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Alberta's electricity cost surge helps drive inflation even as energy prices drop
Statistics Canada says a spike in the amount Albertans paid for electricity last month counteracted an overall decline in energy prices in July — and was one of the key reasons cited by the agency as the overall inflation rate ticked up.
Aug 15, 2023 12:18 PM
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Netflix launches gaming test for televisions and computers in Canada
TORONTO — Netflix says it has begun an experiment allowing some Canadians to play its games on their televisions and computers.
Aug 15, 2023 9:46 AM
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Stock market today: Wall Street falls with markets worldwide after weak economic data from China
NEW YORK (AP) — Stocks worldwide are falling Tuesday as China’s faltering recovery raises worries for the rest of the global economy. The S&P 500 sank 0.
Aug 15, 2023 9:46 AM
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Texas sues Shell over May fire at Houston-area petrochemical plant
AUSTIN, Texas (AP) — Texas is suing Shell and is seeking more than $1 million, alleging a fire at the oil giant's Houston-area petrochemical plant damaged the environment.
Aug 15, 2023 9:18 AM
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July home sales see largest annual rise in two years: CREA
July home sales saw the largest year-over-year increase in more than two years, but were little changed from June, the Canadian Real Estate Association said Tuesday. On a non-seasonally adjusted basis, sales edged up 8.
Aug 15, 2023 9:06 AM
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Statistics Canada reports manufacturing sales down 1.7 per cent in June
OTTAWA — Statistics Canada says manufacturing sales fell 1.7 per cent to $71.5 billion in June, led by a drop in sales in the petroleum and coal product, chemical and machinery subsectors.
Aug 15, 2023 9:00 AM
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Ontario Teachers earned 1.9% net return for first half of 2023
TORONTO — The Ontario Teachers' Pension Plan Board says it earned a net return of 1.9 per cent for the first six months of the year. The pension fund's total net assets stood at $249.8 billion at June 30, up from $247.2 billion at Dec. 31, 2022.
Aug 15, 2023 8:19 AM
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Retail sales rose solidly last month in a sign that consumers are still spending freely
NEW YORK (AP) — Americans increased their purchases at retailers last month – for clothing, dining out, online goods and other areas – in a sign that solid consumer spending is still powering a resilient U.S. economy.
Aug 15, 2023 8:04 AM
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Here's a list of July inflation rates for selected Canadian cities
OTTAWA — Canada's annual inflation rate was 3.3 per cent in July, Statistics Canada says.
Aug 15, 2023 6:59 AM
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Here's a list July inflation rates for Canadian provinces
OTTAWA — Canada's national annual inflation rate was 3.3 per cent in July, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: 2.5 per cent (1.7) — Prince Edward Island: 2.
Aug 15, 2023 6:58 AM
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