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Protests erupted in France this week against plans to raise the retirement age, with experts saying that people don’t want to defer their retirement any longer. While the nationwide strikes have been unique to the situation in France, some experts say the events still underscore the fact that retirement as a general concept …
Read More »Bank of Canada not ready to hit the brakes on rate hikes yet, economists say – National
Economists don’t believe the Bank of Canada is ready to hit the brakes on its interest rate-hiking cycle just yet, even as signs grow that inflation is easing and the economy is softening. Canada’s central bank is expected to announce its eighth consecutive rate increase on Wednesday, with most commercial …
Read More »Sales of vehicles, parts hit record high in November wholesale data: StatCan – National
By Staff The Canadian Press Posted January 19, 2023 9:36 am Descrease article font size Increase article font size Statistics Canada says wholesale sales rose 0.5 per cent month over month in November to $83.8 billion. The agency says the sales were boosted by the motor vehicle and motor vehicle …
Read More »Zellers is making a comeback in Canada this spring. Here are the locations
Zellers, a nostalgic discount brand, has unveiled the first 25 locations across Canada for its retail comeback. Hudson’s Bay Co. first announced plans to revive the Zellers brand in August of last year. The brand will return as an e-commerce site and as an “in-store experience” in select Hudson’s Bay stores …
Read More »RCMP says tips on shady finances ‘may not get investigated’ due to police constraints – National
The RCMP says many tips from Canada’s financial intelligence agency about possible crimes “may not get investigated” due to a lack of policing resources and conflicting priorities. The Mounties make the candid admission in a briefing note prepared for Public Safety Minister Marco Mendicino on the working relationship between the …
Read More »Canadians will see high oil, gas prices through 2023, experts say: ‘A very expensive time’ – National
Whether it was heating your home or filling up your vehicle, Canadians saw gas and oil prices soar to record highs last year. 2023 will not be much different, say experts. According to a new Deloitte report that forecasts oil and gas prices, Edmonton City Gate, a benchmark crude oil …
Read More »Gingerbread house sets out tasty path to Okanagan homeownership – Okanagan
Shelley Bowolin and her daughter Grace reconstructed one of the Habitat for Humanity Okanagan houses from Lake Country in gingerbread form and, in turn, won the People’s Choice Award for the 2022 Jingle Bell Build. It was the third year of the gingerbread house-building competition and winning for their tasty, …
Read More »Canada’s highest-paid CEOs made average of $14.3M in 2021, shattering records: report – National
Canada’s highest-paid CEOs and other top executives shattered records for compensation in 2021, according to a new report, earning an average of $14.3 million as soaring inflation began to take hold. The average calculated in the report from the Canadian Centre for Policy Alternatives (CCPA), released Monday, far surpasses the …
Read More »Canadian Sunwing passengers stranded in Mexico for 5 days with ‘no communication’
As hundreds of Canadians scramble to get home after their Sunwing flights from Mexico were cancelled last week, a passengers’ rights advocate says stranded travellers should consider legal action if they aren’t compensated by the airline. As of Sunday, hundreds of Canadian travellers were stuck in Cancun, Mexico after Sunwing …
Read More »Man runs for 24 hours for 7th year to raise money for Winnipeg homeless shelter – Winnipeg
Junel Malapad has been running on Boxing Day to raise money for the Siloam Mission homeless shelter in Winnipeg for seven years now. “I’m going to run about 100 to 160 km, somewhere in between there,” he said. He began running at 12 a.m. sharp on Dec. 26 and he …
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