The central bank also lowered its five-year prime interest rate on five basis point loans to 4.6%, the first cut of this interest rate since April 2020. China’s prime interest rate on loans is the rate that commercial banks lend to their best customers, and … Read More

Canada’s food producers are cutting back on capacity and focusing on key products while confronted labor shortage and supply chain bottlenecks showing no signs of easing. Shipping backlogs, delays in getting packaging and ingredients and high absenteeism from workers due to COVID-19 isolation protocols disrupt … Read More

BC The CDC has amended isolation guidelines that require both vaccinated and unvaccinated people to be isolated for five days after COVID-19 application. The previous guidance required that unvaccinated persons be isolated for 10 days. The BC CDC website now says that people should isolate … Read More

Ontario Premier Doug Ford says a “good announcement” is coming this week for restaurants and fitness centers in the province. Earlier this month, the province implemented additional restrictions for businesses due to an increase in Omicron cases. The government said the measures would be in … Read More

Long Island received the least amount of state business support in 2021 than in any of the previous nine years of regional economic development councils competition, according to a Newsday analysis. WHERE DID THE MONEY GO TO Long Island came close to the bottom of … Read More

There are so few homes for sale in Canada that people are starting to call it a housing crisis. By Ari AltstedterBloomberg Published January 17, 2022January 17, 2022 An unprecedented real estate frenzy has left Canada with the fewest homes for sale for at least … Read More

Statistics released this week from Canadian real estate authorities show that while the country’s inventory of vacant homes for sale is at a record low, the pace of building new units is also slowing. Canada Mortgage and Housing Corp. said Tuesday that the annual pace … Read More

Grocery stores are struggling with rising labor and product shortages that could threaten Canada’s food security, experts say. Employee absence due to sick leave and COVID-19 Protocols have hit about 30 percent in some stores and continue to rise, Gary Sands, senior vice president of … Read More

Picture: Pool (Getty Images) The first few months of Joe Biden’s presidency were marked by the recruitment of what some called a “Antitrust All-Star Team.“Sthe bulb head by tenacious Amazon critic Lina Khan, cartel writer Team Wu, and prolonged Google annoyance Jonathan Kanter, that the … Read More

The Federal Aviation Administration (FAA) approved a large portion of the U.S. commercial aircraft fleet for landing with ultra-low visibility at half of the U.S. airports affected by the upcoming rollout of 5G. However, a top lobby group for airlines warned that the 5G rollout … Read More