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Jean Machine’s new owners look to spruce up stores in effort to woo shoppers

TORONTO — Four months after acquiring Jean Machine, the new owner of the denim retailer says it plans on “cleaning up” the look of its stores as part of an effort to woo back customers. Gerry Bachynski, president and CEO of Comark Services Inc., says renovations will begin this fall at some locations that will …

Canadian dollar soars as Bank of Canada hikes interest rate, while TSX dips

TORONTO—The Canadian dollar soared to a level not seen in nearly a year Wednesday after the Bank of Canada announced it was hiking its key lending rate for the first time since 2010. The loonie was trading at an average price of 78.16 cents US, up 0.76 of a U.S. cent. The last time the …

Toronto stock index makes small gain, led by bank and industrial sectors

TORONTO — Canada’s main stock index barely advanced Monday amid a quiet trading session while U.S. markets took the day off for Memorial Day. In Toronto, the S&P/TSX composite index inched up 4.98 points to 15,421.91 as bank and industrial stocks made gains. Craig Fehr, a Canadian markets strategist at Edward Jones in St. Louis, …

TSX climbs on gold and resources, Wall Street finishes with mixed results

TORONTO — Climbing gold and resource stocks helped push Canada’s largest stock index higher Monday as it finished ahead of its U.S. counterparts. The Toronto Stock Exchange’s S&P/TSX composite index climbed 63.55 points to 15,506.22. One of the stocks with the biggest movements of the session was Quebec-based aerospace company Heroux-Devtek after it reported its …

Passing on the kibble: Some dog owners ditching dry food for raw, cooked options

TORONTO – It seems like kismet that one of the inspirations behind Planet Pup, a Winnipeg dog bakery, was a pooch named Biscuit. Deb Kurdydyk, who runs the business from her kitchen, said the idea came to her after she started cooking hot organic meals for her Shepherd-Rottweiler mix and wondered, why not start baking …

Toronto mansion linked to rapper Drake gets green light to be built

TORONTO—It looks like Toronto rapper Drake may be getting a new view in “The 6.” A City of Toronto committee unanimously approved plans Thursday for a newly-built mansion at 21 Park Lane Circle in the city’s affluent Bridle Path neighbourhood. The property was purchased for $6.7 million in September by a numbered company based in …

Nuptial costs: All you need is love, and an evening espresso bar at your wedding

TORONTO—Whoever said love doesn’t cost a thing wasn’t planning a wedding. Recently-engaged couple Camille Verschooris and Andrew Lounsbury knew tying the knot was expensive, but they didn’t realize how pricey it could be until they found out their $30,000 budget wasn’t enough to cut it for the wedding of their dreams. “The budget got thrown …

Latte or Cabernet? Starbucks launches wine and beer menu in Canada

TORONTO – Forget that complicated coffee order. Soon, a Starbucks barista may be taking down your name for a glass of Pinot Grigio or a pint of craft beer. After six years in the U.S., coffee giant Starbucks Corp. (NASDAQ:SBUX) will be rolling out its Evenings menu in Canada for the first time next week. …

Investors pause as North American stock markets finish little changed

TORONTO—North American stock markets were little changed for the most part Thursday as investors seemed to take a breather amid a positive run earlier in the week. Toronto’s S&P/TSX composite index fell 9.62 points to 13,494.36, weighed down by pressure from the materials and mining sectors. On U.S. markets, the Dow Jones industrial average lost …

Discount travel operator NewLeaf clears regulatory runway for flight sales

Discount air carrier NewLeaf Travel will start selling low-cost seats in the next few weeks now that it has received the go-ahead from Ottawa to continue operations. Chief executive Jim Young said Wednesday that the company expects its first flight to take off by late spring or early summer. In the meantime, it will work …

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