Economy

Inflation fell sharply last month. Will we see spring rate cuts? – National

Inflation fell sharply last month. Will we see spring rate cuts? – National

The annual rate of inflation across the country eased half a percentage point in January thanks largely to lower gas prices, according to Statistics Canada. The overall inflation rate was 2.9 per cent in January, the agency said Tuesday. That’s down from 3.4 per cent in December, when it accelerated slightly from the previous month.Gas

Bell to cut 4.8K jobs, sell 45 radio stations in major shake-up

Bell to cut 4.8K jobs, sell 45 radio stations in major shake-up

BCE Inc. is selling off 45 of its 103 regional radio stations as it cuts nine per cent of its workforce, including journalists and other workers at its Bell Media subsidiary. The affected stations are in British Columbia, Ontario, Quebec and Atlantic Canada.The company announced Thursday in an open letter signed by chief executive Mirko Bibic that

‘Absurd’: Alberta sends warning letter to B.C. winemakers

‘Absurd’: Alberta sends warning letter to B.C. winemakers

The Okanagan wine industry has been facing many challenges recently — among them wildfires and cold snaps — but the latest challenge is coming from the Alberta government. A letter obtained by Motorcycle accident toronto today from the Alberta government’s Gaming, Liquor and Cannabis Commission (AGLC), states that B.C. wine producers need to cease shipping wine directly

‘I’m a bit bitter’: Quebec restaurants reeling over last-minute cancellations

‘I’m a bit bitter’: Quebec restaurants reeling over last-minute cancellations

Quebec restaurants say they are reeling over last-minute New Year’s Eve cancellations and no-shows. The practice costs tens of thousands of dollars a year and industry leaders say it’s only getting worse, sparking renewed calls for the province to allow restaurants to charge penalties for customers who decline to appear.On New Year’s Eve, restaurateur Constant

Halifax-area tent encampment hopes new upgrades will help as temperatures drop

Halifax-area tent encampment hopes new upgrades will help as temperatures drop

As residents living in a Lower Sackville ballpark prepare for freezing winter conditions in the months ahead, several community members are volunteering both time and funds to lessen the burden. Samantha Banks, vice president of the Gated Community, a group that aims to provide support for residents of the Cobequid Ballfield tent encampment in the