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Hilton CEO: 'We need additional stimulus to the economy, period' – Yahoo Canada Finance

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CBC

Vancouver crime rate steady in 2020 compared to 2019, according to new stats from VPD

Vancouver’s crime levels for 2020 are similar to 2019, according to a new report from the Vancouver Police Department. Comparing the same time period, from January to September, there were 4,396 reported crimes in 2020 versus 4,397 incidents in 2019.The VPD says certain types of crime have increased — for example, serious assaults have increased by 14 per cent over the previous year — and others, like robberies, have decreased by six per cent. Crime rose in these categories compared to 2019 according to the VPD report:   * The number of homicides are higher this year: 14 in 2020 versus nine in 2019. * Serious assaults, which includes assault with a weapon, assault causing bodily harm and aggravated assault, are up by 14 per cent. * Intimate partner violence is 4.6 per cent higher than 2019. * Anti-Asian hate crime incidents increased by 138 per cent. * Break-and-enters to businesses increased by 18 per cent. * Arson incidents increased by 39 per cent. * Assaults against police officers have gone up 47 per cent.Crime fell in these categories compared to 2019:   * Robberies are down six per cent. * Property crime decreased by 20 per cent. * Theft from vehicles has decreased by 37 per cent. * Theft, like shoplifting, decreased by 26.6 per cent. * Sexual offences reported to police have decreased by 5 per cent.Const. Tania Visintin with the Vancouver Police says some of the numbers can be explained by the pandemic shutdown including a decrease in shoplifting and the increase in business break-and-enters because many businesses were closed earlier this year. There was also data collected in specific neighbourhoods. The report found that in the three-block radius around Strathcona Park, calls to police for street disorder increased by 51 per cent. They increased by nine per cent in Chinatown and Yaletown.”There have been a group of very vocal Yaletown residents that have spoken to the city, especially about what’s been going on … so we hear these concerns. And as the police, we can definitely try to target these suspects,” Visintin said. She noted that police were able to arrest four people in connection with a series of mail thefts, break-and-enters and frauds in the downtown core this week.”We have these stats now and now we can continue with more projects and more reallocating of resources,” she said.

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Economy

S&P/TSX composite gains almost 100 points, U.S. stock markets also higher

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September 13, 2024

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TORONTO – Strength in the base metal and technology sectors helped Canada’s main stock index gain almost 100 points on Friday, while U.S. stock markets also climbed higher.

The S&P/TSX composite index closed up 93.51 points at 23,568.65.

In New York, the Dow Jones industrial average was up 297.01 points at 41,393.78. The S&P 500 index was up 30.26 points at 5,626.02, while the Nasdaq composite was up 114.30 points at 17,683.98.

The Canadian dollar traded for 73.61 cents US compared with 73.58 cents US on Thursday.

The October crude oil contract was down 32 cents at US$68.65 per barrel and the October natural gas contract was down five cents at US$2.31 per mmBTU.

The December gold contract was up US$30.10 at US$2,610.70 an ounce and the December copper contract was up four cents US$4.24 a pound.

This report by The Canadian Press was first published Sept. 13, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

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Statistics Canada reports wholesale sales higher in July

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September 13, 2024

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OTTAWA – Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, rose 0.4 per cent to $82.7 billion in July.

The increase came as sales in the miscellaneous subsector gained three per cent to reach $10.5 billion in July, helped by strength in the agriculture supplies industry group, which rose 9.2 per cent.

The food, beverage and tobacco subsector added 1.7 per cent to total $15 billion in July.

The personal and household goods subsector fell 2.5 per cent to $12.1 billion.

In volume terms, overall wholesale sales rose 0.5 per cent in July.

Statistics Canada started including oilseed and grain as well as the petroleum and petroleum products subsector as part of wholesale trade last year, but is excluding the data from monthly analysis until there is enough historical data.

This report by The Canadian Press was first published Sept. 13, 2024.

The Canadian Press. All rights reserved.

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S&P/TSX composite up more than 150 points, U.S. stock markets mixed

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3 days ago

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September 12, 2024

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TORONTO – Canada’s main stock index was up more than 150 points in late-morning trading, helped by strength in the base metal and energy sectors, while U.S. stock markets were mixed.

The S&P/TSX composite index was up 172.18 points at 23,383.35.

In New York, the Dow Jones industrial average was down 34.99 points at 40,826.72. The S&P 500 index was up 10.56 points at 5,564.69, while the Nasdaq composite was up 74.84 points at 17,470.37.

The Canadian dollar traded for 73.55 cents US compared with 73.59 cents US on Wednesday.

The October crude oil contract was up $2.00 at US$69.31 per barrel and the October natural gas contract was up five cents at US$2.32 per mmBTU.

The December gold contract was up US$40.00 at US$2,582.40 an ounce and the December copper contract was up six cents at US$4.20 a pound.

This report by The Canadian Press was first published Sept. 12, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

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