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Kingsbury Strikes Gold to Open Canada’s Medal Count

Canada's Mikael Kingsbury wins Olympic gold in men's dual moguls. Mikael Kingsbury has delivered a landmark moment for Team Canada, capturing the nation’s first gold medal of the Milan Cortina Olympics. The freestyle skiing superstar put down a commanding moguls run, blending speed, precision, and trademark control to secure the top spot. Already regarded as one of the greatest moguls athletes in history, Kingsbury added yet another highlight to his remarkable career. His victory energized the Canadian contingent and set a confident tone for the days ahead. As the flag rose behind him during the medal ceremony, Kingsbury’s performance stood as both a personal triumph and a powerful start to Canada’s Olympic campaign.
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Metro Navigates Tariff Pressures as Supplier Price Hikes Mount

 

Metro Inc. is feeling the ripple effects of ongoing tariff disputes, with president and CEO Eric La Flèche revealing that tariffs and counter-tariffs now account for roughly 20% of supplier requests for price increases. The grocery chain has already approved hikes on about 3,000 SKUs, though La Flèche emphasized that overall food basket inflation remains in line with Statistics Canada’s 3.1% Consumer Price Index.

While the company would prefer inflation closer to 2%, La Flèche said Metro is negotiating aggressively to limit the impact on customers in an environment where shoppers are increasingly price-sensitive. Tariff-related cost pressures are also beginning to affect health and beauty products, prompting the retailer to explore alternative sourcing from other countries to maintain quality and control prices.

Despite these challenges, Metro posted a strong third-quarter performance, with profits rising to $323 million from $296.2 million a year earlier, and sales climbing to $6.87 billion. Same-store food sales grew 1.9%, while pharmacy sales jumped 5.5%. However, shares dipped 6.82% in midday trading, reflecting investor caution amid the inflationary headwinds.

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