From the day he opened Riverhead Brewery in Kingston, Ont., with his business partners, Aaron Martin believed year three would be the big one. And for the first two and a half months of 2020, the brewery was setting sales records. Then everything came to a halt. “COVID just was just crushing,” he told […]
Tag Archives: business
A Bank of Canada official is delivering a detailed defence of why the central bank should issue a “digital loonie” instead of ceding control to private cryptocurrencies that could become economic gatekeepers. The Bank of Canada has been developing its own digital currency, one of a number of central banks doing the same kind of […]
Tax season is slowly approaching and many Canadians are wondering if working from home this past year will give them a break on their return. Personal finance expert Kelley Keehn recently joined The Morning Show to break down what these work-from-home deductions could look like. What qualifies as working from home? Keehn says self-employed […]
The head of Cineplex Inc. is ready to turn Canada’s multiplexes into temporary COVID-19 vaccination sites. Ellis Jacob, CEO of the country’s largest movie theatre chain, says he’s reached out to provincial public health agencies nationwide to suggest his company “could help in a big way” as a space for distributing shots. In Ontario, […]
The pandemic-fuelled stock-trading frenzy saw Canadians open more than two million do-it-yourself investment accounts in 2020, a development that has regulators worried. The risk is that inexperienced investors will “bet the farm” based on information they don’t fully understand and lose, the Investment Industry Regulatory Organization of Canada (IIROC) warned in a recent press […]
A two-week trial has been scheduled in the tax evasion case of former Conservative member of Parliament Rob Anders. His lawyer appeared in Calgary court to enter not guilty pleas on his behalf. The trial is to start Oct. 25. Read more: Former Calgary MP Rob Anders accused of not reporting $750K in income […]
Sophie Chen, 36, and her husband had been toying with the idea of moving to the suburbs for years. But it wasn’t until the COVID-19 pandemic hit that they finally did it. Pregnant with her second child and eager to find a larger home, Chen, a real estate agent, was initially hesitant to leave […]
Tim Hortons is modernizing its drive-thru experience and improving its core menu items in a bid to win over customers as the economy starts to reopen, executives with the restaurant’s parent company say. The focus on positioning the coffee chain to grow during the post-pandemic recovery comes as the ongoing disruption to daily routines caused […]
TORONTO — Air Canada has been cleared by the federal government to take over Air Transat, Transport Canada announced Thursday. “The Honourable Omar Alghabra, Minister of Transport, today announced that the Government of Canada has approved the proposed purchase of Transat A.T. Inc. by Air Canada, subject to strict terms and conditions that are in […]
TORONTO — Canada’s main stock index moved past a one-day blip to resume its upward trend as crude oil approached US$60 a barrel. The S&P/TSX composite index closed up 67.22 points to 18,460.21. It gained 1.8 per cent on the week and is running 6.5 per cent higher halfway through February. In New York, the […]