Trudeau asserts continued support for Ukraine as G7 summit featuring Zelenskyy ends

Prime Minister Justin Trudeau sent a forceful rebuke of Russia at the conclusion of the G7 Leaders' Summit, which was taken over by the arrival of Ukrainian President Volodymyr Zelenskyy, who hoped to shore up more support for his country. 

The support of allies has been crucial to Ukraine's survival amid a Russian invasion, and countries pushing for a ceasefire must recognize Russia is squarely to blame, Trudeau said Sunday in Hiroshima, Japan. 

Thousands of Canadians missed out on federal housing and dental benefits: report

A new report says hundreds of thousands of Canadians may have missed out on government money intended to help with the rising cost of living because the housing and dental benefits rolled out last year have had "atrocious" take-up. 

The analysis by David Macdonald, senior economist at the Canadian Centre for Policy Alternatives, assesses both benefits, as well as how much the federal government has actually spent on the measures. 

Inflation is easing but Ottawa faces pressure to help those who have fallen behind

Canada's inflation rate likely took another dip last month, but with many Canadians still struggling with the cost of living, the federal government is facing pressure to deliver more help in the upcoming budget.

Statistics Canada is set to release its February consumer price index report on Tuesday, giving its most up-to-date reading on inflation ahead of the federal government's budget on March 28. 

Desjardins and RBC are both forecasting the inflation rate fell to 5.4 per cent last month, down from 5.9 per cent in January.

Here's what you need to know to get a head start on filing your 2022 taxes

The Canada Revenue Agency kicked off its tax season this week by urging Canadians to file their taxes on time — and reminding them that they may be owed money.

The filing deadline of April 30 falls on a Sunday this year, so Canadians have until May 1 to finish filing their taxes. But a looming strike for CRA workers may be on the horizon.

Here's a look at what you need to know, and at some of the new benefits you may qualify for this year. 

It's faster to file taxes online

How much Canadians have fallen behind amid high inflation and who's hurting the most

Inflation has eroded purchasing power for many Canadians, but the experience with rapidly rising prices has been far from uniform. 

While the inflation rate shows how quickly prices are rising, other factors like income and consumption patterns can make it harder or easier for people to cope. 

Here's a look at how high inflation is right now, who's feeling the pinch, and when Canadians can expect inflation to come down.

How high is inflation?

Oilsands execs say they can't invest in decarbonization any faster, despite profits

Oilsands executives insist they are all in on cutting emissions and will make big investments in green technology, but they maintain there isn't a place to invest that money yet.

Many companies are coming off a year of windfall profits not because they pumped out more product, but because the war in Ukraine and global supply chain crunches pushed world oil prices way up.

Environment Minister Steven Guilbeault has said repeatedly over the last year that the companies need to prove their commitment by putting some of that cold hard cash into climate initiatives.

As parents celebrate lower child-care fees, will provinces keep up with demand?

Nour Alideeb and her partner are trying to decide what to do with the hundreds of dollars they're now saving on child care for their two-year-old son.

Parents are seeing their child-care fees reduced by 50 per cent, on average, as part of the federal government's early learning and childcare agreements with provinces and territories. 

For Alideeb and her family in Mississauga, Ont., that means about $700 in savings each month. 

As politicians played inflation blame game in 2022, what really drove rising prices?

Some called it "Justinflation." Others called it "greedflation."

But reality might be a lot less catchy than the wordplay that has taken off in Canadian politics this year.

After enjoying decades of a relatively low and stable inflation rate, Canadians spent 2022 grappling with the highest levels of inflation seen in nearly 40 years.

With the rising cost of living exacerbating pre-existing affordability concerns, politicians raced to point fingers at what — or who — they thought was really causing the problem.

Inflation rate drops slightly to 6.9% in September even as food costs climb

Canada's annual inflation rate dropped slightly to 6.9 per cent in September but the cost of groceries continues to climb.

In its latest consumer price index report, Statistics Canada said the slight deceleration from 7.0 per cent inflation in August is mostly attributed to lower gas prices, which fell by 7.4 per cent in September.

Meanwhile, grocery prices rose at the fastest rate since August 1981, with prices up 11.4 per cent compared with a year ago.

Statistics Canada said food prices have outstripped the overall inflation rate for 10 consecutive months.

Legislation to temporarily boost GST rebate expected to pass this week

Legislation to temporarily double GST rebates to help low- and modest-income Canadians cope with high inflation is expected to pass the House of Commons later this week.

Finance Minister Chrystia Freeland says the measure is "a balance between compassion and fiscal responsibility."

Freeland appeared at the House of Common Finance Committee Monday where she commended MPs from all parties for supporting the measure.

The bill is expected to come to a final vote in the House of Commons Thursday, after which it will be sent to the Senate.