70% in Toronto, Vancouver Say World Cup Not Worth Cost
A new Angus Reid poll finds 70% of residents in Toronto and Vancouver believe the public costs of hosting the 2026 FIFA World Cup are not worth the trade-offs.
Category : Economic Indicators
Tax Freedom Day June 9: Canadians Work for Themselves
Tax Freedom Day arrives June 9 in Canada, marking when the average family stops working for government and starts earning for themselves, says Fraser Institute.
Canadian Families Work Nearly Half Year to Pay Taxes
The average Canadian family earns $166,790 and pays $72,539 in taxes, working until June 9 to cover their tax bill, according to the Fraser Institute's Tax Freedom Day analysis.
Canada Economy Adds 88,000 Jobs, Unemployment Falls
Statistics Canada reports 88,000 jobs added in May, unemployment rate drops to 6.6%, signaling economic recovery amid global uncertainties.
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Too Soon to Call Recession: Canadian Authority
Canada's fiscal authority states it is premature to declare a recession, despite economic slowdown signals. Officials cite resilience in key sectors.
CMHC Updates Development Charges Analysis June 3
CMHC will publish updated data on municipal development charges on June 3, covering 40 municipalities with new modelling on housing viability.
Dynatrap Mosquito Trap: Silent Killer for Summer Pests
Get the Dynatrap mosquito and flying insect outdoor trap at 20% off. This silent, chemical-free trap covers half an acre and is praised by reviewers as a game-changer for outdoor comfort.
Young Canadians Face Tough Summer Job Market Amid Recession
Canada's technical recession and stalled economy create one of the toughest summer job markets for young Canadians. Experts weigh in on challenges and opportunities.
Carney Aims for $1 Trillion Investment After Trudeau Exodus
PM Mark Carney aims to attract $1 trillion in new investment to Canada, offsetting the capital that left during Justin Trudeau's tenure, which saw the worst per capita growth since the Great Depression.
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World Cup Costs to Be Revealed After BC Session Ends
The full costs of hosting the World Cup in British Columbia will be disclosed after the legislative session concludes, with key debates and issues reviewed.
Ottawa Gas Prices Set to Drop Again on Friday
Ottawa motorists can expect lower gas prices on Friday as peace talks continue, according to affordable energy president. Temperatures around 20 C with rain risk.
Canada Falls Behind U.S. in New Global Ranking: Why
Canada ranks behind the U.S. in a new global ranking due to economic and policy factors. Experts weigh in on the implications.
Canada 'stands out' on economic surprise index — not in a good way
Canada's economic data disappoints on the global surprise index, with a negative score of -88.2, contrasting with positive readings in the US, highlighting underperformance.
Montreal Population Decline: Key Reasons Explained
Montreal's population is declining due to economic factors, housing costs, and interprovincial migration. Experts analyze the causes and implications for the city's future.
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CRA Job Cuts May Overwhelm Service Levels: Economist
Economist David Macdonald warns the CRA's 6,700 job cuts and further reductions could overwhelm service levels, despite recent 100-day improvements. Taxpayers urged to share experiences.
Thousands in Madrid protest soaring housing costs
Thousands gathered in Madrid to protest rising housing costs, demanding government action as many Spaniards are priced out of the market amid a broader housing crisis.
FIFA World Cup Costs Exceed $1 Billion, Taxpayers Pay
A PBO report reveals FIFA World Cup costs have surpassed $1 billion, with taxpayers covering $473 million. Critics slam the spending as irresponsible amid government debt.
Trump Economy Claim: 'People Aren't Seeing It Yet'
President Trump touted economic gains despite polls showing 57% of Americans feel worse off financially. Critics mock his 'invisible' prosperity.
Manitoba Politicians Clash Over Inflation Spike in New Data
Manitoba politicians spar after Statistics Canada reports a jump in inflation, sparking debate over economic policies and their impact on residents.
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Toronto, Vancouver Among Most Expensive World Cup Host Cities
A new report ranks Toronto and Vancouver among the priciest host cities for the 2026 FIFA World Cup, citing high stadium upgrade costs and operational expenses.
Global Inflation Weighs on G7 as Bond Yields Persist
G7 finance chiefs confront enduring inflation and higher bond yields, with the Iran war shock complicating monetary policy and economic growth outlook.
Canada Inflation Rises to 2.8% in April on Gas Prices
Canada's annual inflation rate rose to 2.8% in April, driven by higher gasoline prices, according to Statistics Canada. Core measures remain elevated.
At 88, He Returned to Work to Care for His Wife
An 88-year-old man returns to work to care for his ailing wife, highlighting a growing trend of seniors rejoining the workforce for caregiving and financial reasons.
Canada cannot afford another decade of project delays
Janaka Ruwanpura argues Canada's proposed one-year federal review timeline for major projects is necessary to rebuild competitiveness and energy security without weakening standards.
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Alberta Lowest, Quebec Highest in Life Satisfaction Survey
A Statistics Canada survey reveals Alberta has the lowest life satisfaction at 38.1%, while Quebec leads at 57.3%. National average rises to 46.1% in Q2 2025.
BoC: US Counter-Tariffs Raised Prices 6% Last Year
A Bank of Canada report estimates that U.S. counter-tariffs increased consumer prices by about 6% last year, impacting Canadian households and businesses.
Modi Urges Work from Home to Cut Fuel Use Amid Iran War
Indian PM Narendra Modi calls for remote work to reduce fuel consumption as tensions with Iran escalate, impacting global oil supplies.
Sask. NDP Calls for Immediate Rent Control Act Passage
The Saskatchewan NDP is urging the provincial government to immediately pass the Rent Control Act to address rising housing costs and protect tenants.
Inflation top issue for 3 in 4 young Canadians: Nanos poll
A new Nanos survey reveals inflation is a top concern for 75% of young Canadians, as rising unemployment hits youth hardest amid economic uncertainty.
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Canada's April Unemployment Rates by Province
A quick glance at unemployment rates for April by province, based on Statistics Canada data. See how your province fared in the latest jobs report.
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