Business

FILE - Recirculating Aquaculture Systems, which involve moving the fish farm to land as opposed to an open net fish farm, is one possible future for the aquaculture industry in British Columbia. This photo, of a boat and crane situated next to a collapsed “net pen” by Cooke Seafood off the coast of Cypress Island in Washington State in 2017, came when a net failure allowed tens of thousands of nonnative fish to escape. The incident resulted in a nearly $600,000 settlement to the Lummi Indian tribe over the net collapse and damage done to the native salmon population, and prompted the state government to end the practice of fish farming nonnative fish. regarding File Photo David Bergvall Washington State Dept. of Natural Resources via AP

B.C. aquaculture fishing for new answers as it faces its murky future in 2023

All eyes are focused on the DFO’s next move as industry looks at new systems

FILE - Recirculating Aquaculture Systems, which involve moving the fish farm to land as opposed to an open net fish farm, is one possible future for the aquaculture industry in British Columbia. This photo, of a boat and crane situated next to a collapsed “net pen” by Cooke Seafood off the coast of Cypress Island in Washington State in 2017, came when a net failure allowed tens of thousands of nonnative fish to escape. The incident resulted in a nearly $600,000 settlement to the Lummi Indian tribe over the net collapse and damage done to the native salmon population, and prompted the state government to end the practice of fish farming nonnative fish. regarding File Photo David Bergvall Washington State Dept. of Natural Resources via AP
Victoria’s Phillips Brewing and Malting Co. is shifting to an employee ownership model after 21 years under the sole ownership of founder Matt Phillips. (Courtesy Phillips Brewing and Malting Co./Facebook)

Employees set to take over Vancouver Island’s popular Phillips brewery

Move will see all full-time employees of three years or more eligible to buy shares

Victoria’s Phillips Brewing and Malting Co. is shifting to an employee ownership model after 21 years under the sole ownership of founder Matt Phillips. (Courtesy Phillips Brewing and Malting Co./Facebook)
Yasuhide Mizuno, representative director, chairman and CEO of Sony Honda Mobility Inc. speaks during a Sony news conference before the start of the CES tech show Wednesday, Jan. 4, 2023, in Las Vegas. (AP Photo/John Locher)

Sony unveils prototype EV, Afeela, to be made with Honda

First cars to be delivered to customers in North America in spring 2026

Yasuhide Mizuno, representative director, chairman and CEO of Sony Honda Mobility Inc. speaks during a Sony news conference before the start of the CES tech show Wednesday, Jan. 4, 2023, in Las Vegas. (AP Photo/John Locher)
A plane is silhouetted as it takes off from Vancouver International Airport in Richmond, B.C., Monday, May 13, 2019. New Democrat Leader Jagmeet Singh says he wants to see more competition within Canada’s airspace in order to make flying more affordable for people.THE CANADIAN PRESS/Jonathan Hayward

Holiday travel mess shows why Canadian air travel industry needs competition: NDP

Singh calling on Liberal government to find ways to make the airline industry more competitive

A plane is silhouetted as it takes off from Vancouver International Airport in Richmond, B.C., Monday, May 13, 2019. New Democrat Leader Jagmeet Singh says he wants to see more competition within Canada’s airspace in order to make flying more affordable for people.THE CANADIAN PRESS/Jonathan Hayward
FILE - Meta’s logo can be seen on a sign at the company’s headquarters in Menlo Park, Calif., on Nov. 9, 2022. Irish regulators on Wednesday Jan. 4, 2023 hit Facebook parent Meta with hundreds of millions in fines and banned the company from forcing European users to agree to seeing personalized ads based on their online activity. (AP Photo/Godofredo A. Vásquez, File)

Ireland fines Meta 390M euros in latest privacy crackdown

Fifth fine against Facebook’s parent in the country since 2021, totalling more than 900 million euros

FILE - Meta’s logo can be seen on a sign at the company’s headquarters in Menlo Park, Calif., on Nov. 9, 2022. Irish regulators on Wednesday Jan. 4, 2023 hit Facebook parent Meta with hundreds of millions in fines and banned the company from forcing European users to agree to seeing personalized ads based on their online activity. (AP Photo/Godofredo A. Vásquez, File)
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Canfor extending temporary sawmill curtailments in B.C.

Decision expected to remove about 21 million board feet of production

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Travellers wearing face masks with their luggage walk through the international flight departure terminal entrance gate at the capital airport in Beijing on Dec. 29, 2022. The Chinese government argues that moves by countries like Canada to require air passengers from China to get COVID-19 tests is unscientific, but business groups say the policy won’t impact trade. THE CANADIAN PRESS/AP/Andy Wong

Business groups optimistic despite China’s pushback on air-travel test requirements

Starting Thursday, Canada will require air travellers from China to have a recent negative test

Travellers wearing face masks with their luggage walk through the international flight departure terminal entrance gate at the capital airport in Beijing on Dec. 29, 2022. The Chinese government argues that moves by countries like Canada to require air passengers from China to get COVID-19 tests is unscientific, but business groups say the policy won’t impact trade. THE CANADIAN PRESS/AP/Andy Wong
A Sunwing Airlines jet prepares to takeoff at Trudeau International Airport in Montreal on Friday, March 20, 2020. Some Sunwing travellers from Saskatchewan say the airline is leaving them at airports in other provinces, while another says her flight from Mexico that made it to Regina had dozens of empty seats. THE CANADIAN PRESS/Graham Hughes

Some Saskatchewan Sunwing passengers make it home, others make their own way back

‘We expect Sunwing to appropriately compensate everyone’: Saskatchewan premier

A Sunwing Airlines jet prepares to takeoff at Trudeau International Airport in Montreal on Friday, March 20, 2020. Some Sunwing travellers from Saskatchewan say the airline is leaving them at airports in other provinces, while another says her flight from Mexico that made it to Regina had dozens of empty seats. THE CANADIAN PRESS/Graham Hughes
Books are shown on a bookshelf in Ottawa on Friday, Jan. 7, 2011.There will be no new books or plays added to the public domain in Canada until 2043 after the government squeezed in a change to copyright laws just before the end of 2022. THE CANADIAN PRESS/Sean Kilpatrick

Canada extends copyright protection another 20 years to meet new trade obligation

Change brings Canada into compliance with commitment made under North American free trade deal

Books are shown on a bookshelf in Ottawa on Friday, Jan. 7, 2011.There will be no new books or plays added to the public domain in Canada until 2043 after the government squeezed in a change to copyright laws just before the end of 2022. THE CANADIAN PRESS/Sean Kilpatrick
Many of the trends now projected to be an integral component of marketing strategies in 2023 revolve around the use of social media networks and the rapid advance of technology. ADOBE STOCK IMAGE

IT’S YOUR BUSINESS: Trends that will shape 2023

By Joe Smith Special to the Record In doing research for this…

  • Dec 29, 2022
Many of the trends now projected to be an integral component of marketing strategies in 2023 revolve around the use of social media networks and the rapid advance of technology. ADOBE STOCK IMAGE
Aviation analytics company Cirium says Canada’s two biggest airlines ranked low in terms of on-time performance this year. The data firm says that among the ten biggest airlines in Canada and the U.S., Air Canada and WestJet Airlines Ltd. ranked worst and second-worst for their punctuality. An Air Canada flight taxis to a runway as a WestJet flight takes off at Vancouver International Airport, in Richmond, B.C., on March 20, 2020. THE CANADIAN PRESS/Darryl Dyck

Canadian airlines come in at low end of on-time performance: analytics firm

WestJet and Air Canada only managed on-time arrivals for around 40 to 45 per cent of their flights

Aviation analytics company Cirium says Canada’s two biggest airlines ranked low in terms of on-time performance this year. The data firm says that among the ten biggest airlines in Canada and the U.S., Air Canada and WestJet Airlines Ltd. ranked worst and second-worst for their punctuality. An Air Canada flight taxis to a runway as a WestJet flight takes off at Vancouver International Airport, in Richmond, B.C., on March 20, 2020. THE CANADIAN PRESS/Darryl Dyck
Credit cards are seen in Montreal on December 12, 2012. THE CANADIAN PRESS/Ryan Remiorz

‘Death by a thousand cuts’: How to take stock of your subscriptions

Streaming services, meal delivery boxes and music platforms can add up quick

Credit cards are seen in Montreal on December 12, 2012. THE CANADIAN PRESS/Ryan Remiorz
A pumpjack draws out oil and gas from a well head as the sun sets near Calgary, Alta., Sunday, Oct. 9, 2022. Canadian oil and gas companies are expected to increase spending in 2023, but experts say expect another year of modest growth and not a return to boom time levels. THE CANADIAN PRESS/Jeff McIntosh
A pumpjack draws out oil and gas from a well head as the sun sets near Calgary, Alta., Sunday, Oct. 9, 2022. Canadian oil and gas companies are expected to increase spending in 2023, but experts say expect another year of modest growth and not a return to boom time levels. THE CANADIAN PRESS/Jeff McIntosh
Robinson’s Outdoor Store co-owners Erin Boggs and Matt King show off some of the store’s fly fishing gear. The store expects a busy Boxing Day this year as it will be the first time they have been able to go all-out on the sales event since the pandemic started. (Justin Samanski-Langille/News Staff)

Boxing Day expected to be lined up out the door at Victoria outdoor store

Robinson’s Outdoor Store sees the event as way to thank community for pandemic support

Robinson’s Outdoor Store co-owners Erin Boggs and Matt King show off some of the store’s fly fishing gear. The store expects a busy Boxing Day this year as it will be the first time they have been able to go all-out on the sales event since the pandemic started. (Justin Samanski-Langille/News Staff)
FILE - The Activision Blizzard Booth during the Electronic Entertainment Expo in Los Angeles, June 13, 2013. Microsoft is headed for a battle with the Federal Trade Commission, filing a formal challenge Thursday, Dec. 22, 2022, over whether the U.S. will block the tech giant's planned takeover of video game company Activision Blizzard. (AP Photo/Jae C. Hong, File)

Microsoft will fight US over $68.7B Activision Blizzard deal

Microsoft is headed for a battle with the Federal Trade Commission over…

FILE - The Activision Blizzard Booth during the Electronic Entertainment Expo in Los Angeles, June 13, 2013. Microsoft is headed for a battle with the Federal Trade Commission, filing a formal challenge Thursday, Dec. 22, 2022, over whether the U.S. will block the tech giant's planned takeover of video game company Activision Blizzard. (AP Photo/Jae C. Hong, File)
A worker re-stocks shelves in the bakery and bread aisle at an Atlantic Superstore in Halifax, N.S., on Friday, Jan. 28, 2022. How those wheat kernels end up in a loaf of bread — and why prices have risen this year — is an odyssey involving growers and grain handlers, rail cars and flour mills, and bakeries and supermarkets. THE CANADIAN PRESS/Kelly Clark

From seed to store: A look at the rising cost of bread

Benchmark price of wheat is set on exchanges all over the world

A worker re-stocks shelves in the bakery and bread aisle at an Atlantic Superstore in Halifax, N.S., on Friday, Jan. 28, 2022. How those wheat kernels end up in a loaf of bread — and why prices have risen this year — is an odyssey involving growers and grain handlers, rail cars and flour mills, and bakeries and supermarkets. THE CANADIAN PRESS/Kelly Clark
FILE - Tesla and SpaceX CEO Elon Musk arrives on the red carpet for the Axel Springer media award in Berlin on Dec. 1, 2020. Musk says he plays on remaining as Twitter’s CEO until he can find someone willing to replace him in the job. Musk's announcement came after millions of Twitter users asked him to step down in an unscientific poll the billionaire himself created and promised to abide by. (Hannibal Hanschke/Pool Photo via AP, File)

Musk says he’ll be Twitter CEO until a replacement is found

Elon Musk said Tuesday that he plans on remaining as Twitter’s CEO…

FILE - Tesla and SpaceX CEO Elon Musk arrives on the red carpet for the Axel Springer media award in Berlin on Dec. 1, 2020. Musk says he plays on remaining as Twitter’s CEO until he can find someone willing to replace him in the job. Musk's announcement came after millions of Twitter users asked him to step down in an unscientific poll the billionaire himself created and promised to abide by. (Hannibal Hanschke/Pool Photo via AP, File)
Prime Minister Justin Trudeau speaks at the General Motors CAMI production plant in Ingersoll, Ont., on December 5, 2022. THE CANADIAN PRESS/Nicole Osborne

Canada moves to mandate electric vehicle sales starting in 2026

One-fifth of all passenger cars, SUVs and trucks sold in Canada in…

Prime Minister Justin Trudeau speaks at the General Motors CAMI production plant in Ingersoll, Ont., on December 5, 2022. THE CANADIAN PRESS/Nicole Osborne
People pass a large Christmas tree as they go shopping on Christmas Eve at a mall in Ottawa on Dec. 24, 2020. A new report from Deloitte Canada says holiday spending in Canada is expected to drop this year as inflation shrinks consumer buying power and economic uncertainty looms over household finances. THE CANADIAN PRESS/Justin Tang

Retail spending in Canada shows signs of slowdown amid higher inflation, interest

Statistics Canada’s early figures for November indicated a weakening of spending on goods

People pass a large Christmas tree as they go shopping on Christmas Eve at a mall in Ottawa on Dec. 24, 2020. A new report from Deloitte Canada says holiday spending in Canada is expected to drop this year as inflation shrinks consumer buying power and economic uncertainty looms over household finances. THE CANADIAN PRESS/Justin Tang
Jamie Cygielman, right, general manager and president at American Girl, leaves a youngster browsing the company’s latest holiday showcase doll set, Friday, Dec. 2, 2022, in New York. Cygielman said roughly half its sales went to adults after a relaunch of the first six American Girl dolls in May 2021 to celebrate its 35th anniversary. (AP Photo/Bebeto Matthews)

Not just for kids: Toymakers aim more products at grown-ups

Ages 18 and older represented 14% of U.S. toy industry sales for the 12 months ending September 2022

Jamie Cygielman, right, general manager and president at American Girl, leaves a youngster browsing the company’s latest holiday showcase doll set, Friday, Dec. 2, 2022, in New York. Cygielman said roughly half its sales went to adults after a relaunch of the first six American Girl dolls in May 2021 to celebrate its 35th anniversary. (AP Photo/Bebeto Matthews)