Featured News

Job Prospects Poor, Study Predicts

A new report from The Conference Board of Canada suggests job seekers may be in for a tough time in the next few months. The Ottawa-based economic research group said Friday its monthly help-wanted index survey suggests hiring prospects will be poor, falling in 17 of 26 metropolitan areas it surveys, including nine out of […]

Featured News

Inflation Inches Higher

Canada’s inflation rate rose to 3.2 per cent in the 12 months ended in September, pushed higher by price hikes for gasoline and food. Statistics Canada reported Friday that prices for food rose 4.3 per cent in the past year, while energy prices advanced 12.5 per cent. Those factors were the major contributors to the […]

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Mobile Payments Still Years Away

Canadian consumers are ready and willing to pay for everyday goods with their mobile devices but a lot of details have to be ironed out before that can realistically happen, experts say. More than 80% of Canadian industry players feel certain mobile wallets will be “mainstream” in this country within the next four years, a […]

Featured Investing

Loonie Closes at 12-month Low

The Canadian dollar closed below 96 cents US at a 12-month low Friday, as traders moved into more widely traded U.S. dollar denominated securities. The loonie’s official Bank of Canada close was 95.40 cents US, down 1.07 cents. It hasn’t been that low since Sept. 8, 2010. It has lost 1.74 cents this week. Markets […]