Business

The corporate logo of Teck Resources Limited is shown. THE CANADIAN PRESS/HO

Teck Resources cutting steelmaking coal sales guidance after equipment failure

Elkview operations could be interrupted for one to two months while the repairs are made

The corporate logo of Teck Resources Limited is shown. THE CANADIAN PRESS/HO
A woman shops for produce at the Granville Island Market in Vancouver, on Wednesday, July 20, 2022. Food inflation remains stubbornly high in Canada as grocery prices climbed at the fastest clip in more than four decades last month. THE CANADIAN PRESS/Darryl Dyck

Grocery prices in Canada continue meteoric ascent, rising at fastest pace since 1981

As overall inflation moderated in August, cost of food rose 10.8 per cent compared to a year ago

A woman shops for produce at the Granville Island Market in Vancouver, on Wednesday, July 20, 2022. Food inflation remains stubbornly high in Canada as grocery prices climbed at the fastest clip in more than four decades last month. THE CANADIAN PRESS/Darryl Dyck
Wendy McCulloch (third from the left), Executive Director of Community Futures British Columbia, and Naina Sloan (third from the right), Vice President of programs and partners with the Pacific Economic Development Canada, with representatives of the communities receiving a portion of the funding. (Zachary Delaney)

Feds kick in $5.5 million to help B.C. mitigate economic effects of disasters

Funds given to Community Futures British Columbia to distribute to small business and non-profits

Wendy McCulloch (third from the left), Executive Director of Community Futures British Columbia, and Naina Sloan (third from the right), Vice President of programs and partners with the Pacific Economic Development Canada, with representatives of the communities receiving a portion of the funding. (Zachary Delaney)
A plane is silhouetted as it takes off from Vancouver International Airport in Richmond, B.C., Monday, May 13, 2019. Trends show that Canadian travelers are ready to visit top sun destinations and predict a busy upcoming travel season. THE CANADIAN PRESS/Jonathan Hayward

Travel industry braces for busy winter season as Canadian travellers ready for sun

Experts predict air fare price spike for fall and winter flights as demand returns

A plane is silhouetted as it takes off from Vancouver International Airport in Richmond, B.C., Monday, May 13, 2019. Trends show that Canadian travelers are ready to visit top sun destinations and predict a busy upcoming travel season. THE CANADIAN PRESS/Jonathan Hayward
Parker Maclellan, left, Arianna Mills, and Al Maclellan pose for a photo with their bloodhounds, Hunter, left, Cricket, and Tracker at Noel Booth Community park in Langley on Friday, Sept. 2, 2022. (Photo: Anna Burns)

Team of bloodhounds used by Surrey-based business to search for lost pets

Pet Searchers Canada boss started the enterprise when his own dog was lost

Parker Maclellan, left, Arianna Mills, and Al Maclellan pose for a photo with their bloodhounds, Hunter, left, Cricket, and Tracker at Noel Booth Community park in Langley on Friday, Sept. 2, 2022. (Photo: Anna Burns)
The South Surrey & White Rock Chamber of Commerce is co-sponsoring two upcoming civic election forums, one in partnership with the Peninsula Homeless to Housing Alliance, the other with the White Rock BIA. (File photo)

Upcoming candidates forums cover Surrey, White Rock races

South Surrey and White Rock Chamber of Commerce offers two meetings

The South Surrey & White Rock Chamber of Commerce is co-sponsoring two upcoming civic election forums, one in partnership with the Peninsula Homeless to Housing Alliance, the other with the White Rock BIA. (File photo)
Softwood lumber is pictured in Richmond, B.C., Tuesday, April 25, 2017. Canfor Corp. is temporarily cutting production in British Columbia due to what it says are challenging market conditions. THE CANADIAN PRESS/Jonathan Hayward

Canfor temporarily reducing production capacity in B.C. due to market conditions

Lumber producer says it is taking a two-week curtailment at a majority of its mills

Softwood lumber is pictured in Richmond, B.C., Tuesday, April 25, 2017. Canfor Corp. is temporarily cutting production in British Columbia due to what it says are challenging market conditions. THE CANADIAN PRESS/Jonathan Hayward
Inside Walmart Canada’s Surrey Distribution Centre, opened in Campbell Heights last April. (Photo: walmartcanada.ca)

Walmart Canada among Surrey Environment and Business Award winners

Surrey Digital Printing and Weir Minerals are the other two award recipients

Inside Walmart Canada’s Surrey Distribution Centre, opened in Campbell Heights last April. (Photo: walmartcanada.ca)
Pipes leading to a processing unit at Suncor Fort Hills facility in Fort McMurray, Alta., Monday, Sept. 10, 2018. Proponents of imposing a windfall tax on the Canadian oil and gas industry now have another global power setting precedent for the policy. THE CANADIAN PRESS/Jason Franson

Advocates of windfall tax on oil and gas sector can now point to EU for inspiration

EU’s tax would redirect about 140 million euros in revenue a year

Pipes leading to a processing unit at Suncor Fort Hills facility in Fort McMurray, Alta., Monday, Sept. 10, 2018. Proponents of imposing a windfall tax on the Canadian oil and gas industry now have another global power setting precedent for the policy. THE CANADIAN PRESS/Jason Franson
Bank towers are shown from Bay Street in Toronto’s financial district on Wednesday, June 16, 2010. Canada is banking on newcomers to help keep the economy humming along, while banks themselves are eying the hundreds of thousands of people coming to the country every year as a key source of client growth. THE CANADIAN PRESS/Adrien Veczan

Canadian banks look to newcomers as key source of client growth

Some banks forming partnerships with international ones to make transitioning to Canada easier

Bank towers are shown from Bay Street in Toronto’s financial district on Wednesday, June 16, 2010. Canada is banking on newcomers to help keep the economy humming along, while banks themselves are eying the hundreds of thousands of people coming to the country every year as a key source of client growth. THE CANADIAN PRESS/Adrien Veczan
Doormen work at the Royal York Hotel in Toronto on Thursday, June 3, 2010. Real estate firm CBRE says Canadian hotels will return to pre-pandemic revenues next year, two years ahead of its previous forecast. THE CANADIAN PRESS/Adrien Veczan

Hotels to rebound to pre-pandemic revenues in 2023, two years ahead of forecast: CBRE

Canadian hotels should end 2022 at 92 per cent of the revenue per available room achieved in 2019

Doormen work at the Royal York Hotel in Toronto on Thursday, June 3, 2010. Real estate firm CBRE says Canadian hotels will return to pre-pandemic revenues next year, two years ahead of its previous forecast. THE CANADIAN PRESS/Adrien Veczan
Trevali Mining Corp. logo is seen in this undated photo. Trevali Mining Corp. says its president and chief executive, as well as its chief operating officer, have both resigned.THE CANADIAN PRESS/HO, Trevali Mining Corp. *MANDATORY CREDIT*

Trevali CEO resigns as embattled B.C. miner in creditor protection

Firm has been dealing with flooding disaster at its Perkoa Mine that killed eight workers

Trevali Mining Corp. logo is seen in this undated photo. Trevali Mining Corp. says its president and chief executive, as well as its chief operating officer, have both resigned.THE CANADIAN PRESS/HO, Trevali Mining Corp. *MANDATORY CREDIT*
Patrons dine on a patio on King Street in Toronto, Tuesday, September 28, 2021. A new report says restaurants in Canada are ushering in higher prices, shorter menus, smaller portion sizes and reduced hours in a bid to survive inflation and labour shortages.THE CANADIAN PRESS/Evan Buhler

Restaurants usher in higher prices, smaller portion sizes as costs rise, report says

Industry report says half the country’s eateries operating at a loss or just breaking even

Patrons dine on a patio on King Street in Toronto, Tuesday, September 28, 2021. A new report says restaurants in Canada are ushering in higher prices, shorter menus, smaller portion sizes and reduced hours in a bid to survive inflation and labour shortages.THE CANADIAN PRESS/Evan Buhler
Delegates at the 2022 Union of British Columbia Municipalities in Whistler considered several resolutions on housing Thursday morning. (Photo courtesy of Union of British Columbia Municipalities)

UBCM calls for review of speculation tax, more control over short-term rentals

A Victoria resolution to explore vacancy control failed narrowly at annual municipal convention

Delegates at the 2022 Union of British Columbia Municipalities in Whistler considered several resolutions on housing Thursday morning. (Photo courtesy of Union of British Columbia Municipalities)
TEASER PHOTO ONLY

Fine-tuned in Surrey, these made-in-Africa guitars are making music around the world

Jay Duncan among exhibitors at Vancouver International Guitar Festival this month

TEASER PHOTO ONLY
(Black Press Media Creative)

Air Canada signs deal to buy 30 electric-hybrid aircraft from Heart Aerospace

Capable of carrying 30 passengers, the planes are expected to enter service in 2028

(Black Press Media Creative)
A person walks by a row of houses in Toronto on Tuesday July 12, 2022. The federal government’s newly announced inflation relief for low-income Canadians through the goods and services tax rebate stacks up as better policy than some of the cash payments issued by provinces, economists say.THE CANADIAN PRESS/Cole Burston

Temporary boost to GST rebate appropriate amid high inflation: economists

Analyst says a permanent change in how indexation is calculated is necessary

A person walks by a row of houses in Toronto on Tuesday July 12, 2022. The federal government’s newly announced inflation relief for low-income Canadians through the goods and services tax rebate stacks up as better policy than some of the cash payments issued by provinces, economists say.THE CANADIAN PRESS/Cole Burston
Sign at the entrance of the now-closed Big Ridge Brewing restaurant and bar in Surrey. (Photo: Tom Zillich)

Big Ridge bar closes doors in Surrey, along with MJG-operated liquor store at Panorama mall

By Tuesday, Big Ridge was scrubbed from the company website

Sign at the entrance of the now-closed Big Ridge Brewing restaurant and bar in Surrey. (Photo: Tom Zillich)
Prime Minister Justin Trudeau tours a rental housing development in Vancouver, Monday, Feb. 11, 2019. The federal government is hoping to help more Canadians become homeowners through a new rent-to-own initiative, but experts are warning it may not be the best pathway for everyone. THE CANADIAN PRESS/Jonathan Hayward

Rent-to-own can help create homeowners, but experts say may not be best for everyone

Liberals plan a $200-million investment in a five-year rent-to-own program

Prime Minister Justin Trudeau tours a rental housing development in Vancouver, Monday, Feb. 11, 2019. The federal government is hoping to help more Canadians become homeowners through a new rent-to-own initiative, but experts are warning it may not be the best pathway for everyone. THE CANADIAN PRESS/Jonathan Hayward
Employees wearing protective equipment work at a semiconductor production facility during a government organized tour for journalists in Beijing, on May 14, 2020. Canada’s technology industry says flaring tensions between China and Taiwan are reminding companies how important it is to seek a broader range of sources for semiconductors, and to invest in the sector. THE CANADIAN PRESS/AP, Mark Schiefelbein

Taiwan-China tensions a reminder to tech: diversify chip manufacturers

Chips power electronics ranging from iPhones to Lockheed-Martin fighter jets

Employees wearing protective equipment work at a semiconductor production facility during a government organized tour for journalists in Beijing, on May 14, 2020. Canada’s technology industry says flaring tensions between China and Taiwan are reminding companies how important it is to seek a broader range of sources for semiconductors, and to invest in the sector. THE CANADIAN PRESS/AP, Mark Schiefelbein
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