Business

Can Liam and Olivia afford to retire and take the vacation of their dreams?

Liam, 64, and Olivia, 62, are deciding between the Galapagos or New Zealand as their first big retirement vacation.Christopher Katsarov/The Globe and the Mail Like many people their age, Liam and Olivia can’t wait to retire from the workforce, take a big trip somewhere far away, then come home and adore their grandchildren. Liam is …

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Does dropping an AirTag in your luggage really help? ‘It takes two to retrieve your item’

What caused the FAA outage? Why experts think ancient technology may play a role Here’s what we know about the FAA system outage that caused more than 10,000 US flights to be delayed or cancelled. Just the FAQ, USA TODAY Harry Campbell swears by putting tracking devices in his luggage. “For the last few months …

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Tata’s Air India to seal half of jumbo jet order: sources

NEW DELHI, Jan 27 (Reuters) – Air India will seal half of an order for some 495 planes with Boeing (BA.N) and engine suppliers General Electric (GE.N) and CFM International on Friday, sources at the airline said. industry, as its new owner seeks to revive the airline and compete with larger rivals. After months of …

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Imperial Oil inaugurates Canada’s largest renewable diesel production facility near Edmonton

An Imperial Oil renewable diesel facility to be built at its Strathcona refinery near Edmonton is expected to cost $720 million.DARRYL DYCK/The Canadian Press Imperial Oil Ltd. IMO-T pledged to build the country’s largest renewable diesel refinery on Thursday, investing $720 million in a facility that will convert Alberta crops into fuel that will primarily …

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Thursday Analyst Ups and Downs

Inside the market roundup of some of today’s analysts’ key stocks After a “very challenging” 2022, RBC Dominion Securities analyst Drew McReynolds predicts that rising macroeconomic concerns and higher interest rates will continue to “negatively affect” the performance of Canadian media stocks. “Until there is more visibility on whether a soft or hard landing scenario …

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82 Million Problems Remain After Vancouver City Council Vows To Eliminate Single-Use Cup Fee

Breadcrumb Trail Links Local news Vancouver Mayor Ken Sim said his ABC party would scrap the 25-cent disposable cup fee unless there was proof it was reducing waste. Jennifer Henry, president and CEO of Perk Eco, a company that recycles coffee shop waste, with one of her company’s recycling stations at Bean Around the World …

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Bank of Canada raises key interest rate by 25 basis points, signals end of hikes for now – National | globalnews.ca

The Bank of Canada delivered another hike to its key interest rate on Wednesday, but said this could be the peak of the current tightening cycle. The central bank raised its policy rate to 4.5 percent in its first decision of 2023, an increase of 25 basis points. This is the Bank of Canada’s highest …

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A BC man sold a fake $1 million stake in a legendary hotel that wasn’t his, according to a panel | CBC News

The BC Securities and Exchange Commission says a Vancouver Island man conned an investor out of $1 million by lying about ownership of a legendary hotel. A BCSC panel found that Timothy Craig Durkin misled an investor by falsely representing that SHH Holdings, through a subsidiary, owned all shares of the Sooke Harbor House hotel. …

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Appeals Court Rejects Competition Office Decision to Block Rogers’ Acquisition of Shaw | CBC News

Canada’s Federal Court of Appeal has rejected the Competition Office’s request to block Rogers’ acquisition of Shaw, a decision that removes one of the final hurdles standing in the way of the $20 billion merger for keep going The merger, first proposed in 2021, would see Toronto-based Rogers Communications Inc. take over its Calgary-based rival …

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Insurance agency operating in BC ordered to retrain Ontario agents

No similar orders have been placed in BC, where the company has five offices. A life insurance agency that operates five offices in BC has been sanctioned by Ontario’s financial regulator for potentially deceptive sales tactics. Greatway Financial Inc. agents can be located at offices in Abbotsford, Kelowna, Surrey, Burnaby and Victoria. While their counterparts …

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