Gold Bull Peter Schiff Warns That This Recession Is Just Getting Started

Gold Bull Peter Schiff Warns That This Recession Is Just Getting Started

GDP fell 0.9% in the second quarter. This followed on the heels of a -1.6 GDP print in Q1. Back-to-back contractions in GDP have historically been defined as a recession, but the Biden administration and their apologists insist we aren’t in a recession. Peter Schiff appeared on the Megyn Kelly show to talk about the … Read more

Wages in Canada are rising. Will inflation, interest rates follow follow? – National

Wages in Canada are rising.  Will inflation, interest rates follow follow?  – National

Signs of wages ticking higher could be just the balm some Canadians need to offset searing hot inflation. But just as incomes might be ready to catch up after years of pandemic pay lags, economists say fears of rising wages propagating rising prices could prompt swift action from the Bank of Canada to stifle growth … Read more

Canada’s unemployment rate fell to record low in June, despite losing 43,000 jobs

Canada’s unemployment rate fell to record low in June, despite losing 43,000 jobs

A customer enters a restaurant with help wanted signs Wednesday, November 17, 2021 in Laval, Que.Ryan Remiorz/The Canadian Press The Canadian economy posted a surprise loss of jobs in June, the first monthly decline that was not associated with tighter public-health restrictions since the outset of the pandemic. Overall employment fell by 43,000 last month, … Read more

Wages are rising—for some. Are you likely to see a pay bump?

Wages are rising—for some.  Are you likely to see a pay bump?

For many Canadian workers, wages are not keeping up with the rising cost of living. While the latest jobs report from Statistics Canada revealed that wage gains for permanent workers reached 4.5 per cent in May, Consumer Price Index data for that same period showed overall inflation rising to 7.7 per cent. In short, workers … Read more

Some restaurants are abandoning tipping in favor of paying their staff higher wages

Some restaurants are abandoning tipping in favor of paying their staff higher wages

Owner Devinder Chaudhary and server Robert Lamieux at Aiana Restaurant Collective in Ottawa on May 30.Spencer Colby/The Globe and Mail Chris Locke was surprised when he was given the option to tip on a recent purchase at a cannabis store. As the executive chef at Marben, a downtown Toronto mainstay, tipping had been on the … Read more