Gala at Evergreen Brick Works raises $1.5 million for WoodGreen's UnMet Needs campaign
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Winnipeg Free Press
2 hours ago
- Winnipeg Free Press
Free Press Head Start for July 29, 2025
Environment Canada has issued an air quality warning for Winnipeg. Widespread smoke with a high of 24 C. UV index of 8 or very high. What's happening today ⚾ The Winnipeg Goldeyes host the Fargo-Moorhead RedHawks at Blue Cross Park at 6:30 p.m. Today's must-read The proposed $1-billion development near Polo Park was billed as a complete community, including multi-family apartment towers, retail space and parks, that would transform the space once occupied by the Winnipeg stadium — but two years later, shifting economic and immigration landscapes have wreaked havoc on the plan. Gabrielle Piché has the story. Shifting economic and immigration landscapes have wreaked havoc on the $1-billion development plan near Polo Park. Justin Zarnowski, Shindico Realty's general counsel says the plan is in a 'holding pattern.' (Shindico) On the bright side As people around the world welcomed a new millennium, Torontonians in the year 2000 were welcoming something even bigger – a herd of hundreds of life-size moose statues. Twenty-five years ago, Toronto launched its Moose in the City campaign, a project featuring 326 colourful moose statues decorated by artists and placed all over the city in an effort to usher in the new year with a boost for local tourism and art sectors. The Canadian Press reports. A moose stands high atop the back deck of Laurel Brooks' home in Toronto. (Cole Burston / The Canadian Press) On this date On July 29, 1931: Between 60 and 70 cars were expected to arrive in Winnipeg from Galveston, Texas. Two monoplanes sped across the ocean on projected record-breaking non-stop flights from St. John's, N.L., to Istanbul and Turkey. A five-pound box of dynamite — intended to be used to demolish an old bank building — was set off by a spark from a steam shovel in Ottawa, shattering around 200 windows on an entire block. Read the rest of this day's paper here. Search our archives for more here. Today's front page Get the full story: Read today's e-edition of the Free Press .
Globe and Mail
5 days ago
- Globe and Mail
Rogers Communications' Earnings Call: Growth Amid Challenges
Rogers Communication (($TSE:RCI.B)) has held its Q2 earnings call. Read on for the main highlights of the call. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Rogers Communications' recent earnings call showcased a mix of achievements and challenges, reflecting a generally positive sentiment. The company reported significant revenue growth and strategic investments, while also addressing competitive pressures and regulatory risks that have impacted certain areas of their business. Positive Revenue and EBITDA Growth Rogers Communications reported a 2% growth in revenue and adjusted EBITDA across its Wireless, Cable, and Media segments for Q2 2025. This growth highlights the company's ability to maintain financial stability and expand its market presence despite external challenges. Successful Deleveraging The company achieved a debt leverage of 3.6x, returning to pre-Shaw deal levels nine months ahead of schedule. This successful deleveraging demonstrates Rogers' commitment to financial discipline and its strategic focus on strengthening its balance sheet. Major Strategic Moves Rogers completed a $7 billion equity investment, becoming the majority owner of MLSE with a 75% controlling interest. Additionally, the company launched satellite-to-mobile texting in Canada, marking significant strategic advancements in its service offerings. Significant Media Revenue Increase Media revenue saw a 10% increase, driven by expanded media content, the NHL playoffs, and revenue from the Toronto Blue Jays. This growth underscores the strength of Rogers' media segment and its ability to capitalize on popular sporting events and content expansion. Launch of 5G Advanced Network and Wi-Fi 7 Rogers initiated the deployment of 5G advanced network technology and began rolling out Wi-Fi 7 nationally. These technological advancements position the company at the forefront of telecommunications innovation, enhancing customer experience and service quality. Wireless Subscriber Growth Slowdown The company experienced a slowdown in net new wireless subscribers, decreasing to 61,000 from 162,000 the previous year. This decline is attributed to a moderating market size due to reduced immigration, highlighting the challenges in sustaining subscriber growth. Decline in ARPU Rogers reported a 3% decrease in blended mobile phone ARPU from the prior year, influenced by competitive intensity and lower outbound roaming revenue. This decline reflects the ongoing competitive pressures within the telecommunications industry. CRTC Decision Impact Rogers expressed concerns over a CRTC decision that could lead to reduced capital programs and at-risk network investments. This decision may impact competition and network construction jobs, posing potential challenges for the company's future growth. Forward-Looking Guidance Looking ahead, Rogers provided guidance for 2025, forecasting total service revenue growth between 3% and 5%, with adjusted EBITDA growth remaining at 0% to 3%. Capital expenditures are expected to be at the low end of the $3.8 billion to $4 billion range, and free cash flow is projected between $3 billion and $3.2 billion. These forecasts reflect the inclusion of MLSE's financial results and the company's strategic focus on cost efficiencies and financial stability. In summary, Rogers Communications' earnings call highlighted a positive trajectory in revenue and strategic investments, despite facing challenges such as slowed wireless subscriber growth and regulatory risks. The company's forward-looking guidance suggests a cautious yet optimistic outlook, with a focus on maintaining financial health and capitalizing on strategic opportunities.
Cision Canada
5 days ago
- Cision Canada
Simons to Open First Urban Toronto Store - Yorkdale Shopping Centre, on August 14
TORONTO, July 24, 2025 /CNW/ - Simons, the oldest private, family-run business in Canada, is pleased to announce its highly anticipated Yorkdale Shopping Centre store will officially open its doors to the public on the morning of August 14, 2025, at 10 a.m. EST. The first of two new urban Toronto locations opening this year, the Yorkdale store will span more than 118,000 square feet across two floors and feature labels exclusive to Simons, international designers, as well as local brands and artists to be revealed at the opening. True to Simons' uniquely Canadian approach and inspired by natural elements, the structure will leverage architecture by Lemay-Michaud Architecture, and interior design by Toronto-based Gensler Design. "At Simons, serving our customers is our greatest privilege," says Bernard Leblanc, President and CEO of Simons. "On August 14, we're proud to open our doors at Yorkdale Shopping Centre and invite Torontonians to discover the distinctive blend of fashion, art, and design that defines Simons. Our history and success have always been rooted in exceptional service — a commitment to our customers, our employees, and our partners — and we can't wait to share it with Toronto firsthand." As Simons' 18 th coast-to-coast location, the opening marks a major milestone in the brand's continued national expansion and reaffirms its investment in the Greater Toronto Area and the future of Canadian retail. About Simons Simons was founded in 1840 by John Simons in Quebec City. Originally a dry goods store, the family company is known today for accessible and inspired fashion. It is committed to cultivating creativity and building meaningful relationships with its staff, partners, and clientele. The company cares about the environment and about the communities in which it does business. Simons is recognized as a fashion authority with an original shopping concept. The company offers an extensive array of avant-garde fashions and exclusive private collections for men and women, complemented by a selection of nationally recognized brands and top designer names. Simons also carries home fashions for the bedroom, bathroom, and kitchen. The current 17 Simons stores are compelling, original environments that inspire customers with their fashion as well as their art and architecture. Locations: ten in Quebec, including the company's head office in Quebec City; three in Alberta; one in British Columbia; one in Nova Scotia; and soon four in Ontario.
