Economy

Canada Disability Benefit to cost $6.5 billion over five years: PBO Canada Disability Benefit to cost $6.5 billion over five years: PBO

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Canada Disability Benefit to cost $6.5 billion over five years: PBO

Eligible people will start to receive monthly payments of up to $200 in July

By Jonathan Got |June 5, 2025

1 min read

Bank of Canada hearing less ‘catastrophic’ tariff talk from businesses Bank of Canada hearing less ‘catastrophic’ tariff talk from businesses

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Bank of Canada hearing less ‘catastrophic’ tariff talk from businesses

Central bank says business and consumer survey data is key to making decisions amid uncertainty

By Craig Lord, The Canadian Press |June 5, 2025

1 min read

Many homeowners plan to rein in spending as mortgage payments rise upon renewal: TD Many homeowners plan to rein in spending as mortgage payments rise upon renewal: TD

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Many homeowners plan to rein in spending as mortgage payments rise upon renewal: TD

Survey shows some are considering options like delaying renovations or downsizing

By The Canadian Press |June 5, 2025

1 min read

Canada posts largest merchandise trade deficit on record at $7.1B in April Canada posts largest merchandise trade deficit on record at $7.1B in April

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Canada posts largest merchandise trade deficit on record at $7.1B in April

Deficit compares with a $2.3-billion shortfall in March

By The Canadian Press |June 5, 2025

1 min read