From the Bank of Canada's steady hand to a surge in housing starts and Ottawa's new financial crime-fighting agency — here are the five money stories every Canadian should have on their radar this morning. 1 Bank of Canada Rate Holds at 2.25% — Next Decision June 10 The Bank of Canada kept its overnight rate at 2.25% on April 29 and has signalled it intends to stay put for now. Governing Council is keeping a close eye on Middle East conflict spillover into energy prices, ongoing U.S. tariff uncertainty, and whether inflation — currently hovering just above the 2% target — becomes entrenched. Bond markets are currently pricing in roughly an 18% chance of a 25-basis-point cut by the July 15 announcement, making a move at the June 10 meeting unlikely. 💡 What it means for you: Variable-rate mortgage and HELOC holders can exhale — no surprise hikes on the horizon. But don't expect big rate relief either; the "lower-for-longer" window appears to be closing. 2 Mortgage...
Why is fast food unhealthy?
Fast food is often nutritionally poor and high in calories. Evidence demonstrates that overeating commercial fast food products can negatively impact health in both the short- and long-term.
Many fast food establishments now list the number of calories each item contains. However, this is only part of the consideration of whether it is healthy or not. Fast food is typically poor in terms of nutrition.
According to a 2015 review, fast food tends to contain various substances that are generally unhealthy. It is high in sugar, salt, saturated or trans fats, and many processed preservatives and ingredients. It also lacks some beneficial nutrients. However, not all fast food has negative impacts, and a person can make an informed choice by researching the nutritional content of particular fast food items. People can find this information on the websites of most major restaurants. That said, even the more healthy fast food items are generally high in sugar, salt, saturated fats, and trans fats.
The Office of Disease Prevention and Health Promotion notes that the typical person in the United States consumes too much of these food components.
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