Bombardier won’t contest Ottawa’s sole-source deal on new Boeing military planes
By The Canadian Press on December 19th, 2023
MONTREAL – Bombardier Inc. says it won’t contest the federal government’s decision to replace the military’s aging patrol planes with aircraft from U.S. rival Boeing Co. The government announced last month it will buy at least 14 Boeing surveillance planes from the United States in a sole-source deal that marks the coming phaseout of its ... Read More »
Be the first to comment!Alberta to allow pot shops to sell cannabis at adult-only trade shows, festivals
By The Canadian Press on December 19th, 2023
EDMONTON – Albertans will soon see pot shops selling cannabis at some festivals and trade shows. The province says it will begin allowing licensed cannabis retailers to operate temporary sales locations at adult-only events come Jan. 31. The change to Alberta’s cannabis regulations comes months after the country marked its five-year anniversary of recreational pot ... Read More »
Be the first to comment!Bad financial advice comes in many forms. Knowing how to spot it can save you money
By Pascale Malenfant, The Canadian Press on December 19th, 2023
Whether it came from a family member, social media influencer or certified professional, if you’re a millennial or gen Z who’s been burned by bad financial advice in the past year, you can take some solace in knowing you’re not alone. When it comes to the kind of bad advice young people seem to be ... Read More »
Be the first to comment!Inflation holds at 3.1% in November as progress in tamping down price growth stalls
By Nojoud Al Mallees, The Canadian Press on December 19th, 2023
OTTAWA – Canada’s annual inflation rate was unchanged last month, holding steady at 3.1 per cent as progress on tamping down price growth stalled. The November consumer price index report released Tuesday from Statistics Canada shows higher prices for recreation and clothing put upward pressure on inflation. Forecasters were widely expecting to see inflation tick ... Read More »
Be the first to comment!Stock market today: Wall Street drifts near records, Japanese stocks climb
By Elaine Kurtenbach And Matt Ott, The Associated Press on December 19th, 2023
NEW YORK (AP) – Wall Street is drifting near record highs amid hopes that moves by Japan’s central bank to keep interest rates easy for investors could be a preview for the rest of the world. The S&P 500 was up 0.2% early Tuesday, just 1% shy of its record set a little bit less ... Read More »
Be the first to comment!Inflation rate holds steady at 3.1 per cent in November as grocery price growth slows
By The Canadian Press on December 19th, 2023
OTTAWA – Canada’s annual inflation rate was unchanged last month, holding steady at 3.1 per cent as progress on tamping down price growth stalled. The November consumer price index report released Tuesday from Statistics Canada shows higher prices for recreation and clothing put upward pressure on inflation. But the report spelled some good news when ... Read More »
Be the first to comment!Statistics Canada reports record population growth in Q3, population grows by 430,000
By The Canadian Press on December 19th, 2023
OTTAWA – Canada’s population grew by more than 430,000 during the third quarter, marking the fastest pace of population growth in any quarter since 1957. Statistics Canada released its population estimates as of Oct. 1, which shows Canada’s population topped 40.5 million. It says country’s total population growth over the first nine months of the ... Read More »
Be the first to comment!Canadian Press NewsAlert: Record population growth in Q3, population grows by 430,000
By The Canadian Press on December 19th, 2023
OTTAWA – Statistics Canada says the country’s population grew by more than 430,000 during the third quarter, marking the fastest pace of population growth in any quarter since 1957. More coming... Read More »
Be the first to comment!Canada’s annual inflation rate holds steady at 3.1 per cent in November
By The Canadian Press on December 19th, 2023
OTTAWA – Statistics Canada says the annual inflation rate was unchanged in November, holding steady at 3.1 per cent. The consumer price index report today shows progress on easing inflation stalled as higher prices for recreation and clothing put upward pressure on headline inflation. Meanwhile, the pace of grocery price increases continued to slow for ... Read More »
Be the first to comment!Guilbeault to outline plan today to phase in electric-vehicle sales mandate
By The Canadian Press on December 19th, 2023
OTTAWA – Environment Minister Steven Guilbeault will outline today the details of his plan to eventually phase out the sale of gas-powered vehicles in Canada. The electric-vehicle sales mandate regulations will be published later this week. They will set a course to require auto manufacturers to ensure at least one-fifth of the vehicles they offer ... Read More »
Be the first to comment!Statistics Canada to release November inflation figures today
By The Canadian Press on December 19th, 2023
OTTAWA – Statistics Canada is set to release its November consumer price index report this morning. Economists at both TD and RBC are expecting Canada’s inflation rate fell back to the one to three per cent target range. RBC says it expects Canada’s inflation rate eased to 2.9 per cent last month as gasoline prices ... Read More »
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