CMHC Says Annual Pace of Housing Starts Slowed in June Compared with May

THE DROP CAME AS THE ANNUAL RATE OF URBAN STARTS FELL THREE PER CENT TO 257,438 UNITS Courtesy of Barrie 360, and Canadian Press Published: Jul 18th, 2022 Ottawa Canada Mortgage and Housing Corp. says the annual pace of housing starts in June slowed compared with May. The national housing agency says the seasonally adjusted…

Ontario Government, Education Union Begin Contract Negotiations

Ford said last month that teachers would be getting a raise bigger than one per cent Courtesy of Barrie 360 and Canadian Press Published: Jul 18th, 2022 By Holly McKenzie-Sutter By Holly McKenzie-Sutter Bargaining began Monday between the Ontario government and a major education union, the first in a series of talks scheduled with labour groups in…

Conference Board of Canada

War and COVID-19 Could Affect Long-Term Outlook: Canada’s Outlook to 2024The Conference Board of CanadaJune 21, 2022Issue briefing Link to article: https://www.conferenceboard.ca/e-library/abstract.aspx?did=11704&utm_source=ec&utm_medium=email&utm_campaign=ISS22BUNJUNE30&mkt_tok=MDk0LUVHRi02MzkAAAGFaSP-rZtAotYULAPwm9TZATaoiMoZnt-DMpB8fDTkRd1zmomqj8EajZgk_DnH4cJBLeZTUut3-qWGsu9unnC854avKwDF6m23dtqNDCLvh1Bz This report presents a mid-year update of our long-term national economic outlook. Document HighlightsOur long-term outlook hasn’t changed significantly since the autumn update. However, we acknowledge that, while difficult to quantify, the effects…

Canadian Dollar Falls To A 20-Month Low After Supersized Interest Rate

The U.S. Dollar Meanwhile Gained Further Ground Against Most Major Currencies Courtesy of Barrie 360 and Canadian Press Published: Jul 14th, 2022 12:13pm Toronto The loonie hit a 20-month low, one day after the Bank of Canada announced its largest interest rate hike since 1998. The Canadian dollar traded at a low of 75.62 cents…

Health Canada Approves First COVID-19 Vax for Youngest Kids

THE VACCINE REQUIRES TWO DOSES GIVEN ABOUT FOUR WEEKS APART Courtesy of Barrie 360 and Canadian Press Jul 14th, 2022 10:13am Facebook Twitter By Laura Osman in Ottawa Canada’s drug regulator approved Moderna’s COVID-19 vaccine for infants and preschoolers Thursday, making it the first vaccine approved for that age group in the country. Health Canada now says the…

BDC Monthly Economic Letter – rising interest rates

July 2022 July 2022 Feature article Canadian economy at a glance U.S. economy at a glance Oil market update Other economic indicators See Full Article: https://www.bdc.ca/en/articles-tools/entrepreneur-toolkit/publications/monthly-economic-letter/2207?utm_campaign=MEL–Monthly-economic-letter–07-2022–NEWS–EN&utm_medium=email&utm_source=Eloqua Rising interest rates: When will it end? Between runaway inflation and rapidly rising interest rates, cost pressures have been mounting for consumers and businesses in Canada. These are conditions Canadians…

COVID Outbreaks More Than Doubled In Ontario Long Term Care Homes Since Last Weekly Report

IN THE TWO-WEEK PERIOD ENDING JULY 9, 44 PEOPLE AGED 80 AND OLDER DIED FROM COVID Courtesy of Barrie 360 and Canadian Press: Jul 15th, 2022 Facebook Twitter By Holly McKenzie-Sutter in Toronto New COVID-19 outbreaks more than doubled in Ontario long-term care homes in the first week of July, Public Health Ontario says, as the sector sees…

This Week’s Podcast: Patricia Dent: Winning My Battle With Cancer (x2)

This episode is a personal one for me, touching on my experience with cancer (from the inconvenient timing that paused a new business) to the range of treatments and support I received to recover fully – I am going to list them below. Cancer is now rampant – with 1 in 2 people who can…