Prime Minister Justin Trudeau’s government may have overpaid as much as $32 billion (US$23.5 billion) in COVID-19 benefits during the pandemic largely due to a lack of post-payment verification, the federal auditor general said.
The tight labour market reflected in Statistics Canada’s latest jobs report means the Bank of Canada will need to stay "vigilant" with its interest rate hikes in order to rein in inflation, one economist says.
A report by DesRosiers Automotive Consultants says light vehicle sales in November rose 4.1 per cent compared with last year.
From boosting cash on hand to cutting staff, Canadian banks are taking a variety of strategies to prepare for a widely expected economic slowdown in the year ahead.
Eligible Canadian parents can apply for the new Canada Dental Benefit starting Thursday.
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