Young Canadians’ economic futures are at risk if affordability issues driving up the cost of housing and debt persist, Statistics Canada says in a new report.

A new survey from KPMG Canada found 94 per cent of respondents agreed that high housing costs and a lack of supply are the top risk to the economy.

With $23 million from the third round of the federal government's Rapid Housing Initiative, two low-rise apartment buildings will create at least 64 new units.

With the carbon price set to increase by $15 per tonne on April 1, Pierre Poilievre has spent the past month hosting rallies and releasing new ads calling to “spike the hike.” Watch video →

According to Bloomberg News, Canada is set to toughen its foreign investment regulations in specific sectors, based on an interview with Innovation Minister Francois-Philippe Champagne.

Since December, attacks by Iran-backed Houthi militants have caused shippers to avoid the Red Sea and reroute around Africa, benefiting the Port of Vancouver.