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Month: May 2022

Canadians to see biggest price increase at restaurants over cooking oil shortage: expert

By Brooklyn Neustaeter Click here for updates on this story     TORONTO (CTV Network) — Poor harvests due to climate change, supply chain issues caused by the COVID-19 pandemic, and Russia’s invasion of Ukraine have created food production shortages across the world, with cooking oil being the latest product impacted. Sylvain Charlebois, Dalhousie University professor of

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Mortgage rates moved higher this week

Mortgage rates continue to climb

By Anna Bahney, CNN Business Mortgage rates moved higher this week, continuing an upward trend that has kept rates above 5% since mid-April. The 30-year, fixed-rate mortgage averaged 5.30% in the week ending May 12, up from 5.27% the week before, according to Freddie Mac. It is the highest since 2009 and well above the

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