Business

A real estate sign is pictured in Vancouver, B.C., Tuesday, June 12, 2018. A new report says Canada’s housing market is still firmly in correction mode, despite having slowed in recent months. THE CANADIAN PRESS Jonathan Hayward

Ontario and British Columbia headed for a buyer’s market, RBC says

High interest rates will hold back shoppers in other parts of the country

A real estate sign is pictured in Vancouver, B.C., Tuesday, June 12, 2018. A new report says Canada’s housing market is still firmly in correction mode, despite having slowed in recent months. THE CANADIAN PRESS Jonathan Hayward
FILE - A swan stands between dumped plastic bottles and waste at the Danube river in Belgrade, Serbia, April 18, 2022. (AP Photo/Darko Vojinovic, File)

Watchdog group casts doubt on Amazon’s claims of reducing plastic

Oceana estimates Amazon’s plastic waste jumped from 599 million pounds in 2020 to 709 million

FILE - A swan stands between dumped plastic bottles and waste at the Danube river in Belgrade, Serbia, April 18, 2022. (AP Photo/Darko Vojinovic, File)
Coho salmon swim at the Fisheries and Oceans Canada Capilano River Hatchery, in North Vancouver, on Friday July 5, 2019. The federal government is offering to buy Pacific salmon commercial fishing licences off anyone looking to get out of the industry as it tries to protect dwindling salmon stocks. THE CANADIAN PRESS/Darryl Dyck

Ottawa aims to reduce size of salmon fishing industry by buying licences

$123 million earmarked for voluntary retirement program

Coho salmon swim at the Fisheries and Oceans Canada Capilano River Hatchery, in North Vancouver, on Friday July 5, 2019. The federal government is offering to buy Pacific salmon commercial fishing licences off anyone looking to get out of the industry as it tries to protect dwindling salmon stocks. THE CANADIAN PRESS/Darryl Dyck
Employees and their guests attend the holiday dinner and karaoke party for Ajinomoto Health and Nutrition North America employees Friday, Dec. 9, 2022, in Schaumburg, Ill. Say goodbye to virtual wine tasting, and practice your karaoke. Company holiday parties are making a comeback. After more than two years of working in pajama bottoms and clinking glasses over Zoom, many office workers are yearning for a bit of glamour, or at least a sense of normalcy. (AP Photo/Charles Rex Arbogast)

Company holiday parties are back — but with some restraint

After two years of Zoom, many workers seem to be yearning for a bit of glamour

Employees and their guests attend the holiday dinner and karaoke party for Ajinomoto Health and Nutrition North America employees Friday, Dec. 9, 2022, in Schaumburg, Ill. Say goodbye to virtual wine tasting, and practice your karaoke. Company holiday parties are making a comeback. After more than two years of working in pajama bottoms and clinking glasses over Zoom, many office workers are yearning for a bit of glamour, or at least a sense of normalcy. (AP Photo/Charles Rex Arbogast)
The Better Business Bureau is warning shoppers of a scam involving barcodes being swapped on gift cards. (AP Photo/Nam Y. Huh)

Gift card scam catching B.C. holiday shoppers off guard

Better Business Bureau issues warning after barcodes swapped on cards

The Better Business Bureau is warning shoppers of a scam involving barcodes being swapped on gift cards. (AP Photo/Nam Y. Huh)
Mani Bhushan, owner of Taco Ocho, poses at one of his restaurants in McKinney, Texas, Friday, Nov. 11, 2022. Bhushan struggles to hire workers in the McKinney location, which opened in July 2021. He said many workers can’t afford to live in this upscale suburb and have to travel from elsewhere. (AP Photo/LM Otero)

‘Nobody is winning’: Shoppers, workers clash over post-pandemic expectations

In the U.S., average number of hours worked per week per worker totaled 34.4 hours in November

Mani Bhushan, owner of Taco Ocho, poses at one of his restaurants in McKinney, Texas, Friday, Nov. 11, 2022. Bhushan struggles to hire workers in the McKinney location, which opened in July 2021. He said many workers can’t afford to live in this upscale suburb and have to travel from elsewhere. (AP Photo/LM Otero)
FILE - A United Launch Alliance Atlas V rocket carrying the Boeing Starliner crew capsule lifts off on a second test flight to the International Space Station from Space Launch Complex 41 at Cape Canaveral Space Force station in Cape Canaveral, Fla., Thursday, May 19, 2022. THE CANADIAN PRESS/AP-John Raoux

‘Opportunities to invest’: Experts say space business needs boost in Canada

Decreasing cost of space technology, launch opens opportunity for citizen investment

FILE - A United Launch Alliance Atlas V rocket carrying the Boeing Starliner crew capsule lifts off on a second test flight to the International Space Station from Space Launch Complex 41 at Cape Canaveral Space Force station in Cape Canaveral, Fla., Thursday, May 19, 2022. THE CANADIAN PRESS/AP-John Raoux
FILE - Visitors passing an advertisement for the video game 'Call of Duty' at the Gamescom fair for computer games in Cologne, Germany, Tuesday, Aug. 22, 2017. Microsoft says it struck a deal to make the hit video game Call of Duty available on Nintendo for 10 years when its $69 billion purchase of game maker Activision Blizzard goes through. The announcement Wednesday, Dec. 7, 2022 is an apparent attempt to fend off objections from rival Sony. (AP Photo/Martin Meissner, File)

Microsoft strikes 10-year deal with Nintendo on Call of Duty

Microsoft agreed Wednesday to make the hit video game Call of Duty…

FILE - Visitors passing an advertisement for the video game 'Call of Duty' at the Gamescom fair for computer games in Cologne, Germany, Tuesday, Aug. 22, 2017. Microsoft says it struck a deal to make the hit video game Call of Duty available on Nintendo for 10 years when its $69 billion purchase of game maker Activision Blizzard goes through. The announcement Wednesday, Dec. 7, 2022 is an apparent attempt to fend off objections from rival Sony. (AP Photo/Martin Meissner, File)
A woman holds a pro-abortion green handkerchief during a protest against gender violence in Buenos Aires, Argentina, on Wednesday, June 3, 2020. The movement “Ni una menos,” or Not One Less marked it’s fifth year anniversary with a protest in Plaza de Mayo during the mandatory COVID-19 lockdown, to demand a stop to femicides, the legalization of abortion, workplace equality, and more budget to protect victims, among other demands. (AP Photo/Victor R. Caivano)

Global survey: workplace violence, harassment is widespread

More than 22% of nearly 75,000 workers in 121 countries surveyed last year reported an experience

A woman holds a pro-abortion green handkerchief during a protest against gender violence in Buenos Aires, Argentina, on Wednesday, June 3, 2020. The movement “Ni una menos,” or Not One Less marked it’s fifth year anniversary with a protest in Plaza de Mayo during the mandatory COVID-19 lockdown, to demand a stop to femicides, the legalization of abortion, workplace equality, and more budget to protect victims, among other demands. (AP Photo/Victor R. Caivano)
People shop at a Loblaws store in Toronto on May 3, 2018. THE CANADIAN PRESS/Nathan Denette

Execs from grocery giants push back against inflation profiteering claims

Executives from Loblaw and Empire testified at the House of Commons agriculture committee

People shop at a Loblaws store in Toronto on May 3, 2018. THE CANADIAN PRESS/Nathan Denette
The corporate logo for forest products producer Canfor Corp. is shown. THE CANADIAN PRESS/HO

Canfor temporarily reducing Canadian production due to weak market conditions

Move will reduce production by about 150 million board feet in December and January

The corporate logo for forest products producer Canfor Corp. is shown. THE CANADIAN PRESS/HO
White Spot executive chef James Kennedy will be co-hosting the Dec. 6 online cook-along event. (BCAITC/Special to The News)

B.C. chefs host free online cook-along with White Spot

The Dec. 6 event uses local ingredients and teaches home cooks how to make two different dishes

White Spot executive chef James Kennedy will be co-hosting the Dec. 6 online cook-along event. (BCAITC/Special to The News)
(Black Press Media Creative)

Tesla delivers electric semis to PepsiCo at Nevada factory

DETROIT (AP) — Tesla delivered its first electric semis to PepsiCo Thursday,…

(Black Press Media Creative)
Western Forest Products announced capital investments totalling $29 million at operations in Saltair, Nanaimo and Chemainus. (Black Press Media file photo)

Western Forest Products to temporarily reduce lumber production levels in December

Reduction being made to manage inventory levels to current market conditions.

Western Forest Products announced capital investments totalling $29 million at operations in Saltair, Nanaimo and Chemainus. (Black Press Media file photo)
The Bank of Canada is shown in Ottawa on Tuesday, July 12, 2022. THE CANADIAN PRESS/Sean Kilpatrick

Bank of Canada lost $522 million in third quarter, marking first loss in its history

Assets did not keep pace with interest charges on deposits at the bank

The Bank of Canada is shown in Ottawa on Tuesday, July 12, 2022. THE CANADIAN PRESS/Sean Kilpatrick
Minister of Foreign Affairs Melanie Joly, front left, responds to questions as Minister of Public Safety Marco Mendocino listens during a news conference to announce Canada’s Indo-Pacific strategy in Vancouver on Sunday, November 27, 2022. THE CANADIAN PRESS/Darryl Dyck

Opposition, experts praise new Indo-Pacific strategy but want implementation plan

Strategy promises nearly $2.3 billion in new spending over five years, outlines approach to China

Minister of Foreign Affairs Melanie Joly, front left, responds to questions as Minister of Public Safety Marco Mendocino listens during a news conference to announce Canada’s Indo-Pacific strategy in Vancouver on Sunday, November 27, 2022. THE CANADIAN PRESS/Darryl Dyck
People line up at the Toronto Premium Outlets mall on Black Friday for shopping sales, in Milton, Ont., Friday, Nov. 27, 2020. Experts say they expect big blowout sales and blockbuster one-day deals this Black Friday will draw consumers to stores in numbers not seen since pre-pandemic days.THE CANADIAN PRESS/Nathan Denette

A muted Black Friday for Canadians amid inflation, online shopping and longer deals

Retailers have stretched deals over several weeks and offered similar discounts online

People line up at the Toronto Premium Outlets mall on Black Friday for shopping sales, in Milton, Ont., Friday, Nov. 27, 2020. Experts say they expect big blowout sales and blockbuster one-day deals this Black Friday will draw consumers to stores in numbers not seen since pre-pandemic days.THE CANADIAN PRESS/Nathan Denette
A ground worker walks under one of the wings of a WestJet Airlines Boeing 737 Max aircraft after it arrived at Vancouver International Airport, in Richmond, B.C., Thursday, Jan. 21, 2021. Canada’s Transport Minister met with airlines and airports to ensure reliable service for travellers ahead of what is expected to be a busy travel season. THE CANADIAN PRESS/Darryl Dyck

Ottawa, air sector discuss industry concerns ahead of winter travel season

High volumes and inadequate staffing contributed to a summer of lost baggage and flight disruptions

A ground worker walks under one of the wings of a WestJet Airlines Boeing 737 Max aircraft after it arrived at Vancouver International Airport, in Richmond, B.C., Thursday, Jan. 21, 2021. Canada’s Transport Minister met with airlines and airports to ensure reliable service for travellers ahead of what is expected to be a busy travel season. THE CANADIAN PRESS/Darryl Dyck
Finance Minister Selina Robinson speaks during a press conference at Goudy Field in Langford, B.C., on Wednesday, Sept. 7, 2022. THE CANADIAN PRESS/Chad Hipolito

B.C.’s strong economy, inflation concerns part of fiscal picture, minister says

Selina Robinson set to present province’s quarterly budget

Finance Minister Selina Robinson speaks during a press conference at Goudy Field in Langford, B.C., on Wednesday, Sept. 7, 2022. THE CANADIAN PRESS/Chad Hipolito
Shoppers looking for bargains enter an OshKosh children clothing store, Monday, Nov. 21, 2022, in Miami, Fla. Bargain hunting is back with full force heading into the holidays. But inflation is limiting how much of a deal consumers will be getting. (AP Photo/Marta Lavandier)

Shoppers hunt for deals but inflation makes bargains elusive

‘Everything went up so my little nest egg disappeared a whole lot quicker than I expected’

Shoppers looking for bargains enter an OshKosh children clothing store, Monday, Nov. 21, 2022, in Miami, Fla. Bargain hunting is back with full force heading into the holidays. But inflation is limiting how much of a deal consumers will be getting. (AP Photo/Marta Lavandier)