Saturday Jul 02, 2022

Amazon raises Prime membership rates for Canadians for 1st time

Amazon is raising the price of its Prime membership in Canada. The e-commerce giant’s subscription service, which offers free shipment on many items, access to its Prime Video streaming platform and an array of other benefits, will begin phasing in higher fees for new subscribers immediately. Existing users will see their price jump starting next […]

Rent up 3% from last year even as vacancy rates held steady: CMHC

Canadian tenants faced another year of affordability challenges as rents crept up nationally and were particularly high in Vancouver and Toronto. The findings from Canada Mortgage and Housing Corp.’s annual rental market report released Friday show the average rent for a two-bedroom home in the 37 areas the federal housing agency studied increased to $1,167 […]

Central banks talk about inflation, but are they losing credibility when interest rates don’t budge?

Both the Bank of Canada and the U.S. Federal Reserve say they are really, really going to raise interest rates very, very soon. But in separate news conferences on Wednesday they made it clear that neither of them are ready to do it just yet. With the Canadian dollar surging above 80 cents US last week, there […]

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