told a judge last week that he’s dealing with a leaking roof and a rodent infestation while sleeping on a cot in the jail’s gymnasium. The judge toured the facility, and said the gym is “not a very nice place to be living.”
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Nurses evacuate area, extinguish fire at Sarnia’s Bluewater Health, fire official says
Nurses evacuated patients from a ward at Bluewater Health Wednesday night due to a fire in one of its rooms, according to Sarnia’s chief fire prevention officer.
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Conservatives call for zero gas taxes for the rest of the year
OTTAWA — With prices at the pump spiking due to the war in Iran, Conservative Leader Pierre Poilievre is calling for the government to zero out gas taxes for the rest of the year. The party estimates that the plan would save Canadians about 25 cents a litre when they fill up their cars. The…
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Canada needs to hike GST and cut non-defence spending to meet 5% NATO target: report
Canada may have hit the North Atlantic Treaty Organization (NATO) spending target of two per cent of gross domestic product (GDP) five years ahead of schedule, but reaching the spending target of five per cent of GDP by 2035 could require tough sacrifices from Canadians today, according to a new report from the C.D. Howe…
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Why Canada’s housing crisis is a productivity crisis, too
On April 9, Ricardo Hausmann, the founder and director of Harvard’s Growth Lab, will deliver the first talk of The Canadian Standard of Living, Productivity and Innovation lectures — a series of events focused on strengthening Canada’s standard of living hosted by the Centre for International Governance Innovation and sponsored by Savvas Chamberlain. Here, he…
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Deloitte downgrades Canadian economic forecast due to CUSMA and Iranian war uncertainties
Deloitte Canada has downgraded its growth expectations for Canada in 2026, forecasting gross domestic product (GDP) will rise by 1.2 per cent this year, compared to its previous forecast in January of 1.5 per cent. The downgrade comes as the global economy reels from the impacts of the United States – Israel war on Iran…
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What we’re eyeing for April 2, 2026
A Tea Party band member has won a new award from LaSalle; Unifor is marking the anniversary of U.S. auto tariffs, and Windsorites are adjusting to rising gas prices.