Here are the CP Business Department's plans for today and the top business stories so far. All times Eastern unless otherwise stated. All ETAs and wordcounts approximate. Entries are subject to change as news develops.
If you have any questions, please contact Kate Hopwood at 416-507-2151 or kate.hopwood@thecanadianpress.com, or Jody White at jody.white@thecanadianpress.com. You can always reach the desk at business@thecanadianpress.com or 416-507-2138.
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COVERING:
We’ll have more on StatCan’s inflation numbers for December.
Chris Reynolds will have a story on how 5G rollout plans in the U.S. are affecting Canadian airlines.
Brett Bundale will have a story on how companies in the food industry are dealing with labour shortages and supply chain issues.
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TOP STORIES:
Annual inflation rate rises to 4.8% in December
StatCan-Inflation
Ottawa, Ontario, Canada -- Statistics Canada says the annual pace of inflation climbed in December to its highest rate since 1991. Words: 324, Photos: 1
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December inflation rates, by province
StatCan-Inflation-Provinces
Ottawa, Ontario, Canada -- Canada's national annual inflation rate was 4.8 per cent in December, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): Words: 97
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December inflation rates, by Canadian city
StatCan-Inflation-Cities
Ottawa, Ontario, Canada -- Canada's national annual inflation rate was 4.8 per cent in December, Statistics Canada says. The agency also released rates for major cities, but cautioned that figures may have fluctuated widely because they are based on small statistical samples (previous month in brackets): Words: 160
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Major airlines cancel, change flights to US over 5G dispute
5G-Airlines
Major international airlines have canceled flights heading to the U.S. or changed the planes they’re using. The moves Wednesday represented the latest complication in a dispute over concerns that 5G mobile phone service could interfere with aircraft technology. Some airlines said they were warned that the Boeing 777 was particularly affected. It was not clear how disruptive the cancellations would be.
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CALENDAR:
Statistics Canada to release its consumer price index for December and wholesale trade figures for November.
CP BUSINESS
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