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Today: Business News

No need for another rate cut, Bank of Canada decides
BoC Interest Rates 20140122

The Bank of Canada keeps its benchmark interest rate steady at 0.75 per cent, a sign the bank thinks there's no need for another move just yet after cutting the rate in January for the first time in five years.

Wed, 4 Mar 2015 10:09:43 EST


U.S. Senate fails to override Obama's Keystone XL veto
Senate Keystone HOeven

Senate Republicans have failed to muster enough votes to overrule U.S. President Barack Obama's recent veto of a bill that would have appproved the Keystone XL pipeline.

Wed, 4 Mar 2015 15:16:15 EST


Seniors' discounts should be scrapped, study suggests
2-new-springdale-seniors-bus-20140625_1

A new report is calling on municipal governments to scrap seniors' discounts, saying the elderly are no longer as badly off as they were in the 1960s and '70s when the discounts started.

Tue, 3 Mar 2015 19:21:16 EST


Tax time 2015: What's new this year
soccer-fitness-tax-credit

Every year, the federal government tinkers with the rules that determine how much income tax we pay. This year, as Canadians prepare to file their 2014 returns, we highlight 10 changes that could affect how much you owe - or how much you save.

Mon, 2 Mar 2015 05:00:00 EST


'Leanwashing' marketing tactic used to drive junk-food sales
Marshawn Lynch

A team of researchers from international universities, including Simon Fraser in Vancouver, coined the term "leanwashing" last year. It was in response to a trend in advertising that links eating junk food while increasing physical activity.

Wed, 4 Mar 2015 17:00:00 EST


$1M now the entry price for average detached home in Toronto
Toronto skyline

The average price of a detached home in Toronto within the 416 area code has now surpassed $1 million.

Wed, 4 Mar 2015 12:18:22 EST


Canadians' debt load topped $1.5T last year, including mortgages
debt credit card

Canadian consumers are continuing to pile on debt despite economic uncertainty created by the sharp drop in oil prices.

Tue, 3 Mar 2015 17:35:38 EST


Coffee sales down 3%, but Canadians still love their coffee shops
hi-mcdonalds-coffee

Canadians are ordering coffee less, but still turning up at the local coffee shop, according research from the NPD Group.

Wed, 4 Mar 2015 16:07:05 EST