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Canada’s annual inflation rate goes negative, but food prices rise

OTTAWA (Reuters) - Canada's annual inflation rate fell by 0.2% in April, the first time it has turned negative since 2009, as the coronavirus pandemic slashed energy prices, but the headline figure obscured rising costs...

Canada March wholesale trade down 2.2% on autos

May 20 (Reuters) - Canadian wholesale trade decreased by 2.2% in March from February on weaker sales in the motor vehicles and motor vehicle parts and accessories subsector, Statistics Canada said on Wednesday. Sales were down...

TSX gains as higher oil prices boost energy stocks

(Reuters) - Canada's main stock index rose on Wednesday, lifted by energy stocks as oil prices gained on signs of improving demand due to countries easing lockdown restrictions worldwide and a fall in U.S. crude...

Canada recommends masks, says emergency loans have no cap but many limits

OTTAWA (Reuters) - There will be no cap on the size of Canada's emergency loans to large companies harmed by the coronavirus pandemic but there will be multiple restrictions, the government said on Wednesday, as...

Bank of Canada says downward pressure on inflation likely once shutdown ends

OTTAWA (Reuters) - The Bank of Canada thinks there is likely to be downward pressure on inflation once coronavirus-related shutdowns are lifted, a senior official said on Wednesday, a sign the Bank is in no...

Canadian dollar climbs as investors bet on economic recovery

TORONTO (Reuters) - The Canadian dollar strengthened against its U.S. counterpart on Wednesday as hopes for a global economic recovery boosted equity markets and investors shrugged off domestic data showing deflationary pressures. At 3:07 p.m. (1907...

Airlines say ticket cancellations slowing; business models may change

(Reuters) - Top U.S. airlines and Air Canada on Tuesday reported slower ticket cancellations and an improvement in bookings on some routes, though executives said overall demand remained weak and changes to travel rules may...

Facebook fined by Canada competition watchdog after privacy probe

(Reuters) - Canada's competition watchdog said on Tuesday it had fined Facebook Inc C$9 million ($6.5 million) after an investigation found the social network made "misleading" claims about personal information of Canadians on Facebook and...

Ontario schools to remain shut through the current school year: Premier Ford

TORONTO (Reuters) - Schools in Ontario, Canada's most populous province, will remain closed for the rest of the school year through the end of June, due to the COVID-19 pandemic, Premier Doug Ford said on...

Loonie climbs to three-week high on rising hopes of economic recovery

TORONTO (Reuters) - The Canadian dollar strengthened to its highest in nearly three weeks against its U.S. counterpart on Tuesday as oil prices rose and investors grew more hopeful that the global economy would see...

Canada, U.S. to extend travel ban; Trump muses about cattle block

OTTAWA (Reuters) - Canada and the United States have agreed to extend a ban on non-essential cross-border travel by another 30 days to help the fight against the coronavirus, Prime Minister Justin Trudeau said on...

Retailers cautiously return as Ontario begins reopening

TORONTO (Reuters) - Select retailers and auto dealerships in Ontario opened their doors to a slow trickle of customers on Tuesday after two months of lockdown aimed at preventing the spread of the novel coronavirus,...

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Sunny Summer Weather Welcomes First Weekend of Loosened COVID Restrictions in British Columbia

Warm and sunny weather is in the forecast for much of B.C. as the province heads into its first weekend with eased COVID-19 restrictions. The...

Rare Electric Blue Noctilucent Clouds to Appear in The Skies of Northern Canada

Noctilucent clouds (NLCs), or polar mesospheric clouds, are breathtaking to see. And these are no ordinary clouds. They form in the highest part of...

75 Percent of Canadians Received One Dose of COVID-19 Vaccine, 20 Percent Fully Vaccinated

Over 75 percent of eligible Canadians have now received at least one jab of an approved COVID-19 vaccine while more than 20 percent have...

Canada will Nearly Double Number of Protected Persons Admitted this Year Canada will admit more refugees and their families this year as part of its...

Vaccivan Aims to Make it Easier For Montreal Youth to Get Vaccinated

On Friday, the health agency and its partners launched the Vaccivan, a vehicle specially equipped to administer COVID-19 vaccines, with the goal of boosting...

Canadians Mortgage Debt Grew by $18 Billion in April, Biggest Monthly Gain Ever

Canadians took out almost $18 billion worth of new mortgage debt in April, the fastest monthly increase on record and enough to bring total...

Vietnam Airlines allowed to fly to Canada

After more than half a year of negotiations, Vietnam Airlines has just received the required certificate allowing it to operate flights to Canada and...

Fraser Health to Host 32-Hour “Vax-a-thon” in Surrey This Weekend for People Needing First Dose

Fraser Health has announced what it is calling a 32-hour COVID-19 vax-a-thon from Saturday morning to Sunday night. The immunization clinic at Surrey’s Guildford Recreation...

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