What is a halal mortgage? How interest-free home financing works in Canada – National

The federal government is looking at making Islamic home financing increasingly accessible to help more Canadians break into the housing market. As part of the 2024 federal budget that was released last week, Ottawa said it is “exploring new measures to expand access to alternative financing products, like halal mortgages.” Last month, the federal government started consulting … Read more

Liberals having ‘very good’ budget talks with NDP, says Freeland – National

Descrease article font size Increase article font size The Liberal government is having “very good conversations” with the New Democratic Party over getting this year’s federal budget through the House of Commons, Finance Minister Chrystia Freeland told reporters in Montreal on Monday. Freeland was asked if the Liberals were willing to go to polls if … Read more

Are cellphone bills falling in Canada? Critics question Ottawa’s claims  – National

As the federal government touts measures meant to curb the cost of Canadians’ cellphone bills, some say there is a disconnect between what consumers are paying and the rhetoric surrounding price declines. On Thursday, Prime Minister Justin Trudeau drew the ire of social media users when he posted on X, formerly known as Twitter, that … Read more

Liberal government turning to influencers to appeal to Canadian youth – National

Dennis Mathu and Stephanie Gordon first started posting financial-advice videos on YouTube three years ago — a side hustle that helped to scratch a creative itch. They never imagined it would lead them down some of the most powerful political corridors in Canada. Mathu and Gordon — Steph & Den, as they’re known online — … Read more

Buzz kill? Gen Z less interested in coffee than older Canadians, survey shows – National

Are younger Canadians less interested in coffee than previous generations? A new study shows that Gen Z is the least likely to have a cup of Joe with their breakfast. The study was released Wednesday by Dalhousie University’s Agri-Food Analytics Lab. It found that 30.4 per cent of those in Gen Z, defined as those born … Read more

Ontario premier calls cost of gas ‘absolutely disgusting,’ raises price-gouging concerns

Ontario drivers woke up to an average fuel price of 170.2 cents per litre on Thursday and Premier Doug Ford was among those frustrated by the gas price increase. During a question and answer period at a stop in Oakville, Ont., Ford went off on gas prices, mentioning concerns about price gouging and comparisons to … Read more

Canada’s income gap is growing. Will Budget 2024 help affordability? – National

Higher interest rates last year contributed to the largest gap in income inequality since 2015, according to a new Statistics Canada report. The findings come one day after the federal government tabled its 2024 budget, which one economist says won’t make many short-term differences in Canadians’ bank accounts. The StatCan report released Wednesday said Canada’s … Read more

Shoppers faces proposed class action over claims company is ‘abusive’ to pharmacists – National

A proposed class action lawsuit filed against Shoppers Drug Mart and its parent company Loblaw claims that the companies pressure pharmacists to fill prescription quotas and that their policies can put patients in danger. The lawsuit was filed April 11 at the Ontario Superior Court of Justice by Toronto-based law firm Ricketts Harris LLP. The … Read more

Ottawa looks to launch national flood insurance program within 12 months – National

The federal government says the plan is to implement a long-promised national flood insurance program sometime next year, setting aside $15 million in the 2025-26 fiscal year in Tuesday’s budget. “This is part of a much wider plan, one where we’re looking at how do we do proper mitigation as well,” Emergency Preparedness Minister Harjit … Read more

Tired of after-hours emails? Budget 2024 plans ‘right to disconnect’ – National

If your boss calls, texts or emails after hours, a change being proposed in Budget 2024 could give some Canadian workers the right to ignore them. Ottawa plans to introduce the “right to disconnect” to protect federally regulated workers from constant ringing and pinging off hours. The Liberal government unveiled the proposed amendment to the … Read more