Business

The Bank of Canada building is seen on Wellington Street in Ottawa, on Tuesday, May 31, 2022. THE CANADIAN PRESS/Justin Tang

Economists expect Bank of Canada to hike key interest rate by 0.75% on Wednesday

Central bank aiming to bring soaring inflation back down to two per cent target

The Bank of Canada building is seen on Wellington Street in Ottawa, on Tuesday, May 31, 2022. THE CANADIAN PRESS/Justin Tang
Suncor president and CEO Mark Little prepares to address the company’s annual meeting in Calgary, Alta., Thursday, May 2, 2019. Suncor Energy says Little has stepped down as president and chief executive officer and resigned from the board of directors, effective immediately. THE CANADIAN PRESS/Jeff McIntosh

Suncor Energy says president and CEO Mark Little has stepped down, resigns from board

Announcement came a day after the company announced that a contractor was killed at its Base Mine

Suncor president and CEO Mark Little prepares to address the company’s annual meeting in Calgary, Alta., Thursday, May 2, 2019. Suncor Energy says Little has stepped down as president and chief executive officer and resigned from the board of directors, effective immediately. THE CANADIAN PRESS/Jeff McIntosh
FILE - Elon Musk speaks at the SATELLITE Conference and Exhibition March 9, 2020, in Washington. Musk and Twitter are gearing up for a legal battle after Musk announced he plans to withdraw his $44B buyout deal. (AP Photo/Susan Walsh, File)

VIDEO: Elon Musk says he’s terminating $44B Twitter buyout deal. What happens next?

The possible unraveling of the deal is just the latest twist in the saga

FILE - Elon Musk speaks at the SATELLITE Conference and Exhibition March 9, 2020, in Washington. Musk and Twitter are gearing up for a legal battle after Musk announced he plans to withdraw his $44B buyout deal. (AP Photo/Susan Walsh, File)
A Via Rail employee stands beside the entrance to a new train on display at the train station in Ottawa, Tuesday, November 30, 2021 in Ottawa. THE CANADIAN PRESS/Adrian Wyld

Via Rail receives 72-hour strike notice from Unifor, risk of service suspension

Job action could commence Monday across Canada if deal cannot be reached with 2,400 workers

A Via Rail employee stands beside the entrance to a new train on display at the train station in Ottawa, Tuesday, November 30, 2021 in Ottawa. THE CANADIAN PRESS/Adrian Wyld
FILE - This May 18, 2021, photo shows a woman typing on a laptop on a train in New Jersey. A movement is growing to shorten the workweek, but trade-offs and barriers should be considered. (AP Photo/Jenny Kane, File)

Are 4-day workweeks, flexible hours the future of full-time employment?

A four-day workweek sounds appealing to workers. Possibly alarming to employers. A…

FILE - This May 18, 2021, photo shows a woman typing on a laptop on a train in New Jersey. A movement is growing to shorten the workweek, but trade-offs and barriers should be considered. (AP Photo/Jenny Kane, File)
A plane is silhouetted as it takes off from Vancouver International Airport in Richmond, B.C., Monday, May 13, 2019. For those who remain undeterred by the daunting lines and flight delays at Canadian airports, questions remain about how to save money on air travel amid mounting fuel costs and inflation.THE CANADIAN PRESS/Jonathan Hayward

How to find cheaper flights this year as airfares soar

Airfares jumped 11.6 per cent year over year in May

A plane is silhouetted as it takes off from Vancouver International Airport in Richmond, B.C., Monday, May 13, 2019. For those who remain undeterred by the daunting lines and flight delays at Canadian airports, questions remain about how to save money on air travel amid mounting fuel costs and inflation.THE CANADIAN PRESS/Jonathan Hayward
FILE - In this Saturday, March 14, 2020, file photo, an Apple logo adorns the facade of the downtown Brooklyn Apple store in New York. Apple plans to roll out a “lockdown” option for iPhones, iPads and Mac computers intended to protect against spyware unleashed by state-sponsored hackers — although enabling it will also make these devices less useful. The safeguard was announced on Wednesday, July 6, 2022. (AP Photo/Kathy Willens, File)

Apple to add ‘lockdown’ safeguard on iPhones, iPads, Macs

Protection offered against spyware unleashed by state-sponsored hackers

FILE - In this Saturday, March 14, 2020, file photo, an Apple logo adorns the facade of the downtown Brooklyn Apple store in New York. Apple plans to roll out a “lockdown” option for iPhones, iPads and Mac computers intended to protect against spyware unleashed by state-sponsored hackers — although enabling it will also make these devices less useful. The safeguard was announced on Wednesday, July 6, 2022. (AP Photo/Kathy Willens, File)
Houses are seen on Squamish Nation land in North Vancouver, B.C., Tuesday, Feb. 22, 2022. Canada Mortgage and Housing Corporation (CMHC) says residential mortgage debt grew by nine per cent last year compared with a year earlier for the fastest pace of growth since 2008. THE CANADIAN PRESS/Darryl Dyck

CMHC says residential mortgage debt grew last year by fastest pace since 2008

Mortgage debt grew by 9 per cent last year, topped 10 per cent in the early months of this year

Houses are seen on Squamish Nation land in North Vancouver, B.C., Tuesday, Feb. 22, 2022. Canada Mortgage and Housing Corporation (CMHC) says residential mortgage debt grew by nine per cent last year compared with a year earlier for the fastest pace of growth since 2008. THE CANADIAN PRESS/Darryl Dyck
B.C. Premier John Horgan speaks about the provincial government’s CleanBC plan aimed at reducing climate pollution, during an announcement in Vancouver, on Wednesday December 5, 2018. FortisBC Energy Inc. says it will partner with Suncor Energy Inc. and Hazer Group Ltd. to build a hydrogen pilot project in Port Moody, B.C. The $11-million pilot project will also be supported with grant funding from the provincial government’s CleanBC Industry Fund.THE CANADIAN PRESS/Darryl Dyck

FortisBC, Suncor to partner on Port Moody hydrogen pilot project

$11-million project partly funded by the B.C. government and will produce hydrogen from natural gas

B.C. Premier John Horgan speaks about the provincial government’s CleanBC plan aimed at reducing climate pollution, during an announcement in Vancouver, on Wednesday December 5, 2018. FortisBC Energy Inc. says it will partner with Suncor Energy Inc. and Hazer Group Ltd. to build a hydrogen pilot project in Port Moody, B.C. The $11-million pilot project will also be supported with grant funding from the provincial government’s CleanBC Industry Fund.THE CANADIAN PRESS/Darryl Dyck
The top reasons for shopping local included a desire to support the community, the friendliness of the owners and the quality and convenience of products (Pexels.com)

A majority of British Columbians are choosing to shop at small businesses: survey

The Canadian Federation of Independent Business launches annual contest to encourage local shopping

The top reasons for shopping local included a desire to support the community, the friendliness of the owners and the quality and convenience of products (Pexels.com)
Demo farm presented to the ministry of agriculture at the Fraser Valley Artisans Food Hub in April. Courtesy of QuantoTech website.

B.C. partners with 2 businesses to grow agriculture and food security

To improve agriculture and food security, B.C. is partnering with local technology businesses

Demo farm presented to the ministry of agriculture at the Fraser Valley Artisans Food Hub in April. Courtesy of QuantoTech website.
As patio season returns stronger than ever, craft beer enthusiasts at the B.C. Ale Trail have put together a list of the top 10 local brewery patios to visit, which includes Penticton's very own Cannery Brewing. Source: pixabay.

B.C. leads Canada in breweries despite quaffing less beer than any other province

Province sees 15 per cent increase in breweries as per capita beer sales decline

As patio season returns stronger than ever, craft beer enthusiasts at the B.C. Ale Trail have put together a list of the top 10 local brewery patios to visit, which includes Penticton's very own Cannery Brewing. Source: pixabay.
A shopper wipes down a handle as they select a cart at an Ikea furniture store in Ottawa, Tuesday, May 31, 2022. Canadian retailers are struggling with higher shipping costs as couriers tack hefty fuel surcharges onto shipping rates to recoup record gas prices. THE CANADIAN PRESS/Justin Tang
A shopper wipes down a handle as they select a cart at an Ikea furniture store in Ottawa, Tuesday, May 31, 2022. Canadian retailers are struggling with higher shipping costs as couriers tack hefty fuel surcharges onto shipping rates to recoup record gas prices. THE CANADIAN PRESS/Justin Tang
Fireworks explode above the Peace Tower and Centre Block during Canada Day celebrations on Parliament Hill in Ottawa on Monday, July 1, 2019. As Canada Day kicks off the unofficial start of summer, tourism firms are hopeful the first season in three years largely without COVID-19 restrictions will marshal a much-needed boost for a pandemic-stricken industry. THE CANADIAN PRESS/Justin Tang

‘Summer of recovery’: Pandemic-stricken tourism industry sees signs of optimism

Canada’s tourism industry GDP was down nearly 50 per cent in 2020

Fireworks explode above the Peace Tower and Centre Block during Canada Day celebrations on Parliament Hill in Ottawa on Monday, July 1, 2019. As Canada Day kicks off the unofficial start of summer, tourism firms are hopeful the first season in three years largely without COVID-19 restrictions will marshal a much-needed boost for a pandemic-stricken industry. THE CANADIAN PRESS/Justin Tang
Air Canada planes sit on the tarmac at Pearson International Airport in Toronto on Wednesday, April 28, 2021. THE CANADIAN PRESS/Nathan Denette

Air Canada to slash summer flight schedule as airports face lengthy delays

154 flights per day on average dropped from the airline’s schedule

Air Canada planes sit on the tarmac at Pearson International Airport in Toronto on Wednesday, April 28, 2021. THE CANADIAN PRESS/Nathan Denette
Passengers lineup at the check in counter at Pierre Elliott Trudeau airport, in Montreal, Wednesday, June 29, 2022. An analytics firm says a majority of domestic flights to some of Canada’s busiest airports were delayed or cancelled over the past week. THE CANADIAN PRESS/Ryan Remiorz

Spike in domestic flight delays, cancellations as global gridlock continues

Aviation industry has blamed on a shortage of federal security and customs officers

Passengers lineup at the check in counter at Pierre Elliott Trudeau airport, in Montreal, Wednesday, June 29, 2022. An analytics firm says a majority of domestic flights to some of Canada’s busiest airports were delayed or cancelled over the past week. THE CANADIAN PRESS/Ryan Remiorz
Construction continues on an affordable housing complex on Drennan Street in Sooke. (Justin Samanski-Langille - Sooke News Mirror)

B.C. well behind homebuilding pace needed to make housing affordable: CMHC

Housing report shows governments taking the shortage seriously: industry expert

Construction continues on an affordable housing complex on Drennan Street in Sooke. (Justin Samanski-Langille - Sooke News Mirror)
International best-selling author Roz Nay has opened her own writing school in Nelson. Photo: Tyler Harper
International best-selling author Roz Nay has opened her own writing school in Nelson. Photo: Tyler Harper
Chris Nowrouzi, CEO and Co-Owner of FlyGTA, is photographed at Buttonville Airport in Markham, Ontario on Saturday June 25, 2022. THE CANADIAN PRESS/Chris Young

Private air travel takes off in Canada— but can it stay aloft?

Airport delays and chaos pushing more wealthy people to fly privately

Chris Nowrouzi, CEO and Co-Owner of FlyGTA, is photographed at Buttonville Airport in Markham, Ontario on Saturday June 25, 2022. THE CANADIAN PRESS/Chris Young
FILE - Amazon Echo and Echo Plus devices, behind, sit near illuminated Echo Button devices during an event by the company in Seattle on Sept. 27, 2017. Amazon’s Alexa might soon replicate the voice of family members - even if they’re dead. The capability, unveiled at Amazon’s Re:Mars conference in Las Vegas Wednesday, June 22, 2022, is in development and would allow the virtual assistant to mimic the voice of a specific person based on a less than a minute of provided recording. (AP Photo/Elaine Thompson, File)

Amazon’s Alexa could soon mimic voice of dead relatives

Company says capability currently in development

FILE - Amazon Echo and Echo Plus devices, behind, sit near illuminated Echo Button devices during an event by the company in Seattle on Sept. 27, 2017. Amazon’s Alexa might soon replicate the voice of family members - even if they’re dead. The capability, unveiled at Amazon’s Re:Mars conference in Las Vegas Wednesday, June 22, 2022, is in development and would allow the virtual assistant to mimic the voice of a specific person based on a less than a minute of provided recording. (AP Photo/Elaine Thompson, File)