Fears of recession in Canada grow as holiday spending looms
There are growing concerns a recession will hit Canada sooner than first predicted. There are already worrying signs — a housing market slowdown, scorching inflation — and rising interest rates. Many economists are predicting a mild recession will start in the first quarter of 2023.
"When the cost of living goes up, if everyone feels the pressure, we can certainly try to relieve that pressure by reducing our spending. But at the same time, we can only reduce our spending by so much," economist Anupam Das told Global News.
Das estimates food costs are up between 15 and 20 per cent, and that natural gas and electricity costs could double this winter. With many mortage rates coming up for renewal, the reality of higher interest rates is expected to weigh heavily.
But will the threat of an economic downturn put a damper on holiday spending? Sarah Offin reports.
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Canada considers dropping COVID-19 vaccine mandate at border, making ArriveCAN optional: sources
The Canadian government is preparing to drop the COVID-19 vaccine mandate at the border as early as the end of September, government sources have told Global News.
In addition, sources also say that use of the controversial ArriveCAN app to provide vaccination information to border officials would become optional once the restrictions are lifted.
As Kamil Karamali reports, the plan still needs to be finalized by Prime Minister Justin Trudeau before the change can be made official. But the lifting of these restrictions would likely provide additional relief to many travellers who have faced hurdles entering Canada, including those who haven’t received a COVID-19 vaccine.
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'Canada is in mourning': Prime Minister Justin Trudeau remarks on the passing of Queen Elizabeth II
Prime Minister Justin Trudeau delivers remarks mourning the death of Queen Elizabeth II, celebrating her special bond with Canada.
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What’s at stake for Canada in the U.S. midterm elections
Chief political correspondent Rosemary Barton breaks down how Tuesday night’s results in the U.S. midterm elections might be felt north of the border.
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Canada speaks on Chinese interception of aircrafts | International News | Latest English News | WION
Canada has accused China of concerning and unprofessional behaviour after China intercepted one of its patrol aircraft near North Korea which forced planes to divert from their flight path.
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CTV National News: Snowstorm hitting Niagara
A major winter storm is hitting the Niagara region with as much as 1.5 metres of snow. Adrian Ghobrial reports.
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Canada: Indian-origin youth from Punjab stabbed to death in Surrey | Oneindia News *News
An Indian-origin youth was stabbed to death in Canada. Mehakpreet Singh was killed after being stabbed by a 17-year-old in a parking lot of a school in Surrey. Singh’s family had moved to Canada from Dubai eight years ago.
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Visa backlogs force Canadians to reconsider trips to India
Canadians are reconsidering their trips to India because of visa application backlogs.
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Canada’s World Cup team gears up for first match in Qatar
Hopes are high for Canada's men's soccer team as it prepares to take the field at the World Cup for the first time in 36 years. The team will face off against Belgium on Tuesday.
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Paramedic treats dying crash victim, not knowing it was her daughter
An Airdrie, Alta., paramedic fought to save the life of a collision victim who was so badly injured she didn’t realize was her own daughter — until she was visited by RCMP. Jayme Erickson spoke out about her loss to show the strain paramedics are under.
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Average rent in Canada skyrockets to nearly $2,000/month
The average rent price in Canada has increased to nearly $2,000 a month according to Rentals.ca, leaving renters scrambling to find an affordable place to live while higher mortgage rates are forcing some landlords to make tough decisions.
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Good News! Canada Speed Up Process & Reduction in Immigration Backlogs | IRCC Latest Updates 2023
Welcome back! In today's video, we bring good news for all the applicants waiting to hear from IRCC.
But before we begin, mention in the comments how long your application has been in the pool.
Because IRRC, while acknowledging the backlog, said that it is taking steps to improve the application process by speeding it up.
It is aiming for a less than 50% backlog across all lines of business by the end of March 2023.
IRCC began the transition to 100% digital applications for most permanent resident programs on September 23 to clear the backlog on schedule. They made accommodations for those who are not able to apply online.
This transition includes 100% online citizenship applications from all applicants over the age of 18. IRCC is aiming to make the process digital for all citizenship applications by the end of this year including those for minors under 18.
For this reason, the department has also hired 1,250 new staff members at the end of autumn to enhance the processing capacity by investing $85 million. IRCC says that it is all set to modernize and streamline the system.
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Deadly Walmart attack the 2nd U.S. mass shooting in 3 days
Police say a Walmart manager opened fire inside his store in Chesapeake, Va., killing at least six people, in the second high-profile mass shooting to rock that country in less than a week. The suspect in the first one, at an LGBTQ bar in Colorado, has now appeared in court.
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Canada unveils first climate adaptation strategy
The federal government has unveiled Canada's first climate adaptation strategy, with a list of targets to help this country deal with the effects of climate change. It committed $1.6B over five years in funding, far below what many say is actually needed.
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Black Friday deals bigger this year due to retailers’ excess inventory
This Black Friday, many retailers are offering bigger and longer sales in an attempt to offload excess inventory after struggling for months with supply chain issues. But it comes at a time when Canadians are spending less because of inflation.
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Canadian government unveils $1.6B climate adaptation strategy
The Canadian federal government is committing $1.6 billion to a new climate adaptation strategy to help communities combat extreme weather events, which have plagued Canada in recent years.
Examples of these events include the devastating floods in B.C., and hurricane Fiona ravaging Atlantic Canada.
Global's Eric Sorensen explains how the money is being divided up and the goal to bring down the cost of climate change.
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China and Canada leaders caught having tense exchange on camera - BBC News
A tense exchange between China's President Xi Jinping and Canada's Prime Minister Justin Trudeau has been caught on camera at the G20 summit meeting in Bali.
It follows information of a meeting between the two countries discussing relations being leaked to the media.
The event added to already strained relations between the two nations after Canada detained a Huawei executive in 2018, which was followed by China arresting two Canadians on spying charges.
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WION Climate Tracker: Canada's first climate adaptation strategy | World English News | WION
The effects of climate change are being felt around the world. Now, in a bid to act on climate change, Canada has unveiled its first climate adaptation strategy.
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Ottawa moves to expand banned weapons list
A new government proposal will make more firearms illegal in Canada, adding many shotguns and semi-automatic rifles to the banned list.
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Russian state TV spins Global News exclusive into propaganda targeting Canada
Russia-1, a top state broadcaster, has raised Canadian eyebrows by picking up a Global News exclusive about Ontario armoured vehicle manufacturer Roshel making an impact in Ukraine.
However, it was in the way the story was presented that has led to controversy about its propagandic nature.
Global's Mike Drolet examines how the Kremlin is using the story to accuse Canada of playing a "very active part" in the war.
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Protests against COVID-19 lockdown measures erupt in China's Xinjiang region
Residents in China's Xinjiang province held extraordinary late-night demonstrations against the city's 'zero-COVID' lockdown measures that have been in place for more than three months. The demonstrations, as well as public anger online, are the latest signs of building frustration with China's intense approach to controlling COVID-19.
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