Plus, what’s next following the Rogers outage, Jane and Finch residents fear gentrification, and interest rates are affecting Toronto’s affordable housing projects [The Star] First Up [By Ashley Okwuosa] By Ashley Okwuosa Good morning. If you’re looking to end the weekend with some time outside, [here’s a list of the top 5 GTA hiking routes](. Here’s the latest. MUST READS
Susan Kao/Toronto Star Illustration STAR INVESTIGATION [Here’s how Canada’s largest supermarkets are making a hefty profit off your grocery bill]( Is your grocery bill starting to look like a telephone number? A Toronto Star investigation found that Canada’s three largest supermarket chains, Loblaw Companies Ltd., Empire Company Ltd. (which owns Sobeys) and Metro Inc. (which owns Food Basics) are profiting from inflation. A deep dive into their financials suggests these grocers are raising prices more than they have to and pocketing the difference, reports Marco Chown Oved. [Read the Star’s investigation into rising supermarket costs here](.
Metroland/Graham Paine ROGERS SERVICE DISRUPTION [Following the Rogers outage, here’s what to expect moving forward]( Phones across Canada buzzed back to life yesterday as Rogers restored service after one of the worst telecommunications outages the country has ever seen. Experts and advocates are calling for Canada’s telecom regulator to investigate the outage and take a closer look at all communications providers in the country. Some companies are preparing for another potential outage. [Here’s what’s next following the Rogers service disruption](.
R.J. Johnston/Toronto Star HOUSING [Jane and Finch residents fear new LRT will bring gentrification]( The massive 18-stop, 11-kilometre Finch West light rail transit (LRT) line will likely increase land prices and jump-start transit-oriented development in the underinvested and neglected Jane and Finch neighbourhood when it finishes next year. However, many fear the LRT will lead to sky-high rent prices and gentrification, leaving local residents out in the cold. One community organizer and longtime resident told the Star, “[redevelopment] must benefit the collective community, not just new folks moving in.” [Read Donovan Vincent’s reporting on how the new LRT will impact Jane and Finch residents](.
The Canadian Press ECONOMY [Canada's economy is on fire. Why doesn't it feel that way?]( Canada will likely enter a moderate and short-lived recession in 2023, with higher unemployment and a shrinking economy — but the unemployment rate just dropped to its lowest ever, 4.9 per cent. So what exactly is happening? One wave of overheated growth and ensuing inflation is crashing into an oncoming wave of higher interest rates, global slowdown, and general uncertainty, writes Heather Scoffield. [Read more about what we can expect from the economy in the coming months](.
R.J. Johnston HOUSING [Rising interest rates could jeopardize Toronto’s affordable housing projects]( An affordable housing development proposed at the site of the former Malvern Emmanuel United Church in Scarborough might be in jeopardy as interest rates rise. Other projects across the city are also at risk, as Mayor John Tory expressed “deep concern” about the fate of Toronto’s affordable housing during last month’s city council meeting. “These projects can’t proceed if the numbers don’t work,” Tory said on June 15. “We need this housing. We know that.” [Read more about what rising interest rates mean for Toronto’s housing projects](. UP CLOSE
Dorota Pankowska Designer Dorota Pankowska loves to make the mundane magical through her designs, like push pins moulded to look like chewing gum. In an [interview with Briony Smith]( Pankowska shares the inspiration behind her products and online novelty store, Wask. LISTEN TO THIS
Kate Green, Getty Images/Scott Garfitt, AP/YouTube/Chris Saraiva/Felice Trinidad We’re a little over halfway through the year, but it’s never too early to list 2022’s best albums so far. Here’s a list of the [11 albums of the year]( the Star thinks you should add to your playlist. Thanks for reading. You can reach the First Up team at [firstup@thestar.ca](mailto:firstup@thestar.ca?source=newsletter&utm_source=ts_nl&utm_medium=emailutm_email=6C53B63A8E3FAD70AD4EF13004527437&utm_campaign=frst_133887), and Manuela will see you back here Monday. [The Star]( If you're not enjoying these emails, please tell us how we can make them better by emailing newsletterfeedback@thestar.ca. Or, if you'd prefer, you can unsubscribe from this newsletter by clicking the first link below. [Unsubscribe From This Newsletter]( [Sign Up for More Newsletters and Email Alerts]( [Become a Star Subscriber]( [View in Browser]( [Facebook]( [Instagram]( [Twitter]( Toronto Star Newspapers Limited.
One Yonge Street, 4th Floor, Toronto, ON M5E 1E6. 416-367-2000
[PRIVACY POLICY](