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theglobeandmail.com

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Feb 21, 22:08

Trade War Would Permanently Weaken Canada: Bank of Canada

Bank of Canada Governor Tiff Macklem warned Friday that a full-blown trade war with the U.S. would permanently weaken the Canadian economy, and that the central bank has few tools to respond to a structural shift towards protectionism; he also said that now is not the time to change its 2 per cent i...

Trade War Would Permanently Weaken Canada: Bank of Canada

Bank of Canada Governor Tiff Macklem warned Friday that a full-blown trade war with the U.S. would permanently weaken the Canadian economy, and that the central bank has few tools to respond to a structural shift towards protectionism; he also said that now is not the time to change its 2 per cent i...

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Decent Work and Economic Growth

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What are the immediate and significant economic consequences for Canada if a full-blown trade war with the United States erupts?

Bank of Canada Governor Tiff Macklem warned that a full-scale trade war with the U.S. would permanently harm Canada's economy, causing a structural shift. He emphasized the central bank's limited ability to counteract such a significant economic change.

theglobeandmail.com

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Feb 21, 22:08

Global Economic Data and Earnings to Shape Market Trends This Week

The week of February 24th-28th brings a flurry of economic data releases, including U.S. GDP and inflation figures, alongside corporate earnings reports from major companies like Home Depot and Nvidia, offering insights into global economic health and inflation pressures.

Global Economic Data and Earnings to Shape Market Trends This Week

The week of February 24th-28th brings a flurry of economic data releases, including U.S. GDP and inflation figures, alongside corporate earnings reports from major companies like Home Depot and Nvidia, offering insights into global economic health and inflation pressures.

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Decent Work and Economic Growth

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How will the release of U.S. economic data, particularly concerning GDP and inflation, affect the Federal Reserve's monetary policy decisions?

This week's economic calendar reveals a global focus on growth and inflation. The U.S. GDP and inflation data will be crucial in assessing the Federal Reserve's monetary policy course. Meanwhile, data from Canada and the Eurozone provide insights into regional economic health and potential divergence from U.S. trends.

theglobeandmail.com

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Feb 21, 19:08

Toronto Plane Crash Highlights Need for Specialized Survivor Support

Delta flight 4819 crash-landed in Toronto on Monday, injuring passengers and crew but causing no fatalities, prompting support from veteran air disaster survivors who emphasize the need for specialized psychological care.

Toronto Plane Crash Highlights Need for Specialized Survivor Support

Delta flight 4819 crash-landed in Toronto on Monday, injuring passengers and crew but causing no fatalities, prompting support from veteran air disaster survivors who emphasize the need for specialized psychological care.

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Good Health and Well-being

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What immediate and lasting impacts do aviation accidents have on survivors, and what specific support systems are needed?

On Monday, Delta Air Lines flight 4819 crash-landed at Toronto Pearson International Airport, resulting in injuries but no fatalities. This incident follows several other recent fatal aviation accidents, prompting support from previous survivors for those affected. The Toronto crash highlights the resilience of passengers and crew, with the last injured passenger released from the hospital on Thursday.

theglobeandmail.com

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Feb 21, 01:07

Saskatchewan Man Pleads Guilty to Sexually Assaulting 12 Women Under Guise of Indigenous Healer

Cecil Wolfe, 63, pleaded guilty in Saskatoon court to sexually assaulting 12 women in Saskatchewan and Alberta between 2013 and 2021, falsely claiming to be an Indigenous healer removing "bad medicine" and using trinkets as evidence; the women felt violated and scared.

Saskatchewan Man Pleads Guilty to Sexually Assaulting 12 Women Under Guise of Indigenous Healer

Cecil Wolfe, 63, pleaded guilty in Saskatoon court to sexually assaulting 12 women in Saskatchewan and Alberta between 2013 and 2021, falsely claiming to be an Indigenous healer removing "bad medicine" and using trinkets as evidence; the women felt violated and scared.

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Gender Equality

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How did Wolfe exploit the cultural practice of Indigenous healing to facilitate his assaults?

Wolfe exploited his perceived authority and the women's trust in Indigenous healing practices to commit these assaults. The victims, seeking help for ailments, were manipulated and violated, highlighting the abuse of cultural practices and the vulnerability of those seeking traditional medicine. The publication ban protects the identities of the 12 victims.

theglobeandmail.com

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Feb 21, 10:08

Succession Planning Gaps Hinder Canadian Wealth Transfer

MNP LLP's report reveals that many Canadian business owners considering retirement lack detailed succession plans, creating obstacles to wealth transfer; advisors are urged to facilitate discussions and create actionable strategies.

Succession Planning Gaps Hinder Canadian Wealth Transfer

MNP LLP's report reveals that many Canadian business owners considering retirement lack detailed succession plans, creating obstacles to wealth transfer; advisors are urged to facilitate discussions and create actionable strategies.

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Reduced Inequality

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What are the primary challenges preventing Canadian business owners from developing comprehensive succession plans for their businesses?

Almost two-thirds of retiring Canadian business owners have considered exiting their businesses but lack detailed succession plans, according to MNP LLP's report. Many haven't formalized their plans, hindering a smooth transition and potentially delaying wealth transfer.

theglobeandmail.com

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Feb 21, 01:07

Canada Needs a New Approach to Domestic Trade to Reduce US Dependency

Canadian policymakers have the right ideas but wrong execution plans to counter the challenges of the second Trump administration; removing internal trade barriers won't automatically increase domestic trade, requiring active government support for businesses to access new Canadian markets, similar ...

Canada Needs a New Approach to Domestic Trade to Reduce US Dependency

Canadian policymakers have the right ideas but wrong execution plans to counter the challenges of the second Trump administration; removing internal trade barriers won't automatically increase domestic trade, requiring active government support for businesses to access new Canadian markets, similar ...

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What specific actions are needed beyond removing internal trade barriers to effectively reduce Canada's reliance on US trade and stimulate domestic trade?

Canada's plan to reduce trade dependency on the US by removing internal trade barriers needs improvement. While removing barriers will boost GDP, it won't automatically increase domestic trade. The government must actively support businesses in accessing new Canadian markets, similar to how it supports foreign trade.

theglobeandmail.com

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Feb 21, 22:08

Alberta Surgical Facilities Accused of Inflated Contracts, Raising Concerns about Government Interference

An Alberta businessman with ties to a $70-million children's pain medication contract and political connections is part-owner of two private surgical facilities accused of negotiating inflated contracts, leading to internal reviews, a lawsuit, and an Auditor-General investigation.

Alberta Surgical Facilities Accused of Inflated Contracts, Raising Concerns about Government Interference

An Alberta businessman with ties to a $70-million children's pain medication contract and political connections is part-owner of two private surgical facilities accused of negotiating inflated contracts, leading to internal reviews, a lawsuit, and an Auditor-General investigation.

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Good Health and Well-being

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What systemic changes are needed in Alberta's healthcare contracting procedures to prevent future instances of inflated pricing and potential government interference?

This situation exposes vulnerabilities in Alberta's healthcare procurement processes, potentially leading to increased scrutiny of government contracts and stricter regulations to prevent similar conflicts of interest in the future. The ongoing investigations and lawsuit will likely reshape contracting practices within the province.

theglobeandmail.com

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Feb 21, 13:08

U.S. Stock Focus Drives Double-Digit Returns for Baskin Wealth Management

Barry Schwartz, CIO of Baskin Wealth Management, overseeing $2.7 billion, shifted his portfolio to favor U.S. stocks due to a lack of reasonably valued Canadian options; this strategy yielded double-digit returns, including 29.4% in the past year.

U.S. Stock Focus Drives Double-Digit Returns for Baskin Wealth Management

Barry Schwartz, CIO of Baskin Wealth Management, overseeing $2.7 billion, shifted his portfolio to favor U.S. stocks due to a lack of reasonably valued Canadian options; this strategy yielded double-digit returns, including 29.4% in the past year.

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What factors drove Barry Schwartz's shift towards a predominantly U.S.-focused equity portfolio, and what are the immediate consequences of this strategy?

Barry Schwartz, CIO of Baskin Wealth Management, favors U.S. stocks due to their high-quality business models and double-digit growth potential. His firm's portfolio is two-thirds U.S. stocks and one-third Canadian stocks, a shift from pre-2008. Baskin Wealth Management achieved double-digit returns recently, with a 29.4% return in the past year.

theglobeandmail.com

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Feb 21, 19:09

The Secret to Good Tea" Explores Intergenerational Trauma and Reconciliation

Rosanna Deerchild's new play, "The Secret to Good Tea," which premiered in Winnipeg and is touring to London and Ottawa, explores the relationship between a broadcaster and her mother, a residential school survivor, blending the author's experience in journalism, poetry, and broadcasting.

The Secret to Good Tea" Explores Intergenerational Trauma and Reconciliation

Rosanna Deerchild's new play, "The Secret to Good Tea," which premiered in Winnipeg and is touring to London and Ottawa, explores the relationship between a broadcaster and her mother, a residential school survivor, blending the author's experience in journalism, poetry, and broadcasting.

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Quality Education

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What are the key themes explored in Rosanna Deerchild's play "The Secret to Good Tea," and how do they reflect broader social and cultural issues in Canada?

Rosanna Deerchild, a Cree poet and CBC radio host, created "The Secret to Good Tea," a play exploring her relationship with her mother, a residential school survivor. The play, premiering in Winnipeg and touring to London and Ottawa, uses Deerchild's journalism and poetry skills to tell a deeply personal story.

theglobeandmail.com

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Feb 21, 07:08

CEO of B.C.'s Largest Health Authority Resigns Amid Budget Crisis

Dr. Victoria Lee, CEO of British Columbia's Fraser Health Authority, resigned this week amid a \$1.1 billion budget overspending, prompting concerns about the impact on patient care and service delivery in the face of rapid population growth and insufficient healthcare infrastructure.

CEO of B.C.'s Largest Health Authority Resigns Amid Budget Crisis

Dr. Victoria Lee, CEO of British Columbia's Fraser Health Authority, resigned this week amid a \$1.1 billion budget overspending, prompting concerns about the impact on patient care and service delivery in the face of rapid population growth and insufficient healthcare infrastructure.

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Good Health and Well-being

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How did the rapid population growth in the Fraser Health region contribute to the current crisis?

Fraser Health Authority, serving two million people, faces significant challenges including overspending, emergency room diversions, and staffing shortages. These issues, coupled with a growing population and insufficient infrastructure, led to concerns about patient care and prompted Dr. Lee's departure. The Surrey Board of Trade previously highlighted insufficient services and infrastructure needs.

theglobeandmail.com

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Feb 21, 19:08

Canadian Banks Face Profit Squeeze Amidst Tariffs and Economic Slowdown

Canadian banks are expected to report low profit growth for the first fiscal quarter of 2024 due to the combined impact of looming U.S. tariffs, an upcoming federal election, and a slowing Canadian economy; analysts predict low single-digit earnings growth compared to the previous year.

Canadian Banks Face Profit Squeeze Amidst Tariffs and Economic Slowdown

Canadian banks are expected to report low profit growth for the first fiscal quarter of 2024 due to the combined impact of looming U.S. tariffs, an upcoming federal election, and a slowing Canadian economy; analysts predict low single-digit earnings growth compared to the previous year.

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How are the threats of U.S. tariffs impacting the anticipated earnings and stock performance of Canadian banks?

Geopolitical uncertainties, particularly the threat of U.S. tariffs, are the main drivers behind the anticipated decline in Canadian bank profits. These uncertainties are prompting banks to increase provisions for loan defaults, offsetting gains in other areas. The combination of these factors has dampened investor confidence, leading to underperformance compared to the S&P TSX Composite Index and the KBW Bank Index.

theglobeandmail.com

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Feb 21, 22:08

Ontario's $1 Billion School Pledge Falls Short of $12.7 Billion Infrastructure Need

Facing a provincial election, Ontario's Ford government promised $1.3 billion for school construction, creating 25,000 new student spaces, but opposition parties cite a $12.7 billion shortfall, including a $9.8 billion need for new schools and a $21.7 billion repair backlog, with significant overcro...

Ontario's $1 Billion School Pledge Falls Short of $12.7 Billion Infrastructure Need

Facing a provincial election, Ontario's Ford government promised $1.3 billion for school construction, creating 25,000 new student spaces, but opposition parties cite a $12.7 billion shortfall, including a $9.8 billion need for new schools and a $21.7 billion repair backlog, with significant overcro...

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What is the immediate impact of the Ford government's $1-billion school construction promise considering the existing infrastructure deficit and projected enrollment growth?

The Ford government in Ontario pledged over $1 billion for new school construction, but opposition parties deem this insufficient given a $12.7 billion shortfall in school repair and construction. This shortfall impacts roughly 1,500 overcapacity schools, with significant overcrowding in major boards like Durham and Thames Valley. The government's plan to build 30 new schools and expand 15 others will create 25,000 new student spaces. ", A2="The insufficient funding highlights a broader issue of inadequate investment in education infrastructure. The need to build over 200 new schools and address a massive repair backlog costing nearly $22 billion over ten years stems from growing enrollment and existing capacity constraints. This lack of investment forces students into overcrowded classrooms and dilapidated buildings, impacting their learning environment. ", A3="The upcoming election will be crucial in determining the future of education infrastructure in Ontario. The NDP's proposal for an additional $830 million annually to tackle the repair backlog contrasts sharply with the current government's approach. Lifting the moratorium on school closures, as advocated by school boards, would generate millions in savings and enable more efficient resource allocation, potentially mitigating the current funding gap. ", Q1="What is the immediate impact of the Ford government's $1-billion school construction promise considering the existing infrastructure deficit and projected enrollment growth?", Q2="How do the differing proposals from the Ford government and the opposition parties concerning school funding address the issues of overcrowding, repair backlogs, and projected enrollment growth?", Q3="What are the long-term implications of maintaining the moratorium on school closures, and how would lifting it affect the allocation of resources and the overall efficiency of the education system?", ShortDescription="Facing a provincial election, Ontario's Ford government promised $1.3 billion for school construction, creating 25,000 new student spaces, but opposition parties cite a $12.7 billion shortfall, including a $9.8 billion need for new schools and a $21.7 billion repair backlog, with significant overcrowding and disrepair in many schools, particularly in Toronto. ", ShortTitle="Ontario's $1 Billion School Pledge Falls Short of $12.7 Billion Infrastructure Need"))

Showing 841 to 852 of 2,781 results