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Canada’s inflation rate falls to 2.7% in April, driving up odds of June rate cut

Canada’s inflation rate falls to 2.7% in April, driving up odds of June rate cut

OTTAWA — Canada’s annual inflation rate fell to 2.7 per cent in April amid a broad-based slowdown in price growth, boosting expectations of an interest rate cut next month. Statistics Canada said the slowdown from 2.
What you need to know about Ottawa's plan to pump the brakes on auto theft

What you need to know about Ottawa's plan to pump the brakes on auto theft

The federal government has announced a range of measures meant to curb rising auto thefts. It comes after a national summit to address what government and police describe as a growing international concern.
AI companies make fresh safety promise at Seoul summit, nations agree to align work on risks

AI companies make fresh safety promise at Seoul summit, nations agree to align work on risks

SEOUL, South Korea (AP) — Leading artificial intelligence companies made a fresh pledge at a mini-summit Tuesday to develop AI safely, while world leaders agreed to build a network of publicly backed safety institutes to advance research and testing
Food driving inflation lower, but groceries much more costly than a few years ago

Food driving inflation lower, but groceries much more costly than a few years ago

Food inflation may be down from its highs, but prices at the grocery store are still significantly higher than they were just a few years ago. Statistics Canada reminded consumers that grocery prices are up 21.
Short on cash? Tips on how to plan a getaway on the cheap

Short on cash? Tips on how to plan a getaway on the cheap

With summer fast approaching, some may be hoping to get away on the cheap as the higher cost of living takes a bigger bite out of household budgets.
Innergex says battery energy storage facility in northern Chile begins operations

Innergex says battery energy storage facility in northern Chile begins operations

MONTREAL — Innergex Renewable Energy Inc. says its San Andrés battery energy storage facility in northern Chile has started operations. The company says it is located on the site of its existing San Andrés solar facility.
British man dies and several passengers are injured when turbulence hits a Singapore Airlines flight

British man dies and several passengers are injured when turbulence hits a Singapore Airlines flight

BANGKOK (AP) — A Singapore Airlines flight hit severe turbulence over the Indian Ocean and descended 6,000 feet in a span of about three minutes, the carrier said Tuesday, leaving a British man dead and more than two dozen other passengers injured.
Here's a list of April inflation rates for selected Canadian cities

Here's a list of April inflation rates for selected Canadian cities

OTTAWA — Canada's annual inflation rate was 2.7 per cent in April, Statistics Canada says.
Here's a list of April inflation rates for Canadian provinces

Here's a list of April inflation rates for Canadian provinces

OTTAWA — Canada's annual inflation rate was 2.7 per cent in April, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: 2.6 per cent (3.1) — Prince Edward Island: 2.6 per cent (2.
Independent stores and grocery alternatives see sales boost amid Loblaw boycott

Independent stores and grocery alternatives see sales boost amid Loblaw boycott

As the month-long boycott of Loblaw-owned stores wears on, small independent food retailers and alternative grocery options say they’re seeing a boost in traffic and sales.