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2025-01-24
Philippines’ net liability hits $74.2 billion in third quarter—BSPArticle content The recent announcement of a temporary GST/HST holiday on select food purchases, running from Dec. 14 to Feb. 15, has drawn significant attention. Recommended Videos While the move has been framed as a helpful measure for Canadians during the holidays and the challenging winter months, it is critical to unpack its implications. Beyond the political spin, the economic reality of this measure deserves closer scrutiny. The government’s narrative suggests substantial relief for Canadians. However, the actual savings may be far more modest. For groceries, the average Canadian household stands to save just $4.51 in taxes over the two months, while dining out could offer $19.51 in tax savings. While every dollar counts, the idea that this measure will lead to significant financial relief is overstated unless one is a frequent purchaser of high-ticket alcohol or luxury dining options. For most, this “GST vacation” is more a token gesture than transformative economic aid. Restaurants are likely to gain the most from this policy. Canadians already spend a record $187 per month dining out, and the tax break might encourage more to opt for dining services rather than home cooking. Meanwhile, the cost of staples like ground beef at the grocery store is unlikely to change. Paradoxically, someone ordering a $29 burger meal through Uber Eats might see greater savings than someone cooking a homemade holiday meal. This prioritization raises questions about the measure’s alignment with its intended purpose. The holidays are traditionally a time for home cooking, celebrating with unique, meaningful meals surrounded by loved ones. This policy, by making dining out more attractive, risks undermining the cultural and economic value of cooking at home. At its core, taxing food at grocery stores remains a controversial practice. Food is a necessity, and imposing taxes on it is widely regarded as regressive and, some argue, even immoral. While the temporary removal of GST on some grocery items is welcome, its short-term nature creates confusion and potentially inflationary pressures. Retail food pricing operates on razor-thin margins, where pricing strategies hinge on pennies. A two-month tax exemption introduces uncertainty, as grocers might adjust prices upward to offset the perceived tax void, exacerbating food inflation. A permanent exemption, by contrast, would have avoided such unintended consequences, providing clarity and stability for both consumers and retailers. On top of this, direct cash transfers, like the government’s decision to give $250 to millions of Canadians, can inadvertently fuel inflation. Injecting more money into the economy without addressing underlying structural issues in food supply chains creates excess demand, which inevitably leads to higher prices. While this might provide short-term relief, it risks making food affordability an even greater challenge for everyone in the long term. RECOMMENDED VIDEO Quebec is currently the only province requiring signage to indicate which grocery items are taxed, offering a level of transparency that is absent elsewhere in Canada. Without such clarity, Canadians may struggle to understand which items are exempt and when. The temporary nature of the policy compounds this confusion, leaving many in the dark about how much they are actually saving – or even what qualifies for the exemption. Trudeau’s GST holiday casts him in the role of Canada’s Santa Claus, delivering a modest gift to Canadians. While this measure is likely to be appreciated by many, its short-term and poorly targeted nature raises serious concerns. Inadvertently, it may encourage dining out over home cooking and introduce inflationary risks to food pricing. The gesture, though well-intentioned, is shortsighted. What Canadians truly need is long-term, structural change to food taxation policies–not fleeting measures that complicate an already strained food economy. A permanent GST exemption on all grocery items would have been a far more effective solution, avoiding the confusion and potential harm caused by this temporary measure. In the end, Canadians deserve more than a holiday-season band-aid. Addressing food affordability and food inflation requires thoughtful, comprehensive policies – not a short-lived tax holiday and direct cash payments that risk becoming a Trojan horse for higher prices. – Dr. Sylvain Charlebois is the Director of the Agri-Food Analytics Lab at Dalhousie University and co-host of The Food Professor Podcastcockfighting meaning

STONY BROOK, N.Y. (AP) — Derek Robertson threw for a school-record 536 yards and three touchdowns, and Monmouth wrapped up its season with a wild 55-47 victory over Stony Brook on Saturday. Robertson completed 28 of 45 passes with touchdowns of 3 yards to Marcus Middleton, 51 yards to Tra Neal and 42 yards to Max James. Neal, a wide receiver, threw a 40-yard touchdown pass to Jack Neri that gave the Hawks (6-6, 4-4 Coastal Athletic Association) a 55-44 lead in the fourth quarter. The PAT was blocked, keeping Stony Brook within 11 points. FCS No. 20 Stony Brook (8-4, 5-3) trailed 42-30 at halftime but was within 49-44 after Jasiah Williams threw a 23-yard touchdown pass to Dez Williams, also on a wide-receiver pass play. Tyler Knoop threw for 408 yards on 37-of-53 passing for Stony Brook. He had three TD passes and was intercepted once. Dez Williams had 134 yards receiving with two touchdowns and Jayce Freeman had 93 yards. TJ Speight had 151 yards receiving for Monmouth. The teams combined for 1,007 passing yards and 1,249 total yards. __ Get alerts on the latest AP Top 25 poll throughout the season. Sign up here AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-footballColumbia making long-awaited waves in men’s game from Morningside Heights

Brandi Glanville says she hasn't gotten any this year ... saying the issue with her face has really put a damper on her sex life. The reality television star got real about her medical issue on her Brandi Glanville Unfiltered episode released Sunday ... explaining she hasn't really been out much since she developed the issue late last year. According to Glanville, she's cut off pretty much all socialization in the months since ... and, she says it needs to clear up soon 'cause she's got "s*** to do." Brandi adds, "I have places to go, people to make out with. I have not had sex since last October. I haven't kissed [or] made out with anyone. I haven't socialized, really." Despite Brandi's desire to get back to normal life, she says renowned plastic surgeon Dr. Terry Dubrow told her it could take five years for Brandi's face to totally recover. So, Brandi says she's decided to get a second opinion ... explaining Dr. Dubrow is a great guy -- but, she didn't feel he was right for this particular problem. As you know ... Brandi sparked concern among fans earlier this month when they saw a photo of her face -- and Terry later said he would happily consult with BG if she wanted his expert advice. Sounds like Glanville's still figuring out what her next steps are ... and, it's really taking a toll on her social life.Enterprise Networking Market Trends and Forecast 2024-2031: Future Business Opportunities 11-23-2024 07:08 PM CET | IT, New Media & Software Press release from: SkyQuest Technology The Enterprise Networking Market is a dynamic and rapidly growing sector, driven by technological advancements in hardware, software, and digital infrastructure. It covers a diverse range of services such as cloud computing, cybersecurity, data analytics, and artificial intelligence. The increasing need for digital transformation across industries is propelling market growth. Emerging technologies like 5G, blockchain, and IoT are further unlocking new opportunities. With continuous innovation, the IT sector is poised for significant expansion in the coming years, particularly in the areas of automation and remote work solutions. Download a detailed overview: https://www.skyquestt.com/sample-request/enterprise-networking-market Market Size and Growth: Global Enterprise Networking Market size was valued at USD 397.79 billion in 2022 and is poised to grow from USD 409.92 billion in 2023 to USD 521.30 billion by 2031, at a CAGR of 3.05% during the forecast period (2024-2031). The most valuable investment indicators are insights into key market trends, making it easier for potential participants to make informed decisions. The research seeks to identify numerous growth opportunities that readers can consider and capitalize on by utilizing all the relevant information. By closely analyzing critical factors that influence growth, such as pricing, production, profit margins, and value chain dynamics, future market expansion can be predicted with greater precision. Key Market Players: Cisco Systems Inc. (US) Juniper Networks Inc. (US) Hewlett Packard Enterprise Development LP (US) Huawei Technologies Co. Ltd. (China) Arista Networks Inc. (US) Dell Technologies Inc. (US) Extreme Networks Inc. (US) Nokia Corporation (Finland) Fortinet Inc. (US) Check Point Software Technologies Ltd. (Israel) Palo Alto Networks Inc. (US) Region-wise Sales Analysis: This chapter presents market data by region, including revenue, sales, and market share breakdowns. It also offers forecasts for sales growth rates, pricing strategies, revenue, and other key metrics for each analyzed regional market. Regions covered include: North America: United States, Canada, Mexico Europe: Germany, France, UK, Russia, Italy Asia-Pacific: China, Japan, Korea, India, Southeast Asia South America: Brazil, Argentina, Colombia Middle East & Africa: Saudi Arabia, UAE, Egypt, Nigeria, South Africa Discover Key Trends, Speak with Our Experts @: https://www.skyquestt.com/speak-with-analyst/enterprise-networking-market Segments covered in the Enterprise Networking Market include: Component Type Hardwares, softwares, services Solution Type Encompasses, LAN/WAN, wireless/mobile, security Organization Size Small and medium-sized enterprises (SMEs), large enterprises Verticals IT and telecom, healthcare, BFSI, manufacturing Enterprise Networking Market Size and Scope The Enterprise Networking market has shown significant growth in recent years, fueled by rising demand for power electronics across industries such as automotive, telecommunications, and renewable energy. This market is set to grow further as the global adoption of electric vehicles and renewable energy increases. Enterprise Networking are highly valued for their superior thermal conductivity, electrical insulation, and mechanical strength, making them essential components in power modules and electronic devices. With ongoing technological and manufacturing advancements, the applications of Enterprise Networking are expected to expand, encompassing a broader range of uses in the near future. For a Comprehensive Report on the Enterprise Networking Market 2024, Visit @: https://www.skyquestt.com/report/enterprise-networking-market Frequently Asked Questions: 1. What are the global trends in sales, production, consumption, imports, and exports across regions (North America, Europe, Asia-Pacific, South America, Middle East, and Africa)? 2. Who are the leading manufacturers dominating the global market? 3. What is their production capacity, sales, pricing, cost, and revenue structure? 4. What are the risks and opportunities in the market? About Us: SkyQuest is an IP-focused Research and Investment Bank and Technology Accelerator. We offer access to technologies, markets, and financing across sectors like Life Sciences, CleanTech, AgriTech, NanoTech, and Information & Communication Technology. We collaborate closely with innovators, entrepreneurs, companies, and investors to help them leverage external R&D sources and optimize the economic potential of their intellectual assets. Our expertise in innovation management and commercialization spans North America, Europe, ASEAN, and Asia Pacific. Contact: Mr. Jagraj Singh Skyquest Technology 1 Apache Way, Westford, Massachusetts 01886, USA (+1) 351-333-4748 Visit our website: Skyquest Technology This release was published on openPR.John Elway: remorse over bypassing Josh Allen in draft mitigated by watching Broncos rookie Bo Nix

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