Economy, Law & Politics

TORONTO — Home affordability in Canada is improving, according to a new RBC Economics report, but strains remain. The report, released Friday, said home ownership costs in Canada have eased for three consecutive quarters.

Those audits, paid for by the companies being audited, have come under fire for their lack of independence.

OTTAWA — The Finance Department says the federal deficit was $14.5 billion between April and October. That compares to a $15.1 billion deficit over the same period last year. According to the monthly fiscal monitor, revenues were up $26.

Two-month tax holiday saves customers pennies

Inflation, elevated interest rates, market disruptions drove business failures in key sectors

OTTAWA — Prime Minister Justin Trudeau is set to add multiple new names to his cabinet Friday when he shuffles his team days after Chrystia Freeland rattled the party and the government with her sudden resignation as finance minister.

OTTAWA — Finance Minister Dominic LeBlanc says it's not the Liberal government's job to respond to everything U.S. president-elect Donald Trump posts online.

TORONTO — Canada's main stock index slumped again on Thursday, dragged lower by losses in sectors like industrials and real estate, while U.S. markets rose a day after one of their worst declines of the year.

The federal government said the tax hike would take effect on June 25, 2024, but political turmoil in Parliament has prevented it from passing the legislation introducing the change

NEW YORK (AP) — An early rebound for U.S. stocks petered out by the end of the day, leaving indexes close to flat. The S&P 500 edged down by 0.