Business
Empire expands partnership with anti-food waste app FoodHero beyond Quebec
By The Canadian Press on July 16th, 2024
MONTREAL – Canadian grocery company Empire is expanding its partnership with a Montreal-based app dedicated to mitigating food waste. FoodHero announced Tuesday that the partnership is significantly expanding to new regions, including Ontario, Atlantic Canada and Western Canada. The company says in a press release that shoppers will be able to access “deep discounts” on ... Read More »
Be the first to comment!Statistics Canada to release June inflation data this morning
By The Canadian Press on July 16th, 2024
OTTAWA – Statistics Canada is set to release the latest inflation reading for June this morning. In May, the agency reported inflation rose to 2.9 per cent year-over-year, driven higher by prices for services. Economists polled by Reuters are forecasting consumer prices rose 2.8 per cent in June compared with the same month last year, ... Read More »
Be the first to comment!Single-use plastic bags banned as next round of B.C. plastic regulations kicks in
By The Canadian Press on July 15th, 2024
VICTORIA – Plastic shopping bags and other single-use products are no longer available at British Columbia stores as the government implements the latest step in its plan to phaseout certain plastic items and keep harmful chemicals out of landfills. Businesses may no longer provide single-use plastic shopping bags, and they must charge a minimum of ... Read More »
Be the first to comment!North American stock markets extend rally as investors bet on Trump
By The Canadian Press on July 15th, 2024
TORONTO – North American stock markets continued their winning streak Monday, as investors’ growing confidence that former U.S. President Donald Trump may be heading back to the White House translated to fresh gains. The S&P/TSX composite index was up 78.16 points at 22,751.68. In New York, the Dow Jones industrial average was up 210.82 points ... Read More »
Be the first to comment!Stock market today: Wall Street rises to the edge of records as its momentum keeps rolling
By Stan Choe, The Associated Press on July 15th, 2024
NEW YORK (AP) – U.S. stocks rose to records as Wall Street’s momentum keeps driving it upward. The S&P 500 climbed TK% Monday to edge past its all-time high set last week. The Dow Jones Industrial Average rose TK points and also set a record, while the Nasdaq composite added TK% but finished just shy ... Read More »
Be the first to comment!CBC/Radio-Canada board approves bonuses for 2023-24, but will review performance pay
By Mickey Djuric, The Canadian Press on July 15th, 2024
OTTAWA – The board of directors for CBC and Radio-Canada has approved bonuses for some staff for work they did in the most recent fiscal year, despite members of Parliament saying it would be inappropriate to do so after hundreds of jobs were eliminated. The decision was posted on the public broadcaster’s website last month ... Read More »
Be the first to comment!Canadian Natural fined for not stopping birds from nesting on tailings pond island
By Bob Weber, The Canadian Press on July 15th, 2024
EDMONTON – A major oilsands producer has been fined after hundreds of birds, wolves and coyotes were exposed to toxins at one of its tailings ponds. The Alberta Energy Regulator has assessed a fine of $278,000 against Canadian Natural Resources Ltd. “CNRL’s contravention had a direct and severely negative effect on wildlife,” said the regulator’s ... Read More »
Be the first to comment!Tourism association calls for end to LCBO strike, says dispute hurting operators
By The Canadian Press on July 15th, 2024
The Tourism Industry Association of Ontario is calling for a swift resolution to an ongoing strike by the province’s liquor store workers, saying the labour dispute is affecting tourism operators during their peak season. Approximately 10,000 workers at the Liquor Control Board of Ontario walked off the job July 5 and the Ontario Public Service ... Read More »
Be the first to comment!CNRL fined for not stopping birds from nesting on tailings pond island
By The Canadian Press on July 15th, 2024
A major oilsands producer has been fined for not stopping birds from nesting on an island in one of its tailings ponds. Canadian Natural Resources Ltd. has been assessed the fine of $278,000 by the Alberta Energy Regulator. The regulator says the company knew by May 21, 2022, that more than 270 birds were nesting ... Read More »
Be the first to comment!Powell says Federal Reserve is more confident inflation is slowing to its target
By Christopher Rugaber, The Associated Press on July 15th, 2024
WASHINGTON (AP) – Chair Jerome Powell said Monday that the Federal Reserve is becoming more convinced that inflation is headed back to its 2% target and said the Fed would cut rates before the pace of price increases actually reached that point. “We’ve had three better readings, and if you average them, that’s a pretty ... Read More »
Be the first to comment!Outdoor watering ban in Calgary and area continues as crews test replacement pipe
By The Canadian Press on July 15th, 2024
CALGARY – The ban on outdoor watering in Calgary and surrounding communities is staying in place for at least the next few days. Calgary Mayor Jyoti Gondek says the ban will allow crews to safely stress-test the new pipe that replaced a ruptured water main. Gondek says by Thursday they will be able to reassess ... Read More »
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