Metro Vancouver grain terminal workers begin strike

Metro Vancouver grain terminal workers begin strike

Workers at several Metro Vancouver grain terminals walked off the job Tuesday morning. Workers headed to picket lines at 7 a.m. PT, three days after Grain Workers Union Local 333 served strike notice, in what one industry group is saying could be “devastating” job action. Both the union and the employer, the Vancouver Terminal Elevators Association (VTEA), … Read more

Miner tied to Chinese state-owned enterprise says Ottawa shouldn’t challenge Peru deal

Miner tied to Chinese state-owned enterprise says Ottawa shouldn’t challenge Peru deal

A subsidiary of a Chinese state-owned mining firm says Canada is wrongly considering a national security review in its agreement to purchase a gold and copper mine in Peru. In May, Vancouver-based Pan American Silver Corp. announced an agreement worth almost $300 million US to sell its stake in Peru’s La Arena gold mine to … Read more

Gold Prices Near Record Highs as Its Safe-Haven Appeal Lure Investors Amid Middle East Tensions

Gold Prices Near Record Highs as Its Safe-Haven Appeal Lure Investors Amid Middle East Tensions

Tangible assets like gold appreciate over time because they are limited in supply, have universal demand, and are highly exchangeable worldwide. Gold has been seen as a sign of wealth for many centuries. Its intrinsic store of value and negative correlation to stock markets have made it one of the few asset classes that reached … Read more

Expect some food prices to get cheaper next year — but typical grocery bills may still go up by $700

Expect some food prices to get cheaper next year — but typical grocery bills may still go up by 0

Savvy shoppers should be able to find a few bargains at the grocery store next year, but even with prices for some essentials falling the typical Canadian family’s overall grocery bill is set to increase by about $700 next year. That’s the main takeaway from a closely watched annual report on the food industry, the … Read more