Business

Scott Thompson, founder of Mad Laboratory Distilling, works to keep grains moving from a hopper as they are fed to a mash tank while steam rises from a still being cleaned at the distillery, in Vancouver, on Thursday, March 9, 2023. Mad Lab switched to produce hand sanitizer during the pandemic but is now back to full-time production of alcoholic beverages.THE CANADIAN PRESS/Darryl Dyck

How did these companies survive the pitfalls of the pandemic pivot?

Many who turned to produce hand sanitizer, PPE in 2020 have struggled to transition back

A branch of Signature Bank is photographed, late Sunday, March 12, 2023, in New York. Regulators announced that the New York-based bank had failed and was being seized. At more than $110 billion in assets, Signature Bank is the third-largest bank failure in U.S. history. Signature’s failure comes just days after the failure of Silicon Valley Bank. (AP Photo/Bobby Caina Calvan)

Bank stocks drop and S&P 500 swings as Wall Street shakes

Wall Street is worried about what may be next to topple following…

Facebook’s Meta logo sign is seen at the company headquarters in Menlo Park, Calif., on, Oct. 28, 2021. THE CANADIAN PRESS/AP-Tony Avelar

Meta to block access to news on Facebook, Instagram if Online News Act adopted as-is

Act would require digital giants to pay Canadian media companies for their news content

An Indigo bookstore is seen Wednesday, November 4, 2020 in Laval, Quebec. THE CANADIAN PRESS/Ryan Remiorz

Indigo union demands more details on cyberattack, support for affected workers

Employees’ medical and immigration records part of February breach

An Indigo bookstore is seen Wednesday, November 4, 2020 in Laval, Quebec. THE CANADIAN PRESS/Ryan Remiorz
Flair Airlines. (Photo via The Canadian Press)
Flair Airlines. (Photo via The Canadian Press)
Tailings samples are being tested during a tour of Imperial’s oil sands research centre in Calgary, Alta., Tuesday, Aug. 28, 2018. Recent leaks of toxic tailings from northern Alberta oilsands mines have revealed serious flaws in how Canada and Alberta look after the environment, observers say. THE CANADIAN PRESS/Jeff McIntosh
Tailings samples are being tested during a tour of Imperial’s oil sands research centre in Calgary, Alta., Tuesday, Aug. 28, 2018. Recent leaks of toxic tailings from northern Alberta oilsands mines have revealed serious flaws in how Canada and Alberta look after the environment, observers say. THE CANADIAN PRESS/Jeff McIntosh
Crews install solar panels on a house as part of Solartility’s pilot project in Calgary in an undated handout photo. The company offers its residential solar clients access to bi-directional interval meters, meaning they can sell the electricity they generate onto the grid at times of peak demand only, maximizing the financial benefit. THE CANADIAN PRESS/HO-Solartility

‘Virtual power plant’ model could convince more Albertans to switch to solar

Model allows people to choose when they use their solar power, including during peak usage times

Crews install solar panels on a house as part of Solartility’s pilot project in Calgary in an undated handout photo. The company offers its residential solar clients access to bi-directional interval meters, meaning they can sell the electricity they generate onto the grid at times of peak demand only, maximizing the financial benefit. THE CANADIAN PRESS/HO-Solartility
A Bed Bath & Beyond sign is shown in Mountain View, Calif., Wednesday, May 9, 2012. Bed Bath & Beyond has received an initial order for creditor protection.THE CANADIAN PRESS/AP-Paul Sakuma

Bed Bath & Beyond Canada to close 54 stores, granted creditor protection

The company had a net loss of $99.5 million for a nine-month period

A Bed Bath & Beyond sign is shown in Mountain View, Calif., Wednesday, May 9, 2012. Bed Bath & Beyond has received an initial order for creditor protection.THE CANADIAN PRESS/AP-Paul Sakuma
Most PPE in B.C. is only made with men in mind, creating one more barrier for women looking to enter the trades.(Credit: Pixabay)

From hardhats to boots: PPE is keeping women from the trades

Virtually all personal protective gear is designed only for men, creating barriers and safety risks

  • Jan 22, 2023
Most PPE in B.C. is only made with men in mind, creating one more barrier for women looking to enter the trades.(Credit: Pixabay)
(The Canadian Press)

Stores launch Lunar New Year sales during typically slow shopping season

Western retailers grasping onto holiday as means to make money

(The Canadian Press)
Commuters wait to take the subway at Ossington Station in Toronto on Friday, June 22, 2018. THE CANADIAN PRESS/ Tijana Martin

Public transit struggling to lure back riders amid deficits, rising costs of living

Many transit systems hiking fares in attempt to cover their own pandemic losses

Commuters wait to take the subway at Ossington Station in Toronto on Friday, June 22, 2018. THE CANADIAN PRESS/ Tijana Martin
A new home is displayed for sale in a new housing development in Ottawa on Tuesday, July 14, 2020. Prospective buyers have lamented the torrid pace Canada’s real estate market has moved at in recent years, but many feel 2023 may be the year their luck changes. THE CANADIAN PRESS/Sean Kilpatrick
A new home is displayed for sale in a new housing development in Ottawa on Tuesday, July 14, 2020. Prospective buyers have lamented the torrid pace Canada’s real estate market has moved at in recent years, but many feel 2023 may be the year their luck changes. THE CANADIAN PRESS/Sean Kilpatrick
People are silhouetted as they sit in a bar having a drink in Toronto on Wednesday, March 30, 2022. THE CANADIAN PRESS/Nathan Denette

Non-alcoholic beer, wine and spirits on the rise as demand grows

More people becoming ‘sober curious,’ say industry experts

People are silhouetted as they sit in a bar having a drink in Toronto on Wednesday, March 30, 2022. THE CANADIAN PRESS/Nathan Denette
FILE - A United Launch Alliance Atlas V rocket carrying the Boeing Starliner crew capsule lifts off on a second test flight to the International Space Station from Space Launch Complex 41 at Cape Canaveral Space Force station in Cape Canaveral, Fla., Thursday, May 19, 2022. THE CANADIAN PRESS/AP-John Raoux

‘Opportunities to invest’: Experts say space business needs boost in Canada

Decreasing cost of space technology, launch opens opportunity for citizen investment

FILE - A United Launch Alliance Atlas V rocket carrying the Boeing Starliner crew capsule lifts off on a second test flight to the International Space Station from Space Launch Complex 41 at Cape Canaveral Space Force station in Cape Canaveral, Fla., Thursday, May 19, 2022. THE CANADIAN PRESS/AP-John Raoux
FIFA President Gianni Infantino speaks at a press conference Saturday, Nov. 19, 2022 in Doha, Qatar. (AP Photo/Abbie Parr)

FIFA revenue hits $7.5B for current World Cup period

Commercial deals tied to 2022 World Cup in Qatar

FIFA President Gianni Infantino speaks at a press conference Saturday, Nov. 19, 2022 in Doha, Qatar. (AP Photo/Abbie Parr)
FILE - Signage for the FTX Arena, where the Miami Heat basketball team plays, is illuminated on Saturday, Nov. 12, 2022, in Miami. The rapid collapse of cryptocurrency exchange FTX into bankruptcy last week has also shaken the world of philanthropy, due to the donations and influence of FTX founder Sam Bankman-Fried in the effective altruism movement. (AP Photo/Marta Lavandier, File)
FILE - Signage for the FTX Arena, where the Miami Heat basketball team plays, is illuminated on Saturday, Nov. 12, 2022, in Miami. The rapid collapse of cryptocurrency exchange FTX into bankruptcy last week has also shaken the world of philanthropy, due to the donations and influence of FTX founder Sam Bankman-Fried in the effective altruism movement. (AP Photo/Marta Lavandier, File)
The Twitter logo is seen at the social media company’s headquarters in San Francisco on Friday, Nov. 11, 2022. (Stephen Lam/San Francisco Chronicle via AP)

Musk’s latest Twitter cuts: Outsourced content moderators

Moderators were used to track hateful and harmful content

The Twitter logo is seen at the social media company’s headquarters in San Francisco on Friday, Nov. 11, 2022. (Stephen Lam/San Francisco Chronicle via AP)
Susan Lambert is shown inside her home which is currently being renovated in this handout photo provided by her husband Mike Lazarovits. THE CANADIAN PRESS/HO-Mike Lazarovits
Susan Lambert is shown inside her home which is currently being renovated in this handout photo provided by her husband Mike Lazarovits. THE CANADIAN PRESS/HO-Mike Lazarovits
FILE - Elon Musk speaks at the SATELLITE Conference and Exhibition on March 9, 2020, in Washington. Musk posted video Wednesday, Oct. 26, 2022, showing him strolling into Twitter headquarters ahead of a Friday, Oct. 28, deadline to close his $44 billion deal to buy the company. (AP Photo/Susan Walsh, File)

Musk floats paid Twitter verification, fires board

Billionaire Elon Musk is already floating major changes for Twitter — and…

FILE - Elon Musk speaks at the SATELLITE Conference and Exhibition on March 9, 2020, in Washington. Musk posted video Wednesday, Oct. 26, 2022, showing him strolling into Twitter headquarters ahead of a Friday, Oct. 28, deadline to close his $44 billion deal to buy the company. (AP Photo/Susan Walsh, File)
The Netflix menu is shown on a screen in Pittsburgh, on Monday, Oct. 17, 2022. Netflix joins an array of new ad-supported streaming options when it launches the cheaper tier of its service on Nov. 1. THE CANADIAN PRESS/AP-Gene J. Puskar

Cable 2.0: Netflix and other streamers bring back ads after disrupting TV landscape

Free ad-supported platforms set to launch in Canada as Netflix releases its own cheaper version

The Netflix menu is shown on a screen in Pittsburgh, on Monday, Oct. 17, 2022. Netflix joins an array of new ad-supported streaming options when it launches the cheaper tier of its service on Nov. 1. THE CANADIAN PRESS/AP-Gene J. Puskar