Looming Bank of Canada increase expected to push rates near peak

Dec 05 22

Looming Bank of Canada increase expected to push rates near peak: Expectations are that Bank of Canada head Tiff Macklem will raise interest rates once more this ...

theglobeandmail.com/business/article-looming-bank-of-canada-increase-expected-to-push-rates-near-peak/

0

Dec 04 22

Five things to watch for in the Canadian business world in the coming week: The House of Commons committee looking at food price inflation will hear from ...

financialpost.com/pmn/business-pmn/five-things-to-watch-for-in-the-canadian-business-world-in-the-coming-week-26

0

3

Montreal Gazette

B+

Apr 21

What Australia and the U.K.'s grocery codes can teach us about Canada's food fight

montrealgazette.com/news/national/what-australia-and-the-u-k-s-grocery-codes-can-teach-us-about-canadas-food-fight

0

Apr 16

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

0

Apr 17

Montreal market powers ahead as home sales surge: What’s happening has some familiar causes: the combination in recent years of faster immigration and population ...

theglobeandmail.com/real-estate/article-montreal-market-powers-ahead-as-home-sales-surge/

0

Apr 16

This is the No. 1 city in the world for remote work—what it's like to live there: A new analysis from Remote.com considers factors covering quality of life ...

cnbc.com/2024/04/16/no-1-city-in-the-world-for-remote-workwhat-its-like-to-live-there.html

0

Apr 25

US economy grew less than expected in first quarter at 1.6% rate: Higher than expected price pressures cast doubt on potential for Fed rate cuts

ft.com/content/f9e3ebdd-0977-4b12-84cd-25c7380f91cb

Paid articlePaid

Quick Glance: Unlikelihood of Fed Rate Cut Before Elections Disrupts Markets

Investors cast doubt on a Fed rate cut before September.

Expectations are now fully priced in for a rate cut on November 6-7.

The shift in market expectations stemmed from inflation and growth data.

There is now an estimated 75 percent likelihood of a Fed rate cut by September.

39

Apr 16

US to grow at double the rate of G7 peers this year, says IMF: Fund also upgrades inflation forecasts as strong demand and tight labour market delay possible Fed ...

ft.com/content/3b819571-662d-4185-9ca5-c7e682b55700

Quick Glance: IMF upgrades global growth forecast despite risks

The International Monetary Fund slightly raised its global growth forecast on Tuesday, noting that the economy had proven 'surprisingly resilient' despite inflationary pressures and monetary policy shifts.

IMF's chief economist, Pierre-Olivier Gourinchas, indicated that the global economy is heading for a 'soft landing,' with risks to the outlook now broadly balanced.

While advanced economies are expected to lead the growth, dim prospects in China and other major emerging markets could impact global trade partners, according to the report.

Despite Tuesday's brighter outlook, global growth remains low compared to historical standards, partly due to weak productivity growth and increasing geopolitical fragmentation.

438

Apr 25

Honda’s $11 Billion Electric-Vehicle Expansion Includes Government Aid in Canada: Honda Motor Co. will spend C$15 billion ($11 billion) to build electric ...

bloomberg.com/news/articles/2024-04-25/honda-s-11-billion-electric-vehicle-expansion-includes-government-aid-in-canada

7

Apr 24

Elliot Page on Coming Out as Trans and Finding Hope: Elliot Page discussed his activism, love of writing and future roles at the TIME100 Summit in New York City.

time.com/6968689/time100-elliot-page/

Quick Glance: Insight into Elliot Page's Transition and Hope for the Future

Elliot Page revealed his transgender identity in a poignant Instagram post in 2020.

Since then, Page has been involved in various projects, including new seasons of The Umbrella Academy and his best-selling memoir Pageboy.

Colleagues in Hollywood supported Page's transition, emphasizing the need for more representation for transgender individuals in the film industry.

The article highlights Page's acting career, his advocacy as an LGBTQ+ activist, and his aspiration to make the world a better place through his endeavors.

647

Apr 22

Honda will build electric vehicles and their parts in Ontario with financial support from the Canadian and provincial governments under a plan to be announced ...

reut.rs/3Jtd1yn

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.

55

18h

Toronto market ends higher as commodity prices climb: Canada's main stock index ended higher on Thursday, clawing back its earlier losses ...

reuters.com/markets/tsx-futures-fall-downbeat-earnings-2024-04-25/

Quick Glance: Toronto Market Rises with Surging Commodity Prices

The Toronto Stock Exchange ended higher as higher commodity prices offset earlier losses.

The Toronto Stock Exchange's S&P/TSX composite index rose by 11.66 points, or 0.1%, to 21,885.38.

The materials group, including metal miners and fertilizer companies, surged by 2.2% as gold and copper prices climbed.

Bombardier obtained an exemption from recent Canadian sanctions on Russian titanium, leading to an 8.3% increase in shares.

19

Apr 24

Cuba apologizes to Canada for delivering wrong body to grieving family: Cuba apologized to Canada on Wednesday after authorities accidentally delivered the ...

reuters.com/world/americas/cuba-apologizes-canada-delivering-wrong-body-grieving-family-2024-04-24/

27

Apr 25

The 3.5 Percent Inflation Plateau: Prices have been rising faster than expected for the past three months. What’s going on?

theatlantic.com/ideas/archive/2024/04/inflation-above-fed-target/678174/

2 similar articles

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475

OCCRP Apr 22

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

25

Apr 25

Seven new ‘supertall’ buildings are coming to Toronto — is that a good thing?: Toronto could soon have the fifth highest number of mixed-use residential ...

thestar.com/real-estate/seven-new-supertall-buildings-are-coming-to-toronto-is-that-a-good-thing/article_5e771f94-00df-11ef-98e0-1304a20025f5.html

19

Apr 16

Brazil seeks to weaken fiscal targets it set only a year ago: Leftist administration of Luiz Inácio Lula da Silva wants greater flexibility on budget surplus ...

ft.com/content/14e6a4d4-8be7-46cf-bb51-8445b0e85dc1

Quick Glance: Brazil Moves to Relax Fiscal Targets Set a Year Ago

The leftist administration of Luiz Inácio Lula da Silva wants more flexibility on budget surplus goals

Brazilian President Luiz Inácio Lula da Silva’s government is seeking to loosen its own budget targets as investor concerns rise about the risk of fiscal slippage in Latin America’s largest economy

Ministers intend to balance the budget next year, replacing the previous goal for income to exceed outgoings by 0.5 per cent of gross domestic product

Analysts warn that the current deficit targets are unrealistic and likely to be tweaked, prompting investors to express concerns about Brazil’s economic approach under Lula

381

Apr 17

UK inflation falls as crumpet and meat prices drop: New official figures show that inflation, the rate at which prices rise over time, fell again in March.

bbc.com/news/business-68833077

Quick Glance: Powell Warns of Lack of Progress on Inflation

Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.

Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.

Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.

Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.

936

Apr 16

Canada Inflation Ticks Up to 2.9% on Higher Gas Prices: Canadian consumer prices reaccelerated slightly as expected due to higher gasoline prices ...

trib.al/VxDKxw2

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.

28

Apr 17

US deficit poses ‘significant risks’ to global economy, warns IMF: Fund also cites concerns over fiscal ‘imbalances’ in UK, China and Italy

ft.com/content/0d098011-0ff5-4125-8cbb-5a5b281c9bd0

Quick Glance: IMF Warns of Fiscal Deficits in US and China

The IMF has warned the US that its massive fiscal deficits have stoked inflation and pose “significant risks” for the global economy.

Concerns were also raised about Chinese government debt, with the country projected to have a deficit of 7.6 per cent in 2025, more than double the average for other emerging markets.

In addition to the US and China, the fund named two more countries that “critically need to take policy action to address fundamental imbalances between spending and revenues”.

The IMF noted that “large and sudden increases” in US borrowing costs typically lead to surges in government bond yields globally and exchange rate turbulence in emerging markets and developing economies.

112

Apr 23

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

211

Apr 20

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.

0 similar articles

5

1

PBS

A-

Apr 25

About 1 in 4 U.S. adults over 50 say they expect to never retire, an AARP study finds

pbs.org/newshour/economy/about-1-in-4-us-adults-over-50-say-they-expect-to-never-retire-an-aarp-study-finds

104

Apr 22

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/

30

Apr 24

A big piece of Saskatoon airline history departing for Lethbridge | Globalnews.ca

297

Apr 24

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.

27

Apr 19

JPMorgan warns of need for ‘reality check’ on phasing out fossil fuels: US bank says higher interest rates, inflation and global conflict have dented outlook for ...

ft.com/content/352b38a7-f298-4b54-adc2-f4cc1b17444b

Quick Glance: JPMorgan warns of Need for 'Reality Check' on Phasing out Fossil Fuels

JPMorgan warns of setbacks in transitioning to renewable energy due to higher interest rates, inflation, and global conflicts.

Investment in renewable energy currently offers subpar returns, potentially leading to social unrest.

JPMorgan forecasts increasing demand for oil and gas until 2030, highlighting challenges in transitioning to renewable energy.

Wood Mackenzie warns of the impact of higher interest rates on transitioning to a global net-zero economy, especially for renewables and nuclear power.

77

22h

US economic growth slows but inflation grows: The world's largest economy grew less than expected but rising inflation may delay a rate cut.

bbc.com/news/business-68898432

0 similar articles

129

43

San Francisco Chronicle

B+

Apr 21

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

158

306

T-Online Apr 18

Cash: Germans' assets at record value - Daily money is also popular: The Germans have more money in their pockets again. The reason for this is higher interest ...

t-online.de/finanzen/aktuelles/id_100388504/bargeld-vermoegen-der-deutschen-auf-rekordwert-auch-tagesgeld-beliebt.html

Quick Glance: Record: Germans Hold 7716 Billion Euros in Wealth

German private individuals hold a net wealth of 7716 billion euros.

Stocks and investment funds saw significant gains in the last quarter.

Cash and bank deposits remain the largest component of wealth.

Household net wealth increases by 244 billion euros to 5560 billion euros.

243

Apr 23

Eurozone economy grows surprisingly strongly: The Purchasing Managers' Index rose by 1.1 points to 51.4, the highest level in eleven months ...

diepresse.com/18396920/wirtschaft-der-eurozone-waechst-ueberraschend-stark

32

Apr 24

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

1

Apr 17

Canadian and US authorities said six people have been arrested and three more are being sought in connection with what they called the largest gold heist in ...

56

Apr 21

Canadian Airbus A220 jet workers reject tentative agreement

28

15h

RBA to ‘increase interest rates three times’: A top forecaster issued a dire interest rate warning, predicting that the Reserve Bank will be forced to hike three ...

news.com.au/finance/economy/interest-rates/leading-forecaster-warren-hogan-predicts-rba-will-hike-cash-rate-to-51-per-cent-this-year/news-story/f6f2f084778953ccaa0538383f67449f

87

Apr 25

TSX loses winning streak as railroad shares slide: Canada's main stock index fell on Wednesday, including declines for railroad shares, as long-term borrowing ...

reuters.com/markets/tsx-futures-flat-wall-street-cheer-offsets-oil-gold-decline-2024-04-24/

0 similar articles

10

2

FIJ NG Apr 18

Bag of Rice Still Selling for Up to N84,000 in Lagos: To verify if a bag of rice indeed sells for N60,000, FIJ took to two food markets in Lagos to ask the ...

fij.ng/article/bag-of-rice-still-selling-for-up-to-n84000-in-lagos/

8

16h

Fears about stagflation are mounting in the US. It’s every central banker’s worst nightmare

cnn.com/2024/04/25/economy/stagflation-us-economy-gdp/

Quick Glance: Rising Key Fed Inflation Measure in March

In March, inflation remained strong, with an important indicator closely monitored by the Federal Reserve indicating elevated price pressures.

The personal consumption expenditures price index excluding food and energy increased 2.8% from a year ago in March, above expectations.

Both the all-items PCE price gauge and the core index increased by 2.7%, higher than estimates, leading to a positive market reaction.

Markets reacted mildly to the data, with Wall Street set to open higher, while Treasury yields fell and the probability of rate cuts increased slightly.

221

Apr 23

Indian teenager becomes youngest challenger for world chess title, will face reigning champion from China

cnn.com/2024/04/23/asia/india-teenager-chess-champion-china-intl-hnk-spt/

193

Apr 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/

14

Apr 25

Big pension increase in the summer but was that it?: Pensions will rise more sharply in July than previously thought. But the increases could shrink ...

hna.de/wirtschaft/grosse-rentenerhoehung-im-sommer-zukunft-rente-inflation-inflationspraemie-rentner-kaufkraft-zr-93032410.html

26

Apr 22

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.

11

Apr 23

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/

7

Apr 24

Toronto rent prices fell for a third straight month, while this city saw the highest yearly increase in Ontario

thestar.com/real-estate/toronto-rent-prices-fell-for-a-third-straight-month-while-this-city-saw-the-highest/article_05b97d3a-024b-11ef-8890-a389a3a899a4.html

7

Apr 20

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

0 similar articles

35

19

The Sydney Morning Herald

B+

Apr 25

Australians flattened by biggest tax increase in world: Bracket creep and the end of the low- and middle-income offset delivered the biggest tax hike in the ...

smh.com.au/politics/federal/australians-flattened-by-biggest-tax-increase-in-world-20240425-p5fmgf.html

24

Apr 17

Arrests made in the largest gold heist in Canada history: A year after millions in gold bars and cash were stolen from a Toronto airport, police offer new ...

bbc.com/news/world-us-canada-68832680

274

Apr 19

Ottawa to force banks to identify carbon rebate by name in direct deposits: The first rebate deposits in 2022 were generically labelled – ‘federal payment’ and ...

theglobeandmail.com/politics/article-ottawa-to-force-banks-to-identify-carbon-rebate-by-name-in-direct/

17

Apr 23

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/

72

Apr 15

Canada beats U.S. in OT thriller to win Women’s Worlds gold

sportsnet.ca/wwhc/article/canada-beats-u-s-in-ot-to-win-womens-worlds-gold/

1.8k

Apr 22

Do Taylor Swift’s lyrics stand up as poetry? We invited three Toronto poets to weigh in on her new album

thestar.com/entertainment/music/do-taylor-swift-s-lyrics-stand-up-as-poetry-we-invited-three-toronto-poets-to/article_f32ab198-00c4-11ef-a08c-7b5778a0b301.html

8

Apr 23

Toronto Pearson gold heist: Some gold was melted down in a GTA jewelry store basement - Toronto | Globalnews.ca

120

Apr 25

With her fuchsia hot pants, body hair and unapologetic sexuality, Peaches carved her own scene. A new Hot Docs film celebrates the Toronto electro-punk icon

thestar.com/entertainment/music/with-her-fuchsia-hot-pants-body-hair-and-unapologetic-sexuality-peaches-carved-her-own-scene/article_74baee68-00ce-11ef-845b-4f2079d44510.html

4

Apr 25

As the Toronto Symphony Youth Orchestra turns 50, its musicians reflect on its legacy

thestar.com/entertainment/music/as-the-toronto-symphony-youth-orchestra-turns-50-its-musicians-reflect-on-its-legacy/article_87f0c352-0184-11ef-9427-c72d7a1896a1.html

4

Apr 19

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.

63

Apr 25

Yellen says economy performing well, inflation will ebb: Treasury Secretary Janet Yellen said on Thursday that the U.S. economy "continues to perform very ...

2

Apr 23

Conductor Andrew Davis, who headed Toronto Symphony Orchestra for 13 years, dies: Andrew Davis, an acclaimed British conductor who served as music director at ...

thestar.com/entertainment/music/conductor-andrew-davis-who-headed-toronto-symphony-orchestra-for-13-years-dies/article_f951ef4b-760e-5ea8-80ee-a1c1ec12bf62.html

6

Apr 25

Venice introduces first payment charge for tourists: The Italian city became the first in the world on April 25 to introduce a payment system for tourists in an ...

theglobeandmail.com/world/video-venice-introduces-first-payment-charge-for-tourists/

3

Apr 11

China tried to meddle but Canadians decided the last two elections, says PM Trudeau

reut.rs/49NfyOJ

Quick Glance: Alleged Chinese Interference in Canadian Elections: Trudeau Confirms Independence

Canada's Prime Minister Justin Trudeau reported to an official inquiry that China attempted to intervene in the last two Canadian elections, but the outcomes were unaffected, and it was deemed 'improbable' that Beijing favored a specific party.

Under pressure from opposition lawmakers dissatisfied with media reports on China's potential involvement in the elections, Trudeau established the commission.

Erin O'Toole, who led the main opposition Conservative party during the 2021 campaign, estimated that Chinese interventions may have cost his party up to nine seats but did not alter the election's course. Trudeau's Liberal Party emerged victorious in both instances.

Canada's domestic intelligence agency informed the commission of China's 'clandestine and deceptive' interference in both elections, marking the most substantial evidence thus far of suspected Chinese meddling in Canadian politics.

83

Apr 18

Toronto market ends higher as metal prices rally

19

Apr 23

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/

9

14h

Investors brace for 5% Treasury yields as US inflation worries mount: As U.S. inflation worries grow, some investors are preparing for the 10-year U.S ...

reuters.com/markets/us/investors-brace-5-treasury-yields-us-inflation-worries-mount-2024-04-26/

19

Apr 18

9 people, including 2 Air Canada employees, charged in $14.5M 'sensational' gold heist from Toronto airport

nypost.com/2024/04/17/world-news/9-people-including-2-air-canada-employees-face-charges-in-14-5m-gold-heist-from-airport/

Quick Glance: Six Arrested in $22M Airport Gold Heist, Inside Job Unveiled

Six individuals were arrested for the multimillion-dollar gold heist at Toronto's Pearson International Airport.

Police identified it as an 'inside job' and charged nine suspects in connection with the crime.

Investigations revealed that former Air Canada employees were allegedly involved in the theft.

The criminals intended to use the stolen gold and cash to finance illegal firearms trafficking into Canada.

82

Apr 15

Boy’s body pulled from Lake Ontario after friend, passerby tried to save him | Globalnews.ca

535

Apr 14

Canada to unveil budget as experts doubt fiscal targets: Canadian Finance Minister Chrystia Freeland will have to find ways to amp up savings or raise taxes when ...

reuters.com/markets/canada-unveil-budget-experts-doubt-fiscal-targets-2024-04-14/

66

Apr 11

Resurgent inflation looms over Joe Biden’s White House bid: Consumer prices are rising quickly at just the wrong time for the US president

ft.com/content/d8520a33-f202-4679-b6f7-99fe9e4fb3ae

42

Apr 24

More than 11,500 housing units are delayed in Toronto — four times as many as last summer, report says

thestar.com/real-estate/more-than-11-500-housing-units-are-delayed-in-toronto-four-times-as-many-as/article_751950b2-01a4-11ef-aa31-3341fc7d8daf.html

Paid articlePaid

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4

2

The Wall Street Journal

B

Apr 17

‘Under the Bridge’ Review: True Crime Strikes a False Note: Riley Keough and Lily Gladstone star in this Hulu series about the murder of a Canadian teenager.

103

Apr 17

Nine People, Including an Airline Worker, Are Arrested in $14.5 Million Gold Heist

96

Apr 19

A Toronto condo sat on the market for months — then the seller tried open bidding. It sold in just over a week

thestar.com/real-estate/a-toronto-condo-sat-on-the-market-for-months-then-the-seller-tried-open-bidding/article_d8937382-fb57-11ee-aa6d-bbe3acf82e94.html

9

22h

What to watch this weekend: ‘Luxe Listings Toronto,’ local drag queen Priyanka in ‘We’re Here’ and more streaming in Canada

thestar.com/entertainment/television/what-to-watch-this-weekend-luxe-listings-toronto-local-drag-queen-priyanka-in-were-here/article_cd1e478e-00f2-11ef-abc0-b7d5e7c6c836.html

2

Apr 19

Financial assets of private households at a record high: Overall, people in Germany have more financial assets than ever before. However ...

hna.de/wirtschaft/geldvermoegen-privater-haushalte-auf-rekordhoch-zr-93018343.html

40

Apr 25

Canada's Rogers profit takes hit from higher costs related to Shaw acquisition: Rogers Communications posted a drop in first-quarter profit on Wednesday ...

reuters.com/business/media-telecom/canadas-rogers-communications-tops-quarterly-subscriber-additions-estimate-2024-04-24/

25

Apr 12

Robert MacNeil, Earnest News Anchor for PBS, Dies at 93: With his longtime co-host Jim Lehrer, he delivered thoughtful reports that stood in stark contrast to ...

nyti.ms/3JcPxNT

2 similar articles

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Insider (news website)

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Apr 25

Stock market today: Dow drops 375 points after weak GDP data: Stocks dropped and bond yields rose as investors digested a tough reality of slowing GDP growth and ...

markets.businessinsider.com/news/stocks/stock-market-today-gdp-1q24-inflation-economy-tech-stocks-microsoft-2024-4

22

Apr 21

Here’s how Jeanne Beker and two famous Toronto chefs celebrate Passover: The three blend tradition, family and food at their Seder tables.

thestar.com/life/here-s-how-jeanne-beker-and-two-famous-toronto-chefs-celebrate-passover/article_40353032-fb37-11ee-8db0-b3dde2ec75cf.html

6

Apr 20

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

1.2k

Apr 21

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

48

Apr 15

Paris bound: See which LSU men's swimmer qualified for the Olympics at an event in Toronto

theadvocate.com/baton_rouge/sports/lsu/lsu-swimmer-jere-hribar-qualifies-for-2024-olympics----------------------------------ppp/article_d00adbd6-1403-5ed5-804d-c3a9d9d30515.html

92

Apr 17

Toronto Pearson gold heist: 9 people charged in historic $20M theft | Globalnews.ca

trib.al/V0ogUWa

Quick Glance: 9 Suspects Arrested in $14.8 Million Gold Heist at Toronto Airport, Only Partially Recovered

Only six pure gold bracelets worth over $65,000 have been recovered from the $14.77 million gold heist that took place last year.

The perpetrators are believed to have melted down and sold the stolen gold to acquire illegal firearms for a smuggling operation, as stated by Peel Regional Police Detective Sgt. Michael Mavity.

Additionally, the police have seized $312,000 in cash, suspected to be profits made by the suspects after selling the gold.

Lists accounting for $7.21 million and $10.23 million were also found at two separate locations, indicating the distribution of money from the gold sales by the suspects.

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Apr 16

Toronto market slides to one-month low as materials drag: Canada's main stock index tumbled to its lowest point in over a month on Tuesday ...

reuters.com/markets/tsx-futures-fall-commodities-dip-investors-eye-key-inflation-data-2024-04-16/

18

Apr 13

Biden's new take on inflation: Trump would be worse: Biden's team knows there's not a lot it can do to lower it before the Nov. 5 election.

axios.com/2024/04/13/biden-trump-inflation-worse-tariffs

Quick Glance: Biden's New Perspective on Inflation: Trump Would Be Worse

The White House warns that inflation would worsen if Trump is re-elected as a strategy to sway voters.

March's inflation increase surpassed expectations, undermining Biden's claim of lowering prices.

Rising oil prices due to geopolitical tensions could lead to higher gas prices, a concern for the White House.

Biden emphasizes fighting inflation as top priority while experts debate the impact of his economic stimulus packages.

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Apr 15

Joe Biden’s approval rating on the economy is rising among US voters: FT-Michigan Ross poll finds president’s gains could be derailed by persistent fears over ...

ft.com/content/bdd37729-8225-4f52-ae88-a7edeb329bb5