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Montréal, Québec · Canada
West IslandBlog.

Canada in focus.
The West Island at heart.

Business

Illustrative stock photo: Boxed Water Is Better / Unsplash (Unsplash License). Not a Statistics Canada survey participant. Cropped and resized.

Business

Canadian retail sales rise 4.5% year over year in August

Retail sales reached $76.3 billion in August, up 4.5% from a year earlier, with gains in 15 of 18 commodity classes.

Nov 7, 2026 1 min read

Illustrative stock photo: Andy Holmes / Unsplash (Unsplash License). Not a Labour Force Survey event. Cropped and resized.

Business

Québec unemployment rate falls to 5.7% as Canada’s rises to 6.7%

Québec’s unemployment rate fell in October as fewer people searched for work, while Canada’s rate rose to 6.7%, Statistics Canada reported.

Nov 7, 2026 1 min read

Illustrative stock photo: Canadian banknotes. PiggyBank / Unsplash (Unsplash License). Cropped and resized.

Business

Canada renews 2% inflation target through 2031

The federal government and Bank of Canada have renewed the country’s 2 per cent inflation target and 1-to-3 per cent control range through December 2031.

Nov 6, 2026 1 min read

Illustrative stock photo: modern apartment housing. Isaac Quesada / Unsplash (Unsplash License). Not a financed project. Cropped and resized.

Business

Federal mortgage-insurance rules expand options for small rental projects

New federal mortgage-insurance rules will apply to eligible five-to-50-unit rental projects and new three-to-four-unit developments beginning February 1, 2027.

Nov 6, 2026 1 min read

Illustrative stock photo: Canadian flag at Parliament Hill. Jason Hafso / Unsplash (Unsplash License). Cropped and resized.

Business

Budget 2026 proposes $400 billion in capital investment over six years

The federal government’s Budget 2026 proposes $400 billion in capital investment over six years alongside slower growth in direct program spending.

Nov 6, 2026 1 min read

Illustrative stock image: a container ship in Vancouver’s Burrard Inlet. Photo by Doug Nealy on Unsplash; cropped and resized.

Business

Canada’s merchandise trade surplus widens to $5.4 billion

Canada’s merchandise trade surplus increased to $5.4 billion in September as exports edged up and imports declined, Statistics Canada says.

Nov 5, 2026 1 min read

Illustrative stock photo: ACatInABox / Unsplash (Unsplash Licence). Illustrative of Canadian fuel costs, not a specific forecast price change. Cropped/resized by WordPress.

Business

Bank of Canada sees inflation at or above 3% through much of 2027

Governor Tiff Macklem told MPs that higher oil prices have worsened the inflation outlook, while the Bank forecasts modestly stronger growth.

Nov 4, 2026 1 min read

Illustrative stock photo: Anastassia Anufrieva / Unsplash (Unsplash Licence). Not a Bill S-8 investigation. Cropped/resized by WordPress.

Business

Ottawa introduces Bill S-8 targeting financial crime and illicit mail

The proposed federal bill would tighten money-services registration, restrict large cash transactions and allow lawful mail searches under existing criminal statutes.

Nov 4, 2026 1 min read

Illustrative stock photo: Atlantic Money / Unsplash (Unsplash Licence). Not a Canadian open-banking service. Cropped/resized by WordPress.

Business

Bank of Canada seeks feedback on open-banking accreditation rules

The Bank of Canada is consulting on its first draft supervisory guidelines for participants in consumer-driven banking.

Nov 3, 2026 1 min read