Half of Canadian eating places working at a loss or ‘simply breaking even’

Eating places are dealing with a bumpy highway to restoration after years of pandemic-related challenges. They’re now coping with rising bills, low buyer counts, excessive debt and low profitability, based on Eating places Canada. “Restaurant operators are struggling financially, with half of our operators working at a loss or simply breaking even,” stated Christian Buhagiar, … Read more

Air Canada ordered to pay passengers $2,000 for flight cancellation brought on by crew scarcity

A current ruling by Canada’s transport regulator in favor of two Air Canada passengers whose flight was delayed is the most recent growth within the ongoing battle over whether or not airways should compensate passengers for flight disruptions brought on by crew shortages. In a call revealed on Aug. 25the Canadian Transportation Company (CTA) ordered … Read more

Air Canada denies sure compensation claims, calls employees shortages a ‘safety-related challenge’

Lower than 4 hours earlier than departure, Ryan Farrell was stunned to be taught his flight from Yellowknife to Calgary had been cancelled. Air Canada cited “crew constraints” and rebooked him on a aircraft leaving 48 hours after the June 17 flight’s unique takeoff time. Farrell was much more stunned six weeks later when he … Read more

Canadian enterprise capital lobbyist says no extra authorities assist requests as soon as $450-million program ends

A decade after the federal authorities agreed to bail out Canada’s enterprise capital businessthe chief lobbyist for the now wholesome sector guarantees its days of asking for giant money injections from Ottawa are over. “I’ve dedicated that I can’t return and ask for one more normal fund” to bankroll VC companies, Kim Furlong, chief government … Read more

How the housing slowdown might hobble Canada’s economic system

Dwelling gross sales fell nationwide by 12.6 per cent in April from March, with even steeper pullbacks seen in Toronto and Vancouver markets.Richard Buchan/The Canadian Press The housing downturn that is taking root throughout Canada will act as a headwind to financial development this 12 months, following a interval through which actual property powered the … Read more

Canadian eating places grapple with workers shortages, rising prices – Nationwide

When a fried hen chain opened its first location in Atlantic Canada, it was so fashionable it needed to in the reduction of hours. The Popeyes Louisiana Kitchen that opened a number of weeks in the past in a Halifax suburb has diminished its schedule due to excessive demand that left workers scrambling as prospects … Read more

With electrical pickup, SUV, Volkswagen appears to be like to get its mojo again and spend money on Canada

Herbert Diess, CEO of Volkswagen, introduces the Volkswagen idea automotive ID Vizzion throughout its launch on the Beijing Auto Present on April 25, 2018.WANG ZHAO/Getty Pictures It has been a very long time coming, however Volkswagen is making an attempt to get its mojo again in North America. There will be a brand new electrical … Read more

Aurora Hashish to shut Aurora Sky facility in Edmonton

As a part of its price financial savings plans indicated in its third quarter outcomes, Aurora Hashish introduced Thursday it could be closing its Aurora Sky facility in Edmonton. “We’ll proceed to make use of a gifted crew in Alberta, function an Edmonton workplace and stay dedicated to our enterprise in Canada as a complete,” … Read more

Have fastened funds on a variable-rate mortgage? Here is whenever you’ll actually begin to really feel the ache of rising charges

These in a variable-rate mortgage are taking solace in the truth that their month-to-month funds have not risen, regardless of a surging prime price. That is as a result of variable-rate mortgage funds are usually fastened. However not at all times. In truth, if prime price had been to soar a lot that variable-rate debtors … Read more

Child fox checks constructive for BIRD FLU in Minnesota, officers reveal

A child fox has examined constructive for chook flu H5N1 in Minnesota, state officers revealed Wednesday, within the first case to be reported in a wild mammal in America. The State’s Division of Pure Sources stated the fox package was discovered mendacity outdoors a fox den and being unable to make use of its again … Read more