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Canada headed for 'severe' and 'inevitable' recession in 2023: economist

Canada is headed for a 'severe' and 'almost inevitable' recession in early 2023, according to the head of economics at Macquarie Group, which states Canada will face an approximately three per cent contraction in gross domestic product and a five per cent rise in its unemployment rate during the predicted recession.

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Freeland peppered with affordability questions, as MPs set to swiftly pass GST boost

Appearing before the House of Commons Finance Committee on Monday, Deputy Prime Minister and Finance Minister Chrystia Freeland defended the government's response to Canadians' affordability concerns as 'focused' and fiscally responsible. With the passage of the GST rebate-boosting bill through the House all but a foregone conclusion, Freeland was peppered with questions from opposition MPs on a range of topics, including inflation.

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Remains of man abducted in Toronto found in Uxbridge, Ont.

Police say Ariel Kaplan was abducted from Toronto before he was murdered and his body was put in a hockey bag.

Police say Ariel Kaplan was abducted from Toronto before he was murdered and his body was put in a hockey bag.