Business
Western Canada sweats in renewed heat wave, rivergoers told to avoid cheap floaties
By The Canadian Press on July 17th, 2024
CALGARY – As Western Canadians sweat under a renewed heat wave, crews in Calgary are scrambling to bail out rivergoers trying to stay cool on dime-store pink flamingo floaties. The Calgary Fire Department says most of the 50 calls it has responded to this month have been to rescue people stranded on the Bow River ... Read More »
1 responseWhat to know about insurance claims after Tuesday’s flash flooding in Ontario
By Rosa Saba, The Canadian Press on July 17th, 2024
TORONTO – Canadian homeowners are increasingly adding flood coverage to their insurance policies as extreme weather events become more common, according to the Insurance Bureau of Canada. And after Tuesday’s intense bout of flash flooding in southern Ontario, some residents may be finding out the hard way that their insurance doesn’t cover flooding – and ... Read More »
Be the first to comment!In ethics hearing about Liberal minister, business exec admits he lied to a reporter
By The Canadian Press on July 17th, 2024
OTTAWA – The chief witness in a parliamentary probe says he lied to a reporter when asked about ethics allegations against a federal minister. The Conservatives are digging into whether Employment Minister Randy Boissonnault kept doing business with a company he previously helped run even after he joined cabinet, which would violate ethics rules. The ... Read More »
Be the first to comment!Ontario restaurants struggle to procure booze as the LCBO strike continues
By Sharif Hassan, The Canadian Press on July 17th, 2024
TORONTO – When Larry McCabe learned of a looming strike by the province’s liquor store workers, he picked up just a few extra bottles for his two restaurants, thinking he would find other ways to keep the booze supply running. But nearly two weeks later, the Stratford, Ont., restaurateur said he’s struggling to serve his ... Read More »
Be the first to comment!The Body Shop International nears sale — but it doesn’t include the Canadian assets
By The Canadian Press on July 17th, 2024
The Body Shop International is in talks to be sold to a consortium backed by a British beauty tycoon, but right now the potential deal doesn’t include Canadian assets. The consortium is being helmed by Auréa, an investment firm in the cosmetics space led by Mike Jatania, who previously ran the business behind Lypsyl, Woods ... Read More »
Be the first to comment!Group in charge of Google’s $100M for news outlets lays out its governance model
By Mickey Djuric, The Canadian Press on July 17th, 2024
OTTAWA – The group Google asked to distribute $100 million to news outlets in Canada has publicly released its governance model, which it says focuses on sustainability, equity and innovation within the industry. The Canadian Journalism Collective submitted plans to Canada’s broadcasting regulator this week outlining the structure of the board that will ultimately oversee ... Read More »
Be the first to comment!Auto theft drops 17 per cent in six months, industry report finds
By Ritika Dubey, The Canadian Press on July 17th, 2024
TORONTO – Auto thefts were down 17 per cent during the first six months of 2024 compared with the same period last year, an insurance fraud prevention group said in its report. Équité Association said the drop can be attributed to multiple factors including increased border patrol and police collaboration, government action and better public ... Read More »
Be the first to comment!‘Pervasive environmental issue’: Microplastics levels high in Toronto-caught fish
By Jordan Omstead, The Canadian Press on July 17th, 2024
TORONTO – Fillets from fish caught along Toronto’s waterfront have up to 12 times more microplastics per serving than some common store-bought alternatives, newly published research suggests. While scientists are still trying to uncover whether microplastics pose a direct risk to human health, the study co-authored by researchers at the University of Toronto and Ontario’s ... Read More »
Be the first to comment!Trudeau outlines details of $30B, 10-year fund for public transit
By The Canadian Press on July 17th, 2024
OTTAWA – Prime Minister Justin Trudeau says applications are now open for a national transit fund that will include money for existing transit systems so they can expand, improve and modernize. The $30-billion, 10-year Canada Public Transit Fund has been in the works for months and was in the recent federal budget. That money will ... Read More »
Be the first to comment!Air Canada court ruling sees ex-maintenance workers aim for $100M in compensation
By The Canadian Press on July 17th, 2024
MONTREAL – Lawyers say Air Canada could have to pay more than $100 million in compensation to workers who lost their jobs at maintenance centres more than a decade ago. A 2022 ruling in Quebec Superior Court found the airline violated federal law by failing to keep three centres operational when Aveos – the contractor ... Read More »
Be the first to comment!S&P/TSX composite down more than 100 points Wednesday morning; U.S. markets mixed
By The Canadian Press on July 17th, 2024
TORONTO – Losses in the battery metals and technology sectors led Canada’s main stock index lower in late-morning trading on Wednesday, while U.S. stock markets were mixed. The S&P/TSX composite index was down 114.53 points at 22,880.86. In New York, the Dow Jones industrial average was up 85.57 points at 41,040.05. The S&P 500 index ... Read More »
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