Air Canada announces routes for expanded cargo capacity

HALIFAX — Air Canada has announced a list of new international routes that will be a part of its cargo service expansion this fall. The Canadian airline said Monday the cargo-only trips will primarily fly out of Toronto starting in October and connect the city to Miami, Quito, Ecuador, Lima, Peru and Mexico City. The […]

Noom CEO talks life goals, weight loss and heavy metal

Noom CEO and co-founder Saeju Jeong moved to the U.S. in 2005 with $3,000, zero acquaintances and a lot of gusto to help people live healthier lives. He later met Artem Petakov, who he convinced to leave Google and create the company that ultimately became Noom. They launched the well-known weight loss app in 2017. […]

Bitcoin price jumps 10% after Musk says Tesla could use it again – National

Bitcoin hit a two-week peak just shy of $40,000 on Monday, after another weekend reacting to tweets from Tesla boss Elon Musk, who fended off criticism over his market influence and said Tesla sold bitcoin but may resume transactions using it. Bitcoin has gyrated to Musk’s views for months since Tesla announced a $1.5 billion bitcoin purchase in February and said it would take the cryptocurrency in payment. He later […]

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Spectrum auction begins Innovation, Science and Industry Canada will host an auction of 3,500 MHz spectrum licences for use in 5G wireless networks on Tuesday. Shaw Communications Inc. will not participate due to its planned acquisition by Rogers Communications. […]

Restaurants press to keep delivery app caps as they rebound from pandemic

TORONTO — Restaurant owners say food delivery apps have taken too big a bite out of their revenues for too long. Food delivery apps were forced to implement lower fees when dine-in service was closed during the COVID-19 pandemic, and restaurants say the change should be made permanent if they are to recover from the […]

Pattie Lovett-Reid: It’s tough for today’s graduates, but you can control how you respond

HUNTSVILLE, ONT. — I had the great honour of contributing to the commencement reel for a graduating class of 2021. Given my focus is typically on financial advice it was a good place to start. Life isn’t about the money. Money is simply the foundation to free you up to do the things that give […]

Canadian drug companies want new pricing regs delayed again until after pandemic

OTTAWA — Almost three dozen Canadian pharmaceutical companies made a direct appeal to Prime Minister Justin Trudeau last month to delay the new drug pricing regulations for a third time. The companies, including all four of the drugmakers behind the COVID-19 vaccines being used in Canada now, want more time, and less pandemic distraction, to […]

Not just the pandemic: Why housing prices are skyrocketing, and what could come next

TORONTO — Let’s start with the part you already know: real estate has gone completely bonkers. In many parts of Canada, this spring has brought unprecedented levels of appreciation for those who already own homes, along with unprecedented levels of unaffordability for those who hope to one day join that class. The Canadian Real Estate […]

S&P/TSX composite moves deeper into record territory on broad-based rally

TORONTO — Canada’s main stock index moved further into record territory on a broad-based rally led by energy as crude prices climbed on increased demand from economic reopenings. The S&P/TSX composite index gained 88.88 points to a record close of 20,138.35 after reaching 20,155.92 for the first time earlier in the day. It marked the […]