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Inflation hits lowest level since August 2021, but BoC not expected to back off yet

Inflation hits lowest level since August 2021, but BoC not expected to back off yet

OTTAWA — The Bank of Canada is expected to keep interest rates elevated for some time even as the country's annual inflation rate falls rapidly
Bank regulator sees growing concerns in real estate even as credit quality holds

Bank regulator sees growing concerns in real estate even as credit quality holds

TORONTO — Canada's bank regulator said it is preparing for strain in the housing market to potentially last throughout the year as it flags the sector as a growing concern.
Food inflation continues to slow, but still outpacing general CPI increases

Food inflation continues to slow, but still outpacing general CPI increases

TORONTO — Food inflation continued to outpace headline inflation in March, but experts say another year-over-year dip is an encouraging sign as consumers hope for relief at the grocery store. The price of groceries rose 9.
US reporter held by Russia on spying charges denied release

US reporter held by Russia on spying charges denied release

MOSCOW — A Russian judge ruled Tuesday that American journalist Evan Gershkovich must remain behind bars on espionage charges in a case that is part of a crackdown the Kremlin has intensified on dissent and press freedom since invading Ukraine.
Poland building electronic barrier on border with Russia

Poland building electronic barrier on border with Russia

WARSAW, Poland (AP) — Poland has begun building a state-of-the-art electronic barrier at its land border with Russia’s Kaliningrad exclave to monitor and counteract any illegal activity, the Polish interior minister said Tuesday.
T. rex skeleton sells for more than $5M at Zurich auction

T. rex skeleton sells for more than $5M at Zurich auction

BERN, Switzerland (AP) — Nearly 300 Tyrannosaurus rex bones that were dug up from three sites in the United States and assembled into a single skeleton sold Tuesday at an auction in Switzerland for 4.8 million francs ($5.
Weston to step back from Loblaw's day-to-day operations as company announces new CEO

Weston to step back from Loblaw's day-to-day operations as company announces new CEO

Galen Weston is stepping back from day-to-day operations of Loblaw Companies Ltd. in a senior leadership shuffle that will see a European retail executive take over as president and CEO.
Mars head Yung Wu announces plan to step down from role as tech incubator's CEO

Mars head Yung Wu announces plan to step down from role as tech incubator's CEO

TORONTO — Yung Wu has founded, built and invested in at least seven companies, but there's one thing that's not his strong suit: retiring. The first time the serial entrepreneur retired was in 2007, after the sale of his first company, Castek Inc.
Why some young Canadians are choosing the DINK lifestyle

Why some young Canadians are choosing the DINK lifestyle

Sovereign Norris and her partner don't want to have kids. “Economy wise, nature wise, with everything going on such as pandemics and world issues, I decided that I didn't want to bring a child into this world," said Norris.
Uber Eats launches cannabis delivery service in Vancouver, Victoria

Uber Eats launches cannabis delivery service in Vancouver, Victoria

VANCOUVER — A partnership between Uber Eats and cannabis resource company Leafly means British Columbia residents are now able to order legal pot and have it delivered to their door. Uber Canada says, starting immediately, B.C.
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