July 21st, 2018

Business

From hot to not? The Baloney Meter weighs in on Scheer’s economy claims

By Jordan Press, The Canadian Press on July 20th, 2018

OTTAWA – “Justin Trudeau inherited a booming economy, but he’s squandering it. His uncontrolled spending and tax hikes is making life harder for Canadians. It’s time for a Prime Minister who puts taxpayers’ interests first.” – Conservative Leader Andrew Scheer, Twitter, July 15, 2018 – – – In a tweet this week, Scheer took aim ... Read More »

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Mark Wahlberg buying auto dealership in Ohio

By The Associated Press on July 20th, 2018

COLUMBUS, Ohio – Mark Wahlberg wants you to see the U.S.A. in a Chevrolet. The 47-year-old actor, producer, businessman and former rapper on Thursday announced he’s launching his first car dealership, Mark Wahlberg Chevrolet in Columbus, Ohio. Wahlberg is partnering with businessman Jay Feldman, who owns eight Chevy dealerships throughout southeast and mid-Michigan. They say ... Read More »

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Big move for Big Bird: Sesame Street moving into classrooms

By Sally Ho, The Associated Press on July 19th, 2018

SEATTLE – Sesame Street is taking its beloved, critically acclaimed brand of educational television into the highly profitable world of classroom curriculum – a move that experts say could open the door for other companies to move into the sensitive learning space with possible influence on children. Sesame Workshop, the company behind Big Bird and ... Read More »

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Onex Corp. buys Dutch child-care company KidsFoundation for undisclosed price

By The Canadian Press on July 19th, 2018

TORONTO – Onex Corp. says it has agreed to buy Dutch daycare company KidsFoundation Holdings B.V. for an undisclosed price. The Toronto-based private equity firm says KidsFoundation is the largest child-care company in the Netherlands, providing care for more than 30,000 children across 281 centres with about 3,750 employees. Onex says it will make the ... Read More »

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Oregon fire crushes hopes of wheat farmers during harvest

By Gillian Flaccus, The Associated Press on July 19th, 2018

PORTLAND, Ore. – Farmers rushed to save their livelihoods as a wildfire roared through vast Oregon wheat fields Thursday and crushed their hopes at the peak of what was expected to be one of the most bountiful harvests in years. Farmers used water tanks on the backs of pickup trucks and tractors to battle flames ... Read More »

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Aimia to launch Aeroplan charter airline after end of Air Canada partnership

By Ross Marowits, The Canadian Press on July 19th, 2018

MONTREAL – Aeroplan aims to get into the airline business by offering charter flights to its most popular destinations as the loyalty program prepares for the end of its exclusive partnership with Air Canada in 2020. “We have routes where we have enough redemption demand today that we can fly a daily charter throughout the ... Read More »

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Tilray shares up as much as 40 per cent in Nasdaq trading after IPO

By The Canadian Press on July 19th, 2018

NANAIMO, B.C. – Shares of cannabis producer Tilray Inc. surged as much as 40 per cent on the Nasdaq market in its first day of trading, marking the first initial public offering for a Canadian marijuana company on a major U.S. exchange. The Nanaimo, B.C.-based company’s stock was priced at US$17 per share, higher than ... Read More »

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PM calls premiers to autumn meeting to reduce internal Canadian trade barriers

By The Canadian Press on July 19th, 2018

OTTAWA – Justin Trudeau wants to talk with his provincial and territorial counterparts later this year about breaking down trade barriers from within. The prime minister says he will host a first ministers meeting in the fall aimed at making the country’s economy more interconnected. Trudeau says it makes little sense that foreign companies have ... Read More »

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Nova Scotia to launch monthly allowance for people living in shelters

By Alex Cooke, The Canadian Press on July 19th, 2018

HALIFAX – Nova Scotians living in homeless shelters and transition houses will begin receiving a monthly allowance in October – part of an $11 million government investment for people living in poverty. The Department of Community Services announced Thursday the province will provide about $100 a month to people living in poverty to help them ... Read More »

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No easy ride for ride-hailing in B.C. as province delays implementation again

By The Canadian Press on July 19th, 2018

VANCOUVER – The British Columbia government says it will ease into allowing ride-hailing services in the province, laying the groundwork for the new rides to enter the market as early as the fall of 2019. In the meantime, Transport Minister Claire Trevena says it will increase the number of taxis on the streets to help ... Read More »

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Canadian government threatens to retaliate if Trump imposes auto tariffs

By Andy Blatchford, The Canadian Press on July 19th, 2018

OTTAWA – The federal government has sent a blunt warning to the Trump administration – if it slaps Canada with auto tariffs, Canada will hit back. Canada’s deputy ambassador to the U.S. delivered the message Thursday in Washington during testimony at U.S. Commerce Department hearings. The department is investigating whether duties should be applied based ... Read More »

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