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the-market

Group of Tim Hortons franchisees in Quebec sue brand owner for $18.9M

by Anas Siddiqui
Group of Tim Hortons franchisees in Quebec sue brand owner for .9M

Several Quebec Tim Hortons franchisees are taking the brand’s owner to court, blaming what they describe as unreasonable constraints in the company’s licensing agreements for lower-than-expected profits. In a lawsuit …

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Canada is still backing the fossil fuel industry with billions, report finds

by Anas Siddiqui
Canada is still backing the fossil fuel industry with billions, report finds

A new report says the federal government is providing billions of dollars in financial support for the fossil fuel industry, despite measures announced last year to limit certain types of …

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Bank of Canada worries a rate cut now could overheat the spring housing market

by Anas Siddiqui
Bank of Canada worries a rate cut now could overheat the spring housing market

The Bank of Canada is trying to thread a needle. It’s keeping rates higher for longer at least in part because it’s worried a rate cut now could undermine the …

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Flair Airlines CEO looks to bid on Lynx planes after shutdown halts tentative merger

by Anas Siddiqui
Flair Airlines CEO looks to bid on Lynx planes after shutdown halts tentative merger

Flair Airlines chief executive Stephen Jones says he still hopes to add several Lynx Air planes to his fleet, even after their tentative merger fell through when Lynx shut down …

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As Lynx heads to the discount airline graveyard, what options do travellers have?

by Anas Siddiqui
As Lynx heads to the discount airline graveyard, what options do travellers have?

Less than two years after entering the market, Lynx Air is winding down operations, making the Calgary-based airline the latest in a long line of Canadian discount carriers that have …

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AI chatbots are sparking romance (with the chatbot, that is)

by Walter Watson
AI chatbots are sparking romance (with the chatbot, that is)

A few months ago, Derek Carrier started seeing someone and became infatuated. He experienced a “ton” of romantic feelings but he also knew it was an illusion. That’s because his …

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With Imran Khan in jail, Pakistan gears up for election most voters don’t trust

by Walter Watson
With Imran Khan in jail, Pakistan gears up for election most voters don’t trust

At the top of a winding road in the hills of Islamabad, deep in the backyard of a private home, dozens of people gather and wait for a political rally …

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Loblaw ending 50% discount on some food items raises concerns about anti-competitive behaviour

by Anas Siddiqui
Loblaw ending 50% discount on some food items raises concerns about anti-competitive behaviour

The revelation that Loblaw will end its 50 per cent discount on perishable foods like meat, fruit and vegetables as they near their best-before dates should attract the attention of Canada’s Competition Bureau, says one …

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New sugar refinery to be built in Hamilton will be Canada’s largest, says company

by Anas Siddiqui
New sugar refinery to be built in Hamilton will be Canada’s largest, says company

A new sugar refinery set to open in Hamilton’s port lands in 2025 is promising to be Canada’s largest, with capacity to produce 4,000 tonnes of refined sugar per day, …

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Car rental giant Hertz dumps EVs in U.S. in favour of gasoline engines

by Anas Siddiqui
Car rental giant Hertz dumps EVs in U.S. in favour of gasoline engines

Rental firm Hertz Global Holdings said on Thursday it would sell about 20,000 electric vehicles, including Teslas, from its U.S. fleet due to higher expenses related to collision and damage, and will opt …

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