Sure, it may be very expensive to buy a home in Canada, but don’t forget it’s also very expensive to rent one—and getting pricier every month, as average rents across the country have returned to their pre-pandemic high of nearly $2,000, according to new data from Rentals.ca.

Why it’s happening: The reversal of two pandemic-era trends—the flight from cities and rock-bottom interest rates—is driving the rent surge.

The global food crisis wreaking havoc on the world’s poorest nations is also taking its toll on Canada’s most remote northern communities.

As the post-pandemic wedding boom picks up in Canada, so are bachelor and bachelorette festivities. The only problem? They’ve become more expensive than ever (thanks, inflation). 

As Canadian employers face the lowest unemployment rate in decades, they’re moving to fill roles with temporary foreign workers (or TFW, for short), per The Globe and Mail. 

The Canadian housing prices will fall by ~25% from recent all-time highs by the end of next year, according to a new report from Desjardins.

The Canada Pension Plan Investment Board (CPPIB) posted a loss of 4.2% last quarter, or roughly $16 billion—that sounds bad, but it actually outperformed the market (the S&P/TSX Composite Index fell nearly 9% in the same time frame) and other Canadian pension plans.

When Russia invaded Ukraine back in February, sanctions sounded like the right idea: Squeeze Russia’s economy until the fallout renders it unable to continue fighting the war.

But in reality, things have played out a little bit differently. 

La vita isn’t very dolce right now for Domino’s after the pizza chain failed to take off in the saucy dish’s birthplace.

Extreme heat and low rainfall threaten to dry up a key part of the Rhine river, blocking passage through one of Europe’s most important shipping routes.

As a wave of economic uncertainty hits Big Tech, Microsoft is reining in the fun money.  

Android users know that there is no greater indignity than being the only green bubble in a friend group of iPhone users. Google is now stepping up to fight this injustice. 

Just when you thought things couldn’t get any worse for Canada’s airlines and airports, the government has launched an investigation into the flight cancellations making headlines. 

Did you know that Netflix has games? You’re not alone if you answered no: 99% of its subscribers have never experienced the joy of playing Exploding Kittens, Hextech Mayhem, or any other game on the platform. 

Hospital shutdowns that began in small communities have now spread to big cities, as provincial healthcare systems strain under devastating nursing shortages. 

If you find yourself hailing a ride in Wuhan and Chongqing, you won’t have to worry about making awkward chitchat with the driver… because soon, there won’t be one.   

“I am ashamed of myself for being so elated by big profits in the past” are not exactly the words you want to hear from your CEO ahead of a make-or-break earnings report. 

The US Senate passed large parts of President Biden’s domestic agenda yesterday in a landmark bill that will spend almost US$400 billion on clean energy programs and put the White House’s climate goals within reach.

Why it matters: As a former Prime Minister once said, living next to the United States “is like sleeping with an elephant [...] one is affected by every twitch and grunt.” And hundreds of billions of dollars in new spending—quite a bit more than a twitch—is going to reverberate through Canada’s economy. 

Big battles over energy policy aren’t just for Western Canada anymore. Environmental groups are gearing up to fight plans to build new energy infrastructure on the East Coast that would export liquefied natural gas (LNG) from Canada to Europe.

What happened: Major environmental campaigners, including the Sierra Club and Greenpeace, launched the “StopTheGas” coalition last week to oppose LNG projects on the East Coast. 

What do Amazon and your mom in 2013 have in common? They both wanted a Roomba.