Give us our daily bread: why a food cartel probe is necessary

Give us our daily bread: why a food cartel probe is necessary
The Competition Bureau’s investigation into bread pricing is likely intended to tell Canadian grocers to stop squeezing food processors By Sylvain Charlebois Senior Fellow Atlantic Institute for Market Studies Is a bread cartel alive and well in Canada? The Competition Bureau is investigating major grocery chains in search of evidence of retail bread price fixing. Loblaws, Sobeys, Metro, Walmart and... Read More

Don’t rely on governments to spur technological breakthroughs

Don’t rely on governments to spur technological breakthroughs
Governments only role should be to ensure that intellectual property (IP) rights are protected By Joseph Quesnel Research Associate Frontier Centre for Public Policy Human ingenuity – often motivated by profit – is generally miles ahead of government regulations in resolving problems in society. Take, for example, the issue of orphan wells in Alberta. In September 2016, the Alberta Energy... Read More

Time to turn the tide against anti-petroleum politicians

Time to turn the tide against anti-petroleum politicians
Ordinary Canadians need to protect their investment in the resource sector – and the quality of life we enjoy because of it – from the duplicity of politicians By Bill Whitelaw President and CEO JuneWarren-Nickle’s Energy Group Canada has millions of passive oil and gas investors who just don’t know how their dollars are working for them. They have no... Read More

Valeant expected to take big writedown on sale of female libido drug

Valeant expected to take big writedown on sale of female libido drug
MONTREAL — Valeant Pharmaceuticals International Inc. has signed a deal to sell its Sprout Pharmaceuticals subsidiary and its female sexual dysfunction drug to the company’s former owners. Under the deal, Valeant will receive a six per cent royalty on sales of Addyi starting 18 months from the signing of the sale agreement. The agreement also ends a legal dispute between... Read More

Tech, housing boom creates homeless crisis on West Coast

Tech, housing boom creates homeless crisis on West Coast
SEATTLE — In a park in the middle of a leafy, bohemian neighbourhood where homes list for close to $1 million, a tractor’s massive claw scooped up the refuse of the homeless – mattresses, tents, wooden frames, a wicker chair, an outdoor propane heater. Workers in masks and steel-shanked boots plucked used needles and mounds of waste from the underbrush. Just a... Read More

Greater Montreal homes sold quicker in October as prices rose 9.2 per cent

Greater Montreal homes sold quicker in October as prices rose 9.2 per cent
MONTREAL — Greater Montreal homes sold more quickly in October as continued strong demand propelled average prices 9.2 per cent higher, the area’s real estate board said Monday. “The single-family home and plex markets are becoming increasingly favourable to sellers, as selling times for these property categories are falling,” said Mathieu Cousineau, president of the Greater Montreal Real Estate Board. Single family... Read More

Resource sectors push Toronto stock index up, U.S. stock markets higher

Resource sectors push Toronto stock index up, U.S. stock markets higher
TORONTO — The energy and materials sectors helped Canada’s main stock index move higher in late-morning trading, as oil, gold and copper prices moved up. The S&P/TSX composite index was up 70.17 points to 16,090.33, after 90 minutes of trading. In New York, the Dow Jones industrial average was up 3.24 points to 23,542.43. The S&P 500 index was up 1.37... Read More