Business

A Metro store is seen on April 15, 2019 in Ste-Therese, Que., north of Montreal. THE CANADIAN PRESS/Ryan Remiorz

Worker absenteeism — not trucker vaccine mandates — impacting store shelves: grocer

Labour shortage caused by quarantined workers has impacted the entire supply chain

A couple shops for appliances at a furniture store in St-Jean-sur-Richelieu, Que. on Monday, May 4, 2020. THE CANADIAN PRESS/Paul Chiasson

Canada’s annual inflation rate rises to 4.8% in December, highest since 1991

Annual inflation rate hits 30-year high, upping pressure on Bank of Canada Wed 10:26 am Wed 9:28 am

Empty shelves are pictured at a grocery store in North Vancouver, B.C. Monday, March 16, 2020. THE CANADIAN PRESS/Jonathan Hayward

Grocery store closures loom amid labour, product shortages

Employee absenteeism due to COVID-19 protocols and illness hitting about 30 per cent in some stores

A for sale is sign is displayed in front of a house in the Riverdale area of Toronto on Wednesday, September 29, 2021. THE CANADIAN PRESS/Evan Buhler

2021 home sales set Canadian new record, tops previous high by 20 per cent

CREA says about 667,000 residential properties changed hands in 2021

A for sale is sign is displayed in front of a house in the Riverdale area of Toronto on Wednesday, September 29, 2021. THE CANADIAN PRESS/Evan Buhler
The Highland Valley Copper mine, near Logan Lake, is the largest open pit copper mine in Canada. (John Arendt - Summerland Review)

Union, company consider mediator’s proposal at B.C.’s biggest open pit copper mine

Teck, Steelworkers at B.C.’s Highland Valley Copper mull mediator’s contract proposal

The Highland Valley Copper mine, near Logan Lake, is the largest open pit copper mine in Canada. (John Arendt - Summerland Review)
The Suncor oil sands facility seen from a helicopter near Fort McMurray, Alta., Tuesday, July 10, 2012. THE CANADIAN PRESS/Jeff McIntosh

Oil Sands Alliance to focus on industry sustainability, advancing net-zero ambitions

It is not clear whether the new organization will be involved in political lobbying

The Suncor oil sands facility seen from a helicopter near Fort McMurray, Alta., Tuesday, July 10, 2012. THE CANADIAN PRESS/Jeff McIntosh
People shop at a grocery store in Montreal, Sunday, December 19, 2021. Retail workers say the refusal by Canada’s grocers to reinstate “hero pay” has left them feeling forgotten and unappreciated as the Omicron wave leaves many stores short staffed and shoppers stocking up. THE CANADIAN PRESS/Graham Hughes

Grocery store workers call refusal to reinstate pandemic pay ‘insulting’

$2-an hour pay premium previously offered by grocers made a difference to employees

People shop at a grocery store in Montreal, Sunday, December 19, 2021. Retail workers say the refusal by Canada’s grocers to reinstate “hero pay” has left them feeling forgotten and unappreciated as the Omicron wave leaves many stores short staffed and shoppers stocking up. THE CANADIAN PRESS/Graham Hughes
(AP Photo/Jenny Kane)

Netflix upping U.S., Canada prices with competition growing

Prices are going up by $1 to $2, depending on the plan

(AP Photo/Jenny Kane)
A logo for Netflix is seen on a remote control in Portland, Ore., Aug. 13, 2020. The global streaming platform announced last week it’s inching up the monthly cost of its most popular subscription packages once again by a dollar or two. THE CANADIAN PRESS/AP-Jenny Kane
A logo for Netflix is seen on a remote control in Portland, Ore., Aug. 13, 2020. The global streaming platform announced last week it’s inching up the monthly cost of its most popular subscription packages once again by a dollar or two. THE CANADIAN PRESS/AP-Jenny Kane
Teck’s Highland Valley Copper mine is pictured in British Columbia’s interior, Sunday, March 26, 2017. THE CANADIAN PRESS/Jonathan Hayward

Teck says United Steelworkers issue strike notice at B.C.’s largest copper mine

Highland Valley Copper is the largest open-pit copper and molybdenum mine in Canada

Teck’s Highland Valley Copper mine is pictured in British Columbia’s interior, Sunday, March 26, 2017. THE CANADIAN PRESS/Jonathan Hayward
An electric plug is connected to a BMW i8 vehicle during the Canadian International Auto Show in Toronto, Thursday February 16, 2017. Transport Minister Omar Alghabra says the government is looking to overhaul the rebate program for electric vehicles to more closely align with the kinds of cars Canadians actually want to buy. THE CANADIAN PRESS/Mark Blinch

Arizona’s auto aspirations make for unlikely ally in Canada’s EV tax-credit fight

Arizona is attracting parts and manufacturing service suppliers as well as EV companies

An electric plug is connected to a BMW i8 vehicle during the Canadian International Auto Show in Toronto, Thursday February 16, 2017. Transport Minister Omar Alghabra says the government is looking to overhaul the rebate program for electric vehicles to more closely align with the kinds of cars Canadians actually want to buy. THE CANADIAN PRESS/Mark Blinch
Advocates say front-line supermarket workers are facing the biggest risks due to COVID. (contributed photo)

Pressure mounting for grocers to bring back ‘hero pay’ amid Omicron surge

Advocates calling for reinstatement of pay bump due to increasing COVID concerns

Advocates say front-line supermarket workers are facing the biggest risks due to COVID. (contributed photo)
People walk along Ste-Catherine Street in Montreal, Sunday, January 2, 2022, as the COVID-19 pandemic continues in Canada. Some measures put in place by the Quebec government, including the closure of stores to help curb the spread of COVID-19 in the province. THE CANADIAN PRESS/Graham Hughes
People walk along Ste-Catherine Street in Montreal, Sunday, January 2, 2022, as the COVID-19 pandemic continues in Canada. Some measures put in place by the Quebec government, including the closure of stores to help curb the spread of COVID-19 in the province. THE CANADIAN PRESS/Graham Hughes
A moviegoer steps into an auditorium at a Cineplex Movie Theatre in Toronto on Friday, July 16, 2021. Cineplex Inc. says it has temporarily laid off nearly 5,000 part-time employees because of mandated closures of its Ontario movie theatres.THE CANADIAN PRESS/Chris Young

Nearly 5,000 layoffs at Cineplex after Ontario closes movie theatres

Canada’s largest movie chain will get its employees back to work when restrictions are lifted

A moviegoer steps into an auditorium at a Cineplex Movie Theatre in Toronto on Friday, July 16, 2021. Cineplex Inc. says it has temporarily laid off nearly 5,000 part-time employees because of mandated closures of its Ontario movie theatres.THE CANADIAN PRESS/Chris Young
In this Oct. 7, 2010, file photo, a Green Mountain Coffee single-serving brewing cup is seen in a Keurig machine in Montpelier, Vt. The Competition Bureau says Keurig Canada will pay a $3 million penalty in Canada for making false or misleading claims that its single-use K-cup pods can be recycled. THE CANADIAN PRESS/AP-Toby Talbot, File

Keurig to pay $3 million fine for false, misleading claims on recycling of its K-CUPs

Keurig Canada has to change its packaging, publish notices about the changes

In this Oct. 7, 2010, file photo, a Green Mountain Coffee single-serving brewing cup is seen in a Keurig machine in Montpelier, Vt. The Competition Bureau says Keurig Canada will pay a $3 million penalty in Canada for making false or misleading claims that its single-use K-cup pods can be recycled. THE CANADIAN PRESS/AP-Toby Talbot, File
A real estate sign is pictured in Vancouver, B.C., Tuesday, June, 12, 2018.  THE CANADIAN PRESS Jonathan Hayward

Real estate board says Metro Vancouver home sales hit record in 2021

Sales in 2021 rose 42.2 per cent over previous year and smashed a sales volume record set in 2015

A real estate sign is pictured in Vancouver, B.C., Tuesday, June, 12, 2018.  THE CANADIAN PRESS Jonathan Hayward
Canada’s 100 highest-paid CEOs had their second-best year ever in 2020, even as the COVID-19 pandemic left this country in the worst economic downturn since the Great Depression. (File photo by The Canadian Press)

Top CEOs in Canada were paid at second-highest level ever during the pandemic

Country’s highest-paid CEOs earned an average of $10.9 million in 2020

Canada’s 100 highest-paid CEOs had their second-best year ever in 2020, even as the COVID-19 pandemic left this country in the worst economic downturn since the Great Depression. (File photo by The Canadian Press)
The Blackberry logo located in the lobby of the company's B building in Waterloo, Ont. on Tuesday, May 29, 2018. THE CANADIAN PRESS/Andrew Ryan

Many BlackBerry phones to stop working as company decommissions several services

Service dropped for BlackBerry 7.1 OS, BlackBerry 10 software, PlayBook OS 2.1 and earlier versions

The Blackberry logo located in the lobby of the company's B building in Waterloo, Ont. on Tuesday, May 29, 2018. THE CANADIAN PRESS/Andrew Ryan
Governor of the Bank of Canada Tiff Macklem participates in a media availability at the Bank of Canada in Ottawa, on Wednesday, Dec. 15, 2021. THE CANADIAN PRESS/Justin Tang

Federal documents hint at sweeping economic impact from central bank ‘digital loonie’

Central bank met with federal officials over 2020 to gauge the implications of own cryptocurrency

Governor of the Bank of Canada Tiff Macklem participates in a media availability at the Bank of Canada in Ottawa, on Wednesday, Dec. 15, 2021. THE CANADIAN PRESS/Justin Tang
Minister of Finance and Deputy Prime Minister Chrystia Freeland holds a press conference in Ottawa on Wednesday, Nov. 24, 2021. Canada Pension Plan contributions are going up again by more than originally planned, and the reason again lies with the unique impacts of the pandemic on the labour market. THE CANADIAN PRESS/Sean Kilpatrick

CPP premiums are getting a bigger bump than planned, here’s why

Like last year, contributions are going up again by more than originally planned

Minister of Finance and Deputy Prime Minister Chrystia Freeland holds a press conference in Ottawa on Wednesday, Nov. 24, 2021. Canada Pension Plan contributions are going up again by more than originally planned, and the reason again lies with the unique impacts of the pandemic on the labour market. THE CANADIAN PRESS/Sean Kilpatrick