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A clipping article for writing practice. In the article "Indigo was on track to be profitable. The pandemic changed that," Bloomberg News. Indigo PETER J. THOMPSON / NATIONAL POST FILES (Bloomberg) - Indigo Books & Music Inc., Canada's largest chain of bookstores, was on track to return to profitability right up until the pandemic hit. Instead, it reported a C$171 million ($125 million) loss in the fiscal fourth quarter ended in March and expects a "damaging" year ahead, according to Chief Executive Officer Heather Reisman. Indigo was on the road to end the fiscal year with "essentially flat" adjusted earnings before interest, taxes, depreciation and amortization, and then "return to profitability," reflecting the Toronto-based retailer's attempts to "position the company to be able to thrive in a vastly changed environment," Reisman said in a conference call with investors and analysts Wednesday morning. And then the enviro

A clipping article for writing practice. Enable Ginger Cannot connect to Ginger Check your internet connection or reload the browser Disable in this text field Edit Edit in Ginger Edit in Ginger × In the article "Trump administration says Huawei, Hikvision backed by Chinese military," Reuters. In the file photo taken on August 2, 2019 people walk past a Huawei logo during the Consumer Electronics Expo in Beijing. FRED DUFOUR/ AFP VIA GETTY IMAGES WASHINGTON - The Trump administration has determined that top Chinese firms, including telecoms equipment giant Huawei Technologies and video surveillance company Hikvision, are owned or controlled by the Chinese military, laying the groundwork for new U.S. financial sanctions, according to a document seen by Reuters on Wednesday. A U.S. defense official speaking on condition of anonymity confirmed the authenticity of the document and said it had been sent to Congress. The list of 20 companies that Washington alleges are backed by

A clipping article for writing practice. Enable Ginger Cannot connect to Ginger Check your internet connection or reload the browser Disable in this text field Edit Edit in Ginger Edit in Ginger × In the article "Peter Mackay campaign dismisses O'Toole team's theft allegation," Teresa Wright. O'Toole campaign has accused MacKay camp of stealing confidential data The team behind Conservative leadership candidate Erin O'Toole, left, issued a late-night press release Friday, saying it has filed a formal complaint with three police agencies seeking an investigation into Mackay's campaign. (Tijana Martin/The Canadian Press) Tension between the two perceived front-runners of the Conservative leadership contest reached a fever pitch this weekend with Erin O'Toole's campaign accusing leadership rival Peter MacKay of stealing confidential campaign data- charges MacKay's team is dismissing as a preposterous political ploy. O'Toole's campaign is

A clipping article for writing practice. Enable Ginger Cannot connect to Ginger Check your internet connection or reload the browser Disable in this text field Edit Edit in Ginger Edit in Ginger × In the article "Voluntary nationwide contact tracing app coming soon, says Trudeau," Catharine Tunney. Today's announcement likely to receive scrutiny from privacy advocates A man looks at his phone while standing near artwork of woman wearing a protective face mask in Vancouver on May 31. (Darryl Dyck/The Canadian Press) Prime Minister Justin Trudeau said today he hopes Canadians will download a new app on their cellphones that will alert them if they've come into contract with someone who has tested positive for COVID-19. "It will be up to individual Canadians to decide whether to download the app or not, but the app will be most effective when as many people as possible have it," Trudeau said during his daily briefing this morning. "There are over 30 mill

A clipping article for writing practice. Enable Ginger Cannot connect to Ginger Check your internet connection or reload the browser Disable in this text field Edit Edit in Ginger Edit in Ginger × In the article "How to become an ally: Educators, community leaders explain ways to stand up to anti-Black racism," Nadia Jannif. Message of solidarity are being shared by people of all races. But what does being an ally really mean? People gather to protest racism, injustice, and police brutality in Vancouver on June 5. (Maggie MacPherson/CBC) The death of George Floyd, a Black man who was killed by a Minneapolis police officer, has led to renewed calls for change, with protests against systemic anti-Black racism now in their third week in the U.S. and around the world. Messages of solidarity are being shared by people of all races, who are standing up to be allies. But what does being an ally mean? According to Handel Kashope Wright with the University of British Columbia's

A clipping article for writing practice. Enable Ginger Cannot connect to Ginger Check your internet connection or reload the browser Disable in this text field Edit Edit in Ginger Edit in Ginger × In the article "Why Canada might need a climate law - and how it might work," Aaron Wherry. We've had nine climate targets in over three decades. Legislation could help us stick to a plan A young boy shouts in protest during a climate rally in Vancouver Oct. 25, 2019. (Melissa Renwick/The Canadian Press) Beginning with Brian Mulroney in 1988, four different prime ministers have committed this country to nine different climate targets over the last 32 years. So far, five of those carbon emissions targets - for the years 2000, 2005, 2010 and 2012 - have been missed by wide margins. Stephen Harper set two different targets for 2020; we're going to miss those as well. The pressure to meet those targets was almost entirely political and, apparently, insufficient. Neither domest

A clipping article for writing practice. Enable Ginger Cannot connect to Ginger Check your internet connection or reload the browser Disable in this text field Edit Edit in Ginger Edit in Ginger × In the article "Canada- U.S. border to remain closed to non-essential travel until July 21," Catharine Tunney. Canada is now allowing some immediate family members to reunite An RCMP officer patrols Peace Arch Park at the Canada-U.S. border crossing on Wednesday. The ban on non-essential travel across the shared border continues. (Ben Nelms/CBC) The Canada- U.S. border will remain closed to non-essential travel for at least another 30 days to slow the spread of the novel coronavirus as confirmed cases in the United States continue to climb past the two million mark. The deal was set to expire on Sunday but will now extend until July 21, Prime Minister Justin Trudeau announced during his daily new conference today. "This is an important decision that will keep people in both o

A clipping article for writing practice. In the article "Trudeau promises to extend the emergency relief benefit," John Paul Tasker. Prime Minister Justin Trudeau speaks during the special committee on the COVID-19 pandemic in the House of Commons on Parliament Hill amid the COVID-19 pandemic in Ottawa on Wednesday, June 10, 2020. (Sean Kilpatrick/The Canadian Press) Prime Minister Justin Trudeau announced today that the federal government will extend the Canada emergency response benefit (CERB), with details to follow in the days ahead. The CERB is due to run out soon for people who have been on the benefit since it was first launched in April, at the outset of the COVID-19 pandemic. People can only claim the benefit for 16 weeks - four eligibility periods - and the end of the program's fourth eligibility period is early July. "We're working on a solution to extend the benefit for people who can't return to work yet," Trudeau said. "We'll have

A clipping article for writing practice Enable Ginger Cannot connect to Ginger Check your internet connection or reload the browser Disable in this text field Edit Edit in Ginger Edit in Ginger × In the article "Most Canadians believe systemic racism exists - but could it affect how they vote?," Eric Grenier. Poll suggest most Canadians see systemic racism as a serious issue in law enforcement. Prime Minister Justin Trudeau took part in an anti-racism protest last week. (Sean Kilpatrick / Canadian Press) Calls to end systemic racism in this country have brought thousands of Canadians into the streets, driven by a hope that things might finally begin to change. The protests already have had an impact, but political leaders will need to think hard about their impact on another vehicle for change - the ballot box. The thousands who have participated in the mass demonstrations represent only the tip of the iceberg, as polls indicate that most Canadians b

A article for writing practice Enable Ginger Cannot connect to Ginger Check your internet connection or reload the browser Disable in this text field Edit Edit in Ginger Edit in Ginger × In the article "Most Canadians expect to keep working from home after COVID-19: poll," Postmedia News. A new Angus Reid poll shows the majority of Canadians expected they'll be working from home even long after the COVID-19 pandemic is over. / PNG If you're comfortable working from home while wearing slippers, you're not alone. The majority of Canadians expect to continue working from home even long after the COVID-19 pandemic is over, according to Angus Reid poll results released Thursday. Among the 1,510 Canadians surveyed, 44 per cent predict they'll split their time between working in the office and from home, while 20 per cent say they'll keep working from home after the pandemic is over. Just 36 per cent believe they'll head back to the office full-time. CREDIT

A clipping article for writing practice. Enable Ginger Cannot connect to Ginger Check your internet connection or reload the browser Disable in this text field Edit Edit in Ginger Edit in Ginger × In the article "Exemption coming for families separated by COVID-19 travel restrictons," Parents and spouses will have to quarantine for 14 days The Peace Arch-Douglas border crossing between Canada and the United States in Surrey, B.C., is seen in March. Some exemptions to cross-border travel restrictions put in place amid the coronavirus pandemic are coming. (Ben Nelms/CBC) Canada will begin to allow some family members separated by temporary COVID-19 travel restrictions t oenter the country. "We are bringing in a limited exemption to allow immediate family members of citizens or permanent residents to come to Canada," Prime Minister Justin Trudeau said today during his morning news conference. "This is an incredibly difficult time to be apart from a spouse, a chi

A clipping article for writing practice. Enable Ginger Cannot connect to Ginger Check your internet connection or reload the browser Disable in this text field Edit Edit in Ginger Edit in Ginger × In the article "Why military men pushing back on Trump is an 'extraordinary' event in American democracy," Alexander Panetta. The president's threat of deploying troops triggers an uncommon uproar Defence Secretary Mark Esper, centre, and Gen. Mark Milley, chairman of the joint chiefs, in his military uniform, accompanied Trump in his walk to St. John's Church across from the White House on June 1. (Patrick Semansky/The Associated Press) An aberrant event in the life of the American republic unfolded this week in the haze of flash-bang grenades, tear gas and fires. In one of the world's oldest continuing democracies, past and present military officials, pushed back on a president talking about deploying troops on U.S. soil. "It's really extraordinary,&

A clipping article for writing practice. Enable Ginger Cannot connect to Ginger Check your internet connection or reload the browser Disable in this text field Edit Edit in Ginger Edit in Ginger × In the article "Army & Navy throws open doors for final sale before shutting up shot forever," CBC News Locations in New Westminster and Calgary inviting customers to grab bargains starting June 4 Army & Navy is niviting B.C. customers to its New Westminster store for a final blow-out sale June 4. (Evan Mitsui/CBC) Lower Mainland residents who want to final shop at an Army & Navy can do so Thursday at the New Westminster location. In May, company president and CEO Jacqui Cohen announced the department store chain would be closing all five Western Canada locations after 101 years in business. The company has stores in New Westminster, Langley, Calgary and Edmonton, as well as in Vancouver. The Vancouver store has already closed. But on Thursday, the downtown New Westmin

A clipping article for writing practice. Enable Ginger Cannot connect to Ginger Check your internet connection or reload the browser Disable in this text field Edit Edit in Ginger Edit in Ginger × In the article "City paving way for food trucks, pop-up shops," Kate Porter. Part of effort to 'cut red tape' and help small businesses survive pandemic. The City of Ottawa is looking to expand where it allows food trucks during the COVID pandemic to include some parking lots at municipal parks. (David Thurton/ CBC) Food trucks could soon pull up to some of the city's most popular parks and pop-up shops could appear on sidewalks as Ottawa looks for imaginative ways to help small businesses survive the pandemic. Those were two of the ideas to come before the city's transportation committee Wednesday, a week after council agreed to give restaurants a drastic break on patio fees. Coun Time Tierney, who chairs the committee, thanked Mayor Jim Watson for taking the lead

A clipping article for writing practice. In the article "Telus skips Huawei, picks Ericsson and Nokia to build 5G network," Stephanie Ip Telus has opted to go with Ericsson and Nokia - skipping Chinese tech giant Huawei - build out its 5G network. BRENTLEWIN/BLOOMBERG FILES Telus has opted to go with Ericsson and Nokia - skipping Chinese tech giant Huawei - to build its 5G network. The Vancouver-based company announced Tuesday it had signed a deal with Sweden's Ericsson and Finland's Nokia to provide the components for its 5G network. No figures were given on how much the deal cost. "Telus has a successful track record of building globally leading networks with amazing speeds, robust quality and extensive coverage that are consistently recognized as the best in the world," Telus president Darren Entwistle said in a statement. "Our team is committed to rolling out superior network technology form urban to rural communities, fuelling our economy and drivi

A clipping article for writing practice. Enable Ginger Cannot connect to Ginger Check your internet connection or reload the browser Disable in this text field Edit Edit in Ginger Edit in Ginger × In the article "Look out professionals, entrepreneurs, small business owners and retirees, tax hikes are coming," Martin Pelletier. High-net-worth Canadians, small businesses and corporations better get ready as this government is strategically very well positioned to start implementing massive tax hikes aimed directly at them, writes Martin Pelletier. GETTY IMAGES Canadian investors have a lot of options when it comes to mapping out portfolio risks and finding ways to mitigate them, such as diversifying their portfolios into larger, faster-growing and more innovative markets, but there are some risks on the immediate horizon where this exercise will do little to help, especially for professionals, entrepreneurs, small-business owners and retirees. As the economic lockdown comes t