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Nine Provinces Just Made It Legal to Order Wine Straight From Other Provinces — Here's What It Means for Your Wallet

  July 24, 2026 If you've ever fallen in love with a bottle of wine on an Okanagan vacation and then discovered you couldn't legally have it shipped home to Ontario, that particular headache just got a lot smaller. On Tuesday, premiers from nine provinces signed a formal agreement to open up direct-to-consumer (DTC) alcohol sales across provincial lines. In plain terms: breweries, wineries, and distilleries in one province will soon be able to sell and ship their products straight to your door in another, without routing everything through a provincial liquor monopoly first. The timing isn't a coincidence. The deal landed roughly 24 hours after U.S. President Donald Trump announced a 50% tariff on Canadian wine, beer, and spirits headed south of the border, set to take effect in August. With one export market getting more expensive, provinces are moving to open up the market next door instead. What it means for you: If you live in Ontario, you'll soon be able to legal...
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Mixed Bank Earnings Offset Cooler-Than-Expected Inflation News

 


On Friday, January 12th, 2024, the US stock market closed with little change as mixed bank earnings offset cooler-than-expected inflation news that buoyed hopes for interest-rate cuts from the Federal Reserve. The Dow Jones Industrial Average fell 118.04 points, or 0.31%, to 37,592.98. The S&P 500 gained 3.59 points, or 0.08 %, at 4,783.83 and the Nasdaq Composite rose 2.58 points, or 0.02%, to 14,972.76.

Bank of America’s fourth-quarter profit shrank as the lender took $3.7 billion in one-off charges. Wells Fargo’s warning of a 7% to 9% drop in net interest income in 2024 sent the bank’s shares down 3.34%. UnitedHealth fell on higher-than-expected medical costs. Tesla fell after flagging output hit from Red Sea disruption.

The data showed U.S. producer prices unexpectedly fell in December as the cost of goods such as food and diesel fuel declined, while prices for services were unchanged for a third consecutive month, in contrast to Thursday’s hotter-than-expected consumer inflation reading. Expectations for a rate cut of at least 25 basis points by the Fed in March moved up to 79.5%, according to CME’s FedWatch Tool, from 73.2% in the prior session.


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