‘I refuse to apologize for our success’: Behind Michael Medline’s fierce defence of profitable grocers

Grocers aren’t ripping you off, Medline says, as industry faces government probe into whether profits are driving inflation Empire chief executive Michael Medline at the company’s headquarters in October. Photo by Peter J. Thompson/National Post Michael Medline was adamant: The big grocers didn’t rip you off this year. Advertisement 2 This advertisement has not loaded… Continue reading ‘I refuse to apologize for our success’: Behind Michael Medline’s fierce defence of profitable grocers

Greedflation outcry will fade when facts revealed

This advertisement has not loaded yet, but your article continues below. Watch: Gary Sands talks about the outlook for the food sector in 2023 A person pushes a shopping cart through the produce section of a grocery store in Toronto. Photo by Carlos Osorio/Reuters Article content Gary Sands, senior vice president at the Canadian Federation… Continue reading Greedflation outcry will fade when facts revealed

BHP to start recruiting hundreds to operate world’s largest potash mine in Saskatchewan

Planning to hire 600 people in 2023, with large portion of workforce drawn from local community A construction worker “tubbing” a mine shaft at BHP Billiton Ltd.’s Jansen potash mine. Photo by BHP Billiton Seasons change, and so does the weather, but one thing remains constant in Saskatchewan: BHP Group Ltd. keeps pressing forward with… Continue reading BHP to start recruiting hundreds to operate world’s largest potash mine in Saskatchewan

Choppy stock, bond markets make alternative investments more attractive

The important role alternative investments can play in support of a 60/40 portfolio is one of the key takeaways from 2022 A stock trader works on the floor of the New York Stock Exchange on Dec. 21 in New York City. It’s been a tough year for the classic 60/40 investment portfolio. Photo by Michael… Continue reading Choppy stock, bond markets make alternative investments more attractive

Independent assessment of Paramount Fine Foods ordered by judge in long-running dispute

‘The deadlock must be broken, or all hands will go down with the ship’ Signs for Paramount Fine Foods in the Gateway Plaza. Photo by DAX MELMER/Windsor Star files A judge has ordered boardroom changes and an independent assessment of Paramount Fine Foods’ financials to resolve a paralyzing dispute between prominent businessman Mohamad Fakih and… Continue reading Independent assessment of Paramount Fine Foods ordered by judge in long-running dispute

Extreme cold weather knocks out Suncor refinery until next March

Colorado facility represents 21% of Suncor’s refining capacity Published Dec 29, 2022  •  1 minute read 5 Comments Suncor’s Commerce City refinery in Colorado has been closed for repairs after extreme cold weather in the U.S. damaged equipment. Photo by Suncor Energy Inc. Extreme cold weather in the United States has knocked out operations at… Continue reading Extreme cold weather knocks out Suncor refinery until next March

What net zero looks like and what it could mean for Canada

This advertisement has not loaded yet, but your article continues below. Watch: David Layzell, an energy transition architect, talks about the outlook for the energy sector in 2023 and beyond Published Dec 31, 2022  •  Last updated 5 hours ago  •  < 1 minute read 6 Comments Canada has laid out its target for electric vehicles… Continue reading What net zero looks like and what it could mean for Canada

David Rosenberg: Jay Powell is making it up as he goes along to justify tightening at any cost

The bull market must really be into disingenuousness U.S. Federal Reserve chair Jerome Powell is trying to find any reason to keep on tightening, writes David Rosenberg. Photo by Win McNamee/Getty Images Remember in the first half of the year when real gross domestic (GDP) in the United States was contracting, and U.S. Federal Reserve… Continue reading David Rosenberg: Jay Powell is making it up as he goes along to justify tightening at any cost