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Retail sales unchanged in June from May, underscoring shoppers' resilience

Retail sales unchanged in June from May, underscoring shoppers' resilience

NEW YORK (AP) — Shoppers paused their spending in June from May, defying economic forecasts for a pullback and proving their resilience in the face of an uncertain economy Retail sales were unchanged in June from May, after being revised upward to a
Airfares continue to rise from last year — and soar above pre-pandemic levels

Airfares continue to rise from last year — and soar above pre-pandemic levels

OTTAWA — Statistics Canada says airfares rose two per cent year-over-year in June, and continued to soar above pre-pandemic levels. Figures from the consumer price index show the increase follows a 4.
Inflation falls to 2.7% in June, driven by slower growth in gas prices: StatCan

Inflation falls to 2.7% in June, driven by slower growth in gas prices: StatCan

Economists say an unexpected dip in the national inflation rate bodes well for the prospects of the Bank of Canada making a second straight cut to its benchmark interest rate when it meets later this month. Canada's annual inflation rate fell to 2.
Snowball, avalanche or consolidate: How to choose the right debt repayment method

Snowball, avalanche or consolidate: How to choose the right debt repayment method

While tackling any amount of debt is a feat, choosing an approach to pay off those loans that works best for you will make that journey a little bit easier.
IMF's economic view: Brighter outlook for China and India but tepid global growth

IMF's economic view: Brighter outlook for China and India but tepid global growth

WASHINGTON (AP) — The International Monetary Fund on Tuesday upgraded its economic outlook this year for China, India and Europe while modestly lowering expectations for the United States and Japan.
Empire expands partnership with anti-food waste app FoodHero beyond Quebec

Empire expands partnership with anti-food waste app FoodHero beyond Quebec

MONTREAL — Canadian grocery company Empire is expanding its partnership with a Montreal-based app dedicated to mitigating food waste.
North American stock markets extend rally as investors bet on Trump

North American stock markets extend rally as investors bet on Trump

North American stock markets continued their winning streak Monday, as investors' growing confidence that former U.S. President Donald Trump may be heading back to the White House translated to fresh gains. The S&P/TSX composite index was up 78.
Single-use plastic bags banned as next round of B.C. plastic regulations kicks in

Single-use plastic bags banned as next round of B.C. plastic regulations kicks in

VICTORIA — Plastic shopping bags and other single-use products are no longer available at British Columbia stores as the government implements the latest step in its plan to phaseout certain plastic items and keep harmful chemicals out of landfills.
Canadian Natural fined for not stopping birds from nesting on tailings pond island

Canadian Natural fined for not stopping birds from nesting on tailings pond island

EDMONTON — A major oilsands producer has been fined after hundreds of birds, wolves and coyotes were exposed to toxins at one of its tailings ponds. The Alberta Energy Regulator has assessed a fine of $278,000 against Canadian Natural Resources Ltd.
Stock market today: Wall Street rises to the edge of records as its momentum keeps rolling

Stock market today: Wall Street rises to the edge of records as its momentum keeps rolling

NEW YORK (AP) — U.S. stocks ticked to the edge of records as Wall Street’s momentum keeps pushing it upward. The S&P 500 climbed 0.3% Monday but finished just shy of its all-time high set last week. The Dow Jones Industrial Average rose 0.
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