The head of the European Central Bank said Tuesday that it will move gradually to combat soaring consumer prices with interest rate hikes in July and September but will keep its options open to "stamp out" inflation if it surges faster than expected.
With inflation reaching a 40-year high, many Canadians have been left in a state of worry. Not only about the rising prices of consumer goods, but whether or not they should continue to save money. It’s not such a simple question, and it depends greatly on your circumstances, contributor Christopher Liew explains in an exclusive column for CTVNews.ca.
As inflation rates soar to the highest they've been in Canada in nearly forty years, nearly half of Canadians say that right now, they're doing worse financially than they were at this time last year.
As Canada’s inflation soars, two ‘extreme couponers’ offer their advice on how to save at the grocery store.
With Statistics Canada reporting a 9.7 per cent increase in food costs over the last year, Canadians are being pushed to find ways to pinch pennies at the grocery stores. Here are some ways to save.
As fuel prices reach record highs and drive inflation, there have been growing calls for governments to temporarily suspend or reduce gas taxes. CTVNews.ca spoke with experts on whether a gas tax holiday makes sense in Canada.
Soaring gas prices helped the annual inflation rate in May soar to its highest level in nearly 40 years, as the rising cost of living for Canadians squeezed household budgets and bolstered expectations the Bank of Canada will opt for a supersized interest rate hike next month.
More Canadians are facing challenges to save for retirement security as inflation continues to soar and markets decline, a new survey has found.
An Ontario student is warning people of the risk that comes with failing to report a lost debit card after $14,000 in fraudulent deposits landed in her RBC account.
Toronto rent prices have risen by 20 per cent over the last year and are now approaching where they were prior to the onset of the COVID-19 pandemic.
The Canada Mortgage and Housing Corp. (CMHC) says 3.5 million more homes need to be built by 2030 to reach affordability.
Almost half of Canadians who rent say they will continue to do so indefinitely and aren't sure when they'll be able to get into the housing market, says a new survey.
A new report outlines the most expensive places in Canada to rent in June, including cities like Toronto and Vancouver averaging over $1,800 a month for a one-bedroom apartment.
The dream of home ownership for many Ontarians may never become a reality, according to a new survey.
TransLink is turning to real estate development as a way to bring in the money it needs for expansion plans, as it deals with the impact of years of decreased ridership.
New research shows house prices in Canada's suburbs grew faster than in downtown areas during the pandemic as remote work spurred a preference for bigger homes.
With interest rates on the rise, entering the housing market for the first time can be a daunting process. If you're looking to purchase your first home, CTVNews.ca wants to hear from you.
John Horgan announced Tuesday afternoon that he will step down as premier of British Columbia.
A jury at a coroner's inquest into the deaths of three women murdered by their former partner is recommending that Ontario formally declare intimate partner violence an epidemic and establish an independent commission dedicated to eradicating it.
Several people have been shot, two suspects have been arrested and police are searching for a possible third suspect after an attempted bank robbery in Saanich, B.C.
An Ontario community is reeling after a 23-month-old boy died when he was accidentally left in a hot car outside the school where his mother taught, the mayor says.
Ontario's police watchdog is investigating after Ottawa police officers shot and killed a man and injured a woman while responding to the stabbing deaths of two women.
The Montreal police's anti-gang squad has seized 'a significant quantity' of weapons and drugs in a joint-department operation running from Toronto to Quebec.
A Missouri Department of Transportation plan released this year cited a need to improve safety at the rail crossing where an Amtrak train and a dump truck collided, resulting in the deaths of four passengers and the truck driver.
The first 10 years of Syria's conflict, which started in 2011, killed more than 300,000 civilians, the United Nations said Tuesday -- the highest official estimate to date of conflict-related civilian deaths in the country.
France's president denounced Russia's fiery airstrike on a crowded shopping mall in Ukraine as a 'new war crime' Tuesday and vowed the West's support for Kyiv would not waver, saying Moscow 'cannot and should not win' the war with its neighbour.
Scotland's First Minister Nicola Sturgeon announced plans on Tuesday for a second referendum to be held on Scottish independence in October next year, vowing to take legal action to ensure a vote if the British government tried to block it.
The House Jan. 6 committee held a surprise hearing Tuesday delivering alarming new testimony about Donald Trump's angry, defiant and vulgar actions as he ignored repeated warnings against summoning the mob to the Capitol and then refused to intervene to stop the deadly violence as rioters laid siege.
A drone strike by the U.S.-led coalition in northwestern Syria killed a senior member of an al-Qaeda-linked group, Syrian opposition activists and the U.S. military said Tuesday.
Mary Mara, an actress known for roles on 'ER' and 'Ray Donovan,' has died, her manager, Craig Dorfman, said in a statement to CNN. She was 61.
A representative for Johnny Depp has denied a recent report the actor would be returning to the 'Pirates of the Caribbean' franchise.
Montreal-raised comedian Nick Nemeroff died on Monday, leaving comedy fans across Canada grieving. He was 32.
Following the U.S. Supreme Court's decision to overturn Roe v. Wade, a number of states south of the border have stopped performing abortions. If you're a Canadian who has had an abortion, CTVNews.ca wants to hear from you.
With the overturning of Roe v. Wade opening the door to abortion bans in the U.S., Canadian Tiktokers are welcoming Americans who are considering travelling north of the border to get an abortion.
The European Medicines Agency says it will begin reviewing data to decide if a smallpox vaccine made by the pharmaceutical company Bavarian Nordic might also be authorized for monkeypox, amid a growing outbreak of the disease across the continent.
A scathing letter from an RCMP communications manager released today says RCMP Commissioner Brenda Lucki referred to direct pressure from the federal public safety minister to release firearm details in the days after the Nova Scotia mass shooting.
At a time of enhanced global uncertainty and growing Chinese influence, the Canadian government faces mounting pressure to appoint a diplomatic representative in Beijing after the post has sat vacant for six months.
The federal Liberal government has agreed to provide sensitive cabinet documents to the inquiry examining its use of the Emergencies Act during the "Freedom Convoy" protest.
Fossils of early human ancestors from a South African cave are 3.4 million to 3.6 million years old -- making them a million years older than previously suspected and shaking up the way researchers understand human origins and evolution.
German officials said Monday that numerous priceless artifacts taken from African nations during colonial times will be permanently returned.
A U.S. Navy destroyer that engaged a superior Japanese fleet in the largest sea battle of the Second World War in the Philippines has become the deepest wreck to be discovered, according to explorers.
