Business

Saanich has opened nominations for the 2020 Enviromental Awards on March 5. (Black Press Media file photo)

Canfor plans to sell forest tenure in Mackenzie region of B.C. to two First Nations

Canfor has also agreed to sell its Mackenzie site, plant and equipment to Peak Renewables.

Saanich has opened nominations for the 2020 Enviromental Awards on March 5. (Black Press Media file photo)
A man fills up his truck with gas in Toronto, on Monday April 1, 2019. (Photo - Christopher Katsarov)

Canadians can expect higher gas prices from Ukraine war to kick in on Saturday

Experts say gas prices across the country should rise about five cents per litre this weekend

A man fills up his truck with gas in Toronto, on Monday April 1, 2019. (Photo - Christopher Katsarov)
One of Canada’s biggest food manufacturers has halted shipments to one of the country’s largest grocers in a extreme example of how inflation is impacting the food industry. Bags chips from PepsiCo’s Frito-Lay division are shown in New York in this June 15, 2007, file photo.THE CANADIAN PRESS/AP-Mark Lennihan

‘Not just about chips:’ Frito-Lay, Loblaw expose tension between suppliers, retailers

Situation has left the chip and snack food aisle of many Loblaw stores less full than usual

One of Canada’s biggest food manufacturers has halted shipments to one of the country’s largest grocers in a extreme example of how inflation is impacting the food industry. Bags chips from PepsiCo’s Frito-Lay division are shown in New York in this June 15, 2007, file photo.THE CANADIAN PRESS/AP-Mark Lennihan
Grant Frew, bar manager of Bushwakker, poses for a photo at Bushwakker Brewpub in Regina. The pub’s main room is for vaccinated and unvaccinated customers, but its banquet room is currently for patrons who have “immunodeficiency concerns, family health concerns or simply are not comfortable with the latest easing of health restrictions.” To enter the banquet room, patrons must provide proof of vaccination and identification. (File photo by The Canadian Press)

Vaccinated or non-vaccinated? Regina brew pub introduces vaccine-only section

‘We’re trying to dig ourselves out of this economic catastrophe that the pandemic has caused’

Grant Frew, bar manager of Bushwakker, poses for a photo at Bushwakker Brewpub in Regina. The pub’s main room is for vaccinated and unvaccinated customers, but its banquet room is currently for patrons who have “immunodeficiency concerns, family health concerns or simply are not comfortable with the latest easing of health restrictions.” To enter the banquet room, patrons must provide proof of vaccination and identification. (File photo by The Canadian Press)
EverGen Infrastructure Corp's Fraser Valley Biogas facility in Abbotsford, B.C. is shown in this undated handout image. A growing number of Canadian utility companies are investing in Renewable Natural Gas projects. THE CANADIAN PRESS/HO-EverGen Infrastructure Corp
*MANDATORY CREDIT*

‘Renewable natural gas’ boom coming, advocates say, as companies turn waste into fuel

FortisBC currently receives renewable natural gas from several suppliers

EverGen Infrastructure Corp's Fraser Valley Biogas facility in Abbotsford, B.C. is shown in this undated handout image. A growing number of Canadian utility companies are investing in Renewable Natural Gas projects. THE CANADIAN PRESS/HO-EverGen Infrastructure Corp
*MANDATORY CREDIT*
Bank towers are shown from Bay Street in Toronto’s financial district, on Wednesday, June 16, 2010. Investors watching bank earnings that start this week will be keeping a keen eye on any hints at how the institutions will fare with the two big trends this year: rate hikes and inflation. THE CANADIAN PRESS/Adrien Veczan

Outlook for interest rates, inflation are key trends as banks set to report earnings

The central banks of Canada and the U.S. are expected to start raising rates in March

Bank towers are shown from Bay Street in Toronto’s financial district, on Wednesday, June 16, 2010. Investors watching bank earnings that start this week will be keeping a keen eye on any hints at how the institutions will fare with the two big trends this year: rate hikes and inflation. THE CANADIAN PRESS/Adrien Veczan
A sign outside the Canada Revenue Agency is seen Monday May 10, 2021 in Ottawa. THE CANADIAN PRESS/Adrian Wyld

Another ‘unique’ tax-filing season opens in Canada amid pandemic challenges: CRA

CRA says it has not extended the tax filing deadline, which remains April 30 for most Canadians

A sign outside the Canada Revenue Agency is seen Monday May 10, 2021 in Ottawa. THE CANADIAN PRESS/Adrian Wyld
(Photo by The Canadian Press)

‘Renewable natural gas’ boom coming, advocates say, as companies turn waste into fuel

CALGARY — Chase Edgelow is on a mission to acquire vast quantities…

(Photo by The Canadian Press)
A sign outside a home indicates that it has been rented, in Ottawa, on Monday, March 1, 2021. THE CANADIAN PRESS/Justin Tang
A sign outside a home indicates that it has been rented, in Ottawa, on Monday, March 1, 2021. THE CANADIAN PRESS/Justin Tang
People ride an escalator at a shopping mall in Montreal, Saturday, January 15, 2022, as the COVID-19 pandemic continues in Canada. THE CANADIAN PRESS/Graham Hughes

Retail sales dropped 1.8 per cent in December to $57B, Statistics Canada says

Sales were down in eight of 11 subsectors, representing 62.9 per cent of retail trade

People ride an escalator at a shopping mall in Montreal, Saturday, January 15, 2022, as the COVID-19 pandemic continues in Canada. THE CANADIAN PRESS/Graham Hughes
Gas prices are displayed at an Shell station in Newcastle, Ont. on Wednesday Feb. 2, 2022. THE CANADIAN PRESS/Doug Ives

Inflation continues to outstrip wage growth as annual rate surpasses 5 per cent

Inflation rate of 5.1 per cent broke the 5 per cent barrier for the first time in 30 years

Gas prices are displayed at an Shell station in Newcastle, Ont. on Wednesday Feb. 2, 2022. THE CANADIAN PRESS/Doug Ives
A nurse draws the vaccine into a syringe at the Saskatoon Tribal Council run vaccination clinic inside SaskTel centre in Saskatoon, Sask., on Thursday, April 15, 2021. Saskatchewan has lifted its public health order that required residents to show a proof of COVID-19 vaccination or negative test to enter most businesses. THE CANADIAN PRESS/Kayle Neis
A nurse draws the vaccine into a syringe at the Saskatoon Tribal Council run vaccination clinic inside SaskTel centre in Saskatoon, Sask., on Thursday, April 15, 2021. Saskatchewan has lifted its public health order that required residents to show a proof of COVID-19 vaccination or negative test to enter most businesses. THE CANADIAN PRESS/Kayle Neis
Airbnb and other vacation-rental sites are now seeing an uptick in demand. (Tribune News Service)

Airbnb to pay $6M in double ticketing settlement; some customers to receive credit

If you booked an Airbnb between Oct. 31, 2015 to June 25, 2019 you could be eligible for a credit

Airbnb and other vacation-rental sites are now seeing an uptick in demand. (Tribune News Service)
Grocery store shelves await restocking early in the morning in Toronto on Friday March 13, 2020. THE CANADIAN PRESS/Frank Gunn

Supermarket theft rising, shoplifters more aggressive, warns grocery industry

Experts say thefts have become more brazen in recent months, reasons unclear

Grocery store shelves await restocking early in the morning in Toronto on Friday March 13, 2020. THE CANADIAN PRESS/Frank Gunn
This file photo Hyundai logo April 15, 2018, in the south Denver suburb of Littleton, Colo. Hyundai and Kia are telling the owners of nearly 485,000 vehicles in the U.S., Tuesday, Feb. 8, 2022, to park them outdoors because they can catch fire. (AP Photo, File)

Park outside: Hyundai, Kia recall vehicles due to fire risk

Problem is contamination in the antilock brake control module that can cause an electrical short

This file photo Hyundai logo April 15, 2018, in the south Denver suburb of Littleton, Colo. Hyundai and Kia are telling the owners of nearly 485,000 vehicles in the U.S., Tuesday, Feb. 8, 2022, to park them outdoors because they can catch fire. (AP Photo, File)
A WestJet Airlines Boeing 737 Max aircraft taxis to a gate after arriving at Vancouver International Airport in Richmond, B.C., on Thursday, January 21, 2021. THE CANADIAN PRESS/Darryl Dyck

Airlines cancel flights, call for restriction rollbacks despite glimmers of hope

‘It is disappointing that Canada remains stagnant in its approach’

A WestJet Airlines Boeing 737 Max aircraft taxis to a gate after arriving at Vancouver International Airport in Richmond, B.C., on Thursday, January 21, 2021. THE CANADIAN PRESS/Darryl Dyck
A worker smooths concrete at a construction site in Toronto, Thursday, Jan. 16, 2020. THE CANADIAN PRESS/Cole Burston

Statistics Canada says 200,000 jobs lost in January

Decrease marks the largest drop since January 2021, when the economy shed 207,800 jobs

A worker smooths concrete at a construction site in Toronto, Thursday, Jan. 16, 2020. THE CANADIAN PRESS/Cole Burston
People line up at the Toronto Premium Outlets mall on Black Friday for shopping sales during the COVID-19 pandemic in Milton, Ont., Friday, Nov. 27, 2020. THE CANADIAN PRESS/Nathan Denette

November economy pushed Canada past pre-COVID level for first time in 2 years

Statistics Canada says economy grew 0.6% in November, decline expected to start 2022

People line up at the Toronto Premium Outlets mall on Black Friday for shopping sales during the COVID-19 pandemic in Milton, Ont., Friday, Nov. 27, 2020. THE CANADIAN PRESS/Nathan Denette
The corporate logo of Teck Resources Limited is shown. THE CANADIAN PRESS/HO

Teck says coal sales fall below guidance as extreme cold in B.C. disrupts logistics

Cold weather disruptions have led to near-record inventories, could force production reductions

The corporate logo of Teck Resources Limited is shown. THE CANADIAN PRESS/HO
Governor of the Bank of Canada Tiff Macklem participates in a media availability at the Bank of Canada in Ottawa, on Wednesday, Dec. 15, 2021. THE CANADIAN PRESS/Justin Tang

Bank of Canada keeps key interest rate target on hold, but warns of looming hikes

Trendsetting rate has been at its rock-bottom level since the first wave of the COVID-19 pandemic

Governor of the Bank of Canada Tiff Macklem participates in a media availability at the Bank of Canada in Ottawa, on Wednesday, Dec. 15, 2021. THE CANADIAN PRESS/Justin Tang
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