One tech firm says Air Canada owes passengers more than $66 million in compensation for strike-related inconveniences — but Canadian laws could make getting that money difficult

After reaching an impasse in negotiations between the Air Canada component of the Canadian Union of Public Employees (CUPE), a 72-hour strike notice was given on August 13. Three days later, over 100,000 Air Canada employees walked off the job in protest. Though it has been over a month since the strike concluded, the effects […]

TD survey finds small business owners still turning to costly credit in emergencies

Canadian small business owners say they’re ready for the unexpected — but their financial choices suggest otherwise. A new TD Insurance survey shows that while nearly all entrepreneurs (94%) have business insurance, just over half (52%) would actually rely on it first in case of an emergency. Instead, many report they would first lean on […]

Most Canadians lack a financial safety net if illness strikes: RBC

Rising costs and household debt aren’t the only financial risks Canadians face — many remain unprepared for the sudden shocks that could derail their income or health. A new survey from RBC Insurance finds most Canadians would struggle to cope with the financial impact of a major illness — and few have a plan in […]

Majority of Canadians don’t think they will ever get to retire, according to HOOPP survey

Affordability challenges and economic uncertainty have many Canadians feeling anxious about retirement. A new survey from the Healthcare of Ontario Pension Plan (HOOPP) and Abacus Data shows that rising costs for housing and everyday essentials are reshaping how Canadians think about their financial futures. Two-thirds (66%) of unretired Canadians now expect they will have to […]

A classic Canadian chocolate bar just got quietly discontinued

If your childhood snack drawer included a Jersey Milk bar, this one might sting. After 75 years on Canadian shelves, Mondelez, the maker behind the confectionary best used for smores, has quietly pulled the plug on the creamy white-wrapped classic, citing low demand. No press release. No farewell tour. Just gone, like the last piece […]

Build Canada Homes launch sparks debate over Ottawa’s role in fixing housing crisis

The federal government has unveiled Build Canada Homes (BCH), a new $13 billion housing initiative aimed at delivering more affordable homes to Canadians. Prime Minister Mark Carney framed it as a major step toward tackling the nation’s long-running housing crisis. “Canada’s new government is relentlessly focused on bringing down housing costs”, Carney said in the […]

Gen Z still relying on parents’ pockets to survive, BMO survey finds

Canadian parents are increasingly serving as a financial lifeline for their adult children, with a new survey showing one in five Gen Zers rely on family support just to cover day-to-day expenses. The findings highlight a deepening trend of intergenerational dependence as young Canadians struggle to balance high living costs with slow wage growth. According […]