The National Anti-Vivisection Society (NAVS) has welcomed support from Sir Paul McCartney, who has joined the NAVS campaign to end secrecy in animal experiments in the UK.Sir Paul is joined by 24 fellow celebrities who have signed up to a statement urging the repeal of Section 24, the animal experiment ‘secrecy clause’ which is currently under review by the Government. Today is the final day for members of the public to have their say on legislation which currently cloaks animal experiments in secrecy.NAVS President Jan Creamer said: “The repeal of Section 24 is long overdue and a growing number of voices, including the Government themselves, agree that action must be taken. The situation as it stands is untenable. Please join the NAVS campaign to end animal experiment secrecy by responding to the Government’s public consultation before the end of today.”In addition to Sir Paul McCartney, the NAVS campaign to repeal Section 24 is supported by 24 celebrities, including Ricky Gervais, Paul O’Grady, Chris Packham, Joanna Lumley, Twiggy, Brian Blessed, Colin Baker, Annette Crosbie, Gemma Atkinson, Meg Mathews, Alexei Sayle, Sadie Frost, Benjamin Zephaniah, Eddie Izzard, Jenny Seagrove, Lynsey de Paul, Peter Egan, Julia Peasgood, Samantha Womack, Wendy Turner-Webster, Martin Shaw, Prunella Scales, Julian Clary and Ann Widdecombe.Over 4 million animals are experimented on in the UK each year, and the use of animals in research is an issue of considerable public concern. Section 24 of the Animals (Scientific Procedures) Act – the legislation governing the use of animals in research – prevents details of animal experiments being revealed; to do so would be a criminal offence carrying a two year prison term, even with the researcher’s consent. The clause has constrained public debate and inhibited scientific and ethical scrutiny of the use of animals in research.The NAVS is campaigning for the repeal of Section 24 of the Animals (Scientific Procedures) Act, which shrouds animal experiments in secrecy and prevents proper public and scientific scrutiny. Repeal of Section 24 would not compromise health or safety, protection of confidential information or intellectual property, because the Freedom Of Information Act already provides for the protection of personal information and confidential information.Find out more here.
The Rally for Kids with Cancer Scavenger Cup will be held in Nashville, TN October 24 and October 25, 2014 to raise funds for children’s cancer research and treatment at the city’s Monroe Carell Jr. Children’s Hospital at Vanderbilt, announced BG Capital Group Chairman Bobby Genovese.Nationally recognized as a top-level teaching and research facility and a leading provider of pediatric health care services, the 271-bed hospital is dedicated to serving only children. No child is denied care on basis of limited ability to pay.“Our goal is to raise much-needed funds to continue work toward finding a cure,” said Genovese who is joined by co-chairs and hospital board members Rick Dreiling, Chairman and CEO of Dollar General Corporation, and Rose Grindstaff, President of the G & M Group. “When we come together and choose to fight children’s cancer, we are making a difference in the lives of children currently in the battle for life. As event co-chair, I feel that it is vital that we all work together to provide much needed resources and support to pediatric cancer initiatives.”Rally for Kids Scavenger Cup is an event which began in Canada seven years ago and has raised more than $14 million to support pediatric cancer research, treatment and care. Nashville Rally for Kids with Cancer is an event supporting the Rally Foundation, a national charity here in the US benefiting the Monroe Carell Jr. Children’s Hospital at Vanderbilt.The Rally Foundation began in 2008 in Atlanta by a lady named Dean Crowe in response to a local mother’s plea for research dollars to help her 12-year-old son who was fighting a brain tumor. “Raise money for childhood cancer research and fund the best research wherever it may be,” she asked. The Rally Foundation is a national charity in the USA which raises awareness and funds for childhood cancer research. It has raised approximately $5.25 million and funded more than 75 research projects around the country.American country music singer-songwriter John Rich has been named honorary celebrity chair to help raise awareness and support for this vital cause. “All children should be given the opportunity to lead full, happy lives,” said Rich of his commitment to lending his name to such a worthy cause. “Through this incredible event we can make a difference together and rally for kids with cancer!”The Rally for Kids with Cancer Scavenger Cup is a unique and exhilarating two-day event. Car enthusiasts and philanthropists who participate, as drivers must each raise a minimum of $25,000 to enter their car and draft a Celebrity Navigator. Fueled by a thrilling schedule of events and exclusive pit stops, Rally Drivers and Celebrity Navigators embark on a journey of a lifetime.The Rally event will begin with an exclusive cocktail party on October 24, 2014 at the Grand Ole Opry Studio A – 2804 Opryland Dr. in Nashville to provide Rally Drivers with the opportunity to meet and recruit their desired Celebrity Navigator. The following day begins with the “Start Your Engines” brunch before participants set out on their day-long adventure marked by an extraordinary schedule of pit stops at some of the city’s most renowned establishments and venues. The event culminates that evening with a star-studded gala dinner at the Loews Vanderbilt Hotel at 2100 West End where Rally drivers, celebrities, sponsors and invited guests revel in their experiences while enjoying an incredible dinner, award-winning entertainment and live auction prizes during the Scavenger Cup awards ceremony.Find out more here.Source:PR Newswire
Dexcom, Inc., a leader in continuous glucose monitoring (CGM) for patients with diabetes, announced today it has partnered with multi-talented recording artist and actor, Nick Jonas, who has type 1 diabetes, to raise awareness of the benefits of CGM for people with diabetes.Video: Nick Jonas | Dexcom CGM User | Type 1 DiabetesJonas will share his personal story and views on living with diabetes and his use of Dexcom technology to help him monitor his glucose levels and manage his diabetes while he pursues and lives his dream.With approximately 29.1 million Americans living with diabetes, education on disease management is crucial to living with the condition day-to-day. The growth of continuous glucose monitoring systems, like the Dexcom G4 PLATINUM, has helped patients with both type 1 and type 2 diabetes understand valuable information about their glucose levels and trends, a key aspect to controlling the disease and staying healthy.“When I was first diagnosed, I was scared that I would no longer be able to do what I love but I made a commitment to take control of my diabetes and not let it slow me down,” said Nick Jonas. “The Dexcom CGM is an amazing step forward in the battle against diabetes and gives me the tools and confidence I need to feel in control so I can continue to follow my dreams.”Jonas was diagnosed with Type 1 Diabetes at the age of 13 while on tour with his brothers. Rapid weight loss, fatigue and other symptoms led to a quick diagnosis of type 1 diabetes but Jonas was determined not to let it stand in the way of achieving his dreams. In collaborating with Dexcom, he hopes to spread awareness for CGM and provide encouragement for those impacted by diabetes to take control of the disease and continue to do the things they enjoy.“We are thrilled to be collaborating with Nick Jonas on this educational campaign,” stated Kevin Sayer, Chief Executive Officer of Dexcom. “As someone who has truly benefited from CGM, Nick’s support in raising further awareness for management options and living life to the fullest with diabetes will augment our ongoing efforts to educate people about how they can best manage their diabetes. We believe Nick’s story will help inspire those who struggle with this disease on a daily basis.”Continuous glucose monitoring is considered the most significant breakthrough in diabetes management in the past 40 years. The traditional standard-of-care for glucose (blood sugar) monitoring has been a finger stick meter. CGM augments the use of glucose meters for the management of diabetes. Meters are still required to calibrate CGMs and for guidance in making therapy and meal decisions. CGM is important because, in addition to providing the glucose level, it provides the direction and rate of glucose change with the push of a button and alerts users when glucose is too low or too high.Diabetes affects 10% of the American population and is the 7th leading cause of death in the United States. Approximately 1.25 million people have type 1 diabetes. With diabetes, the body cannot produce or use the hormone insulin effectively, causing a buildup of glucose, or sugar, in the blood. It is estimated that approximately 86 million Americans over the age of 20 years old are at risk for developing diabetes (primarily Type 2), largely due to obesity, physical inactivity and poor diet. People with diabetes who take insulin must monitor their blood glucose levels frequently. Uncontrolled glucose can cause health complications and even death.For more information on Nick Jonas and Dexcom’s collaboration, please visit www.dexcom.com/nick-jonas.Source:PR Newswire
FNV, a first of its kind national brand, has signed on major celebrities like Stephen and Ayesha Curry, Cam Newton, Cindy Crawford, Jessica Alba, Kristen Bell, and Victor Cruz as the brand continues to build a fresh and bold movement behind fruits and veggies.Julianne Hough gives oranges a perfect 10 in the celebrity packed FNV campaignOf the $2 billion per year spent on advertising food & beverages to youth, less than one percent is spent on healthier foods. Now, celebrities are gracing billboards, infiltrating internet radio and dominating newsfeeds to give fruits and veggies some skin in the game.Launched in 2015 by the Partnership for a Healthier America (PHA), of which former First Lady Michelle Obama is an honorary chair, the FNV campaign has been flooded with support from new celebrities, partners and fans who want to support the work that Mrs. Obama began during her years in the White House. Committed to building a healthier America, read in the former First Lady’s own words how proud she is to be on Team FNV alongside so many celebrities using their star-power to get America to eat more fruits and vegetables.“I hear from my fans and blog readers constantly about their frustrations with making healthier choices and the challenges of incorporating fruits and vegetables into their everyday routines.” Said dancer, singer and actress Julianne Hough. “When I think about the overwhelming amount of marketing power behind less healthy options, I’m proud to support the FNV brand’s effort to spark a movement behind fruits and veggies.”Fruits and veggies need a campaign as bold, bright and colorful as they are. FNV has already seen the power in using out of the box marketing as a tool to inspire young people to eat more fruits and veggies. Research conducted by PHA in pilot markets shows that seven out of 10 survey respondents reported eating more fruits and vegetables after seeing or hearing about the campaign while grocery retailers who brought the campaign in-store saw an a measurable rise in produce sales.“When I make a decision to put my support behind an effort, I look for brands and causes that I can feel proud of as a mom,” says actress Kristen Bell. “FNV is exactly that. I think about all of the ads I see for less-than healthy products and how my kids watch what I put on my own plate. So I jumped at the opportunity to endorse fruits and veggies and join this one of a kind campaign.”Now in major cities nationwide, FNV is making waves with headlines like Kristen Bell Likes Her Veggies Frozen, through viral content like Michelle Obama and the Final Five powering up with fruits and veggies that has garnered over one million views to date, and at events like iHeart Radio’s Fiesta Latina giving away peach better have my money swag.The national FNV campaign is powered by partners such as powerhouse brand Ocean Spray Cranberries, leading healthcare providers BlueCross Blue Shield of North Carolina and Trinity Health, and influencer engagement leaders Whistle Sports, which brings their over 213 million social followers to the campaign. Fueled by their nationwide expansion, FNV is now launching innovative public private partnerships at the state level aimed at addressing public health challenges through Supplemental Nutrition Assistance Program Education (SNAP-Ed) initiatives reaching low-income individuals and families in communities that lack access to affordable and diverse produce options.Celebrating their two-year anniversary this month, FNV is just getting started in the effort to inspire people to eat more fruits and vegetables – or as best said by comedian Jimmy Kimmel, “Eat Your Effin Vees.”
Advertisement Advertisement LEAVE A REPLY Cancel replyLog in to leave a comment Facebook Here are some great links, reviews and guides to the festivalToronto Star – What’s hot at the Hot Docs film festival this yearToronto Star – Guide to the happy side of Hot DocsExclaim! – Seven Must-See Music Movies at Hot Docs 2017Canadian Jewish News – Get your Jewish content fix at this year’s Hot Docs FestivalReal Screen – Filmmakers dive deep on social issuesNorthern Stars – Bee Nation Launches Hot Docs Advertisement Login/Register With: Hot Docs begins today in Toronto, with over 230 documentaries from around the world. The festival runs from April 27 to May 7.Hot Docs, North America’s largest documentary festival, offers an outstanding selection of over films from Canada and around the world to Toronto audiences of more than 200,000.Find the films. Buy tickets. LOOK CLOSER: http://ow.ly/3ydk30ayRsH Twitter
Advertisement Attending a live taping is a fantastic way for aspiring performers, behind-the-scenes teams and their friends to get an inside look and a rare behind the scenes experience at of one of Canada’s biggest networks, so please spread the word!Tickets are FREE and there are some giveaways in store too. Tickets can be reserved by heading to www.cbc.ca/life/thegoodsFor group bookings or any questions (i.e. full production outings), please email directly at firstname.lastname@example.org.*This show may contain mature content. Admission is restricted to ages 16 and up. Advertisement TICKETS TO A LIVE TV TAPING NOW AVAILABLE!CBC has got the goods once again…and is seeking enthusiastic folks to join their studio audience in downtown Toronto.Every Monday, Wednesday and Thursday in front of a live studio audience a talented group of expert co-hosts, Steven Sabados (CBC’s Steven and Chris), Jessi Cruickshank (MTV Canada, Canada’s Smartest Person), Shahir Massoud (CityLine) and Andrea Bain (HGTV’s Live Here, Buy This) get together to share some laughs and their best advice on living a happier, healthier and more stylish life. They cover all kinds of topics including food, home, fashion, health and love. Twitter Advertisement Facebook LEAVE A REPLY Cancel replyLog in to leave a comment Login/Register With:
Advertisement More than 165,000 people visited Kusama’s renowned chambers of illusion during the show’s limited run at the AGO this year. Nearly as many seemed to share selfies from inside the rooms on social media.A permanent installation would become Kusama’s only Infinity Mirror Room at a Canadian public art museum.To pay for the work, the AGO is making a rare public appeal for help to raise $1.3 million for the display. The gallery has already secured another $1 million through its AGO Foundation. Advertisement “We want to buy an Infinity room by Kusama for our collection so people can see it,” Jost explained in an interview with Metro Morning. “The problem is, it’s really expensive.”The AGO says the campaign is the largest crowdfunding effort ever undertaken by a Canadian art museum in an effort to acquire a contemporary artwork. A woman looks at Yayoi Kusama’s “Love Forever,” part of the “Yayoi Kusama: Infinity Mirrors,” exhibition at the AGO in February. (Chris Young/The Canadian Press) Facebook Advertisement LEAVE A REPLY Cancel replyLog in to leave a comment The Art Gallery of Ontario has launched a crowdfunding campaign to bring one of Yayoi Kusama’s signature Infinity Mirror rooms to its permanent collection.A temporary exhibit by the Japanese artist was a smash hit this past spring, and it seems the AGO is now hoping to mirror the success of the show — for infinity, or at least as long as the gallery exists.“Yayoi Kusama is one of the most important artists alive today. The opportunity to have an Infinity Mirror Room as part of the AGO’s collection is deeply exciting,” said Stephan Jost, CEO of the art gallery. Login/Register With: Twitter
APTN National NewsA family from Fort McMurray, Alta., is hoping the public will be able to help find their daughter.Amber Alyssa Tuccaro, 21, has been missing for three months.She was last seen in Nisku, Alta., in August.She is described as a First Nations female, with brown eyes, black hair, 155 centimetres tall and weighing about 60 kilograms.
APTN National NewsThe fate of a virtually untouched piece of nature in the Yukon lies in the hands of the territorial government.A recent plan calls for a large proportion of the Peel watershed to be protected, but the government has yet to accept it or reject it.As APTN National News reporter Shirley McLean reports, First Nation elders want their voices to be heard.
APTN National NewsA soldier based in Shilo, Manitoba will be sent to prison for five years for the death of a gay, Aboriginal man.Jason Ouimet was originally charged with murder but pleaded guilty to manslaughter in April.Ouimet’s lawyer says the soldier acted in defense of a sexual assault.APTN National News reporter reporter Meagan Fiddler has more.
APTN National NewsHalifax police are searching for a missing Inuk woman.Loretta Saunders, 26, has been missing for five days.She’s originally from Happy Valley-Goose Bay, Labrador.As APTN’s Trina Roache reports, her family hopes that someone can help find her.
(What appears to be an empty office of the national MMIWG inquiry in Winnipeg. Photo: Kathleen Martens/APTN)Kathleen Martens APTN NewsA former manager at the National Inquiry for Missing and Murdered Indigenous Women and girls says there is no treatment plan for hurting families.“There is no aftercare plan; not that I’ve seen,” said Morene Gabriel, who was fired as the Inquiry’s community relations manager for Manitoba and Saskatchewan.The care plan is supposed to be a major plank in the foundation of the Inquiry to ensure families are coping, after emotional and often gut-wrenching testimony.Commissioners even delayed the long-awaited schedule of hearings to make sure they were following a “trauma-informed” process.But Gabriel told APTN that she was not allowed to refer people for professional help.“My concept of after-care is intense therapy, not check-in calls,” she said. “When a family went into crisis, I was on the phone for four hours with them on a Friday night and again the next Saturday morning.“Everyone was gone for their weekend, the health manager was away. There was no support internally to give me direction on what to do.”Gabriel said she did her best to look after people with the limited instructions she was given.She said she developed her own health framework and got to work.“I’ve had to deal with the tough stuff. I’ve been called out, yelled at, but I gained their respect.”Gabriel is one of three people fired in the last week. Another two employees resigned in protest.The inquiry did not respond to requests for comment Thursday.It is scheduled to hear from families in Saskatoon next week and Gabriel is worried about them. She says she checked in with families after she was fired.“There’s no governance document, no policies, and procedures, no human resources. I don’t know why I was fired.”Gabriel shared the letter offering her the job to start June 5, 2017.She also showed APTN News the email telling her she was no longer needed.“I was never given a reason,” she said, adding co-workers she left behind now tell her they fear for their jobs.“It was a toxic workplace and this makes it worse. There was lateral violence, gossiping, nepotism, favoritism.”Gabriel said she sent an email to Chief Commissioner Marion Buller seeking an explanation. She said Buller sent it on to executive director Debbie Reid.Gabriel says she worked from home because there was no furniture in the office the inquiry has leased in downtown Winnipeg.She said a smartphone she received did not come with a charging cord.For that she blames “backlogs” with the federal government – something commissioners have complained about since they were tapped by Ottawa to lead the two-year probe into ongoing violence against Indigenous women and girls.Sue Caribou blamed those same backlogs for why she stepped down from the National Family Advisory Circle Wednesday.“This is hurting families,” she said, near tears. “The prime minister has to stop this.”According to a statement provided by a spokesperson at the Privy Council Office, the non-partisan wing of the prime minister’s office the provides support and advice to cabinet, the government is up to date with any invoices it has received.“The funds are fully accessible by the Commission and payments are made once approval from the Commission, along with the appropriate supporting documentation, is received,” the statement said.“I can’t do this anymore,” said Caribou. “The grandmothers have not been paid, families have been stranded in airports. I’m waiting to be reimbursed for travel.“It’s all too much.”Caribou said a recent conference call with circle members from across Canada and the commissioners ended in tears.She said the stress is more than she can handle.Both Caribou and Gabriel have lost family members to violence.They said what started as a way to help others has become an emotional roller coaster.“I’ve encouraged my former co-workers to speak out. This is such a toxic culture.”Gabriel said she tried to help by making recommendations based on feedback she received from families her suggestions were rejected.Caribou said she was similarly frustrated. “They ask us for advice but they don’t listen to us,” she said. “There is no support, no communication.”Caribou, who testified at the Winnipeg hearings, says she wants the Inquiry stopped. So does Gabriel, who is worried about the mental health effects on families.“This could do some real damage,” Gabriel said.
Nation to Nation The Inquiry dominated the morning session at the Assembly of First Nations special chief’s assembly Thursday.Inquiry Chief Commissioner Marion Buller gave a presentation, noting that more work needs to be done. And how she will initiate a plan to formally ask the federal government for more time and money, at least a two year extension.After her presentation, Buller heard sharp criticism from the floor microphones.“There’s a stark reality between the Truth and Reconciliation Commission and this national inquiry on missing and murdered women,” said Judy Wilson of the Neskonlith First Nation in British Columbia.“Why?” she asked. “Was it about the money? Was it about the organization or is it about how it’s being led?”“It is nothing but a gong show, a circus show,” said Jocelyn Wabano-Iahtail, whose daughter was killed in 2001.Manitoba Keewatinowi Okamakanak Grand Chief Sheila North was even more pointed in her comments.“I have to tell you and I’m kind of repulsed that you’re actually here because in the summertime you didn’t even acknowledge our concerns,” she said.“We saw a commission that is falling apart and is not doing the work that the women and children and men fought for,” North continued. “And I’m sorry to say that but I think you have to go. You need to step down to salvage this inquiry.”North explained further to Nation to Nation host Todd Lamirande why she wants Buller to step down.“She seems cold. She seems like she’s leading by her head and she should be leading by her heart.”After Buller’s departure the chiefs in assembly voted in favour of a resolution to support the Inquiry’s attempt to seek an extension and an amendment to the resolution called on Buller to step down.You can subscribe to the Nation To Nation podcast below:
Dwight Brown (left), Lennese Kublu and Susan Kuplu-Irqittuq (handout photo).Kathleen MartensAPTN NewsOttawa police say they continue to search the city’s landfill for the body of Susan Kuplu-Irqittuq, a Nunavut woman who went missing on Jan. 11.Const. Chuck Benoit said the case is now a homicide investigation and Kuplu-Irqittuq’s daughter, Lennese Kublu, is charged with second-degree murder and indignity to a body.Kublu, 18, was arrested Jan. 25. She and her mother spelled their surnames differently in English.Police said Kublu’s boyfriend, 28-year-old Dwight Brown, was arrested in Toronto and returned to Ottawa, where he was also charged with second-degree murder and indignity to a human body.Both suspects remained in custody, Benoit said Tuesday.Police haven’t said how Kuplu-Irqittuq was killed but suspect her body was disposed in a dumpster in the city’s west end before being transported to the Trail Road Waste Facility as part of regular waste collection.Benoit said a “specially trained search team” was combing the landfill.Kuplu-Irqittuq was originally from Igloolik, an island of about 2,000 people north of the Arctic Circle, between the Canadian mainland and Baffin Island.She had lived in Ottawa for several years and had other children.Her family has requested privacy at this time.Brown faces additional charges in Toronto, also from January, of assault, theft and cocaine email@example.com@katmarte
TORONTO – The Commissioner of Competition has accused Hudson’s Bay Co. (TSX:HBC) of possibly withholding tens of thousands of documents in a case of alleged deceptive pricing practices, but the department store chain said the commissioner’s request is irrelevant and too broad.The commissioner filed a request to the Competition Tribunal to require HBC to produce documents related to its pricing practices of mattress and box spring sets, as well as other products from February 2015 until now.The request asked the tribunal to strike HBC’s response from the record should it fail to produce the documents within 10 days.HBC responded by asking the tribunal to dismiss the commissioner’s motion on the basis that the documents from the time frame are not relevant and the request for that many documents within 10 days is too broad, unreasonable and unrealistic.HBC said it would be a considerable burden to comply and the company has already spent more than US$425,000 to gather 37,000 documents from different dates for the commissioner.In February, the Competition Bureau accused the department store chain of misleading consumers over sleep set prices since at least March 2013 — a claim HBC disputes. The proceedings are ongoing.“We take compliance with all laws and regulations very seriously, and we believe our mattress pricing process is fair, competitive and in line with industry standards and the Competition Act,” HBC said in a statement.
TORONTO – The number of Toronto-area homes sold last month fell nearly 35 per cent and the average selling price dropped more than 12 per cent from historically high levels set last year, the Toronto Real Estate Board reported Tuesday.There was a total of 5,175 residential transactions through the board’s MLS system last month, down 34.9 per cent compared to the 7,955 sales in February 2017.The region’s average selling price, covering all types of residential re-sales, was down 12.4 per cent to $767,818 — still one of the most expensive in Canada.Detached houses — the most expensive of the major categories tracked by TREB — showed the biggest declines in both the number sold and sales price compared with last year.The detached category had also been the driving force behind a spike in prices in the early months of 2017 that prompted the Liberal provincial government to introduce a package of measures last April to cool the market.That was followed by a financial stress test for buyers, which officially came into effect on Jan. 1 for federally regulated lenders, following an October announcement by the Office of the Superintendent of Financial Institutions.“When TREB released its outlook for 2018, the forecast anticipated a slow start to the year compared to the historically high sales count reported in the winter and early spring of 2017,” TREB president Tim Syrianos said Tuesday.“Prospective home buyers are still coming to terms with the psychological impact of the Fair Housing Plan, and some have also had to re-evaluate their plans due to the new OSFI-mandated mortgage stress test guidelines and generally higher borrowing costs.”Interest rates for mortgages have risen over the past year as a result of moves by the Bank of Canada and fluctuations in the bond markets.However, higher borrowing costs and OSFI’s stricter requirements didn’t slow the Montreal market — which marked the 36th straight increase and the busiest month of February since 2012 for the Greater Montreal Real Estate Board.The Montreal-area board reported Tuesday that home sales in Quebec’s largest market — which hasn’t seen a spike like Toronto’s — grew five per cent year-over-year in February, and prices were up across all major categories of properties.The median price of single-family homes across Greater Montreal was $310,000 last month, up six per cent year-over-year, while plexes reached $481,500, a one per cent increase. The median price for condominiums grew by five per cent last month, with half of all units selling for more than $250,000.“The acceleration in price growth is a direct result of increasingly tighter market conditions, which can be explained by a decline in the supply of properties for sale,” said Mathieu Cousineau, president of the GMREB board of directors.The number of active residential listings in the board’s Centris system was 26,252, down 17 per cent compared with last year.In the Toronto area, the number of active listings in TREB’s MLS system totalled 13,362 and there were 10,520 new listings, below the 10-year average for the month of February.Jason Mercer, TREB’s director of market analysis, said the supply of listings will likely remain below average in many neighbourhoods in the Greater Toronto Area and that could “further hamper affordability” over the long term.In the coming months, however, Mercer said TREB expects to see a pickup in sales and selling prices relative to last year in the spring and summer — which had seen a drop-off after the provincial housing package was announced.“Expect stronger price growth to continue in the comparatively more affordable townhouse and condominium apartment segments,” Mercer said Tuesday.
WASHINGTON – The Federal Reserve has raised its benchmark interest rate for the second time this year and signalled that it may step up its pace of rate increases because of solid economic growth and rising inflation.The Fed now foresees four rate hikes this year, up from the three it had previously forecast.The central bank on Wednesday raised its key short-term rate by a modest quarter-point to a still-low range of 1.75 per cent to 2 per cent. The move reflects the economy’s resilience, the job market’s strength and inflation that’s finally nearing the Fed’s target level.The action means consumers and businesses will face higher loan rates over time.It was the Fed’s seventh rate increase since it began tightening credit in 2015, and it followed an increase in March this year.When the Fed last met in May, it left its short-term rate unchanged. But it noted that inflation was edging near its 2 per cent target after years of remaining undesirably low. Should inflation eventually pick up, the Fed might move to tighten credit more aggressively.A gradual rise in inflation is coinciding with newfound economic strength. After years in which the economy expanded at roughly a tepid 2 per cent annually, growth could top 3 per cent this year. Consumer and business spending is powering the economy, in part a result of the tax cut President Donald Trump pushed through Congress late last year.With employers hiring at a solid pace month after month, unemployment has reached 3.8 per cent. Not since 1969 has the jobless rate been lower.Beginning in 2008 in the midst of the financial crisis, the Fed kept its key rate unchanged at a record low near zero for seven years. It then raised rates once in 2015, once in 2016, three times in 2017 and now twice this year.The Fed aims to achieve its mandates of maximizing employment and stabilizing prices by lowering rates to spur growth during times of economic weakness and raising rates to slow growth if the economy threatens to overheat. When the Fed tightens credit, it aims to do so without derailing the economy. But if it miscalculates and overdoes the credit tightening, it can trigger a recession.The economic expansion has survived for nine years and is now the second-longest in history. It will become the longest if it lasts past June 2019, at which point it would surpass the expansion that lasted from March 1991 to March 2001.While many economists think the current expansion will exceed the 1990’s streak, some worry about what might occur once the impact of the tax cuts begin to fade and the Fed’s gradual rate hikes begin to curb growth.Diane Swonk, chief economist at Grant Thornton, has suggested that the economy could experience a “growth recession,” in which the gross domestic product slows so much that unemployment starts to rise.The Fed’s pace of rate hikes for the rest of the year could end up reflecting a tug of war between a sturdy economy and the risks to growth, including from a potential trade war that could break out between the United States and such key trading partners as China, the European Union, Canada and Mexico. All those countries have vowed to retaliate against any U.S. tariffs with their own penalties against U.S. goods.A global trade war would risk cutting into U.S. economic growth by depressing American export sales and raising inflation by making consumers and businesses pay more for imports.The Fed’s meeting this week is to be followed by policy meetings of two other major central banks — the European Central Bank on Thursday and the Bank of Japan on Friday. While Japan’s central bank isn’t expected to make any major policy shifts, anticipation is rising that the ECB may outline as early as this week plans to begin paring its bond-buying stimulus program as a prelude to ending them altogether.
iBook charts for week ending December 23, 2018: (Rank, Book Title by Author Name, ISBN, Publisher :iBooks US Bestseller List – Paid Books1. Becoming by Michelle Obama – 9781524763152 – (Crown)2. The Last Anniversary by Liane Moriarty – 9780062008671 – (Harper Perennial)3. The Terminal List by Jack Carr – 9781501180835 – (AtriaEmily Bestler Books)4. One Day in December by Josie Silver – 9780525574705 – (Crown Archetype)5. The Reckoning by John Grisham – 9780385544160 – (Knopf Doubleday Publishing Group)6. Educated by Tara Westover – 9780399590511 – (Random House Publishing Group)7. Where the Crawdads Sing by Delia Owens – 9780735219113 – (Penguin Publishing Group)8. Can’t Hurt Me by David Goggins – 9781544512266 – (Lioncrest Publishing)9. Long Road to Mercy by David Baldacci – 9781538761557 – (Grand Central Publishing)10. Past Tense by Lee Child – 9780399593529 – (Random House Publishing Group) (copyright) 2018 Apple Inc.____The Associated Press
NEW YORK — Amazon’s rise is forcing laundry detergents to shrink.Soap makers Tide and Seventh Generation have introduced redesigned laundry detergents that are several pounds lighter by cutting down on plastic in their packaging and using less water in their formulas. They’re making the changes to please Amazon and other online stores: Lighter packaging means retailers will pay less to ship the detergent to shopper’s doorsteps, making each sale more profitable.For consumers, the new packaging has been designed to better survive shipping without leaking. The challenge, however, is getting online shoppers to buy detergent that looks nothing like the heavy bottles they are used to.Joseph Pisani, The Associated Press