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Eligible Canadians receiving Old Age Security (OAS) payments will see a slight increase when the latest deposit lands in their account on Wednesday or when the cheque arrives in the mail, for those not signed up for direct deposit. Canadian Pension Plan payments are going out simultaneously to eligible recipients, but there’ll be no increase…

Tim Hortons is launching a Harry Potter menu next month to celebrate the 25th anniversary of the first film of the franchise, Harry Potter and the Philosopher’s Stone. “Harry Potter has been a beloved part of so many of our guests’ lives for decades and we couldn’t be more excited for Canadians to discover the…

Oil’s wild price swings this summer have been playing havoc with central bank expectations. Crude prices soared to more than US$100 last week after the conflict between the United States and Iran flared up again — and with them rose market bets on interest rate hikes. A full hike was added to the outlook for…

The city of Vancouver approved a developer’s plan for the construction of Canada’s tallest buildings west of Toronto. At the centre of Holborn Group’s proposal for four new buildings is a hotel which may potentially reach 315 meters (1,033 feet) high. If it is ultimately built to that height, it would be Vancouver’s first project…

Dye & Durham Ltd.’s lenders have retained Houlihan Lokey Inc. as financial adviser as the software company’s capital position comes under increased scrutiny, according to people familiar with the matter. The creditors held pitches from financial advisers over the past weeks before selecting Houlihan Lokey, the people said, who asked not to be named because…

The European Commission in June moved to designate the world’s two largest cloud platforms, Amazon Web Services and Microsoft Azure, as “gatekeepers,” giving itself new powers to discipline the industry. The reason is worth understanding, because it is the same one that should worry Ottawa. In Canada and Europe, the big three hyperscalers, Amazon.com Inc.…

Thirty years ago, then–international trade minister Art Eggleton helped usher in Canada’s first free trade deal with a partner outside North America. It was a moment not unlike the one we are facing now. Canada was emerging from the deep recession of the early 1990s and adjusting to a rapidly changing post-Cold War world. Building…

An armed robber who was involved in prison drone drops of drugs while behind bars and allegedly assaulted and choked his ex-girlfriend the day he got full parole is free again even though the Correctional Service of Canada (CSC) recommended against releasing him. Daniel Christian Anthony Johnson, who was sentenced in February 2024 to more…

Ask Rebecca is smart, honest advice to readers’ questions about life, family and relationships by columnist Rebecca Eckler. Got a question for Rebecca? Submit it anonymously on the form here. You can also send an email to NPadvice@postmedia.com. Dear Rebecca: My teenage daughter is working as a counsellor at an overnight camp this summer just…

OTTAWA – Economists are sounding the alarm on what they view is a lack of transparency around the federal government’s spending and fiscal outlook. Since the spring economic update, Prime Minister Mark Carney has announced several new spending initiatives including a national AI strategy, a food security strategy, a West Coast pipeline project and a…