At a warehouse on an industrial stretch in Ottawa, giant metal crates of donated groceries are piled high as volunteers sort canned goods, pasta and other foods to be distributed to pantries around the Canadian city.
Demand has surged 33% at the Ottawa Food Bank from pre-COVID-19 pandemic levels, with visits up as spiraling grocery, gas and rent prices, along with fast-rising borrowing costs, leave more Canadians struggling to make ends meet.
At the same time, the Bank of Canada has hiked interest rates by 350-basis points in just seven months, one of its sharpest tightening campaigns ever, to try to force inflation back to its 2% target. "I understand a lot of Canadians are in debt and interest rate increases will put more stress on them. It is something that we are watching closely," he told Radio-Canada.
The pain is also being felt on the farm, where record high debt levels and surging operating costs are weighing on many farmers, despite strong grain prices.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Hydro giant Canada faces provincial divides in electrification driveOttawa is scheduled to release regulations by year-end to compel utilities toward net-zero. Electricity generation is Canada’s fourth-largest source of greenhouse gas emissions. climatechange hydro canada
続きを読む »
Canadians will be able to buy bonds to support Ukraine, prime minister saysOttawa is not setting a limit, for now, on how much money might be raised through the bonds. It will also open up the bonds to other countries. canada politics cdnpoli
続きを読む »
Once grounded by pandemic, road warriors return to the skiesMore than two years after the pandemic disrupted business trips and corporate junkets, work travel is ramping up. But the rebound still has a way to go.
続きを読む »
U.S. inflation still running hot, key PCE price gauge showsThe PCE index, a key gauge of U.S. inflation, rose a mild 0.3% in September, aided by the lower cost of gas. Yet prices are still going up even if they aren’t climbing as fast as they were earlier in the year.
続きを読む »
Winter ice storms wreak havoc. Could penguins be the solution?Canadian researchers have created a wired mesh inspired by Gentoo penguin feathers to naturally shed ice off surfaces and stave off the havoc that ice storms bring.
続きを読む »
Sandy knocked them down. Nothing will make them leave.Ten years after the superstorm, residents of Long Island’s Mastic Beach are rooted to the coast despite a growing risk from rising seas and fiercer storms.
続きを読む »