A motorcycle is parked at a Circle K gas station on June 16 in Austin, Texas. (Credit: Brandon Bell/Getty Images)
It’s Monday, June 22. Here are the top stories we’re following today.
Canadian inflation rate spikes to 3.2% on surging gas prices
Canadian inflation accelerated to its highest level in more than two years in May, as rising gasoline and food prices helped pushed the rate to 3.2 per cent.
The Bank of Canada building in Ottawa.
Bank of Canada to hold on rates as 33% gas inflation masks weak economy, say economists
Here’s what economists think the latest inflation numbers mean for the economy and interest rates.
At its core, your time is your real wealth, and the returns you experience in life come from how you choose to allocate it.
There are three phases of retirement: ‘Go Go, Go Slow and No Go’
When it comes to managing wealth over many years, Martin Pelletier has come to realize that its true value extends well beyond money. Building a nest egg to support a desired lifestyle in retirement is a common and worthwhile goal but the problem is that the habits we rely on to get there often end up standing in the way of finally enjoying it.
Rising energy demand has pushed some to urge the province of Newfoundland and Labrador to reject the current memorandum of understanding and pursue a different approach.
Newfoundland may hold more power in Churchill Falls talks than many think
Some economists are beginning to question whether Newfoundland and Labrador has more leverage than conventional wisdom suggests as it reconsiders a memorandum of understanding signed with Quebec in late 2024 that was intended to govern Churchill Falls after the current contract expires in 2041.
New homes under construction by Reid’s Heritage Homes in Cambridge, Ont., on June 16. The Building Industry and Land Development Association said new home buyers in the Greater Toronto Area are responding positively to the Harmonized Sales Tax new housing rebate.
HST rebate helps drive Toronto new home sales in May, report says
New sales of low-rise homes beat its 10-year average in May and the enhanced Harmonized Sales Tax rebate program might have something to do with it, at least according to the Building Industry and Land Development Association.