CBUT - Friday, May 24, 2024 - 09:00 a.m. (ET) - Segment #3

best business reporter ever chris to leave him again is here with a business report. >> I appreciate that. It's a good track. Lauryn hill is the goat. >> Amy: I know. >> When they announced the lists I'm like, I disagree but this time I'm on board. Let's start with developing news about the grocery sector in canada. The competition bureau launched investigations into the parent companies of grocery chains loblaw's and sobeys for alleged anticompetitive conduct. The commissioner of competition says there is reason to believe that the firms use so-called property controlled limits, rick to roast -- limit grocery retail competition. The commissioner claims the controls that the grocery giant spake into their lease agreements are designed to restrict other potential tenants , and a tampering competition. The competition bureau revealed its investigation into the use of property controls in the grocery sector in february and the commissioner's probe is focused on the company's operations in halifax, but more broadly across the country. Sobeys owner called the inquiry waffle and it comes as major grocers have been under a lot of public and political pressure, as food prices have risen by double digits over a handful of years. >> Amy: your next story is a shakeup at a canadian-based clothing company, gildan activewear. >> That's right. The ceo and board of directors have all resigned as head of the's annual meeting on tuesday. This paves the way for the company's cofounder to return as chief executive. Gildan is a major apparel supplier for companies like amazon and target and also owns american apparel. Several major shareholders have been trying to reinstate the former ceo after he was pushed out last year. At the time, the company said he had no credible long-term strategy for the company and lost the board's trust and confidence. Activist shareholder browning west and other shareholders have proposed a new slate of board of directors for the election next week and the departure of the board is an apparent concession that a majority of the shareholders favour browning west instead. So while the outgoing board says it ended previously announced discussions about a potential sale of the company. The company says shareholders have made their views clear and the outgoing directors believe it is in the best interest for them to resign. >> Amy: what is happening in the markets this morning? >> In europe, markets are lower and the interest rate outlook is waiting on it. Germany, the uk and france are down. And asia stocks are down after wall street tumbled amid rate worries. Japan, shanghai and hong kong are down. Oil is down 35 cents to $76.52 U.S. per barrel, gold up $4.20, and the dollar is up almost a tenth of a cent to 72.93 cents U.S. >> Thank you so much, we will touch base with you again in an hour. >> Sounds good, thanks. >> Amy: that was krystalle ramlakhan with her business news. She will be back at 7:25. Joining me now is charlie cho with a look at the roads. >> Charlie: the good news in surrey, a westbound crash on 64th near 103rd -- 132nd street has been close -- cleared. Volume is building on the roads, northbound flow on highway 91. Weatherwise, a light rain shifting to a mainly cloudy weather with a 6 percent chance of showers. Full showers this evening. Expect a high of 14 and a low of nine. >> Amy: thank you very much charlie. We want to hear from you. Apple music announcing lauryn hill, the miseducation of lauryn hill as the top album of all time. Those are kind of fighting words. We will have a look at the -- sorry, at news. [ ] [ ] [ ] >> Good morning, I'm charis hogg. It's lightly raining at 11 degrees in vancouver and victoria. A judge has given the provincial government a win in the

long-running dispute with the city of surrey over policing, but as liam britten reports, surrey's mayor is not yet conceding the legal or political fight. >> Reporter: a bc supreme court judge upheld changes to bcs police act, forcing surrey to switch from mounties to a municipal force for law enforcement. Hours after the justice's decision came down, mayor brenda locke spoke to reporters. >> I would respect the decision of the honourable justice and I do. >> Reporter: so is the back and forth over? >> However... >> Reporter: hard to say. She says the court indicated claims of onerous costs for surrey taxpayers. $75 million each year for the new for. >> All this information only came to light as a result of the cities court challenge. >> Reporter: adding council will consider next steps. >> I've not said we are going to appeal and I have not said we won't appeal. >> Reporter: premier david ev says the province will help with cost. >> Close the chapter and move on. The longer the transition takes, the more it costs. >> Reporter: law claims hurt council opponents find a cost acceptable and so to the surrey ndp mlas. Liam britten, cbc news, vancouver. >> Charis: many tickets were at resale for lower than face value for the vancouver whitecaps inter- miami game at bc place. This because several soccer stars, including lionel messi, won't be in the lineup for inter- miami. Many fans are expressing their just pointed online, pointing to the bc place turf field as a possible reason. The whitecaps say they will still make a game especially in and it will include a large straight party, and in stadium food and drinks will be 50 percent off. >>> Changes could be coming to canadian citizenship illegality -- eligibility, rather, following a court order. The federal government introduced new legislation that would expand citizenship by descent in the first generation. >> We are a country that supports human rights, equality and respect for all people. >> Reporter: federal immigration minister marc miller says if passed, bill c70 will -- c71 will extend citizenship to children born outside the country to a canadian parent who was born abroad, a change from the current rules that limit citizenship to the first-generation. >> I think the narrative of folks staying and living in one country for their entire lives is not a reality anymore. >> Reporter: this berm -- burnaby immigration and refugee lawyers has for his clients, the new rules would alleviate a lot of stress and high costs associated with the often drawnout immigration process. >> We are trying to make canada more attractive and welcome people home and encourage folks to come here. >> Reporter: c71 would give citizen rights to children born since 2009, and will expand access to children born overseas , and adopted by canadian parents beyond the first-generation. Cbc news, vancouver. >> Charis: several artifacts were returned to a first nation thursday from the royal bc museum in victoria. The event marks another milestone for the nation, as it works toward reclaiming its history. Clair palmer has more. >> Reporter: nearly 100 items were returned, the objects from a number of areas across what is now at nanaimo. The chief says it is like bringing the ancestors home. >> They belong here for our people and the spirit of the items is throughout our people and we are happy that they are here now. >> Reporter: the items were displayed as part of the royal bc museum indigenous can -- collection. The museum says it's been working toward returning items to many nations across the province. Elizabeth peterson is the director of the indigenous collection and repatriation to part of the museum. >> So thankful and honoured to be witnessing the returning home of this nation's belongings here today. It really is the importance of the work and the need of the work. >> Reporter: he says he anticipates further items to be returned in the future and estimates thousands were taken over the years. Claire palmer, cbc news,. >> Charis: international students are more likely to live in unsuitable housing compared to their canadian born counterpart to hit -- according to federal data. This former international student is it student outreach worker in surrey. >> Students are saying they are unable to find the proper accommodation. The houses are not clean. And they don't have the privacy as well. Sometimes the houses had the entrance from the landlord as well. He did not ask them can they come inside. >> Reporter: surrey has one of the highest rates of students in poor conditions based on numbers from the 2021 senses. It is 6:35 and that's cbc news. >> Amy: thank you so much. We have been talking a lot about the top album of all time. I usually don't put much stock

in these lists but because I love lauryn hill I will say yes, top album of all time is the miseducation of lauryn hill. >> People will disagree. >> Of course, you can't actually pick a top album and have everyone agreed. It is just an impossibility. >> And there's top albums, if I'm feeling sad. Top albums if I'm in a good mood. If I'm feeling sassy. >> Absolutely. >> Any top for you? >> Oh man, probably. I would have ten tops. >> Sorry. >> I would have ten top but I agree that the miseducation of lauryn hill is a great record. Why not? Go with that. Fan favourite. However, if you have a different idea, if you firmly disagree or have an album that is near and deer to your heart, text us at (236) 330-2623 or e-mail us, earlyed@cbc.ca. Just wanted idea of people's definition of best album of all time. And charlie cho, best traffic of all time? No? All right, what have we got. >> Charlie: no major incidents on the road, volume is building in surrey. Westbound flow on king george boulevard from bridgeview drive to the pattullo bridge. Westbound volume on highway one for the port mann bridge. Light rain shifting to cloudy weather with a 6 percent chance of showers and full showers this evening. Temperatures will hit a high of 14 and a low of 9. If you want to text us about the roads and not just favourite albums, (236) 330-2623. [ Laughter ] >> Amy: fair enough. Thank you very much. Charlie cho. Coming up, she lost her childhood and so much more. Don't get in the way of her. Eli glasner has your first look at the mad max prequel coming right up. And for a look at what is developing in national and international news, I'm joined by peter cowan as the host of world today -- the host of world report, today. Good morning, peter. >> Good morning, amy. >> Amy: what is the top story you are working on this morning? >> One-story we are keeping an eye on is the world court in the hague. They are right in the middle of issuing a ruling on whether israel needs to hold its invasion of rafah. A few minutes ago the justices order the invasion to stop saying there was a risk of irreparable damage to the rights of people in gaza. That is still happening, so we will have the latest for the next edition of world report. And we have a story that will probably make you look up a little. You know the saying, what goes up must come down? >> Amy: I do. >> We talk a lot about sending all these things in to space, but what happens when they start coming down again? There was a farmer in saskatchewan -- of a spacex rocket it's pretty big. It's a view metres by a metre and a half or so. We are looking at the issue of space junk and why we are now seeing a lot more of it coming down the we used to, and in fact, we talked to an expert about the likelihood of someone actually being killed by space junk. It is not bad if it's in a farmer's field, that's okay. It's what happens if it falls over a city? And in fact, recently in florida, a piece of junk went through the roof of a house. Fortunately no 1 was injured but a little too close for comfort. So traffic was already something you needed to worry about, now maybe start looking up a little bit. What are you going to do to stop it? >> Amy: of such is life. I'm just adding to the list of things that I will worry about as I'm trying to fall asleep every night. [ Laughter ] >> You are welcome. >> Amy: thank you so much, peter. Have a good day. >> You too. >> Amy: peter cowan is the host of world report today, filling in for marcia young. You can hear his full newscast coming up in about 20 minutes. And as we have been hearing, litigation over the surrey policing transition has swung in the province's favour. A bc supreme court judge has dismissed mayor brenda locke's attempt to stop the transition to the surrey police service. The decision was announced yesterday by public safety minister mike byrne warrants. The city argued the minister was impeding the will of surrey voters, since they elected mayor brenda locke on her promise to keep the rcmp. However, the judge ruled the province's authority over the city with respect to policing remains valid. Surrey mayor brenda locke responded to the announcement yesterday. >> Of course we respect the decision of the court.

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