BREAKING Loblaw agrees to sign grocery code of conduct after months of negotiations
Loblaw Cos. Ltd. said Thursday it's ready to sign on to the grocery code of conduct, paving the way for an agreement that's been years in the making.
CBRE says it expects Canadian hotels will recover only slightly from the COVID-19 pandemic this year as travel restrictions linger.
The commercial real estate company says it expects Canadian hotel occupancy to hover around 38 per cent, up from 33 per cent last year and down from 65 per cent in 2019.
Occupancy typically sits between 70 and 80 per cent in Vancouver, Toronto, Halifax/Dartmouth, Montreal and Ottawa, but CBRE believes it will range from 31 to 37 per cent in those cities this year.
CBRE says the average daily rate of a hotel booking will reach $131 this year, up from $129 last year but down from $164 in 2019.
It predicts the most affordable daily rate of cities surveyed will be $101 in Regina and the most expensive will be $155 in Vancouver.
CBRE says the slight increases will be caused by an uptick in demand for domestic and leisure travel, but the industry will remain hampered by border closures, vaccination rates and a lack of in-person meetings and conferences.
Once borders open, CBRE warns that the industry's recovery could be impacted again by Canadians, who may find domestic travel less attractive.
"People have been at home for a year and a half, they've done the road trips," said CBRE Hotels director Nicole Nguyen, in a release.
"The moment they're vaccinated and can move around freely there is a strong chance that they will reschedule the all-inclusive trip to somewhere sunny that they had to cancel, will hop on a plane for Europe or head across the border.
"We may have a hard time keeping them at home."
This report by The Canadian Press was first published June 16, 2021.
Loblaw Cos. Ltd. said Thursday it's ready to sign on to the grocery code of conduct, paving the way for an agreement that's been years in the making.
Veteran TSN broadcaster Darren 'Dutch' Dutchyshen, one of Canada’s best-known sports journalists, has died. He was 57. His family says 'he passed as he was surrounded by his closest loved ones.'
To give Canadians a break on their summer road trips, Conservative Leader Pierre Poilievre is calling on Prime Minister Justin Trudeau to suspend all gas and diesel taxes from Victoria Day to Labour Day.
A Montreal father who kidnapped his daughter who has autism and lied to police when they asked where she was should serve three years in prison, a Crown prosecutor said.
Police are alleging that Ontario’s so-called ‘Crypto King’ Aiden Pleterski was soliciting investments as recently as February – almost two years after he was petitioned into bankruptcy for allegedly running a Ponzi scheme worth more than $40 million.
Many Canadians found a message from the Canada Revenue Agency this week as they received their first direct deposit for the Canada Carbon Rebate.
A medical examiner says a Massachusetts teen who participated in a spicy tortilla chip challenge died from ingesting a substance 'with a high capsaicin concentration.'
Auto technology has evolved and many newer cars use wireless key fobs and push-button starters instead of traditional metal keys. But that technology also makes things easier for thieves.
Scientists from the University of Western Australia and Kelpsie Geociences in the U.K. say they were surprised to discover an underwater camera caught video of a rare deep-sea squid.
A Starbucks fan — whose name is Winter — is visiting Canada on a purposeful journey that began with a random idea at one of the coffee chain's stores in Texas.
Members of Piapot First Nation, students from the University of Winnipeg and various other professionals are learning new techniques that will hopefully be used for ground searches of potential unmarked grave sites in the future.
ALS patient Mathew Brown said he’s hopeful for future ALS patients after news this week of research at Western University of a potential cure for ALS.
When Adam Kirschner wrote 'Slap Shot,' he never imagined the song would be embraced by his favourite team.
A team is ready to help an entangled North Atlantic right whale in the Gulf of St. Lawrence.
A $200 reward is being offered by a North Vancouver family for the safe return of their beloved chicken, Snowflake.
Two daughters and a mother were reunited online 40 years later thanks to a DNA kit and a Zoom connection despite living on three separate continents and speaking different languages.
Mother's Day can be a difficult occasion for those who have lost or are estranged from their mom.
YES Theatre Young Company opened its acclaimed kids’ show, One Small Step, at Sudbury Theatre Centre on Saturday.