Ana Pereira

Mark Carney’s government announced a $78.3 billion deficit for 2025-26, a number that surpassed earlier projections made by the independent Parliamentary Budget Officer.

The document, published by Employment and Social Development Canada (ESDC) in May, was a question period note — briefing material meant to prepare elected officials if specific topics are brought up by members of parliament during question period.

Negotiations surrounding wages will now move to mediation and, possibly, arbitration — but there will be no immediate strike or lockout.

Canada’s second quarter GDP numbers come in worse than expected.

Therme Group says its finances are solid and, with the unwavering backing of a shareholder, it has never been in danger of failing the stress test.

The warning is included in previously unreported audits. Therme says it doesn't reflect the strong financial footing of the global business.

The Bank of Canada once again hit the pause button on interest rate cuts, despite recent concerns of a recession in the face of U.S. tariffs.

Real gross domestic product (GDP) grew at an annualized pace of 2.2 per cent — higher than Statistics Canada’s early estimate of 1.5 per cent.

Pride Toronto says it unexpectedly lost two more sponsors — Home Depot and Google — just weeks before Pride festivities are set to kick off in late June.

Honda announced the postponement on Tuesday after forecasting a 59 per cent profit decline in the current fiscal year.