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Posthaste: Many Canadians losing financial confidence due to economic barriers: New research shows how inflation affects people's psyches, and it's making them ...
financialpost.com/executive/executive-summary/canadians-losing-financial-confidence-economic-barriers
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Posthaste: Many Canadians losing financial confidence due to economic barriers: New research shows how inflation affects people's psyches, and it's making them ...
financialpost.com/executive/executive-summary/canadians-losing-financial-confidence-economic-barriers
Asia stocks, yen tentative with eyes on BOJ decision: Asian shares rose cautiously on Friday as markets sobered up to the idea that U.S. rate cuts were most ...
reuters.com/markets/global-markets-wrapup-1-2024-04-26/
Bank of Canada officials split on when to start cutting interest rates: Members of the Bank of Canada's governing council were split on how long the central bank ...
ctvnews.ca/business/bank-of-canada-officials-split-on-when-to-start-cutting-interest-rates-1.6860326
Bank of Canada Officials Split on How Soon Rate Cuts Could Start, Minutes Say: Senior Bank of Canada officials were divided on how soon the central bank could ...
wsj.com/articles/bank-of-canada-officials-split-on-how-soon-rate-cuts-could-start-minutes-say-b3d33899
Honda to set up $11 bln electric vehicle, battery plants in Canada: Honda Motor plans to invest C$15 billion ($11 billion) in new EV and battery production ...
reuters.com/business/autos-transportation/honda-set-up-11-bln-ev-production-base-canada-2024-04-25/
Quick Glance: Honda to Establish $11 Bln EV, Battery Plants in Canada
- Honda plans to invest C$15 billion in new EV and battery production plants in Ontario alongside existing facilities to support the growth of North American demand for EVs.
- Production is set to start by 2028, with an annual capacity of up to 240,000 EVs and 36 gigawatt-hours for batteries to achieve the goal of having all North American sales from Honda be either EVs or fuel cell vehicles by 2040.
- The Canadian government and Ontario province intend to support Honda with around C$5 billion, with Honda contributing 60%-70% of the total investment to reduce costs by more than 20%.
- Honda will also collaborate with companies like Asahi Kasei and POSCO to further lower production costs and strengthen the EV supply chain in Canada, leading to an increase in jobs and economic growth.
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
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Quick Glance: Disappointing Q1 Economic Growth and Implications
- The U.S. GDP grew at a rate of 1.6% in the first quarter, falling below expectations due to slower inventory replenishment and weak export growth.
- Despite the disappointing growth last quarter, this could potentially alter the views of Fed officials who were not keen on cutting rates following an upsurge in consumer prices.
- Some analysts believe that the weaker-than-expected report indicates the beginning of a broader economic slowdown.
- The report also highlights the performance of other sectors of the economy, such as the surge in housing construction, business investment growth, slower government spending, and the impact of trade on economic growth.
Less-Watched Jobs Indicator Points to Deep Cracks in Canada’s Labor Market: Canada’s job market is less robust than the country’s most closely watched employment ...
bloomberg.com/news/articles/2024-04-25/less-watched-jobs-indicator-points-to-deep-cracks-in-canada-s-labor-market
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
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/
Bob Cole, veteran CBC broadcaster and former voice of 'Hockey Night in Canada,' dead at 90
ctvnews.ca/sports/bob-cole-veteran-cbc-broadcaster-and-former-voice-of-hockey-night-in-canada-dead-at-90-1.6861784
First cargo ship passes through newly opened channel in Baltimore: The first cargo ship passed through a newly opened deep-water channel in Baltimore after being ...
apnews.com/article/key-bridge-collapse-channel-opened-ship-dali-e8694bd668589ad82e37b88b9ed84246
Ford just reported a massive loss on every electric vehicle it sold: Ford’s electric vehicle unit reported that losses soared in the first quarter to US $1 ...
ctvnews.ca/autos/ford-just-reported-a-massive-loss-on-every-electric-vehicle-it-sold-1.6861922
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
Aw, rats: Chicago’s beloved ‘Rat Hole’ removed from sidewalk - National | Globalnews.ca
trib.al/AR439EF
Remains from a mother-daughter cold case were found nearly 24 years later, after a deathbed confession from the suspect
ctvnews.ca/world/remains-from-a-mother-daughter-cold-case-were-found-nearly-24-years-later-after-a-deathbed-confession-from-the-suspect-1.6861360
Over 100 pilot whales beached on western Australian coast have been rescued, officials say
ctvnews.ca/climate-and-environment/over-100-pilot-whales-beached-on-western-australian-coast-have-been-rescued-officials-say-1.6861497
Why experts say inflation is relatively low but voters feel differently: Grocery prices are a key component of any household budget, and rising food prices can ...
npr.org/2024/04/25/1247177492/why-experts-say-inflation-is-relatively-low-but-voters-feel-differently
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
Five Eyes countries working to fight critical minerals dumping, Canada minister says
reut.rs/3JxKgQY
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/
How we met: ‘She accosted me and told me she’d looked me up on Facebook’: Beccy, 49, and Natalie, 60, became best friends after she visited Natalie’s rescue farm ...
theguardian.com/global/2024/apr/25/how-we-met-she-accosted-me-and-told-me-shed-looked-me-up-on-facebook
Trans Mountain oil shippers raise concerns about risk of delay to full service: Some shippers on Canada's Trans Mountain expansion project are raising concerns ...
reuters.com/markets/commodities/trans-mountain-expects-first-ship-load-expanded-pipeline-second-half-may-2024-04-23/
Asahi Kasai to build EV battery component plant in Canada to supply Honda, Nikkei reports
reuters.com/business/autos-transportation/asahi-kasai-build-ev-battery-component-plant-canada-supply-honda-nikkei-reports-2024-04-24/
Monthly earnings rise, payroll employment falls: jobs report: The number of vacant jobs in Canada increased in February, while monthly payroll employment ...
ctvnews.ca/business/monthly-earnings-rise-payroll-employment-falls-jobs-report-1.6861362
Lakefield, Ont., couple celebrates $70M Lotto Max win after keeping it secret for 2 months | Globalnews.ca
trib.al/7Qr4fic
Yellen says economy performing well, inflation will ebb: Treasury Secretary Janet Yellen said on Thursday that the U.S. economy "continues to perform very ...
reut.rs/3QePZz6
Multiple crew members injured on set of Eddie Murphy movie ‘The Pickup’ - National | Globalnews.ca
trib.al/27ketpj
Japan is poised to fill an EV gap left by China: A new Honda facility in Canada shows that Asia’s auto industry is ready to meet North American needs.
japantimes.co.jp/commentary/2024/04/24/japan/japan-china-ev-gap/
Canada sanctions Iran defence minister, others after missile attack on Israel: Canada is targeting Iran's defence minister as part of a new round of sanctions ...
ctvnews.ca/politics/canada-sanctions-iran-defence-minister-others-after-missile-attack-on-israel-1.6861911
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
China launches 3-member crew to its space station as it seeks to put astronauts on the moon by 2030
ctvnews.ca/sci-tech/china-launches-3-member-crew-to-its-space-station-as-it-seeks-to-put-astronauts-on-the-moon-by-2030-1.6861538
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
Canada, U.S., U.K. lay additional sanctions on Iran over attack on Israel - National | Globalnews.ca
trib.al/1Ucx9Ax
Skies over southern Greece turn orange as winds blow dust across from North Africa
theglobeandmail.com/world/video-skies-over-southern-greece-turn-orange-as-winds-blow-dust-across-from/
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/
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
‘I feel great’: Nova Scotia man wins $1.5M after buying $200 in lottery tickets | Globalnews.ca
trib.al/YMHWp7n
Politics Briefing: Federal, Ontario governments commit up to $5-billion to Honda EV plant
theglobeandmail.com/politics/article-politics-briefing-federal-ontario-governments-commit-up-to-5-billion/
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Cuba apologizes to Canada for delivering wrong body to grieving family: Cuba apologized to Canada on Wednesday after authorities accidentally delivered the ...
english.alarabiya.net/News/world/2024/04/25/cuba-apologizes-to-canada-for-delivering-wrong-body-to-grieving-family
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
Canada's auto sector faces an EV renaissance, but local job protection is a concern
ctvnews.ca/politics/canada-s-auto-sector-faces-an-ev-renaissance-but-local-job-protection-is-a-concern-1.6861909
Chanel CEO Says Price Hikes Driven by Inflation, Craftsmanship: Chanel’s chief executive officer defended the luxury brand’s pricing after it raised the cost of ...
bloomberg.com/news/articles/2024-04-25/chanel-ceo-says-price-hikes-driven-by-inflation-craftsmanship
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Ontario is about to change when your boss can ask you for a sick note: Ontario is planning to relax rules on sick notes and is testing artificial intelligence ...
thestar.com/politics/provincial/ontario-is-about-to-change-when-your-boss-can-ask-you-for-a-sick-note/article_591ca7c2-025a-11ef-882c-cbb4058f9a21.html
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S&P/TSX composite down, U.S. markets mixed ahead of tech earnings and economic data | Globalnews.ca
trib.al/U3bnDv7
Motorcyclist seriously injured in Etobicoke collision: Toronto paramedics transported a man in his 40s to hospital with non-life-threatening injuries.
thestar.com/news/gta/motorcyclist-seriously-injured-in-etobicoke-collision/article_d59c4650-0231-11ef-85d7-d3d0db35d5b4.html
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Smile, Bob’s just here to kill you: bureaucratic euthanasia is part of the fun in Caitlin Cronenberg’s darkly amusing ‘Humane’
thestar.com/entertainment/movies/smile-bob-s-just-here-to-kill-you-bureaucratic-euthanasia-is-part-of-the-fun/article_e17ea708-0275-11ef-b458-7bb7c292d6f5.html
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Ottawa injects another $36.4-million into vaccine injury compensation fund: To date, a private firm called OXARO has received $56.2 million from Ottawa to run ...
theglobeandmail.com/canada/article-ottawa-injects-another-364-million-into-vaccine-injury-compensation/
Taiwan 2024 GDP forecast is 3.29% | Taiwan News | Apr. 25, 2024 14:16
taiwannews.com.tw/en/news/5673279
Shinan Govani: How a Toronto comedian found a viral audience impersonating the Barefoot Contessa, Ina Garten
thestar.com/entertainment/how-a-toronto-comedian-found-a-viral-audience-impersonating-the-barefoot-contessa-ina-garten/article_c6eeb85a-01b8-11ef-ad4d-8f71a7aa89b4.html
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Punjabi Canadian resident’s video sparks laughter and sympathy: From grappling with the intricacies of Canadian winters to navigating cultural differences ...
indianexpress.com/article/trending/trending-globally/punjabi-canadian-residents-video-sparks-laughter-sympathy-9290450/
CFL suspends Shawn Lemon indefinitely for gambling : The CFL has suspended veteran defensive lineman Shawn Lemon indefinitely for betting on league games.
ctvnews.ca/sports/cfl-suspends-shawn-lemon-indefinitely-for-gambling-1.6860198
Billions of bottles: Canadian statistics paint grim picture of plastic litter problem
ctvnews.ca/climate-and-environment/billions-of-bottles-canadian-statistics-paint-grim-picture-of-plastic-litter-problem-1.6862167
Bill would give Alberta power to fire municipal councillors, nix bylaws, allow political parties | Globalnews.ca
trib.al/1dIxfv7
BOJ keeps ultra-low rates, projects inflation near 2% for years: The Bank of Japan kept interest rates around zero on Friday and issued fresh estimates ...
reuters.com/markets/rates-bonds/bank-japan-may-signal-near-term-rate-hike-with-new-price-forecasts-2024-04-25/
LGBTQ+ rallies will be held across Canada next month. Here’s what to know - National | Globalnews.ca
trib.al/LOoato8
Canada will take bigger economic hit than U.S. if Trump wins election: report - National | Globalnews.ca
trib.al/fYbQT6P
Airbus granted reprieve from Canadian sanctions on Russian titanium, sources say: Source says it came to Ottawa’s attention there were unforeseen effects of the ...
theglobeandmail.com/politics/article-airbus-granted-reprieve-from-canadian-sanctions-on-russian-titanium/
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UK joins US, Canada in imposing sanctions on Iran’s drone, missile Industries: The UK on Thursday joined the United States and Canada in announcing a fresh set ...
english.alarabiya.net/News/middle-east/2024/04/25/uk-joins-us-canada-in-imposing-sanctions-on-iran-s-drone-missile-industries
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/
Vaccine injury compensation fund gets additional $36M from feds - National | Globalnews.ca
trib.al/jG4quVM
Indigenous delegates say they are being left out of key talks on global plastic pollution treaty
theglobeandmail.com/politics/article-indigenous-delegates-say-they-are-being-left-out-of-key-talks-on/
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Josef Newgarden's win in IndyCar's season-opening race has been disqualified. O'Ward named winner
ctvnews.ca/sports/josef-newgarden-s-win-in-indycar-s-season-opening-race-has-been-disqualified-o-ward-named-winner-1.6859997
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/
From pop to politics, what to know as Sweden prepares for the 2024 Eurovision Song Contest
thestar.com/entertainment/music/from-pop-to-politics-what-to-know-as-sweden-prepares-for-the-2024-eurovision-song/article_7d049fbd-cc71-5c9a-b646-f3fff1b94a3c.html
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TikTok vows to sue over potential U.S. ban. What’s the legal outlook? - National | Globalnews.ca
trib.al/0bfwjuV
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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Sainsbury’s Expects Retail Profit to Exceed £1 Billion This Year: J Sainsbury Plc expects a big jump in profit this year as the UK supermarket chain pulls in ...
bloomberg.com/news/articles/2024-04-25/sainsbury-s-expects-retail-profit-to-exceed-1-billion-this-year
U.S. airlines will be required to give automatic refunds for disrupted flights - National | Globalnews.ca
trib.al/2H7XIHl
Trudeau announces $5-billion loan guarantee program for Indigenous communities : The Prime Minister says the program will help Indigenous peoples receive a fair ...
theglobeandmail.com/politics/article-trudeau-announces-5-billion-loan-guarantee-program-for-indigenous/
Turkish rail officials jailed for more than 108 years for crash that left 25 dead
ctvnews.ca/world/turkish-rail-officials-jailed-for-more-than-108-years-for-crash-that-left-25-dead-1.6861277
U.S. Senate passes bill forcing TikTok's parent company to sell or face ban, sends to Biden for signature
ctvnews.ca/sci-tech/u-s-senate-passes-bill-forcing-tiktok-s-parent-company-to-sell-or-face-ban-sends-to-biden-for-signature-1.6859538
Quick Glance: What Lies Ahead for TikTok in the US?
- The US Senate has unanimously approved a bill that could potentially lead to the banning of TikTok within nine months, unless its Chinese owner, ByteDance, withdraws from the video-sharing app due to concerns about national security threats.
- President Joe Biden has confirmed his intention to sign the legislation on Wednesday.
- ByteDance acquired the well-known karaoke app Musical.ly and rebranded it as TikTok back in 2017. It has become one of the fastest-growing applications in the United States, boasting 150 million monthly subscribers.
S&P/TSX composite ekes out gain, U.S. stock markets fall | Globalnews.ca: Canada's main stock index eked out a gain Thursday thanks to energy and base metals ...
trib.al/h6fBFJ1
MPP Sarah Jama refuses order to leave Ontario legislature for wearing a kaffiyeh: Speaker Ted Arnott gave the order for Jama to leave during question period.
thestar.com/politics/provincial/mpp-sarah-jama-refuses-order-to-leave-ontario-legislature-for-wearing-a-kaffiyeh/article_31dfbc5c-0328-11ef-bdcd-eb710589ebf0.html
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Biden meets 4-year-old Abigail Edan, an American who was held hostage by Hamas: President Joe Biden met Wednesday with Abigail Edan, the 4-year-old American girl ...
ctvnews.ca/world/biden-meets-4-year-old-abigail-edan-an-american-who-was-held-hostage-by-hamas-1.6860857
Music Review: Pet Shop Boys have done it yet again with catchy and bittersweet ‘Nonetheless’
thestar.com/entertainment/music/music-review-pet-shop-boys-have-done-it-yet-again-with-catchy-and-bittersweet-nonetheless/article_cb46ee57-de0b-5948-aa45-c4587d561b0a.html
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NHL playoffs: The sky-high ticket prices for Round 1 home games in Canada | Globalnews.ca
trib.al/5Z6AUXO
Canada’s oddly specific EV credits for Honda amounts to poor industrial policy : The federal government and Ontario’s a multibillion-dollar deal with Honda would ...
theglobeandmail.com/business/commentary/article-canada-honda-electric-vehicle-chain/
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Ontario to increase speed limits on several parts of Highway 401, and other major highways
thestar.com/politics/provincial/ontario-to-increase-speed-limits-on-several-parts-of-highway-401-and-other-major-highways/article_7fcf8518-0243-11ef-bb89-53714d450e92.html
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U.S. economy grew at 1.6% annualized rate in first quarter: By comparison, GDP increased at 3.4% annual rate in the fourth quarter of 2023.
axios.com/2024/04/25/us-economy-gdp-report-q1-2024
Ikea Canada cut prices on 800 items this month. Which ones? - National | Globalnews.ca
trib.al/oz5DrbO
How Charlotte Day Wilson let go of perfection to record stirring new album ‘Cyan Blue’
thestar.com/entertainment/music/how-charlotte-day-wilson-let-go-of-perfection-to-record-stirring-new-album-cyan-blue/article_d1397b10-017c-11ef-bedd-7bcf892cf6e4.html
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Conservatives, NDP demand Ottawa protect Canadians' jobs at new EV plants: Canadian workers are being sidelined in favour of foreign workers at the NextStar ...
montrealgazette.com/news/national/conservatives-ndp-demand-ottawa-protect-canadians-jobs-at-new-ev-plants
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