Independent cinemas in Canada hit by losses seek public funding
A survey by the Network of Independent Canadian Exhibitors finds 60 percent of 67 respondents operated at a loss in the latest fiscal year and about two thirds call for more public funding to stay afloat. The group criticizes clean runs and zone provisions, urging policy changes to help theatres rebound post pandemic.
MENTIONED IN THIS ARTICLE
Canada
Sonya William
Toronto
Marie Nelson
NICE
William
Cineplex
Oppenheimer
Farmland values rise in Canada despite slow 2023 growth
Farm Credit Canada reports Canadian farmland values climbed 11.5 percent in 2023 with limited supply and strong farm operator demand driving gains. British Columbia fell 3.1 percent yet remains leading in value. transactions eased slightly as farmers wary on investment amid higher borrowing and input costs.
MENTIONED IN THIS ARTICLE
Farm Credit Canada
J.P. Gervais
Gervais
British Columbia
Markets rise on inflation data as Nasdaq leads gains
U S stocks climbed after inflation data showed a 3.2 percent February headline rate with 3.8 percent core, buoying the Nasdaq 1.5 percent, the S&P 500 up 1.1 percent, and the Dow Jones advancing. TSX rose as oil and gas markets moved. investors await Fed and BoC decisions next week.
MENTIONED IN THIS ARTICLE
Canada
U.S
Mona Mahajan
Edward Jones
Mahajan
New York
U.S. Federal Reserve
Bank of Canada
CME Group
Dorel Industries cuts 70 workers amid restructuring
Dorel Industries laid off 40 workers in its North American furniture unit and 30 in the juvenile segment, reducing total staff to 3,885 as of December 30. CEO Martin Schwartz cited unit consolidation and cost cutting amid softer demand despite reporting best results in 2.5 years.
MENTIONED IN THIS ARTICLE
Dorel Industries Inc
Martin Schwartz
Dorel
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the Canadian Press
Economist
Lake Nipigon Forest
Lake Nipigon Forest Management Inc
Natural Resources Information Portal
Mnr
AWS
Lake Nipigon
Ontario
CrownLandWood
Forest Company
MNRF
Raymond Weldon
R.P
Forester
Ministry of Natural Resources and Forestry
Wadsworth Drive
P.O
Raymond.weldon
Ryan Gleeson
Forester Lake Nipigon Forest Management Inc
Forest Management
Annie Wheeler
Annie
Wheeler
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