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Pharmacies in Toronto and across Ontario are now using time-delayed safes to secure narcotics such as oxycodone, morphine and codeine, and that have curbed the previously alarming increase in robberies. “To provide context, pharmacy robberies were very lucrative. Each pill obtained was sold for profit and there was an obvious …
Read More »Canada’s housing market has ‘rebounded sharply’. As rates rise, can it last? – National
The Bank of Canada’s return to interest rate hikes will not be enough to fully tamp down an uptick in activity in the housing market, argues a new report from Desjardins. Signals from the Bank of Canada that its interest rate tightening cycle had possibly peaked in January gave way …
Read More »Ontario’s economy to slow sharply, but rebound next year: fiscal watchdog
The Financial Accountability Office of Ontario says the province’s economic growth is expected to slow sharply this year with a modest recovery beginning next year. The FAO’s economic and budget outlook report projects a deficit of $2.5 billion in 2022-2023, but says that will improve to billion-dollar surpluses through the …
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