October 14th, 2024

Guatemalans angered as president-elect’s inauguration delayed by wrangling in Congress

By Sonia Pérez D., The Associated Press on January 14th, 2024

GUATEMALA CITY (AP) – Guatemalan President-elect Bernardo Arévalo waited to be sworn into office Sunday as the old-guard Congress dawdled and delayed the inauguration, sparking angry protests by demonstrators tired of months-long attempts to keep him from taking office. Supporters who had been waiting hours for a festive inauguration celebration in Guatemala’s City’s emblematic Plaza ... Read More »

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Economists expect December inflation ticked up, trend still points to slowdown

By Nojoud Al Mallees, The Canadian Press on January 14th, 2024

OTTAWA – Economists are forecasting Canada’s inflation rate likely ticked up last month, but that isn’t expected to set off alarm bells as long as underlying price pressures ease. Statistics Canada is scheduled to release its December consumer price index report on Tuesday, offering a look at the overall inflation rate for 2023. Forecasters are ... Read More »

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Halal food industry growing to meet demand as Muslim population continues rising

By Rosa Saba, The Canadian Press on January 14th, 2024

Eleven years ago, the recipe for the McCain Deep’n Delicious cake – a decades-old Canadian classic – changed. To many Canadians, the removal of beef gelatin from the cake’s components may have gone unnoticed. But for Muslim shoppers used to checking the ingredients of food products, it was cause for celebration. “It went kind of ... Read More »

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Nova Scotia Power gives details of application to pass on Fiona damage to customers

By Michael Tutton, The Canadian Press on January 13th, 2024

HALIFAX – Nova Scotia Power is detailing how it wants to recover costs incurred due to massive damage from post-tropical storm Fiona, arguing it needs to receive almost $25 million from ratepayers over five years. The filing before the provincial regulator says the utility wishes to defer passing along operational costs until 2025 after the ... Read More »

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US military strikes another Houthi-controlled site after warning ships to avoid parts of Red Sea

By Jon Gambrell And Aamer Madhani, The Associated Press on January 12th, 2024

DUBAI, United Arab Emirates (AP) – The U.S. military early Saturday struck another Houthi-controlled site in Yemen that they have determined was putting commercial vessels in the Red Sea at risk. That’s according to two U.S. officials who spoke anonymously to The Associated Press to discuss an operation that hadn’t yet been publicly announced. The ... Read More »

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Regulator approves Trans Mountain pipeline variance request

By Amanda Stephenson, The Canadian Press on January 12th, 2024

CALGARY – The Canada Energy Regulator has approved a request for a pipeline variance from the company building the Trans Mountain pipeline. The regulator said Friday evening it will release the reasons for its decision in the coming weeks. At an oral hearing in Calgary Friday, the Crown corporation behind the project urged the regulator ... Read More »

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‘Every day counts’: Trans Mountain urges speed on variance decision from regulator

By Amanda Stephenson, The Canadian Press on January 12th, 2024

CALGARY – The Canada Energy Regulator said it will issue its decision “in due course” after hearing arguments Friday from the company building the Trans Mountain pipeline expansion on its request for a pipeline variance. At an oral hearing in Calgary, the Crown corporation behind the project urged the regulator to make a decision quickly ... Read More »

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TSX rises Friday, while U.S. markets end mixed on inflation data, bank earnings

By Rosa Saba, The Canadian Press on January 12th, 2024

TORONTO – Canada’s main stock index posted a small gain Friday, while U.S. markets were mixed following a report on wholesale inflation and the start to fourth-quarter earnings season. The S&P/TSX composite index closed up 71.82 points at 20,990.22. In New York, the Dow Jones industrial average was down 118.04 points at 37,592.98. The S&P ... Read More »

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S&P/TSX composite rises Friday, U.S. markets mixed on inflation data, bank earnings

By The Canadian Press on January 12th, 2024

TORONTO – Canada’s main stock index posted a small gain Friday, while U.S. markets were mixed following a report on wholesale inflation and the start to fourth-quarter earnings season. The S&P/TSX composite index closed up 71.82 points at 20,990.22. In New York, the Dow Jones industrial average was down 118.04 points at 37,592.98. The S&P ... Read More »

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73% of pot purchases from legal sources, up from 37% in 2019: Health Canada

By The Canadian Press on January 12th, 2024

OTTAWA – An annual survey from Health Canada shows 73 per cent of respondents are buying their cannabis from legal sources. That number compares with 37 per cent in 2019, the year after Canada first legalized cannabis. Almost 70 per cent were using legal sources in 2022. In addition to more Canadians buying cannabis from ... Read More »

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Stock market today: Wall Street closes out its 10th winning week in 11 with a mixed finish

By Stan Choe, The Associated Press on January 12th, 2024

NEW YORK (AP) – Wall Street drifted to a mixed finish as it closed out its 10th winning week in the last 11. The S&P 500 ended Friday up 0.1% and remains within 0.3% of its record after earnings season kicked off with mixed results from Delta Air Lines and others. The Dow fell 0.3%, ... Read More »

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