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Canadian inflation cools to 2.2% in October

Canada's inflation rate dropped to 2.2% in October as gas and grocery prices declined. Explore provincial breakdowns and economic implications for Canadian households.

AI Development Now Limited by Electricity, Not Chips

The AI race is shifting from semiconductor competition to electricity availability. China leads in renewable energy capacity, potentially outpacing US in AI development due to power constraints.

Bank of Canada survey points to 2027 rate hike

A Bank of Canada survey reveals financial markets expect interest rates to hold at 2.25% before rising in 2027, with a 35% chance of recession. Explore the key economic forecasts.

TransAlta Posts Q3 Loss, Shares Drop 13%

Calgary-based TransAlta reports surprising Q3 loss of $8 million, sending shares tumbling over 13% as lower power prices and unfavourable hedging contracts squeeze profitability.

Federal Budget Pivots on Oil and Gas Policy

Canada's latest federal budget signals a significant shift in oil and gas policy, but industry experts warn key implementation details remain uncertain. Explore the implications for carbon capture incentives and clean electricity investments.

Budget shifts oil and gas tone, details unclear

Canada's latest federal budget signals a significant change in tone toward the oil and gas industry, but critical details about investment tax credits and clean energy requirements remain uncertain, leaving industry experts watching closely.

Toronto Home Sales Crash 95% in October

Greater Toronto Area's real estate market experiences unprecedented cooling as home sales crash 95% compared to last October, with prices continuing their downward trend amid rising interest rates.

Calgary Domestic Violence Nears 5-Year High

Calgary police report alarming rise in domestic violence incidents, with 2024 potentially reaching the highest numbers in five years. New strategies and community resources are being deployed to address the crisis.

AI Stock Rally Fades as Global Markets Slump

Global markets retreat as early AI-driven gains evaporate. Asian and European stocks decline while investors await key economic data and Federal Reserve signals.

Metro Vancouver fees hit $897 per home in 2025

Metro Vancouver residents will see regional utility fees jump to $897 per average home next year as the board approves significant increases for water, sewer, and other essential services.

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