November 28th, 2024

Business

Giller Prize to stick with Scotiabank as sponsor, despite mounting calls to drop it

By The Canadian Press on July 11th, 2024

TORONTO – The Scotiabank Giller Prize won’t drop its lead sponsor, despite mounting pressure from some high-profile members of the literary community. Giller executive director Elana Rabinovitch says the board discussed the calls to cut ties with Scotiabank over its investment in an Israeli arms manufacturer, but they ultimately decided to stick with the bank. ... Read More »

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Nelly Furtado sets September release date for long-awaited seventh studio album

By David Friend, The Canadian Press on July 11th, 2024

Nelly Furtado’s comeback train is making a pit stop at lucky No. 7. The pop hitmaker and Victoria native has marked Sept. 20 for the release of her seventh studio album, which she’s appropriately named “7.” Her record label describes the long-awaited project as “four years of artistic discovery” that followed a period when Furtado ... Read More »

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How many doctors are there in Canada? Government announces projects to find out

By The Canadian Press on July 11th, 2024

OTTAWA – The federal government has answered years-long calls from doctors and nurses to tally and research the number of health workers in Canada with a $47 million funding announcement. The money is being divided among research groups that aim to collect and study data on Canada’s health workforce, which has been difficult to gather ... Read More »

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Writedowns, slow Canadian rebound weigh on MTY Food Group’s second quarter

By The Canadian Press on July 11th, 2024

MONTREAL – MTY Food Group Inc. reported its second-quarter profit fell 10 per cent compared with a year ago as its sales edged lower. The restaurant franchisor and operator of food-court favourites such as Jugo Juice, Pinkberry and Wetzel’s Pretzels reported $27.3 million in net income attributable to owners or $1.13 per diluted share for ... Read More »

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B.C. should explore non-prescribed alternatives to fentanyl to combat crisis: Henry

By The Canadian Press on July 11th, 2024

VICTORIA – A report from B.C.’s provincial health officer recommends the province expand its “safer supply” program to prevent overdoses, including allowing access to alternatives to unregulated drugs without a prescription. Dr. Bonnie Henry says in her latest report on the overdose crisis that efforts centred on drug prohibition have not only failed to control ... Read More »

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Houston utility says 500K customers still won’t have electricity next week as Beryl outages persist

By Nadia Lathan, The Associated Press on July 11th, 2024

AUSTIN, Texas (AP) – About 500,000 customers still won’t have electricity into next week as wide outages from Hurricane Beryl persist and frustration mounts over the pace of restoration, an official with Houston’s biggest power utility said Thursday. Jason Ryan, executive vice president of CenterPoint Energy, said power has been restored to more than 1 ... Read More »

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S&P/TSX composite up more than 150 points, U.S. stock markets mixed

By The Canadian Press on July 11th, 2024

TORONTO – Canada’s main stock index was up more than 150 points, helped by strength in the telecom, utility and energy sectors, while U.S. stock markets put in a mixed showing in late-morning trading. The S&P/TSX composite index was up 157.18 points at 22,507.41. In New York, the Dow Jones industrial average was up 79.59 ... Read More »

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Lawsuit filed in case of teen who died after eating spicy chip as part of online challenge

By Michael Casey, The Associated Press on July 11th, 2024

BOSTON (AP) – A lawsuit was filed Thursday in the case of a Massachusetts teen who died after he participated in a spicy tortilla chip challenge on social media. Harris Wolobah, a 10th grader from the city of Worcester, died Sept. 1, 2023, after eating the Paqui chip as part of the manufacturer’s “One Chip ... Read More »

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‘Make a day out of it’: How to save money on cross-border shopping

By Rosa Saba, The Canadian Press on July 11th, 2024

For Richard Khairov, a shopping trip to the U.S. is a short drive – two hours or less – from his home in Richmond Hill, Ont., just north of Toronto. It’s worth the time: Khairov says he can buy many products he can’t find in Canada, and in some cases, he is able to save ... Read More »

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RBC makes changes to executive suite after HSBC acquisition

By The Canadian Press on July 11th, 2024

TORONTO – Royal Bank of Canada is making changes to its executive suite and splitting its personal and commercial banking division into two groups following its acquisition of HSBC Bank Canada earlier this year. The bank says the changes, effective Sept. 1, better position it to take advantage of its scale and speed up decision ... Read More »

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Telus tells Ontario call centre workers to relocate or risk losing their job

By The Canadian Press on July 11th, 2024

Telus Corp. has informed around 150 call centre employees based in Ontario they must relocate by October, apply for another role or agree to be laid off. The union representing those workers, United Steelworkers Local 1944, says it was informed Tuesday that affected employees would have the option of working in Montreal, calling it a ... Read More »

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