Business

The outside of a Mountain Equipment Co-Op is seen in North Vancouver, Monday, Dec. 9, 2017. Mountain Equipment Co-op says its board of directors has unanimously approved a deal in which Kingswood Capital Management will acquire MEC’s assets, including the majority of its retail stores. THE CANADIAN PRESS/Jonathan Hayward

Mountain Equipment Co-op to be sold to private corporation

Vancouver-based MEC transition is from co-operative structure to a subsidiary of Kingswood Capital Management

The outside of a Mountain Equipment Co-Op is seen in North Vancouver, Monday, Dec. 9, 2017. Mountain Equipment Co-op says its board of directors has unanimously approved a deal in which Kingswood Capital Management will acquire MEC’s assets, including the majority of its retail stores. THE CANADIAN PRESS/Jonathan Hayward
A woman walks past the Bank of Canada building, in Ottawa, Wednesday, Sept. 6, 2017. The Bank of Canada will say this morning what it will do with its key interest rate at a time when there is very little economic drama for the first time in years. THE CANADIAN PRESS/Adrian Wyld

Bank of Canada keeps key interest rate target on hold but warns of ‘slow, choppy’ recovery

The bank says its key rate will stay at near-zero until economic slack is absorbed

A woman walks past the Bank of Canada building, in Ottawa, Wednesday, Sept. 6, 2017. The Bank of Canada will say this morning what it will do with its key interest rate at a time when there is very little economic drama for the first time in years. THE CANADIAN PRESS/Adrian Wyld
An Uber driver is seen in Vancouver, Friday, Jan. 24, 2020. Uber Technologies Inc. is launching a handful of sustainability measures in Canada to help it reach lofty goals it has set for the market and beyond. THE CANADIAN PRESS/Darryl Dyck

Uber unveils Canadian commitments to reach goal of being emission-free by 2040

Uber’s commitments come as the ride-hailing business has slumped in several markets during the COVID-19 pandemic

An Uber driver is seen in Vancouver, Friday, Jan. 24, 2020. Uber Technologies Inc. is launching a handful of sustainability measures in Canada to help it reach lofty goals it has set for the market and beyond. THE CANADIAN PRESS/Darryl Dyck
Canada’s economic optimism crippled by pandemic, Pew poll suggests

Canada’s economic optimism crippled by pandemic, Pew poll suggests

The Pew report documents an unsurprisingly dismal outlook for the world’s economic prospects

Canada’s economic optimism crippled by pandemic, Pew poll suggests
A plane is silhouetted as it takes off from Vancouver International Airport in Richmond, B.C., Monday, May 13, 2019. The Canadian Transportation Agency says it has received more than 8,000 complaints about airlines since mid-March, an unprecedented figure for the five-and-a-half-month period. THE CANADIAN PRESS/Jonathan Hayward

Canadians filed more than 8,000 complaints about airlines to agency since March

Canadian airlines have typically offered flight credit valid for two years after they cancel a trip

A plane is silhouetted as it takes off from Vancouver International Airport in Richmond, B.C., Monday, May 13, 2019. The Canadian Transportation Agency says it has received more than 8,000 complaints about airlines since mid-March, an unprecedented figure for the five-and-a-half-month period. THE CANADIAN PRESS/Jonathan Hayward
Ikea (File photo)

Ikea joins growing list of stores with mandatory mask policy

People unable to wear a mask for medical reasons, as well as children under the age of two, are exempt from policy

Ikea (File photo)
Photo Courtesy of Hawk Tail Brewery’s Facebook page.

Rimbey’s Hawk Tail Brewery having busy summer

Co-owner Anthony Goodwin says they see patrons coming in from Sylvan Lake, Red Deer and Calgary

Photo Courtesy of Hawk Tail Brewery’s Facebook page.
Television journalists work before the announcement of the new leader of the Conservative Party of Canada, in Ottawa on Sunday, Aug. 23, 2020. As many as 40 local television outlets and up to 200 Canadian radio stations could be forced to close in the next three years as the pandemic adds to financial pressures media companies were facing before COVID-19, according to a new study from a media advocacy group. THE CANADIAN PRESS/Justin Tang

Media study says hundreds of Canadian radio stations, TV outlets risk closure

Radio stations may be hardest hit in the short term, the report suggests

Television journalists work before the announcement of the new leader of the Conservative Party of Canada, in Ottawa on Sunday, Aug. 23, 2020. As many as 40 local television outlets and up to 200 Canadian radio stations could be forced to close in the next three years as the pandemic adds to financial pressures media companies were facing before COVID-19, according to a new study from a media advocacy group. THE CANADIAN PRESS/Justin Tang
A moose in an RCMP uniform wearing a mask and a cartoon cardboard cutout of Prime Minister Justin Trudeau greet customers at a store selling souvenirs in the Byward Market in Ottawa, on Sunday, July 12, 2020, in the midst of the COVID-19 pandemic. A new survey by the Canadian Federation of Independent Business suggests that businesses in Canada’s city centres are struggling more than their rural counterparts. THE CANADIAN PRESS/Justin Tang

City-centre businesses mount slower recovery than rural areas, CFIB says

Data shows 22 per cent of businesses polled in urban cores are at normal levels of sales compared to 37 per cent in rural areas

A moose in an RCMP uniform wearing a mask and a cartoon cardboard cutout of Prime Minister Justin Trudeau greet customers at a store selling souvenirs in the Byward Market in Ottawa, on Sunday, July 12, 2020, in the midst of the COVID-19 pandemic. A new survey by the Canadian Federation of Independent Business suggests that businesses in Canada’s city centres are struggling more than their rural counterparts. THE CANADIAN PRESS/Justin Tang
Members of Nak’azdli Whut’en First Nation officially open the Stuart River bridge in northwestern B.C., the longest free-span temporary bridge in the world, built to protect fish habitat during gas pipeline construction, July 2020. From left, Chief Alexander McKinnon, Rosemarie Sam, Carl Leon, Carmen Patrick-Johnson and Cecil Martin. (Coastal Gaslink photo)

‘Real jobs, real recovery’ needed after COVID-19, resource industries say

Report seeks changes to Indian Act for Indigenous participation

Members of Nak’azdli Whut’en First Nation officially open the Stuart River bridge in northwestern B.C., the longest free-span temporary bridge in the world, built to protect fish habitat during gas pipeline construction, July 2020. From left, Chief Alexander McKinnon, Rosemarie Sam, Carl Leon, Carmen Patrick-Johnson and Cecil Martin. (Coastal Gaslink photo)
The Noom app displayed on the Apple App Store on Wednesday, Aug. 19, 2020. (Apple App Store)

Better Business Bureau issues warnings over billing for weight loss app Noom

Bureau warned customers to read terms carefully when they sign up for a free trial, especially for health and wellness apps.

The Noom app displayed on the Apple App Store on Wednesday, Aug. 19, 2020. (Apple App Store)
Statistics Canada building and signs are pictured in Ottawa on Wednesday, July 3, 2019. Statistics Canada will say today what the country’s inflation barometer read in July. THE CANADIAN PRESS/Sean Kilpatrick

Inflation rate falls to 0.1 per cent as price growth slows, StatCan reports

Statistics Canada says air travel prices fell in July by 8.6 per cent

Statistics Canada building and signs are pictured in Ottawa on Wednesday, July 3, 2019. Statistics Canada will say today what the country’s inflation barometer read in July. THE CANADIAN PRESS/Sean Kilpatrick
FILE - In this March 31, 2020 file photo, a woman pulls groceries from a cart to her vehicle outside of a Walmart store in Pearl, Miss. Walmart will require customers to wear face coverings at all of its namesake and Sam’s Club stores. The company said the policy will go into effect on Monday, July 20, 2020 to allow time to inform stores and customers. (AP Photo/Julio Cortez, File)

US goes online for pandemic supplies, many at Walmart.com

Net income for Walmart Inc. reaches $6.48 billion

FILE - In this March 31, 2020 file photo, a woman pulls groceries from a cart to her vehicle outside of a Walmart store in Pearl, Miss. Walmart will require customers to wear face coverings at all of its namesake and Sam’s Club stores. The company said the policy will go into effect on Monday, July 20, 2020 to allow time to inform stores and customers. (AP Photo/Julio Cortez, File)
Canadian Real Estate Association says July marked a record high for home sales

Canadian Real Estate Association says July marked a record high for home sales

CREA says the actual national average price for homes sold in July was a record $571,500

Canadian Real Estate Association says July marked a record high for home sales
A Shaw Communications sign at the company’s headquarters in Calgary, on January 14, 2015. Shaw Communications Inc. has launched its FreeRange TV mobile streaming app, bringing the company in line with rivals in offering its full TV service to any subscriber with an Internet or mobile data connection. THE CANADIAN PRESS/Jeff McIntosh

Shaw Mobile launches in Alberta, B.C., alongside Shaw’s Freedom Mobile

Shaw’s existing Freedom Mobile service competes with Telus, Rogers and Bell

A Shaw Communications sign at the company’s headquarters in Calgary, on January 14, 2015. Shaw Communications Inc. has launched its FreeRange TV mobile streaming app, bringing the company in line with rivals in offering its full TV service to any subscriber with an Internet or mobile data connection. THE CANADIAN PRESS/Jeff McIntosh
(The Canadian Press)

CMHC reports annual pace of housing starts climbed nearly 16% in July

Economists on average had expected an annual rate of 210,000

(The Canadian Press)
(The Canadian Press)

Beyond Meat’s sales jump as more try plant-based burgers

KFC announced it is testing a Beyond Meat chicken nugget in the U.S.

(The Canadian Press)
(The Canadian Press)

Statistics Canada says country gained 419,000 jobs in July

National unemployment rate was 10.9 per cent in July, down from the 12.3 per cent recorded in June

(The Canadian Press)
Feds look to finalize deal with airlines amid contact tracing concerns

Feds look to finalize deal with airlines amid contact tracing concerns

Feds look to finalize deal with airlines amid contact tracing concerns

Feds look to finalize deal with airlines amid contact tracing concerns
Ford COO Jim Farley to lead company, CEO Hackett to retire

Ford COO Jim Farley to lead company, CEO Hackett to retire

Ford COO Jim Farley to lead company, CEO Hackett to retire

Ford COO Jim Farley to lead company, CEO Hackett to retire