Chinese-Canadian actor Simu Liu, best known for playing the Marvel character Shang Chi, has just shown that not all superheroes wear capes. Liu recently appeared on the Canadian reality show Dragon’s Den, a competition where entrepreneurs pitch their ideas to investors known as the Dragons (there is a similar show called Shark Tank). For Sebastien … Read more
Electric vehicle battery manufacturer Northvolt says construction of a $7-billion plant on Montreal’s South Shore will proceed as planned, despite announcing on Monday its intention to lay off 1,600 employees in Sweden. The Swedish multinational said it plans to cut 1,000 jobs in Skellefteå, 400 in Västerås and 200 in Stockholm — about a fifth of its … Read more
The national banking regulator says it will no longer require borrowers with uninsured mortgages to undergo a stress test when switching providers. The Office of the Superintendent of Financial Institutions says it will end the policy for lenders to apply the minimum qualifying rate to straight switches when uninsured mortgages are renewed at a different institution … Read more
Entertainment Simu Liu talks about joining the new season of Dragon’s Den and how he approaches investment as business opportunties for celebrities increase. From failed accountant to celebrity investor – Liu talks about temptation and opportunities as his star rises CBC News · Posted: Sep 26, 2024 4:00 AM EDT | Last Updated: 3 hours … Read more
Cosmetics brand Lush says it is laying off staff as it scales down operations at its Vancouver facilities. Amanda Caruso, a spokesperson for the U.K.-based brand, refused to say how many workers will lose their jobs as part of cuts to the company’s Canadian footprint, citing privacy concerns. However, she confirmed the scale-down will mean closing a … Read more
Cineplex Inc. has been ordered to pay a record $38.9-million fine by the Competition Tribunal for deceptive marketing practices — but the ruling doesn’t stop the theatre owner from continuing to charge the online booking fee that sparked the case in the first place. The tribunal issued the decision late Monday, siding with the Competition Bureau … Read more
Workers at several Metro Vancouver grain terminals walked off the job Tuesday morning. Workers headed to picket lines at 7 a.m. PT, three days after Grain Workers Union Local 333 served strike notice, in what one industry group is saying could be “devastating” job action. Both the union and the employer, the Vancouver Terminal Elevators Association (VTEA), … Read more
Cineplex Inc. has been ordered to pay a record $38.9 million fine after the Competition Tribunal found the theatre owner guilty of deceptive marketing practices. The tribunal sided with the Competition Bureau in a case brought forward last May by the watchdog, in which Cineplex was accused of deceiving theatregoers by not immediately presenting them with the full price … Read more
Come From Away is staying in Toronto a few months longer than expected. Mirvish Productions has extended the musical’s run through to March. Performances of the latest run, which started Sunday, had been scheduled to go until Dec. 22, but Mirvish says it’s extending the run for a second block of performances due to popular demand, with … Read more
MPs will not hold a priority debate on how to release the names of politicians implicated in a foreign interference report released earlier this year. House Speaker Greg Fergus ruled Monday that the question of privilege raised by NDP MP Jenny Kwan in June didn’t rise to the level of a “prima facie” violation of MPs’ … Read more
