Category: Haida Nation

Live news: Loblaw to build more than 40 new stores, create 7,500 jobs in $2-billion expansion

Article contentTop storyLoblaw to build more than 40 new stores in $2-billion expansionLoblaw Cos. Ltd. says it will build more than 40 new stores as part of a record investment plan of more than $2 billion.Article contentThe parent company of Loblaws and Shoppers Drug Mart said it will also expand or relocate another 10 locations.It will renovate more than 700 others.Loblaw said the company’s capital investments this year are expected to create more than 7,500 jobs in Canada.The company has a network of 2,500 stores across the country.In addition to Loblaws and Shoppers Drug Mart, the company’s banners include No Frills, Real Canadian Superstore and T&T.— The Canadian Press7:15 a.m.Stock markets before the opening bellUnited States equity futures declined amid growing conviction that the U.S. Federal Reserve will hold interest rates higher for longer to curb a resilient economy — with some investors even starting to speculate that the next move may be up.Futures on the S&P 500 and Nasdaq 100 were pointing to a down day when Wall Street reopens after Monday’s public holiday. Nvidia Corp. declined in pre-market trading ahead of its widely anticipated earnings report due Wednesday. Discover Financial Services surged after Capital One Financial Corp. agreed to buy the credit card issuer. Capital One dropped. The 10-year Treasury yield and the dollar were steady.Article contentTraders have in recent weeks moved rate-cut expectation out to June, from March, as a phalanx of Federal Reserve officials warned against over-exuberant expectations of policy easing, and economic data continued to surprise to the upside. Former U.S. Treasury Secretary Lawrence Summers said on Friday “there’s a meaningful chance” the next move is up.The S&P/TSX composite index closed up 0.16 per vent on Friday.— BloombergWhat to watch todayInnovation Minister François-Philippe Champagne will take part in discussions with players from the mining and critical minerals sector at an event in Rouyn-Noranda, Que.Deputy Prime Minister Chrystia Freeland will deliver remarks and participate in a fireside conversation at the Association quebecoise de la production d’energie renouvelable 2024 symposium, in Quebec City.Statistics Canada releases the consumer price index for January this morning.Companies reporting earnings today include First Quantum Minerals Ltd., Walmart Inc., The Home Depot Inc. and Barclays PLC.Recommended from Editorial Closures and layoffs loom in ‘tough time’ for retailers How to build a retirement ‘paycheque’ to replace your work one Need a refresher on Friday’s top headlines? Get caught up here.Additional reporting by The Canadian Press, Associated Press and BloombergBookmark our website and support our journalism: Don’t miss the business news you need to know — add financialpost.com to your bookmarks and sign up for our newsletters here.Share this article in your social network

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Two BC cities named among cheapest spots to retire in Canada – Daily Hive

Two BC cities have been ranked among Canada’s 10 cheapest places to retire based on various factors, including weather and overall quality of life.Travel + Leisure, a media publication highlighting places that readers may not have considered travelling to, has listed 10 spots that are the cheapest to retire in Canada.
West Kelowna and Prince George made the list, and here’s why.
Out of the 10 cheapest Canadian spots to retire, West Kelowna and Prince George ranked number five and six on the list, respectively.
West Kelowna

In the blurb about West Kelowna, Travel + Leisure quotes a retiree named John MacNichol, who suggested that BC had the best weather of all the provinces.
“Winter is not as cold, but we have skiing in Whistler, farms and wineries in Okanagan (where I live), and the beautiful city of Vancouver.”
Some reasons West Kelowna ranked in the top 10 include the area’s mild climate, beautiful lakes, parks, and outdoor activities. It also compares the cost of living with another popular spot for people to retire, New York City, suggesting that rents are 63% lower in West Kelowna.
West Kelowna is smaller than Kelowna, with a much smaller population.
Prince George

Travel + Leisure says Prince George has over 100 parks and green spaces, rivers, and five nearby ski hills, with a city that offers a vibrant arts scene.
Weather is mixed in Prince George, where winters can get extremely cold.
Compared to New York City, rent in Prince George is 79% lower. Zumper confirms a wild difference in median rent rates between the two cities.
The cities that beat out BC for the cheapest places to retire in order of rank are Quebec City, Fredericton, Charlottetown, and Halifax.

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Live news: Loblaw to build more than 40 new stores, create 7,500 jobs in $2-billion expansion

Article contentTop storyLoblaw to build more than 40 new stores in $2-billion expansionLoblaw Cos. Ltd. says it will build more than 40 new stores as part of a record investment plan of more than $2 billion.Article contentThe parent company of Loblaws and Shoppers Drug Mart said it will also expand or relocate another 10 locations.It will renovate more than 700 others.Loblaw said the company’s capital investments this year are expected to create more than 7,500 jobs in Canada.The company has a network of 2,500 stores across the country.In addition to Loblaws and Shoppers Drug Mart, the company’s banners include No Frills, Real Canadian Superstore and T&T.— The Canadian Press7:15 a.m.Stock markets before the opening bellUnited States equity futures declined amid growing conviction that the U.S. Federal Reserve will hold interest rates higher for longer to curb a resilient economy — with some investors even starting to speculate that the next move may be up.Futures on the S&P 500 and Nasdaq 100 were pointing to a down day when Wall Street reopens after Monday’s public holiday. Nvidia Corp. declined in pre-market trading ahead of its widely anticipated earnings report due Wednesday. Discover Financial Services surged after Capital One Financial Corp. agreed to buy the credit card issuer. Capital One dropped. The 10-year Treasury yield and the dollar were steady.Article contentTraders have in recent weeks moved rate-cut expectation out to June, from March, as a phalanx of Federal Reserve officials warned against over-exuberant expectations of policy easing, and economic data continued to surprise to the upside. Former U.S. Treasury Secretary Lawrence Summers said on Friday “there’s a meaningful chance” the next move is up.The S&P/TSX composite index closed up 0.16 per vent on Friday.— BloombergWhat to watch todayInnovation Minister François-Philippe Champagne will take part in discussions with players from the mining and critical minerals sector at an event in Rouyn-Noranda, Que.Deputy Prime Minister Chrystia Freeland will deliver remarks and participate in a fireside conversation at the Association quebecoise de la production d’energie renouvelable 2024 symposium, in Quebec City.Statistics Canada releases the consumer price index for January this morning.Companies reporting earnings today include First Quantum Minerals Ltd., Walmart Inc., The Home Depot Inc. and Barclays PLC.Recommended from Editorial Closures and layoffs loom in ‘tough time’ for retailers How to build a retirement ‘paycheque’ to replace your work one Need a refresher on Friday’s top headlines? Get caught up here.Additional reporting by The Canadian Press, Associated Press and BloombergBookmark our website and support our journalism: Don’t miss the business news you need to know — add financialpost.com to your bookmarks and sign up for our newsletters here.Share this article in your social network

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Two BC cities named among cheapest spots to retire in Canada – Daily Hive

Two BC cities have been ranked among Canada’s 10 cheapest places to retire based on various factors, including weather and overall quality of life.Travel + Leisure, a media publication highlighting places that readers may not have considered travelling to, has listed 10 spots that are the cheapest to retire in Canada.
West Kelowna and Prince George made the list, and here’s why.
Out of the 10 cheapest Canadian spots to retire, West Kelowna and Prince George ranked number five and six on the list, respectively.
West Kelowna

In the blurb about West Kelowna, Travel + Leisure quotes a retiree named John MacNichol, who suggested that BC had the best weather of all the provinces.
“Winter is not as cold, but we have skiing in Whistler, farms and wineries in Okanagan (where I live), and the beautiful city of Vancouver.”
Some reasons West Kelowna ranked in the top 10 include the area’s mild climate, beautiful lakes, parks, and outdoor activities. It also compares the cost of living with another popular spot for people to retire, New York City, suggesting that rents are 63% lower in West Kelowna.
West Kelowna is smaller than Kelowna, with a much smaller population.
Prince George

Travel + Leisure says Prince George has over 100 parks and green spaces, rivers, and five nearby ski hills, with a city that offers a vibrant arts scene.
Weather is mixed in Prince George, where winters can get extremely cold.
Compared to New York City, rent in Prince George is 79% lower. Zumper confirms a wild difference in median rent rates between the two cities.
The cities that beat out BC for the cheapest places to retire in order of rank are Quebec City, Fredericton, Charlottetown, and Halifax.

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