Shoppers Drug Mart faces proposed class action for alleged ‘unethical corporate practices’

A former Shoppers Drug Mart franchise owner has filed a proposed class action lawsuit against the Canadian retail pharmacy chain, and its parent company Loblaw, alleging the companies imposed “unsafe and unethical” corporate practices on franchise owner pharmacists to increase profits. The claim was filed in Ontario Superior Court last week and intends to cover … Read more

Bell Canada CEO Mirko Bibic defends job cuts in Commons committee testimony

As members of Parliament accuse Bell Canada of corporate greed, the head of the company is defending its decision to cut thousands of jobs, citing a shift in Canadians’ viewing habits away from traditional TV. Liberals, Conservatives and New Democrats grilled CEO Mirko Bibic during often combative exchanges at a meeting of the House of … Read more

When it comes to prisoner exchanges with Russia, silence is golden, says U.S. special envoy

U.S. Special Envoy for Hostage Affairs Roger Carstens says he agrees with the Kremlin that silence is essential when it comes to public discussions about prisoner exchanges.  “This might be the one time that I’ll agree with the Russians,” Carstens said during an interview on Rosemary Barton Live broadcast on Sunday. He explained that fact checking every … Read more

Canada Goose is laying off 17 per cent of its global corporate staff

Luxury parka maker Canada Goose says it is laying off 17 per cent of its global corporate workforce. CEO Dani Reiss wrote in a LinkedIn note Tuesday that the job cuts are meant to put the company in a better position for scaling and will help the Toronto-based business focus on efficiency and key brand, design … Read more

Telecom execs insist wireless prices going down as MPs voice concern over costs

The chief executives of Canada’s three largest telecom companies stressed that phone and internet prices are coming down during an appearance before MPs on Monday, noting that increased data usage and high spectrum costs may be some reasons Canadians feel otherwise. The three CEOs — Rogers Communications Inc.’s Tony Staffieri, BCE Inc.’s Mirko Bibic and … Read more

Former Boeing employee who reportedly raised concerns about company found dead

John Barnett, a former Boeing employee who had reportedly raised concerns about the company’s production issues, was found dead of an apparent suicide, according to authorities in South Carolina. Barnett had worked at Boeing for 32 years before leaving the company in 2017, according to the BBC, which previously reported on his efforts to raise … Read more

Financial watchdog Fintrac hit by cyberattack, says classified systems not involved

Politics Canada’s financial intelligence agency says it has been hit by a cyberattack. Agency takes corporate systems offline to protect data The Canadian Press · Posted: Mar 05, 2024 2:50 PM EST | Last Updated: 9 hours ago Canada’s financial intelligence agency says it has been hit by a cyber attack. (Graeme Roy/The Canadian Press) … Read more

From cult status to closure fears — what happened to The Body Shop?

It’s a store you know by scent. For decades, the sometimes-overwhelming aroma of The Body Shop’s satsuma soaps and coconut body butters have wafted through mall concourses, as much a staple to the culture as the food court. The U.K.-based beauty and cosmetics shop has more than 3,000 retail locations in 70 countries, including 110 standalone … Read more

Report raises questions around growing mining exploration in northern B.C.

A new report by the U.S. branch of the non-profit Environmental Investigation Agency says that investment interest and government tax incentives are fuelling intense mining exploration in remote northern B.C. — raising concerns about the environmental impacts of the work and its financial implications. The report focuses on the transboundary region, which falls along the border between … Read more