Business

Flair Airlines. (Photo via The Canadian Press)
Flair Airlines. (Photo via The Canadian Press)
Tailings samples are being tested during a tour of Imperial’s oil sands research centre in Calgary, Alta., Tuesday, Aug. 28, 2018. Recent leaks of toxic tailings from northern Alberta oilsands mines have revealed serious flaws in how Canada and Alberta look after the environment, observers say. THE CANADIAN PRESS/Jeff McIntosh
Tailings samples are being tested during a tour of Imperial’s oil sands research centre in Calgary, Alta., Tuesday, Aug. 28, 2018. Recent leaks of toxic tailings from northern Alberta oilsands mines have revealed serious flaws in how Canada and Alberta look after the environment, observers say. THE CANADIAN PRESS/Jeff McIntosh
Last June, the Tahltan Nation, the province of B.C. and Vancouver-based Skeena Resources reached a historic consent-based agreement that made the Eskay Creek gold and silver mine, shown in this undated handout, the first project to have permits authorized by a First Nation government. THE CANADIAN PRESS/HO-Skeena Resources

Resource firms move ahead with UNDRIP compliance as B.C. legal changes lag

Declaration calls for free, prior and informed consent from Indigenous communities

Last June, the Tahltan Nation, the province of B.C. and Vancouver-based Skeena Resources reached a historic consent-based agreement that made the Eskay Creek gold and silver mine, shown in this undated handout, the first project to have permits authorized by a First Nation government. THE CANADIAN PRESS/HO-Skeena Resources
A Vancouver-based law firm says it has filed a proposed securities class action lawsuit on behalf of anyone who acquired shares in a B.C. company that recently announced plans to commercialize cocaine. Cocaine from a safe supply being handed out to drug users, is displayed in the Downtown Eastside of Vancouver, on Tuesday, Aug. 31, 2021. THE CANADIAN PRESS/Darryl Dyck

Class-action lawsuit proposed for shareholders affected by Adastra cocaine claim

B.C. firm released then revised a statement it was evaluating commercial cocaine production

A Vancouver-based law firm says it has filed a proposed securities class action lawsuit on behalf of anyone who acquired shares in a B.C. company that recently announced plans to commercialize cocaine. Cocaine from a safe supply being handed out to drug users, is displayed in the Downtown Eastside of Vancouver, on Tuesday, Aug. 31, 2021. THE CANADIAN PRESS/Darryl Dyck
Artemis Gold has received provincial approval for its open-pit Gold mine some 112 kilometres southwest of Vanderhoof (Photo Courtesy of Artemis Gold)

Northern B.C. gold mine gets provincial approval after 7 years of consideration

Artemis Gold Thursday (March 9) received approval for its Blackwater Mine project

Artemis Gold has received provincial approval for its open-pit Gold mine some 112 kilometres southwest of Vanderhoof (Photo Courtesy of Artemis Gold)
NIC Motion Picture Crew students at Martini Studios in Langley. Photo by Kim Stallknecht

North Island students reeling in film training

Another crop of graduates complete practical training in film industry skills

  • Mar 9, 2023
NIC Motion Picture Crew students at Martini Studios in Langley. Photo by Kim Stallknecht
Air Transat aircraft are seen on the tarmac at Montreal-Trudeau International Airport in Montreal, on Wednesday, April 8, 2020. Transat AT Inc. reported a $56.6-million loss in its latest quarter compared with a loss of $114.3 million a year earlier as its revenue more than tripled. THE CANADIAN PRESS/Paul Chiasson

Transat CEO says travel demand nearly on par with 2019 despite higher prices

Company plans to offer roughly 90 per cent of the number of seats for sale as it did in 2019

Air Transat aircraft are seen on the tarmac at Montreal-Trudeau International Airport in Montreal, on Wednesday, April 8, 2020. Transat AT Inc. reported a $56.6-million loss in its latest quarter compared with a loss of $114.3 million a year earlier as its revenue more than tripled. THE CANADIAN PRESS/Paul Chiasson
Galen G. Weston CEO, chairman and president of Loblaw Companies Limited speaks during the company’s annual general meeting in Toronto on May 3, 2018. The CEOs of Canada’s largest grocery store chains will appear before a parliamentary committee today to answer questions about the rapid rise in grocery prices. THE CANADIAN PRESS/Nathan Denette

Grocery CEOs deny accusations that food price inflation is driven by profit-mongering

‘We are at the end of a very long food supply chain that has economic inputs at every step and stage’

Galen G. Weston CEO, chairman and president of Loblaw Companies Limited speaks during the company’s annual general meeting in Toronto on May 3, 2018. The CEOs of Canada’s largest grocery store chains will appear before a parliamentary committee today to answer questions about the rapid rise in grocery prices. THE CANADIAN PRESS/Nathan Denette
The value of the loonie is at a four-month low compared with the U.S. dollar, but experts say Canadian consumers shouldn’t expect their wallets to take a major hit. Canadian dollars are pictured in Vancouver, Sept. 22, 2011.THE CANADIAN PRESS/Jonathan Hayward

Loonie hits four-month low as Bank of Canada holds key interest rate

Weak loonie reflective of the U.S.interest rate aggression hike while Bank of Canada holds steady

The value of the loonie is at a four-month low compared with the U.S. dollar, but experts say Canadian consumers shouldn’t expect their wallets to take a major hit. Canadian dollars are pictured in Vancouver, Sept. 22, 2011.THE CANADIAN PRESS/Jonathan Hayward
.(AP Photo/Ashley Landis, File) +  (AP Photo/Seth Wenig, File)

Adidas earnings take beating on breakup with Ye, China slump

Adidas’ breakup with the rapper formerly known as Kanye West and the…

.(AP Photo/Ashley Landis, File) +  (AP Photo/Seth Wenig, File)
This illustration released by Instacart depicts the grocery delivery company's app which can integrate ChatGPT to answer customers' food questions. (Instacart, Inc. via AP)

From marketing to design, brands adopt AI tools despite risk

Even if you haven’t tried artificial intelligence tools that can write essays…

This illustration released by Instacart depicts the grocery delivery company's app which can integrate ChatGPT to answer customers' food questions. (Instacart, Inc. via AP)
(File photo)

Grocery store CEOs will face questions on food prices at Commons committee today

Top brass from Sobeys, Safeway and FreshCo scheduled to testify before MPs

(File photo)
FILE - Tesla and SpaceX CEO Elon Musk speaks at the SATELLITE Conference and Exhibition, March 9, 2020, in Washington. After nine days of being locked out of his Twitter work computer, Haraldur Thorleifsson tweeted at owner Elon Musk, Monday, March 6, 2023, to find out whether or not he’d been fired. (AP Photo/Susan Walsh, File)

Elon Musk apologizes after mocking laid-off Twitter employee

If you’re not told you are fired, are you really fired? At…

FILE - Tesla and SpaceX CEO Elon Musk speaks at the SATELLITE Conference and Exhibition, March 9, 2020, in Washington. After nine days of being locked out of his Twitter work computer, Haraldur Thorleifsson tweeted at owner Elon Musk, Monday, March 6, 2023, to find out whether or not he’d been fired. (AP Photo/Susan Walsh, File)
IMAGE DISTRIBUTED FOR WEIGHT WATCHERS - At a WW GOOD wellness festival powered by Weight Watchers "WW" on the Santa Monica Pier on August 11, 2018, Los Angeles residents engage in a movement and meditation series ("LIFTED") led by Celebrity Fitness Instructor Holly Rilinger. WW International, better known as WeightWatchers, is buying telehealth platform Sequence, giving its members access to a program that offers prescriptions to obesity medications. Shares of WW International Inc. jumped nearly 12% before the market open on Tuesday, March 7, 2023. (Matt Sayles/AP Images for Weight Watchers)

WeightWatchers gets into prescription weight loss business

WeightWatchers soared Tuesday after the company said it was getting into the…

IMAGE DISTRIBUTED FOR WEIGHT WATCHERS - At a WW GOOD wellness festival powered by Weight Watchers "WW" on the Santa Monica Pier on August 11, 2018, Los Angeles residents engage in a movement and meditation series ("LIFTED") led by Celebrity Fitness Instructor Holly Rilinger. WW International, better known as WeightWatchers, is buying telehealth platform Sequence, giving its members access to a program that offers prescriptions to obesity medications. Shares of WW International Inc. jumped nearly 12% before the market open on Tuesday, March 7, 2023. (Matt Sayles/AP Images for Weight Watchers)
Michael H. McCain, Executive Chair of the Board and CEO of Maple Leaf Foods Inc. speaks with Mathieu Frigon, President and CEO of Dairy Processors Association of Canada as they wait to appear as witnessnes at the Standing Committee on Agriculture and Agri-Food (AGRI) investigating food price inflation in Ottawa on Monday, March 6, 2023. THE CANADIAN PRESS/Spencer Colby

Amid high inflation, MPs should push grocer CEOs to disclose margins on food: experts

Report: 3 largest grocers had higher profits in first half of 2022 compared to 5-year averages

Michael H. McCain, Executive Chair of the Board and CEO of Maple Leaf Foods Inc. speaks with Mathieu Frigon, President and CEO of Dairy Processors Association of Canada as they wait to appear as witnessnes at the Standing Committee on Agriculture and Agri-Food (AGRI) investigating food price inflation in Ottawa on Monday, March 6, 2023. THE CANADIAN PRESS/Spencer Colby
European Commission President Ursula von der Leyen takes part in a joint statement with Prime Minister Justin Trudeau at the European Union Headquarters in Brussels, Belgium on Wednesday, March 23, 2022. Von der Leyen says Canada should focus on exporting clean hydrogen to Europe as the continent shifts its fuel sources away from Russia. THE CANADIAN PRESS/Sean Kilpatrick

EU head says Canada should focus on exporting clean hydrogen ahead of Ontario visit

Ursula Von der Leyen’s visit focused on clean energy, trade and support for Ukraine

European Commission President Ursula von der Leyen takes part in a joint statement with Prime Minister Justin Trudeau at the European Union Headquarters in Brussels, Belgium on Wednesday, March 23, 2022. Von der Leyen says Canada should focus on exporting clean hydrogen to Europe as the continent shifts its fuel sources away from Russia. THE CANADIAN PRESS/Sean Kilpatrick
Harbour Air recently announced in addition to restarting their Comox-Vancouver route, they will be starting a new Comox-Powell River route beginning May 1. (Harbour Air Seaplanes photo)
Harbour Air recently announced in addition to restarting their Comox-Vancouver route, they will be starting a new Comox-Powell River route beginning May 1. (Harbour Air Seaplanes photo)
A Canadian Tire store is seen in North Vancouver on May 10, 2012. Canadian Tire Corp. has announced a new commitment to improve gender equity in sports, saying at least half the money it spends sponsoring professional sports will go towards women by 2026. THE CANADIAN PRESS/Jonathan Hayward

Canadian Tire commits half its sponsorship dollars to women’s professional sports

Women’s Sport Initiative will support the expansion of women’s professional sports leagues, programs

A Canadian Tire store is seen in North Vancouver on May 10, 2012. Canadian Tire Corp. has announced a new commitment to improve gender equity in sports, saying at least half the money it spends sponsoring professional sports will go towards women by 2026. THE CANADIAN PRESS/Jonathan Hayward
Workers load off boxes containing frozen beefs from a truck for a restaurant at the shopping mall in Beijing on Feb. 27, 2023. Chinese economic officials expressed confidence Monday, March 6, 2023 they can meet this year’s growth target of "around 5%" by generating 12 million new jobs and encouraging consumer spending following the end of anti-virus controls that kept millions of people at home. (AP Photo/Andy Wong)

Chinese planners promise 12 million jobs, economic rebound

Chinese economic officials expressed confidence Monday they can meet this year’s growth…

Workers load off boxes containing frozen beefs from a truck for a restaurant at the shopping mall in Beijing on Feb. 27, 2023. Chinese economic officials expressed confidence Monday, March 6, 2023 they can meet this year’s growth target of "around 5%" by generating 12 million new jobs and encouraging consumer spending following the end of anti-virus controls that kept millions of people at home. (AP Photo/Andy Wong)
The SNC-Lavalin headquarters is seen in Montreal on Feb. 12, 2019. SNC-Lavalin Group Inc. says it is conducting a strategic review to optimize its portfolio of businesses as it reported a loss in its fourth quarter. THE CANADIAN PRESS/Paul Chiasson

SNC-Lavalin launches strategic review, tries to put cash-draining contracts behind it

Company continues to pivot away from cash-draining fixed-price construction contracts

The SNC-Lavalin headquarters is seen in Montreal on Feb. 12, 2019. SNC-Lavalin Group Inc. says it is conducting a strategic review to optimize its portfolio of businesses as it reported a loss in its fourth quarter. THE CANADIAN PRESS/Paul Chiasson