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US inflation at new 40-year high as price increases spread
WASHINGTON (AP) — The prices of gas, food and most other goods and services jumped in May, raising inflation to a new four-decade high and giving American households no respite from rising costs. Consumer prices surged 8.
Jun 10, 2022 3:37 PM
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Hot U.S. inflation numbers sink North American stock markets ahead of Fed meeting
TORONTO — Higher-than-expected U.S. inflation prompted a selloff across North American stock markets as investors fear the Federal Reserve will hike interest rates even more aggressively and push the economy into recession.
Jun 10, 2022 3:29 PM
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Ranchers' group pushes back against Health Canada's 'vilification' of beef
CALGARY — A group representing Canadian ranchers says their industry has been unfairly singled out by proposed new regulations that would require packaged ground beef to be sold with a health warning label.
Jun 10, 2022 3:21 PM
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Stocks dive to another losing week as inflation worsens
NEW YORK (AP) — Wall Street’s shuddering realization that inflation got worse last month, not better as hoped, sent markets reeling on Friday. The S&P 500 sank 2.
Jun 10, 2022 3:00 PM
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Half a million passengers faced delays on international flights at Pearson in May
"Pearson airport is hell on earth." So declared Ryan Whitney, a former NHLer, in a social media post from Toronto’s main airport this week.
Jun 10, 2022 2:20 PM
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Charter tuna boat captains in P.E.I. hope for mackerel closure exemption
NORTH LAKE, PRINCE EDWARD ISLAND — A sport fishing industry that is synonymous with Prince Edward Island is hoping for an exemption to the recent closure of the Atlantic mackerel fishery, which is its primary source of bait.
Jun 10, 2022 1:33 PM
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Brookfield Asset Management Inc. selling five India-based road projects
TORONTO — Brookfield Asset Management Inc. is selling five road projects in India valued at US$1.2 billion to an infrastructure investment trust partially owned by two Canadian pension funds.
Jun 10, 2022 10:43 AM
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Here's a quick glance at unemployment rates for May, by Canadian city
OTTAWA — The national unemployment rate was 5.1 per cent in May. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.
Jun 10, 2022 7:18 AM
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Here's a quick glance at unemployment rates for May, by province
OTTAWA — Canada's national unemployment rate was 5.1 per cent in May. Here are the jobless rates last month by province (numbers from the previous month in brackets): _ Newfoundland and Labrador 10.0 per cent (10.8) _ Prince Edward Island 7.
Jun 10, 2022 7:11 AM
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National employment numbers for May from Statistics Canada, at a glance
OTTAWA — A quick look at Canada's May employment (numbers from the previous month in brackets): Unemployment rate: 5.1 per cent (5.2) Employment rate: 61.9 per cent (61.9) Participation rate: 65.3 per cent (65.
Jun 10, 2022 6:49 AM
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