Economy

Tim Hortons: From Hockey Player to Coffee Empire

Tim Hortons Brampton locations Tim Hortons Brampton locations Tim Hortons is a Canadian restaurant chain known for its coffee, doughnuts and connection to Canada’s national identity. Its namesake, Toronto Maple Leafs defenceman Tim Horton (1930–74), founded the business with Montréal businessman Jim Charade. The first Tim Hortons doughnut franchise opened in Hamilton, Ontario, in April 1964. Since then, Tim Hortons has become Canada’s largest restaurant chain, operating 3,665 stores across the country as of 2016. In 1995, American fast-food chain Wendy’s bought Tim Hortons in a partnership that lasted until 2006. In 2014, the chain was again purchased by a foreign company, this time by Brazilian firm 3G Capital, known for its ownership of Burger King. Despite foreign ownership, Tim Hortons remains a Canadian cultural phenomenon. Timanjim Ltd.: 1963–64 In the spring of 1963, Toronto Maple Leafs defenceman Tim Horton met businessman Jim Charade. Charade had left his job as manager of a Scarborough , ​Ontario, doughnut plant to open a store called Your Do-nut in a strip mall at Lawrence and Warden avenues. The store was two doors from the barber shop where Horton got his signature brush cut. Horton had a long-standing interest in getting into the restaurant business. Professional  ​hockey players then worked about eight months a year (if they made the playoffs), and pay was such that they usually pursued an off-ice career, with retirement from the game in mind. In 1963, Charade and Horton formed the company Timanjim Ltd. They opened four restaurants, called Tim Horton Drive-In, in greater Toronto and Port Credit, serving burgers and chicken. In a separate deal, Charade licensed Horton’s name to turn Your Do-nut (which briefly was Royal Do-nut) into Tim Horton Do-Nut, the first doughnut store to bear Tim Horton’s name. The burger and chicken drive-ins struggled, and Charade decided the future was in doughnuts and restaurant franchising. Rather than own the restaurants himself, he would sell franchise rights to owner-operators, who would buy their equipment and supplies from the franchising company, follow its menu and operating standards, and pay the company a share of their revenues. Intimidated by competition in Toronto, Charade set up the first Tim Horton doughnut franchise on Ottawa Street North in the industrial east end of Hamilton, Ontario. Opened in April 1964, the outlet remains in operation today, and is recognized by Tim Hortons as its first official franchise restaurant. At the time, Tim Horton was still only licensing his name and had no equity in the operation.   (courtesy Tim Hortons) The third franchisee at the troubled Hamilton franchise was a Hamilton police officer named Ron Joyce, who lived nearby. Joyce had been running a Dairy Queen on the side and was looking to expand his restaurant interests. When Dairy Queen wouldn’t approve his plan to open another outlet in nearby Bronte, he gambled on becoming the next franchisee for the doughnut shop, in February 1965. More turbulence followed. Joyce and Charade sparred, and for a time, Joyce left the business completely. Joyce would recall driving to Peterborough, Ontario, to meet Horton while the Maple Leafs were at training camp for the 1966–67 season. Horton wanted him back, but Joyce would only agree to return if he was made an equal partner of Horton in the franchising company. Charade had departed, and his former half of Tim Donut was now owned by Horton’s wife, Lori. Horton agreed to Joyce’s condition, and Joyce bought Lori’s half for $12,000 to become Tim’s new partner in Tim Donut in December 1966. Charade (who died in 2009) moved on to work with other franchising operations, but he and Horton remained friends, despite the controversies. In 1970, he returned to work on franchising for Horton and Joyce for about nine months, and again in the mid-1990s for Joyce. Balancing Hockey and Business: 1967–74 Horton and Joyce slowly expanded the franchise chain, and by 1967 had three outlets in Hamilton and one in Waterloo. Joyce had left policing to devote himself to their restaurant business. Although Horton was still playing professional hockey, he was far more than a name on the restaurant sign. Horton was particularly involved in the ​real estate side, scouting and choosing locations, but he was interested in all aspects of the restaurant business, and even helped to build at least one of the early outlets in Hamilton, in Westdale. While many NHL players struggled to establish a life outside of hockey, Horton was in the rare position of having a growing business waiting for him. Ironically, Horton could not bring himself to leave a game that teammates were forced to abandon because of declining skills and injury. As Horton aged, he could still play at a high level as a “stay at home” rather than a rushing defenceman and could also serve as a mentor to younger players. His experience was especially valued as the NHL began expanding and a rival league appeared, the World Hockey Association. Player salaries rapidly grew as a result. Horton, who had been paid a $12,000 salary as a Maple Leaf in 1960–61, was soon making over 12 times that amount as his career took him to the Pittsburgh Penguins, the New York Rangers, and finally the Buffalo Sabres — a 1970 NHL expansion team managed by his old manager/coach in Toronto, Punch Imlach. Every summer, Horton would routinely announce that he was not returning to play, but he could never say no to the money when the fledgling restaurant business needed cash. He arranged for his NHL salary to be paid to the company, with half the money going to Joyce as salary so that his partner would run the business while he continued to play. Tim Horton Dies: 21 February 1974 For the 1973–74 season, Imlach lured Horton back to the Buffalo Sabres with a $150,000 salary and a sportscar, a De Tomaso Pantera, as a signing bonus. Horton was driving himself back to Buffalo after a game against the Maple Leafs when he lost control of the car in a

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Canadian Armed Forces to phase out old housing benefit over three years

The facade of the headquarters of the Department of National Defence is pictured in Ottawa, on April 3, 2013. THE CANADIAN PRESS/Adrian Wyld Best CCTV Security Camera in Brampton OTTAWA – Canada’s military has created a new program to gradually phase out its old housing benefit after hearing feedback from members who were set to lose the payments. The Armed Forces announced plans in March to create a new housing allowance that is based on salary, rather than where a soldier is posted. It was estimated the move would make thousands of people eligible for the new allowance while cutting off thousands of others. The military said that would result in a savings of $30 million a year. In an update to members, the director general of compensation and benefits says an interim program will phase out the old benefit with decreasing payments until July 2026. Brig.-Gen. Virginia Tattersall says eligible members will be enrolled automatically and should get a lump-sum payment to cover the summer months sometime in the fall. The Canadian Armed Forces is rolling out a new housing benefit that a senior commander says will better help troops struggling to find affordable accommodations while saving millions of dollars every year. The Canadian Forces Housing Differential will supplement the incomes of members who have to live and work in areas of the country with high rental costs. That includes Canadian Forces Base Comox on Vancouver Island, where some members were recently told they could contact Habitat for Humanity if they were having trouble finding a place to live. The benefit is set to come into effect on July 1 and will replace an existing allowance called the post living differential, or PLD, that sought to offset the cost of living and working in particularly expensive communities. Unlike that allowance, whose rates have been frozen since 2009, the new housing benefit will be tied to salary to help those who need it most, said Brig.-Gen. Virginia Tattersall, the military’s director general of compensation and benefits. The result is that thousands of members who don’t currently qualify for the PLD allowance will start to receive the housing benefit, while thousands of others will see their PLD cash cut off — at a net savings of about $30 million per year. “This benefit is about us being equitable,” Tattersall said in an interview. “It is truly trying to look after those who need it the most. So hence why it is more the junior ranks that will benefit from this than it is the senior ranks.” She added the aim is to ensure no member is forced to spend more than between 25 per cent and 35 per cent of their monthly salary on rent. An outside company has been hired to assess average rental prices near bases. Online forums catering to military personnel are rife with stories and complaints from Armed Forces members about the lack of affordable housing near military bases where they are required to work. The problem is exacerbated by the cyclical nature of military postings, as troops are routinely forced to relocate from one part of the country to another due to operational demands and career progression. Younger and more junior members face an especially hard time in certain communities such as Comox, Victoria and Halifax, where housing is extremely limited or expensive. There is also a critical shortage of housing on bases, with thousands of military members and their families currently on wait-lists while promises to build new accommodations largely stuck in neutral. To ease the problem, the local base commander at CFB Esquimalt near Victoria has started letting new sailors live in their training quarters for months after their initial training is finished. The focus on housing rather than overall cost-of-living reflects the main cost disparity of living in different parts of the country, Tattersall said, unlike in the past when cost variances were far greater. “Cost of living per se is relatively equal across the country, the one thing that does stand out is that cost of housing, or that affordability of housing,” she said. “And so that’s why we’ve focused the benefit in on that issue, because that more seems to be the real challenge for our members.” Tying the new housing benefit to salary will ensure those who are really struggling get the help they need while cutting down on spending, she added. Armed Forces members living in military housing will also not qualify. The new housing benefit will cost about $150 million per year, compared to $180 million for the PLD allowance. “And so part of finding that sweet spot in terms of something that looked after members was also ensuring that we brought ourselves back within the envelope of funding that had been authorized,” she said. The military estimates that about 28,000 Armed Forces members will qualify for the new housing benefit, which represents about 6,300 more than currently receive the PLD. However, about 7,700 members who have been receiving the existing allowance will be cut off. While the military says most of those already live in military housing or have higher salaries, the move is likely to spark complaints. Best CCTV Camera in Brampton The Royal Canadian Navy’s Arctic and Offshore Patrol Ship HMCS Harry DeWolf docks in Victoria after arriving from Vancouver on Sunday, Oct. 3, 2021. THE CANADIAN PRESS/Darryl Dyck Home CCTV Camera in Brampton Canadian taxpayers will foot the bill for repairs to the engines on at least two of the Royal Canadian Navy’s brand-new Arctic patrol vessels because the one-year warranty on those vessels has expired. Defence Department deputy minister Bill Matthews delivered the news during an appearance before the House of Commons public accounts committee on Monday, shortly before the department reported the repairs will end up taking longer than expected. “The warranty on the AOPS (Arctic offshore patrol ships) is one year after in-service,” Matthews said. “You have two vessels that have exceeded that one-year point. So reading the warranty purely, that

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What is the economic cost of wildfire smoke?

Best CCTV Security Camera in Brampton Air quality in Windsor, Ont., was among the worst in the world in late June, as wildfires raged in northeastern Canada and Quebec. Here, the Detroit skyline is barely visible through smoke and haze on June 29. (Dax Melmer/CBC) Best CCTV Camera in Brampton When tallying the economic toll of climate change, flooding tops the list in Canada. But the wildfire smoke that has blanketed many parts of North America this summer also comes with a financial cost. Wildfires release fine particulate matter known as PM2.5, which is made up of tiny particles 2.5 microns in diameter or less (that’s roughly 30 times smaller than the diameter of a human hair). Those particles can enter the lungs and bloodstream and are particularly harmful for those with pre-existing conditions. At the height of the haze in June, baseball games and Broadway shows were cancelled, schools closed and flights postponed. A growing body of research is trying to put a dollar figure on the larger economic fallout. A forthcoming paper in the Review of Economics and Statistics estimates that between 2007 and 2019, U.S. earnings were reduced by an average of $125 billion a year because of wildfires.  “Air quality matters for more than just health outcomes,” David Molitor, the study’s co-author and an associate professor of finance and economics at the University of Illinois, said in an interview. “It shows up in the statistics for economic productivity.” The researchers found smoke exposure can decrease income across a range of sectors, from manufacturing to farming to real estate, and that older workers and people of colour were disproportionately affected. The paper drew on satellite imagery of wildfire smoke, air quality records and labour market data in the U.S. “One of the things that really surprised me about wildfire smoke is that in the United States, the geography of wildfire smoke is very different from the geography of fires,” said Molitor. “It turns out that the Midwest U.S. experiences, on average, some of the highest number of days of smoke per year. We don’t have a lot of fires there, but just a lot of smoke.” Another study, published last month in the journal Science of the Total Environment, concluded smoke particulates from wildfires could ultimately lead to between 4,000 and 9,000 premature deaths in the U.S. and cost a staggering $36 billion to $82 billion a year in health care. Shuai Pan, the lead author, had previously looked at the effects of pollution from the transportation sector, but became interested in the consequences of wildfire smoke while doing his doctoral work in the U.S.  Epidemiological research suggests exposure to wildfire smoke is associated with increased mortality and certain common respiratory diseases, Pan said.  “It’s not news that wildfire causes air pollution that has an impact on human health, but we really wanted to provide some numbers,” said Pan, a postdoctoral researcher at Nanjing University of Information Science and Technology in China. For the study, Pan and his fellow researchers used satellite wildfire emission and air quality data gathered from 2012 to 2014 to create a model estimating how smoke from wildfires could impact human health and economies. For instance, Los Angeles — downwind from many of the fires in the western U.S. — may see 119 premature deaths annually, and $1.07 billion in financial burden, the study said. Those numbers would be far higher if the research had drawn on this summer’s smoky air, Pan said.  In the midst of Canada’s record wildfire season this year, Dave Sawyer, an environmental economist at the Climate Institute of Canada, tried to calculate the health cost of smoke in this country.  He figured that during a particularly smoky stretch from June 4 to 8, the estimated price tag of smoke-related health care alone was $1.28 billion. Sawyer said the economic toll of wildfire smoke is yet another reason to act on climate change.  In the meantime, Molitor said more research is needed on the most effective ways to reduce harmful exposure. “I think that’s where behavioural adjustments and adaptations have the potential to play a big role,” he said. “Putting air filtration in your home … or in offices or in public schools may go a long way to helping to reduce the effects.” Let me tell you an interesting story “My spouse and I were discussing our next vehicle. I suggested that by the time we need one, there will be (hopefully) more infrastructure for electric vehicles and buying an electric car would be a smart, and responsible, move. His comment was that in abandoning a gas-powered car, you’re just substituting for a natural gas power plant, i.e., swapping one source of emissions for another, and so you might as well go for the gasoline vehicle. “My response was that Canada’s electricity was 80 per cent renewables/hydro-electric and there was a fair chance the source of electrical power would not use fossil fuels. But in truth, in the Greater Toronto Area, I’m not sure what the real answer would be. “Do you know? Personally, I think it’s useful for anyone across Canada to know where the power that feeds into their homes comes from. Can you shed light?” Cheap CCTV Camera in Brampton Nishad Islam co-ordinates planting events at the Friends of the Rouge Watershed, and sees direct benefits for local residents near restored habitats. (Inayat Singh/CBC) Home CCTV Camera in Brampton Metals like cobalt, copper, nickel and manganese have been mined on land for years, but as the global energy transition gathers pace, there is a consensus that the terrestrial reserves of these minerals aren’t enough. Making things like electric car batteries and wind turbines will require many more “critical minerals.” For example, the International Energy Agency estimates the world will need 19 times more nickel by 2040 to meet its decarbonization targets. And so interest has turned to the critical minerals lurking deep in the ocean — specifically, in a remote region of the Pacific Ocean called the Clarion Clipperton Zone (CCZ). The company

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Metro workers latest to strike as Canada sees a wave of job actions

Best CCTV Security Camera in Brampton A woman walks pass a Metro grocery store in Toronto on Wednesday Nov. 1, 2017. THE CANADIAN PRESS/Doug Ives Best CCTV Camera in Brampton Thousands of unionized Metro workers walked off the job Saturday in what is the latest in a series of strike actions taken across the country in the past year. Some 3,700 members of Unifor Local 414 went on strike, described as the largest in the union’s history and affecting 27 Metro locations in the Greater Toronto Area. It comes as unionized workers at British Columbia’s ports rejected a tentative agreement late Friday night and as Manitoba Liquor Mart employees stayed off the job Saturday in their continued strike action. “Interest rates, inflation, CEO profits soaring, profits in terms of what corporations are making soaring, while our members are struggling to get by,” Unifor national president Lana Payne said Saturday as Metro workers held their strike. Although Unifor endorsed a deal with Metro, with Payne describing it as the “best agreement in decades,” the membership did not support it. Payne added that it is not enough for the workers to live on or support their families, with 70 per cent of jobs part-time and average pay between $16 and $17 an hour. She said that the workers, who put their lives on the line during the height of COVID-19 and later saw their pandemic pay cut, deserve a share of the money that they helped Metro earn. Gord Currie, president of Unifor Local 414, added that some have resorted to food banks. Canada’s Competition Bureau released a study in June that found the three largest grocery companies in the country — Loblaws, Sobeys and Metro — reported more than $100 billion in sales collectively and $3.6 billion in profits last year. “Working people are fighting back everywhere, from the ports of Vancouver to grocery store workers here to Teamsters workers in the United States. This is not just happening here at Metro stores. It is the moment that we’re in and, you know, you can only push it so long where corporations are doing so well, the CEOs are doing so well and workers are getting crumbs. That is not going to work anymore,” Payne said. A statement from Metro Ontario, a subsidiary of Metro, said it was “extremely disappointed” that a strike occurred despite the union endorsing the deal. “The company has been negotiating with the union for the past few weeks and reached a fair and equitable agreement that meets the needs of our employees and our customers while ensuring that Metro remains competitive,” the statement said. “The settlement provided significant increases for employees in all four years of the agreement, as well as pension and benefits improvements for all employees, including part-time employees.” Larry Savage, a labour studies professor at Brock University in St. Catharines, Ont., told CTV National News that workers have a heightened sense of their own worth coming out of the pandemic. “I think there’s a lot of anger and resentment as a result of the pandemic and the high cost of living,” he said. “Grocery store workers, for example, literally put their lives on the line for their employers and for society more generally during the pandemic and now lots of them can’t even afford to pay their rent or their utility bills. So I think there’s a sense out there that workers are fed up and they’re demanding more and they’re using the right to strike to do that.” Last month, about 1,800 striking Halifax-area education support workers returned to work after ratifying their latest contract. More than 155,000 unionized federal public servants went on strike earlier this year, including 35,000 Canada Revenue Agency employees. Last year, thousands of education support workers in Ontario also went on strike. “I think there will be lots of labour disruption in the future, lots of labour militancy going into the future, until we see some of these companies redistribute their profits back into their workforces,” Savage said. Cheap CCTV Camera in Brampton Workers hold signs at a picket line outside a Metro grocery store in Toronto as workers rejected a tentative deal triggering a strike of nearly 3,700 grocery store workers in the Greater Toronto Area, July 29, 2023. THE CANADIAN PRESS/Cole Burston Home CCTV Camera in Brampton Twenty-seven Metro grocery stores in the Greater Toronto Area will be closed beginning Saturday as thousands of workers will be striking after they voted down a tentative deal. Unifor, the union representing 3,700 Metro workers at 27 GTA locations, announced Friday evening the results of the ratification vote. “This decision to go on strike comes after years of these workers being nickelled and dimed while facing increased precarity and eroded job quality. It comes after having pandemic pay stripped away. It comes at a time of record profits and soaring CEO compensation. It comes at a time when life has become simply unaffordable for so many of these workers who risked their health and safety during the pandemic,” Unifor National President Lana Payne said in a statement. “We brought the tentative agreement to our members because it contained considerable gains, but our members are clear that it simply isn’t enough.” A tentative deal was reached on July 18, following weeks of bargaining to initially avert a strike. In June, members voted 100 per cent in favour of striking. Union officials previously said fair pay for all workers, greater access to better benefits, and more secure work hours and full-time jobs were the three main priorities ahead of the negotiations. “You know the system is broken when frontline Metro workers can’t afford food, rent, or gas,” Unifor Local 414 President Gord Currie said in a statement on Friday. “Frontline grocery workers at Metro deserve the utmost respect, especially after working tirelessly through the pandemic.” Workers are expected to form picket lines at each store starting at 8 a.m. Saturday. Unifor said the affected Metro stores will include those in Toronto, Brantford, Orangeville, Milton, Oakville, Brampton, North York, Islington, Willowdale, Mississauga, Etobicoke, Newmarket, and Scarborough. In a

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Labour minister threatens possibility of imposed agreement after B.C. port workers reject latest deal

Best CCTV Security Camera in Brampton Labour Minister Seamus O’Regan, seen here in October 2022, said Saturday that binding arbitration or an imposed agreement could be coming to end job action that shut down B.C.’s ports earlier in July. (Adrian Wyld/The Canadian Press) Best CCTV Camera in Brampton Federal Labour Minister Seamus O’Regan says he may be looking at binding arbitration to end a job dispute at B.C.’s ports after union workers rejected a mediated deal. In a Saturday statement, O’Regan said that he had directed the Canada Industrial Relations Board (CIRB) to find out if the rejection meant a negotiated agreement was impossible. “If the Board determines that to be the case, I have directed them to either impose a new collective agreement on the parties or impose final binding arbitration to resolve outstanding terms of the collective agreement,” the statement reads. Labour Minister O’Regan adds that the federal government was “prepared for all options” in the job action, leaving open the possibility of back-to-work legislation. International Longshore and Warehouse Union Canada (ILWU) workers had rejected the agreement on Friday, extending job action that prevented billions in goods from moving for almost two weeks earlier this month. In a letter posted on the union’s website, union president Rob Ashton says workers are now calling on their employers to “come to the table” and negotiate directly, instead of doing so through the B.C. Maritime Employers Association (BCMEA). In a statement, the BCMEA says it is disappointed the four-year tentative agreement was rejected, calling it a “good deal that recognized the skills and efforts of B.C.’s waterfront workforce while providing certainty and stability for the future of Canada’s West Coast ports.” Cheap CCTV Camera in Brampton The 13-day strike had shut down ports across B.C. was initially ended by a tentative deal, but the union attempted to restart the strike shortly after. That was deemed illegal by the Canada Industrial Relations Board. (Ben Nelms/CBC) Home CCTV Camera in Brampton The four-year agreement between the union and maritime employers went to a vote of about 7,400 workers on Thursday and Friday, after union leaders presented the deal to local chapters on Tuesday. ILWU workers staff more than 30 port terminals and other sites across the province, including Canada’s largest port in Vancouver. The deal worked out with federal mediators had put a temporary halt to a 13-day strike that had commenced July 1, but its fate see-sawed wildly as the union leadership then rejected it and tried to go back to picket lines. When that was deemed illegal by the CIRB, the union submitted a new 72-hour strike notice, only to withdraw it hours later. On July 20, the union announced it was recommending the deal and would put it to a full membership vote. Mark Thompson, a professor emeritus at UBC’s Sauder School of Business, says he is perplexed over union membership rejecting the latest deal. “I’m surprised, but I can understand why it didn’t pass,” said Thompson. “The package simply didn’t meet the union’s priorities.”  Thompson says because the union was so adamant about the issues of job security and outside contracting, those issues may have been unaddressed on the contract before them.  “That’s the signal, that something which is important to them is going left unaddressed.” On Friday evening, the BCMEA revealed details of the deal. It says the four-year package rejected by the ILWU included a compounded wage increase of 19.2 per cent and a signing bonus of $1.48 per hour worked to be paid to each employee. “Regrettably, ILWU’s rejection once again leaves businesses, Canadians and all those who depend on a stable, well-functioning supply chain hanging in the balance,” reads a statement from the employer. Thompson says the federal government under Justin Trudeau has been supportive of collective bargaining in the past, and has been unwilling to impose a settlement by legislation. The deal’s current failure will, however, give impetus to calls for back-to-work legislation that came earlier from industry groups and politicians, including Alberta Premier Danielle Smith. On Saturday, the Canadian Federation of Independent Business characterized the rejection of the deal as “irresponsible” and said they were extremely disappointed. “If the union issues another 72-hour strike notice, government will have to immediately introduce back-to-work legislation,” read a statement from the business group. Federal NDP leader Jagmeet Singh — whose party has a supply-and-confidence deal with the Liberals in Parliament — said the better course of action is to get both sides of the dispute back to the negotiating table. “Port workers in British Columbia are fighting for fairness; they want to know that they’ll have stability and a good wage so that they can continue supporting their families for years to come,” Singh said in a statement. “We cannot lose sight of what is at stake for B.C. port workers, but also for all workers. Going to work to earn a living that feeds your family and puts a roof over your head is not too much to ask when CEOs are enjoying record profits.” The earlier job action was serious enough that Prime Minister Justin Trudeau convened the government’s incident response group to discuss the matter, an occurrence typically reserved for moments of national crisis. Best CCTV Camera in Brampton Port workers with the International Longshore and Warehouse Union Canada remove a strike sign from a picket line outside the despatch hall in Vancouver on July 13. (Chris Helgren/REUTERS) Cheap CCTV Camera in Brampton A 13-day strike stopped billions of dollars’ worth of goods from moving through province’s ports More large-scale disputes like the industrial action at British Columbia’s ports may be on the horizon, a labour movement researcher is warning, as longshore workers gathered to consider a possible agreement with employers. The local chapters of the International Longshore and Warehouse Union held meetings Tuesday to discuss the deal, which the B.C. Maritime Employers Association says is the same agreement union leaders had previously rejected without a full-membership vote. McGill University associate professor of sociology Barry Eidlin said it is likely union leaders are under pressure to sell the deal to members due to the possibility of back-to-work legislation — even if federal officials have said publicly that resolution-by-negotiation is the preferred outcome. But Eidlin

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“India’s export ban on non-basmati rice triggers panic buying at Sask. grocery stores”

Best CCTV Security Camera in Brampton Sriram Ramamurthy, Manager of Iqbal Halal Foods in Toronto, says customers have been stockpiling rice after India moved to ban export on non-basmati rice. (Nisha Patel/CBC) Best CCTV Camera in Brampton India’s decision to ban the export of non-basmati rice has led to consumers panic-buying and stockpiling Indian rice around the world, driving up prices in the process. In Canada, the U.S. and abroad, reports of panic-buying are flourishing on social media, with stores that cater to South Asian communities implementing caps on the amount that any customer can buy, and adjusting prices. Sriram Ramamurthy, the manager of Iqbal Halal Foods in Toronto, told CBC News in an interview Monday that he saw an immediate increase in demand for rice once word of the ban spread on Thursday of last week. “They started coming in here and they wanted to buy more and more,” he said. He soon implemented a limit of one bag per customer, but that quickly proved futile as customers would come back with more family members, “each one trying to pick two or three at a time.” Some customers would even approach other customers in line who were not buying rice, trying to get them to purchase it on their behalf, he said. Ramamurthy says he carries more than 40 different brands of rice in his store, mostly from India, but the majority of what he sells is basmati rice, a premium grade of rice that isn’t even included in the export ban. But that hasn’t stopped customers from trying to buy up every grain they can, of basmati and varieties included in the ban, just in case, he said. Siraj Mohammed said he heard about the ban, so decided to come “down to the grocery store expecting that this is not gonna be the case in Canada. But I guess the worst happened,” he said. He prefers one specific type of basmati rice, one that the store doesn’t have any more of right now. “Now I’m not going to be able to get my hands on it, I guess.” Ramamurthy says he hasn’t raised his prices yet, but he’s expecting his suppliers to soon. Stores that cater to the South Asian market elsewhere in Canada are reporting similar scenes, including Savor Supermarket in Saskatoon, where purchases are being limited. Stores in the U.S., Australia and elsewhere are also seeing unprecedented demand, Bloomberg and others reported Tuesday, although CBC News has not been able to independently verify the authenticity of videos showing hoarding and panic buying. India has taken the extraordinary step in order to ensure domestic supply, and bring down prices, which have soared due to excess rains and drought in rice-producing regions. According to government data, the domestic price of non-basmati rice has increased by almost 10 per cent this month. In September of last year, a metric tonne of non-basmati rice in India would cost about $330 US. Today it tops $450, according to pricing in the most-traded Indian rice futures contract. Cheap CCTV Camera in Brampton Stores have started to ration bags of rice after India’s move to ban imports prompted stockpiling. (Nisha Patel/CBC) Sophia Murphy, executive director for the Minneapolis-based Institute for Agriculture and Trade Policy, says rice is such a staple for India and its 1.2 billion people that the government manages supply closely. Unlike other food commodities, she says the global rice market is very domestically oriented, as less than 10 per cent of all the rice in the world ever crosses a border. Home CCTV Camera in Brampton Best CCTV Camera in Brampton While India is far and away the world’s largest exporter of rice, with more than 40 per cent of international trade in it, their primary concern is maintaining domestic supply, which is why they have had export bans in the past, she says. “If they ban or someway limit the exports, it should keep more production in the country and it should reduce the inflation pressure that is there on food prices,” she said. Canada imported about $650 million worth of rice last year, according to government data. Within that, about $140 million came from India — and only a tiny percentage of that is of the small- and medium-grain varieties of non-basmati rice that the ban applies to. Murphy says while supply of basmati may also be strained, the government did not move to ban exports since it is a more premium product. Local concern is on the other staple varieties, which is why the government used the dramatic step of halting exports. “Bans are easy to explain to the public,” she said, “we’re not selling food abroad, we’re looking after people at home. It’s often a pretty blunt — not necessarily very effective — instrument but it has domestic political capital associated with it.” India’s move to ensure domestic supply is the second major announcement from a major exporter this year, as in May Vietnam announced plans to limit its own exports to four million tonnes a year by 2030. That’s down from more than seven million tonnes a year right now, and it’s aimed at “ensuring domestic food security, protecting the environment and adapting to climate change,” the government said in a release. In recent years, India has emerged as one of the largest exporters of rice, a staple crop that feeds millions around the world. However, a significant shift occurred when the Indian government implemented a sudden ban on rice exports, leaving many nations, including Canada, struggling to cope with the repercussions. This article delves into the reasons behind India’s decision to ban rice exports and explores the far-reaching consequences it has had on the global rice market. From shortages in Canada to stockpiling on a global scale, the implications of this decision have reverberated through economies and food security networks worldwide. India’s agricultural sector plays a pivotal role in its economy, with rice being a crucial crop cultivated across vast regions. Over the years, India’s rice production has increased significantly, making it one of the leading exporters in the world. The country’s abundance

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