Building boom helps P.E.I. lead in growth, but labour shortages persist
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CTV News
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- CTV News
‘We're always bracing:' Growing anxiety among restaurants as tariff deadline looms
As Friday's U.S. tariff deadline looms, many in the restaurant industry are left with uncertainty about what it means for their business. Costa Elles, the owner of Ela Greek Taverna, says the last few months have been a whirlwind. 'We're always bracing. It's obviously been a very tough time for the restaurant industry for the last five plus years. So, this is just another thing to worry about,' says Elles. He says his restaurant has already seen supply costs spike by five to 10 per cent. 'The main issue we are facing is always the pricing. You don't know whether something is going to come in under $40 a case or $80 a case,' says Elles. 'Having to reprint menus… a cost of $5,000 every time you do that.' It's a reality he says leaves him with a unique challenge. 'Not only do we face a price increase in the products that we buy in the raw materials, we now have to look at our employees and give them a little bonus as well, because they themselves are facing tough times when they go to the stores,' says Elles. 'So that uncertainty is really causing us to have some sleepless nights.' With the looming tariff deadline, Restaurants Canada says hope is running thin for those in the food sector. 'Until we know for sure if there's going to be a delay again, the anxiety remains in the air because indeed, if there are tariffs on both sides of the border on these products, it will be felt across the board,' says Janick Cormier, Restaurants Canada's Atlantic vice-president. In an industry that relies on planning and stocking products ahead of time, restaurants are now left watching from the sidelines, as another wave of uncertainty unfolds. 'Stability is really important for us. Whether it's going to come on Friday, whether its going to be extended... you know we're bracing for that,' says Elles. For more Nova Scotia news, visit our dedicated provincial page
Globe and Mail
28 minutes ago
- Globe and Mail
Swiss Water Conference Call Notification for 2025 Second Quarter Results
VANCOUVER, British Columbia, July 30, 2025 (GLOBE NEWSWIRE) -- Swiss Water Decaffeinated Coffee Inc. (TSX: SWP) ("Swiss Water" or "the Company"), a leading specialty coffee company and premium chemical free coffee decaffeinator, announced today that it will hold a conference call to discuss its financial results for the three and six months ended June 30, 2025, on Thursday, August 07, 2025, at 1:00 PM Pacific (4:00 pm Eastern). The call can be accessed by dialling approximately five minutes before the call: 1-888-506-0062 (toll-free) or 1-973-528-0011 (international); Listeners will be prompted to provide an access code: 741915. If a listener does not have this code, they can reference the Company name as an alternative passcode. A replay will be available through Thursday, August 21, 2025, at: 1-877-481-4010 (toll-free) or 1-919-882-2331 (international); replay passcode 52720 The financial results will be released on Wednesday, August 06, 2025, after the market closes. About Swiss Water Swiss Water Decaffeinated Coffee Inc. is a leading specialty coffee company and a premium green coffee decaffeinator that employs the proprietary Swiss Water® Process to decaffeinate green coffee without the use of chemical solvents such as methylene chloride. It also owns Seaforth Supply Chain Solutions Inc., a green coffee handling and storage business. Both businesses are located in Delta, British Columbia, Canada. For more information, please contact
National Post
28 minutes ago
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CI Global Asset Management Refiles Management Reports of Fund Performance
Article content TORONTO — CI Global Asset Management ('CI GAM') has refiled the Annual Management Reports of Fund Performance (the 'MRFPs') for the funds listed below. The refiling is to correct inadvertent misstatements in the disclosure of the funds' management expense ratios ('MERs') and trading expense ratios ('TERs'). No other changes were made to the funds' MRFPs. Article content Fund Series Original MER (%) Corrected MER (%) Original TER (%) Corrected TER (%) CI Select 100e Managed Portfolio Corporate Class A 2.87 2.60 0.28 0.27 AT5 2.92 2.65 AT8 2.91 2.64 E 2.65 2.39 EF 1.60 1.33 EFT5 1.64 1.38 EFT8 1.64 1.38 ET5 2.78 2.52 ET8 2.91 2.64 F 1.78 1.51 FT5 1.83 1.56 FT8 1.80 1.53 I 0.43 0.16 IT5 0.43 0.16 IT8 0.42 0.16 O 0.59 0.32 OT5 0.60 0.33 OT8 0.59 0.32 P 0.67 0.40 PT5 0.65 0.39 PT8 0.65 0.39 CI Portfolio Series Maximum Growth Fund A 2.85 2.58 0.26 0.25 AT5 2.69 2.43 AT8 2.92 2.66 E 2.70 2.43 EF 1.67 1.41 EFT5 1.64 1.38 EFT8 1.65 1.39 ET5 2.77 2.51 ET8 2.78 2.52 F 1.76 1.50 FT8 1.69 1.43 I 0.41 0.15 O 0.58 0.32 OT5 0.57 0.31 OT8 0.58 0.32 P 0.66 0.40 PT8 0.65 0.39 CI U.S. Aggregate Bond Covered Call Fund A 1.53 1.45 1.19 1.17 F 0.67 0.59 I 0.22 0.14 P 0.28 0.20 W 0.28 0.20 CI Conservative Asset Allocation Fund A 0.86 0.84 0.75 0.69 F 0.30 0.27 I 0.05 0.02 P 0.10 0.08 W 0.10 0.08 Article content Article content The corrected MRFPs are available through SEDAR+ at and through CI GAM's website at Article content CI Global Asset Management ('CI GAM') is one of Canada's largest investment management companies. It offers a wide range of investment products and services and is on the web at CI GAM is a subsidiary of CI Financial Corp. (TSX: CIX), an integrated global asset and wealth management company with approximately $546.1 billion in assets as at March 31, 2025. Article content Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the simplified prospectus before investing. Mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated. Article content This communication is intended for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to purchase mutual funds managed by CI Global Asset Management and is not, and should not be construed as, investment, tax, legal or accounting advice, and should not be relied upon in that regard. Every effort has been made to ensure that the material contained in this document is accurate at the time of publication. Individuals should seek the advice of professionals, as appropriate, regarding any particular investment. Investors should consult their professional advisors prior to implementing any changes to their investment strategies. These investments may not be suitable to the circumstances of an investor. Article content Article content Article content Contacts Article content
