business

More than a year after the Buy Canadian movement took root, grocery giants Loblaw and Sobeys are facing increased scrutiny over “maple washing” — the practice of promoting imported goods as homegrown. Source link

Letters notifying resellers of inspection were sent out last week, and investigators are starting to inspect ticket resellers and big companies like StubHub this week, according to Minister of Public and Business Service Delivery and Procurement Stephen Crawford. But resale sites say they’re still looking for guidance on how to implement the rules. Source link

More Canadians are filing for insolvency according to the latest data from the Office of the Superintendent of Bankruptcy, as rising costs stretch consumers to their limits. Source link

Keyera Corp. has closed its deal to buy the Canadian natural gas liquids business of U.S. firm Plains All American Pipeline LP despite a challenge launched by the federal competition regulator. The company says it completed the acquisition Tuesday for $5.3 billion including closing adjustments. Source link

In a country dominated by Tim Hortons, will anyone run to Dunkin’? Montreal-based restaurant operator Foodtastic thinks so, and plans to bring hundreds of the doughnut shops to Canada as early as this year. Source link

GameStop CEO Ryan Cohen has argued that by combining GameStop and eBay, he could cut costs and find synergies to create a much bigger enterprise. But analysts and investors had wondered whether the offer by GameStop, which is much smaller than the company its trying to buy, stood a chance. Source link

Between some provinces not selling American alcohol — part of the response to the trade war started by the U.S. — and consumers choosing not to buy it, the actions have been “devastating,” says the CEO of the Distilled Spirits Council of the United States. Source link

Vancouver and Kamloops will be home to a new data centre cluster under a planned partnership announced by the federal government and Telus. Source link

Spring seeding is underway and as farmers spend long hours in the tractor planting their crops, they’re facing hefty increases to the cost of fuel and diesel. They’re already concerned about the 2027 crop year year too, since many will be making those large fuel and fertilizer purchases in the months ahead. Source link

Condo sales picked up in April, as lower prices and borrowing costs helped buyers jump into the market. After years of sky-high prices and sluggish sales, one of the country’s most expensive housing markets is seeing something of a condo rebound. Source link