Food, housing prices have monthly food bank use soaring to 2 million
Canada's reliance on food banks has soared to a grim new milestone, according to data from Food Banks Canada. Source
Empire hopes Uber Eats, Instacart partnership will boost e-commerce sales
Sobeys parent company Empire hopes a partnership with Uber Eats and Instacart gives it a bigger chunk of the e-commerce market. Read more. Source
Pierre Poilievre pledges to abolish GST on new homes under $1 million
The Conservative Leader said he would pay for the tax cut by ending Liberal housing policy including the housing accelerator fund. Read on. Source
Scotiabank economist warns Trump win would bring ‘ruinous’ policies
A Donald Trump win would likely bring extreme protectionism, population shock and a debt surge, a Scotiabank economist warns. Read on. Source
Trillium calls on governments to expand manufacturing incentives beyond autos
Trillium is calling on governments to ramp up financial incentives for manufacturers outside of the auto sector. Find out more. Source
Dockworkers at Port of Montreal begin partial unlimited strike
Dockworkers at the Port of Montreal have decided to continue their pressure tactics with a general strike at two terminals. Find out more. Source
Emerging markets fund launched for Canadian pensions as economies mature
Bridgehouse Asset Managers and Ninety One Ltd. are launching an emerging markets equity fund geared to Canadian pension funds. Read more. Source
Macklem says Bank of Canada will have to ‘discover’ neutral rate
Bank of Canada governor Tiff Macklem says the central bank will have to 'discover' the neutral rate as it eases monetary policy. Read more. Source
FedDev Ontario Invests $12M towards Ontario’s Electric Vehicle Sustainability
The Canadian government has announced a strategic investment of over $12 million in combined funding to six Ontario companies from the electric vehicle (EV) sector via the FedDev Ontario funding…
Posthaste: Economists are ripping up their forecasts after Ottawa slashed immigration targets
Economists are ripping up their forecasts for the economy after Canada made massive cuts to immigration targets last week. Find out more Source