Author: admin
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Alberta-based retailer hit by Canadians drinking less booze, smoking less weed
Canadians eased off booze and cannabis this spring, hitting an Alberta-based retailer with falling sales and a nearly $8-million loss. Revenue at SNDL Inc, headquartered in Edmonton, fell by about four per cent to $235.8 million, according to second-quarter results released Tuesday. If the name means nothing to you, the banners will. SNDL runs Wine…
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New York City offers discount to attract Canadians back
New York City is offering discounts to tourism and hospitality businesses as it looks to attract Canadian tourists back to the city. The city on Tuesday announced the summer travel incentive for Canadians called “ NYC’s Northern Neighbour Deal ,” which offers a 30 per cent discount at more than 85 participating hotels , Broadway…
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Carney draws Fink, Gray to exclusive investing summit in Toronto
Toronto will be teeming with movie stars in the middle of September as the city holds one of the world’s most prestigious film festivals. This year, the Hollywood types will be joined by some of the biggest names in global finance . Blackstone Inc. President Jon Gray, BlackRock Inc.’s Larry Fink and Barclays PLC chief…
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Major change to passport renewals rolls out across Canada. Here’s how it works
The Canadian government has announced that online passport renewal is now available to all eligible adult Canadians in Canada. The rollout follows a pilot program introduced in December 2024, which previously limited online passport renewals to a maximum of 2,000 applications per day. With the trial now complete, that daily cap has been removed. Announcing…
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Canadian family of four will pay $21K towards public heath care this year: report
The cost of public health care insurance has skyrocketed in this century, outpacing growth in the cost of food, shelter and even wages, according to a new report from the Fraser Institute. It notes that a typical family of four will pay more than $21,000 for public health care insurance this year, more than twice…
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Paper wedding invitations have returned. ‘We’re in this very throwback moment’
While planning a wedding, there is no shortage of decisions a couple has to make before their big day. From choosing the venue to picking vendors and setting the menu, nearly every aspect of the planning process involves selecting from an array of options. I know this because I’m planning my own wedding. Fortunately, I’ve…
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Harper-era cabinet minister Chris Alexander a late entry in Toronto mayoral race
The race to become Toronto’s next mayor is welcoming a late and potentially game-breaking candidate in former Conservative federal cabinet minister and long-time diplomat Chris Alexander. The 57-year-old, once Canada’s ambassador to Afghanistan (2003-2005) and an immigration minister under former Prime Minister Stephen Harper, had been rumoured to be considering a run and informally launched…
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Posthaste: Confident you can detect fraud? That may put you at risk
Canadians are growing increasingly confident in their ability to detect fraud, but their hubris may be putting them at risk. Nearly 90 per cent of Canadians are confident they can spot fraudulent activity, according to a recent survey from Toronto-Dominion Bank, but 41 per cent of respondents said they never consult resources or experts on…
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B.C. woman dies by MAID at 49 after young-onset Alzheimer’s diagnosis: ‘This was chosen for me’
A 49-year-old B.C. woman who documented her experience with young-onset Alzheimer’s disease has died after she was approved for medical assistance in dying (MAID). Rebecca Luna , a mother of two from Victoria, B.C., died at approximately 1:15 p.m. on July 25, according to a post on the TikTok account where she described the disease…
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After Ford soars 44% on AI fever, traders want proof it’s real
Two months after Ford Motor Co. became the latest old-economy manufacturer to be swept up in the artificial-intelligence rally, investors are looking for proof the enthusiasm was justified. Shares of the Michigan-based carmaker surged 44 per cent in May as investors bet its battery-storage business would benefit from soaring power demand for AI data centres…