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Empty shelves, higher prices expected as B.C. floods disrupt supply chains

Empty shelves, higher prices expected as B.C. floods disrupt supply chains

CALGARY — Catastrophic flooding in British Columbia has crippled rail lines and washed out essential highways, making it likely that Canadian consumers will face higher prices and shortages of in-demand items in the months to come.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,653.02, down 64.14 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Down six cents, or 3.26 per cent, to $1.78 on 23.
S&P/TSX composite falls; materials sector helped by high October inflation

S&P/TSX composite falls; materials sector helped by high October inflation

TORONTO — A broad-based decline pushed Canada's main stock index lower midweek while a high inflation reading helped materials, with gold prices climbing to a five-month high.

Adele tops Swift in musician faceoff, nearly beats Oscars

NEW YORK (AP) — Adele attracted 10.3 million viewers to a busy Sunday night special where she debuted new music, facilitated a marriage proposal and dished with Oprah Winfrey about her divorce and workout routine.
Two of Canada's biggest grocers say inflation, supply chain issues impacting industry

Two of Canada's biggest grocers say inflation, supply chain issues impacting industry

As food manufacturers grapple with rising costs and supply chain issues, two of Canada's biggest grocers are signalling the potential for higher prices and the spotty availability of some products in the coming months. Loblaw Companies Ltd.

B.C. dairy farmers told to dump milk as flooding makes transport impossible

ABBOTSFORD, B.C. — Dairy farmers in flood-affected British Columbia are being asked to dump milk because mudslides and road washouts have made it impossible to transport The B.C.
B.C. pot sector bracing for delivery challenges and shortages after extreme weather

B.C. pot sector bracing for delivery challenges and shortages after extreme weather

B.C.'s cannabis industry is bracing for difficulties with getting products to distributors and stores after storms, massive floods and mudslides hit the province this week.
Cboe expanding Canadian footprint with purchase of NEO Exchange

Cboe expanding Canadian footprint with purchase of NEO Exchange

TORONTO — U.S. exchange operator Cboe Global Markets Inc. is expanding its Canadian footprint by buying Aequitas Innovations, Inc., more commonly known as NEO, for an undisclosed price.
Metro warns of food cost increases as food manufacturers pass along higher costs

Metro warns of food cost increases as food manufacturers pass along higher costs

Canada's grocery industry is facing rising inflation with more food cost increases expected to hit supermarkets in the coming months, the head of one of the country's largest grocery chains said Wednesday.

Here's a list of October inflation rates for Canadian provinces

OTTAWA — Canada's national annual inflation rate was 4.7 per cent in October, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: 4.5 per cent (4.4) — Prince Edward Island: 6.