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inflation-crisis

Skip the Dishes, parent company laying off hundreds of employees in Canada

by Anas Siddiqui
Skip the Dishes, parent company laying off hundreds of employees in Canada

About 800 Canadian employees are being laid off by Skip the Dishes and its parent company. The workforce reduction will affect approximately 100 Canada-based workerswith Skip the Dishes, the food delivery service’s …

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Mortgage debt is growing at its slowest pace in 23 years — but that could be short-lived, says CMHC

by Anas Siddiqui
Mortgage debt is growing at its slowest pace in 23 years — but that could be short-lived, says CMHC

Mortgage debt grew at its slowest pace in 23 years in February, amid high borrowing costs and reservations related to the Bank of Canada’s key interest rate — but the slowdown likely …

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No concern about ‘diminished supply’ of doctors: health ministry

by Akin Smith
No concern about ‘diminished supply’ of doctors: health ministry

Recruitment and retention of doctors in Ontario is “not a major concern,” the Ministry of Health suggests in arguments it is making in arbitration with the Ontario Medical Association over …

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Nearly 23% of the Canadian population reported food insecurity in 2022

by Anas Siddiqui
Nearly 23% of the Canadian population reported food insecurity in 2022

Nearly nine million Canadians lived in food insecure households in 2022, with 22.9 per cent of the population reporting some form of food insecurity, according to a Statistics Canada report released …

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Bell Canada CEO Mirko Bibic defends job cuts in Commons committee testimony

by Anas Siddiqui
Bell Canada CEO Mirko Bibic defends job cuts in Commons committee testimony

As members of Parliament accuse Bell Canada of corporate greed, the head of the company is defending its decision to cut thousands of jobs, citing a shift in Canadians’ viewing …

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‘On the brink of a crisis’: Canadian Olympic, Paralympic committees call for additional athlete funding

by Virginia Chavez
‘On the brink of a crisis’: Canadian Olympic, Paralympic committees call for additional athlete funding

The Canadian Olympic Committee and Canadian Paralympic Committee requested an additional $104 million in federal funding on Monday. The money would go directly to national sport organizations, whom COC president David Shoemaker …

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Ontario electronics retailer Factory Direct to liquidate stores

by Anas Siddiqui
Ontario electronics retailer Factory Direct to liquidate stores

Toronto Court documents show the discount electronics and home goods retailer wanted to close its 14 stores in the province because it has found the business is “no longer viable.” …

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With Imran Khan in jail, Pakistan gears up for election most voters don’t trust

by Walter Watson
With Imran Khan in jail, Pakistan gears up for election most voters don’t trust

At the top of a winding road in the hills of Islamabad, deep in the backyard of a private home, dozens of people gather and wait for a political rally …

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High interest rates aren’t to blame for housing crisis, Bank of Canada governor says

by Anas Siddiqui
High interest rates aren’t to blame for housing crisis, Bank of Canada governor says

Bank of Canada governor Tiff Macklem says the central bank can’t solve the housing crisis with interest rates because the root cause is a supply shortage. Macklem faced multiple questions on …

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Bank of Canada says government efforts to curb housing crisis will help ‘gradually’

by Anas Siddiqui
Bank of Canada says government efforts to curb housing crisis will help ‘gradually’

The Bank of Canada says record levels of immigration are driving up the cost of housing and recent government efforts to cut the number of non-permanent residents and encourage home building …

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