Latest news with #CanadianTire
Globe and Mail
an hour ago
- Business
- Globe and Mail
Bullish on Canadian Tire Corp. Ltd.
Canadian Tire CTC-A-T, (Monday's close $189.02) had a sharp rise from $67.15 in March, 2020 (not shown) to $213.85 in May, 2021 (A), reversed the trend when it fell below the 40-week Moving Average (40wMA – B), and started trading below a falling trendline (dotted line). The stock appeared to be ready to reverse this trend in 2023 when it rallied above the 40wMA, but Canadian Tire ran into resistance at the falling trendline (C). The recent sharp rise above the falling trendline confirmed the breakout and the start of a new uptrend (D). At the same time, Canadian Tire is becoming overbought as it rises farther away from its average; a minor pullback toward $170-175 would provide a better entry. Only a sustained decline below $160-165 would be negative. Point & Figure measurements provide targets of $200 and $220. Higher targets are visible. Monica Rizk is the Senior Technical Analyst of the Phases & Cycles publication ( Chart source:
Calgary Herald
20-07-2025
- Business
- Calgary Herald
‘I can feel their enthusiasm': Billionaire Ruby Liu holds job fair to bolster bid to take over HBC leases
Vancouver-based billionaire Ruby Liu was welcomed by dozens of former Hudson's Bay employees at a job fair in Toronto on Saturday, as her organization staged a recruitment event for new stores she plans to open up after taking over the Bay's leases. Article content Liu has not received court approval to take over 25 of the Bay's leases as per a deal inked in May, and has yet to satisfy the demands of some of the landlords who have raised concerns about her takeover and want her to submit a proper business plan. One of Hudson's Bay senior lenders filed a motion this month to terminate the deal with Liu, arguing that the delay is costing the company money. Article content Article content But none of these factors seemed to discourage Liu on Saturday, who danced with applicants, walked around with a selfie stick to take photos and promote the event on social media and even briefly paused her recruiting to sing the national anthem. Article content 'I am confident that we are going to get the stores, so we are preparing for that,' Liu, whose statement was translated, told reporters at the event. 'We have received almost a thousand resumés online. I wanted to meet these candidates in person. I can feel their enthusiasm.' Article content Liu agreed to take over the leases for 28 of 96 Hudson's Bay stores, all of which were shut down last month as Canada's oldest retailer, which filed for bankruptcy protection under the Companies' Creditors Arrangement Act in March, looks to pay back millions of dollars to its creditors. Aside from monetizing its leases, the Bay also fired all its employees, sold intellectual property rights to Canadian Tire and is looking to auction its valuable artifacts. Article content Article content Each of those steps, including Liu's deal, needs to be approved by an Ontario court. Article content Article content Last week, an Ontario court was supposed to make a decision on whether or not HBC should cancel Liu's agreement, but that hearing had to be postponed, mostly because Liu arrived at court without a lawyer. Article content Liu said that her previous legal counsel had quit on Sunday afternoon, ahead of the hearing, which took place on Tuesday. Article content 'Our previous legal counsel didn't help us submit the business plan to the landlords and some materials we hoped to submit,' she said. 'We are very disappointed.' Article content Article content But things have changed since then, said Liu, who hired a new lawyer and hopes to go to court in mid-August. 'We want to meet with the landlords more and more,' she said. 'It was not arranged in the past as we wished and we hope that will be happening.' Article content Liu said that she is willing to 'share the profits' with landlords from her flagship stores, which are going to be 'fun and exciting,' she said during a speech at the event.
Hamilton Spectator
19-07-2025
- Health
- Hamilton Spectator
Canadian Tire product recalls: Chainsaws, air conditioners, hunting products, fishing gear and more
Health Canada has issued recalls notice for a number of products sold at Canadian Tire. Canadian Tire recently updated its website's recall page , adding a number of recalled products sold at the popular store — including part of a kids' fishing set, air conditioners, hunting products, part of a popular cooking appliance, as well as chainsaws and pole saws. Health Canada has issued a recall notice for Yardworks and Worx electric corded chainsaws and pole saws, due to a laceration hazard posed by a faulty switch. Recalled products were sold at Canadian Tire . A recall alert issued July 3 noted 3,028 units of the affected products were sold in Canada and 49,000 were sold in the United States. The impacted products were sold from September 2024 to March 2025. Health Canada has issued a consumer product recall for various ProXpédition hunting products , due to lack of labelling information. 'Immediately stop using the recalled products and contact ProXpédition to obtain a corrected label,' the Health Canada recall notice published on May 5 warns. The products were sold through Amazon and Canadian Tire. Health Canada explains the recalled hunting supply products don't have the proper consumer chemical labelling required by Consumer Chemicals and Containers Regulations under the Canada Consumer Product Safety Act. The Ninja Foodi Tendercrisp pressure-cooking lid has been recalled due to a potential burn hazard. 'Immediately stop using the multi-cooker's pressure-cooking function, discard the pressure-cooking lid, and contact SharkNinja to arrange for a replacement pressure-cooking lid,' Health Canada instructs consumers in a product recall notice on May 1 . Health Canada warns the lid can be opened during use which could cause hot contents to escape, posing a burn risk. In Canada, the product was sold at Walmart, Canadian Tire, Best Buy, Costco and possibly more. The jig, a type of weighted lure, included in the Discovery branded rod and reel combo kits has been recalled due to excess presence of lead. 'Immediately stop using the recalled product and contact Lil Anglers to receive a refund for the jig,' Health Canada warns in a recall notice published on June 2 . The kits were sold at Canadian Tire and possibly through other retailers. Health Canada updated an initial recall notice on June 23 to update model numbers. The recall notice now indicates only the U window air conditioners are recalled over mould concerns. Health Canada's recall notice shows Danby, Frigidaire, Insignia, Midea and Perfect Aire brands have been impacted by the recall in this country. Health Canada explains pooled water in the air conditioners can fail to drain quickly enough, which can lead to mould growth. 'Mould exposure poses risks of respiratory issues or other infections to some consumers,' the health agency warns. Recalled air conditioners were sold in Canada through Home Hardware, Best Buy, Costco, Home Depot, Amazon, Canadian Tire and Walmart — and possibly other stores. You can report a food concern or complaint to the Canadian Food Inspection Agency online. Consumers can report any health or safety incidents related to the use of products by filling out a consumer product incident report form . Report any drug or health product side effects or complaints to Health Canada. You can check for more recall notices published by Health Canada and CFIA online . Error! Sorry, there was an error processing your request. There was a problem with the recaptcha. Please try again. You may unsubscribe at any time. By signing up, you agree to our terms of use and privacy policy . This site is protected by reCAPTCHA and the Google privacy policy and terms of service apply. Want more of the latest from us? Sign up for more at our newsletter page .
Hamilton Spectator
19-07-2025
- Business
- Hamilton Spectator
Chainsaws and pole saws sold at Canadian Tire recalled
Health Canada has issued a recall notice for Yardworks and Worx electric corded chainsaws and pole saws due to a laceration hazard posed by a faulty switch. Recalled products were sold at Canadian Tire. A recall alert issued July 3 noted 3,028 units of the affected products were sold in Canada and 49,000 were sold in the United States. The affected products were sold from September 2024 to March 2025. The Yardworks nine-amp, 14-inch electric corded chainsaw is among the recalled products that pose a laceration hazard due to a potentially faulty switch. Customers are advised to contact the manufacturer, Positec Canada Ltd., for a replacement. 'Immediately stop using the recalled products,' Health Canada said in the recall notice. The main switch on the recalled chainsaws and pole saws can fail and allow the saws to continue to run even after the switch is released, which poses a laceration hazard, Health Canada added. As of June 30, Positec has received no reports of incidents or injuries in Canada or in the U.S., according to the recall notice. The Worx eight-amp, 14-inch electric chainsaw is another item recalled. Check for model number WG305. The first six digits of the serial number range from 202408 to 202501. The following devices are included in the recall. The eight-amp, 10-inch Worx electric pole saw is recalled. Look for model number WG309. The first six digits of the serial numbers range from 202408 to 202501. The nine-amp, 10-inch Yardworks 2-in-1 electric pole saw, with model number 0545757 and a serial number of 1 47 24 or 2 43 24, is included in the recall. Consumers are advised to contact Positec Canada for product replacement directions. Call the toll-free number at 1-888-997-8871 , from 9 a.m. to 6 p.m., eastern time, email chainsawrecall@ or visit the recall website . You can report a food concern or complaint to the Canadian Food Inspection Agency online. Consumers can report any health or safety incidents related to the use of products by filling out a consumer product incident report form . Check for more recall notices published by Health Canada and CFIA online . Error! Sorry, there was an error processing your request. There was a problem with the recaptcha. Please try again. You may unsubscribe at any time. By signing up, you agree to our terms of use and privacy policy . This site is protected by reCAPTCHA and the Google privacy policy and terms of service apply. Want more of the latest from us? Sign up for more at our newsletter page .
Yahoo
17-07-2025
- Automotive
- Yahoo
Cameron 'so proud' of effort for LMP2 win at CTMP
Dane Cameron sends his thoughts to Tom Dillman after a hard crash ended the Chevrolet Grand Prix, but the AO Racing driver is "so proud" of the effort to help give his team the LMP2 win at Canadian Tire.
