Business

(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
Travelers are photographed at Toronto Pearson International Airport, on Thursday, December 16, 2021. New Air Passenger Protection Regulations go into effect this week. THE CANADIAN PRESS/Tijana Martin

New air passenger protection rules come into effect Thursday

Canada closes loophole that left some unable to secure refunds after pandemic-related cancellations

Travelers are photographed at Toronto Pearson International Airport, on Thursday, December 16, 2021. New Air Passenger Protection Regulations go into effect this week. THE CANADIAN PRESS/Tijana Martin
People use electronics outside a coffee shop in Toronto amid a nationwide Rogers outage, affecting many of the telecommunication company’s services, Friday, July 8, 2022. THE CANADIAN PRESS/Cole Burston

Major telecoms agree to emergency outage deal: Minister Champagne

Deal follows massive Rogers disruption on July 8 that affected millions of Canadians

People use electronics outside a coffee shop in Toronto amid a nationwide Rogers outage, affecting many of the telecommunication company’s services, Friday, July 8, 2022. THE CANADIAN PRESS/Cole Burston
The Bank of Canada is pictured in Ottawa on Tuesday Sept. 6, 2022. The Bank of Canada is expected to announce it will be raising its key interest rate today, making it the fifth consecutive increase this year. THE CANADIAN PRESS/Sean Kilpatrick

Bank of Canada raises key interest rate by 0.75%, says rates likely need to go higher

Expected lift brings the bank’s key rate target to 3.25 per cent

The Bank of Canada is pictured in Ottawa on Tuesday Sept. 6, 2022. The Bank of Canada is expected to announce it will be raising its key interest rate today, making it the fifth consecutive increase this year. THE CANADIAN PRESS/Sean Kilpatrick
For 115 years, BCAA has been helping British Columbians move forward. The organization that started as a humble club of 11 automobile enthusiasts in Victoria now has more than a million Members, and they are not stopping there.

BCAA celebrates reaching one million Members with a made-in BC contest to win a unique prize

Canada’s Most Trusted Brand* has been helping British Columbians keep moving for over a century

  • Sep 5, 2022
For 115 years, BCAA has been helping British Columbians move forward. The organization that started as a humble club of 11 automobile enthusiasts in Victoria now has more than a million Members, and they are not stopping there.
Kitchen Therapy staff pose with their latest donation to the BC SPCA, this one their biggest to date. (Contributed photo)

South Surrey business gives big to BC SPCA

Kitchen Therapy is a business in Surrey that has been donating to the organization since 2014

Kitchen Therapy staff pose with their latest donation to the BC SPCA, this one their biggest to date. (Contributed photo)
The Bank of Canada is shown in Ottawa on Tuesday, July 12, 2022. The Bank of Canada is expected to announce another substantial interest rate increase next week. THE CANADIAN PRESS/Sean Kilpatrick

BoC expected to raise interest rate for fifth time at pivotal moment for economy

Some economists think Wednesday’s hike could be the last for a while

The Bank of Canada is shown in Ottawa on Tuesday, July 12, 2022. The Bank of Canada is expected to announce another substantial interest rate increase next week. THE CANADIAN PRESS/Sean Kilpatrick
A “closed’ sign hangs in a store window. Rising operating costs, lack of demand and hikes in interest rates are significantly affecting small businesses. THE CANADIAN PRESS/Adrian Wyld

Canadian business bankruptcies on the rise with no signs of slowing

54 per cent of business owners are yet to return to normal, pre-pandemic revenue levels

A “closed’ sign hangs in a store window. Rising operating costs, lack of demand and hikes in interest rates are significantly affecting small businesses. THE CANADIAN PRESS/Adrian Wyld
Moila and Brian Jenkins of Longhouse Specialty Forest Products in Parksville won a defamation lawsuit against a disgruntled customer who posted negative Submitted photo) Moila and Brian Jenkins of Longhouse Specialty Forest Products in Parksville won a defamation lawsuit against a disgruntled customer who posted negative reviews online. (Submitted photo)

Parksville business awarded $90,000 in damages after malicious online review

Judge found online reviews from customer ‘false’ and ‘malicious’

Moila and Brian Jenkins of Longhouse Specialty Forest Products in Parksville won a defamation lawsuit against a disgruntled customer who posted negative Submitted photo) Moila and Brian Jenkins of Longhouse Specialty Forest Products in Parksville won a defamation lawsuit against a disgruntled customer who posted negative reviews online. (Submitted photo)
A general view of the Ryerson University campus in Toronto, is seen on Thursday, January 17, 2019. Researchers with RBC are calling for an urgent reset of Canada’s immigration process to keep talented international students in country to fill key labour shortages.THE CANADIAN PRESS/Chris Young

Rules need change to keep international students in Canada and fill labour gaps: RBC

Study finds complicated system may be turning qualified and much-needed workers away

A general view of the Ryerson University campus in Toronto, is seen on Thursday, January 17, 2019. Researchers with RBC are calling for an urgent reset of Canada’s immigration process to keep talented international students in country to fill key labour shortages.THE CANADIAN PRESS/Chris Young
Minister of Environment Steven Guilbeault speaks during a press conference outside the GLOBE Forum at the Convention Centre in Vancouver, B.C., on Tuesday, March 29, 2022. A Canadian environmental organization is calling for more transparency and better enforcement of national regulations of toxic chemicals after more than one quarter of items bought at popular dollar stores tested positive for substances such as lead. THE CANADIAN PRESS/Chad Hipolito

Toxic chemicals commonly found in dollar store items, testing shows

One in four products tested were positive for managed substances

Minister of Environment Steven Guilbeault speaks during a press conference outside the GLOBE Forum at the Convention Centre in Vancouver, B.C., on Tuesday, March 29, 2022. A Canadian environmental organization is calling for more transparency and better enforcement of national regulations of toxic chemicals after more than one quarter of items bought at popular dollar stores tested positive for substances such as lead. THE CANADIAN PRESS/Chad Hipolito
The Bank of Canada is shown in Ottawa on Tuesday, July 12, 2022. As the Bank of Canada tries to reign in red hot inflation, the central bank is engaging in another fight: one against misinformation. THE CANADIAN PRESS/Sean Kilpatrick

Did the Bank of Canada print money to finance the feds? Central bank sets record straight

Conservative leadership front-runner Pierre Poilievre has been a loud critic of the Bank of Canada

The Bank of Canada is shown in Ottawa on Tuesday, July 12, 2022. As the Bank of Canada tries to reign in red hot inflation, the central bank is engaging in another fight: one against misinformation. THE CANADIAN PRESS/Sean Kilpatrick
Statistics Canada’s offices at Tunney’s Pasture in Ottawa are shown on March 8, 2019. THE CANADIAN PRESS/Justin Tang

Economy grew by annual rate of 3.3% in second quarter, Statistics Canada says

According to the federal agency, real GDP grew by 0.8 per cent in the second quarter

Statistics Canada’s offices at Tunney’s Pasture in Ottawa are shown on March 8, 2019. THE CANADIAN PRESS/Justin Tang
BC Lottery Corp. was the winning team at the Otter Co-op and Angry Otter golf tournament on Aug. 25. They picked a charity, BC Children’s Hospital, to receive a $10K donation from the tourney proceeds. (Bailey Ridder/Special to Langley Advance Times)

Otter Co-op purchases 25 more retail fuel locations

As part of a federal co-operative deal, Otter bought several Husky convenience stores and gas bars

  • Aug 30, 2022
BC Lottery Corp. was the winning team at the Otter Co-op and Angry Otter golf tournament on Aug. 25. They picked a charity, BC Children’s Hospital, to receive a $10K donation from the tourney proceeds. (Bailey Ridder/Special to Langley Advance Times)
Members of the British Columbia General Employees’ Union picket outside a B.C. Liquor Distribution Branch facility, in Delta, B.C., on August 15, 2022. British Columbia’s largest public-sector union says it is standing down after more than two weeks of limited job action, following the resumption of contract talks.THE CANADIAN PRESS/Darryl Dyck

Restaurant and bar group hails lifting of job action by B.C. public-sector union

Industry grateful further distress was being averted for businesses already facing a labour shortage

Members of the British Columbia General Employees’ Union picket outside a B.C. Liquor Distribution Branch facility, in Delta, B.C., on August 15, 2022. British Columbia’s largest public-sector union says it is standing down after more than two weeks of limited job action, following the resumption of contract talks.THE CANADIAN PRESS/Darryl Dyck
FILE - Tesla CEO Elon Musk speaks before unveiling the Model Y at Tesla’s design studio in Hawthorne, Calif., March 14, 2019. Musk’s legal team is demanding to hear from a whistleblowing former Twitter executive who could help bolster Musk’s case for backing out of a $44 billion deal to buy the social media company. Twitter’s former security chief Peiter Zatko received a subpoena on Saturday, Aug. 27, 2022, from Musk’s team, according to Zatko’s lawyer and court records. (AP Photo/Jae C. Hong, File)

Musk cites whistleblower as new reason to exit Twitter deal

Twitter trying to force to Tesla boss to go through with the $44 billion deal

FILE - Tesla CEO Elon Musk speaks before unveiling the Model Y at Tesla’s design studio in Hawthorne, Calif., March 14, 2019. Musk’s legal team is demanding to hear from a whistleblowing former Twitter executive who could help bolster Musk’s case for backing out of a $44 billion deal to buy the social media company. Twitter’s former security chief Peiter Zatko received a subpoena on Saturday, Aug. 27, 2022, from Musk’s team, according to Zatko’s lawyer and court records. (AP Photo/Jae C. Hong, File)