As Canadians continue to feel the pinch of decades-high inflation, one in four say they canβt afford an unexpected expense of $500, according to new data from Statistics Canada.
The report released on Monday also showed that more than one-third (35 per cent) of the population found it hard to make ends meet over the past year as the cost of everyday essentials soared.
https://globalnews.ca/news/9485521/canada-inflation-unexpected-expense-statcan/
#cosocanucks
#cosocanuks
#healh care
The federal government is offering the provinces and territories a health funding deal worth $196.1 billion over 10 years, including $46.2 billion in new money.
But the premiers say the plan appears to offer less money than they were looking for, especially in the first year of the proposed deal.
https://globalnews.ca/news/9467054/canada-health-care-summit-trudeau-premiers/
#cosocanuks #cosocanucks
#Freedom Convoy
The Parliamentary Protective Service said Friday it expects around 500 people to gather this weekend on Parliament Hill to mark one year since the so-called βFreedom Convoyβ rolled into downtown Ottawa.
The PPS, which provides security for the parliamentary precinct, said it will curtail some access to Parliament Hill over the weekend as a precaution.
https://globalnews.ca/news/9441807/freedom-convoy-anniversary-ottawa/
#cosocanuks
#cosocanucks
#Financial
Canadaβs six biggest banks raised their prime lending rates following an eighth consecutive increase to the Bank of Canadaβs benchmark interest rate.
The central bankβs target for the overnight rate now sits at 4.5 per cent following a quarter-point hike on Wednesday.
After Wednesdayβs decision, TD Bank, Scotiabank, BMO, RBC, CIBC and National Bank all raised their prime lending rate by 25 basis points to 6.7 per cent.
https://globalnews.ca/news/9438123/mortgage-prime-lending-rate-bank-canada-interest-hike/
Pierre Poilievre is unpopular in Canadaβs second-largest province β and so are his policies
The Conservative leaderβs tendency to overreach at the expense of hard facts mostly comes across as a symptom of political immaturity, Chantal HΓ©bert writes.
Premier Danielle Smith has delivered a third version of what she discussed with justice officials over how to handle the prosecution of people charged with breaking COVID-19 health rules.
Smith told her Corus radio show Saturday that she has urged Justice Minister Tyler Shandro and his deputy attorney general to consider whether the cases were in the public interest and whether there was a reasonable chance of conviction before proceeding.
Smith's talk show years β because she meant what she said
Smith had a chance, right there, to explicitly disavow some of her more incendiary plans.
But she canβt do that without seeming cynical or insincere for all those years. Her core supporters wouldnβt like it, and Smith herself might feel shecould be dishonest.
https://calgaryherald.com/opinion/columnists/braid-albertans-
wont-forget-smiths-talk-show-years-because-she-meant-what-she-said
@bluesbaby @daniel (any one following AB poli
Former Trump medical advisor has been invited to meet with Alberta officials: Premier Smith
Never told to leave': Freedom Convoy protesters say they didn't expect arrest after Emergencies Act
New Abacus poll shows 63% of Canadians believe the federal government 'made the best choice it could in the circumstances' to use the Emergencies Act
good cartoon at
https://nationalpost.com/news/politics/convoy-protesters-arrest-emergencies-act
As cases of the flu continue to spread across the country, influenza activity has crossed the seasonal threshold, according to Canadaβs public health agency.
With the weekly percentage of positive tests for flu sitting at 6.4 per cent β beyond the seasonal threshold of 5.0 per cent β the country could be headed toward an influenza epidemic, according to a recent report from the Public Health Agency of Canada (PHAC).
I n depth and in public, Olympic soccer gold-medalist Christine Sinclair, the top international goal scorer of all time and one of Canada's greatest athletes, reflects on both her exhilarating successes and her heartbreaking failures. Playing the Long Game is a book of earned wisdom on the value of determination and team spirit, and on leadership that changed the landscape of women's sport.
Freeland to give the fall economic statement in a few minutes.
Bank of Canada hikes interest rate by 50 basis points
Bank of Canada governor Tiff Macklem said he would continue raising interest rates this fall and he kept his promise. Macklem, with input from his deputies on Governing Council, raised the benchmark interest rate to 3.75 per cent β shockingly high, given that policy rates were close to zero at the beginning of the year.
Industry Minister François-Philippe Champagne says the federal government has officially denied a request to allow Rogers wholesale access to Shaw's wireless frequencies.
more to come
Canadian star Alphonso Davies suffered a "cranial bruise" in taking a boot to the face in Bayern Munich's 2-2 draw at Borussia Dortmund on Saturday
Davies got his head to the ball first and Bellingham's boot connected with his face, not the ball. Davies then fell to the ground, clutching his face.
With the World Cup looming next month, Davies' health will be a concern to John Herdman.
https://www.cbc.ca/sports/soccer/alphonso-davies-skull-contusion-1.6611523
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