Air Canada says it has apologized to a British MP who was singled out for additional security screening while travelling to and from Canada with a parliamentary committee last week. Labour MP Mohammad Yasin was questioned on both legs of his trip by Air Canada and Canadian immigration officials, and …
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Canada’s major food companies say they care about animal welfare. Here’s how they actually perform
All of A&W’s pork now comes from pigs that aren’t confined to crates, while Tim Hortons has pushed back its deadline for serving cage-free eggs, according to a new report scoring Canadian food companies on their commitments to animal welfare. Annual Mercy for Animals report spotlights cage-free eggs, crate-free pork. …
Read More »What to know about the St. Lawrence Seaway strike
The St. Lawrence Seaway has shut down after hundreds of workers walked off the job Sunday. Here are answers to a few key questions about what’s going on. Union says it’s fighting for better pay to keep up with rising cost of living. The St. Lawrence Seaway has shut down …
Read More »Grocery prices in Canada: Why chicken is so much more expensive here than in the U.S.
“Converted to Canadian, that’s about $4.50,” he says. “I told y’all they’re fleecing us…might as well grow our own chickens now.” Nicholas Li, an assistant professor of economics at Toronto Metropolitan University, notes that comparing the price of chicken bought here and the U.S. is a complicated issue. That’s because …
Read More »Oil giant Chevron agrees to buy rival Hess for $53B
Chevron is buying Hess Corp. for $53 billion and it’s not even the biggest acquisition in the energy sector this month as major producers seize the initiative while oil prices surge. Second major deal in U.S. oil industry this month. Chevron is buying Hess Corp. for $53 billion and it’s …
Read More »Stocks fall over looming rate hikes
The local stock market fell at the start of the week as potential interest rate hikes continue to drag out investors’ sentiments. The main index dropped by 54.46 points or 0.86 percent closing at 6,088.44, with all sectoral indices in red, notably the Mining and Oil and Industrial sectors taking …
Read More »DTI financial fair to empower MSMEs to go global
The Philippine Trade Training Center – Global MSME Academy (PTTC-GMEA), an attached agency of the Department of Trade and Industry (DTI), in collaboration with the Monetary Authority of Singapore (MAS) and tech firm Proxtera, is set to hold the Financial Fitness Fair 2023 this week to help micro, small, and …
Read More »Philippines urged to raise power investments to $62 billion
In its background paper on the energy sector for its Country Climate and Development Report, the World Bank said accelerated decarbonization in the Philippines would require a substantial increase in capital spending to scale up renewable energy. (STAR/File) MANILA, Philippines — The Philippines will need to double investments in power …
Read More »‘High inflation to linger until 2025’
The central bank’s Survey of External Forecasters for September showed that private economists raised their inflation forecasts to 3.7 percent from 3.5 percent for 2024 and to 3.5 percent from 3.4 percent for 2025.” (STAR/File) Supply-side shocks MANILA, Philippines — Economists are now expecting a faster rise in prices of …
Read More »St. Lawrence Seaway workers begin strike action, union says
The St. Lawrence Seaway has shut down as hundreds of workers walked off the job Sunday. Walkout to affect freight shipments on waterway between Montreal and Lake Erie. The St. Lawrence Seaway has shut down as hundreds of workers walked off the job Sunday. The halt is expected to affect …
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