Alberta family gets back $40K from dealership after new truck seized for being stolen | Globalnews.ca
[ad_1] When Ashutosh Pathak and his brother went to purchase a truck, they couldn’t have predicted the headache that would ensue. Last fall, Pathak bought a Ford F-150 for just under $40,000 from Summit Ram in Ponoka, which is owned by Kaizen Automotive Group. After driving it for a month, RCMP seized the vehicle and […]
Canadians’ Easter meal to cost more this year as beef prices keep climbing – National | Globalnews.ca
[ad_1] Canadians can expect to pay more for their Easter meals as pork and chicken join beef price surges on grocery store shelves. Beef prices in Canada are up nearly 14 per cent compared to last year, according to the latest consumer price index data, continuing a trend that has seen costs surge in recent […]
Frigidaire gas ovens recalled for ‘burn hazard’ after dozens of injuries – National | Globalnews.ca
[ad_1] Descrease article font size Increase article font size Health Canada is recalling several Frigidaire gas range ovens, citing a “burn hazard” after reports of dozens of injuries in Canada and the U.S. The recall this week states that “the ovens in the ranges can experience a delayed ignition of the oven’s bake burner, which can create […]
Canada Strong pass expected to help fuel another booming tourism season in Banff | Globalnews.ca
[ad_1] With the start of the summer tourist season just a few months away, people who work in Alberta’s tourism industry are expecting another boom of visitors from both within Canada and around the world. The soaring number of visitors has been especially noticeable in places like Banff National Park, where the town of Banff […]
Algorithmic pricing is being used in Canada. Why many want it banned – National | Globalnews.ca
[ad_1] Most Canadians want the government to ban or regulate algorithmic pricing, a new poll suggests — with half of respondents saying the practice is unfair because it can result in people paying different prices for the same product. The Abacus Data poll, which was conducted online and can’t be assigned a margin of error, […]
Is the pain of the K-shape economy bleeding into the middle class? – National | Globalnews.ca
[ad_1] Canada’s middle class appears to be struggling with the higher cost of living, with new data showing more are taking on debt as financial pain bleeds out into broader sections of the economy. It comes as the so-called “K-shape” economy continues to underscore a widening wealth divide between Canada’s highest and lowest income groups, […]
Electronics price hike due to global memory chip shortage ‘May just be the new normal’ | Globalnews.ca
[ad_1] Tech experts are warning that a global memory chip shortage driven by technology giants is causing prices to soar for many consumer electronic products. “All these AI data centres that are powering all these AI tools, they need huge amounts of RAM and they are basically gobbling it up right now,” said Mike Agerbo […]
Iran war is ‘a dark cloud’ over Bank of Canada and the spring fiscal update – National | Globalnews.ca
[ad_1] The Bank of Canada is set to update interest rates on Wednesday as the Iran war brings a dark cloud over the Canadian economy and as Ottawa prepares to release a fiscal update sometime this spring. Oil price spikes globally have quickly led to higher gas prices for consumers, and economists expect inflation to […]
How Iran oil shock is spurring a crackdown to save energy around the world – National | Globalnews.ca
[ad_1] The Iran war is causing a global oil shock with energy prices skyrocketing across the world. And in a bid to avoid running through supplies, governments around the world are instituting energy-saving measures, including asking employees to work from home or cut down on driving and other measures while the crisis continues. In Thailand, an […]
Inflation fell to 1.8% in February as tax holiday clouds data, says StatCan – National | Globalnews.ca
[ad_1] Consumer inflation cooled to 1.8 per cent in February compared to a year earlier, when the federal GST/HST tax holiday led to lower prices for many consumer goods and services. The Consumer Price Index released Monday from Statistics Canada was 0.5 percentage points less than the annualized inflation rate of 2.3 per cent in […]