Annual inflation rate increased to 2.9% in March
The annual inflation rate ticked higher in March compared with February, boosted by higher prices for gasoline, Statistics Canada said Tuesday.
One of the measures intended to help students announced by the federal government in April's budget is set to take effect on Sunday.
Last year, the feds doubled the Canada Student Grant for the 2020-2021 school year, setting the maximum amount available at $6,000 for full-time students and $10,000 for students with disabilities.
As of Aug. 1, the doubling of these grants has been extended to July 2023. It's part of the federal government's $4.5 billion in funding for students and recent graduates that was announced as a part of the 2021 federal budget.
"Post-secondary education is an incredible opportunity that all Canadians deserve the chance to pursue," said Employment Minister Carla Qualtrough in a statement. "That is why it is so important that we reduce the barriers for young Canadians with disabilities as they make that transition."
The federal budget also outlined changes to the Repayment Assistance Plan, which allows graduates to defer student loan payments until their income is above a certain threshold. Currently, the threshold is $25,000, but the 2021 budget pledged to increase the threshold to $40,000. However, it's still unclear when this change will be implemented.
Back in April, the government also froze student loan interest on the federal portion of student loans, although the loan repayments themselves weren't frozen for students who weren't on the Repayment Assistance Plan. The budget also extends the student-loan interest moratorium to March 2023.
The annual inflation rate ticked higher in March compared with February, boosted by higher prices for gasoline, Statistics Canada said Tuesday.
An Ontario woman was shocked to find she’d been charged nearly $7,000 after unknowingly using an unauthorized taxi company while on vacation in January.
Canadians will learn Tuesday the entirety of the federal Liberal government's new spending plans, and how they intend to pay for them, when Deputy Prime Minister and Finance Minister Chrystia Freeland tables the 2024 federal budget.
Tim Hortons is launching flatbread pizzas nationally in a bid to pick up more afternoon and evening customers.
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The one thing 9-year-old Cal Clifford wanted more than anything since he was a toddler was a pet octopus.
A couple who owned a Colorado funeral home where authorities last year discovered 190 decaying bodies were indicted on federal charges that they misspent nearly US$900,000 in pandemic relief funds on vacations, cosmetic surgery, jewelry and other personal expenses, according to court documents unsealed Monday.
Just steps from Parliament Hill is a barber shop that for the last 100 years has catered to everyone from prime ministers to tourists.
A high score on a Foo Fighters pinball machine has Edmonton player Dave Formenti on a high.
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B.C. resident Robert Conrad spent thousands of hours on Crown land developing an unusual bond with deer.
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A school teacher who took part in the Quebec version of the Survivor reality TV show took time off work to be a contestant is now out of a job.
A young actor from Prince Edward Island is getting the chance to fulfill a childhood dream, playing the precocious and iconic Anne Shirley on stage.