Canada’s annual inflation rate increased to 2.4 per cent in March, up from 1.8 per cent in February, according to a report released Monday by Statistics Canada. The agency said this marks the highest level recorded since December of last year. According to Statistics Canada, the increase was largely driven by a sharp rise in gasoline prices. The report links the surge to geopolitical tensions in the Middle East involving Iran, which have affected global oil markets. Gasoline prices rose 21.2 per cent on a monthly basis in March, representing one of the largest increases on record, the agency

Canada's renowned business personality Manjit Minhas was in Surrey on Thursday. She attended the Surrey and White Rock Women in Business Awards. Meanwhile, in an exclusive conversation with Connect Media Network, she discussed business, investment, start-ups, Dragon's Den and some unique problems faced by women in business.Manjit Minhas in conversation with Connect Media Network News Director, Pervez Sandhu. (Photo - Connect FM)How to make start-ups successful?In an exclusive conversation with Connect FM, when Manjit Minhas was asked about making a start-up successful, she said that many peopl

Prime Minister Mark Carney says the federal government will host a new Canada Investment Summit in Toronto this fall, aimed at attracting up to $1 trillion in investment for major projects over the next five years. According to a statement from the Prime Minister’s Office, the summit will bring together global investors, chief executives and business leaders on Sept. 14 and 15 to advance what it describes as “nation-building projects.” The federal government is organizing the event in partnership with the Canada Pension Plan Investment Board and the Public Sector Pension Investment Board

Canada Post says it has begun preliminary work to phase out most door-to-door mail delivery, starting consultations with unions and communities as part of a multi-year transition. According to a Canada Post news release, the Crown corporation plans to convert approximately four million addresses to community mailboxes over the next five years. The change will be rolled out in stages, with different regions shifting to centralized mail delivery each year. The corporation says discussions are underway with 13 communities across the country, including Ottawa and Winnipeg. The first phase is expec

Conservative Leader Pierre Poilievre says he will not step down following significant losses for the party in three federal byelections held April 13. According to preliminary results, the Conservatives saw their vote share drop by more than 10 percentage points in all three ridings. The sharpest decline was reported in the Terrebonne riding in Quebec, where support fell from 18.2 per cent in the 2025 federal election to 3.3 per cent. Dimitri Soudas, a former communications director to ex-prime minister Stephen Harper, described the results as a warning sign for the party. He said the drop in

The Liberal Party led by Prime Minister Mark Carney has secured a majority government following victories in three federal byelections held Monday, according to preliminary election results. The party now holds 174 seats in the House of Commons, surpassing the 172 seats required for a majority. According to Elections Canada results, Liberal candidates won comfortably in the Ontario ridings of University–Rosedale and Scarborough South West, while narrowly capturing Terrebonne in Quebec by roughly 700 votes. This marks the first time in Canadian history that a governing party has moved from mi

Voters are heading to the polls in three federal byelections today that are expected to determine whether the governing Liberals secure a majority in the House of Commons. Two of the ridings are long-held Liberal seats in the Toronto area, while a third contest in Terrebonne, Que., is considered competitive between the Bloc Québécois and the Liberals. The Quebec riding is being closely watched as it could decide whether the government crosses the majority threshold. According to Elections Canada, the byelections were called to fill vacancies left by former Liberal MPs Bill Blair and Chrystia

Statistics Canada is set to release its March labour force survey Friday, offering the latest snapshot of Canada’s job market after a sharp slowdown at the start of the year. According to a Reuters poll of economists, the economy is expected to have added 15,000 jobs in March. That would follow losses totalling more than 100,000 positions in January and February combined, based on previous labour force data. The same poll projects the national unemployment rate will edge up to 6.8 per cent. Economists at RBC, however, expect the rate to hold at 6.7 per cent, citing modest hiring conditions t

British Columbia Premier David Eby says a proposed move to suspend sections of the province’s Declaration on the Rights of Indigenous Peoples Act is intended to address legal uncertainty, not weaken First Nations rights. In a letter to Indigenous leaders, Eby wrote that the government is considering a temporary pause on certain provisions of Declaration on the Rights of Indigenous Peoples Act to clarify how land use and resource management decisions are made. According to the letter, the goal is to resolve uncertainty that has emerged in regulatory processes. Eby has previously argued that a