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Manitoba to raise minimum wage to $15.30 in October under inflation-tied formula

Manitoba to raise minimum wage to $15.30 in October under inflation-tied formula

WINNIPEG — Manitoba's minimum wage is to rise to $15.30 an hour on Oct. 1 to help low-income earners deal with the rising cost of living, the provincial government announced Wednesday.
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Paying down debt, money for health care: Highlights from the Saskatchewan budget

Paying down debt, money for health care: Highlights from the Saskatchewan budget

REGINA — Saskatchewan Finance Minister Donna Harpauer tabled the province's 2023-24 budget on Wednesday. Here are some of the highlights: -- Forecast surplus of nearly $1 billion, with almost all going to pay down debt.
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S&P/TSX composite, U.S. markets down Wednesday after Federal Reserve hike

S&P/TSX composite, U.S. markets down Wednesday after Federal Reserve hike

TORONTO — Markets in Canada and the U.S. sank in the last hour of trading Wednesday, with U.S. markets down around 1.6 per cent after the Federal Reserve hiked interest rates.
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BoC was still concerned about potentially sticky inflation as it held interest rate

BoC was still concerned about potentially sticky inflation as it held interest rate

OTTAWA — The Bank of Canada didn't discuss raising interest rates earlier this month in its deliberations, but members were still concerned inflation might be harder to bring down than expected.
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GM to stop making the Camaro but a successor may be in works

GM to stop making the Camaro but a successor may be in works

DETROIT (AP) — The Chevrolet Camaro, for decades the dream car of many teenage American males, is going out of production. General Motors, which sells the brawny muscle car, said Wednesday it will stop making the current generation early next year.
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St. Lawrence Seaway shippers eye EV materials, but grain and ore remain the staples

St. Lawrence Seaway shippers eye EV materials, but grain and ore remain the staples

SAINT-LAMBERT, Que. — Shippers who ply the St. Lawrence Seaway view critical minerals for electric vehicle batteries as key to their future — but it could be a while before the floodgates open on Canada's largely untapped reserves.
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Shake Shack to come to Canada in 2024 with first location set for Toronto

Shake Shack to come to Canada in 2024 with first location set for Toronto

TORONTO — Canadians with a hankering for Shake Shack's juicy burgers and hand-spun milkshakes soon won't have to cross the border to satisfy their cravings. Toronto-based private investment firms Osmington Inc. and Harlo Entertainment Inc.
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Under oath, Boris Johnson denies he lied over 'partygate'

Under oath, Boris Johnson denies he lied over 'partygate'

LONDON (AP) — Former British Prime Minister Boris Johnson insisted “hand on heart” Wednesday that he never lied to lawmakers about rule-breaking government parties during the COVID-19 pandemic, mounting a robust defense at a hearing that could damage
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Canada needs 300,000 new rental units to avoid gap quadrupling by 2026: report

Canada needs 300,000 new rental units to avoid gap quadrupling by 2026: report

TORONTO — Canada's rental housing shortage will quadruple to 120,000 units by 2026 without a significant boost in stock, Royal Bank of Canada said in a report Wednesday.
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Canadian home sales expected to pick up in spring but inventory still lags

Canadian home sales expected to pick up in spring but inventory still lags

TORONTO — With two kids under the age of six living in a two-bedroom, one-bathroom household, Jacquelin Forsey and her husband have long known it would only be a matter of time before their family outgrew their beloved home.
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