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B.C. plans to raise its minimum wage by 2.96%, or $0.45, to $15.65 per hour, on June 1, Labour Minister Harry Bainssaid today. He explained that the province's Fair Wages Commission travelled the province, consulting businesses and other stakeholders, and recommended the increase, which was based on a 2.8% inflation...
The Bank of Canada raised its overnight lending rate by 25 basis points to 0.50 per cent on Wednesday, marking the first time the central bank has tightened monetary policy since 2018, while highlighting how Russia's attack on Ukraine could weigh on global growth and lift commodity prices further. The...
Some Manitobans dreamed up creative ways to defraud Manitoba Public Insurance (MPI) in 2021, ranging from a false kidnapping to claiming a dog darted in front of the car causing a crash. On Wednesday, MPI released its top five auto insurance frauds, highlighting some of the situations the organization had...
In any normal winter, Cameron Birch and his family of five would pack their bags for an all-inclusive vacation somewhere warm and sunny. But when the pandemic kept them from booking a trip south, the Kelowna, B.C., family looked closer to home and bought season passes to Big White Ski...
Consumers appears to have helped the Canadian economy through a July stumble, as Statistics Canada reported Friday that real gross domestic product dropped 0.1 per cent in the month before rebounding in August. The July figure was better than the agency's initial estimate of a contraction of 0.4 per cent,...
Creating an encounter rather than purely presenting vehicles: Mercedes-Benz is pressing forward with its dialogue-based and experiential brand presence at trade fairs. At the IAA MOBILITY from 7 to 12 September 2021 in Munich, the luxury automotive brand is taking advantage of all the opportunities offered by the new format...
The real estate board representing Canada's largest housing market is predicting the peak may be in the rear view for Toronto after buying activity fell further from record levels in June. There were 11,106 property sales last month across the Greater Toronto Area (GTA), according to data released by the...
Prices across the country rose at their fastest annual rate in a decade last month, with the promise of similar numbers through to the fall as the national economic reopening from pandemic measures allows consumers to spend more freely . Statistics Canada said the 3.6-per-cent increase in the consumer price...
Statistics Canada says the annual pace of inflation jumped higher in March due in large part to a plunge in prices a year ago at the start of the pandemic. The agency says the consumer price index in March was up 2.2 per cent compared with a year ago. The increase...
The vaccine rollout is underway in Canada, and it is picking up pace. This paints a far prettier picture for Canadians and the world in general regarding the pandemic. The onset of COVID-19 and ensuing lockdowns devastated several sectors of the economy. With the possibility of an end to...