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Jesse Kline: Sobeys is not to blame for high food prices — government is: Empire CEO right to push back 'armchair quarterbacks' blaming business for inflation
nationalpost.com/opinion/jesse-kline-sobeys-is-not-to-blame-for-high-food-prices-government-is
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Grocery prices in Canada continue meteoric ascent, rising at fastest pace since 1981
nationalpost.com/pmn/life-pmn/food-life-pmn/grocery-prices-in-canada-continue-meteoric-ascent-rising-at-fastest-pace-since-1981
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Jesse Kline: Sobeys is not to blame for high food prices — government is: Empire CEO right to push back 'armchair quarterbacks' blaming business for inflation
nationalpost.com/opinion/jesse-kline-sobeys-is-not-to-blame-for-high-food-prices-government-is
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Grocery prices in Canada continue meteoric ascent, rising at fastest pace since 1981
nationalpost.com/pmn/life-pmn/food-life-pmn/grocery-prices-in-canada-continue-meteoric-ascent-rising-at-fastest-pace-since-1981
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Canada Inflation Ticks Up to 2.9% on Higher Gas Prices: Canadian consumer prices reaccelerated slightly as expected due to higher gasoline prices ...
bloomberg.com/news/articles/2024-04-16/canada-inflation-ticks-up-to-2-9-on-higher-gas-prices
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Quick Glance: Canadian Inflation Rises Due to Increase in Gasoline Prices
- Canadian consumer prices saw a slight increase, primarily due to higher gasoline prices. Core metrics indicated further progress in disinflation, prompting the central bank to prepare for a shift to looser monetary policy as early as June or July.
- In March, the consumer price index rose by 2.9% compared to the previous year, up from the 2.8% reported a month earlier. Excluding gasoline, the index slowed to 2.8% from the previous year, in contrast to February's 2.9%.
- However, indications of underlying price pressures decreased. The averages of the Bank of Canada's two core measures decreased to an annual rate of 2.95%, weaker than anticipated. Following the release, yields on two-year Canadian government bonds dropped by approximately 10 basis points to 4.18%.
- The March inflation data suggest that the decline in core metrics this year is not temporary. Bank of Canada officials are now waiting to be convinced that the path to the 2% target can be sustained before making adjustments to monetary policy.
Canada’s Retail Sales Flatlined in the First Quarter: Canadian consumers haven’t tightened their belts this much in nearly a year, and there are no signs of ...
bloomberg.com/news/articles/2024-04-24/canada-s-retail-sales-flatlined-in-the-first-quarter
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First Quantum Minerals cuts debt by over $1 bln in first quarter: Canadian miner First Quantum Minerals said on Tuesday that it has cut its debt by $1 ...
reuters.com/markets/commodities/first-quantum-minerals-cuts-debt-by-over-1-bln-first-quarter-2024-04-23/
Quick Glance: First Quantum Minerals Reduces Debt by Over $1 Bln in First Quarter
- Canadian mining company First Quantum Minerals announced a $1.14 billion debt reduction in the first quarter.
- With a series of capital restructuring measures, the company aims to strengthen its balance sheet and cut debt to achieve operational goals.
- The company's total debt as of March 31 is $5.99 billion, down from the previous $7.38 billion.
- Despite a $159 million net loss due to the closure of the Cobre Panama mine, the company posted a $75 million profit in the year-ago quarter.
Body of Canadian father missing after he dies in Cuba: His family is demanding answers from Canadian officials after they were sent back the wrong body.
bbc.com/news/world-us-canada-68885840
Honda to build electric vehicles and batteries in Ontario, says source: Honda will build electric vehicles and their parts in Ontario with financial support from ...
reut.rs/3UrdpUj
Quick Glance: Honda's Major Investment in Electric Vehicle Factory in Ontario
- According to sources from federal and provincial government levels, Honda is planning to establish a significant new electric vehicle facility in Ontario.
- The forthcoming announcement of the agreement is expected to take place at Honda's facility in Alliston, where plans for a comprehensive project to manufacture electric vehicles, batteries, and components will be revealed.
- Honda's investment in Alliston is projected to surpass the existing major projects in the electric vehicle production sector in Ontario.
- The disclosure of the agreement with Honda is seen as a significant step in the government's efforts to attract companies for establishment in Canada within the emerging electric vehicle industry.
The Eurozone economy is growing surprisingly strongly: The purchasing managers' index rose by 1.1 to 51.4 points, the highest value in eleven months ...
diepresse.com/18396920/wirtschaft-der-eurozone-waechst-ueberraschend-stark
Why measles vaccination needs to be a top priority: Measles cases in Ontario are on the rise, and we all need to do our part to stop the spread
theglobeandmail.com/opinion/article-why-measles-vaccination-needs-to-be-a-top-priority/
Dashcam video shows dramatic rescue from burning car: Drivers in Minnesota stopped in the middle of a highway to help pull a man out from a vehicle on fire.
bbc.com/news/av/world-us-canada-68860065
Bunge-Viterra agriculture merger runs into Canada competition concerns: Canada's Competition Bureau on Tuesday said it found major competition concerns around U ...
reuters.com/markets/deals/canadian-competition-bureau-has-major-concerns-about-proposed-bunge-viterra-2024-04-23/
Shortages key to copper's upward price trajectory to new peaks: Upward momentum that has propelled copper prices to within a whisker of the psychological $10 ...
reuters.com/markets/commodities/shortages-key-coppers-upward-price-trajectory-new-peaks-2024-04-23/
West is best? How we stack up against Australia: Running a quick stock take on the NZ and Aussie economies, Australia comes out on top.
newsroom.co.nz/2024/04/23/west-is-best-how-we-stack-up-against-australia/
Ukrainian politician calls for more military aid from Canada: Chair of Ukraine’s commission on arms control says Ukraine is hoping to receive shells, missiles ...
theglobeandmail.com/world/article-ukrainian-politician-calls-for-more-military-aid-from-canada/
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Canada's planned capital gains tax hike may choke mining startups, dealmakers say
reuters.com/markets/commodities/canadas-planned-capital-gains-tax-hike-may-choke-mining-startups-dealmakers-say-2024-04-22/
Quick Glance: Canada's Proposed Capital Gains Tax Hike May Impact Mining Start-ups
- Canada's Prime Minister Justin Trudeau and Finance Minister Chrystia Freeland hold the 2024-25 budget, surrounded by members of Parliament on the hill of Ottawa. Canada's planned capital gains tax hike could deter investments in mineral exploration, according to the country's leading stock exchange operators and dealers.
- Prime Minister Justin Trudeau's government proposes increasing the share of capital gains subject to taxation to two-thirds for individuals with annual investment profits of over C$250,000 ($181,752), companies, and trusts to raise revenue for public programs. The measure will be effective on June 25 and could undergo amendments.
- Mining, oil, and gas exploration companies on the TSX Venture Exchange have raised funds by issuing flow-through shares, which account for 65% of all funds raised by exploration mining companies on Canadian exchanges. Canada's exploration companies have only raised C$240 million in March, down by 79% from a year ago.
- Industry lobby groups hope the government will provide an exemption for flow-through share investors, as failure to do so could jeopardize over 70% of all resource explorations in Canada. The proposed measure is feared to potentially signal the end of many mineral explorations in Canada.
Train cars catch fire while moving through Ontario: Local officials reported no injuries after five train cars were spotted ablaze heading towards a downtown ...
bbc.com/news/av/world-us-canada-68878299
Two-thirds of Canadians consider themselves fans of women's sport - study: Two thirds of Canadians consider themselves to be fans of women's sport ...
reuters.com/sports/two-thirds-canadians-consider-themselves-fans-womens-sport-study-2024-04-22/
Canada's TC Energy says NGTL pipeline system resumes normal operations after fire
reuters.com/business/energy/canadas-tc-energy-says-ngtl-pipeline-system-resumes-normal-operations-after-fire-2024-04-22/
Could interest rate hikes be keeping inflation high?: The stickiness of the post-pandemic inflation is raising questions about how effective high interest rates ...
thehill.com/business/4612114-could-interest-rate-hikes-be-keeping-inflation-high/
These two fixes for the housing crisis have a bigger impact than Ottawa’s policies
theglobeandmail.com/business/commentary/article-these-two-fixes-for-the-housing-crisis-have-a-bigger-impact-than/
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Australian reporter who covered Nijjar slaying faced visa issues with Indian government
theglobeandmail.com/politics/article-australian-reporter-who-covered-nijjar-slaying-faced-visa-issues-with/
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Train goes up in flames while rolling through London, Ont. Here’s what we know | Globalnews.ca
trib.al/A8L8EFN
Increase stronger than inflation: Federal Cabinet decides to increase pensions by 4.57 percent
spiegel.de/wirtschaft/rente-bundeskabinett-beschliesst-rentenerhoehung-bezuege-steigen-staerker-als-inflation-a-86189476-6c53-4fad-a05f-441aca7d5d0a
Fast-food businesses hiking prices because of higher minimum wage sound like Gordon Gekko
usatoday.com/story/opinion/voices/2024/04/24/california-minimum-wage-restaurants-fast-food-raise-prices/73332922007/
Singapore core inflation eases more than expected to 3.1% in March: Both core and overall inflation dipped from the previous month and came in well below analyst ...
straitstimes.com/business/singapore-core-inflation-eases-more-than-expected-to-31-in-march
BOJ to project inflation will stay around target, signal chance for rate hike: The Bank of Japan is expected to project inflation will stay around its 2% target ...
reuters.com/markets/asia/boj-project-inflation-will-stay-around-target-signal-chance-rate-hike-2024-04-22/
Argentina's Milei revs up chainsaw and blender in fiscal deficit attack: Argentina's libertarian President Javier Milei is revving up his attack on the country's ...
reuters.com/markets/argentinas-milei-revs-up-chainsaw-blender-fiscal-deficit-attack-2024-04-23/
Canadian Man Dies On Cuban Vacation, But Family Receives Wrong Body: The Jarjour family in Quebec is wondering why the remains of another man were shipped from ...
huffpost.com/entry/bc-cn-canada-cuba-wrong-body_n_6626eef6e4b04378c08b3026
Why the rise in shoplifting? Blame our addiction to online shopping: Shoplifting has surged to an alarming level across Canada, industry insiders say
theglobeandmail.com/business/commentary/article-why-the-rise-in-shoplifting-blame-our-addiction-to-online-shopping/
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Cindy Lee and me: How a mysterious 32-song album by a gender-bending Canadian artist took the music world by storm
thestar.com/entertainment/music/cindy-lee-and-me-how-a-mysterious-32-song-album-by-a-gender-bending-canadian/article_1ff038f2-00ab-11ef-a505-2395250520f6.html
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Wall St gains after Friday sell-off, Mideast tensions subside: Wall Street stocks ended higher on Monday following a market sell-off in previous sessions as ...
reuters.com/markets/us/futures-recover-after-friday-sell-off-mideast-tensions-ease-2024-04-22/
Quick Glance: Overview: Tesla Stocks Plummet, Europe Business Surpasses Expectations
- World markets have brightened slightly this week, but Tesla is facing a critical earnings test, while Europe's business pulse has surprisingly been lively this month.
- Following the worst week on Wall Street since 2022, relief from easing Middle East tensions helped stabilize the situation on Monday. The chip giant Nvidia made a modest recovery from losses as Big Tech megacaps gear up for quarterly earnings releases.
- As the first of the 'Magnificent 7' Vanguard stocks, electric vehicle giant Tesla will report on Tuesday, having plummeted by a substantial 43% year-to-date and nearly 60% over the past two years amidst fierce price competition, declining EV demand, and governance/product concerns.
- While Big Tech jitters define this month's market fluctuations, investors will closely watch the upcoming results for a clearer perspective.
Ontario takes action against chemical plant after Aamjiwnaang First Nation residents fell ill | Globalnews.ca
trib.al/LhYdCMk
Stock market sell-off has 'further to go,' JPMorgan warns: JPMorgan analysts warned in a note to clients this week that the U.S. stock market sell-off has ...
foxbusiness.com/markets/stock-market-selloff-has-further-go-jpmorgan-warns
'Burner charities': How Canadian dollars are flowing to Israel for decades
trtworld.com/magazine/burner-charities-how-canadian-dollars-are-flowing-to-israel-for-decades-17876072
BOJ will hike rates if trend inflation accelerates, gov Ueda says: The Bank of Japan will raise interest rates again if trend inflation accelerates toward its 2% ...
reuters.com/markets/asia/boj-will-hike-rates-if-trend-inflation-accelerates-says-gov-ueda-2024-04-23/
Ray-Ban Meta Smart Glasses Now Offer Multimodal AI Assistant: Here's What to Know
techtimes.com/articles/303918/20240423/ray-ban-meta-smart-glasses-now-offer-multimodal-ai-assistant.htm
Indian-origin data scientist makes video on getting ‘free’ food from Canadian food banks, gets fired
indianexpress.com/article/trending/trending-globally/indian-origin-data-scientist-makes-video-on-getting-free-food-from-canadian-food-banks-gets-fired-9288614/
A Mississauga NHL team? Mayoral candidate wants to make that a reality | Globalnews.ca
trib.al/HWtLC3x
Aurora Cannabis: Improved Financials, Limited Opportunity: Aurora Cannabis has seen growth in international medical cannabis sales, particularly in Germany and ...
seekingalpha.com/article/4685633-aurora-cannabis-improved-financials-limited-opportunity
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Control of Fiera Is Thrown Into Doubt as Desjardins Group Plans Sale: One the largest shareholders in Canadian fund manager Fiera Capital Corp. wants out ...
bloomberg.com/news/articles/2024-04-24/control-of-fiera-is-thrown-into-doubt-as-desjardins-group-plans-sale
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Forced to pay his landlord’s tax arrears: Tenant David Siscoe still owes more than $43,000 after being dunned by CRA for foreign landlord’s failure to pay
theglobeandmail.com/real-estate/vancouver/article-forced-to-pay-his-landlords-tax-arrears/
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Gongloff: U.S. isn’t ready for more wildfire smoke: Many Americans were surprised last year when smoke from wildfires hundreds of miles away turned their air ...
bostonherald.com/2024/04/24/gongloff-u-s-isnt-ready-for-more-wildfire-smoke/
Japan Is Poised to Fill a North American EV Gap Left by China: A new Honda facility in Canada shows that Asia’s auto industry is ready to meet North American ...
bloomberg.com/opinion/articles/2024-04-23/japan-is-poised-to-fill-a-north-american-ev-gap-left-by-china
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Google Pixel 8a retail listing suggests a bump in pricing could be in the cards: The upcoming Pixel 8a has been rumored to be pricier than the predecessor model; ...
androidcentral.com/phones/google-pixel-8a-spotted-in-canadian-retail-listing
Maverix’s Ruffolo Warns Trudeau of Capital Flight After Tax Hike: A prominent Canadian technology investor joined the chorus of Canadian businesses criticizing ...
bloomberg.com/news/articles/2024-04-23/maverix-s-ruffolo-warns-trudeau-of-capital-flight-after-tax-hike
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A Canadian federal ban on non-compete agreements is long overdue: In 2014, Jimmy John’s, a sandwich shop, was caught asking its storefront sandwich-making ...
theglobeandmail.com/business/commentary/article-a-canadian-federal-ban-on-non-compete-agreements-is-long-overdue/
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Binance sued in Canada for securities law violations: Binance is served with a new class action lawsuit in Ontario alleging that it sold crypto derivatives in ...
cointelegraph.com/news/binance-sued-canada-securities-law
Earning raves for their albums, Alvvays just as good live at Milwaukee Pabst Theater show
jsonline.com/story/entertainment/music/2024/04/23/alvvays-acclaimed-dream-pop-shines-at-pabst-theater-show-in-milwaukee/73374259007/
Canadian to complete 'run around Taiwan' for charity | Taiwan News | Apr. 23, 2024 15:34
taiwannews.com.tw/en/news/5671552
Train on fire barrels through Canadian city: Video shot by a driver in London, Ontario, captured the dramatic moment when a train with several of its cars on ...
news.abs-cbn.com/world/2024/4/22/train-on-fire-barrels-through-canadian-city-512
Turkish grocer BIM could evaluate Canada market if invited: CEO: Türkiye's leading discount food retailer BIM has not received any invitation or been ...
dailysabah.com/business/economy/turkish-grocer-bim-could-evaluate-canada-market-if-invited-ceo
Leylah Fernandez joins Canadian Olympians to unveil the country's Lululemon Paris outfits
tennis.com/baseline/articles/leylah-fernandez-joins-canadian-olympians-to-unveil-the-country-s-lululemon-paris-outfits
In Molson’s Feel-Good Summer Campaign, Backyards Are a State of Mind: The Canadian brewer aims to broaden its appeal and change the image of beer drinkers.
adweek.com/creativity/molson-backyard-summer-ad-beer-drinkers/
Even after a Canadian court case against an alleged mafia group collapsed, public records revealed much about how a faction of the ’Ndrangheta mafia in Toronto ... Show more @jaredferrie
SF sales down 28% from 2019. What sectors and areas were hit hardest?: This map and table breaks down trend in S.F. sales tax revenue for the past five years
sfchronicle.com/bayarea/article/sf-sales-tax-neighborhood-19394489.php
How Risky Is Japan’s Monetary-Policy Normalization? | by Takatoshi Ito - Project Syndicate
project-syndicate.org/commentary/bank-of-japan-monetary-policy-normalization-risks-by-takatoshi-ito-2024-04
Immigration: 'Some Canadians are beginning to question the multiculturalist model'
lemonde.fr/en/international/article/2024/04/20/immigration-some-canadians-are-beginning-to-question-the-multiculturalist-model_6668991_4.html
Quick Glance: Immigration Debate in Canada: Shifting Perspectives on Multiculturalism
- Sociologist Christian Bergeron notes the intense debate on immigration in Canada, challenging a fundamental pillar of Canadian society.
- Canadian Prime Minister Justin Trudeau aims to welcome around 985,000 new permanent immigrants by 2025.
- Bergeron explains the evolving immigration discourse in Canada, raising doubts about the country's traditional multiculturalism principle.
- The changing demographics of immigrants in Canada have led to concerns among some Canadians, reflecting a sense of destabilization.
Hundreds of young supporters of Donald Trump lined up for his recent Green Bay, Wisconsin, campaign rally. The most common reason many are backing the former ...
reut.rs/49HtDgh
Unified, organized Jets have potential to end Canadian Cup drought: It’s not a stretch to think this Winnipeg Jets team can finally bring the Cup back over the ...
sportsnet.ca/nhl/unified-organized-jets-have-potential-to-end-canadian-cup-drought/
By almost 20 percent: gas prices in Germany are rising again: The regular VAT rate for gas has been in effect again in Germany since the beginning of April. This ...
n-tv.de/wirtschaft/Gaspreise-in-Deutschland-steigen-wieder-article24889291.html
Investors raise bets on euro falling to parity with dollar: Eurozone borrowing costs seen as likely to fall first as strength of US economy lowers chance of ...
ft.com/content/700f0282-e939-4441-8093-6e012c39f4bd
US bond bulls lean into latest selloff despite inflation scare: A sharp selloff in U.S. bonds so far in April is prompting some investors to consider allocating ...
reuters.com/markets/us/us-bond-bulls-lean-into-latest-selloff-despite-inflation-scare-2024-04-22/
Brent hovers above $86 as traders unfazed by MidEast conflict: Global benchmark Brent slipped on Monday though it remained above $86 a barrel as traders turned ...
reuters.com/markets/commodities/oil-prices-retreat-us-crude-build-rate-cut-concerns-come-fore-2024-04-22/
Biden needs to face facts: He’s still losing to Trump : For President Biden and the Democrats, thing are looking ugly in November.
thehill.com/opinion/campaign/4604865-biden-needs-to-face-facts-hes-still-losing-to-trump/
Poll: Election interest hits new low in tight Biden-Trump race: Amid a tight Joe Biden-Donald Trump race, the share of voters with high interest in the election ...
nbcnews.com/politics/2024-election/poll-biden-trump-tight-race-election-interest-low-rcna148170
Quick Glance: Poll: Election Interest Declines in Tight Biden-Trump Race
- The interest of voters in the election has reached the lowest point in two decades at this stage in a presidential race.
- The latest national NBC News poll reveals that the number of voters with high interest in the 2024 presidential election has nearly hit the lowest point in almost 20 years, with a majority holding negative views of President Joe Biden and former President Donald Trump.
- Inflation and immigration top the list of the country's most pressing issues, with only one-third of voters giving Biden credit for improving economic performance.
- The survey also highlights how the low voter interest and the independent candidacy of Robert F. Kennedy Jr. could potentially disrupt what has been a stable presidential contest with over six months until Election Day.
'I will forget you,' she told a man she met while travelling. She never did and they found unexpected love
ctvnews.ca/lifestyle/i-will-forget-you-she-told-a-man-she-met-while-travelling-she-never-did-and-they-found-unexpected-love-1.6855095
'Perfect storm' brings €2 per litre fuel back in prospect: €2 per litre fuel prices are firmly back in sight following the recent restoration of excise ...
rte.ie/news/business/2024/0421/1444470-perfect-storm-as-2-per-litre-fuel-back-in-prospect/
Mortgage rates top 7 percent for first time in 2024: Mortgage rates topped 7 percent for the first time this year, according to data released Friday by Freddie ...
thehill.com/business/4605828-mortgage-rates-top-first-time/
Quick Glance: Mortgage Rates Surge Above 7% in 2024, Posing Major Dilemma for Homebuyers
- US mortgage rates have surged above 7%, increasing costs for homebuyers.
- The rise in mortgage rates impacts monthly costs, limiting purchasing power.
- Uncertainty surrounding rate trends poses a decision dilemma for potential homebuyers.
- Experts anticipate a moderate easing of mortgage rates later in the year.
Why striking down Ontario’s ‘ag-gag’ law is so important: Without the ability to expose cruel practices on factory farms, the public loses out on the full ...
theglobeandmail.com/opinion/article-why-striking-down-ontarios-ag-gag-law-is-so-important/
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500 Newfoundlanders went on same cruise by coincidence: The residents of the Atlantic Canadian province chased the same good deal online without prior planning.
bbc.co.uk/news/av/world-us-canada-68860064
What's a Barnacle? It's yellow, sticks and screams if you try to pry it off your car
ctvnews.ca/autos/what-s-a-barnacle-it-s-yellow-sticks-and-screams-if-you-try-to-pry-it-off-your-car-1.6855322
Capital gains plus other letters, April 21: ‘I was astounded to learn that … I am now considered one of Canada’s wealthiest 40,000 citizens’
theglobeandmail.com/opinion/letters/article-capital-gains-cottages-rental-property-investment/
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America’s interest rates are unlikely to fall this year: That will squeeze financial markets and the world economy
economist.com/leaders/2024/04/17/americas-interest-rates-are-unlikely-to-fall-this-year
Loss of purchasing power for citizens' allowance recipients: 25% more from the state - and less in their pockets in the end
spiegel.de/wirtschaft/soziales/buergergeld-erhoehungen-gleichen-kaufkraftverluste-nicht-aus-a-2a9616cd-3316-4755-a73b-8ee9de3f761e
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Indo-Canadians among those facing charges in Canada’s biggest heist: What happened to the gold? Police stated it was melted down, sold, and the proceeds were ...
indianexpress.com/article/cities/chandigarh/indo-canadians-toronto-biggest-heist-9282590/
A celebrity seal was moved 125 miles away. He showed up again days later.: Canadian wildlife officials relocated Emerson the elephant seal this month after his ...
washingtonpost.com/world/2024/04/19/emerson-elephant-seal-victoria-canada/
What the cost of insulin may mean for Biden's campaign: President Joe Biden frequently cites insulin prices as he promotes a $35 price cap for Americans with ...
apnews.com/article/biden-insulin-prices-cap-campaign-impact-f969191c3c5178c91cc973a1b89c2200
Trump campaign blasts Biden for ‘largest tax hike ever' as Americans face 'record-high inflation'
foxbusiness.com/politics/trump-campaign-blasts-biden-largest-tax-hike-americans-face-record-high-inflation
Escalating Middle East tensions a fresh jolt to world markets: Reports of an Israeli attack on Iranian soil that possibly drags the Middle East into a deeper ...
reuters.com/markets/global-markets-middle-east-graphic-2024-04-19/
2025 Porsche Cayenne GTS Joins the Party with 493 HP and $127K Base Price: Along with more horsepower and higher prices, the sporty GTS SUV and Coupe benefit ...
caranddriver.com/news/a60551600/2025-porsche-cayenne-gts-new-details-price/
5 worries keeping Biden, Democrats up at night: President Biden’s campaign is feeling good about where it is in its battle for reelection ...
thehill.com/homenews/campaign/4605899-five-worries-keeping-biden-democrats-up-at-night/
Iran-Israel tensions: Can Iran's economy handle a war?: Iran is suffering from inflation, currency depreciation and the impact of international sanctions ...
dw.com/en/iran-israel-tensions-can-irans-economy-handle-a-war/a-68862368
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