Many more children are being admitted to hospitals with influenza than at any other time in at least a decade, according to surveillance data that show how an aggressive early start to the flu season is straining Canadian pediatric hospitals that were already near a breaking point. In the last full week of November, there … Read more
The Bank of Canada is expected to increase interest rates once more this week, capping off a tumultuous year for the central bank.Justin Tang/The Canadian Press The Bank of Canada is expected to cap its tumultuous year with another interest-rate increase this week, although private-sector forecasters are split on how big the bank will go … Read more
Epidemic control workers wear PPE to prevent the spread of COVID-19 as they stand guard outside a community in lockdown on November 29, 2022 in Beijing, China.Kevin Frayer/Getty Images Beijing has acknowledged public unhappiness with China’s tough COVID policies, days after anti-lockdown protests in cities across the country. However, speaking at a press conference in … Read more
The way Morgan Stanley chief investment officer Michael Wilson describes it, investors in 2023 will feel like they’re treading water in a sea of sharks, with significant returns available to the nimble. Mr. Wilson has been among the most accurate market forecasters in recent quarters. Recently, he accomplished the feat I value most in strategists … Read more
Elon Musk sent a message to Twitter Inc TWTR-N staff telling them they had until Thursday to decide whether they wanted to stay on at the company to work “long hours at high intensity” or take a severance package of three months pay. Musk told Twitter employees that anyone who had not clicked on a … Read more
Prime Minister Justin Trudeau arrives at Ngurah Rai International Airport ahead of the G20 Summit in Bali, Indonesia, on Nov. 14, 2022.G20 MEDIA CENTER/Reuters After over two years without leaving his country, Chinese President Xi Jinping isn’t missing the chance for in-person diplomacy as he joins other world leaders at the G20 Summit in Bali, … Read more
Scott Smith and Brian Cairo join fellow witnesses as they appear at the Standing Committee on Canadian Heritage in Ottawa on July 27, looking into how Hockey Canada handled allegations of sexual assault and a subsequent lawsuit.Sean Kilpatrick/The Canadian Press Federal MPs say they expect more transparency from Hockey Canada at hearings this week after … Read more
A deal for major cryptocurrency exchange FTX collapsed this week, raising serious doubts about the business model for all crypto assets.DADO RUVIC/Reuters Getting caught up on a week that got away? Here’s your weekly digest of The Globe’s most essential business and investing stories, with insights and analysis from the pros, stock tips, portfolio strategies … Read more
The lowest advertised uninsured fixed rates in Canada mostly climbed this week, by four to eight basis points.Joe Raedle/Getty Images The lowest advertised uninsured fixed mortgage rates in Canada mostly climbed this week, by four to eight basis points. Popular two-year fixed rates, which attract people who want to lock in for a few years … Read more
VANCOUVER — Daniel Sedin and Henrik Sedin are looking forward to their Hockey Hall of Fame weekend, to celebrate their 17-season careers with friends and family, and maybe embarrassing fellow inductee and former Vancouver Canucks teammate Roberto Luongo when he plays defense in the Legends Classic Game. The soft-spoken twins are not, however, looking forward … Read more
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