Former Rogers CEO Joe Natale is suing the company for wrongful dismissal and breach of contract, alleging Rogers chairman Edward Rogers carried out “malicious, high-handed, and oppressive conduct.” Former CEO lost battle for power with chair Edward Rogers. Former Rogers CEO Joe Natale is suing the company for wrongful dismissal …
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Video promoting $2,000 rent for 200-square-foot Vancouver apartment widely criticized
The rents for newly renovated studio units at the Lotus Hotel had been publicly listed for $1,995 a month for some time, but it took a viral TikTok video to spark a larger conversation about the property — and the state of renting in Vancouver’s Downtown Eastside. The Lotus historically …
Read More »Japan inflation eases to 3.1%
TOKYO: Japan’s consumer price inflation eased to 3.1 percent year on year in July, in line with market expectations, government data showed on Friday. The figure for the world’s third-largest economy, which excludes volatile fresh food prices, followed a 3.3-percent reading in June. EASING UP This photo taken on Aug. …
Read More »WestJet, Air Canada face criticism over Yellowknife flights as wildfires rage
As wildfires burn across the Northwest Territories, Canada’s major airlines are facing criticism that not enough is being done to accommodate passengers looking to flee the region or change their flights. Canada’s major airlines field complaints that not enough being done to accommodate passengers. As wildfires burn across the Northwest …
Read More »Canopy Growth to sell Smiths Falls HQ back to Hershey
Cannabis company Canopy Growth Corp. announced Thursday it’s shutting down its Smiths Falls headquarters and selling the building back to its original owner, Hershey Canada Inc. Cannabis company to sell Hershey Drive facility for $53M. Eric Evoy shares he’s looking forward to the return of Hershey to his small town, …
Read More »Japan hit by trade deficit in July
TOKYO: Japan suffered a trade deficit last month as exports sank for the first time in more than two years, dragged down by a slowdown overseas. Japan’s trade deficit totaled 78.7 billion yen ($539 million), the Finance Ministry said Thursday, the first trade deficit for the world’s third largest economy …
Read More »Suncor has been too focused on energy transition, must get back to fundamentals: CEO
The man hired to turn around the flagging fortunes of Suncor Energy said Tuesday he believes the company has been too focused in recent years on the energy transition and must get back to an oil-centred business strategy. ‘We win by creating value through our large integrated asset base underpinned …
Read More »Taylor Swift fan frustration continues as RBC Avion ticket codes go fast — with a long waitlist
For the second time in barely a week, Canadian Taylor Swift fans have bad blood about being shut out of buying tickets to thus far the only Canadian stops on her world tour next year. Marketing professor says cruel summer for fans is a misstep for the brand. For the …
Read More »Investors seek suspension of new BIR tax rules
Big business groups including the American Chamber of Commerce (AmCham) of the Philippines and investor firms inside Clark and Subic freeports are urging the government to suspend and review the implementation of new rules of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act that have started to take …
Read More »Average house price hit $668,754 in July, up by more than 6% in past year
July home sales saw the largest year-over-year increase in more than two years, but were little changed from June, the Canadian Real Estate Association said Tuesday. Pace of sales picking up after bottoming out, realtor group says. July home sales saw the largest year-over-year increase in more than two years, …
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