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Canadian Tire beefs up supply chain 'monster machine' to secure inventory, customers

Canadian Tire beefs up supply chain 'monster machine' to secure inventory, customers

In a pandemic world where inventory is king, Canadian Tire Corp. hopes to secure its spot as one of Canada's reigning retailers by strengthening its supply chain.
Manulife subsidiary buys timberlands in Maine for carbon sequestration

Manulife subsidiary buys timberlands in Maine for carbon sequestration

TORONTO — A U.S. subsidiary of Manulife Financial Corp. has bought 36,000 hectares of timberlands in Maine that will be used for carbon sequestration. Financial terms of the deal by Hancock Natural Resource Group were not immediately available.
Canadians don't want to spend on suits, dress attire at work

Canadians don't want to spend on suits, dress attire at work

Before the pandemic, Rachelle Waterman used to head to the shopping mall before every big work event or weekend outing.
Back-to-back 1% price hike; wholesale prices rise in July

Back-to-back 1% price hike; wholesale prices rise in July

WASHINGTON (AP) — Inflation at the wholesale level jumped a higher-than-expected 1% in July, matching the rise from the previous month, and dimming hopes that the upward trajectory of prices would begin to slow.
US jobless claims near pandemic low as economy strengthens

US jobless claims near pandemic low as economy strengthens

WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell for a third straight time last week, the latest sign that employers are laying off fewer people as they struggle to fill a record number of open jobs and meet a surge in con
Brookfield Asset Management reports Q2 profit, distributable earnings up

Brookfield Asset Management reports Q2 profit, distributable earnings up

TORONTO — Brookfield Asset Management Inc. reported a profit in its latest quarter compared with a loss a year ago. The asset manager, which keeps its books in U.S.
Pedro Almodóvar warns against algorithms in Instagram row

Pedro Almodóvar warns against algorithms in Instagram row

MADRID (AP) — Declaring “victory” over Instagram after a controversial poster for his upcoming film was censored and then reinstated, Spanish director Pedro Almodóvar said Thursday that society must be alert to the power of algorithms in deciding wha
Durst says he lied to police about night wife disappeared

Durst says he lied to police about night wife disappeared

LOS ANGELES (AP) — Real estate heir Robert Durst testified Wednesday that he has changed his mind many times about whether he actually saw his wife step onto a commuter train for Manhattan on the night she disappeared in 1982, and said he lied to pol
California requires vaccines, tests for teachers and staff

California requires vaccines, tests for teachers and staff

SAN FRANCISCO (AP) — California will become the first state in the nation to require all teachers and school staff to get vaccinated or undergo weekly COVID-19 testing, as schools return from summer break amid growing concerns about the highly contag
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,554.01, up 58.27 points.) Manulife Financial Corp. (TSX:MFC). Financials. Up 36 cents, or 1.43 per cent, to $25.50 on 18.
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