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Canadians look for ways to cut back amid soaring costs
As the cost of living soars, Canadians are being forced to find ways to cut back on spending, such as eating out less and putting off major life decisions.
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Argentina farmers stage anti-tax protest in Buenos Aires
Why farmers have blocked the streets of Buenos Aires with their tractors.
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Poultry farmers try to prevent avian flu spread
Canadian poultry farmers are trying to prevent the further spread of avian flu, which has already caused the loss of half a million birds this year, something that could further increase the price of chicken and turkey.
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New York Auto Show: Industry shifts focus to electric vehicles
One of the biggest car shows in America has returned after a two year absence because of the pandemic.
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Canada’s housing market sees signs of cooling as interest rates rise
Experts say higher interest rates are causing a slowdown in Canada’s hot housing market, leading to fewer sales and a slight drop in the average selling price in March.
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US oil executives grilled over high gas prices at House hearing
Big energy companies in the US have denied they are using the war in Ukraine to bump up prices for consumers.
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Federal budget’s housing plan targets foreign and first-time homebuyers
Housing affordability is a key focus for the Liberals in their 2022 federal budget, with promises of a ban on some foreign buyers for two years and billions of dollars to help first-time home buyers get into the market.
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US inflation jumped 8.5 percent in past year, highest since 1981
The US's consumer price index (CPI) in March has reached a new record. The inflation rate jumped to 8.5 percent compared with a year ago - the greatest annual rate increase since 1981.
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Bank of Canada expected to announce oversized rate hike
"My expectation is that the Bank of Canada will move very quickly during the course of this year, to raise rates to 2 or 2.5 % to what might have been considered, before COVID, the neutral rate. And, move very quickly to do that," says...
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Yemenis face a difficult Ramadan with severe food shortages
People in Yemen are cutting back on how much they eat, even after a day of fasting during Ramadan.
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Sask. farmers face rising input prices after tough harvest last year
It’s a challenging time for farmers in Saskatchewan still reeling from poor crop yields last year. Now, they’re having to contend with skyrocketing prices for fertilizer, fuel and herbicide caused by soaring inflation and the war in...
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Bank of Canada rate hikes won't tame inflation, expert says
Inflation in Canada is mostly due to global forces such as the war in Ukraine and supply chain disruptions, says Frances Donald, global chief economist for Manulife Investment Management. This means interest rate hikes by the Bank of...
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Gas prices drop by almost a dime per litre
Gas prices have dropped by nearly 10 cents a litre in many Canadian cities, with further drops expected in the coming days.
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Former Astronaut Leroy Chiao on Blue Origin Launch, Space Tourism's Next Steps
Jeff Bezos’ aerospace company Blue Origin successfully held a fourth civilian launch into space on Thursday. Former NASA Astronaut, Leroy Chiao, joined Cheddar News to talk about the significance of this launch for the future of civilian...
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Joe Biden lands in Brussels to send Putin a clear message of Western unity
Biden has been invited to attend a meeting of the European Council to discuss the situation of Ukraine with the 27 member states.
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Ukraine war: What's on Joe Biden's packed agenda in Brussels today?
In what is set to be a busy day, Biden will become the first US president to participate physically at an EU summit.
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EU leaders rebuff Spain's pleas for market reform to curb electricity prices
The European Council only gave Spain and Portugal permission to introduce a price cap on electricity.
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B.C.’s gas relief rebate met with criticism
Drivers in British Columbia will soon receive a one-time relief rebate to offset skyrocketing gas prices, but there’s already criticism over how little the payment is and why officials didn’t target people most affected by the prices at...
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Bangladesh opposition parties call for nationwide strike
Despite having enough food stock on hand, consumers have been paying prices for some food items higher than in Western nations.
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How this portfolio manager estimates returns on real estate
Ben Felix says people shouldn't assume Canadian housing prices will continue on the same trajectory they've been on for the last 20 years when making investment decisions. (Photo credit: Ben Felix)
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Russia's economy begins to feel sanctions effect
Russians are only just starting to see the effect the war is having on their economy, as sanctions begin to bite.
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How Canada can help global wheat supply disrupted by war in Ukraine
Demand for Canadian wheat could increase as the war in Ukraine and economic sanctions against Russia impact the global wheat supply. But there’s a limit to how much farmers can ramp up their production in a year.
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Food crisis fears: War drives up cost of wheat globally
Middle Eastern and North African countries rely heavily on wheat from Russia and Ukraine.
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U.S. Stocks Close at Session Lows on Friday
U.S. markets closed the day at session lows as the Dow marked its fifth straight week of losses. Investors continue to weigh inflation and the ongoing Russia-Ukraine war and growing economic risk factors. George Seay, CEO of Annandale...