Canadians Get Surprise Cash Boost as Grocery Costs Stay High
Canadians are still paying pandemic-era prices at the grocery store, and Ottawa is quietly acknowledging that reality. Ahead of Parliament’s return, Prime Minister Mark Carney announced a 25 per cent increase to the GST rebate, spread over the next five years, under a new program called the Canada Groceries and Essentials Benefit. The change begins […]
Trump’s Greenland Tariff Threat Signals a Bigger Power Play
U.S. President Donald Trump has opened a new front in global trade tensions, this time over Greenland. Trump says the U.S. will impose new tariffs on Denmark and seven other European nations unless a deal is reached to allow America to purchase the territory. The tariffs would begin at 10% and rise sharply to 25% […]
Canada Cuts a Trade Deal With China
Canada has struck a new tariff deal with China that signals a clear shift in how the country does business with the world. It could quietly affect household budgets, jobs, and prices in the months ahead. Prime Minister Mark Carney called the agreement “landmark,” but reactions across the country show it’s anything but simple. At […]
Canada Jobs Report: More Job Seekers, Slower Hiring
Canada closed out 2025 with a job market that looks steady on the surface but is quietly tightening underneath. New data from Statistics Canada show the unemployment rate rose to 6.8% in December, even though total employment barely moved. The key driver isn’t layoffs — it’s that more people are actively looking for work, while […]
The U.S. is pressing pause on immigrant visas — and Jamaicans are caught in it.
Starting January 21, the United States will freeze immigrant visa processing for 75 countries, including Jamaica, with no clear end date. This is not a backlog or a delay. It is an indefinite stop while U.S. authorities tighten screening rules around who they believe may become a financial burden on the system. At the center […]
Criminal Probe Targets the US Federal Reserve Chair Jerome Powell
Federal prosecutors have opened a criminal investigation involving Jerome Powell and the Federal Reserve, tied to a $2.5 billion renovation of the Fed’s Washington headquarters. On the surface, it sounds like a dispute over construction costs. In reality, markets see something much bigger: a direct challenge to the Fed’s independence. Powell says the investigation is […]
Barita–JN Fund Managers Deal Explained
Barita Investments Limited has agreed to acquire JN Fund Managers Limited from JN Financial Group Limited, a move that quietly reshapes Jamaica’s investment landscape and brings nearly J$30 billion in managed assets under Barita’s control. While the announcement may read like routine corporate news, it carries important implications for everyday Jamaicans who save, invest, or […]
President Maduro Appears in U.S. Court as Venezuela Gets New Acting Leader
Former Venezuelan president Nicolás Maduro appeared in a New York federal court after being captured by U.S. authorities, pleading not guilty to charges that include narco-terrorism, drug trafficking, and money laundering. While Maduro was escorted through Manhattan under heavy security, Venezuela moved quickly at home. Delcy Rodríguez, the country’s former vice president, was sworn in […]
US Takes Control of Venezuela After President Maduro’s Capture
The United States says it will temporarily take control of Venezuela following the capture of President Nicolás Maduro, who has been flown to New York and is expected to face drug and weapons charges in federal court. President Donald Trump says the U.S. will “run” the country during what he calls a “judicious transition,” with […]
Michael Lee-Chin Debt Pressure Puts NCBFG Shares in Focus
Jamaican-Canadian billionaire Michael Lee-Chin is facing a moment that markets rarely ignore: debt pressure at the top, uncertainty below, and investors watching closely. Lee-Chin is considering selling part or all of his controlling stake in NCB Financial Group Limited as he works to settle a US$94 million bond payment now due, with total bond obligations […]