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 …
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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 …
Read More »Chamber of Mines to fully implement sustainability initiative
A mining site. (PNA file photo) MANILA – The Chamber of Mines of the Philippines (COMP) said its 19 member-companies will fully implement the Towards Sustainable Mining (TSM) initiative, a global environmental, social, and corporate governance performance measurement standard. In a statement over the weekend, COMP said TSM is a set of …
Read More »Next gen leaders herald new era for Ayala Group
Mariana Zobel, Jaime Alfonso Zobel and Jaime Urquijo (STAR / File) MANILA, Philippines — Marking a rare milestone with its 190th anniversary this year, the country’s oldest conglomerate’s recent media night served as the stage to launch its next generation of leaders as the new face of the Ayala Group. …
Read More »Updates to sign bylaws are ‘hurting businesses’ in Petawawa, says shop owner
The recent enforcement of a sign bylaw in Petawawa, Ont., is facing backlash by some business owners, including one who is refusing to take down his sign despite the risk of racking up thousands in fines. For the past five years, Kevin Holm, owner of Safeguard Electric, has relied on …
Read More »Vice Media to halt publishing to namesake site, cut ‘several hundred’ jobs in restructuring
The head of Vice Media Group has informed employees that the company will stop publishing content on Vice.com and will be cutting several hundred positions. Company that filed for bankruptcy protection last year was later sold to a group of its former lenders. The head of Vice Media Group has …
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