Higher airfares likely upshot of Sunwing-WestJet integration, experts say – Business News
Higher airfares on way
The Canadian Press – Jun 19, 2023 / 9:35 am | Stories: 432620
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Experts say WestJet’s decision to shut down Sunwing Airlines and fold it into its main operations will mean less service and higher fares — particularly in Western Canada and smaller cities across the country.
Sunwing told its employees it was being absorbed by its new owner on Wednesday, less than a week after WestJet announced plans to shutter discount subsidiary Swoop.
John Gradek, who teaches at McGill University’s aviation management program, says the latest move is bad news for…
Stem & Vine pairs plants and pinot, Stable & Saloon still idle, and Baltimore chefs prepare for cook-off
Mount Vernon got a dose of bad news over the weekend with the announcement that its only grocery store, Eddie’s of Mount Vernon, will be closing at the end of June. But it’s not all doom and gloom.
This week, I have news of a plant shop-slash-bar coming to the neighborhood, as well as some insight into what will become of the old Mount Vernon Stable & Saloon space. Read on for those details, plus an exciting announcement for fans of cooking competitions.
Here’s some positive news for Mount Vernon: the neighborhood will soon have a plant shop, bar and…
British brewers sell weaker beer but don’t cut prices
LONDON –
Brewers in the United Kingdom are cutting the alcohol content — but not the price — of several of their most popular beers in what’s been described as another example of “shrinkflation.”
Greene King, a major UK brewer and pub chain, has cut the ABV, or alcohol content, of its popular Old Speckled Hen pale ale to 4.8% from 5%, a spokesperson for Greene King told CNN.
In March, the country’s oldest brewer, Shepherd Neame, slashed the ABV of its bottled Spitfire and Bishop’s Finger ales to 4.2% and 5.2% respectively, from 4.5% and 5.4%, a spokesperson said.…
Cathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion Surge
(Bloomberg) — Cathie Wood’s flagship exchange-traded fund closed out its Nvidia Corp. stake in early January. Then, came the artificial intelligence frenzy that sent the stock and its big tech peers on a tear.
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The chipmaker has added around $560 billion in market capitalization since Wood dumped her shares — with the last $200 billion of that surge coming overnight after the company handily beat earnings.
Although Wood holds Nvidia across several of her smaller funds, investors in the flagship ARK Innovation ETF (ticker ARKK) have mostly been left out of this year’s blistering 159.90% rally.…
How student loans keep some people trapped in debt
When Samuel Bonne received $15,000 in student grants to fund his studies, he wasn’t expecting to have to pay it back. But just two years later — in the middle of the pandemic — those grants were converted to loans.
At the end of his sophomore year at the University of Toronto, the Ontario Student Assistance Program (OSAP) asked Bonne, originally from Mauritius, for his parents’ financial documents, but they couldn’t provide them.
“My dad works in Kenya and my mom doesn’t work,” said Bonne. “So I ended up having $15,000 in loans that I did not know about.”
Bonne,…
Why Your Business Should Be on Instagram
Since its inception, Instagram has been a powerful marketing tool for businesses looking to expand their presence and product visibility. Because Instagram is a highly visual platform, it’s an excellent social media marketing tool for showcasing cool, innovative, interesting, and beautiful products and services. Industries such as fashion, food, travel, beauty, home decor, gardening and events enjoy enormous success by adding Instagram engagement to their marketing plans.
We’ll share why businesses can benefit significantly from an Instagram account and offer tips for optimizing your Instagram presence.
Check out these social media marketing resources to learn more about an inexpensive way…
Laurentian under time crunch for new strategic plan
Following the CCAA exit, Sudbury university must come up with a strategic plan in six months, an exercise most universities take a year or more to complete
Laurentian University’s upcoming strategic planning process is operating under a tight timeline.
The university was legally obligated under its plan of arrangement following its late-2022 exit from insolvency to hire a consultant to assist with its new strategic plan. Canadian company StrategyCorp was hired for that role earlier this month.
Laurentian is also mandated to complete its strategic plan and have the document approved by its board by the end of December of…
The CanadianSME Small Business Magazine is thrilled to announce the fourth edition of Small Business Expo 2023, a one-day event for small business owners and entrepreneurs to showcase the latest innovations in technology: Empowering Small Businesses to Thrive in the Digital Era
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Published June 13, 2023 • 4 minute read
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The CanadianSME Small Business Expo 2023 is a continuation of our dedication to supporting Canadian SMEs. The theme of Small Business Expo 2023 is “Leveraging Technology For Small Business Growth.”
MISSISSAUGA, Ontario, June 13, 2023 (GLOBE NEWSWIRE) — CanadianSME Small Business expo will welcome several experts sitting…
