Business

Business

SUPPLIED Marlow co-founder Nadia Ladak pitches the Toronto-based startup to Women’s Equity Lab Manitoba investors in Winnipeg last month. Right: A selection of Marlow period care products.

WEL Manitoba investment fund signs on with Canadian company in push to meet province’s menstrual products mandate

Aaron Epp 5 minute read Friday, Jul. 17, 2026

An all-women, angel investment fund in Winnipeg is opening new doors for a Toronto-based company that produces organic, toxin-free tampons and pads.

WEL Manitoba recently voted to fund Marlow, a health startup that aims to revolutionize period care with the first-ever lubricated tampon designed for smoother and more comfortable insertion.

The fund’s investors were so impressed with Marlow they started linking the company with employers and retailers in the keystone province even before investing in the company, said Katie Hall Hursh, managing partner.

Those connections are being made in the lead-up to Sept. 1 — the day when all provincially regulated companies must provide free menstrual products to their employees.

Advertisement

Advertise With Us

Weather

Jul. 20, 12 PM: 23°c Windy Jul. 20, 6 PM: 18°c Cloudy with wind

Winnipeg MB

20°C, Windy

Full Forecast

Business

Here’s a list of June inflation rates for selected Canadian cities

The Canadian Press 1 minute read 7:52 AM CDT

OTTAWA - Canada's annual inflation rate was 2.8 per cent in June, Statistics Canada says. The agency also released rates for major cities, but cautioned that figures may have fluctuated widely because they are based on small statistical samples (previous month in brackets):

— St. John's, N.L.: 3.7 per cent (4.6)

— Charlottetown-Summerside: 3.6 per cent (3.7)

— Halifax: 4.3 per cent (4.8)

Business

Here’s a list of June inflation rates for Canadian provinces

The Canadian Press 1 minute read 7:52 AM CDT

OTTAWA - Canada's annual inflation rate was 2.8 per cent in June, Statistics Canada says. Here's what happened in the provinces (previous month in brackets):

— Newfoundland and Labrador: 3.8 per cent (4.4)

— Prince Edward Island: 3.8 per cent (3.8)

— Nova Scotia: 4.7 per cent (5.2)

Business

Signage is seen in the reception of CPP Investments' Toronto offices, on Thursday, Sept. 21, 2023. THE CANADIAN PRESS/Chris Young

Brookfield and CPP Investments buying LXP Industrial Trust in US$5.2B deal

The Canadian Press 1 minute read Preview

Brookfield and CPP Investments buying LXP Industrial Trust in US$5.2B deal

The Canadian Press 1 minute read 7:35 AM CDT

TORONTO - Brookfield Asset Management and the Canada Pension Plan Investment Board have signed an agreement to buy LXP Industrial Trust in an deal worth for US$5.2 billion, including debt.

LXP owns a portfolio of warehouse and logistics facilities in the U.S. including 108 properties across the U.S. Sunbelt and Midwest.

Sophie van Oosterom, head of real estate at CPP Investments, says the industrial sector, particularly in the U.S., continues to offer attractive long-term investment opportunities.

Under the terms of the agreement, LXP shareholders will receive US$61.20 per share in cash.

Read
7:35 AM CDT

Business

Canadian Utilities says Yellowhead pipeline project approved, construction to begin

The Canadian Press 1 minute read 7:05 AM CDT

CALGARY - Canadian Utilities Ltd. says the Alberta Utilities Commission has approved the Yellowhead natural gas pipeline project with construction set to begin immediately.

The $2.9-billion project includes the construction and operation of a 235-kilometre natural gas transmission pipeline from the Peers area in west-central Alberta to the Fort Saskatchewan region and one compressor station. 

It is expected to deliver over 1.1 billion cubic feet of natural gas once it is in service.

The company says all major pipeline and compressor contracts, including supply and materials, have been awarded.  

Business

File photo -- HMCS Windsor seen in the harbour in Halifax on Friday, June 25, 2021. The Victoria-class submarine is one of four in the fleet based on the Atlantic and Pacific coasts. THE CANADIAN PRESS/Andrew Vaughan

Babcock’s in-service contract for Victoria subs extended 6 years

Canadian Press Staff, The Canadian Press 2 minute read Preview

Babcock’s in-service contract for Victoria subs extended 6 years

Canadian Press Staff, The Canadian Press 2 minute read 7:00 AM CDT

OTTAWA - The federal government has awarded Babcock Canada a six-year extension on its servicing contract for the Royal Canadian Navy's Victoria-class submarines.

The contract is valued at $1.1 billion and includes options to extend the in-service support through the fleet's end of life, as the navy transitions to new submarines.

Canada's fleet of four Victoria submarines is expected to be retired in the mid-2030s.

Prime Minister Mark Carney announced earlier this month Canada's preferred bidder for its next fleet of subs will be a German-Norwegian partnership.

Read
7:00 AM CDT

Personal Finance

Bank towers are shown from Bay Street in Toronto's financial district, on Wednesday, June 16, 2010. THE CANADIAN PRESS/Adrien Veczan

Read this before you break up with your Big Six bank

Ritika Dubey, The Canadian Press 4 minute read Preview

Read this before you break up with your Big Six bank

Ritika Dubey, The Canadian Press 4 minute read 7:00 AM CDT

Clinton Begin was growing tired of frequent visits to bank branches and calling into the trading desk to check on various transactions. 

"There (were) a lot of things that just took too much of my time. I was always phoning, always going to visit them. It was always a big deal," he recalled.

Even though he had been banking with several of the big lenders for decades, his frustrations grew until they came to a head during one instance involving one of his registered accounts. He finally decided to pull the trigger and switch to a fintech as his primary bank.

Canada's banking regulator has been streamlining its bank licensing framework, making it easier for smaller financial companies and provincial credit unions to enter the federal financial system and compete against the Big Six. It's also giving consumers greater choice when it comes to who they want to bank with.

Read
7:00 AM CDT

More Business

Business

The screen showing the Korea Composite Stock Price Index (KOSPI) is placed at a dealing room of Hana Bank in Seoul, South Korea, Monday, July 20, 2026. (AP Photo/Lee Jin-man)

Wall Street futures rise, oil prices retreat despite an escalation in fighting by the US and Iran

Chan Ho-him And Matt Ott, The Associated Press 4 minute read Preview

Wall Street futures rise, oil prices retreat despite an escalation in fighting by the US and Iran

Chan Ho-him And Matt Ott, The Associated Press 4 minute read Updated: 7:35 AM CDT

Wall Street futures were rising in premarket trading Monday and oil prices retreated, but not before a gallon of gas in the U.S. breached the $4 level again.

Futures for the S&P 500 rose 0.6%, while Nasdaq futures jumped 1.1%. Futures for the Dow Jones Industrial Average, coming off its worst week since March, reversed course from losses to a gain of 0.4%.

Domino's jumped more than 7% after the pizza delivery giant beat second-quarter revenue projections and announced another round of stock buybacks. The company fell short of Wall Street's profit targets, even as its net income grew 3.6% over the same period last year.

AMC soared close to 15% in off-hours trading after the movie theater chain posted record second-quarter sales and profit. Those figures didn't even include the past weekend, when the 106-year-old theater company said 4.3 million people watched “The Odyssey” in its theaters. Six of its theaters even ran the Christopher Nolan-directed historical epic non-stop over the weekend — 85 hours straight — to meet demand.

Read
Updated: 7:35 AM CDT

Life & Style

FILE - The U.S. Department of Education building is photographed in Washington, Dec. 3, 2024. (AP Photo/Jose Luis Magana, File)

A wave of student loan borrowers have entered default since pandemic-era protections lapsed

Nicky Forster And Heather Hollingsworth, The Associated Press 5 minute read Preview

A wave of student loan borrowers have entered default since pandemic-era protections lapsed

Nicky Forster And Heather Hollingsworth, The Associated Press 5 minute read Updated: 2:18 AM CDT

Defaults on student loans have surged across the United States, reaching record levels as borrowers struggle to keep up with payments.

The numbers have spiked since payments came due again following a lengthy pause intended to provide relief during the COVID-19 pandemic. Today, around 9.5 million people — 1 in 5 federal student loan borrowers — are in default, meaning they are more than nine months behind on their payments.

While credit scores can suffer when borrowers are just a few months behind, entering default brings the possibility of more serious consequences, including garnished wages or Social Security payments. For now, the Trump administration has held off on such involuntary collections.

Despair is on the rise, advocates say.

Read
Updated: 2:18 AM CDT

Life & Style

Barbara Howaniec, a psychiatric nurse practitioner, poses for a photo in her office on Monday, June 15, 2026, in Portland, Maine. (AP Photo/Robert F. Bukaty)

As defaults on student loans surge, millions are trying to get their lives back on track

Heather Hollingsworth And Nicky Forster, The Associated Press 8 minute read Preview

As defaults on student loans surge, millions are trying to get their lives back on track

Heather Hollingsworth And Nicky Forster, The Associated Press 8 minute read Updated: 2:16 AM CDT

Life after college did not go as Ashley Dreahn planned.

After starting out as a teacher, she went back to school — and took out more loans — in hopes of landing a higher-paying job in the chemical processing industry. It never materialized, and then came Hurricane Harvey, a job loss and a car breakdown. By 2022, she was so broke she filed for bankruptcy.

She found work at a Texas prison and was rebuilding her life, saving up for weight-loss surgery, when this spring she heard from a credit-monitoring service. The student loans she thought had been discharged in bankruptcy had ballooned to $94,298 with interest, and she had to start making payments. She was in default.

“I absolutely broke down,” said Dreahn, 40.

Read
Updated: 2:16 AM CDT

LOAD MORE BUSINESS ARTICLES