Carney critiques Canada-US economic ties
Digest more
Canadian Prime Minister Mark Carney delivered an address about the country's economic ties to the U.S.
Inflation surged in Canada last month thanks to a record jump in gasoline prices, though cost pressures from the conflict in the Middle East so far appear contained and may ensure the central bank continues to leave interest rates steady.
A major airline announced Friday that it is suspending select routes in the U.S., citing soaring jet fuel costs that have made certain operations unprofitable.
By Promit Mukherjee OTTAWA, April 20 (Reuters) - Canada's annual inflation rate rose 2.4% in March, with prices jumping 0.9% on the month, as higher crude oil costs drove up gasoline prices, data showed on Monday.
Canada’s inflation rate surged to 2.4% in March as the Iran war triggered a record increase in gasoline prices, though it came in slightly lower than economists expected.
Air Canada will suspend service to New York’s JFK International airport over the summer, the latest move in an industry struggling with high fuel costs and falling supplies.
Air Canada plans to suspend service to New York’s JFK International airport starting June 1 amid an airline industry struggling with high fuel costs and dwindling supplies.
The war in Iran is pushing up inflation expectations, after sentiment had been improving prior to the conflict, survey data released Monday by the Bank of Canada shows.
Holocaust survivor Nate Leipciger, 98, warns from Auschwitz about growing antisemitism in Canada, calling on the nation to stand up and take action now.
Travellers heading to Japan should take note, as Canada has updated its travel advisory for the popular destination.