With reliability problems and charging challenges, two-thirds of Canadians say they’re unlikely to consider an EV for their next purchase
Category: Consumer
Posted inEconomy
Canada GDP declined 1.1% in third quarter
Canada avoided a technical recession. Spending was stable and employee compensation increased 1.3 per cent
Posted inConsumer
SUV sales ‘offset’ carmakers’ electric gains
Greenpeace report found SUVs emit about 12 per cent more CO2 than sedans, but SUVs global sales have “more than doubled” this past decade
Posted inEnergy & Environment
VW weighs staff reductions as electric shift stalls
Following 269 job cuts at an electric car plant, VW possibly looks to offer some staff early retirement or not replace positions of retirees
Posted inConsumer
Lost in the metro? Paris translation app aims to help visitors
‘Tradivia’ will translate tourist queries into French for Paris metro agents, whose responses will be translated into language of the visitor
Posted inPolitics & Policy
Where Ottawa’s economic statement falls short: experts
While some of Ottawa’s promises are good, the economic update fails to address the reasons why many families are struggling financially
Posted inConsumer
Let Canadians choose whether to increase their CPP contributions
Instead of mandating increased CPP contributions, Canadians should have the option of voluntarily contributing more if they have the means and inclination
Posted inConsumer
What do stretched borrowers do at mortgage renewal time?
Ottawa’s new Canadian Mortgage Charter does not remove the stress test requirement for the 71 per cent of borrowers who are uninsured
Posted inConsumer
Canada inflation cools to 3.1 per cent in October
Grocery prices remained high but continued to decelerate, with the cost of fresh vegetables contributing most to the slowdown
Posted inConsumer
US Fed expects interest rates to stay high ‘for some time’
Strong recent economic data has increased the likelihood of a so-called “soft landing” whereby the US avoids a recession