Black Dog Video in Vancouver sells off stock as it prepares to close

Movie buffs lined up around the block in East Vancouver Sunday as one of the last remaining video rental stores in the city started selling off its stock ahead of its closure next month. Paul Johnson has more on the emotional day for Black Dog Video.

After 17 years in business at its Commercial Drive location, Black Dog Video in Vancouver is liquidating its 15,000 title inventory and closing its doors for good.

Owner Darren Gay lasted for years after streaming took out his competitors. But he says that, plus the COVID disruption was finally too much.

Dozens of people lined up outside the video store on Sunday, some waiting for three-and-a-half hours to get inside.

Gay said he will keep part of his business online but B.C. is losing its biggest storefront independent video store.

Read more:

‘A sad day’: Black Dog Video, one of Metro Vancouver’s last rental shops, calls it quits

Gay made the announcement in April that the doors had to close.

For years, the rental shop was a hot spot for people seeking new releases for a movie night, and among those looking for selections off the beaten path.

Gay said the store boasts an inventory of more than 17,000 titles, including cult classics and movies from the early days of film history.

© 2022 Global News, a division of Corus Entertainment Inc.

Brampton man in hospital after serious daytime stabbing: police

RELATED: One person has been taken to hospital following a stabbing on a bus in Thornhill, Ont. And police say two suspects are still at large. Morganne Campbell has more in this report.

A man in his 50s has been rushed to hospital after a stabbing in Brampton.

In a tweet, Peel Regional Police said they responded to an incident in the area of Glidden Road and Kennedy Road around 12:59 p.m. Monday, southeast of downtown Brampton.

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Police said a man was found suffering from possible stab wounds and another man was taken into custody. The force warned the public to avoid the area.

Peel paramedics told Global News that a man in his 50s was transported to a local trauma centre with serious, life-threatening injuries.

© 2022 Global News, a division of Corus Entertainment Inc.

Ukraine war, price shocks have 'darkened' economic outlook, leaders warn in Davos

Rising inflation rates have brought new challenges to daily life – but Nova Scotia businesses are counting on a busy summer to help them bounce back to pre-pandemic revenues. As Alexa MacLean reports, one economist says there are some silver linings to keep in mind as we all adjust to another new normal.

Multiple threats to the global economy topped the worries of the world’s well-heeled at the annual Davos think-fest on Monday, with some flagging the risk of a worldwide recession.

Political and business leaders gathering for the World Economic Forum (WEF) meet against a backdrop of inflation at its highest level in a generation in major economies including the United States, Britain and Europe.

These price rises have undermined consumer confidence and shaken the world’s financial markets, prompting central banks including the U.S. Federal Reserve to raise interest rates.

Meanwhile, the repercussions on oil and food markets of Russia’s invasion of Ukraine in February – which Moscow describes as a “special military operation” – and COVID-19 lockdowns in China with no clear end have compounded the gloom.

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“We have at least four crises, which are interwoven. We have high inflation … we have an energy crisis… we have food poverty, and we have a climate crisis. And we can’t solve the problems if we concentrate on only one of the crises,” German Vice Chancellor Robert Habeck said.

“But if none of the problems are solved, I’m really afraid we’re running into a global recession with tremendous effect .. on global stability,” Habeck said during a WEF panel discussion.

The International Monetary Fund (IMF) last month cut its global growth outlook for the second time this year, citing the war in Ukraine and singling out inflation as a “clear and present danger” for many countries.

IMF Managing Director Kristalina Georgieva, speaking in Davos on Monday, said the war, tighter financial conditions and price shocks – for food in particular – have clearly “darkened” the outlook in the month since, though she is not yet expecting a recession.

Asked at a panel whether she expected a recession, Georgieva said: “No, not at this point. It doesn’t mean it is out of the question.”

European Central Bank (ECB) President Christine Lagarde, due to speak in Davos on Tuesday, has warned that growth and inflation are on opposing paths, as mounting price pressures curb economic activity and devastate household purchasing power.

“The Russia-Ukraine war may well prove to be a tipping point for hyper-globalisation,” she said in a blog post on Monday.

“That could lead to supply chains becoming less efficient for a while and, during the transition, create more persistent cost pressures for the economy,” Lagarde added.

Still, she essentially promised rate hikes in both July and September to put a brake on inflation, even if rising borrowing costs are bound to weigh on growth.

“We knew, all knew from Day One that this war was bad economic news. Less growth and more inflation,” French policymaker Francois Villeroy de Galhau said. “This is the price we accepted together to pay to protect our values … It was worth paying this price.”

“I would play down the idea of a short-term trade off between inflation and growth,” he said. “In the short run, our priority is clearly … fighting inflation.”

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While the economic drag from the Ukraine crisis is being most keenly felt in Europe, it is the U.S. economy that is experiencing the greatest price pressures.

The Consumer Price Index shot from near zero two years ago to a 40-year high of 8.5% in March. The Fed responded earlier this month with its largest rate hike in 22 years, and Chair Jerome Powell has signalled increases of a similar magnitude – half a percentage point – at its next two meetings at least.

The higher rates and expectations for more, though, have yet to weaken consumer spending and a red-hot U.S. job market.

“We’re not seeing it materialize in our business yet,” Marriott International Inc Chief Executive Anthony Capuano said of the threat of recession, adding: “There continues to be pent-up demand.”

Harvard University economist Jason Furman, head of the Council of Economic Advisers under former President Barack Obama, said his baseline probability for a recession in any year is 15 per cent. Now “I’m a little bit higher that 15,” he said, citing the strength of household balance sheets and expectations for more people to return to the workforce in coming months.

Looking beyond that, however, he said he was concerned the Fed may need to lift rates higher than most officials and forecasters currently expect. “But that’s more like a year and a half, two and a half years from now.”

Key emerging markets, including China, are still expected to see growth this year, even if at a slower pace than previously estimated.

Marcos Troyjo, president of the New Development Bank set up by Brazil, Russia, India, China and South Africa, said his bank still expects “robust growth” this year in China, India and Brazil.

(Additional reporting by Jessica DiNapoli; Editing by Alexander Smith, Jan Harvey and Nick Zieminski)

© 2022 Reuters

87 people killed in Russian air strike last week, Ukraine says

WATCH: Ukraine says troops in Kharkiv region are pushing back Russian forces

Eighty-seven people were killed in a Russian air strike in the town of Desna last Tuesday, Ukrainian President Volodymyr Zelenskyy said, in what would be Ukraine’s biggest military death toll in a single strike of the war so far.

On the day of the attack, a Russian military spokesman said high-precision, long-range missiles had hit Ukrainian reserves forces at a training centre near Desna, in the northern Ukrainian region of Chernihiv, and at one other site.

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Zelenskyy did not specify if the casualties from the attack in Desna were military or civilian. There is a military barracks and training base near the town.

“Today we completed work at Desna. In Desna under the rubble there were 87 casualties. 87 corpses,” Zelenskyy said on Monday during an address by video link to a meeting of global business leaders at Davos.

Ukrainian authorities had said last week that eight people were killed in the strike. Reuters could not immediately verify the new toll.

At least 52 people were killed at a train station in the Ukrainian city of Kramatorsk in April.

Ukrainian authorities have said they believe hundreds were trapped under the rubble of a theatre in Mariupol following a bombing in March, but they were unable to confirm the death toll.

© 2022 Reuters

Conservatives end investigation into racist email as party member quits

WATCH: Conservative debate - The issues and candidates to watch

The Conservative Party of Canada says its ended its investigation into a racist email sent to leadership contender Patrick Brown’s campaign team after the party member purportedly behind it resigned their membership.

Party spokesman Wayne Benson says the resignation terminates the investigation, adding information on the resigned member will be retained in case the person tries to rejoin the party at a later date.

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The email came to light last week when Calgary MP Michelle Rempel Garner, who is helping Brown in the leadership race, shared a screenshot on Twitter of an email that she says the campaign received from an active party member.

The Canadian Press has not been provided with a copy of the email in question.

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The text that Rempel Garner shared expresses support for Nazism and includes racist remarks directed at Black and Asian people. It ends with the author saying they support Pierre Poilievre, an Ottawa-area Conservative MP who is also running in the leadership race.

In response to the email flagged by Brown’s campaign last week, Poilievre said, “if you are a racist, I don’t want your vote.”

© 2022 The Canadian Press

Walking out on Russia during trade meeting ‘not a one-off,’ minister says

Canada’s international trade minister has warned the walkout she staged when a Russian representative began his remarks at a meeting of trade ministers in Bangkok over the weekend is “not a one-off.”

Mary Ng said she would be prepared to take the same action again if Russian officials address similar delegations in the future, adding that country’s invasion of Ukraine means circumstances on the international stage are “not business as usual.”

Ng, with counterparts from the United States, Australia, Japan and New Zealand, walked out of the Asia-Pacific Economic Cooperation Group meeting on Saturday to send a message to Russia about its disregard for the rules-based world order.

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She said she and other trade ministers planned in advance for the dramatic walkout to happen as Maxim Reshetnikov, Russia’s minister for economic development, started speaking.

“We all, as like-minded countries, co-ordinated to do this together,” Ng told The Canadian Press in an interview from Thailand. “Canada has been very clear in our position on the illegal war on Ukraine by Russia. The reason I did this was to send an important message to my broader colleagues and certainly to Russia.”

Ng said she hoped to encourage colleagues at the meeting to “stand up for the rules-based trading system,” which she said Russia has flouted.

Her walkout follows a similar action last month by Deputy Prime Minister Chrystia Freeland at the G20 meeting in Washington D.C.

Ng said members of the APEC group, a regional economic forum with 21 members including China, Hong Kong, Malaysia, Mexico, Indonesia and South Korea, should “stand together to reject Russia’s blatant disregard for the rules and its shameless behaviour towards Ukraine.”

China has not publicly condemned Russian President Vladimir Putin for his country’s invasion of Ukraine.

Ng, who also conducted a series of bilateral talks in Thailand, said APEC trade ministers discussed how the Russian invasion is having an impact “in all of our backyards,” including through rising energy costs and food shortages.

“We cannot ignore the fact that Russia’s invasion of Ukraine has caused a real material effect on all of our economies,” she said.

She said her “heart goes out to Bangladesh,” which has suffered devastating floods and relies heavily on Ukrainian wheat as a staple food.

Ukraine has said it cannot export its wheat due to Russian blockades at its ports.

Foreign Affairs Minister Melanie Joly has promised to send Canadian cargo ships to ports in Romania and other European countries bordering Ukraine to help the war-torn nation export its grain.

© 2022 The Canadian Press

Police declare Pickering death Durham Region's 6th homicide of 2022

WATCH: Police are investigating after a single-vehicle collision in Pickering, Ont., left one person dead. As Morganne Campbell reports, Durham police said officers were called to the Taunton Road area, west of Brock Road Thursday afternoon.

Police in Durham Region have confirmed the the area’s sixth homicide of the year.

The incident involved a man with gunshot wounds who died following a single-vehicle collision.

On May 19, Durham Regional Police were called to the Taunton Road area, west of Brock Road, at around noon for a one-car collision involving a grey four-door Honda.

Investigators said the driver inside the vehicle was pronounced dead on scene and had gunshot wounds.

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Driver found with gunshot injuries dies after single-vehicle collision in Pickering

At the time of the incident, police said the victim’s identity would not be released until after a post-mortem had been conducted.

In an update Monday, police named the victim as Arawin Sapesan, a 20-year-old from Pickering. They declared his death a homicide.

Police are appealing to the public for anyone who may have witnessed what happened or who has dashcam footage in the area of Taunton Road and Brock Road in Pickering between the hours of 9 a.m. and 1 p.m. to help.

Anyone with new information is asked to contact Det. French of the Major Crimes Homicide Unit at 1-888-579-1520 ext. 5421.

— With files from Global News’ Gabby Rodrigues

© 2022 Global News, a division of Corus Entertainment Inc.

Gardiner ramp, section of Yonge Street to close for at least 3 days of emergency repairs

A Gardiner Expressway exit and a section of Yonge Street are expected to be closed for at least three days starting Monday evening as crews complete emergency road work.

The City of Toronto said in a news release Monday that Yonge Street will be closed starting at 7 p.m. between Front Street East and Lake Shore Boulevard East.

The westbound Gardiner Expressway Yonge Street exit will also be closed.

The City said that a “substantial flow of ground water” was discovered under the intersection of Yonge Street and The Esplanade.

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The issue was identified on Saturday by a City contractor who was doing work at the intersection.

“After further investigation and attempts to manage the ground water flow beneath the street, City staff determined excavation of the intersection requiring road closures is needed to locate the source of the water and make critical repairs,” the release said.

“Throughout today, dewatering efforts continue at the site and the location is being monitored by City staff.”

The City said crews are making “every effort” to ensure sidewalks remain open to pedestrians.

© 2022 Global News, a division of Corus Entertainment Inc.

Significant damage after fire at London, Ont. chicken-processing plant

London, Ont., fire crews say damage is “substantial” after an early morning blaze at a local chicken-processing plant.

London Fire Department Platoon Chief Kirk Loveland tells 980 CFPL crews were called early Monday morning to Cargill Canada located at 10 Cuddy Blvd.

Crews saw heavy smoke and fire coming out of one area of a building.

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Loveland says crews knocked out the fire, went inside, and extinguished the rest of the fire.

No injuries were reported.

The platoon chief says the cause of the blaze is under investigation, but it does not appear to be suspicious.

© 2022 Global News, a division of Corus Entertainment Inc.

Thousands still without power after storm in Ontario, Quebec that left at least 9 dead

WATCH ABOVE: One of the areas hardest hit by the storm was the Ontario township of Uxbridge, which declared a state of emergency. The destruction there is so bad it's fueled speculation that this was more than just an ordinary thunderstorm. Mike Drolet spoke with residents on how the terrifying conditions tore through their homes.

Hundreds of thousands of people remain without power after Saturday’s powerful storm that left at least nine dead and caused extensive damage throughout southern Ontario and Quebec.

Hydro utilities say the damage to the power grid is extensive and complicated, meaning even as crews work around the clock to make repairs, it could still be days before all outages are resolved.

Hydro One reports the number of customers without power in Ontario has dropped a little below 200,000 as of Monday morning, having restored power to more than 380,000 customers.

Read more:

At least 9 dead, thousands without power after severe storm sweeps eastern Canada

Across the provincial border, Hydro-Quebec had around 1,500 outages affecting more than 215,000 customers.

Provincial Energy Minister Jonatan Julien held a last-minute news conference Monday morning, saying the goal is to re-establish power to 80 per cent of people before the end of the day.

Hydro Ottawa said it had restored power to more than 70,000 customers as of mid-morning Monday, while an estimated 110,000 are still without power.

The utility said the damage is significantly worse than the 1998 Ice Storm and the tornadoes of 2018, adding it has brought in crews from as far as the Toronto area and New Brunswick to assist in repairs.

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Uxbridge declares state of emergency in wake of severe damage from Ontario storm

“The level of damage to our distribution system is simply beyond comprehension,” Hydro Ottawa said on Twitter Monday. “We’re managing this from a whole of city perspective given that no single area of the City is unaffected in some manner.”

Hydro-Quebec said the storm left 550,000 customers from Gatineau to Quebec City in the dark at its peak.

“Part of the outages that persist may take longer to fix, due to difficult access conditions, extensive damage to the network and the scale of damage to pick up,” Hydro-Quebec said in a statement Monday, adding that 600 teams had been deployed.

The storm tore through southern Ontario and Quebec in a matter of hours, breaking hydro poles and toppling towers, uprooting trees, and ripping shingles and siding off houses.

Read more:

Destructive storm keeps more than 205,000 Quebec homes in the dark

The total death toll from Saturday’s storm is still unclear, but police in Ontario reported seven people killed by falling trees in locations across the province during the storm Saturday, and an eighth killed by a falling tree branch in the storm’s aftermath on Sunday.

A ninth person died Saturday when the boat she was in capsized on the Ottawa River near Masson-Angers, Que.

The widespread damage prompted the Ontario towns of Uxbridge, north of Toronto, and Clarence-Rockland, east of Ottawa, to declare states of emergency.

Prime Minister Justin Trudeau said in a statement Sunday that the federal government stands ready to provide support if needed.

David Sills, executive director of the Northern Tornadoes Project at Western University, said wind speeds from the storm could have reached much higher than the 132 kilometres an hour measured by Environment and Climate Change Canada, given the concentrated damage.

Teams from the project travelled to the Uxbridge area as well as to southern Ottawa to assess whether they were hit by tornados, but the project issued a tweet on Monday saying it will require a thorough analysis before classifying the event given the complexity of the damage.

© 2022 The Canadian Press

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