Puck to drop on LeBreton Flats arena as Sens, NCC announce land sale
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Calgary Herald
18 minutes ago
- Calgary Herald
Mark Sutcliffe excited to see next steps for Senators at LeBreton Flats
Article content 'We play a role in every development project that happens in the city of Ottawa. So, yes, absolutely, there is a role for us to play,' Sutcliffe said. 'We have not been a party to any of this to this point. We weren't at the table, and nor should we have been, for any of the discussions between the NCC and the Senators. That was between them. Article content 'I look forward to hearing the details as the Senators develop a plan. We will see where that leads, and we'll be ready to work with the Senators on the site plan, zoning, transportation, public transit and all of the different elements of the infrastructure that will be needed to make this move forward.' Article content Sutcliffe said he has been kept apprised of negotiations throughout by the Senators. Article content Leeder has cited the structure used to negotiate a Public Private Partnership (P3S) for the Bell Sensplex and the Richcraft Sensplex in the past. He said those have been successful and has indicated there may be room for that kind of negotiation here. Article content Article content Sutcliffe said it's too early to speculate on whether a P3 would work in this scenario. Article content 'It depends what it is,' Sutcliffe said. 'P3 is such a broad and general term that it's hard to know exactly what that could look like. I am always ready to talk about anything that will benefit the city of Ottawa and the residents of Ottawa.' Article content Sutcliffe plans to sit down with Andlauer and Leeder shortly to discuss what the next steps are in this process. The city also wants to find out what the plan is for the 75 acres where the Canadian Tire Centre sits, because it will be either sold or redeveloped by the Senators Article content 'The Canadian Tire Centre has been a huge economic driver for Kanata for 30 years now,' Sutcliffe said. 'It's been a job creator, great for restaurants and the community there. We can't overlook the fact that if the Senators, someday in the future, are no longer going to be playing there, and all those big events aren't going to be coming to the Canadian Tire Centre, we need to have a plan for that site.
CTV News
18 minutes ago
- CTV News
New Maritime subscription box is going to the dogs
Meet the creators behind a new local subscription box for dogs in this week's Pet Talk. The Maritime Mutt box is a new quarterly subscription box made just for dogs filled with local products. Co-founders Jenna McCarthy and Ryan Casey came up with the idea after working with dogs in Jenna's dog walking business. 'Jenna has been working with dogs for a long time with a dog walking business. So, we have been seeing many different products and so many great local suppliers. So, we came up with the idea this summer and thought we would make a go of it,' said Casey in an interview with CTV News Atlantic's Crystal Garret on Tuesday. 'We launched the idea on July 1 to start getting it out there. We have seen great responses from suppliers who want to be in the box to get their products into pets' paws.' McCarthy said many dog owners make their pets a part of their families, so they decided to make their dog Winnie the mascot for the business. 'Anyone who has a dog I find we really make them part of our family. We thought we might as well make her the mascot,' she said. Each box will consist of products locally made in Atlantic Canada like treats, accessories and care products. 'We are looking for products that are high quality. I think a lot of the products made here are great,' said Casey. 'We have accessories, we have care items, treats, nail enhancers, we're looking at all kinds of different things.' 'We're hoping to do a seasonal theme,' said McCarthy, 'So I'm hoping for each box to make it about each season because I think our dogs need change as the seasons change.' The first box will be released in September with one dollar from each box going to the SPCA.
Globe and Mail
18 minutes ago
- Globe and Mail
PG vs. Inflation: How Long Can Price Hikes Offset Input Costs?
The Procter & Gamble Company PG has relied on price increases in recent years to offset inflationary pressures on input costs, but sustaining this strategy indefinitely presents challenges. While fiscal 2025 saw balanced contributions from volume and pricing, management has acknowledged that consumer behavior is shifting as inflation, tariffs and macro uncertainty weigh on purchasing patterns. In some categories, especially in North America and Europe, category growth has slowed, and consumers are seeking value through smaller packs, promotions or lower-priced tiers. This creates a ceiling on the effectiveness of repeated price hikes, as further increases risk driving trade-down or reducing category growth. PG's ability to maintain pricing power depends heavily on its brand superiority and innovation pipeline. Management emphasized that categories where performance has slipped below consumer expectations have seen share pressure, but regaining superiority quickly reaccelerates growth. Examples such as innovation in Pampers, SK-II and Swiffer demonstrate that when product performance and value are clearly communicated, the company can command premium pricing even in a cost-sensitive environment. PG is working on cutting costs, improving its supply chain and focusing on its most profitable products to handle ongoing inflation. The company is aiming for up to $1.5 billion in yearly savings and is removing less important products so it can invest in the best ones. But with $200 million in extra commodity costs and $1 billion in tariffs expected in 2026, PG will need more than just price hikes. It plans to combine smarter pricing with cost savings and innovations to stay ahead. PG's Peers: How CL & CHD Tackle Inflation In an increasingly inflationary and volatile macroeconomic environment, leading consumer goods companies like Colgate-Palmolive Company CL and Church & Dwight Co., Inc. CHD are leveraging strategic price increases and premium innovation to help offset rising input costs. Colgate has been using price increases alongside its premium innovation strategy to help cover rising input costs, including higher raw materials, like fats and oils and the impact of tariffs. In second-quarter 2025, pricing added 80 basis points (bps) to its gross margin, but this was more than offset by a 420-bps hit from raw and packaging material inflation. The company is also relying on 'funding-the-growth' productivity initiatives, which delivered a 250-bps benefit, and is planning further pricing actions in key international markets. For Church & Dwight, price increases have been an important tool to help offset higher costs from raw materials, packaging and tariffs, but the benefit is becoming more limited. In second-quarter 2025, the company saw solid volume gains, yet pricing and mix had only a small positive impact on sales, and inflationary pressures still weighed on margins. Management is balancing selective pricing with productivity improvements, cost controls and innovation to protect profitability, acknowledging that there is a limit to how much consumers will accept higher prices before switching to cheaper alternatives. This means future margin protection will rely more on efficiency gains and premium product growth rather than relying solely on price hikes. PG's Price Performance, Valuation & Estimates Procter & Gamble's shares have lost around 7.5% year to date compared with the industry 's 4.3% dip. From a valuation standpoint, PG trades at a forward price-to-earnings ratio of 22.01X compared with the industry's average of 19.79X. The Zacks Consensus Estimate for PG's fiscal 2025 and 2026 EPS indicates year-over-year growth of 2.3% and 6.3%, respectively. The company's EPS estimates for fiscal 2025 and 2026 have moved downward in the past 30 days. Procter & Gamble currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Research Chief Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months. Free: See Our Top Stock And 4 Runners Up Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Procter & Gamble Company (The) (PG): Free Stock Analysis Report Colgate-Palmolive Company (CL): Free Stock Analysis Report Church & Dwight Co., Inc. (CHD): Free Stock Analysis Report
