October 23rd, 2017

Business

Here’s a look at the Trudeau government’s tax-proposal adjustments

By Andy Blatchford, The Canadian Press on October 19th, 2017

OTTAWA – The federal Liberal government announced several changes this week to the controversial suite of tax-reform proposals it introduced in July. Finance Minister Bill Morneau announced the changes to the tax plan following a 75-day consultation period that produced weeks of vocal opposition over the measures from small business owners, doctors, farmers and backbench ... Read More »

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Freshii CEO says growth still underway, but bottlenecks forced revised timelines

By The Canadian Press on October 19th, 2017

CALGARY – The CEO of healthy fast-food chain Freshii says bottlenecks in new markets, delays from major franchise operators and the setback at outlets in Target stores combined to force the company’s revised growth outlook late last month. Speaking at a small business conference in Calgary today, Matthew Corrin says the combination meant fewer outlets ... Read More »

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A timeline of the political troubles dogging Finance Minister Bill Morneau

By The Canadian Press on October 19th, 2017

OTTAWA – Here is a timeline looking at Finance Minister Bill Morneau’s handling of his personal assets since his appointment: Nov. 4, 2015: The newly appointed finance minister tells the CBC: “I resigned my position as chair of the firm that I was chair of before and I expect that all my assets will go ... Read More »

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Howard Carroll, lead guitarist for Dixie Hummingbirds, dies

By The Associated Press on October 19th, 2017

PHILADELPHIA – A lead guitarist for the influential and Grammy Award-winning gospel group the Dixie Hummingbirds has died in Philadelphia. Batchelor Brothers Funeral Services says Howard Carroll died Tuesday at an assisted-living facility at age 92. The Dixie Hummingbirds started as a quartet of students formed by James B. Davis in a Greenville, South Carolina, ... Read More »

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B.C.’s Greens put ride-hailing on legislature agenda with private member’s bill

By The Canadian Press on October 19th, 2017

VICTORIA – British Columbia’s Green party is taking its third run at bringing ride-hailing to the province. Green Leader Andrew Weaver has introduced a private member’s bill for the third time that would pave the way for transportation companies like Uber and Lyft to operate in B.C. Weaver is calling out the governing New Democrats ... Read More »

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Under fire, Morneau to sell $21M worth of shares, put assets in blind trust

By Andy Blatchford, The Canadian Press on October 19th, 2017

OTTAWA – Finance Minister Bill Morneau, under siege from relentless opposition attacks over how he handled his personal fortune when he entered government in 2015, went on the offensive Thursday with a promise to sell off tens of millions of dollars worth of shares in the family business that bears his name. At least $21 ... Read More »

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B.C. wineries join New Brunswick beer drinker in high court scrap over trade

By The Canadian Press on October 19th, 2017

VICTORIA – British Columbia wine industry complaints about interprovincial trade barriers will be heard in the Supreme Court of Canada as part of an appeal of a cross-border beer dispute in New Brunswick. Vancouver lawyer Shea Coulson says five B.C. wineries will argue as interveners in the case stemming from a 2012 incident when police ... Read More »

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The Cheesecake Factory will open Nov. 21 in Toronto’s Yorkdale mall

By The Canadian Press on October 19th, 2017

TORONTO – Cheesecake lovers near Toronto should save their appetites for November 21 when The Cheesecake Factory will open the doors at its first Canadian location. The U.S. chain, which serves dozens of different kinds of cheesecake, announced earlier this year that it would bring its restaurant to Toronto’s Yorkdale Shopping Centre this fall. Its ... Read More »

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Toronto stock market higher while U.S. markets mixed; loonie up

By The Canadian Press on October 19th, 2017

TORONTO – Canada’s main stock index moved higher today, with a boost coming from the gold sector and financials stocks, as the loonie strengthened. The S&P/TSX composite index advanced 35.84 points to 15,818.00. In New York, the Dow Jones industrial average was up 5.44 points to 23,163.04. The S&P 500 index edged up 0.84 of ... Read More »

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iPhone 8 appetite ‘anemic’ says Rogers CEO, as company prepares to sell iPhone X

By David Paddon, The Canadian Press on October 19th, 2017

TORONTO – The head of Canada’s largest wireless carrier said Thursday the appetite for the Apple iPhone 8 smartphone is “anemic” as the company gets set to take orders of the iPhone X next week. Rogers Communications Inc. CEO Joe Natale said on a conference call that the company will begin taking orders of the ... Read More »

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