'Cybersecurity incident' shuts down London Drugs stores across Western Canada
All 79 locations of pharmacy and retail chain London Drugs were shut down Sunday after it was the victim of a “cybersecurity incident.”
Five things to watch for in the Canadian business world in the coming week:
CP speech:
Canadian Pacific executives are scheduled to address the BMO Capital Markets 2021 Growth & ESG Conference on Tuesday. The railway is currently suing the province of Saskatchewan for $341 million over a clause that was written in a contract so old, John A. Macdonald was prime minister and Saskatchewan wasn't yet a province.
Interest rate decision:
Bank of Canada to announce its decision for its overnight rate target on Wednesday. The central bank's move in October to end its pandemic-driven purchases of government bonds to stimulate the economy, and warnings of rate hikes sooner than previously expected, has coloured federal efforts to craft an annual plan to manage the debt.
Empire Co. results:
Sobeys parent company Empire Co. is set to release Q2 results on Thursday. Recent earnings from rivals Loblaw Companies Ltd. and Metro Inc. offered a glimpse at the inflationary pressures and labour challenges hitting the grocery industry. The situation is expected to lead to higher food prices and brief shortages of some specialty products on store shelves, suggesting the pandemic could have a lasting effect on grocers.
Lululemon earnings:
Lululemon Athletica Inc. will release its third quarter financial results on Thursday. The Vancouver-based athletic apparel retailer launched a lawsuit against exercise equipment company Peloton Interactive Inc. last week, accusing the stationary bicycle and treadmill maker of infringing on multiple design patents and selling "knock-off" bras and pants.
Transat results:
Transat AT is scheduled to hold a call to discuss its fourth-quarter results on Thursday. The airline, along with other incumbents, is expected to see increased competition from ultralow cost carriers such as Flair, Lynx and Swoop after long-standing barriers to entry were swept away by the COVID-19 pandemic.
This report by The Canadian Press was first published Dec. 5, 2021.
All 79 locations of pharmacy and retail chain London Drugs were shut down Sunday after it was the victim of a “cybersecurity incident.”
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Elias Lindholm scored 1:02 into overtime and the Vancouver Canucks came all the way back to beat the Nashville Predators 4-3 in Game 4 of their first-round playoff series on Sunday.
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Aerial photos posted by Chinese state media on Sunday showed wide devastation in part of the southern city of Guangzhou after a tornado swept through the day before, killing five people, injuring dozens others and damaging more than 140 buildings.
Ontario is introducing a suite of measures that will crack down on cellphone use and vaping in schools.
Australia's Prime Minister Anthony Albanese on Monday described domestic violence as a 'national crisis' after thousands rallied around the country against violence toward women.
Rookie goalie Arturs Silovs will start in net for the Vancouver Canucks when they face the Nashville Predators in Game 4 of their first-round playoff series Sunday.
U.S. intelligence officials have determined that Russian President Vladimir Putin likely didn't order the death of imprisoned opposition leader Alexei Navalny in February, according to an official familiar with the determination.
The lawyer for a residential school survivor leading a proposed class-action defamation lawsuit against the Catholic Church over residential schools says the court action is a last resort.
Raneem, 10, lives with a neurological condition and liver disease and needs Cholbam, a medication, for a longer and healthier life.
As if a 4-0 Edmonton Oilers lead in Game 1 of their playoff series with the Los Angeles Kings wasn't good enough, what was announced at Rogers Place during the next TV timeout nearly blew the roof off the downtown arena.
Mounties in Nanaimo, B.C., say two late-night revellers are lucky their allegedly drunken antics weren't reported to police after security cameras captured the men trying to steal a heavy sign from a downtown business.
A property tax bill is perplexing a small townhouse community in Fergus, Ont.
When identical twin sisters Kim and Michelle Krezonoski were invited to compete against some of the world’s most elite female runners at last week’s Boston Marathon, they were in disbelief.
The giant stone statues guarding the Lions Gate Bridge have been dressed in custom Vancouver Canucks jerseys as the NHL playoffs get underway.
A local Oilers fan is hoping to see his team cut through the postseason, so he can cut his hair.
A family from Laval, Que. is looking for answers... and their father's body. He died on vacation in Cuba and authorities sent someone else's body back to Canada.