November 29th, 2024

Business

Tips for finding cheaper protein in the meat aisle and beyond

By Ian Bickis, The Canadian Press on January 26th, 2023

TORONTO – Widespread inflation has led to some eye-popping meat prices, but dietitians say there are budget-friendly ways to get enough protein. Saving money on these essential building blocks could involve both considering a wider variety of sources, and being more strategic when sticking to old favourites, but either way it’s key that everyone gets ... Read More »

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US economy slowed but still grew at 2.9% rate last quarter

By Paul Wiseman, The Associated Press on January 26th, 2023

WASHINGTON (AP) – The U.S. economy expanded at a 2.9% annual pace from October through December, ending 2022 with momentum despite the pressure of high interest rates and widespread fears of a looming recession. Thursday’s estimate from the Commerce Department showed that the nation’s gross domestic product – the broadest gauge of economic output – ... Read More »

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Toyota CEO Akio Toyoda to step aside, become chairman

By Mari Yamaguchi And Yuri Kageyama, The Associated Press on January 26th, 2023

TOKYO (AP) – Toyota set up a new leadership team Thursday in what the Japanese automaker said was a move to stay abreast of social changes like electrification and becoming a wider “mobility company.” Chief Executive and President Akio Toyoda, grandson of the company’s founder, will become chairman. He was prominent in the announcement and ... Read More »

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Montreal ‘smart factory’ aims to demonstrate potential of warehouse automation

By Jacob Serebrin, The Canadian Press on January 26th, 2023

MONTREAL – As a robotic arm at a Montreal demonstration facility attempts to pick up a small box, it senses that it doesn’t have a good grip, puts the package down, adjusts and tries again. The robot, at Deloitte Canada’s Smart Factory in Montreal, is not only operating on its own, picking differently sized items ... Read More »

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As the BoC takes a pause from hiking rates, all eyes are on the labour market

By The Canadian Press on January 26th, 2023

OTTAWA – As the Bank of Canada takes a pause from raising interest rates to assess the effects of higher borrowing costs on the economy, economists will be paying close attention to how the labour market is affected. On Wednesday, the central bank raised its key interest rate for the eighth consecutive time and said ... Read More »

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Sawmill permanently closing as Canfor restructures B.C. operations

By The Canadian Press on January 25th, 2023

VANCOUVER – Canfor Corporation says it is “restructuring” its operations in British Columbia, permanently closing one sawmill and shuttering another for an extended period amid plans to build a new wood manufacturing facility. A statement Wednesday from the Vancouver-based company says the sawmill and pellet plant in Chetwynd, B.C., north of Prince George, is expected ... Read More »

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Donald Trump to be allowed back on Facebook after 2-year ban

By Barbara Ortutay And Jill Colvin (), The Associated Press on January 25th, 2023

Facebook parent Meta said Wednesday it will restore former President Donald Trump ‘s personal account in the coming weeks, ending a two-year suspension it imposed in the wake of the Jan. 6 insurrection. The company said in a blog post it is adding “new guardrails” to ensure there are no “repeat offenders” who violate its ... Read More »

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Coastal GasLink fined again for sediment, erosion in pipeline work

By The Canadian Press on January 25th, 2023

VICTORIA – The company that is building a natural gas pipeline across northern British Columbia has been fined for a third time as a result of failure to comply with the requirements of its environmental assessment certificate. The B.C. government issued a bulletin saying Coastal GasLink has been fined $213,600 for “continued deficiencies with erosion ... Read More »

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Industry committee delves into Rogers-Shaw deal as fate rests with Minister Champagne

By The Canadian Press on January 25th, 2023

OTTAWA – Key players and close watchers of Rogers Communications Inc.’s proposed takeover of Shaw Communications Inc. shared their views on the $26-billion deal at a House of Commons committee Wednesday as Industry Minister François-Philippe Champagne deliberates on its fate. Critics of the deal, including academics and competitors, used the industry and technology meeting to ... Read More »

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Donald Trump is reinstated to Facebook after 2-year ban

By Barbara Ortutay And Jill Colvin (), The Associated Press on January 25th, 2023

Facebook parent Meta is reinstating former President Donald Trump’s personal account after two-year suspension following the Jan. 6 insurrection. The company said in a blog post Wednesday it is adding “new guardrails” to ensure there are no “repeat offenders” who violate its rules. “In the event that Mr. Trump posts further violating content, the content ... Read More »

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Border agencies in Canada, U.S. detail how new Nexus trusted-traveller plan will work

By James McCarten, The Canadian Press on January 25th, 2023

WASHINGTON – Canada and the United States are laying out the details of their new bilateral workaround for the Nexus trusted-traveller system. The biggest change, to take effect in the spring, will allow U.S. border agents to interview Nexus applicants at select Canadian airports before boarding a U.S.-bound flight. That will happen only after applicants ... Read More »

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