Business

Canadian banks will give some insight into where they see the economy going when they start to report this week, with analysts watching for trends in key indicators like loan growth, capital raising, and how much banks are putting aside in case loans go sour. The Bay Street Financial District is shown in Toronto on Friday, August 5, 2022. THE CANADIAN PRESS/Nathan Denette

Canadian banks to report earnings amid rising interest rate environment

Analysts predicting growth in some areas, drop in others

Canadian banks will give some insight into where they see the economy going when they start to report this week, with analysts watching for trends in key indicators like loan growth, capital raising, and how much banks are putting aside in case loans go sour. The Bay Street Financial District is shown in Toronto on Friday, August 5, 2022. THE CANADIAN PRESS/Nathan Denette
Chrissy Olsen, second from left, says she is not sure yet what she will do after Sassy’s Restaurant closes this Saturday, but she will miss owner Cory Porter (left) as well as Barry McGarvy and Rich Nelson, who have also worked decades at the restaurant. (Wolf Depner/News Staff)

Staff says goodbye to Sassy’s Restaurant in Central Saanich

Chrissy Olsen will miss her colleagues and the Porters as the iconic restaurant closes this Saturday

Chrissy Olsen, second from left, says she is not sure yet what she will do after Sassy’s Restaurant closes this Saturday, but she will miss owner Cory Porter (left) as well as Barry McGarvy and Rich Nelson, who have also worked decades at the restaurant. (Wolf Depner/News Staff)
James Manke has been “overwhelmed” by the local support he’s received since rolling new life into the town’s iconic The Wreckage building with a brand new kayak museum. (Andrew Bailey photo)

Iconic building transformed into kayak museum in Ucluelet

West Coast celebrates opening of Manke at the Wreckage on Peninsula Road

James Manke has been “overwhelmed” by the local support he’s received since rolling new life into the town’s iconic The Wreckage building with a brand new kayak museum. (Andrew Bailey photo)
Long-time employees of Sassy’s Restaurant (from left) Rich Nelson (30 years), Chrissy Olsen (25 years) and Barry McGarvy join owner Cory Porter outside the restaurant as it prepares to closes its doors on Sunday (Aug.21) (Wolf Depner/News Staff)

Long-time family restaurant to close its doors in Central Saanich

Cory Porter opened Sassy’s 43 years ago as a Smitty’s, before rebranding

Long-time employees of Sassy’s Restaurant (from left) Rich Nelson (30 years), Chrissy Olsen (25 years) and Barry McGarvy join owner Cory Porter outside the restaurant as it prepares to closes its doors on Sunday (Aug.21) (Wolf Depner/News Staff)
Dr. Emily Roback recently opened Canada’s first sensory-friendly chiropractic office in Parksville. (Kevin Forsyth photo)

Parksville home to Canada’s first sensory-friendly chiropractic office

Dr. Emily Roback says a patient’s environment can help them heal

Dr. Emily Roback recently opened Canada’s first sensory-friendly chiropractic office in Parksville. (Kevin Forsyth photo)
Sarah Grant, Lia Crowe photography

Life.Style.Etc.

Sarah Grant, Founder & Lead Organizer, Be.neat Studio

  • Aug 12, 2022
Sarah Grant, Lia Crowe photography
WestJet has added a new direct route between Penticton and Vancouver. (Western News file)

WestJet adding direct flights between Vancouver and Penticton

The new flights will be six days a week

WestJet has added a new direct route between Penticton and Vancouver. (Western News file)
Lenny Cabrera - Lia Crowe photography

Finding The Sweet Spot

Beauty, libations and luxury

  • Aug 8, 2022
Lenny Cabrera - Lia Crowe photography
Gord Hayes - Lia Crowe photography

Developing a winning culture

Gord Hayes surrounds himself with winners as a path to success

  • Aug 5, 2022
Gord Hayes - Lia Crowe photography
This photo provided on Wednesday, Aug. 3, 2022, shows Allie Tarantino holding a baseball card featuring a very young Mark Zuckerberg grinning in a red jersey and gripping a bat. For 30 years Tarantino kept the baseball card filed it away in his basement, not knowing Zuckerberg would someday become a household name. (Shira Tarantino via AP)

How much is Zuckerberg worth? Card collector could find out

Former camp counselor says Facebook creator gave him signed baseball card of himself as a kid

This photo provided on Wednesday, Aug. 3, 2022, shows Allie Tarantino holding a baseball card featuring a very young Mark Zuckerberg grinning in a red jersey and gripping a bat. For 30 years Tarantino kept the baseball card filed it away in his basement, not knowing Zuckerberg would someday become a household name. (Shira Tarantino via AP)
Carlyne St Jules and her children (left to right) Jonah, 7, Savior, 2, and Sophia, 10 are shown in Montreal, Saturday, July 30, 2022. Inflation may force St Jules to cut short her family vacation this year. THE CANADIAN PRESS/Christopher Reynolds

‘The most expensive part of your years’: Parents feel inflation’s squeeze

Parents concerned about being able to afford opportunities for their kids

Carlyne St Jules and her children (left to right) Jonah, 7, Savior, 2, and Sophia, 10 are shown in Montreal, Saturday, July 30, 2022. Inflation may force St Jules to cut short her family vacation this year. THE CANADIAN PRESS/Christopher Reynolds
Sean Kady is co-owner of Cosmic Charlies, a Toronto cannabis company that uses a punch card loyalty program to draw in consumers. THE CANADIAN PRESS/HO-Charles Lady

Price matching, loyalty programs adding to race for lowest Canadian cannabis prices

Industry members concerned price war could push out independent, small businesses

Sean Kady is co-owner of Cosmic Charlies, a Toronto cannabis company that uses a punch card loyalty program to draw in consumers. THE CANADIAN PRESS/HO-Charles Lady
An Air Canada jet takes off from Trudeau Airport in Montreal, Thursday, June 30, 2022. THE CANADIAN PRESS/Graham Hughes

Air Canada reports Q2 loss, posts a nearly 5-fold jump in revenue

Revenue totalled $3.98 billion

An Air Canada jet takes off from Trudeau Airport in Montreal, Thursday, June 30, 2022. THE CANADIAN PRESS/Graham Hughes
People purchase ice cream from one of Meedo Falou’s Rainbow Ice Cream trucks, in Tsawwassen, B.C., on Monday, August 1, 2022. Much of Canada has been sweltering, but that’s cold comfort for ice cream truck vendors like Falou, who says inflation and high fuel costs are melting away his profits. THE CANADIAN PRESS/Darryl Dyck

VIDEO: B.C. ice cream truck operator says inflation is chilling business, despite summer swelter

Rainbow Ice Cream owner says cost of sweet treat has gone up 60 per cent

People purchase ice cream from one of Meedo Falou’s Rainbow Ice Cream trucks, in Tsawwassen, B.C., on Monday, August 1, 2022. Much of Canada has been sweltering, but that’s cold comfort for ice cream truck vendors like Falou, who says inflation and high fuel costs are melting away his profits. THE CANADIAN PRESS/Darryl Dyck
The DVBA keeps more than 200 containers of a variety of shades of paint in its stores at the ready to cover graffiti as it appears. (Courtesy Downtown Victoria Business Association)

City develops resources for recovery through Downtown Victoria Business Association

Ambassadors, clean committee bolster confidence in safe downtown

  • Jul 31, 2022
The DVBA keeps more than 200 containers of a variety of shades of paint in its stores at the ready to cover graffiti as it appears. (Courtesy Downtown Victoria Business Association)
Rogers Communications Inc. signage is pictured in Ottawa on Tuesday, July 12, 2022. The company released its second quarter 2022 results today. THE CANADIAN PRESS/Sean Kilpatrick

Rogers extends deadline to close $26-billion takeover of Shaw to Dec. 31

Deal still needs approval from competition bureau and economic development department

Rogers Communications Inc. signage is pictured in Ottawa on Tuesday, July 12, 2022. The company released its second quarter 2022 results today. THE CANADIAN PRESS/Sean Kilpatrick
Shopify Inc. says it will layoff 10 per cent of its workforce because the company misjudged the growth of e-commerce. Shopify Inc. headquarters signage in Ottawa on Tuesday, May 3, 2022. THE CANADIAN PRESS/Sean Kilpatrick

‘I got this wrong:’ Shopify CEO announces plan to layoff 10 per cent of staff

Layoffs come as buyers revert to pre-pandemic shopping habits

Shopify Inc. says it will layoff 10 per cent of its workforce because the company misjudged the growth of e-commerce. Shopify Inc. headquarters signage in Ottawa on Tuesday, May 3, 2022. THE CANADIAN PRESS/Sean Kilpatrick
A Sunwing aircraft is parked at Montreal Trudeau airport in Montreal on Wednesday, March 2, 2022. Unifor says the Canadian government should block the WestJet Group’s takeover of Sunwing Airlines Inc. unless it can guarantee job creation and investments in workers. THE CANADIAN PRESS/Paul Chiasson

Unifor pushes for job guarantees in federal review of Westjet’s takeover of Sunwing

Union concerned acquisition will create lower wages, job instability

A Sunwing aircraft is parked at Montreal Trudeau airport in Montreal on Wednesday, March 2, 2022. Unifor says the Canadian government should block the WestJet Group’s takeover of Sunwing Airlines Inc. unless it can guarantee job creation and investments in workers. THE CANADIAN PRESS/Paul Chiasson
The House of Commons industry committee will hold two hearings today about the Rogers outage that lasted more than 15 hours and left millions of Canadians in a communications blackout. People use Starbucks’ provided WIFI at a store in Toronto amid a nationwide Rogers outage, affecting many of the telecommunication company’s services, Friday, July 8, 2022. THE CANADIAN PRESS/Cole Burston

Rogers unable to switch customers to Bell, Telus during outage, despite competing carrier offers

As a result, Rogers was unable to route most 911 calls

The House of Commons industry committee will hold two hearings today about the Rogers outage that lasted more than 15 hours and left millions of Canadians in a communications blackout. People use Starbucks’ provided WIFI at a store in Toronto amid a nationwide Rogers outage, affecting many of the telecommunication company’s services, Friday, July 8, 2022. THE CANADIAN PRESS/Cole Burston
The Ice Cream Truck offers a live tracking system so you don’t have to chase down a sweet cool treat this summer. (Courtesy The Ice Cream Truck)

Ice cream trucks at the ready as heat set to soar in Greater Victoria

Track The Ice Cream Truck or get a text to plan your day

The Ice Cream Truck offers a live tracking system so you don’t have to chase down a sweet cool treat this summer. (Courtesy The Ice Cream Truck)