Business

Wrestler Logan Paul, right, kicks Seth “Freakin” Rollins during the WWE Monday Night RAW event, Monday, March 6, 2023, in Boston. WWE’s WrestleMania arrives this weekend, Saturday, April 1, to a massive audience and vastly larger advertising revenue as it seeks to establish itself as a serious contender for major advertising bucks. (AP Photo/Charles Krupa)

WWE’s WrestleMania extravaganza draws sponsors to the ring

Sponsorship revenue for this year’s event has doubled to more than $20 million

Houses and townhouses are seen in an aerial view in Langley, B.C., on Wednesday May 16, 2018. A new report says home construction in British Columbia will need to quickly rise to unprecedented levels to offset the impact of record immigration on the housing market.THE CANADIAN PRESS/Darryl Dyck

Unprecedented construction needed in B.C. to offset record immigration: Report

Report: province must build 25 per cent more new homes than usual for the next five years

Walmart Canada CEO Gonzalo Gebara spoke before the parliamentary committee on food inflation on March 27, 2023. Customers shop for food at Walmart in Salem, N.H., Monday, June 5, 2017. THE CANADIAN PRESS/AP-Elise Amendola

Walmart Canada CEO says retailer not trying to profit from inflation

Gonzalo Gebara told MPs Walmart Canada’s gross profit rate for its food business declined last year

FILE - A Twitter logo hangs outside the company’s offices in San Francisco, on Dec. 19, 2022. William Shatner, Monica Lewinsky and other prolific Twitter commentators — some household names, others little-known journalists — could soon be losing the blue check marks that helped verify their identity on the social media platform. (AP Photo/Jeff Chiu, File)

Twitter celebs balk at paying Elon Musk for blue check mark

Musk says Saturday is the deadline for those verified for free to pay or lose their legacy status

FILE - A Twitter logo hangs outside the company’s offices in San Francisco, on Dec. 19, 2022. William Shatner, Monica Lewinsky and other prolific Twitter commentators — some household names, others little-known journalists — could soon be losing the blue check marks that helped verify their identity on the social media platform. (AP Photo/Jeff Chiu, File)
FILE - The Twitter splash page is seen on a digital device on April 25, 2022, in San Diego. Some parts of Twitter's source code, the fundamental computer code on which the social network operates, were leaked online, the social media company said in a legal filing on Sunday, March 26, 2023. (AP Photo/Gregory Bull, File)

Twitter hunts Github user who posted source code online

Some parts of Twitter’s source code — the fundamental computer code on…

FILE - The Twitter splash page is seen on a digital device on April 25, 2022, in San Diego. Some parts of Twitter's source code, the fundamental computer code on which the social network operates, were leaked online, the social media company said in a legal filing on Sunday, March 26, 2023. (AP Photo/Gregory Bull, File)
Animikii founder and CEO Jeff Ward is photographed outside the Songhees Wellness Centre in Victoria, Monday, March 20, 2023. THE CANADIAN PRESS/Chad Hipolito

For one tech company, Indigenous values are central to hiring, projects and strategy

Love, truth and respect guide practices at Animikii

Animikii founder and CEO Jeff Ward is photographed outside the Songhees Wellness Centre in Victoria, Monday, March 20, 2023. THE CANADIAN PRESS/Chad Hipolito
François-Philippe Champagne, Minister of Innovation, Science and Industry speaks at the Prospectors & Developers Association of Canada (PDAC) conference regarding the future of critical metals and investing in Canada in Toronto, Monday, March 6, 2023. THE CANADIAN PRESS/Nathan Denette

Liberals introduce legislation to create a corporate ownership registry

Goal is easier identification of owners of corporations tied to financial malfeasance

François-Philippe Champagne, Minister of Innovation, Science and Industry speaks at the Prospectors & Developers Association of Canada (PDAC) conference regarding the future of critical metals and investing in Canada in Toronto, Monday, March 6, 2023. THE CANADIAN PRESS/Nathan Denette
Minister of Canadian Heritage Pablo Rodriguez prepares to appear before the Senate Committee on Transport and Communications on Bill C-11 in the Senate of Canada Building in Ottawa on Tuesday, Nov. 22, 2022. The bill, also known as the Online Streaming Act, is one of several problematic Canadian initiatives tech leaders in the U.S. want President Joe Biden to raise with Prime Minister Justin Trudeau this week. THE CANADIAN PRESS/Justin Tang

Take hard line on Canada’s digital tax, online laws, tech associations urge Biden

Online Streaming Act, Online News Act troubling for American industry coalition

Minister of Canadian Heritage Pablo Rodriguez prepares to appear before the Senate Committee on Transport and Communications on Bill C-11 in the Senate of Canada Building in Ottawa on Tuesday, Nov. 22, 2022. The bill, also known as the Online Streaming Act, is one of several problematic Canadian initiatives tech leaders in the U.S. want President Joe Biden to raise with Prime Minister Justin Trudeau this week. THE CANADIAN PRESS/Justin Tang
Women from the We Wai Kai First Nation danced during a blessing ceremony for the new Starbucks store to be built at the Quinsam Reserve. Photo by Marc Kitteringham/Campbell River Mirror

Canada’s first Indigenous-owned licensed Starbucks to open on Vancouver Island

‘We just knew we needed to take a shot’ — We Wai Kai Chief Ronnie Chickite

Women from the We Wai Kai First Nation danced during a blessing ceremony for the new Starbucks store to be built at the Quinsam Reserve. Photo by Marc Kitteringham/Campbell River Mirror
Harjit Sajjan speaks with a reporter during an interview in Ottawa on Wednesday, November 18, 2015. THE CANADIAN PRESS/ Patrick Doyle

Feds spend $26M on growth and innovation of Vancouver-based companies

Funds to assist development of power drills and virtual reality, among other advancements

Harjit Sajjan speaks with a reporter during an interview in Ottawa on Wednesday, November 18, 2015. THE CANADIAN PRESS/ Patrick Doyle
A Nordstrom department store is shown at Sherway Gardens in Toronto on Thursday, March 9, 2023. THE CANADIAN PRESS/Nathan Denette

Nordstrom Canada to begin liquidation Tuesday after receiving court’s permission

Court: Nordstrom facing difficult time, but process unfolding in a very cooperative manner

A Nordstrom department store is shown at Sherway Gardens in Toronto on Thursday, March 9, 2023. THE CANADIAN PRESS/Nathan Denette
Scott Thompson, founder of Mad Laboratory Distilling, works to keep grains moving from a hopper as they are fed to a mash tank while steam rises from a still being cleaned at the distillery, in Vancouver, on Thursday, March 9, 2023. Mad Lab switched to produce hand sanitizer during the pandemic but is now back to full-time production of alcoholic beverages.THE CANADIAN PRESS/Darryl Dyck

How did these companies survive the pitfalls of the pandemic pivot?

Many who turned to produce hand sanitizer, PPE in 2020 have struggled to transition back

Scott Thompson, founder of Mad Laboratory Distilling, works to keep grains moving from a hopper as they are fed to a mash tank while steam rises from a still being cleaned at the distillery, in Vancouver, on Thursday, March 9, 2023. Mad Lab switched to produce hand sanitizer during the pandemic but is now back to full-time production of alcoholic beverages.THE CANADIAN PRESS/Darryl Dyck
A Canadian Pacific Railway locomotive is shown at the main CP Rail train yard in Toronto on Monday, March 21, 2022. Canadian Pacific Railway Ltd. says it will officially combine with Kansas City Southern Railway Co. on April 14 under a new name, Canadian Pacific Kansas City.THE CANADIAN PRESS/Nathan Denette

CP Rail, Kansas City Southern Rail to combine next month after U.S. approval

$31B U.S. deal creates the only railway stretching from Canada through to the U.S. and Mexico

A Canadian Pacific Railway locomotive is shown at the main CP Rail train yard in Toronto on Monday, March 21, 2022. Canadian Pacific Railway Ltd. says it will officially combine with Kansas City Southern Railway Co. on April 14 under a new name, Canadian Pacific Kansas City.THE CANADIAN PRESS/Nathan Denette
file photo

Businesses expect slower sales in short term as cost, labour issues persist: survey

Canadian Chamber of Commerce research shows one-third of companies expect to raise prices

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Photo by Richard Shotwell/Invision/AP, File

T-Mobile acquires Mint, partially owned by Ryan Reynolds

Mint Mobile, partly owned by actor Ryan Reynolds, is being acquired by…

Photo by Richard Shotwell/Invision/AP, File
A fire, set in diapers in the Nanaimo Walmart, closed the store for five days in February and caused tens of thousands of merchandise items, including food, to be tossed in the garbage, according to a statement from Walmart Canada. (News Bulletin file photo)

Walmart reports ‘tens of thousands of items’ destroyed after Nanaimo diaper fire

Food spoiled, baby essentials ruined in ‘dangerous and shameful’ arson incident last month

A fire, set in diapers in the Nanaimo Walmart, closed the store for five days in February and caused tens of thousands of merchandise items, including food, to be tossed in the garbage, according to a statement from Walmart Canada. (News Bulletin file photo)
Used medical masks overflow a waste bin at the University of Calgary Medical Clinics in Calgary, Alta., Thursday, Nov. 17, 2022.THE CANADIAN PRESS/Jeff McIntosh

Rise and fall of Canada’s domestic PPE market blamed on government policy

‘We’ve got an industry that is just running on fumes’

Used medical masks overflow a waste bin at the University of Calgary Medical Clinics in Calgary, Alta., Thursday, Nov. 17, 2022.THE CANADIAN PRESS/Jeff McIntosh
Aerial view of Kelowna. (Brittany Webster/Capital News)

A new way to travel: Vancouver-based company opens marketplace for private flights

Airble partners with air operators for flexible air travel options

Aerial view of Kelowna. (Brittany Webster/Capital News)
Black Press Media File

Honda recalling 500,000 vehicles to fix seat belt problem

Honda is recalling a half-million vehicles in the U.S. and Canada because…

Black Press Media File
FILE - Ryan Reynolds arrives at the 36th annual American Cinematheque Awards, Nov. 17, 2022, at the Beverly Hilton Hotel in Beverly Hills, Calif. U.S. wireless carrier T-Mobile announced Wednesday, March 15, 2023, that it is buying prepaid wireless brand Mint Mobile, in which actor Ryan Reynolds is a part owner, as part of a cash-and-stock deal worth up to $1.35 billion. (Photo by Richard Shotwell/Invision/AP, File)

T-Mobile acquires Mint, partially owned by Ryan Reynolds, in $1.35 billion deal

Reynolds to retain his role with Mint as part of the U.S. wireless deal

FILE - Ryan Reynolds arrives at the 36th annual American Cinematheque Awards, Nov. 17, 2022, at the Beverly Hilton Hotel in Beverly Hills, Calif. U.S. wireless carrier T-Mobile announced Wednesday, March 15, 2023, that it is buying prepaid wireless brand Mint Mobile, in which actor Ryan Reynolds is a part owner, as part of a cash-and-stock deal worth up to $1.35 billion. (Photo by Richard Shotwell/Invision/AP, File)