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Canadians spend more income on housing than almost anyone in the world

Canadians are struggling with steep housing costs, according to a large global survey which found that high mortgage, rent and utility payments are leaving little for saving and investing.

Posted on 10-30-2014 at 11:02 AM

Canadian wages to get ‘moderate’ hike in 2015, report finds

Most workers can expect pay hikes next year that will be just above the anticipated rate of inflation.

Posted on 10-30-2014 at 10:18 AM

Health Canada approves sales of Spartan DNA testing device

A small Ottawa biotechnology company has received Health Canada approval to sell an innovative DNA testing device that will allow quick genetic checks in doctors’ offices or pharmacies.

Posted on 10-30-2014 at 10:01 AM

Suncor profit drops on prices, weaker production

Suncor Energy Inc., Canada's largest oil and gas company, said on Wednesday its third-quarter profit fell by nearly half on lower production and weaker commodity prices.

Posted on 10-30-2014 at 8:29 AM

Harper increases monthly child benefit; unveils income-splitting plan

The Harper government announced two new family focused benefits that will impact millions of households Thursday in addition to the expected income-splitting measures for parents.

Posted on 10-30-2014 at 8:03 AM

Eight women now accuse Jian Ghomeshi of violence, sexual harassment: report

A total of eight women, including a Canadian TV actress, have now come forward with allegations of abuse at the hands of Jian Ghomeshi, the Toronto Star reports.

Posted on 10-30-2014 at 7:38 AM

Poloz says Canada’s economic growth at risk if low oil price persists

Bank of Canada Governor Stephen Poloz says the sudden plunge in the price of crude will knock roughly a quarter percentage-point off economic growth next year.

Posted on 10-30-2014 at 7:26 AM

Bombardier profit cut by half on downsizing charge; revenue surges

Bombardier Inc.’s third-quarter earnings fell almost 50 per cent as the plane and train maker took a $120-million charge related to previously announced job cuts.

Posted on 10-30-2014 at 7:06 AM

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