B.C. blueberries are going to China

A weekly roundup of news and views on money, markets, the economy (and more)

B.C. blueberries are going to China. Canada recorded a near-record trade deficit in May, but thanks to an agreement announced last year, B.C. blueberry exports to China will start this season, which could lead to $65 million in exports each year. British Columbia produces 96 per cent of the country’s cultivated high-bush blueberries. (Globe and Mail)

Is NewLeaf discount airline in financial difficulties? After a number of failures to launch, several business consultants say NewLeaf owes them money and they’re haivng trouble collecting. (CBC)

Why Canadians support plans to expand the CPP. A new poll finds shrinking access to workplace pensions and the perception of undersaving appear to motivate Canadians of all ages to support government action on this file. (Angus Reid)

What playing Monopoly can teach central bankers about credit. Billionaire bond investor Bill Gross says collecting $200 when you pass Go ensures expansion at the start, but because the amount is fixed and doesn’t grow, it eventually leads to stagnation and bankruptcies. (Bloomberg

The tech industry’s lack of diversity affects what problems it prioritizes solving, what companies are deemed worth funding, what the future of technology will look like—and who gets the biggest benefit from it. (Quartz)