'Exaggerated' pandemic benefits fuelled 'excess demand,' driving steeper rate hikes: Scotiabank
Synopsis by National Post Dec 06 22
Scotiabank estimates Tiff Macklem could have stopped raising ...Read full article 
Financial Post: 'Exaggerated' pandemic benefits fuelled 'excess demand,' driving steeper rate hikes: Scotiabank
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| Last Updated | Dec 07 22 |
| Total Articles | 4 |
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respiratory syndrome and infectious disease in humans, caused by SARS coronavirus 2
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Honda will build electric vehicles and their parts in Ontario with financial support from the Canadian and provincial governments under a plan to be announced ...
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Quick Glance: Honda's Major Investment in Electric Vehicle Factory in Ontario
- According to sources from federal and provincial government levels, Honda is planning to establish a significant new electric vehicle facility in Ontario.
- The forthcoming announcement of the agreement is expected to take place at Honda's facility in Alliston, where plans for a comprehensive project to manufacture electric vehicles, batteries, and components will be revealed.
- Honda's investment in Alliston is projected to surpass the existing major projects in the electric vehicle production sector in Ontario.
- The disclosure of the agreement with Honda is seen as a significant step in the government's efforts to attract companies for establishment in Canada within the emerging electric vehicle industry.
Dashcam video shows dramatic rescue from burning car: Drivers in Minnesota stopped in the middle of a highway to help pull a man out from a vehicle on fire.
bbc.com/news/av/world-us-canada-68860065
Canada's planned capital gains tax hike may choke mining startups, dealmakers say
reuters.com/markets/commodities/canadas-planned-capital-gains-tax-hike-may-choke-mining-startups-dealmakers-say-2024-04-22/
Quick Glance: Canada's Proposed Capital Gains Tax Hike May Impact Mining Start-ups
- Canada's Prime Minister Justin Trudeau and Finance Minister Chrystia Freeland hold the 2024-25 budget, surrounded by members of Parliament on the hill of Ottawa. Canada's planned capital gains tax hike could deter investments in mineral exploration, according to the country's leading stock exchange operators and dealers.
- Prime Minister Justin Trudeau's government proposes increasing the share of capital gains subject to taxation to two-thirds for individuals with annual investment profits of over C$250,000 ($181,752), companies, and trusts to raise revenue for public programs. The measure will be effective on June 25 and could undergo amendments.
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- Industry lobby groups hope the government will provide an exemption for flow-through share investors, as failure to do so could jeopardize over 70% of all resource explorations in Canada. The proposed measure is feared to potentially signal the end of many mineral explorations in Canada.
‘She gets to be 10’: Ontario child’s heart donated to girl the same age | Globalnews.ca
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Train cars catch fire while moving through Ontario: Local officials reported no injuries after five train cars were spotted ablaze heading towards a downtown ...
bbc.com/news/av/world-us-canada-68878299
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Police arrest six, seek three others linked to Canada's largest gold heist: Canadian and U.S. authorities said on Wednesday six people have been arrested and ...
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Canada to lease government land in plan to add millions of homes: Canada plans to ease a housing shortage by leasing public land to developers for construction ...
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Quick Glance: Canada's Ambitious Housing Plan to Address Crisis
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Tesla layoffs bring the entire electric-vehicle industry into question: The layoffs are an indicator of how sweeping the slowdown in EV uptake has become
theglobeandmail.com/business/commentary/article-tesla-layoffs-bring-the-entire-electric-vehicle-industry-into-question/
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Canada unveils more taxes on rich, EV tax credits in federal budget: Here are some of the key government measures and proposals outlined in the 2023-24 budget ...
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Compass Point listed for nearly $20 million: The five-storey Compass Point building on the outside edge of the City of Hamilton is up for sale, listed for $19 ...
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Tornadoes and flooding as storms hit southeast US: A deadly storm system has moved through Louisiana and into Florida, leaving behind damaged homes.
bbc.com/news/av/world-us-canada-68801634
Quick Glance: Devastating Impact of Tornadoes and Flooding in Southeastern US
- A powerful and deadly storm system has severely hit the southern US this week, causing destroyed homes, uprooted trees, and leaving thousands without power.
- Tornado alerts were issued in some areas of Louisiana and Alabama as storms swept through the region.
- Quick action helped prevent a worse outcome in a shooting in Philadelphia, as reported by Police Commissioner Kevin Bethel.
- A Republican and a Democrat spoke to BBC News after meeting with President Zelensky, emphasizing the urgent need for the US to provide aid to Ukraine.
China tried to meddle but Canadians decided the last two elections, says PM Trudeau
reuters.com/world/americas/china-tried-meddle-canadians-decided-last-two-elections-says-pm-trudeau-2024-04-10/
Quick Glance: Alleged Chinese Interference in Canadian Elections: Trudeau Confirms Independence
- Canada's Prime Minister Justin Trudeau reported to an official inquiry that China attempted to intervene in the last two Canadian elections, but the outcomes were unaffected, and it was deemed 'improbable' that Beijing favored a specific party.
- Under pressure from opposition lawmakers dissatisfied with media reports on China's potential involvement in the elections, Trudeau established the commission.
- Erin O'Toole, who led the main opposition Conservative party during the 2021 campaign, estimated that Chinese interventions may have cost his party up to nine seats but did not alter the election's course. Trudeau's Liberal Party emerged victorious in both instances.
- Canada's domestic intelligence agency informed the commission of China's 'clandestine and deceptive' interference in both elections, marking the most substantial evidence thus far of suspected Chinese meddling in Canadian politics.
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thenationalnews.com/world/2024/03/26/2024-solar-eclipse-time-date/
Palestinian kaffiyehs banned from the Ontario legislature: Speaker Ted Arnott has prohibited Palestinian kaffiyehs from being worn by anyone — MPPs or guests — ...
thestar.com/politics/provincial/palestinian-kaffiyehs-banned-from-the-ontario-legislature/article_a31562e6-fd01-11ee-8070-dfcec7f444a8.html
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A challenge to leftist bias moves into America’s public universities: Florida leads a push against prevailing progressivism
economist.com/united-states/2024/04/11/a-challenge-to-leftist-bias-moves-into-americas-public-universities
Quick Glance: Conservative Reforms in Florida's Public Universities
- In Florida, Yale alumni are driving ambitious plans to reform higher education.
- Governor Ron DeSantis is advocating for changes at public universities in Florida.
- The University of Florida is implementing significant reforms, including the establishment of the Hamilton Centre.
- The Hamilton Centre at UF aims to be America's top program in Western civilization.
Train goes up in flames while rolling through London, Ont. Here’s what we know | Globalnews.ca
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Team Canada knocks off Team USA, claims gold medal in IIHF Women’s World Championship overtime thriller
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Paid articlePaid Kate Garraway defended over luxury flight after sharing her £800k debt: Good Morning Britain star Kate Garraway has been defended by fans after she shared a snap ...
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Quick Glance: Support for Kate Garraway after Luxury Flight and £800k Debt
- Fans rally around Kate Garraway after she shares a photo of her luxurious return flight following a work trip abroad despite a debt of £800,000.
- The Good Morning Britain host took to Instagram to express gratitude for the outstanding service on her Emirates flight, facing international storms and delays.
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What's a Barnacle? It's yellow, sticks and screams if you try to pry it off your car
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Canadian dollar posts biggest weekly decline in 11 months: The Canadian dollar weakened to a near five-month low against its broadly stronger U.S ...
reuters.com/markets/currencies/canadian-dollar-posts-biggest-weekly-decline-11-months-2024-04-12/
2024 solar eclipse: A guide on where and how to watch it: Sky-gazers across North America are in for a treat on April 8 when a total solar eclipse will pass over ...
cnn.com/2024/04/07/world/preview-total-solar-eclipse-time-path-scn/
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- Eclipses offer valuable insights for scientific discoveries, including projects studying the sun's corona and radio wave behavior.
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Toronto, Canada to Puerto Vallarta, Mexico for only $397 CAD roundtrip: Cheap flights from Toronto, Canada to Puerto Vallarta, Mexico for only $397 CAD roundtrip ...
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Justin Trudeau is beset by a divided party and an angry electorate: After almost a decade in power, Canada’s prime minister looks beleaguered
economist.com/the-americas/2024/04/04/justin-trudeau-is-beset-by-a-divided-party-and-an-angry-electorate
Bank of Canada to keep rates on hold this week, first cut seen as early as June: The Bank of Canada is widely expected to keep its key overnight rate on hold ...
reuters.com/markets/rates-bonds/bank-canada-keep-rates-hold-this-week-first-cut-seen-early-june-2024-04-08/
Canada spies found China interfered in last two elections, probe hears: Canada's domestic spy agency concluded that China interfered in the last two elections ...
reuters.com/world/americas/canada-spies-found-china-interfered-last-two-elections-probe-hears-2024-04-08/
Ontario to See Smaller Cut From Canada’s Foreign Student Cap: Ontario, Canada’s most popular province for international students, will see a smaller decline in ...
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Paid articlePaid TSX posts biggest drop in two months as rate cut bets ebb: Canada's main stock index fell by the most in nearly two months on Wednesday as the Bank of Canada ...
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Ford delays some North American electric SUV, truck production: Ford Motor said Thursday it had delayed the planned launches of three-row EVs in Canada and its ...
reuters.com/business/autos-transportation/ford-will-delay-some-north-american-ev-production-2024-04-04/
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2024 Solar Eclipse: Live Updates: A total solar eclipse crosses over Mexico, Texas, Vermont, Massachusetts and 13 other U.S. states today.
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Striking eclipse photos from CNN readers across the continent: People across the United States and Canada who witnessed Monday’s total solar eclipse captured the ...
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Trudeau casts doubt on CSIS intelligence about Chinese interference in 2019, 2021 elections
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Paid articlePaid Scotiabank CEO flags elections in US, Mexico undermining decision making: Canadian lender Bank of Nova Scotia on Tuesday warned that upcoming elections in the U ...
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Quick Glance: Scotiabank CEO highlights impact of upcoming elections in US, Mexico
- Upcoming elections in the US and Mexico are creating political uncertainty, challenging Bank of Nova Scotia's long-term decision-making ability.
- New CEO Scott Thomson unveiled a strategy to benefit from regional trade and potentially exit or improve profitability in weak markets such as Colombia.
- Thomson emphasized that the company's international banking segment saw the strongest growth in the first quarter of 2024, stating their goal is to run those countries more effectively.
- North American economic integration could increase through near-shoring, reducing regulatory hurdles, and ensuring businesses access capital, according to Thomson.
Canada homebuilding down for third year, housing agency predicts: Canadian homebuilders are expected to dial back new construction for a third straight year in ...
reuters.com/world/americas/canada-homebuilding-down-third-year-housing-agency-predicts-2024-04-04/
Capital gains plus other letters, April 21: ‘I was astounded to learn that … I am now considered one of Canada’s wealthiest 40,000 citizens’
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Paid articlePaid Trial for NHL players in Canada case won't start before next season: The sexual assault case against five players from Canada's 2018 World Juniors hockey team -- ...
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Political interference in Canada’s pension funds is wrong: Ninety-two business leaders have argued that the government should amend the rules governing pension ...
theglobeandmail.com/business/commentary/article-political-interference-in-canadas-pension-funds-is-wrong/
Paid articlePaid Why this year's eclipse is different from the last one in 2017: In addition to being a rare phenomenon, Monday's total solar eclipse is different than the last ...
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Quick Glance: Airplane Observes Solar Eclipse in Bloomington
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- People watch the partial solar eclipse on the observation deck of Edge at Hudson Yards in New York City.
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Ontario takes action against chemical plant after Aamjiwnaang First Nation residents fell ill | Globalnews.ca
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Scotiabank analyst see ‘downside risks’ to bank stocks in a higher-for-longer interest rate backdrop
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Paid articlePaid Hundreds of thousands without power as spring storm hits Quebec, Ontario | Globalnews.ca
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Penguins' four-game win streak snapped in overtime against Maple Leafs: TORONTO — The Penguins lost, 3-2, in overtime to the Toronto Maple Leafs at Scotiabank ...
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How can students improve their chances of getting a Canadian visa?: Canada has adopted a Zero Net Growth model for allocating study permits this year — for every ...
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Calm down, the sky isn’t going to fall with the capital gains tax hike: For businesses, and for individuals beyond a certain threshold, 67 per cent of capital ...
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Indo-Canadians among those facing charges in Canada’s biggest heist: What happened to the gold? Police stated it was melted down, sold, and the proceeds were ...
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Man's body believed to have gone over Niagara Falls identified more than 30 years later
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Quick Glance: Body Identification Solved After 32-Year Mystery
- The identity of the decomposed, skeletal remains that washed up on the shore of Lake Ontario in Oswego County, N.Y. 32 years ago remained unknown for decades.
- In April 1992, a man walking his dog near the present-day Novelis plant in the town of Scriba discovered the body.
- Through matching DNA samples from a family member with the database, it was determined that the remains belonged to Vincent C. Stack, a 40-year-old man who disappeared around December 4, 1990.
- Renewed efforts in April 2022 led to the groundbreaking discovery of making a positive identification. Stack's family was personally informed about the identification of the remains.
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The Body Shop Canada explores sale as demand outpaces inventory: court filing: The Body Shop Canada is exploring a sale as it struggles to get its hands on ...
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All over the map: EV fast-charging prices range from cheap to steep : We looked at some popular stations across Southern Ontario and calculated what it would ...
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‘What Jennifer Did’: Netflix doc explores shocking Ont. murder-for-hire case | Globalnews.ca
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Harassment investigation leads to weapons, drug charges in Lyndhurst, Ont. - Kingston | Globalnews.ca
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Great budget, Ottawa, but how to execute it when Canada fails to retain talent?: The Trudeau government has unleashed a slew of economic investments; but the ...
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Architects on two wheels: The ultimate meditation machine : Dave LeBlanc on architects who find motorcycles to be the place where their minds can open up
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AI-generated fashion models could bring more diversity to the industry - or leave it with less
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‘They knew’: Victims of sexual abuse by Ontario youth leader sue Anglican Church | Globalnews.ca
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After Canada’s mild winter, we should expect the unexpected on climate change: Fires and floods are likely to come this summer. But things are changing quickly ...
theglobeandmail.com/opinion/article-after-canadas-mild-winter-we-should-expect-the-unexpected-on-climate/
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Air Canada resumes services to and from Israel: The schedule, announced on March 14, will initially consist of four non-stop return flights a week from Toronto ...
jpost.com/israel-hamas-war/article-795980
Jazz composer and educator Phil Nimmons dies at 100 after influencing generations
ctvnews.ca/entertainment/jazz-composer-and-educator-phil-nimmons-dies-at-100-after-influencing-generations-1.6842380
Bolstered airlift to Canada a positive for the island: BermudAir’s expansion of service into Canada had been welcomed as a much needed plus for the island’s ...
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The failure of Canada’s health care system is a disgrace – and a deadly one: Our leaders are too afraid to deploy one of the many ideas floating out there to fix ...
theglobeandmail.com/opinion/article-the-failure-of-canadas-health-care-system-is-a-disgrace-and-a-deadly/
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Paid articlePaid Harbourfront and TIFF get funding boosts, plus 5 more ways the federal budget helps Toronto
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A Mississauga NHL team? Mayoral candidate wants to make that a reality | Globalnews.ca
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Ford delaying rollout of new electric pickup truck, SUV: Ford is delaying the rollout of its new electric pickup truck and electric SUV as the demand for EVs ...
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Grandparent scam: Canadian seniors with landline phones targeted, out about $2.2 million | Globalnews.ca
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Labour leader urges unions to expose Poilievre’s working-class overtures as ‘fraud’
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