Teamsters Canada Issues 72-Hour Strike Notice to CN Rail After Federal Intervention
Fatih Sahin François Laporte, President of Teamsters Canada, and Sean O’Brien, General President of the International Brotherhood of Teamsters, addressed…
Economy
Canadian Retail Sales Dip in June, Led by Auto Sector
Canada’s retail sector hit a rough patch in June 2024, with sales dipping by 0.3% to $65.7 billion.…
Federal Government Intervenes to End Rail Shutdown Amid Economic Strain
The federal government has stepped in to end the rail shutdown. The swift intervention underscores the significant impact…
Employment Insurance Beneficiaries Rise for Second Consecutive Month
In June 2024, the number of Canadians receiving regular Employment Insurance (EI) benefits increased for the second straight…
Industrial Product and Raw Materials Prices Show Mixed Trends in July 2024
Prices for industrial products and raw materials in Canada exhibited varied trends in July 2024, with certain sectors…
July 2024 CPI Report: Inflation Slows to Lowest Rate Since 2021
According to the latest data released by Statistics Canada, the Consumer Price Index (CPI) for July 2024 revealed…
Canada’s Railways on the Brink: Billions at Stake Amid Impending Shutdown
Canada’s railway system is on the verge of an unprecedented shutdown as labor tensions between the Canada’s two…
Canada Sees Continued Growth in Building Construction Investment for June 2024
Canada’s building construction sector experienced a significant boost in June 2024, with total investment reaching $21.4 billion, marking…
Canada’s Manufacturing Sector Sees Decline in June
Canada’s manufacturing sector faced a challenging June, as sales decreased by 2.1% to $69.6 billion, marking the third…
Canadians Face Growing Financial Strain as Rising Prices Take a Toll
As the cost of living continues to rise, nearly half of Canadians are feeling the pinch more than…