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Tag Archives: banks

P.E.I. to sell remaining U.S. booze, donate profits to food banks

Listen to this article Estimated 2 minutes The audio version of this article is generated by text-to-speech, a technology based on artificial intelligence. Prince Edward Islanders who have been missing their favourite American wines will soon have a chance to stock up. The provincial government has directed the P.E.I. Liquor …

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Alberta food banks grapple with high cost of free beef

Listen to this article Estimated 4 minutes The audio version of this article is generated by text-to-speech, a technology based on artificial intelligence. There’s no shortage of beef in southern Alberta, but food banks around Lethbridge are looking for help covering the costs of turning donated cattle into meat they …

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Wealthsimple launches credit card, new line of credit to challenge big banks

Wealthsimple Inc. announced its first credit card and a line of credit Wednesday as it ramps up efforts to challenge the dominance of Canada’s big banks. The expansion also includes the additions of mobile cheque deposits, wire transfers and bank drafts to the chequing account it launched in 2020 when …

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All banks to label Canada Carbon Rebate correctly, as Liberals defend embattled policy

When Canadians receive their carbon pricing rebates on Tuesday, it will be the first time all banks will label the payment as the Canada Carbon Rebate, the federal government says. This comes after years of inconsistent and vague phrasing on bank statements. The quarterly rebate goes to Canadians who filed their income …

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Ontario food banks ‘cannot keep up’ as usage reaches 8-year high

Ontario food banks “cannot keep up” as usage has reached an eight-year high, a new report reveals. Feed Ontario, a food bank network in the province, released new data Tuesday showing that 1,001,150 Ontarians visited a food bank at least once between April 1, 2023 and March 31, 2024, an …

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‘Piggy banks for them:’ Police crack down on fake Ontario bank accounts – Toronto

Toronto Police say they have cracked down on a scheme where hundreds of bank accounts with fake names were opened by one person. In a press conference on Monday, Det. David Coffey of the financial crimes unit alleges the accused used “synthetic identities” to defraud banks. “The synthetic identities can …

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Canadian food banks are on the brink: ‘This is not a sustainable situation’

Food banks in Canada are being pushed to the brink with high demand and donations not keeping pace. Experts say it’s unsustainable. The last four years have been financially tumultuous for Canadians. A global pandemic and rampant inflation have led to high grocery prices, with more and more people finding themselves …

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‘Crisis levels’: New report shows 1 in 10 Torontonians relying on food banks – Toronto

Advocates say Toronto’s food insecurity has hit “crisis levels” as a new report shows one in 10 people in the city are relying on food banks. The annual Who’s Hungry report reveals millions of visits to food banks in the city every year. It chronicles an ever-growing reliance on non-profits …

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Leftover, rescued produce helping food banks reduce waste

Half-price strawberries in stacked pallets and freshly gleaned spinach from a farm sit in a food bank’s walk-in fridge waiting to be redistributed. “There might be a few blemishes but you can just cut that off. It’s still good,” says Sieg Bressmer, holding a pack of deep red strawberries at …

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More students turning to food banks as inflation shrinks already tight budgets – Winnipeg

A local students’ association has seen significant increase in demand at their food bank, as the past year’s inflation has stretched some students’ budgets too thin. Chloe Polos, an administrative assistant with Red River College Polytechnic’s Students’ Association (RRCSA), has only been at her job since summer 2022 — but …

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