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Tag Archives: Costs

Ottawa’s fiscal wiggle room squeezed by rising debt costs, watchdog says – National

The Liberal government is facing a tough fiscal position heading into the 2024 budget, according to new projections from the Parliamentary Budget Officer. Ottawa is simultaneously dealing with rising debt costs and a slowing economy, both of which are fuelled by decades-high interest rates from the Bank of Canada as …

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IVF, fertility help costs are rising. For many that means ‘reconsidering’ – National

Cayley Benjamin and her husband sought fertility treatment after many months of trying to have another child — one of the many Canadians who turn to medical help, but increasingly struggle with the costs. “We were able to conceive and I had a miscarriage just over two years ago,” she …

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B.C. lawyer who used fake, AI-generated cases faces law society probe, possible costs

A British Columbia lawyer alleged to have submitted bogus case law “hallucinated” by an AI chatbot is now facing both an investigation from the Law Society of B.C. and potential financial consequences. Earlier this month, it was revealed that lawyer Chong Ke allegedly used ChatGPT to prepare legal briefs in …

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Canadian workers included in Wayfair layoffs as online retailer looks to trim costs

By Staff The Canadian Press Posted January 19, 2024 8:01 am Updated January 19, 2024 11:03 am Descrease article font size Increase article font size Wayfair says about 50 Canadians are part of a layoff impacting 1,650 employees at the home goods company. Spokesperson Susan Frechette says the 50 Canadians …

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Canadians are contributing less to TFSAs as monthly costs soar: survey – National

Canadians are contributing less to a tax-free savings account (TFSA) while basic monthly living expenses have increased, according to a new survey by BMO. The online survey of over 1,500 adults was conducted Nov. 3-8, 2023, and found that basic monthly costs rose $397 year-over-year as 68 per cent of …

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Holidays bringing gift of patronage to restaurants, but rising costs playing Scrooge – Winnipeg

The holiday season is a welcomed time of year at Silver Heights Restaurant, but rising costs cast a threatening shadow over colourful lights and tasty treats. “November and December are our crucial months,” said Tony Siwicki, the restaurant’s owner. Between social gatherings and parties, he said he has more customers …

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City of Vancouver seeks $66k for beached barge costs from 2021-22 – BC

Descrease article font size Increase article font size A popular photo backdrop on a Vancouver beach last year racked up thousands of dollars in costs — including removal and security. The City of Vancouver said it is seeking reimbursement for more than $66,000 in costs associated with the nine-month beaching …

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Toronto area fare integration set to boost ridership, halve costs for some commuters

Fare integration across the Greater Toronto Area could be used almost 160,000 times per day and attract thousands of new public transit riders, according to the province’s internal estimates of the impending policy. The Ford government is set to eliminate costly double fares across the GTHA in early 2024 — …

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More Canadian soldiers seek donations to help with high housing, food costs: memo – National

The military’s chaplain-general says morale among troops is the lowest it’s been in recent memory as many soldiers struggle with the cost of living. In a briefing note sent to the chief of the defence staff, Gen. Wayne Eyre, chaplains say more Armed Forces members have been asking for help …

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Companies have been quick to pass higher costs on to customers, BoC finds – National

By Staff The Canadian Press Posted October 3, 2023 8:55 am Descrease article font size Increase article font size Bank of Canada deputy governor Nicolas Vincent says businesses are still raising their prices more frequently and by larger amounts than they did before the pandemic, which is contributing to higher-than-expected …

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