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Hurdles, slumps and slowdowns: FP Video looks at the Canadian economy

Hurdles, slumps and slowdowns: FP Video looks at the Canadian economy

Yahooa day ago

This week FP Video takes a close look at the state of the economy, from interprovincial trade barriers, stagnant job growth with higher unemployment numbers among young Canadians, and how investors can brace for a likely unavoidable recession.
Marc Lee, senior economist at Canadian Centre for Policy Alternatives, talks with Financial Post's Larysa Harapyn about how politicians have vastly overstated the problem of interprovincial trade barriers and explains what they should be focusing on.
Brendon Bernard, senior economist at Indeed Canada, breaks down the May job numbers.
Ed Devlin, founder and chief executive of Devlin Capital, talks about how slow economic growth has made Canadian bonds an attractive investment option.
Unpacking the Bank of Canada's interest rate hold: FP video
Should Canada Post stop delivering letters? FP Video looks at what's ahead for the postal service and economy

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As G7 kicks off today in Kananaskis, here's how it's expected to impact the Calgary region
As G7 kicks off today in Kananaskis, here's how it's expected to impact the Calgary region

Yahoo

time6 minutes ago

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As G7 kicks off today in Kananaskis, here's how it's expected to impact the Calgary region

After months of preparation, the G7 summit kicks off today in Kananaskis, Alta., a three-day summit that will see the popular wilderness destination locked down and the surrounding region play host to global leaders, media, and support teams from around the world. A heightened police and military presence is now in place, with security officials calling the undertaking the "largest domestic security operation" a country can take on. World leaders, including Canadian Prime Minister Mark Carney, U.S. President Donald Trump and leaders from France, Germany, Italy, Japan and the United Kingdom, as well as the European Union, will attend the summit. Others have also been invited, including Ukraine's Volodymyr Zelenskyy and Indian Prime Minister Narendra Modi. Here's what you need to know about road closures, airport delays, protests and more as the G7 gets underway. The summit itself is running June 15 to 17 in the remote mountain setting of Kananaskis Village. A controlled access zone has been in effect since June 10, and will remain until June 18. In the Calgary region, expect a heightened police and military presence. Security for the summit is being headed up by an integrated group which includes the RCMP, the Calgary Police Service, Alberta sheriffs, Alberta conservation officers and the Canadian Armed Forces. Those in the Calgary region can expect to see more uniforms, more military vehicles, and more aircraft in the area than usual. There will be a "no drone zone" in Calgary and Kananaskis, and the RCMP has said that unauthorized drones or aircraft will be met by RCMP or Canadian Forces aircraft and could be shot down as a last resort. The establishment of the controlled access zone is also affecting multiple trails, trailheads, and day use areas, with some locations closing entirely and others remaining accessible only up to the zone's boundary. Locations such as Three Sisters Parkway, Mount Lougheed Viewpoint, Barrier Lake and Stoney Trail are open to that boundary, but areas including Rummel Pass Trail, Sparrowhawk Trail and the High Rockies Trail are fully closed. In anticipation of demonstrations, the RCMP and Calgary Police have established "designated demonstration zones," including in downtown Calgary. Another zone will be set up near the Calgary International Airport, at the Edward H. LaBorde Viewing Area. There will also be a designated protest zone in Banff, at the Fenlands Banff Recreation Centre. RCMP have said that these zones are intended to ensure minimal disruption to critical infrastructure, ensure safety of demonstrators, the public and law enforcement, while providing visible and accessible locations for peaceful assembly. Some protest groups have pushed back against the idea of "designated demonstration zones." Security officials have said people have the right to assemble outside demonstration zones, but police are encouraging people to gather in those zones for safety reasons. The Calgary Airport Authority has said it's ready to process an average of 67,000 travellers per day through the summer, thanks in part to the G7, Rotary International Convention, and the Calgary Stampede. During the summit, no stopping or parking is allowed around the airport perimeter from June 14 to 18. The airport tunnel will be closed from June 15 to 18. Unattended vehicles at curbside will face immediate enforcement, and drone use anywhere near the airport will see violators facing steep penalties. Some temporary closures or stoppages may also be in effect as delegates are moved out of or into the airport through rolling motorcades, the airport authority said. Those with a flight during the G7 are encouraged to give themselves at least 30 minutes more time than usual to arrive at the airport. During the summit, officials are encouraging residents to consider leaving the car at home in order to help reduce congestion, instead using public transit, cycling or carpooling. Alternative routes may be activated during the period of the summit to help manage traffic flow, the city says. There are likely to be minor traffic delays, especially when heading west toward the mountains. There will also likely be increased motorcade activity and rolling road closures, the city says, especially around the airport and in the downtown core.

Ford Motor Company (F): The Stock Was Held Back, Says Jim Cramer
Ford Motor Company (F): The Stock Was Held Back, Says Jim Cramer

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time10 minutes ago

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Ford Motor Company (F): The Stock Was Held Back, Says Jim Cramer

We recently published a list of . In this article, we are going to take a look at where Ford Motor Company (NYSE:F) stands against other stocks that Jim Cramer discusses. Ford Motor Company (NYSE:F) is a major American car manufacturer whose shares are up by a slight 9% year-to-date. Its scale and importance to the American economy means that the firm is a regular feature of Cramer's morning show and Mad Money. A year ago in May, Cramer remarked that Ford Motor Company (NYSE:F)'s primary problem, even in the US market, was competition from Chinese cars. He speculated that tariffs against Chinese vehicles could help the company. In 2025, the CNBC host has also wondered about the impact of tariffs on Ford Motor Company (NYSE:F)'s global supply chain and high warranty costs impacting its financial statements. This time around, he wondered if the stock was held back due to the tariffs and whether it could rebound in case of trade deals: 'Right well first if you wanna try to make money make off, you're a trader, it's General Motors, which had the most problems. . .four billion dollar shifts production from Mexico. So that's a clear ramp to 53 I think. Ford's got it too, they were the two that were held back.' Recently, Cramer also wondered if President Trump's decision to roll back electric vehicle infrastructure could hurt Ford Motor Company (NYSE:F). He shared: 'I'm just very concerned about Ford. . . I just think that they, like many companies, built a lot of infrastructure, that was around, electric vehicles. They are under pressure.' While we acknowledge the potential of F as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Father's Day 2025: Where to score free food and best deals
Father's Day 2025: Where to score free food and best deals

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time19 minutes ago

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Father's Day 2025: Where to score free food and best deals

Father's Day is not only a time to show our love and appreciation for the special men in our lives, but also a chance to take advantage of free food and other discounts. Many countries in the world, including the United States, the United Kingdom, and Canada, mark Father's Day on the third Sunday in June every year. The very first Father's Day in the U.S. was celebrated in the state of Washington on June 10, 1910, according to While Mother's Day was made a national holiday in 1914 by President Woodrow Wilson, Father's Day wasn't given the same title until 1972 by President Richard Nixon. If you're still on the hunt for a present for your father, or want to treat him to something special, here are the deals to take advantage of. The fast-casual restaurant chain is celebrating Father's Day by offering a BOGO deal on chicken wings. Customers who purchase any style of 10 wings on June 15 will receive an additional 10 boneless wings for free. Hooters is also offering its Hootclub Rewards members one appetizer for $5. From June 9 through June 16, Shake Shack is offering a buy-one-get-one deal on the Double Shackburger using the promotional code 'DADMODE' on the Shack App, online at or in-Shack kiosks. The fast-food restaurant will also be offering a buy-one, get-one-free premium sandwich when ordering through the Wendy's app. The burger restaurant will be giving customers a $10 Red Robin Bonus Buck reward with the purchase of a $50 Red Robin gift card. The donut chain introduced a Father's Day dozen on June 14 and June 15, which includes two new donuts called the Bow Tie & Suspenders donut and the Plaid donut. On Father's Day, the chain is offering 20 traditional wings and fries for only $19.99 when ordering online or through the Buffalo Wild Wings app. The coffee and donut chain is celebrating Father's Day by offering a buy-one-donut, get a free donut deal through June 15. The coffee chain's customers can redeem a buy-one, get-one drink offer when ordering through the Scooter's Coffee app on June 15. From June 12 through June 15, Seacret Society members can receive a Two Can Dine offer when ordering through the chain's app. With the offer, customers can get two meals for $14.99, where options include a 2-piece fish meal, an 8-piece shrimp meal, and a 3-piece chicken meal.

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