Author: Mario Spencer

Lululemon’s net income down as brand promises product shakeup

People mill around outside a store that says Lululemon over a glass entranceway.

Interim co-chief executive and chief financial officer Meghan Frank said Tuesday that the apparel retailer plans to shake up its product assortment with fewer logos, a “more focused and co-ordinated” colour palette and a “more edited” assortment of small accessories.

Electricity demand, natural gas production, and renewable power expected to soar by 2050

ELECTRICITY

Electricity demand is set to boom in Canada by 2050, according to new modelling from the national energy regulator released on Tuesday.

U.S. government confirms Tesla and LG Energy Solution large battery deal

Tesla cars charge at a Supercharger charging station of the electric vehicle (EV) maker in Beijing, China March 24, 2025. File Photo

LG also owns and operates NextStar, a similar battery cell factory in Windsor, Ont.

Canada’s benchmark home price fell 4.8% in February compared to last year, says CREA

A real estate sign is shown in front of a large home.

National homes sales edged down in February from the previous month, and the benchmark price of a home fell by 4.8 per cent compared to the same time last year, according to data from the Canadian Real Estate Association.

Thinking of moving to a more ‘affordable’ part of the country? Consider this

An illustration depicting the cost of living crisis.

From affordable housing in Alberta to high taxes in Quebec, there are many widely accepted claims about the cost of living in different parts of the country. But are these preconceptions accurate?

Canada’s annual inflation rate fell to 1.8% in February, war’s impact not fully reflected

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Canada’s annual inflation rate fell to 1.8 per cent in February, Statistics Canada said on Monday.

Builders say Toronto World Cup traffic plan could stall projects and delay new homeowners

'Crazy' is how Richard Lyall describes the city's partial shutdown of some construction projects during the World Cup. He's president and CEO of the Residential Construction Council of Ontario.

As Toronto prepares to welcome hundreds of thousands of FIFA World Cup fans this summer, thousands of new homeowners could soon get some bad news because the city has severely limited construction activity downtown and along major arteries between May 1 and July 31.

Alberta power policies trigger $408M devaluation to ATCO’s wind and solar division, company says

Many large solar panels set up in rows in the foreground, wind turbines on the horizon in front of a cloudy sky

The Calgary-based giant warned of “legal recourse” if province doesn’t alter reforms that harm renewable projects.

Canadians might be soon waiting longer to have their air travel complaints heard

Passengers wheel luggage carts thorugh automatic doors. A flight chart is hanging on a wall above the doors.

The federal government is currently weighing whether to renew funding meant to address a massive backlog of airline passenger complaints — funding that if not extended could result in Canadians having to wait longer to have their cases heard.

Hyundai recalls thousands of 2026 Palisade SUVs, halts some sales after death of toddler in Ohio

The Hyundai Motor logo

Hyundai Motor Company said it is stopping sales of some new Palisade SUVs in ‌Canada and the United States and will recall tens of thousands of the vehicles over an issue with power seats, following a recent incident in which a two-year-old girl was killed in Ohio.