Thirty years ago, it was normal for a grocery store produce manager or part-time nurse to find the five per cent downpayment needed to buy a home, says mortgage broker Ron Butler. Those days are gone. Now, someone earning $115,000 a year would have trouble buying a house in parts...
Powell says he’ll remain on U.S. Federal Reserve board, denying Trump a chance to name his own appointee
Jerome Powell said Wednesday he plans to remain on the board of the Federal Reserve after his term as chair ends next month "for a period of time, to be determined," saying the "unprecedented" legal attacks by the Trump administration have put the independence of the nation's central bank at...
Lake Huron’s ‘fish city’ is a sign of trouble at nuclear plant, says Ontario First Nation
Saugeen Ojibway Nation is challenging the portrayal of footage of a 'fish city' in the warm waters near Bruce Nuclear Generating Station as a 'fish trap,' raising questions about ecological costs as the operator seeks to raise reactor limits. Read More
How multi-million dollar speculative betting could convert climate change skeptics
An investigation over whether temperature sensors at the Paris airport were tampered with to manipulate winning bets online is putting a new focus on the growing popularity of climate-related wagers. Read More
Oil prices hit new wartime high before easing, as gas prices expected to go up
The price of Brent crude oil briefly surged past $126 US a barrel early Thursday before coming back down as stalled U.S.-Iran talks raised doubts over the reopening of the Strait of Hormuz and a permanent end to the Iran war. Read More
Maker of Dove soap, Axe deodorant warns of small, ‘frequent’ price hikes due to war in Iran
Unilever said on Thursday it would raise prices to soften the hit from higher-than-expected costs driven by the Iran war, even as it reported first-quarter underlying sales growth ahead of analysts' forecasts. Read More
Real GDP rose 0.2 per cent in February says StatsCan, marking four straight months of growth
GDP growth was led by a 1.8 per cent gain in the manufacturing sector, though manufacturing activity was still down compared to a year ago following nearly a year of tariff threats from the U.S. Read More
Indigenous Tourism Association of Canada ‘cash flow’ issues hurting small businesses owed money
Carey Perkins is among several small business owners counting on funding through the Indigenous Tourism Association of Canada they have not received. Read More
Researchers ‘hopeful’ after North Atlantic right whale baby boom
Twenty-three North Atlantic right whales were born during this year's calving season — the highest number in more than 15 years. Read More
Trump signs order authorizing Bridger’s Canada-Wyoming crude pipeline
The proposed project will transport Canadian crude from the U.S.-Canada border to Wyoming. Read More