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Food inflation may be easing but prices won't return to pre-pandemic levels, RBC says

Food inflation may be easing but prices won't return to pre-pandemic levels, RBC says

Canadians have been paying more for less food since early 2021.
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Unionized UPS workers vote to authorize a strike in high-stakes negotiations for a new contract

Unionized UPS workers vote to authorize a strike in high-stakes negotiations for a new contract

NEW YORK (AP) — Unionized UPS workers voted overwhelmingly on Friday to authorize a strike, setting the stage for a potential work stoppage if the package delivery company and Teamsters can’t come to an agreement before their contract expires next mo
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NBA suspends Ja Morant 25 games for latest social media incident involving a gun

NBA suspends Ja Morant 25 games for latest social media incident involving a gun

Memphis guard Ja Morant has been suspended for the first 25 games of the upcoming season for his second known incident of displaying what appeared to be a firearm on social media, the NBA announced Friday.
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Recent rain may not be enough to halt the shrinking of Canada's cattle herd

Recent rain may not be enough to halt the shrinking of Canada's cattle herd

CALGARY — Anxious Alberta ranchers praying for rain got their wish this week, but it may not be enough to stop the ongoing decline in Canadian cattle production.
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Wholesale sales excluding petroleum products and oilseeds and grains down in April

Wholesale sales excluding petroleum products and oilseeds and grains down in April

OTTAWA — Statistics Canada says wholesale sales excluding petroleum, petroleum products, and other hydrocarbons as well as oilseeds and grains fell 1.4 per cent to $80.9 billion in April.
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Temporary foreign workers need more paths to immigration, experts say

Temporary foreign workers need more paths to immigration, experts say

TORONTO — As hotel and restaurant owners increasingly turn to temporary foreign workers to fill labour gaps, there are growing calls to give those workers more paths to permanent residency.
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Stock market today: Asian shares track Wall Street rally, Bank of Japan stands pat

Stock market today: Asian shares track Wall Street rally, Bank of Japan stands pat

BANGKOK (AP) — Asian shares logged moderate gains on Friday after Wall Street benchmarks swept higher, extending their longest rally in a year and a half.
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May home sales, prices rise year-over-year as real estate market heats up

May home sales, prices rise year-over-year as real estate market heats up

Canada's real estate market continued to heat up in May with home sales posting their first year-over-year increase since June 2021 and the average price seeing its first year-over-year gain in a year.
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RONA Inc. getting rid of 500 jobs across Canada, citing 'new market realities'

RONA Inc. getting rid of 500 jobs across Canada, citing 'new market realities'

The company says decisions like these are never taken lightly.
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Bill that would force Meta, Google to bargain with publishers closer to becoming law

Bill that would force Meta, Google to bargain with publishers closer to becoming law

OTTAWA — A bill aimed at getting tech giants such as Meta and Google to pay publishers for news that appears on their platforms is one step closer to becoming law.
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