Category: Uncategorized
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Posthaste: Pressure ramps up on Bank of Canada to start ‘insurance hikes’ in October, economist says
The Bank of Canada could be forced to play catch-up after the United States Federal Reserve hiked interest rates on Wednesday for the first time in three years, one economist says, while others think policymakers still have some room to manoeuvre, though the window to stand pat is closing. “We’ve actually pulled forward our Bank…
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Ontario trucker sent to prison in U.S. for hauling cocaine allegedly for Ryan Wedding’s cartel
An Ontario truck driver who was caught at the border trying to smuggle cocaine from the United States into Canada — allegedly for Ryan Wedding, the Canadian Olympic snowboarder named as an international narco mastermind — was sentenced to nine years in a U.S. prison after court proceedings draped in secrecy. Iqbal Singh Virk, 58,…
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Sweden consistently outperforms Canada on universal health care despite similar spending: new study
Sweden and Canada operate publicly financed universal health-care systems, but access to care in the Nordic country is “markedly better,” according to a new report from the Fraser Institute. In 2024, wait times leading to unmet medical needs affected two per cent of Swedes, compared with 9.1 per cent of Canadians, says the report’s author,…
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Posthaste: Gen Z embraces side-hustle entrepreneurship
Younger Canadians are embracing entrepreneurship more than older generations, even if it means working on their own projects around their full-time jobs. Nearly half of gen-Zers are operating a side hustle along with their primary job, while another 32 per cent aspire to start their own business as a second job, according to Royal Bank…
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WestJet to start serving Tim Hortons coffee on flights
Passengers flying with WestJet Group can soon drink Tim Hortons -branded coffee on board following the two Canadian brands’ new partnership. WestJet said, starting Nov. 30, it will serve a new custom-crafted Tim Hortons blend “specifically designed to taste its best at 35,000 feet” and created exclusively for the partnership. Chief commercial officer John Weatherill…
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Metro reaches deal with workers on strike since March
Metro Inc. has reached an agreement in principle with its employees who have been on strike since March 20. Unionized employees at the produce distribution centre in Laval, Que., transportation and head office, will vote on Sept. 24 whether to ratify the renewal of the collective agreement. Over 550 of the workers are represented by…
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Frank Stronach won’t have to go to jail, judge says, after dramatic day of argument
TORONTO — Frank Stronach will not go to jail for the crime of indecent assault, a judge said in surprise final comments at his sentencing hearing. Judge Anne Molloy of the Ontario Superior Court said Stronach should return to hear his sentence in December. It will not be custodial but still could involve conditions on…
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Michigan CEO apologizes for ‘Lake America’ post shared before travelling to Halifax
A Michigan credit union CEO has apologized following pushback online for a social media post showing her and her family wearing “Lake America” sweatshirts and stating that she is “not sure” Canada would like them. The family was preparing to embark on a trip to Halifax. Jane Smith, head of the Family First Credit Union…
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Younger Canadians most divided on academic freedom protecting political views: poll
Political advocacy in a post-secondary classroom where it does not relate to the subject matter could become a “threat to academic freedom” if left unchecked, warns Association for Canadian Studies president Jack Jedwab. While new polling for the organization indicates the majority (60 per cent) of Canadians firmly feel academic freedom shouldn’t protect a professor…
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How change and sovereignty — not Trump — are making their way into the Quebec election
OTTAWA — The Quebec election campaign is already more than halfway done, with polls showing that the Parti Québécois is still in the lead while the incumbent Coalition Avenir Québec’s “Trump bump” thanks to the trade war is slowly fading away. Still, with a large proportion of Quebecers who remain undecided, it’s no wonder that…