TORONTO – Out of nearly 16.3 million emergency room visits in one year in Canada, a staggering 1,267,736 patients (7.8%) were not treated because, due to the endless waits, they gave up and left. This is a huge number, marking a 35.6% increase, in 2024, over the previous year: a sign that Canadian healthcare is increasingly in a state of emergency, as highlighted in the report released today by the public policy think tank MEI (Montreal Economic Institute). →
TORONTO – The Bank of Canada has made its first interest rate cut since March, lowering its benchmark rate by 25 basis points, from 2.75% to 2.5%. There were several reasons for Canada’s central bank’s decision, as explained today during a press conference held by the bank’s governor, Tiff Macklem, and deputy Carolyn Rogers. →
TORONTO – When The Devil Wears Prada was released in 2006, it very quickly became a cultural phenomenon, glamourizing the fashion world akin to Audrey Hepburn’s Funny Face in 1957. The New York to Paris trajectory was used in both films. But now, The Devil Wears Prada 2 is ditching the Paris catwalk for a passeggiata in Milano’s Brera district, taking its crew to Prada’s home city – Milano.
TORONTO – Inflation in Canada increased in August, but less than some economists expected. However, the price rise continues. According to data released today by Statistics Canada (here the whole report), inflation for consumer goods and services, measured by the consumer price index, was 1.9% in August compared to the same month last year. Economists, as we said, had expected a slightly higher rate: 2%, up from 1.7% in July. →
TORONTO – Autumn is close but the atmosphere is heating up at the Toronto Catholic District School Board, one of the school boards placed under “supervision” by the Ontario government in an effort to restore its budget, which has consistently been in the red in recent years despite millions of dollars poured in from the Province itself. →
