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Category Archives: Economic

U.S. bond yields just inverted — here's why that matters

One of the most closely watched predictors of a potential recession just yelped even louder. The signal lies within the bond market, where investors show how confident they are about the economy by their level of demand for U.S. government bonds. It’s called the “yield curve,” and a significant part of it flipped Friday for…

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Canadian Food Inspection Agency recalls Janes brand chicken nuggets

The Canadian Food Inspection Agency has announced the recall of Janes brand pub style chicken nuggets because they could be contaminated with salmonella. The recall affects uncooked 800g breaded chicken nuggets with a best before date of Dec. 15, 2019. This product is sold across the country by Sofina Foods Inc. This is part of a recurring recall of raw, frozen,…

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China has stopped buying Canadian canola seed

Chinese importers are unwilling to purchase Canadian canola seed at the moment, the group that represents the industry in Canada says. Earlier this month, Chinese customs authorities revoked the sales licence for a major Canadian canola supplier, Richardson International. Officials said the move was related to “dangerous pests” such as fungi in the crop, an allegation…

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'I'm hoarding': Ontario's basic income recipients prepare for program's early end

Ontario’s basic income pilot project was widely expected to last three years, and for participants who made financial commitments based on that, the program’s early end next week is creating new financial stress. The province’s previous Liberal government launched the basic income pilot in 2017 to see if more money could change the lives of people with low…

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