Penny Wise

North American Allies Fortify Ties for Uncertain Times

Trumpets echoed through Mexico City as Prime Minister Mark Carney stepped into the National Palace, marking a moment that may reshape North American alliances in the face of U.S. political turbulence. On September 18, 2025, Canada and Mexico committed to forging a stronger strategic partnership. Prime Minister Carney and President Claudia Sheinbaum stood united, confronting

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U.S. tariffs could send Canadian drug prices soaring

Patients at Ontario pharmacies may soon face a new threat: U.S. tariffs poised to drive up drug prices and disrupt access to critical medications, putting vulnerable Canadians at risk of being priced out of life-saving treatments. Mehrnaz Asadollahi, owner of Mariposa Pharmacy in downtown Orillia, has seen the cost-of-care equation rewritten before. When Target exited

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Which Canadian city offers the lowest rent in 2025?

Eleven months of steady rent declines would once have sounded like fiction in Canada’s overheated housing market. Yet this August, the numbers delivered a rare burst of optimism for renters from coast to coast. The latest National Rent Report from Rentals.ca and Urbanation paints a nuanced picture. On the surface, average asking rent across the

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Statistics Canada Reports Steepest Job Decline Since 2016

Sixty-six thousand jobs vanished from the Canadian economy in August, driving the unemployment rate to 7.1 percent—the highest outside the pandemic era since 2016, according to fresh figures from Statistics Canada. The August labour report delivered a jolt to both policymakers and workers, revealing a loss that outpaced economic forecasts. Instead of a minor increase,

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Ontario’s student stress crisis: What TD Bank’s survey reveals

Nearly every post-secondary student in Ontario now feels the pinch of financial anxiety, according to a new survey that underscores the growing divide between students’ reality and parental perception. TD Bank’s latest data leaves little room for doubt: 92% of Ontario’s post-secondary students are stressed about their finances as the academic year begins. The numbers

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Police issue urgent warning as counterfeit $100 bills circulate locally

Under the unassuming glow of a bank lobby in Bradford, what appeared to be three crisp $100 bills set a quiet drama in motion—one that now reverberates through Simcoe County’s shops, markets, and kitchen tables. The South Simcoe police have issued a warning after a local resident unwittingly accepted counterfeit $100 bills during an ordinary

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