It’s increasingly clear we are heading for a harder landing. But until the labour market breaks, inflation pressures (read wages) are likely to keep upward pressure on core services.
The federal Liberal government is expected to release its budget for the 2023-24 fiscal year on Tuesday.
Lettuce prices are likely to rise next month and could stay high into the summer, agriculture experts say, as flooding in a key California farming area becomes the latest example of extreme weather’s effect on the food chain.
The Canada Infrastructure Bank is making its first investment in low-carbon fuels, committing $277 million to a biofuels facility under construction in Varennes, Que.
There's a modicum of closure on the Silicon Valley Bank file, with First Citizens BancShares striking a deal with the U.S. Federal Deposit Insurance Corporation to acquire a substantial chunk of the failed lender.
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