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The fight to tame inflation has only just begun

Inflation is decelerating quickly. It peaked at 8.1 per cent last summer. It fell to 5.9 per cent in January, and the Bank of Canada predicts it will fall to three per cent by the end of this year.

But economists say that’s the easy part.

The Bank of Canada has repeatedly said it’s committed to getting price growth all the way down to two per cent. One of the bank’s deputy governors delivered a speech in Calgary on Feb. 16 titled No Two Ways About it: Why the Bank is Committed to Getting Back to 2%.

“If inflation stays

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Here’s what to know about Hartman’s Bakery reopening, and other Manitowoc business news

A North 11th St. view of Hartman's Bakery, LLC as seen, Wednesday, August 24, 2022, in Manitowoc, Wis.

A North 11th St. view of Hartman’s Bakery, LLC as seen, Wednesday, August 24, 2022, in Manitowoc, Wis.

MANITOWOC – Can’t you almost smell the deliciousness of bread-baking and cake-making wafting from North 11th Street in Manitowoc?

After months of waiting, the iconic Hartman’s Bakery will reopen on March 10.

Perhaps you want to get in line now for what is sure to be a crazy weekend for the bakery, closed after a kitchen fire.

But read Streetwise before you head out the door, of course! Here’s the latest business news from around Manitowoc County.

The long-awaited reopening of Hartman’s

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Carbon Intensive Industries Call for Financing to Support Decarbonization

  • Abu Dhabi Sustainability Week and Masdar-produced report finds decarbonization budgets are a significant source of concern, with less than a third of executives believing their funds are adequate
  • 60 percent of organizations taking steps to reduce emissions but have not yet set net-zero targets, with reliable financing the main barrier to accelerating commitments
  • Half of industry executives now believe net zero is more feasible than previously but calls on governments to boost support

ABU DHABIUAE, Feb. 28, 2023 /PRNewswire/ — Executives from ‘hard-to-abate’ industries have called for increased financing to support decarbonization efforts, following the release of a

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A large number of small businesses remain pessimistic and in a precarious financial position in February

Toronto, February 23, 2023 — Small business confidence remained steady in February, with a half point increase to 51.7 on the long-term optimism index, but still at its historical lowest outside of recessions, according to the latest Canadian Federation of Independent Business (CFIB) Business Barometer®.

“While confidence levels have improved slightly, they’re still below pre-pandemic levels. In fact, even during the pandemic, we’ve seen better times,” said CFIB Chief Economist and Vice-President of Research Simon Gaudreault. “The confidence levels didn’t get worse this month but didn’t improve significantly either, suggesting a slow recovery and uncertainty around the economy. Many businesses

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Desjardins Group shuts down FairSquare Realty, blames slow housing market

FairSquare Group Realty, which was previously called Purplebricks, cited the slowdown in the housing market for its shuttering.Fred Lum/The Globe and Mail

Desjardins Group is shuttering its real estate brokerage FairSquare Group Realty in a surprising reversal for the Quebec financial services firm, which had bought the business in the first year of the pandemic when the country’s real estate market was booming.

FairSquare, which was previously called Purplebricks, cited the slowdown in the housing market for the move, and said on its website that it was “no longer accepting new businesses.” The website showed that FairSquare was registered

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Unique Logistics Announces Acquisition Closing of Operating Subsidiaries and Affiliates of Former Parent Company

Published: Feb. 27, 2023 at 7:30 AM CST|Updated: 2 hours ago

,

/PRNewswire/ —

Unique Logistics International, Inc. (OTC Markets: UNQL) (“UNQL” or the “Company”),

a rapidly growing global logistics and freight forwarding company, announced the closing of the

th

2022 announced a stock purchase agreement (the “Purchase Agreement”) to acquire from Unique Logistics Holdings Limited, a

corporation and from Frangipani Trade Services, Inc., a

corporations (collectively, the “Seller”)

Seller’s share capital in ten (10) of Seller’s subsidiaries and affiliates, including eight (8) directly held and two subsidiaries held by those companies (collectively the “Acquired Companies”).

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Writing like a boss with ChatGPT and how to get better at spotting phishing scams

It’s never been easier to write a convincing message that can trick you into handing over your money or personal data

ChatGPT has been taking the world by storm, having reached 100 million users only two months after launching. However, media stories about the tool’s uncanny ability to write human-sounding text mask a potentially darker reality.

In the wrong hands, the powerful chatbot (now also built into the Bing search engine) and technologies like it could be misused by scammers and so ultimately help “democratize” cybercrime to the masses. By delivering a fairly low-cost, automated way to create mass scam

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2023 Summer Company Program applications open until May 31

Summer CompanyKawartha Lakes – Kawartha Lakes is now accepting applications for the 2023 Summer Company program.

This program offers an opportunity for students to start and manage their own businesses. Successful applicants will receive a grant of up to $3,000, as well as invaluable training and mentorship from local business leaders.

Small businesses are very important to our regional economy and the Summer Company program supports students in becoming their own bosses, helping them get their business ideas off the ground while offering guidance and advice along the way. “We’ve seen a number of impressive start-ups through the program over the

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