Category: Business News

New Elgin chamber committee to help minority businesses; ECC forensic team wins bronze awards at national event; Batavia campaign to educate shoppers on new bags

The Elgin Community College Forensics Team had a strong showing at the Phi Rho Pi National Tournament in Bethesda, Maryland, where more than 50 schools competed.

Students Aleah Janae of Elgin, Hannah Carpenter of Streamwood and Damian Hacz of Hampshire brought home individual and team awards and coach Tim Anderson received the Collie-Taylor Fellowship Award for outstanding coach of the year, a news release said.

The team received a bronze medal in Individual Event Sweepstakes and Overall Sweepstakes. Carpenter received a bronze medal in Speech to Entertain and Process Interpretation.

Janae received a bronze medal in International Public Debate and

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Vancouver’s April home sales down 16.5% from a year ago – Business News

Home sales are still down

The Canadian Press – | Stories: 424568

The Real Estate Board of Greater Vancouver said April home sales slid 16.5 per cent from a year ago as new listings remained below historical norms.

The BC board says sales for the month totaled 2,741, almost 16 per cent below the 10-year seasonal average.

The composite benchmark price for all residential properties in Metro Vancouver hit $1,170,700 last month, down 7.4 per cent from a year ago but up 2.4 per cent from March.

There were 4,307

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WestJet closes deal to buy Sunwing Vacations and Sunwing Airlines – Business News

WestJet closes Sunwing deal

The Canadian Press – | Stories: 424375

The WestJet Group says it has closed its acquisition of Sunwing Vacations and Sunwing Airlines that was first announced in March last year.

The company says that, initially, the airlines will continue independent operations.

However, WestJet says the two airlines will move from being competitors to collaborators.

Stephen Hunter, formerly the CEO of Sunwing Vacations, has been appointed CEO of the WestJet Group’s vacations business. Hunter will be responsible for all tour operating and vacation package businesses at both

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Remarriage and Estate Planning – Rickard & Associates

If you are getting remarried, it is essential to understand your spouse’s inheritance rights.

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Before you get married for a second or third time, you want to be aware of the rights your spouse will have to your estate and vice versa.

You may want to work with an attorney to draft a prenuptial agreement, prior to exchanging vows.

Then, you want to be familiar with the intestacy laws in

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Another bank collapse? As Pacific Western Bank stocks fall, fears of crisis resurface

When First Republic Bank collapsed earlier this week, some bankers like the head of JPMorgan Chase & Co. said they thought the worst of the banking crisis was coming to a close.

But the markets are showing investors are still wary.

San Francisco-based PacWest Bancorp’s shares plunged more than 39% Wednesday night and were halted for volatility multiple times Thursday after investors learned the regional bank was considering a sale. While the bank says it has not experienced a high number of customer withdrawals, the news still stocks fears of a potential surge in withdrawals among regional banks.

Regional banks

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HSBC expects later close of Canadian division sale to RBC – Business News

HSBC sale delayed

The Canadian Press – | Stories: 424569

HSBC Holdings plc says the sale of its Canadian division to Royal Bank of Canada is going to take longer than first expected, but that the deal remains a key priority.

London-based HSBC says it now expects to complete the $13.5-billion transaction in the first quarter of 2024, rather than late this year as it guided when it announced the deal last November.

The bank says the later close is to ensure a smooth transition, while several other recent bank

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What Does the End of the Public Health Emergency Mean?

The national Public Health Emergency (PHE) for COVID-19 ends on May 11, 2023.

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The end of the public health emergency brings a variety of changes to the healthcare system.

Most of the remaining federal COVID-19 vaccine requirements will end for federal workers, contractors and foreign air travelers.

The government is also lifting requirements for Head Start educators and healthcare workers.

Free COVID-19 vaccines and tests will no longer be provided

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Toronto homeowners’ cost of living costs almost 60%

Canada’s biggest city isn’t just expensive for homeowners. Renters’ costs have suffered 22%

Published May 01, 2023 • Last updated 1 day ago • 4 minute read

Costs for Toronto homeowners have skyrocketed 58 per cent since last year.
Costs for Toronto homeowners have skyrocketed 58 per cent since last year. Photo by Ernest Doroszuk/Toronto Sun/Postmedia
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