Canada’s economy added 41,000 jobs in February

Unemployment rose to 5.8 per cent, according to Labour Force Survey The Canadian economy added 41,000 jobs in February, fuelled by strong population growth that continues...

Combat NIMBYism with transparency to help resolve Canada’s housing crisis

When it comes to the cost of putting a roof over your head, those who call Canada home today find themselves adrift in dauntingly uncharted waters....

PH shares fall, peso trades at 55-level for 5 days

BIR exempts additional medicines from VAT

MANILA – The Bureau of Internal Revenue (BIR) said 20 additional medicines for cancer, hypertension and mental illness are now exempted from value-added tax (VAT). In...

PH manufacturing output grows in January

MANILA – The country’s manufacturing sector output continued to grow in January this year, data from the Philippine Statistics Authority (PSA) showed. Results of the latest...

Inflation settles at 3.4% in February

MANILA – The government is intensifying its efforts to mitigate the effects of the El Niño phenomenon and help keep the inflation rate within target. The...

It’s time to index fuel taxes

(Version française disponible ici) Raising taxes is generally not a way for our political decision-makers to become popular. This is even more true if these taxes...

What Lynx Air’s failure tells us about the state of the Canadian airline industry

Lynx Air is the latest in a long line of low-cost airlines to fail in Canada. The airline ceased operations on Feb. 26, four days after...

Air Canada joins WestJet in hiking checked-bag fee. Could carry-on charges be next?

Domestic checked-bag fees have climbed 40% since they were introduced in 2014 It comes as no surprise to some industry experts: Air Canada hiked its first...

First-time homebuyer incentive is discontinued, says federal housing agency

Deadline for last round of new or resubmitted applications is midnight ET on March 21, 2024 The first-time homebuyer incentive has been discontinued by the Canada Mortgage...