Business

Minister of Innovation, Science and Industry Francois-Philippe Champagne speaks to reporters at the Liberal summer caucus retreat in St. Andrews, N.B. on September 13, 2022. When Innovation Minister François-Philippe Champagne gets in front a microphone these days to talk about electrifying Canada’s auto industry, he has a favourite line to sum up his efforts to attract global investment. “Not everyone in the world wakes up thinking about Canada,” he says. His job, as he sees it, is to change that. THE CANADIAN PRESS/Darren Calabrese
Minister of Innovation, Science and Industry Francois-Philippe Champagne speaks to reporters at the Liberal summer caucus retreat in St. Andrews, N.B. on September 13, 2022. When Innovation Minister François-Philippe Champagne gets in front a microphone these days to talk about electrifying Canada’s auto industry, he has a favourite line to sum up his efforts to attract global investment. “Not everyone in the world wakes up thinking about Canada,” he says. His job, as he sees it, is to change that. THE CANADIAN PRESS/Darren Calabrese
Cannabis is shown in a display jar on the first morning of opening for Toronto’s “The Hunny Pot,” one of the retail stores licensed to sell Cannabis in Ontario, on Monday, April 1, 2019. Toronto cannabis shoppers will soon be able to request cannabis deliveries through Uber Eats. THE CANADIAN PRESS/Chris Young
Cannabis is shown in a display jar on the first morning of opening for Toronto’s “The Hunny Pot,” one of the retail stores licensed to sell Cannabis in Ontario, on Monday, April 1, 2019. Toronto cannabis shoppers will soon be able to request cannabis deliveries through Uber Eats. THE CANADIAN PRESS/Chris Young
Cannabis cuttings are photographed at the CannTrust Niagara Greenhouse Facility during the grand opening event in Fenwick, Ont., on Tuesday, June 26, 2018. Cannabis industry observers say how seriously some in the sector treat marijuana regulations in the future could hinge on the outcome of a case against the former CannTrust Holdings Inc. leaders, whose company was caught growing pot in unlicensed rooms. THE CANADIAN PRESS/Tijana Martin

Tough ruling against former cannabis execs could send message: experts

CannTrust found to have been growing thousand of kilograms of cannabis in unlicensed rooms

Cannabis cuttings are photographed at the CannTrust Niagara Greenhouse Facility during the grand opening event in Fenwick, Ont., on Tuesday, June 26, 2018. Cannabis industry observers say how seriously some in the sector treat marijuana regulations in the future could hinge on the outcome of a case against the former CannTrust Holdings Inc. leaders, whose company was caught growing pot in unlicensed rooms. THE CANADIAN PRESS/Tijana Martin
A real estate sale sign is shown in a west-end Toronto neighbourhood Saturday, March 7, 2020. THE CANADIAN PRESS/Graeme Roy

CREA reports home sales in typically busy September continued to slow

September sales were down 3.9 per cent compared with August

A real estate sale sign is shown in a west-end Toronto neighbourhood Saturday, March 7, 2020. THE CANADIAN PRESS/Graeme Roy
(Phil McLachlan - Western News File)

Penticton home to more than 3,600 businesses, 6% growth since 2021: City data

The city’s top industries of employment include health care, social assistance and retail

(Phil McLachlan - Western News File)
Canadian Foreign Minister Melanie Joly and Japanese Foreign Minister Yoshimasa Hayashi pose for media prior to their meeting at the Iikura Guest House in Tokyo, Tuesday, Oct. 11, 2022. THE CANADIAN PRESS/.AP-Yuichi Yamazaki/Pool Photo via AP
Canadian Foreign Minister Melanie Joly and Japanese Foreign Minister Yoshimasa Hayashi pose for media prior to their meeting at the Iikura Guest House in Tokyo, Tuesday, Oct. 11, 2022. THE CANADIAN PRESS/.AP-Yuichi Yamazaki/Pool Photo via AP
An Air Canada Airbus A220-300 airliner from Toronto arrives at Halifax Stanfield International Airport in Enfield, N.S. on Monday, June 28, 2021. The Montreal-based airline plans to resume flights to Japan, with routes from Vancouver to Tokyo Haneda and Vancouver to Osaka, starting next summer. THE CANADIAN PRESS/Andrew Vaughan
An Air Canada Airbus A220-300 airliner from Toronto arrives at Halifax Stanfield International Airport in Enfield, N.S. on Monday, June 28, 2021. The Montreal-based airline plans to resume flights to Japan, with routes from Vancouver to Tokyo Haneda and Vancouver to Osaka, starting next summer. THE CANADIAN PRESS/Andrew Vaughan
People shop for produce and seafood at the Granville Island Market in Vancouver, on Wednesday, July 20, 2022. THE CANADIAN PRESS/Darryl Dyck

RBC economists say recession could arrive as early as Q1 of next year

Federal budget officer projects considerably slower economy, declining federal deficit

People shop for produce and seafood at the Granville Island Market in Vancouver, on Wednesday, July 20, 2022. THE CANADIAN PRESS/Darryl Dyck
Whizbang Boxing coach and co-owner Shawn Desautels works the speed bag. (Lachlan Labere-Salmon Arm Observer)

Salmon Arm couple’s boxing gym on good footing in city’s downtown

Whizbang Boxing’s Shawn Desautels aims to foster a love for the sweet science

Whizbang Boxing coach and co-owner Shawn Desautels works the speed bag. (Lachlan Labere-Salmon Arm Observer)
Doug Pawson, executive director of End Homelessness St. John's, poses for a picture in the City Centre of St. John's Newfoundland and Labrador on Friday, October 30, 2020. Anti-poverty advocates say the one-time cash payments being given to aid residents in several provinces deal with inflation are a missed opportunity to help those with the most need. THE CANADIAN PRESS/Paul Daly

As provinces hand out cash, advocates say inflation help should be more targeted

One-time nature of government payments mean they don’t address enduring needs

Doug Pawson, executive director of End Homelessness St. John's, poses for a picture in the City Centre of St. John's Newfoundland and Labrador on Friday, October 30, 2020. Anti-poverty advocates say the one-time cash payments being given to aid residents in several provinces deal with inflation are a missed opportunity to help those with the most need. THE CANADIAN PRESS/Paul Daly
Ships are loaded with coal at Westshore Terminals in Delta, B.C., on Wednesday February 19, 2014, as seen from a National Aerial Surveillance Program flight. THE CANADIAN PRESS/Darryl Dyck

Westshore Terminals reaches tentative deal with union, work resumes at terminal

Terms of the six-year agreement with Local 502 were not immediately available

Ships are loaded with coal at Westshore Terminals in Delta, B.C., on Wednesday February 19, 2014, as seen from a National Aerial Surveillance Program flight. THE CANADIAN PRESS/Darryl Dyck
Minister of Immigration, Refugees and Citizenship Sean Fraser arrives for question period in the House of Commons on Parliament Hill in Ottawa on Monday, Oct. 3, 2022. THE CANADIAN PRESS/Sean Kilpatrick

Canada to allow international students to work more hours due to labour shortage

CASA: ‘This is not only a win for international students, but also for Canada’

Minister of Immigration, Refugees and Citizenship Sean Fraser arrives for question period in the House of Commons on Parliament Hill in Ottawa on Monday, Oct. 3, 2022. THE CANADIAN PRESS/Sean Kilpatrick
The directors of the Penticton Chamber att the announcement for this year’s Business Excellence Awards. (brennan Phillips - Western News)
The directors of the Penticton Chamber att the announcement for this year’s Business Excellence Awards. (brennan Phillips - Western News)
Seaspan B.C. tugboat operations ground to a halt after unionized marine workers launched job action at noon on Thursday (Aug. 25). (Seaspan photo)

How 165 workers parked tugboats and froze a B.C. shipyard

Other unions drawn into dispute between Seaspan, tugboat staff at North Vancouver shipyard, drydock

Seaspan B.C. tugboat operations ground to a halt after unionized marine workers launched job action at noon on Thursday (Aug. 25). (Seaspan photo)
Prime Minister Justin Trudeau, front right, and Squamish Nation councillor Khelsilem arrive for an announcement and groundbreaking at the First Nation’s Senakw housing development site in Vancouver on Tuesday, Sept. 6, 2022. A Vancouver residents association has launched a legal bid to quash the services agreement between the city and the Squamish Nation relating to the largest Indigenous-led housing and retail development in Canadian history. THE CANADIAN PRESS/Darryl Dyck

Lawsuit targets largest Indigenous-led housing and retail development in B.C. history

Group argues services deal for Squamish Nation’s Senakw project in Vancouver unlawfully approved

Prime Minister Justin Trudeau, front right, and Squamish Nation councillor Khelsilem arrive for an announcement and groundbreaking at the First Nation’s Senakw housing development site in Vancouver on Tuesday, Sept. 6, 2022. A Vancouver residents association has launched a legal bid to quash the services agreement between the city and the Squamish Nation relating to the largest Indigenous-led housing and retail development in Canadian history. THE CANADIAN PRESS/Darryl Dyck
A package of Pawsitive Bones, a dog treat, produced by Food Shift, made of ingredients that are usually discarded, is shown Tuesday, Sept. 13, 2022 in Alameda, California. “Best before” labels are coming under scrutiny as concerns about food waste grow around the world. Manufacturers have used the labels for decades to estimate peak freshness. But “best before” labels have nothing to do with safety, and some worry they encourage consumers to throw away food that’s perfectly fine to eat. (AP Photo/Terry Chea)

‘Best Before’ labels scrutinized as food waste concerns grow

‘These dates don’t actually mean that they’re not edible or they’re not still nutritious or tasty’

A package of Pawsitive Bones, a dog treat, produced by Food Shift, made of ingredients that are usually discarded, is shown Tuesday, Sept. 13, 2022 in Alameda, California. “Best before” labels are coming under scrutiny as concerns about food waste grow around the world. Manufacturers have used the labels for decades to estimate peak freshness. But “best before” labels have nothing to do with safety, and some worry they encourage consumers to throw away food that’s perfectly fine to eat. (AP Photo/Terry Chea)
Shown is the Leonard L. Williams Justice Center housing the Court of Chancery in Wilmington, Del., Tuesday, Oct. 4, 2022. Elon Musk is abandoning his legal battle to back out of buying Twitter by offering to go through with his original $44 billion bid for the social media platform. The offer comes just two weeks before Twitter’s lawsuit seeking to force Musk to go through with the deal goes to trial in Delaware Chancery Court. (AP Photo/Matt Rourke)

Musk Twitter turnaround highlights legal challenge he faced

Billionaire says he’ll now complete the deal, but only if trial is put on hold

Shown is the Leonard L. Williams Justice Center housing the Court of Chancery in Wilmington, Del., Tuesday, Oct. 4, 2022. Elon Musk is abandoning his legal battle to back out of buying Twitter by offering to go through with his original $44 billion bid for the social media platform. The offer comes just two weeks before Twitter’s lawsuit seeking to force Musk to go through with the deal goes to trial in Delaware Chancery Court. (AP Photo/Matt Rourke)
Bank towers are shown from Bay Street in Toronto's financial district, on Wednesday, June 16, 2010. Top Canadian corporations paid $30 billion less in taxes in 2021 than would be expected, according to a new report from Canadians for Tax Fairness. THE CANADIAN PRESS/Adrien Veczan

Advocacy group calls out corporate ‘tax avoidance,’ cites billions lost in new report

Canadians for Tax Fairness found average $13.5 billion shortfall in tax revenues before pandemic

Bank towers are shown from Bay Street in Toronto's financial district, on Wednesday, June 16, 2010. Top Canadian corporations paid $30 billion less in taxes in 2021 than would be expected, according to a new report from Canadians for Tax Fairness. THE CANADIAN PRESS/Adrien Veczan
Houses are seen on a hillside in Burnaby, B.C., on Saturday, April 17, 2021. The Real Estate Board of Greater Vancouver says September’s homes sales dropped by 46 per cent since last year and 10 per cent from August. THE CANADIAN PRESS/Darryl Dyck

Vancouver home sales down from August, way down from a year ago

Last month’s sales were almost 36 per cent below the 10-year September sales average

Houses are seen on a hillside in Burnaby, B.C., on Saturday, April 17, 2021. The Real Estate Board of Greater Vancouver says September’s homes sales dropped by 46 per cent since last year and 10 per cent from August. THE CANADIAN PRESS/Darryl Dyck
FILE - Tesla Motors, Inc. CEO Elon Musk speaks at the Paris Pantheon Sorbonne University as part of the COP21, United Nations Climate Change Conference in Paris on Dec. 2, 2015. An early prototype of Tesla Inc.’s proposed Optimus humanoid robot slowly and awkwardly walked onto a stage, turned, and waved to a cheering crowd at the company’s artificial intelligence event Friday, Sept. 30, 2022. (AP Photo/Francois Mori, File)

What if Musk loses the Twitter case but defies the court?

Analyst: Damages for breach of contract might be a possible remedy if Tesla owner loses court battle

FILE - Tesla Motors, Inc. CEO Elon Musk speaks at the Paris Pantheon Sorbonne University as part of the COP21, United Nations Climate Change Conference in Paris on Dec. 2, 2015. An early prototype of Tesla Inc.’s proposed Optimus humanoid robot slowly and awkwardly walked onto a stage, turned, and waved to a cheering crowd at the company’s artificial intelligence event Friday, Sept. 30, 2022. (AP Photo/Francois Mori, File)
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