PRESS DIGEST-Canada

GOBankingRates
I Have Regrets About Retiring Early: 4 Expenses I Should Have Prepared For
Early retirement sounds like a dream come true, but it's not all rainbows and roses for most people. Find Out: These 8 Expenses Can Kill Your Retirement -- Should You Ditch Them ASAP?Learn More: 4...
The Canadian Press
London Drugs announces gradual reopening of stores following cybersecurity incident
London Drugs says it is gradually reopening its stores following a cybersecurity incident that shuttered its more than 80 locations across Alberta, Saskatchewan, Manitoba and B.C. The Richmond, B.C.-based pharmacy chain says in a statement issued Saturday that it's "taking the time with each store to ensure systems are working and ready to serve customers." Because of that, it says it will not be communicating which stores are opening and when. The statement says pharmacists are on-site at all s
Moneywise
For 'the price of a new truck' you can buy a dream retirement home abroad — but consider these 3 things first
Some might be "fixer-uppers" but they're still cheaper than U.S. locations.
SmartAsset
When I Claim My $4,000 Social Security, Will My Wife Automatically Get a Spousal Benefit?
My wife is 76, born in 1948. She retired at full retirement age and currently collects $1,076 per month. I will be retiring and start collecting at 70 this year (I was born in 1954). When I collect $4,000+ per month does her monthly payment go up to spousal benefit automatically or does it have […] The post When I Claim My $4,000 Social Security, Will My Wife Automatically Get a Spousal Benefit? appeared first on SmartReads by SmartAsset.
CBC
Toronto medical officer sees drug decriminalization as 'health issue,' despite Ford's opposition
CBC chief political correspondent Rosemary Barton speaks with Toronto's medical officer of health, Dr. Eileen de Villa, about the city's application to decriminalize drugs for personal use, which the Ontario government has refused to support.
Local Journalism Initiative
Pensions of 16,000 workers, retirees at stake in court battle
Union lawyers grilled a pension expert in a New Brunswick court on Friday, part of a bigger battle to overturn a law passed by the Higgs Progressive Conservative government to convert the retirement plans of 16,000 public workers and retirees to something cheaper for taxpayers. Joseph Nunes, the executive chairman and founder of Actuarial Solutions in southern Ontario, was hired by the Tory government to file a report and act as an expert witness in service of the Court of King’s Bench, which is
Bloomberg
Russia’s War Economy Starves Crucial Oil Industry of Manpower
(Bloomberg) -- Russia’s oil and gas industry has been crucial for bankrolling the invasion of Ukraine, giving the Kremlin the funds to keep fighting even as the conflict drags on through its third year. But the industry is facing a shortage of manpower as the full mobilization of Russia’s economy for war exacerbates a longstanding demographic crunch.Most Read from BloombergTruce Talks Drag as Hamas Hits Israel Crossing in Deadly AttackBuffett Praises Apple After Trimming It, Drops Paramount Stak
Moneywise
TikToker says she makes more per hour working at Domino’s than at NBC. Are fast food jobs more desirable now?
Could you really supersize your income?
Reuters
Chinese tariffs could leave cognac makers with too much brandy
High Chinese tariffs on EU brandy would leave French companies with vast amounts of cognac that could be hard to sell elsewhere, according to Reuters' calculations, analysts, and investors who fear firms could be forced to discount. China opened an anti-dumping investigation into brandy imported from the European Union in January, sparking fears cognac could suffer a similar blow to that taken by Australian wine when China introduced tariffs of up to 218.4%. Australian wine exports to China, worth $1.1 billion in 2019, were almost completely wiped out by high tariffs.
Euronews
EU ready to make 'full use' of trade defence tools against China, Von der Leyen warns Xi
The European Union stands ready to flex its muscles to protect the bloc from China's aggressive trade practices, European Commission chief Von der Leyen warned Monday following a three-way meeting with Macron and Xi.
Business Insider
The AI boom reminds this expert of the dot-com bubble — with one dangerous difference
Startups rode the internet wave while Big Tech companies are leading the AI charge, meaning if their stocks crash then far more investors will be hit.
CBC
WestJet issues lockout notice to mechanics' union
WestJet has issued a 72-hour lockout notice to the union representing the Calgary-based airline's mechanics. The notice paves the way for a work stoppage to begin on Tuesday.Last week, the Aircraft Mechanics Fraternal Association (AMFA), which represents the carrier's aircraft maintenance engineers, announced that members would begin taking a strike vote on May 2. Voting will continue until May 9.WestJet and the AMFA have been negotiating a new contract since September 2023.In a Saturday morning
SmartAsset
Can I Retire at 67 With $500k in an IRA and $2,000 Per Month From Social Security?
Half a million dollars might sound like a lot of money, but if you’re approaching retirement, is it enough? If you have $500,000 in a pre-tax IRA and expect $2,000 per month from Social Security, you may have enough money to retire at age 67. A half million dollars is a relatively modest nest egg, […] The post I Have $500k in an IRA and Will Receive $2,000 Monthly From Social Security. Can I Retire at 67? appeared first on SmartReads by SmartAsset.
Yahoo Finance
The ending of Google's monopoly trial has Silicon Valley on edge
Google has a lot at stake as a federal judge weighs whether the tech giant’s search empire should be broken up. But so does the rest of Silicon Valley.
Financial Post
Why your retirement may be different than you expected
Jason Heath: There is no surefire formula for planning for retirement, so expect the unexpected
CNN Business
Howard Schultz wants Starbucks to fix its American business
Former Starbucks CEO Howard Schultz might’ve left the coffee giant several months ago, but he’s still offering critiques of the company he once ran.
The Conversation
Paying caregivers more could boost Nebraska’s economy − new research
Paying the caregivers of people with disabilities more would improve care while increasing economic growth, a research team found.
Canadian Press Videos
After Trump-era cuts, the American refugee system rebuilds across the country
Seth Hershberger, refugee settlement director for Lutheran Services Carolinas, describes the work his agency is doing to welcome and prepare refugees for a new life in the United States. (AP video: Erik Verduzco)
Reuters
Ping An votes against reappointment of HSBC CEO as director, source says
(Reuters) -China's Ping An Insurance Group Co the biggest Asian investor in HSBC PLC did not support reappointing chief executive Noel Quinn as a director to the banks board at the its shareholder meeting, a source familiar with the matter told Reuters on Saturday, as the investor voted against such a move. Quinn, who has announced he will step down as chief executive once a successor is appointed, last year defeated Ping An's long campaign to get HSBC to spin off its Asia business. Europe's biggest bank had faced proposals submitted by Hong Kong-based individual investor Ken Lui and backed by its biggest Asian shareholder Ping An to consider a radical restructuring and to boost its dividends.
Market Exclusive
Weekly Roundup on the Cannabis Sector & Psychedelic Sector
Key Takeaways; Cannabis Sector Canopy Growth secured $50M financing, and restructured debt with an institutional investor. High Tide appointed a new CFO, as the company eyes long-term growth. SNDL intends to move forward with Parallel and Skymint acquisitions, despites the deals facing litigation. Schwazze settled wage theft claims amidst another legal challenges. Key Takeaways; Psychedelic […]

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PRESS DIGEST-Canada - April 26

Latest Stories

I Have Regrets About Retiring Early: 4 Expenses I Should Have Prepared For

London Drugs announces gradual reopening of stores following cybersecurity incident

For 'the price of a new truck' you can buy a dream retirement home abroad — but consider these 3 things first

When I Claim My $4,000 Social Security, Will My Wife Automatically Get a Spousal Benefit?

Toronto medical officer sees drug decriminalization as 'health issue,' despite Ford's opposition

Pensions of 16,000 workers, retirees at stake in court battle

Russia’s War Economy Starves Crucial Oil Industry of Manpower

TikToker says she makes more per hour working at Domino’s than at NBC. Are fast food jobs more desirable now?

Chinese tariffs could leave cognac makers with too much brandy

EU ready to make 'full use' of trade defence tools against China, Von der Leyen warns Xi

The AI boom reminds this expert of the dot-com bubble — with one dangerous difference

WestJet issues lockout notice to mechanics' union

Can I Retire at 67 With $500k in an IRA and $2,000 Per Month From Social Security?

The ending of Google's monopoly trial has Silicon Valley on edge

Why your retirement may be different than you expected

Howard Schultz wants Starbucks to fix its American business

Paying caregivers more could boost Nebraska’s economy − new research

After Trump-era cuts, the American refugee system rebuilds across the country

Ping An votes against reappointment of HSBC CEO as director, source says

Weekly Roundup on the Cannabis Sector & Psychedelic Sector