Summer travel is on the agenda this week as FP Video looks at where Canadians are spending their vacations and the state of the airline industry, which is benefitting from robust demand despite higher air fares. We check in on the restaurant industry and look at Meta Platforms Inc.’s plan for a massive data centre in Alberta.
‘Travel bubble’ looms for Canadian airlines
John Gradek, travel expert at McGill University, tells Financial Post’s Larysa Harapyn that it is only a matter of time until Canada’s travel bubble bursts.
Canadians feel patriotic with summer travel plans
Beth McMahon, chief executive of Hotels Canada, talks about how most Canadians are planning to travel domestically this year.
Restaurants feeling financial pressure from all angles
Kelly Higginson, chief executive of Restaurants Canada, talks with Harapyn about the current state of the restaurant business in Canada.
Meta reveals $13-billion data centre in Alberta
The company behind Facebook and Instagram is building a data centre campus north of Edmonton — the largest in Canada — geared toward supporting artificial intelligence. Watch to learn Meta’s and Alberta’s take on the project.