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Category Archives: Economic

New food guide set to challenge prominence of meat, dairy industries

Health Canada unveiled a radically new food guide Tuesday that eliminates food groups, encourages plant-based foods over meat and dairy products, and is likely to force changes across the country’s agricultural industry. “I see the food guide as a challenge for many industries,” said Simon Somogyi, a University of Guelph professor studying the business of…

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Enbridge pipeline explosion sends fireball into Ohio sky

An explosion of an Enbridge natural gas pipeline in Ohio on Monday created a fireball of flame and damaged homes, prompting the evacuation of nearby residents. The explosion occurred on Enbridge’s Texas Eastern pipeline system and appeared to have destroyed two homes, said Chasity Schmelzenbach, emergency management director for Noble County, Ohio. “We got reports…

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British vacuum firm Dyson moving headquarters to Singapore

The company that bears the name of one of the biggest Brexit backers in Britain is moving to Singapore just as the United Kingdom is getting set to do what he urged Britons to do. Dyson, named after British vacuum inventor James Dyson, is moving its headquarters to Singapore, chief executive officer Jim Rowan said on a…

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Belinda Stronach countersues father in legal feud

Belinda Stronach has countersued her father for millions of dollars in a statement of defence that alleges he lost vast sums of money on pet projects. Frank Stronach, who founded Magna International Inc., sued his daughter and others last year for more than $500 million over alleged mismanaging of the family’s assets and trust funds.…

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