November 28th, 2024

Business

Winnipeg police say new program aimed at curbing retail theft is working

By The Canadian Press on July 10th, 2024

WINNIPEG – The Manitoba government is putting up $1.1 million dollars for a plan to address a rise in retail theft and violent crime in some parts of Winnipeg. The program was announced, with few details, in May as a way to pay for police to work overtime in hot spots such as retail stores ... Read More »

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Saskatchewan puts moratorium on wild boar farms, toughens regulations

By The Canadian Press on July 10th, 2024

REGINA – The Saskatchewan government has put a moratorium on new wild boar farms, after decades of expanding feral swine populations. The province also says existing farms will require licensing and regular inspection. Toby Tschetter, the chair of Sask Pork, says the regulations will help the industry respond to animal escapes and potential disease outbreaks. ... Read More »

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‘Personal assistant and a watchdog’: How credit monitoring works after a data breach

By Rosa Saba, The Canadian Press on July 10th, 2024

Credit monitoring isn’t just for your credit score – it can also alert you to potential identity theft and fraud if your data has been compromised in a breach,as many Ticketmaster customers were warned earlier this week. If your data has been accessed as part of a breach, it may be exposed for fraudsters to ... Read More »

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Transit company Keolis North America signs deal to double size of Canadian operations

By The Canadian Press on July 10th, 2024

TORONTO – Transit company Keolis North America says it has signed a deal that will see the company double the size of its Canadian operations. Under the agreement with Student Transportation of America, the company will acquire the Pacific Western Transportation transit and motorcoach businesses. Financial terms of the transaction were not immediately available. The ... Read More »

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More auto insurers could exit Alberta without system reforms: DBRS

By The Canadian Press on July 10th, 2024

CALGARY – A major global credit rating agency says Alberta must come up with a “clear long-term solution” to its auto insurance woes or additional insurers will depart the province. DBRS Morningstar says it believes other insurers may follow on the heels of Sonnet and Aviva subsidiary S&Y, both of which recently announced plans to ... Read More »

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Alberta’s auditor finds province’s surface water management ineffective

By The Canadian Press on July 10th, 2024

EDMONTON – Alberta’s auditor general says the province’s system for managing surface water is ineffective and not set up to deal with changing conditions. Doug Wylie says in a report that Alberta Environment and Protected Areas has no water conservation objectives in most of its basins. The report says the government doesn’t know if existing ... Read More »

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Powell stresses message that US job market is cooling, a possible signal of coming rate cut

By Paul Wiseman, The Associated Press on July 10th, 2024

WASHINGTON (AP) – Federal Reserve Chair Jerome Powell on Wednesday reinforced a message that the Fed is paying growing attention to a slowing job market and not only to taming inflation, a shift that signals it’s likely to begin cutting interest rates soon. “We’re not just an inflation-targeting central bank,” Powell told the House Financial ... Read More »

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How credit monitoring can protect consumers in the wake of a data breach

By The Canadian Press on July 10th, 2024

Credit monitoring isn’t just for your credit score – it can also alert you to potentially identify theft and fraud if your data has been compromised. This week, Ticketmaster offered Canadian customers affected by a recent security breach a year of free credit-monitoring services. The ticket sales platform emailed some customers this week to warn ... Read More »

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Astronauts confident Boeing space capsule can safely return them to Earth, despite failures

By Marcia Dunn, The Associated Press on July 10th, 2024

CAPE CANAVERAL, Fla. (AP) – Two astronauts who should have been back on Earth weeks ago said Wednesday that they’re confident that Boeing’s space capsule can return them safely, despite breakdowns. NASA test pilots Butch Wilmore and Suni Williams launched aboard Boeing’s new Starliner capsule early last month, the first people to ride it. Leaks ... Read More »

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Ford won’t budge on plan to have ready-to-drink cocktails sold in corner stores

By The Canadian Press on July 10th, 2024

TORONTO – Ontario Premier Doug Ford says he will not budge from his plan to have ready-to-drink cocktails sold at convenience and grocery stores across the province. Workers at the Liquor Control Board of Ontario went on strike last week and their union says wages are not the issue, rather they oppose Ford’s alcohol expansion ... Read More »

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CPP Investments buying 20% stake in European software company Team.blue

By The Canadian Press on July 10th, 2024

TORONTO – The Canada Pension Plan Investment Board is investing about $811 million for a 20 per cent stake in European company Team.blue, which helps simplify online business for entrepreneurs and small businesses. The transaction values Team.blue at about $7 billion. The software company says the new investment will support its growth strategy. Hafiz Lalani, ... Read More »

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