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'Tough' 6-12 months ahead for Canadians amid inflation, rate hikes: expert
TORONTO — As Canadians face a double whammy of skyrocketing inflation and the largest interest rate hike seen in 24 years, one expert is warning that prices won't be coming down anytime soon.
Jul 14, 2022 3:28 PM
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Fed board member opens door to 1-point hike if demand rises
WASHINGTON (AP) — Christopher Waller, a member of the Federal Reserve's Board of Governors, said Thursday that he would be open to supporting a huge 1 percentage point increase in the Fed's key short-term interest rate later this month if upcoming ec
Jul 14, 2022 2:32 PM
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Officials suggest pipeline company hid problems after spill
BILLINGS, Mont. (AP) — U.S.
Jul 14, 2022 2:31 PM
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Closing employment gap for Indigenous youth key to addressing labour shortage: Study
HALIFAX — Closing the employment gap for Indigenous youth in Atlantic Canada is key to easing the region's acute labour shortage, new research released Thursday said.
Jul 14, 2022 2:30 PM
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Italian Premier Mario Draghi says he will resign
ROME (AP) — Italian Premier Mario Draghi has told his Cabinet he will offer his resignation on Thursday evening to the president, following the refusal of a coalition ally to support a government bill.
Jul 14, 2022 1:00 PM
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Statistics Canada says manufacturing sales fell 2.0 per cent to $71.6 billion in May
OTTAWA — Canadian manufacturing sales fell 2.0 per cent to $71.6 billion in May as auto production fell in the month, Statistics Canada said Thursday.
Jul 14, 2022 12:21 PM
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Here are some money-saving tips for a busy summer full of events
TORONTO — Shannae Ingleton Smith has a crammed calendar this summer.
Jul 14, 2022 10:00 AM
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Cannabis company Organigram reports $2.8M Q3 loss, gross revenue up 90%
MONCTON, N.B. — Organigram Holdings Inc. reported a loss of $2.8 million in its latest quarter as its gross revenue rose 90 per cent compared with a year ago. The cannabis company says the loss amounted to 0.
Jul 14, 2022 9:32 AM
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Wholesale inflation in June surged 11.3% from a year ago
WASHINGTON (AP) — Inflation at the wholesale level climbed 11.3% in June compared with a year earlier, the latest painful reminder that inflation is running hot through the American economy. The Labor Department reported Thursday that the U.S.
Jul 14, 2022 9:09 AM
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Barrick produces 1.04 million ounces of gold and 120 million pounds of copper in Q2
TORONTO — Barrick Gold Corp. says according to its preliminary figures it produced 1.04 million ounces of gold and 120 million pounds of copper in its second quarter and remains on track to achieve its production guidance for the year.
Jul 14, 2022 8:26 AM
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