From Rogers’ community outage to Loblaw’s No Title worth freeze, listed below are our picks for probably the most noteworthy company happenings this 12 months
Article content material
Outage outrage
Commercial 2
Article content material
We like to hate our telecoms and Rogers Communications Inc. offered loads of fodder in July when a 19-hour community outage pressured greater than 1 / 4 of the inhabitants off the web and wi-fi. Debit and credit score machines didn’t work, emergency calls went nowhere and the Weeknd was pressured to cancel a live performance in Toronto because of the lack of connectivity. Telus Corp. took benefit of the chance to tweet, “Outages aren’t interesting. Change to Telus.” Rogers ultimately filed a 39-page reply to questions from the Canadian Radio-television and Telecommunications Fee concerning the outage, however CEO Tony Staffieri in an open letter blamed it on “a community system failure following a upkeep replace in our core community.” He stated Rogers would be taught from its mistake, however only one factor: its wi-fi community in April 2021 equally crashed, with the corporate on the time blaming a software program replace. Good factor it realized its lesson again then.
Article content material
Commercial 3
Article content material
Meals struggle
Galen Weston’s public declaration in October that Loblaw Cos. Inc. would freeze costs on its 1,500-strong No Title product lineup was met with an odd combination of reward and scorn. The previous as a result of meals costs have been hovering by double digits this 12 months; the latter as a result of competitor Metro Inc. rapidly revealed that each one the massive grocers freeze costs on all merchandise — retailer manufacturers and nationwide manufacturers — at the moment of 12 months. “It’s an business follow to have a worth freeze from Nov. 1 to Feb. 5 for all private-label and national-brand grocery merchandise and this would be the case in all of Metro banners (in Ontario, Metro, Meals Fundamentals Ltd., Marché Adonis),” Metro said. Loblaw tried to make the case that wasn’t true, however to no avail.
Commercial 4
Article content material
Watch out for the pod, individuals
Espresso pods are a brewing enterprise, however there have lengthy been questions concerning the further waste they create, so it’s a market ripe for a recyclable model, one thing Keurig Canada Inc. in 2019 claimed it had developed. Only one drawback: the flowery Ok-Cup pods have been nonetheless not recyclable in most elements of Canada regardless of Keurig promoting them as such. After following up on complaints, the Competitors Bureau in January fined the corporate $3 million and made it give $800,000 to a Canadian charitable group centered on environmental causes. So as to add insult to harm, Keurig needed to pay an extra $85,000 for the prices related to the bureau’s investigation, change its recyclable claims and publish its errors on its web site and social media, in addition to on nationwide and native information retailers.
Commercial 5
Article content material
The artwork of delay
The Canadian Transportation Company (CTA) now requires airways to offer passengers with both a refund or rebooking, on the passenger’s alternative, when there’s a flight cancellation or prolonged delay for any purpose outdoors of the airline’s management or unrelated to issues of safety. The brand new guidelines shut a regulatory loophole within the company’s 2019 guidelines that said ticket holders have been entitled to $900 to $2,400 in compensation for flight delays inside an airline’s management. However each Air Canada and WestJet Airways Ltd. have denied ticket holders compensation for delayed or cancelled flights as a result of they declare staffing shortages are a security concern. The CTA has disputed that as a legitimate purpose. The CTA acquired a complete of 28,673 complaints for the 12 months as much as March 31, 2022, together with 12,158 new complaints and 16,515 carried over from the earlier fiscal 12 months. Of the whole, about half concerned flight disruptions, whereas ticketing and reservations complaints additionally numbered within the 1000’s.
Commercial 6
Article content material
A weighty matter
Weight-loss schemes are all the time fashionable, particularly since many people have been sitting on our duff for the higher a part of three years, however they’re usually too good to be true as shoppers of WeightOFF Max!, Forskolin+ and Forskolin Nx may need found. The Competitors Bureau in April dominated that NuvoCare Well being Sciences Inc. and founder Ryan Foley “made advertising claims that gave the false or deceptive impression that their merchandise have been confirmed to trigger weight reduction.” Within the settlement, they agreed to pay $100,000 in complete penalties, change or take away all weight-loss claims about their merchandise and agreed to not do it once more. Seems, there’s simply no substitute for laborious work.
Good day dad … I’m in jail
Commercial 7
Article content material
You’ve little question labored some voluntary time beyond regulation throughout your profession, however most likely not since you have been threatened with jail time for those who didn’t. Scaffolding firm AlumaSafway did simply that, sending a memo to employees at a Suncor Inc. web site demanding they settle for “voluntary” time beyond regulation shifts or face termination, a hiring ban, authorized motion and doable fines or jail time. However the firm had the Alberta Labour Relations Board on its facet: “The board finds the workers’ concerted refusal to just accept time beyond regulation shifts for the aim of compelling the employer to comply with phrases and situations of employment, which constitutes a refusal to work, to be an unlawful strike,” it dominated after employees refused to tackle time beyond regulation regardless of it being a situation of their union settlement.
Commercial 8
Article content material
Finance, schminance
We’re dishonest a bit right here as a result of the Ontario Securities Fee issued a press launch on Dec. 30, 2021, to say that cryptocurrency alternate Binance was not licensed to “provide buying and selling in derivatives or securities to individuals or firms situated within the province,” however the is-it-or-isn’t-it debate lingered on into 2022. That’s partly as a result of Binance on Dec. 29, 2021, notified customers it was allowed to proceed operations in Ontario regardless of earlier saying it could withdraw from the province as a result of it wasn’t. All of it led to the OSC publishing a pledge in March by Binance Holdings Ltd. and Binance Canada Capital Markets Inc. to stop opening new accounts and buying and selling in present ones. The OSC later completely banned Mek International Ltd., integrated within the Republic of Seychelles, and PhoenixFin Pte Ltd., integrated in Singapore (collectively, KuCoin) for working an unregistered crypto asset buying and selling platform. It’s not known as crypto for nothing.
Commercial 9
Article content material
Gray matter
Sure firms and industries have picture points, together with, it appears, Bell Media Inc., which determined to not renew Lisa LaFlamme’s contract in August regardless of her being an extremely fashionable anchor with multiple million nightly viewers and a 35-year profession with CTV Information. Change occurs, however the timing was a bit suspicious on condition that vice-president of stories Michael Melling had allegedly questioned the 58-year-old anchor’s choice to let her hair go gray, prompting recommendations that ageism and sexism have been the trigger behind her departure. Father or mother firm BCE Inc. later issued a memo to staff denying something alongside these strains was behind the choice, including that Melling had gone on depart. No phrase on what number of gray hairs he has now.
Commercial 10
Article content material
-
Eating with … Michele Romanow: The fintech founder and Dragon on what’s subsequent
-
Boomtown, B.C.: The deliberate progress of the liquefied pure fuel business is popping Kitimat into the subsequent vitality centre
-
The brand new local weather king: Lance Uggla is making use of his golden contact to firms attempting to avoid wasting the planet
The superb print
Numerous surveys point out a waning belief within the media, maybe as a result of a variety of the issues we learn within the “media” aren’t by accredited information organizations in any respect, however thinly disguised propaganda or promotional materials. Take Bearing Sources Ltd. (now generally known as Bearing Lithium Corp.), a penny inventory miner that in 2017 employed Inventory Social Inc. to, amongst different issues, write an advertorial for newswires and web sites, and push promotional posts from 19 social media influencers on platforms together with Twitter, LinkedIn, Fb, investFeed and iHub. All of which is okay besides nothing indicated that Bearing had paid for the promotion, thereby violating the British Columbia Securities Fee’s act. Consequently, the fee in August ordered the corporate and its former CEO Jeremy Arthur William Poirier to pay a mixed $35,000 in fines.
Commercial 11
Article content material
Tag ’em and bag ’em
Karolina Zikova of Chilliwack, B.C., in Could was browsing Amazon.ca for a washing swimsuit for her eight-year-old niece when she got here throughout a third-party vendor advert for a “woman’s sporty swimsuit” exhibiting a younger woman sporting a white bathing swimsuit. OK to date, however there was a message on the swimsuit: “I like c–ok.” Amazon Canada eliminated the offending gadgets after being knowledgeable about it, however Zikova then got here throughout a kids’s hoodie displaying the identical specific slogan, this time modelled by a younger boy. It was not initially eliminated by Amazon after being notified so she went public along with her grievance. After which she discovered much more kids’s gadgets bearing the identical slogan. Amazon ultimately eliminated the offending gadgets and instructed the CBC that its know-how and devoted employees continually scan all merchandise listed on the market and instantly take away ones that violate its insurance policies. Besides, in fact, when it doesn’t. FPM