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Amid high inflation, MPs should push grocer CEOs to disclose margins on food: experts

Amid high inflation, MPs should push grocer CEOs to disclose margins on food: experts

OTTAWA — As members of Parliament gear up to grill the CEOs of Canada's largest grocery store chains, experts say elected officials should push for more transparency on why grocers are making so much money. The CEOs and presidents of Loblaw Cos. Ltd.
Vancouver-based Wealth One Bank fined for anti-money laundering violations

Vancouver-based Wealth One Bank fined for anti-money laundering violations

Wealth One Bank failed to submit suspicious transaction reports 'where there were reasonable grounds to suspect that transactions were related to a money laundering offence,' according to regulators
Advisory firms recommend Ritchie Bros. shareholders vote against IAA deal

Advisory firms recommend Ritchie Bros. shareholders vote against IAA deal

VANCOUVER — A report by Institutional Shareholder Services recommends shareholders of Ritchie Bros. Auctioneers Inc. vote against the company's deal to buy automotive salvage company IAA Inc.
CN workers back union strike mandate as contract talks for 3,000 employees continue

CN workers back union strike mandate as contract talks for 3,000 employees continue

MONTREAL — CN workers backed a strike vote with negotiations set to resume on a contract for around 3,000 Canadian employees.
Air travellers face higher airport fees following pandemic disruptions

Air travellers face higher airport fees following pandemic disruptions

TORONTO — Canadian travellers are facing increased airport fees after the pandemic grounded revenues and led to more debt for airports across the country.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Bank of Canada rate announcement The Bank of Canada will make its next interest rate announcement on Wednesday.
Top business stories of the week (Feb. 27 to March 3)

Top business stories of the week (Feb. 27 to March 3)

What we've been following in business this past week
In the Courts: Ford vehicle owners propose B.C. class-action suit over ‘spontaneous’ fires

In the Courts: Ford vehicle owners propose B.C. class-action suit over ‘spontaneous’ fires

Plaintiffs claim car giant’s solution was ‘inadequate’ and created new problems
Downtown Vancouver to lose massive Nordstrom department store very soon

Downtown Vancouver to lose massive Nordstrom department store very soon

A very sudden loss
Canfor Pulp lost $42.9M in 2022

Canfor Pulp lost $42.9M in 2022

Supply chain disruptions, fibre shortages and the closure of P.G. Pulp and Paper pulp line contributed to the loss.