Canadian seniors are wealthier than ever. Do seniors’ discounts still make sense?

Canadian seniors are wealthier than ever. Do seniors’ discounts still make sense?

Cost of Living9:09Is it time to retire the seniors’ discount? Whether she’s attending a chamber performance or playing in one, cellist and teacher Laura Backstrom says one thing is pretty consistent — the audience “looks like a sea of white hair,” she says. In contemplating why that is, Backstrom, 60, said she initially thought it was because seniors … Read more

Loblaw agrees to sign grocery code of conduct — but only if competitors do

Loblaw agrees to sign grocery code of conduct — but only if competitors do

Loblaw Companies Ltd. said Thursday it’s ready to sign on to the grocery code of conduct, paving the way for an agreement that’s been years in the making. After six months of negotiations, Loblaw president and CEO Per Bank said the retailer is now ready to sign as long as other industry players do too. “The … Read more

Body Shop Canada to lay off 200 workers after parent company took its cash, court docs show

Body Shop Canada to lay off 200 workers after parent company took its cash, court docs show

The Body Shop Canada Ltd. is seeking creditor protection and closing a third of its stores because its parent company stripped the Canadian arm of cash and pushed it into debt, according to court documents. An affidavit published through the company’s court monitor from Jordan Searle, who heads the Canadian arm, describes how troubles befell … Read more