Business

Canadian inflation rate comes in at 2% in August, Consumer Price Index shows

Canada’s rate of inflation rose two per cent in August on a year-over-year basis, Statistics Canada said in its Sept. 17 Consumer Price Index report. That’s the lowest pace of inflation reported since February 2021. It’s also far lower than...

Nov 25, 2024 | Business

We will be lost without you:’ Legendary Whitby chocolatier Williams Chocolate Factory closing doors for...

A legendary Whitby chocolatier that makes and sells its own products and has been a fixture in Whitby for nearly 40 years is closing its doors for good on Friday, Nov. 8. Williams Chocolate Factory, a family-owned business, has been...

Nov 25, 2024 | Business

Elon Musk, telecom disrupter? How Starlink’s $92-million Ontario internet deal could open the door to...

Elon Musk, champion of Canadian consumers? Not exactly. But the Tesla founder’s satellite service Starlink, which was announced last week as the winner of a $92 million provincial government contract to provide high-speed internet service to 15,000 customers in rural...

Nov 25, 2024 | Business

UNIVERSITY OF TORONTO: ‘The next big step’: U of T researchers pursue a treatment for...

University of Toronto issued the following announcement on Jan. 5. It takes only a fraction of a second for light to travel through your eye to create an image in the brain, enabling you to see these words on your...

Nov 25, 2024 | Business

Do you qualify for Trudeau’s newly proposed $250 tax rebate for Canadians? Here’s what we...

Hard-working Canadians may be excited to learn they may be getting a bonus of $250 in their bank accounts in the springtime. News that some workers will get $250 back from the federal government was shared in a news release on Nov....

Nov 25, 2024 | Business

Frozen chicken sold at Amazon, Sobeys, Foodland, FreshCo, Safeway

Various brands of frozen breaded chicken products have been recalled across Canada due to pieces of metal. The Canadian Food Inspection Agency (CFIA) posted a recall notice about the frozen breaded chicken dated Nov. 14. Compliments, Great Value, Janes, no name...

Nov 25, 2024 | Business

Where should Canada look to improve its housing situation? The answer may shock you

Housing experts who have long promoted moving new home construction from suburbs to urban centres are calling for a similar approach to policy, saying several ideas currently percolating on the fringes of society in Canada have proven successful elsewhere and...

Nov 4, 2024 | Business

In an e-commerce world, what does the future of malls look like in the GTA?

At a panel celebrating Yorkdale’s 60th anniversary outside the mall’s soon-to-be-built Simon’s department store, Holt Renfrew CEO Sebastian Picardo marvelled at the mall’s breadth of offerings, reminding the audience that it’s place “you can buy lipstick and a car.” Picardo, Simon’s CEO...

Oct 30, 2024 | Business

Charles, the Toronto Zoo’s western lowland silverback gorilla, dies at 52

Charles, a western lowland silverback gorilla, died this week at the Toronto Zoo. He was 52 years old, and had been at the zoo for five decades. (@TheTorontoZoo/X) The Toronto Zoo says its 52-year-old western lowland silverback gorilla, Charles, died...

Oct 30, 2024 | Business

This foreign worker says he paid his own wages for a cook position that didn’t...

This foreign worker says he was involved in a complex immigration scheme involving his employer, Turtle Jack’s Muskoka Grill in Oakville, Ont. The restaurant’s parent company says it has given the owner of the restaurant 90 days ‘to leave the...

Oct 30, 2024 | Business