EXCEEDING TARGET. D&L Industries, Inc.’s new manufacturing plant inside the First Industrial Township – Special Economic Zone in Batangas has been operating for seven months. Its exports already went up by 175 percent versus the committed target to the Philippine Economic Zone Authority as of February 2024. (Courtesy of D&L) MANILA – …
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Earn a fixed salary? You might be working for free on Feb. 29
Hourly wage workers get another day to make money on leap years, but for salaried employees, that extra day is likely unpaid. The average salaried worker could be losing out on hundreds of dollars on leap day. Rohith Krishnan was “bummed” when he found out he’s not getting paid for …
Read More »A fluctuating Frosty? Wendy’s will test surge pricing at some U.S. locations in 2025
Craving a Frosty? Better get it on a slow day if you’re going to a Wendy’s that’ll be testing surge pricing in the U.S. The company recently announced the move for some locations as part of its new digital menus to be launched next year. Menu items will cost more …
Read More »Cineplex has made nearly $40M from online ticket fees at heart of drip-pricing lawsuit
Cineplex Inc. has made almost $40 million from online booking fees, which are central to a competition bureau lawsuit against the Canadian cinema chain. Commissioner says theatre chain being deceptive, while Cineplex wants claims tossed/ Cineplex Inc. has made almost $40 million from online booking fees, which are central to …
Read More »Why drought on the Prairies is making your steak more expensive
The business of beef is changing, in large part due to consecutive years of severe drought across North America’s main cattle-producing regions. From parched southern Alberta to water-scarce east Texas, ranchers have been downsizing their herds due to a lack of grass for grazing. Inflation starting to moderate in several …
Read More »Condiments are getting more competitive. Does yellow mustard still cut the mustard?
Did Subway discontinue yellow mustard in Canada? That’s the chatter online, as franchise owners on Reddit, customers on X and Facebook, and a notice sent out to parents of a school lunch program all allege the sandwich chain has stopped offering a beloved Canadian condiment. Subway Canada has reportedly discontinued …
Read More »Nova Scotia seafood sector far exceeds targets set a decade ago
Overseas trade missions are one reason Nova Scotia seafood exports have exceeded goals set for the industry 10 years ago in the Ivany Report — a blueprint to expanding the province’s economy. Seafood exports to China alone grew from $25 million in 2007 to $666 million in 2021. Nova Scotia …
Read More »As Lynx heads to the discount airline graveyard, what options do travellers have?
Lynx Airlines announced that it will cease operations on Monday, prompting questions about why discount airlines seem to fail so frequently in Canada, and what options are left for consumers who want to fly for cheap. Third-party fees make it difficult for ultra low-cost carriers to compete. Less than two …
Read More »Canadian scallop quota valued at $200M sells to 3 Nova Scotia companies
In a blockbuster seafood deal, St. John’s-based Ocean Choice International has sold its Canadian offshore scallop quota — worth an estimated $200 million — to three Nova Scotia companies. Ocean Choice International of St. John’s makes sale after sinking of its factory trawler. In a blockbuster seafood deal, St. John’s-based …
Read More »Chipmaker Nvidia is worth nearly as much as the entire Canadian economy. Here’s why
Technology giant Nvidia is hitting new heights thanks to demand for products connected to artificial intelligence, leading the chip maker to a market value that this week approached that of the entire Canadian economy. Chipmaker’s market capitalization briefly rivalled Canada’s GDP. Technology giant Nvidia is hitting new heights thanks to …
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