The April uptick in yr/yr CPI was mostly due, StatsCan reported, to higher rents & mortgage debt charges. Both of those are direct effects of *higher* interest rates. Mortgage debt (3% of the CPI bundle) is skyrocketing. Rents are a bigger weight (6.57%), also growing fast. /3

So the Bank of Canada is effectively saying: “Inflation got worse last month (because of higher interest rates), so we’re going to increase interest rates again.” Pretty scary when life starts to imitate the Beaverton: x.com/TheBeaverton/s… #cdnecon

I will just say my new paper, the Winnipeg Free Press, Winnipeg Free Press, runs on all cylinders, absolutely all the time. I am awed.

Looks like we have a replacement for The Gadfly (may he rest in peace winnipegfreepress.com/breakingnews/2…) @elmwoodguy lacks the pedigree but his analysis is equal dearwinnipeg.com/2023/06/26/rec…

We ‘Bing’ed it. There’s Canadian news and news search results on Bing. And it’s Chat tool kicks butt. #C18

"When people don't trust law enforcement, they stop cooperating and resolve disputes in other ways. Instead of fighting to retain officers who feel threatened by accountability ... cities might consider just letting them leave." nytimes.com/2023/07/02/opi…

Here’s an odd thought: with Google and Facebook making editorial decisions about what content they will let users access …. That makes them publishers, and not just pipelines. So, are they legal liable for the other things they do publish?

Day one Winnipeg Folk Fest, photos for Winnipeg Free Press

“Toronto police officers scouring a gigantic city dump for months… the largest of its kind in the history of Toronto, involving hundreds of officers and multiple units, with some officers putting in volunteer hours.”

Save $$, turn off your printer's auto update: Printer ink is a scam. Here’s how to spend less. washingtonpost.com/technology/202…

I'll speak with Tom Harrington on World At Six tonite regarding the 10th rate hike from the Bank of Canada. Progress so far reducing inflation (from 8.1% to 3.4%) was all about energy prices, not interest rates. And now rate hikes, via housing, are adding to inflation. #cdnecon /2

Actually Jeff Keele that's a 1.6 percentage bump & a 20 per cent increase :) ghttps://winnipeg.ctvnews.ca/winnipeg-city-council-and-police-union-agree-to-new-contract-1.6478326

Here's an excellent overview by Peter Armstrong of the problems with relying on just one tool (interest rates) to try to bring down inflation, instead of a multi-faceted approach. When all you have is a hammer, everything starts to look like a nail! #cdnecon cbc.ca/news/business/…

Lots has been said in the news recently in Wpg about the increase of youth involved in violent crime (including a recent Winnipeg Free Press article). Worth noting that the rate of youth charged in MB (and Cnd) is about half what is was 20 yrs ago (source: fresh crime stats today) 1/

Holly Doan Maxime Bertrand CBC Manitoba Glen Murray Pretty obvious that you either didn’t read the ruling or have an ulterior motive in presenting this finding in that light. Reading the ruling makes it crystal clear that Mr. Kives was correct in all the important areas, with a relatively minor exception in the closing.

The Texas Tribune’s first-ever layoffs worry the news industry | Nieman Journalism Lab niemanlab.org/2023/08/the-te…

This is BRILLIANT! Super worth the watch and sharing. I used to love to travel by air, but the last 10 years I've come to seriously hate it, for the reasons outlined in this video. Mr. Reich is spot on!

Editor-in-chief Gillian Brown writes on the importance of the local newspapers our communities depend on to make informed decisions as Canada is faced with an increasingly monopolistic media landscape. themanitoban.com/2023/09/commun…

hughstephensblog.net/2023/09/11/can…

It's not all doom n gloom for newspapers cbc.ca/news/canada/lo…