Could vanity be your downfall? Skiers warned of selfie injuries

by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorUnify Health LabsRandy Jackson: This 3 Minute Routine Transformed My HealthUnify Health LabsWarped SpeedCan You Name More State Capitals Than A 5th Grader? Find Out Now!Warped SpeedOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutFinanceChatterViewers Had To Look Away When This Happened On Live TVFinanceChatterLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver Health2021 Buicks | Search AdsIntroducing The Head Turning 2021 Buicks!2021 Buicks | Search Ads Oliver Gill When you capture a new trick or a fantastic run on your camera or phone, make sure you are visible to other skiers coming down the slope, that you have stopped somewhere safe and you don’t try and retrieve dropped equipment if it’s unsafe. Could vanity be your downfall? Skiers warned of selfie injuries Meanwhile, Rob Thomas, head of brand at Columbus Direct added: “While it’s fun and thrilling to capture yourself in action with the latest gadgets on the slopes, sport enthusiasts should always prioritise their own safety above all else in order to enjoy an incident free, winter sports holiday.”The research also revealed the amount of money Brits spend on fancy kit in order to look cool on the pistes. whatsapp whatsapp Share Read more: How to look good next to ski champions in Val d’IsereMen splurged almost double that of women on equipment, spending an average of £302 each compared with £168 by women. Adding in spend on clothes, British skiers spend an average of £518 each year before they’ve even stumped up for their holiday, flights or lift pass.Millennials’ average spend was devilishly high, £666 on average, while those over 55 were much more frugal, parting with just £156 annually. Wednesday 25 January 2017 5:02 pm Read more: Ski the same slopes as Bond, now with fewer evil RussiansOlympic adviceWhile not urging holiday-makers to refrain from taking photos, four-time skiing Olympian Chemmy Alcott had some sage safety advice for powder hunters. She said: Millions of Brits heading to the mountains to play in the white stuff this winter have been warned that taking an innocuous selfie could ruin their holiday.A startling 51 per cent of people have injured themselves while trying to photo their exploits – and 28 per cent of these have been carted off by medical services as a result, according to research by travel insurer Columbus Direct. More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comWhy people are finding dryer sheets in their mailboxesnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comConnecticut man dies after crashing Harley into live bearnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com read more

Bristol Bay revealed as Blob hotspot

first_imgClimate Change | Environment | Fisheries | Science & TechBristol Bay revealed as Blob hotspotJanuary 22, 2016 by Matt Miller, KTOO Share:A new animation shows how a mass of warm water in the northeast Pacific waxes in the summer and wanes in the winter.“Most of what we look at is monthly summaries, and it seemed interesting to do it on a daily time scale to see how dynamic its features were, and how they developed and moved over time,” says Tom Wainwright, research fisheries biologist at National Oceanic and Atmospheric Administration’s Newport Research Station in Oregon.Video Playerhttps://media.ktoo.org/2016/01/TheBlob.mp400:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.To produce the visualization, Wainwright used two years of sea surface temperature data gathered by ships, buoys and satellites to show movement or changes in the strength of The Blob. In places where there were no surface measurements or where cloud cover obscured the ocean, Wainwright said the blended data set interpolated temperatures over time or an area.Wainwright said a big surprise is the mass of warm water that appeared in Bristol Bay and eastern Bering Sea during the summer of 2014.“It seemed The Blob spread across the Aleutian (Islands and Alaska) Peninsula and Bristol Bay,” Wainwright said. “Since I work down in Oregon and Washington, I hadn’t really looked at that before. I don’t know how it’s affecting Bristol Bay fisheries.”Wainwright said he primarily produces short-term salmon forecasts for fisheries managers and long-term modeling for endangered species listings. Salmon are a cold water species that can be stressed when summer temperatures are higher than normal.“Any periods of warm temperature – at least for the stocks down here – seem to reduce the productivity of salmon,” Wainwright said. “They get very high growth rates when temperatures are warm, but their survival isn’t as good.”Scientists are meeting this week in Seattle to discuss the effects of The Blob which may have dissipatedShare this story:last_img read more

Premium / Market insight: Toll Global Express sale – ‘I heard the same’

first_img Please either REGISTER or login below to continue Subscription required for Premium stories In order to view the entire article please login with a valid subscription below or register an account and subscribe to Premium Reset Your Password New Premium subscriber REGISTER By Alessandro Pasetti 09/04/2021 Email* << Go back Premium subscriber LOGIN Forgotten your password? Please click here Getting out of bed slightly later than usual when deal talk is frantic, casually joined by the lyrics of “Let’s get it on” by Marvin Gaye, was quite appropriate for a Friday like few others where I had a choice of either the Singapore-powered “CMA CGM + Pacific International Lines base case” (still intact) or revisit the Toll story out of Melbourne and its latest, rumoured update.I went for the latter.C’mon, c’mon, c’monBorrowing a line or two from Marvin, I ... Reset LOGIN Email* Password* Please Loginlast_img read more

Trying to find adequate elder care is a bureaucratic and personal nightmare

first_imgI quickly learned that my research had vastly underestimated the complications of long-distance caregiving. Problems emerge often, whether you are readily available or not, and they tend to demand immediate attention. Nor had I fully comprehended the extent of the vigilance required to protect against insufficient, low-quality services, whether by home health agencies, nursing homes, assisted living facilities, or hospitals. First OpinionTrying to find adequate elder care is a bureaucratic and personal nightmare Related: Laura Katz Olson $75 for reminders to eat: Alzheimer’s patients face flurry of fees while waiting for specialized care Nursing homes fade even as baby boomers age @lauralee111 Sebastien Bozon/AFP/Getty Images I’ve been studying elder care for more than 40 years. My special interest is how social welfare policies affect long-term care. But what I have learned during my career didn’t fully prepare me when I was suddenly thrust into a grueling long-distance caregiving role for my mother, Dottie.Mom had been a healthy athlete her entire life. In her older years, she won medals in the Florida Senior Olympic Games for swimming, basketball, and even bicycle racing. After my mom retired, she managed to get by on her small Social Security pension but didn’t have much of a cushion in savings or other assets. She lived contentedly alone for decades in a public housing apartment.At age 83, my mom became steadily incapacitated by Parkinson’s disease and a gradual loss of vision. Finding care for her was a challenge, especially from 1,200 miles away.advertisement Related: My mother, who needed significant assistance, got the maximum of in-home care available under Florida’s Medicaid plan — 10 hours per week. She was entitled to roughly the same amount of help when she moved to Pennsylvania, where I live. Adult children, mostly daughters like me, are counted on to fill in the remaining huge gaps, with devastating effects on their financial, physical, and emotional well-being. Unlike what I learned through research, I now felt the full weight of these burdens.Despite my long familiarity with long-term care issues, I often felt helpless trying to surmount the countless and unwarranted hurdles that prevented my mother from acquiring vital services in a timely manner. The social welfare system is set up to be punitive and stingy — to discourage people from applying and keeping benefits, even when they are poor, aged, and disabled like Dottie. We had to prove over and over again that she was truly eligible for every single service she required.Through my academic work, I was familiar with the general failings of nursing homes. But it shook me to personally witness the negligent and appalling treatment that my mom received in two Florida facilities for post-acute care. Nothing could have prepared me for the indifference to her physical and cognitive needs, the unpalatable meals, the disdain for government regulations, and the generally slapdash approach to patient care. [email protected] About the Author Reprints I initially thought about finding ways for my mother to stay in her apartment. Like many others studying elder care, I assumed that the recent national movement away from placing people in nursing homes would, under the Medicaid program, offer clear-cut advantages for older people and their families. I was wrong. Not only are there long waiting lists for government-supported services in Florida (and most other states), but there isn’t sufficient help for those with low incomes and multiple chronic conditions.advertisement In 2012, a bad fall landed my mom in a nursing home for rehabilitation. The goal was for her to go home. However, the care in the facility was so negligent and the therapy so limited that she never regained her ability to walk and so couldn’t return to her apartment. She currently lives in a county nursing home near me, in Pennsylvania, where she is receiving relatively decent care. Mom, of course, needs an on-site advocate to protect her; I visit nearly every day.Overseeing my mother’s care inspired me to reexamine a question that I had wanted answers to in the 1970s: Why is there such a stark disconnect between the billions of dollars in government funding for the aged (via Medicare, Medicaid, the Older Americans Act, and other programs) and what older people actually receive? I’ve learned that the swelling budgets feed private financial interests, along with the medical industrial complex and service sector, at the expense of elderly individuals in need. Nursing homes, for instance, siphon off a considerable percentage of federal and state taxpayer money allocated for long-term care.My mother’s experience prompted me to examine the financial profiles of the commercial entities that had served her so poorly. As is the case for many nursing homes and home health agencies, they are owned by either private equity firms or multi-chain conglomerates trading on public exchanges. Despite their extensive dependence on federal funds from Medicare and Medicaid for revenue, I found it tricky to penetrate their inner workings or lay bare the dizzying layers of control and spread of earnings flowing among them. What became obvious is that their main goal — ever-increasing profits — is patently at odds with the essential requirements of their frail clients.Being thrown into caregiving taught me things that only on-the-ground experiences can convey. My elder care journey revealed the unreasonableness of our bureaucratic welfare system and exposed its stinginess and ongoing assaults on human dignity, things I never fully grasped in my academic work and, even more important, things that no older American or his or her family should ever be forced to live with.Laura Katz Olson is a professor of political science at Lehigh University. Her latest book, “Elder Care Journey: A View from the Front Lines,” was published in June by SUNY Press. By Laura Katz Olson July 27, 2016 Reprints Tags agingelder carenursing homeslast_img read more

Aiming to diversify science journalism, STAT creates fellowship named for reporter Sharon Begley

first_img [email protected] About the Author Reprints HealthAiming to diversify science journalism, STAT creates fellowship named for reporter Sharon Begley Sharon Begley, path-breaking science journalist who spun words into gold, dies at 64 Leave this field empty if you’re human: Begley joined Newsweek in 1977, the same decade that the venerated publication had been sued by female staff in a landmark gender discrimination case.Begley, then and throughout her career, largely let her work speak for itself, but her talent shone so brightly and so quickly that she rapidly became a star, despite the macho milieu of the place. Still, she knew what people who were made to feel like outsiders in newsrooms experienced.“She wanted to show other people how to do it,” Groth said.The field of science journalism — including STAT — is grappling with its own lack of diversity, reflecting the reckoning that is occurring widely in journalism, in the sciences, and beyond, touching every type of industry and institution. General Assignment Reporter Andrew covers a range of topics, from addiction to public health to genetics. Related: One Begley Fellow will be selected in the program’s first year and will start in September, while two will be picked for the second. The fellows’ salary will be $75,000, and MIT will offer health benefits. Applications for the first year will be accepted through June 30. Andrew Joseph Please enter a valid email address. Related: In a story about the reference genome’s reliance on people of European descent, she wrote that it “falls short in ways that have become embarrassing, misleading, and, in the worst cases, emblematic of the white European dominance of science — shortcomings that are threatening the dream of genetically based personalized medicine.”Officials at the KSJ program and Chan Zuckerberg Initiative both said they wanted to get involved with the new fellowship because they supported its mission of improving the diversity of the next generation of science journalists. But they also saw it as a way to pay tribute to Begley.“We’re grateful to be able to help her legacy live on in some of these areas where she was most passionate,” said Leah Duran, the initiative’s science communications manager.Ned Groth, Begley’s husband, said her role as a mentor was both a natural extension of who she was — “a generous person who would help anybody who would ask for it” — and a reflection of a desire to make things better for other reporters. Related: By Andrew Joseph June 1, 2021 Reprints When Begley joined STAT as it was being started, her renown immediately bestowed the fledgling publication with a certain credibility, and her coverage of genetics, cancer, and neuroscience helped build its reputation for rigorous, insightful, and entertaining biomedical stories.While Begley’s work was widely respected in the world of the sciences, inside newsrooms, she was just as cherished for her collegial spirit, wisdom, and lighting-quick, if quiet, wit. When colleagues would come to her with questions — a quite frequent occurrence — she would drop what she was doing and grant them her full attention, be it a top editor or an intern.Some of her most impactful work at STAT shone a light on disparities in biomedical research and the real-life impact those inequities were having. She highlighted how a lack of funding for sickle cell disease, a condition that disproportionately affects Black people, had set back the very realistic hopes for a cure, and how the health care system neglected the needs of people with the disease. Privacy Policy The need to diversify news staffs is not just seen as something that should be done in terms of opportunities and equity — but also because it will result in better journalism. Journalists of color have perspectives that many white journalists don’t in terms of health disparities and the historical legacy of and ongoing examples of medical and research institutions mistreating people of color. Such lived experience can inform their reporting, expand story ideas, and help build trust with readers from all racial and ethnic groups. As the Covid-19 pandemic has shown, race and ethnicity are inextricably linked to issues of science and medicine.“People from different communities and representing different backgrounds recognize undercovered stories, recognize areas that need to be explored, and seek ways to tell those stories in ways that are relevant and engaging,” said Deborah Blum, the director of the KSJ program at MIT and a veteran science journalist.Editors in niche or technical fields like science reporting have often blamed a dearth of qualified applicants of color for their newsrooms’ lack of diversity. But that perspective has ignored what newsrooms themselves can do to attract, develop, and retain journalists of color.Martin Reynolds, a co-executive director of the Maynard Institute for Journalism Education and former editor-in-chief of the Oakland Tribune, has called for newsrooms to build their own farm teams.“Instead of relying on an external pipeline, you are creating your internal pipeline,” he said.Several news organizations have started fellowships for early-career journalists of color as a way to create additional opportunities and help them get their feet in the door. But that’s also come with criticisms that if newsrooms really cared about diversifying their staffs, they would simply hire more people of color full time, not just for stints.Reynolds said news organizations should do all of the above: Fellowships are great, but they need to be accompanied by full-time hiring as well as efforts to create institutional cultures that will make journalists of color feel comfortable and supported — seeing their newsrooms as a place where they can build their careers. After all, some journalists of color who do get hired encounter new barriers after joining a staff, and leave.“There’s a real opportunity to create a culture where people from different backgrounds and ages can come together to support the next generation and help people do better and move up,” Reynolds said.Gil said the Begley fellowship would leave participants ready to advance in the field.“We fully hope and expect that the people who come into this program will at the end of it be prepared for careers as science journalists, either at STAT or at other organizations,” he said. “We’re not creating a program where at the end of it we say goodbye.” When a cardiologist flagged the lack of diversity at premier medical journals, the silence was telling We’ve known for 50 years what causes sickle cell disease. Where’s the cure? STAT on Tuesday opened applications for a new early-career science journalism fellowship named in memory of acclaimed reporter Sharon Begley, who was beloved by the legions of younger journalists she mentored in her four-decade career. The annual nine-month fellowship, offered jointly with MIT’s Knight Science Journalism program, aims to help improve the diversity of science journalism.Those selected for the Sharon Begley-STAT Science Reporting Fellowship will work as reporters out of STAT’s Boston headquarters, and will receive additional training through the KSJ program. The fellowship is designed for people who are in the first five years of their career and who are from racial and ethnic communities underrepresented in the field.The Chan Zuckerberg Initiative — whose science arm has the mission of curing, preventing, or managing all disease by the end of the century — has provided $225,000 for the program’s first two years, and STAT is seeking additional funding to sustain the program.advertisement Begley died in January at 64 from complications of lung cancer after a career reporting for Newsweek, the Wall Street Journal, Reuters, and — for the last five years — STAT.“Our hope for this fellowship is that it helps to bring people into science journalism whose voices have not been heard in great numbers in our profession,” said Gideon Gil, a managing editor at STAT, who was Begley’s editor. “Sharon really worked toward making this a more inclusive profession, in her own path as one of the early women in science journalism — she was a model for that — and as a mentor, and I think this pays tribute to her to carry on that work.”advertisement Newsletters Sign up for Daily Recap A roundup of STAT’s top stories of the day. Sharon Begley interviews gene therapy pioneer James Wilson at the STAT Summit in 2019. Emilie Pickering for STAT @DrewQJoseph Tags Bostonlast_img read more

Immokalee man accused of beating elderly man, attempting to steal bicycle

first_imgBuy a brick paver to be placed at new fire station in Ave Maria June 9, 2021 AdvertisementRecommended ArticlesBrie Larson Reportedly Replacing Robert Downey Jr. As The Face Of The MCURead more81 commentsGal Gadot Reportedly Being Recast As Wonder Woman For The FlashRead more29 comments Advertisement AdvertisementTags: Immokalee 200-acre brush fire sparks in Immokalee June 10, 2021 Advertisement AdvertisementDeputies located Metelius behind 305 South 3rd Street. The man positively identified Metelius as the man who tried to steal his bike and beat him. Deputies placed Metelius under arrest and booked him into the Immokalee Jail. He is facing charges for battery on a person 65 and older and for robbery by sudden snatching. He was still in custody as of Friday afternoon. Retired Immokalee teacher swims 12 miles around Key West while raising money for student’s tuition June 15, 2021 AdvertisementDC Young Fly knocks out heckler (video) – Rolling OutRead more6 comments’Mortal Kombat’ Exceeded Expectations Says WarnerMedia ExecutiveRead more2 commentsDo You Remember Bob’s Big Boy?Read more1 commentsKISS Front Man Paul Stanley Reveals This Is The End Of KISS As A Touring Band, For RealRead more1 comments RELATEDTOPICS IMMOKALEE, Fla. – When deputies arrived at 327 2nd Street in Immokalee on Thursday, they found an older man with blood coming out of his mouth and nose. The man told deputies he was walking home while pushing his two bikes when 37-year-old Emmanus Metelius snatched one of them, according to the Collier County Sheriff’s Office.The man tried to grab his bicycle back and told Metelius to let go, an arrest report states. Metelius allegedly began punching the man in the face several times. Even when the man fell on the ground, Metelius continued to punch him on the back of his head, neck and shoulder, according to the report. Metelius ran away when bystanders began screaming for him to stop. The man told deputies he had seen Metelius around before “acting irrational and threatening other people,” the report states. Immokalee youth program honors fallen FWC officer June 16, 2021last_img read more

Arrest likely after almost €10,000 of power tools discovered following robbery

first_img WhatsApp Ten Laois based players named on Leinster rugby U-18 girls squad By Steven Miller – 22nd June 2018 WhatsApp Home News Crime Arrest likely after almost €10,000 of power tools discovered following robbery NewsCrime RELATED ARTICLESMORE FROM AUTHOR Facebook Twitter Pinterest Community Pinterest Community Gardai in Portlaoise are investigating after almost €10,000 worth of industrial tools were stolen this week in Portlaoise – and recovered later in a different part of town.The Garda Detective unit in Portlaoise are carrying out investigations and envisage making an arrest after a commercial premises in the Ballymacken area, on the Stradbally Road out Portlaoise, was burgled on Tuesday of this week.€9,500 of industrial tools including drills, saws, spanners and rachets were stolen during the break-in.The items were subsequently recovered in the Lismard area of town on Wednesday.Meanwhile, a local sergeant has taken to the airwaves to urge peope to report crimes, not just share the story on Facebook.Laois/Offaly crime prevention officer Graham Kavanagh was speaking to Will Faulkner on Midlands 103, where he stressed the importance of ringing in suspicious activity.“We cannot encourage people enough – if you see people, or a vehicle passing through your area that you don’t like the look of, you ring it in.”Forget Facebook and ring“I see people sharing stuff on Facebook and they’re telling each other about it, that’s great, but you have to tell the guards about it too.”“We’re not sitting there on Facebook 24/7 to see what you’re posting. We need to know so that we get a chance to go out and stop them. It might deter them from doing something, or they might be wanted for something else. It gives us a chance to catch them.Sergeant Kavanagh stressed that the best way is to stop crimes is to simply pick the phone and ring the guards.Will then said that it can be frustrating if you do ring the guards and can’t get through. “I know that and I heard that for a long time when visiting groups,” replied sergeant Kavanagh. “Just be persistent and you will get through,” he said.SEE ALSO – Drowning fears over ‘Costa del Sod’ and pond in Portlaoise TAGSBallymackenLismardPortlaoise Charlie Flanagan on Electric Picnic: ‘I’d ask organisers to consult with community leaders’ Arrest likely after almost €10,000 of power tools discovered following robbery Twitter Facebook Five Laois monuments to receive almost €200,000 in government funding Rugby Previous articleDrowning concerns over ‘Costa Del Sod’ and pond near IDA officesNext articleDonoher gearing up for first final while Begley ends 13-year wait Steven Millerhttp://www.laoistoday.ieSteven Miller is owner and managing editor of LaoisToday.ie. From Laois, Steven studied Journalism in DCU and has 14 years experience in the media, almost 10 of those in an editorial role. Husband of Emily, father of William and Lillian, he’s happiest when he’s telling stories or kicking a point.last_img read more

Free Parent and Child First Aid Training in Rathdowney

first_img Facebook Facebook Here are all of Wednesday’s Laois GAA results Pinterest GAA RELATED ARTICLESMORE FROM AUTHOR By LaoisToday Reporter – 13th May 2019 Previous articleDeaths in Laois – Monday, May 13, 2019Next articleLaois camogie club members show off their perfect accessory for their Communion outfit LaoisToday Reporter Pinterest WhatsApp GAA TAGSClarke’s Care Plus PharmacyElaine ClarkeFirst AidRathdowney Home Sponsored Free Parent and Child First Aid Training in Rathdowney Sponsored Following on a successful first year in business Clarke’s CarePlus Pharmacy in Rathdowney is hosting Parent and Child First Aid training this Thursday, May 16.The event will take place in store, at Pound Street, Rathdowney from 7-9pm.The training is led by a member of the Irish Red Cross and covers topics such as burns, wound dressing, sprains while CPR is also demonstrated.Managing Pharmacist, Elaine Clarke, explains, “This is the second time we have facilitated this training after what proved to be a popular event last September.“The training is workshop based which allows those attending a chance to trial their new skills”As an added bonus, the evening is free to attend and open to adults of all ages. Practical tips will be given to help parents, grandparents or anyone assisting in the care of children.Elaine continues, “I will be in attendance on the night myself and if anyone has any queries or require more information, I’d be only too happy to help.”“This type of training is something no one ever regrets attending and can prove very useful.”Get in touch on 0505-48412 to register your interest or come along on the evening.Keep in touch on Facebook – Clarke’s CarePlus Pharmacy or on Instagram – clarkespharmacyrathdowney. SEE ALSO – In Pictures: Hundreds gather in Rathdowney for Darkness into Light Twitter WhatsApp Kelly and Farrell lead the way as St Joseph’s claim 2020 U-15 glory Free Parent and Child First Aid Training in Rathdowney Twitter GAA 2020 U-15 ‘B’ glory for Ballyroan-Abbey following six point win over Killeshinlast_img read more

TSX has room to run

first_img Thematic funds thrived during pandemic, but watch long-term performance: report Related news Facebook LinkedIn Twitter Data on international securities transactions shows that foreigners are ramping up purchases of Canadian equities, “which is helping boost the index,” the report says. The reasons for this renewed interest in Canadian equities, the report suggests, includes stronger oil prices, and the federal government’s move to supply further fiscal stimulus to boost economic growth. “Perhaps investors expect the TSX to catch up after the Canadian stock market lagged many major bourses last year,” the report adds. “Indeed, after last year’s collapse, Canadian equities look relatively cheap based on PE ratios,” it says. “If one excludes the depressed resources sector, the difference between U.S. forward PE’s and Canadian ones is high by historic standards. That suggests the TSX has room to run,” the report concludes. Photo copyright: vintom/123RF Canadian DB plans returned 9.2% in 2020: report James Langton Share this article and your comments with peers on social media The Canadian equity market has rebounded strongly this year and, based on valuation, there may be room for further gains, according to a report from National Bank of Canada published on Tuesday. The TSX composite index is outpacing the developed world’s stock markets with a 7.1% gain so far this year, the report notes. Even so, there is still room for further advances, it suggests. Keywords Investment research Do investors understand their fees, portfolios?last_img read more

Statistics Canada says annual pace of inflation climbs to 2.2%

first_imgThe increase in the pace of inflation compared with October came as energy prices in November posted their first year-over-year increase since April. Energy prices climbed 1.5% compared with a year ago compared with a decline of 2.9% in October.Gasoline prices were up 0.9% year-over-year compared with a drop 6.7% in October.Canadians also saw the price for meat rise 5.2% compared with a year ago, the fifth month of increases at or above 4.0%. The cost of fresh or frozen beef was up 6.2%, while ham and bacon prices rose 9.1%. Fresh or frozen pork was up 0.7%.Regionally, prices on a year-over-year basis rose more in November in every province except British Columbia.Excluding gasoline, the consumer price index was up 2.3% compared with a year ago, matching the increase in October.The overall increase in prices was driven by increased mortgage interest costs, passenger vehicles and auto insurance premiums. The increases were partly offset by lower prices for telephone services, Internet access and traveller accommodation.The average of Canada’s three measures for core inflation, which are considered better gauges of underlying price pressures, was 2.17% compared with a revised figure of 2.10% for October.The core readings are closely monitored by the Bank of Canada, which adjusts its key interest rate target to manage inflation.The central bank, which targets annual inflation of 2%, has kept its key interest rate on hold at 1.75% for more than a year. Canadian Press Share this article and your comments with peers on social media increasing stacked red cubes with percentage symbol and blue arrow showing upward direction andreypopov/123RF Federal Reserve foresees keeping key rate near zero through 2023 Annual pace of inflation leaps higher in March to 2.2%, StatsCan says The annual pace of inflation heated up in November as gasoline prices posted their first year-over-year increase since October 2018, Statistics Canada said Wednesday.The agency said the consumer price index rose 2.2% compared with a year ago to end a three-month streak where the annual pace of inflation had held steady at 1.9%. RBC CEO sees inflationary pressure building as economy bounces back Keywords InflationCompanies Statistics Canada Related news Facebook LinkedIn Twitterlast_img read more