In the news today: StatCan to release April inflation report today

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Statistics Canada is set to release its April consumer price index report this morning.

The Bank of Canada has signalled it is inching closer to cutting interest rates, but it wants to see the downward momentum in inflation sustained for longer.As the month-long boycott of Loblaw-owned stores wears on, small independent food retailersand alternative grocery options say they’re seeing a boost in traffic and sales.

Forage Market is like an online farmers market: it hosts local vendors selling meat, produce and more, and warehouses their products so customers receive everything they order in one shipment. But the trip comes five months after Trudeau dispatched his industry and international trade ministers to lead the new trade strategy with American business leaders, labour unions and state and municipal governments.A potential return to the White House by Donald Trump brings memories of the difficult bilateral relationship during his first term.A new report says shelters are not designed to meet the physical or mental health needs of the growing number of older adults who are homeless.

Alston, who is a geriatrician at St. Michael's Hospital in Toronto, says shelters don't have essential supports seniors often need, including medication storage or proper wound care. They’ll continue their quest to bring the Stanley Cup home to Canada for the first time since 1993 after Edmonton’s 3-2 win in Game 7 over the Vancouver Canucks.

 

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Average hourly wage in Canada now $34.95: StatCanAverage hourly wages among Canadian employees rose to $34.95 on a year-over-year basis in April, a 4.7 per cent increase, according to a Statistics Canada report released Friday morning.
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