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VOL 23 - ISSUE 44
www.theasianstar.com SATURDAY, DECEMBER 7, 2024
Food prices could jump by up to 5% in 2025, and researchers say loonie is partly to blame An annual report on food prices in Canada is predicting more pressure on grocery costs in the coming year — but it also notes that some prices in 2024 were lower than predicted.
The Food Price Report, released Thursday, is forecasting that Canadians will see the biggest price jumps next year in meat and vegetables, along with a jump in the cost to eat at restaurants. Food prices overall are estimated to increase by three to five per cent compared to 2024 — higher than the Bank of Canada's inflation target of between one and three per cent. That means a family of four would pay about $800 more for food in 2025 — roughly $66 extra a month — if food inflation hits the highest point the academics predict. Continued on Page 10...
Federal auditor says COVID loan program for small business lacked control over spending The federal government's pandemic-era loan program for small businesses suffered from contracting problems due to a lack of oversight, Canada's auditor general says. The Canada Emergency Business Account (CEBA) was introduced at the height of the pandemic to help out small businesses forced to close or limit their operations due to public health measures. The program offered interest-free loans backed
by the federal government. A portion of the loan would be forgiven if it was repaid by a certain deadline. A report from Canada's auditor general, released Monday, says the program was able to quickly provide loans to struggling businesses and the vast majority of the funds went to eligible businesses. But the audit found "significant weakness" in the program's management of contracts. Continued on Page 10...
Mayor wants BC's South Asian Heritages Museum built in Surrey Mayor Brenda Locke is pushing to have Surrey be the home of B.C.'s planned Canadians of South Asian Heritages Museum, or Cultural Centre. Plans for the facility date back to the B.C. election campaign of October 2020, when the BC NDP promised to build a museum in Surrey devoted to B.C.’s South Asian history. Monday (Dec. 2) at a meeting of Surrey City Council, Locke moved a unanimously-approved motion urging the B.C. government to build the museum here, possibly in Newton, home to many people of South Asian descent and a large annual Vaisakhi Parade. Continued on Page 7...
India's 'blockbuster' drugs to take on deadly superbugs
Antibiotics are hailed as medical saviours. But they are increasingly facing a crafty adversary: bacteria that mutate and adapt and outwit the very drugs designed to defeat them and cure the infections they cause. Continued on Page 7...
Actress Nargis Fakhri's sister Aliya Fakhri arrested for murdering ex-boyfriend in USA According to multiple latest reports, Aliya Fakhri, sister of actress Nargis Fakhri, was arrested for allegedly murdering her ex-boyfriend and his friend in Queens, New York by setting a
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two-story garage on fire. The court has remanded her, and her next appearance is scheduled for 9 December. Aliya has been indicted on murder charges in connection with a fatal fire at her exboyfriend’s home in New York City, United States. Prosecutors allege that Aliya Fakhri, 43, intentionally set fire to the detached garage of a home in the borough of Queens, killing her ex-boyfriend, Edward Jacobs, 35, and his friend, Anastasia Ettienne, 33. According to prosecutors, Aliya Fakhri resorted to arson after Jacobs rejected her attempts to reconcile their relationship. Continued on Page 7...
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