Statistics Canada is set to release its reading on inflation for January this morning. The federal agency's consumer price index report will give insight on how high prices were in January compared with a year ago, as well as the month prior.
Airports that lost millions of dollars during the pandemic are now trying to recoup some of the losses as travel picks up again. To do this, many are increasing the "user-pay" system that generates revenue from passengers, fuel and aircraft fees.Canadians now believe they need $1.7 million in savings in order to retire, a 20 per cent increase from 2020, according to a new BMO survey.
With the spring break travel season approaching, those looking to flee the cold, wet Canadian snow for sunnier skies will likely be met with a hefty price tag for their getaway, with inflation and increased demand pushing costs up.When selling a home, Canadians may be exempted from paying capital gains tax on a residential property -- if it's their principal residence. On CTVNews.
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