As the back-to-school season approaches, families across Canada are feeling the pressure of rising costs, with inflation continuing to impact the price of everyday essentials. Although inflation has slowed in recent months, the effects of the past three years of economic strain are still being felt, particularly by those with tight budgets. From school supplies to lunchbox staples, the financial burden on parents is significant, and charitable organizations are also facing difficulties in meeting the needs of struggling families.

The Canadian business landscape is poised for a pivotal week, with several significant events and data releases set to impact the economy. From inflation updates to potential labor disruptions, the coming days will be crucial for industries and markets across the country. Here's a detailed look at the key developments to watch this week.

Starting in November 2024, content creators using the Patreon platform will face a new challenge: a 30% fee on transactions made through the Patreon app on iOS devices. This change, implemented by Apple, will impact how creators manage their earnings and adjust their pricing strategies. The move comes as part of Apple’s broader policy to take a significant cut from transactions conducted via their platform, raising concerns among creators and industry observers alike.

Rents across Canada continue to rise, though at a slower pace than in the past 2½ years. A recent report by Rentals.ca and Urbanation highlights the complex dynamics of the rental market, revealing both regional disparities and overarching trends. This article delves into the key findings of the report, providing a comprehensive analysis of the current state of the rental market in Canada.

Canada has set its sights on re-entering the top 10 global tourism destinations by 2030. After dropping to 13th place on the World Economic Forum's Travel and Tourism Development Index in 2021, Canada improved to 11th place in 2024. However, achieving the goal of reaching 7th place by 2030 presents significant challenges. These include geopolitical issues, the high cost of travel within Canada, and the impacts of climate change. Despite these obstacles, Canada aims to increase annual tourism revenues from $140 billion to $160 billion and boost the sector's contribution to GDP by 40%.