Canadian officials are temporarily halting the importation of puppies from Ukraine after hundreds of dogs were found crammed on a plane last month and dozens died. But the change isn’t expected to put an end to the international puppy trade targeting Canadians. 1:47
Health Canada ban on vaping ads to take effect in August
In the wake of mounting research suggesting that vaping use is on the rise among teenagers, Health Canada is prohibiting advertisements for vapes in areas where youth may be exposed to them. The ban applies to all retail locations and online stores that sell e-cigarettes, except for adult-only establishments. Read more about the changes.
E-cigarette advertising hangs above candy at a convenience store in Toronto in August 2019. (Craig Chivers/CBC)
Fashion retailers scrambling during the pandemic. Here’s what they’re doing to survive
It’s no secret that malls and department stores have been struggling over the last few months, but some businesses may be more poised to weather the storm than others. Larry Rosen, the CEO of Harry Rosen, says his company is surviving by taking advantage of federal support programs and shoring up its liquidity, but that competitors who came into the crisis with a lot of debt are already at risk. Read more about how companies are trying to fight back.
Total retail apparel sales will decrease 28 to 32 per cent in 2020, while luxury apparel sales should drop 16.8 per cent, says Trendex, a marketing intelligence company specializing in the Canadian and Mexican apparel markets. (Nathan Denette/Canadian Press)
The pandemic isn’t over. But for Maple Leaf Foods workers, the extra pay is
Maple Leaf Foods is no longer paying employees an extra $2 an hour for working during COVID-19.
That’s drawing criticism from employees at the company’s plant in Hamilton who say if the risk of working hasn’t subsided, neither should the pay.
“At the start, they gave us T-shirts that said ‘Not all heroes wear capes’ and we really loved those shirts. When we got them we felt, ‘OK, they really appreciate us,'” says Chris Bernard, the chief union steward at the plant.
Many of us are looking to get our driveways freshly paved this summer, but not all contractors are created equal. Have you ever had a negative experience with a paving contractor? Or have they taken your money without finishing the job? Email us at marketplace@cbc.ca
Has your computer conked out? Is your phone on the fritz? We want to hear from you! Technology is keeping us connected like never before, but what happens when these devices break? What did you do? Tell us about your broken tablets, computers and phones by emailing caitlin.taylor@cbc.ca
Catch up on past episodes of Marketplace any time on CBC Gem.
TORONTO – Cineplex Inc. reported a loss in its latest quarter compared with a profit a year ago as it was hit by a fine for deceptive marketing practices imposed by the Competition Tribunal.
The movie theatre company says it lost $24.7 million or 39 cents per diluted share for the quarter ended Sept. 30 compared with a profit of $29.7 million or 40 cents per diluted share a year earlier.
The results in the most recent quarter included a $39.2-million provision related to the Competition Tribunal decision, which Cineplex is appealing.
The Competition Bureau accused the company of misleading theatregoers by not immediately presenting them with the full price of a movie ticket when they purchased seats online, a view the company has rejected.
Revenue for the quarter totalled $395.6 million, down from $414.5 million in the same quarter last year, while theatre attendance totalled 13.3 million for the quarter compared with nearly 15.7 million a year earlier.
Box office revenue per patron in the quarter climbed to $13.19 compared with $12 in the same quarter last year, while concession revenue per patron amounted to $9.85, up from $8.44 a year ago.
This report by The Canadian Press was first published Nov. 6, 2024.
TORONTO – Restaurant Brands International Inc. reported net income of US$357 million for its third quarter, down from US$364 million in the same quarter last year.
The company, which keeps its books in U.S. dollars, says its profit amounted to 79 cents US per diluted share for the quarter ended Sept. 30 compared with 79 cents US per diluted share a year earlier.
Revenue for the parent company of Tim Hortons, Burger King, Popeyes and Firehouse Subs, totalled US$2.29 billion, up from US$1.84 billion in the same quarter last year.
Consolidated comparable sales were up 0.3 per cent.
On an adjusted basis, Restaurant Brands says it earned 93 cents US per diluted share in its latest quarter, up from an adjusted profit of 90 cents US per diluted share a year earlier.
The average analyst estimate had been for a profit of 95 cents US per share, according to LSEG Data & Analytics.
This report by The Canadian Press was first published Nov. 5, 2024.
ST. JOHN’S, N.L. – Fortis Inc. reported a third-quarter profit of $420 million, up from $394 million in the same quarter last year.
The electric and gas utility says the profit amounted to 85 cents per share for the quarter ended Sept. 30, up from 81 cents per share a year earlier.
Fortis says the increase was driven by rate base growth across its utilities, and strong earnings in Arizona largely reflecting new customer rates at Tucson Electric Power.
Revenue in the quarter totalled $2.77 billion, up from $2.72 billion in the same quarter last year.
On an adjusted basis, Fortis says it earned 85 cents per share in its latest quarter, up from an adjusted profit of 84 cents per share in the third quarter of 2023.
The average analyst estimate had been for a profit of 82 cents per share, according to LSEG Data & Analytics.
This report by The Canadian Press was first published Nov. 5, 2024.
