Inflation aggravation is hitting Canadians once more, with rates now reaching highs not seen in nearly four decades. In June, prices at the pumps also jumped by more than 50 per cent compared to what they were a year ago and that affects the price of most everything you see in stores and restaurants because it’s shipped in. Food across the board costs nearly nine per cent more, hitting restaurants hard. Anne Gaviola has more on the impact on consumers, and when we could see inflation reach its peak.
As severe heat smothers parts of Canada, farmers are worried about how the weather will impact crop yields. Morganne Campbell reports on the damage from the unusually dry weather, and what this means for an already strained food supply chain.
Despite new promises to tackle the climate crisis, U.S. President Joe Biden faces more calls for action from environmental advocates. Jackson Proskow explains where the U.S. is still falling short on its numerous commitments, as a gruelling heat wave grips the country.
As other historic heat waves ease in parts of Europe, many residents are surveying the destruction caused by devastating fires. Ross Lord looks at the damaging toll spurring calls for leaders to take action against climate change.
Surging food costs have Canadian shoppers digging deeper into their wallets. Jeff Semple speaks with Sylvain Charlebois, professor and senior director of Dalhousie University’s Agri-Food Analytics Lab, about what’s driving up prices, its impact on food insecurity, how you can save money, and how long food inflation is expected to last.
Despite the vastness of space, the laws of gravity still apply to the things we launch into our galaxy. Now a Canadian study is examining the risks for us Earthlings posed by falling space junk. Mike Armstrong explains why the odds of debris causing serious damage, or even death, are on the rise.
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When the last tree is cut, the last river poisoned, and the last fish dead, we will discover that we can’t eat money – Cree Indian proverb
Not this year, for sure. It's just the beginning.
The "peak" of inflation is nothing to be excited about, because the initiated know that deflation follows soon after. Which is just as much of a disaster for an unprepared economy.
When pension COLA's are being calculated inflation will plunge.
Our queen !! 👸
Production has to increase to lower the prices.
We have oil why are the gas prices high ………….COROPATE GREED
russia did not invade ukraine last year and this is what you said!!! this is a fight and not a war and ukraine pushed russia by spying on them in the black sea! then faught russia with president bidens money and artillery!! disease is the lie global news tell the truth in your news casting!
How is what the hockey league payout find any different then residential schools? It's throwing money at the problem not fixing it. Neither is right but real change is difficult. It's all garbage. If they broke something physical money is great to fix that but theses are scarring mental issues.
good farewell Boris Johnson I will miss you.
this is a lie. there trying to keep people poor. so u cant buy anything. the climate is always
uncertain. i dont see more trees planted. they knew this would happen over 60 years ago
grocery stores still charge more for things that were not effected by inflation to increase the over all factor of their store. made in store foods and products not subject to inflation were also increased by up to 3 dollars, items that did not need increase and factories that had no reason to increase costs
the amount of grains and food that Canada produces and I'm still paying 10$ for a loaf of bread, stop giving our f*****g food away, in years past when we had abundance and our grocery bills were much lower giving away food wasn't a big deal. Either bring our costs down or stop wheeling and dealing with the world….or does corporate greed truly own this crooked government
Absolute garbage, the reason for the inflation is the fact that the liberals printed hundreds of billions of Canadian dollars during the last two years. All while knowing full well how badly it would devalue everyone's existing currency.
Money printing over the last 5 years is by far the biggest driving cause.The government just keeps printing money instead and not dropping their climate change agenda.
Limit gas consumption per person.
This is the most pathetic news outlet.
10:36 how does "the realities of high gas prices and the war in ukraine" block bidens climate change plans in congress?
Ukrainian is a big boy they can take care of them selves screw em
Plz ask Trudeau
Please ask Trudeau
So Trudeau fixes the Russian turbines for electricity probably to get on their good side against some opinions. Now Putin is going to cut some of the power to Europe and is blaming Canada? Looks like it backfired
The inflation rate is way higher than is being reported by main stream media, way higher! Then there is shrinkflation, paying more for less!
Symbolic 8.1 %ter not 8 or 8.2
Despite the economic downturn,I'm so happy☺️. I have been earning $ 60,000 returns from my $7,000 investment every 13days.
VER CARLOS GARIN.
COMENTARIOS.
LA VERDAD DEL GENOCIDIO VIGENTE.
FIN GRACIAS LIKE.
RUSSIA RUSSIA RUSSIA 🤣😂😂👀👃💩👀
Some time after we get rid of Trudeau, like last time his dad did this to us.
Global News Trudeau's propaganda machine network.
i liked jeff better when he played johnny cab in total recall..
Fear fear fear
This Liberal regime is dangerous
Trudeau isn't doing anything to help!!!
These Liberals and the Bank of Canada are corupt! Don't look at the prices! Tiffs got to go too!!!!!!
Pierre Poilievre for Prime Minister
In fact, all Canadian cities are already overcrowded, congested, polluted, and crime-ridden without any control, regulation, proper management, and governance.
Many Canadians have been suffering without proper housing, healthcare, transportation, education, jobs, income, housing, and decent life in Canada for a long time.
The JT government opens its doors to unlimited foreigners and strangers from corrupt and overpopulated countries just for their political gains and profits.
Now, the total system is collapsed, and MESS in Canada.
How to reduce costs at the pumps and grocery stores and banking institutions…stop paying taxes that our corrupt government takes and gives away to foreign countries…stop paying banking fees (take all your money out of the banks) stop giving your money to corrupt corporations like chain grocery stores like Walmart and loblaws who report record profits. ..support smaller local shops…force the government to tax the multi BILLIONS in profits made by oil mongers
The government needs to
lusc💸💵sly invest into grants for
Fr🥦m🫑rs for greenhouses.
For the offset of the dangerous storms.
Thay are controlled setting & If built properly what is a storm
All the talk with all the countries does nothing.
Restart an auto industry The governments have to accept as a loss.
Or "A" Complete loss to all.
It is something
We have to have no say.
Because the wambulance doesn't matter.
When it's too late.
Canada is an open air mental asylum. Almost the entire population is either depressed, diseased, or on prescription/illegal drugs….well, the leaders, academia, health care workers, and bankers are preying on its own population; especially the coloured people.
Real question should be when will the gov finally start handing out suicide pills Incase a person can't afford to pay his bills or afford food.
GLOBAL NEWS…WHEN SHAW MERGES WITH ROGERS…YOU AT GLOBAL NEWS WILL BE OUT OF A JOB!!!!. GOOD RIDDANCE
This is all this liberal government fault they have caused this big problem now topple this liberal government now . Liberals will pay a severe price for not listening to our Canadian citizens .The liberals have no regard for what Canadians want actually they the liberals care about lining their pockets with our money and tearing apart the average family and sending them into poverty .My question is when will there be a government that actually works for the people .Is there any honest politician out there I wait to see this in my life time .As I see the birth rate is declining all over the world and this will affect how world economies prosper .A warning to governments fix this problem or face becoming poverty stricken just like the rest of us .
Many countries have national security laws. I do not break the law in Hong Kong, and I am not afraid of anything.
I am happy to live in Hong Kong, apart from the small and expensive housing, democracy and freedom are better than Singapore, why are you not targeting it?