6 companies benefiting from the pandemic pet boom

what are we looking for A sustainable dividend from the pandemic pet boom. Screen The pandemic-fueled puppy craze of lonely North Americans stuck at home continues to pay off post-lockdown. General Mills’ cat and dog food business is the latest industry player to announce a jump in sales — up 14% in the most recent … Read more

Evening update: RCMP urged for sweeping reforms in final report of Nova Scotia mass shooting inquiry

Good evening, Let’s start with today’s headlines: The Mass Casualty Commission (MCC), which is investigating the 2020 mass shooting that killed 22 people in Porta Peake, North Carolina, released a 3,000-page report today Call for sweeping reforms within the RCMP. Months of inquiries and investigations have revealed that the national police service is unprepared to … Read more

Toronto Star owner urges Canadian firms to invest in local media

The Toronto Star Building was on display in Toronto on Wednesday, June 8, 2016. Canadian Press/Eduardo LimaEduardo Lima/The Canadian Press The publisher of the Toronto Star is calling on Canadian companies to spend at least 20 percent of their ad budgets on local media. Jordan Bitove made the request at a Canada Club luncheon in … Read more

Used car prices soared.Here’s why you should buy now

A car dealership in Glendale, Calif., on Feb. 15.Mario Tama/Getty Images Well, it’s fine while it lasts. For nearly a year, the average used car price in the U.S. has once again trended toward becoming affordable for millions of people. The sense of relief was belated and relatively minor, but welcome nonetheless. From a dizzying … Read more

Morning update: RCMP shuns Vancouver election meddling charges

Good morning, Royal Canadian Mounted Police is Do not investigate foreign interference In last year’s election in Vancouver, despite a Canadian intelligence report alleging that the Chinese consul general tried to influence the outcome of that vote. The Canadian Security Intelligence Service report describes Tong as saying that in a mayoral race, “they need to … Read more

Pre-market: Futures edge higher as market looks to extend gains

stock Wall Street futures edged higher early Thursday, as the market looked to extend the previous session’s gains as a tumultuous month draws to a close. Major European markets were higher. Toronto Stock Exchange Advanced futures. Futures tied to the Dow, S&P and Nasdaq were all in positive territory early in the premarket. On Wednesday, … Read more

New rules to curb predatory lending still leave many vulnerable

Long-awaited changes to Penal Code lending rules will protect some vulnerable Canadians, but many remain vulnerable Experts say there is no way to build credit with predatory payday loans. The payday loan industry offers short-term loans at high interest rates and has been accused of taking advantage of vulnerable and low-income Canadians, trapping them in … Read more

Evening update: Zelensky warns of unacceptable compromises if Russia becomes entrenched in Ukraine

Good evening, Let’s start with today’s headlines: The latest developments in the war in Ukraine: Ukrainian President Volodymyr Zelensky warned Unless his country wins a protracted battle in a key eastern city, Russia may begin to drum up international support for a deal that could require unacceptable compromises from Ukraine. He also invited Chinese leaders … Read more

The profound impact of artificial intelligence on the world economy and the companies that will benefit from it. Plus, here are six more stocks to add to an RESP

Goldman Sachs chief economist Jan Hatzius believes that artificial intelligence will cause serious disruption in developed world economies. For example, he estimates that almost half of the current functions of legal and office support functions could be automated using generative AI applications like ChatGPT. Posted by Mr Hatzius Artificial intelligence’s potentially massive impact on economic … Read more

The Canadian dollar held steady near four-week highs as investors await clues on the Bank of Canada’s policy outlook

Canadian dollar CAD USD The U.S. dollar was steady against the U.S. dollar on Wednesday, maintaining recent gains, as fears of a global banking crisis eased, boosting risk appetite and as investors awaited clues on the Bank of Canada’s policy outlook. Stocks around the world rose and the price of oil, one of Canada’s main … Read more