HARD NUMBERS: Inflation keeps cooling, Trans Mountain oil embarks, Ontario’s unclaimed dead pile up, Biden’s polls get worse, Red Lobster gets cooked, Abortion on the ballot in the US

Canadian one dollar coins, also known as loonies, are displayed in Montreal, September 19, 2007.
Canadian one dollar coins, also known as loonies, are displayed in Montreal, September 19, 2007.
REUTERS/Christinne Muschi

2.7: Good news on the inflation front. Canada’s annualized consumer price growth fell by 0.1 points to 2.7% in April, the lowest level in two years. This marks the fourth consecutive month that inflation has been within the Bank of Canada’s target range of 1-3%, bolstering hopes that the regulator will begin rate cuts as early as this summer.

550,000: Call it a crude milestone … The first tanker to take cargo from the expanded Trans Mountain Pipeline is at Vancouver port this week, loading up with 550,000 barrels of Alberta oil destined for China. The pipeline expansion, which nearly triples the pipeline’s capacity to 890,000 barrels per day, finally opened this month after more than a decade of delays.

1,183: The number of unclaimed dead bodies in Ontario reached 1,183 last year, a nearly six-fold increase over the past decade. The coroner’s office says rising funeral costs are the reason for about a quarter of those instances. Over the past 25 years, the average price for a fancy eternal sendoff in Canada has risen almost 50% to $8,800.

36: New poll, same old worries for US President Joe Biden, who had just a 36% approval rating in May, according to a new study by Ipsos/Reuters. That’s down 2 points from April and ties with the lowest mark of his presidency, last reached in the summer of 2022. The top three issues for voters are the economy, the threat of political extremism, and immigration. Donald Trump, meanwhile, scored higher than the incumbent on the first and last of those issues.

20: Red Lobster is cooked. The half-century-old casual seafood dining chain, once one of America’s biggest restaurant businesses, filed for bankruptcy this week. Much of the media feasted on reports that a recent $20 all-you-can-eat shrimp promotion had pushed the famed Lobster into the Red, but experts pointed to destructive business decisions by the company’s succession of recent private equity and corporate owners.

11: As many as 11 US states could ask voters whether to enshrine abortion rights in their constitutions as part of the general election in November. So far, activists have succeeded in getting such measures on the ballot in South Dakota, Colorado, Florida, and Maryland. The measures are pending in Montana, Nevada, Arizona, Missouri, Arkansas, and New York.

More from GZERO Media

Open Call is the heart of Walmart’s $350 billion commitment to US manufacturing, supporting products made, grown or assembled in America. The pitch event represents a unique opportunity for selected entrepreneurs to meet face-to-face with Walmart merchants and earn a chance to get their products on store shelves nationwide. Last year, finalists from across the country represented 48 states, with entrepreneurs from over half these states receiving deals. It’s all a part of Walmart’s investment in American jobs and communities. Learn more about Walmart’s annual Open Call.

Five years ago, Microsoft set bold 2030 sustainability goals: to become carbon negative, water positive, and zero waste—all while protecting ecosystems. That commitment remains—but the world has changed, technology has evolved, and the urgency of the climate crisis has only grown. Earlier this month, they launched the 2025 Environmental Sustainability Report, offering a comprehensive look at the journey so far and how Microsoft plans to accelerate progress. You can read the report here.

Chinese Foreign Minister Wang Yi and Kiribati's President and Foreign Minister Taneti Maamau meet after the Third China-Pacific Island Countries Foreign Ministers' Meeting in Xiamen, China, on May 28, 2025.
Tian Yuhao/China News Service/VCG via Reuters Connect

Last week, something highly unusual was spotted off the coast of Japan. In an unprecedented show of naval power, two Chinese aircraft carriers were seen cruising together near the country’s easternmost islands of Minamitori and Okinotori—far out into the Pacific Ocean.

US President Donald Trump gestures after returning early from the G7 Leaders’ Summit in Canada, at Joint Base Andrews, Maryland, USA, on June 17, 2025.
REUTERS/Kevin Lamarque

US President Donald Trump declared that he wants to bring a “real end” to the Israel-Iran conflict, and urged citizens of Tehran to evacuate, sparking rumors that Washington is set to get involved.

- YouTube

As the Israel-Iran war intensifies, Iran is seeking an urgent ceasefire, facing overwhelming Israeli military air superiority. "They have virtually no capacity to strike back,” says Ian Bremmer in today’s Quick Take.

Memorial outside the Minnesota State Capitol in honor of Democratic state assemblywoman Melissa Hortman and her husband Mark, after a gunman killed them, in St. Paul, Minnesota, U.S., June 15, 2025.
REUTERS/Tim Evans

Minnesota’s massive manhunt ended Sunday with the arrest of 57-year-old Vance Boelter, accused of killing State Rep. Melissa Hortman and her husband, and injuring State Sen. John Hoffman and his wife.

Emergency personnel work at an impact site following a missile attack from Iran on Israel, in Tel Aviv, Israel, on June 16, 2025.
REUTERS/Ronen Zvulun

The war between Israel and Iran continued to escalate over the weekend, creating a dilemma for US President Donald Trump.