Category : Search result: inflation impact


Winnipeg may pay small businesses for construction losses

Two Winnipeg city councillors are pushing a motion to consider financial compensation for local small businesses suffering losses due to disruptive road construction projects. Learn about the proposal and its potential impact.

Delta Air Lines lost $200M in U.S. shutdown

The longest U.S. government shutdown cost Delta Air Lines an estimated $200 million in revenue. The airline cites reduced travel demand from federal employees and contractors.

Algoma Steel lays off 1,000, cites U.S. tariffs

Algoma Steel CEO Michael Garcia says U.S. tariffs have closed the American market, forcing 1,000 painful layoffs. Get the full story on this major blow to Northern Ontario's economy.

Algoma Steel to Lay Off 1,000 Workers

Algoma Steel announces 1,000 layoffs in Sault Ste. Marie, citing difficult market conditions and trade pressures. Read about the impact and federal support.

Agentic AI Economy Impact Bigger Than Internet: Citi

Citi's new report reveals Agentic AI could transform financial services and create a 'Do It For Me' economy with greater economic impact than the internet era. Learn how this technology is reshaping finance.

DP World Launches Chile's 2025-26 Cruise Season

DP World boosts Chile's tourism as the 2025-26 cruise season begins in San Antonio, welcoming 15 ships and driving economic growth. Discover how this strengthens Chile's global travel appeal.

Target profit falls 19% amid inflation pressures

Target's third-quarter profit tumbles 19% as inflation-squeezed shoppers reduce spending. The retailer expects sales slump to continue through holiday season while investing $5B in store remodels.

Report Warns Canada's EV Mandates Threaten Auto Sector

C.D. Howe Institute study reveals Canada's electric vehicle mandates risk driving up costs and undermining competitiveness without meaningful emission reductions. Learn why reforms are urgently needed.

Ozempic Reshapes Canada's Food Economy: $3.3B Impact

Two million Canadians using GLP-1 drugs like Ozempic are dramatically changing food consumption patterns, removing $3.3 billion annually from Canada's food economy. Learn how this trend affects groceries, restaurants and agriculture.

Canadian inflation cools to 2.2% in October

Canada's inflation rate dropped to 2.2% in October as gas and grocery prices declined. Explore provincial breakdowns and economic implications for Canadian households.

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