Postmedia enters agreement to buy SaltWire chain of newspapers

Postmedia enters agreement to buy SaltWire chain of newspapers

Postmedia has entered an agreement to purchase SaltWire, Atlantic Canada’s largest newspaper chain, according to a news release issued Friday. SaltWire has been under creditor protection since March. It publishes more than 20 papers in Atlantic Canada, including The Chronicle Herald in Halifax, The Guardian in Charlottetown, and The Telegram in St. John’s, along with associated websites. … Read more

Ottawa prepares for a new U.S. president as Canada reflects on Biden’s legacy

Ottawa prepares for a new U.S. president as Canada reflects on Biden’s legacy

Prime Minister Justin Trudeau joined other political leaders and diplomats in praising — and reflecting on — Joe Biden’s legacy, as Ottawa prepares to work with whoever Americans vote for as their next president this fall. Biden announced Sunday he is abruptly ending his presidential re-election campaign. “I’ve known President Biden for years. He’s a great … Read more

Alberta government says advisory report shows federal electricity targets are ‘reckless’

Alberta government says advisory report shows federal electricity targets are ‘reckless’

The Alberta government pointed Tuesday to a new report from a federal advisory committee, calling it proof that Ottawa should abandon its “reckless” 2035 clean electricity targets. But the chair of the committee behind the report said its recommendations are aimed at toning down the political rhetoric around clean power and helping Ottawa and the … Read more

Toyota Kirloskar Motor looks to expand used car biz across key cities

Toyota Kirloskar Motor looks to expand used car biz across key cities

Toyota Kirloskar Motor aims to expand its used car business across key cities, as per a senior company official. The automaker on Friday inaugurated its first company-owned Toyota Used Car Outlet (TUCO) in New Delhi under brand name Toyota U-Trust. “With the Indian used car market projected to grow at a CAGR of 8 per … Read more

Work stoppage averted as WestJet, aircraft engineers’ union reach tentative deal

Work stoppage averted as WestJet, aircraft engineers’ union reach tentative deal

WestJet and the union representing its maintenance engineers reached a tentative agreement late Sunday, averting a work stoppage that could have started disrupting flights as early as Tuesday afternoon. The Calgary-based airline and the Aircraft Mechanics Fraternal Association (AMFA), which represents the engineers who maintain WestJet aircraft and other technical operations employees, announced the development shortly after 10:30 p.m. MT on … Read more

Open banking could spur competition, but fintechs say Canada’s moving too slowly

Open banking could spur competition, but fintechs say Canada’s moving too slowly

Federal efforts to bring “open banking” to Canada are being welcomed by players in the industry — but there’s also criticism that, after years of waiting, any changes may not come fast enough to encourage innovation or allow smaller financial players compete with larger institutions. Open banking lets consumers or business customers share personal and financial information between approved banks and other … Read more

Math lessons from deepfakes of Drake, other celebrities on TikTok raise concerns about misinformation

Math lessons from deepfakes of Drake, other celebrities on TikTok raise concerns about misinformation

Sisters Leanne and Natasha Manikavasagar are no strangers to seeing AI-generated content on TikTok. But an AI-generated deepfake video of Drake teaching trigonometry took them by surprise. “I was shocked,” said Natasha, a Grade 9 student in Brampton Ont.  “Drake looked kind of weird, like his mouth did not match … the way he was … Read more

UP-Based Airline Shankh Air To Make Noida International Airport Its Main Hub

UP-Based Airline Shankh Air To Make Noida International Airport Its Main Hub

Last Updated: March 29, 2024, 15:59 IST UP-Based Airline Shankh Air to Make Noida International Airport Its Main Hub, Eyes Expansion. (Photo: Zee Business) Shankh Air is eager to collaborate closely with Noida International Airport to provide seamless connections to airports across the nation. Shankh Air, a domestic airline from Uttar Pradesh, is gearing up … Read more

SaltWire’s money woes a sign of bigger problems in the newspaper business: experts

SaltWire’s money woes a sign of bigger problems in the newspaper business: experts

The recent decision by SaltWire Network Inc., Atlantic Canada’s largest newspaper company, to seek protection from its creditors is another sign of the decline of the business and the growing threat to local journalism, experts said Tuesday. “We’re seeing a resurgence in a steady spate of closings and scaling back of local news operations,” said … Read more