Josh Rubin

Province’s budget spends $31 million to battle unregulated operators — an estimated 53 unlicensed stores in Toronto alone.

Tuesday’s release was the last bit of inflation data the Bank of Canada is getting before making its next interest rate announcement in April.

Major pension plans in Canada face a dip in real estate returns as empty offices and high interest rates take their toll on commercial holdings.

The average monthly payment on renewed mortgages rose by $457 per month in the fourth quarter. In Ontario and B.C., the average increase was more than $680 per month.

Aviation experts point to Canada being a large country, airport fees and a lack of political will as reasons discount carriers have trouble surviving.

High interest rates, mass layoffs and recent decline in retail spending point to troubles ahead, according to economic insiders.

Industry publication The Airline Observer reports the two companies were in “advanced” talks about a deal that would see Flair take over Lynx.

Thursday’s announcement came as the company announced quarterly earnings fell to $382 million from $528 million a year earlier.

Financial Services Regulatory Authority of Ontario poll finds 81% of residents are more concerned about necessities like food, mortgages and rent than saving for retirement.

A total of 4,810 Canadian businesses filed for insolvency in 2023, the highest level in 13 years