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PC Financial customers to transfer to new direct bank brand Simplii as CIBC, Loblaw part ways

Grocery chain Loblaw Companies Ltd. and the Canadian Imperial Bank of Commerce have terminated their 19-year President’s Choice Financial partnership as the bank unveiled its own digital brand Wednesday. PC Financial users will transition to CIBC’s new Simplii Financial mobile and online brand, with their deposits, mortgages and loans — which have been backed by CIBC since 1998 — rebranded …

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Baggage system glitch causes delays at Pearson’s terminal 3

A glitch with the baggage system at Pearson International Airport’s terminal 3 continues to cause delays for departing passengers on Wednesday. The issue started around 6 p.m. on Tuesday. Greater Toronto Airports Authority spokesperson Robin Smith said there was a problem with the induction conveyor belt, which means crews were not able to get the baggage from the terminal and …

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Sears Canada to make fund for former employees denied severance

Lawyers representing workers at Sears Canada and the company have reached a deal to create a hardship fund for former employees who were denied severance payments when they lost their jobs at the retailer. The $500,000 for the fund will come from money set aside to pay bonuses under a key employee retention plan at the retailer, which is restructuring …

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North Korean threats aren’t deterring tourists from visiting Guam

HAGATNA, GUAM—Tourists haven’t been deterred from visiting the tropical island of Guam even though the U.S. territory has been the target of threats from North Korea during a week of angry words exchanged by Pyongyang and Washington. Chiho Tsuchiya of Japan heard the news, but she decided to come anyway with her husband and two children. “I feel Japan and …

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Here’s what Canada wants from NAFTA — and where we may clash

OTTAWA — The Canadian government’s goals for modernizing NAFTA include preserving the pact’s dispute settlement mechanism, Foreign Minister Chrystia Freeland said on Monday, setting up a potential clash with the United States. In a speech today, Freeland shared a half-dozen NAFTA goals for the talks that start Wednesday — including stronger labour standards and tougher environmental protection provisions. She says …

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Google CEO cancels ‘town hall’ on gender dispute amid employee safety concerns

PALO ALTO, CALIF.—Google CEO Sundar Pichai has cancelled an internal town hall meant to address gender discrimination after employee questions for management began to leak online. Pichai said in an email to staff that several Google employees became fearful for their safety and grew concerned about being outed for speaking up at the town hall. He said the company will …

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Oprah Winfrey tapped to soup up Kraft Heinz’s bottom line

Kraft Heinz Co., struggling to ignite sales growth amid punishing grocery-industry competition, is turning to media magnate Oprah Winfrey to break out of a prolonged slump. Winfrey, pivotal to the turnaround at Weight Watchers International Inc. since she bought a stake in that company and agreed to pitch the brand, is the face of a new line of refrigerated soups and …

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Coconut’s versatility and popularity to boost tropical planting

Coconuts seem to be everywhere these days. Whether as “water” in PepsiCo Inc.’s Naked drink range, as “milk” in Starbucks Corp.’s coffees, as shampoo in L’Oréal SA’s products or even as a patty in Beyond Meat’s vegan burgers, the tropical fruit has captured new markets with a growing reputation as a healthy, natural product. The popularity has been a boon …

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A good budget includes pleasure with the pain

I have a line on my budget called “Pleasures.” It’s where I put the money I spend getting a massage, buying those delicious ginger/peach candles and anything else that I want to splurge on in a month. I guess I should put all the wonderful teas I buy under this category, but I put them under “food” leaving more space …

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