Economy

Major Canadian grocer says expanded price freezes will happen amid new plans to stabilize food prices

Shoppers at a west-end Toronto Sobeys grocery store, Sunday, June 26, 2023. (THE CANADIAN PRESS/Graeme Roy) Major Canadian grocer Empire, the parent company of Sobeys, confirmed it will expand price freezes on several products between November 2023 and January 2024. A month ago, major grocers in Canada did not confirm whether they were committed to special […]

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Canadian Armed Forces to phase out old housing benefit over three years

The facade of the headquarters of the Department of National Defence is pictured in Ottawa, on April 3, 2013. THE CANADIAN PRESS/Adrian Wyld Best CCTV Security Camera in Brampton OTTAWA – Canada’s military has created a new program to gradually phase out its old housing benefit after hearing feedback from members who were set to lose

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“India’s export ban on non-basmati rice triggers panic buying at Sask. grocery stores”

Best CCTV Security Camera in Brampton Sriram Ramamurthy, Manager of Iqbal Halal Foods in Toronto, says customers have been stockpiling rice after India moved to ban export on non-basmati rice. (Nisha Patel/CBC) Best CCTV Camera in Brampton India’s decision to ban the export of non-basmati rice has led to consumers panic-buying and stockpiling Indian rice

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“Mortgage Meltdown Alert: How Bank of Canada’s Record Tightening Campaign is Shaking Lenders’ Confidence”

Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers leave after holding a press conference at the Bank of Canada in Ottawa on Wednesday, July 12, 2023. THE CANADIAN PRESS/Sean Kilpatrick The Bank of Canada’s interest rate hike on Wednesday and prospects of more increases heighten risks to mortgage lenders as homeowners are likely stay in debt longer, struggling to

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