The Bank of Canada has reduced its policy interest rate for the second consecutive time, signaling a potential for further cuts if inflation continues to ease. This move marks a significant shift in monetary policy, aimed at stabilizing the Canadian economy amid fluctuating inflation rates and economic uncertainties. The recent reduction of 25 basis points brings the overnight rate to 4.5 percent, a level not seen since June 2023.

The most crucial decision for business owners is to figure out a reliable payment processor for establishing a fully structured payment system. For instance, certain issues like Delayed payments, failed payroll management, and transactions lacking the aspect of security often cause significant problems for enterprises. This problem emphasizes the necessity of having a reliable service provider like Flyfish. Most importantly, Flyfish service provider offers corporate payroll solutions and multi-currency IBAN to business owners.

Monday, 22 July 2024 05:02

The high cost of living gluten-free

When Ashley Hickey's seven-year-old son, Alex, was diagnosed with celiac disease last month, it marked a significant turning point for her family. This diagnosis required Hickey to overhaul their diet entirely to eliminate gluten, which is essential for managing this autoimmune disorder. The experience revealed not just the dietary challenges but also the substantial financial burden associated with a gluten-free lifestyle.

Alberta's potato industry is experiencing significant growth, driven by increasing demand for processed potato products in Asia. The number of harvested acres of potatoes in Alberta has surged by about 35% since 2019. This growth is bolstered by substantial investments from companies like McCain Foods, which has doubled the size of its processing facility near Coaldale. This article delves into the details of Alberta's potato industry, examining the factors contributing to its expansion, the challenges it faces, and its future outlook.

In April 2023, an audacious theft at Toronto Pearson Airport saw 400 kilograms of gold, worth millions, stolen right under the noses of airport security. This gold heist, one of the largest in Canadian history, has triggered an international investigation that now suggests the stolen gold has likely been smuggled out of Canada to destinations in the Middle East or South Asia.

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