Latest smartphone app launch for young do-it-yourself investors points to industry trending toward no commissions on trades

A battle for young investors is being waged among Canada’s big banks and upstart fintechs, with RBC firing among the more recent salvos.

It recently launched a smartphone app called GoSmart, offering self-directed investors — or do-it-yourselfers (DIY) —access to online trading with the ability to choose from 53 exchanged-traded funds (ETFs) that can be bought and sold without commissions.

As well, GoSmart investors can trade up to 50 times per year commission-free on any U.S. or Canadian stock. This is notable, given users of RBC’s existing discount brokerage platform Direct Investing, who have been able to trade these select ETFs for free since last year, do not receive those additional 50 free trades.

“It’s a pretty substantial change,” says Dimitri Busevs, president and chief executive officer of RBC Direct Investing.

Papiiro opens doors, journals in Village

At Papiiro, the fine arts of stationery design, decoration and curation are taken to another level.

The 109 Osborne St. shop’s offerings range from basic pens and notebooks to the hyper-niche tools of a journaler’s dreams — stickers of all sizes of anything you can think of, colourful clamps to hold down papers down while you work, even posture-correcting stuffed animals to lean against to stop hunching while you work.

But owner Cay Iledan’s favourite thing is simple: a customizable multi-pen that can be filled in-store with different ink colours and even mechanical pencil graphite. It’s a range of options all in one spot, much like the store itself, which has stocked imported stationery from Japan, Taiwan and the Philippines since it opened one month ago.

“It’s things that we don’t often see in Winnipeg, we often see stationery shops that carry what we have in bigger cities like Toronto or Vancouver. It’s just giving the people in Winnipeg a lot more options in terms of stationery, not just only from Staples or from (Canada-wide chain Japanese goods store) Oomomo or something like that,” Iledan, 39, said Thursday.

Why one Las Vegas newspaper just stopped printing its rival

LAS VEGAS (AP) — The Las Vegas Review-Journal announced Friday that it will no longer print its rival the Las Vegas Sun for the first time in decades, sharpening their legal dispute over the nation’s last joint operating agreement stemming from a 1970 law designed to preserve newspapers.

Readers “will not find a printed Las Vegas Sun insert inside,” the Review-Journal wrote in an editorial, noting the Sun maintains a website, has a few hundred thousand followers across social media platforms, and is free to produce its own newspaper.

“We encourage them to do so. The Review-Journal competes with countless sources of news and entertainment, but we would welcome one more. We just don’t want to foot the bill. It is time the Sun stood up on its own two feet,” the editorial said, without specifying the cost.

It was the first day in 76 years the Sun hasn’t been printed, Sun attorney Leif Reid said in an email.

A legal reckoning for social media firms

It has been referred to as a bellwether case, a landmark decision and a profound “enough is enough” moment.

April Fools’ Day jokes highlight real-life issues, joys of local small businesses, owners say

Oh Doughnuts patrons received a prank with their pastries on Wednesday morning.

The beloved Winnipeg business posted on social media that, at day’s end, it would shut its doors for good.

“The economy has been rough for us all, but as a small business it just became too difficult to keep this doughnut train going,” the post stated.

Eagle-eyed readers noted it twice mentioned April 1 — a hint it was in fact an April Fools’ Day jest.

On schedule: provincial minimum wage to rise to $16.40/hr in October

Manitoba’s minimum wage is set to rise 40 cents in October, leaving labour and business advocates split on the benefit of continuing to tie the baseline to the rate of inflation as the cost of living grows.

The minimum wage will rise to $16.40 per hour from $16/hr on Oct. 1. (The provincial government is required to announce the incoming minimum wage by April 1 each year.)

Provincial legislation ties the mark to inflation — the 40-cent increase is in line with Manitoba’s 2.7 per cent inflation rate in 2025 — and in 2022, the former Progressive Conservative government amended the rules to allow minimum wage be boosted beyond inflation, but only if inflation exceeds five per cent.

However, that same legislation prevents the province from closing the gap between the minimum wage and the cost of living, said Manitoba Federation of Labour president Kevin Rebeck.

Hershey says it will shift back to classic recipe for all Reese’s products after criticism

Hershey said Wednesday it will use classic recipes for all Reese’s products starting next year, a change that comes after the grandson of Reese’s founder criticized the company for shifting to cheaper ingredients.

Reese’s Peanut Butter Cups have always been made with real milk chocolate or dark chocolate and peanut butter. But a small portion of Hershey’s and Reese’s products, like mini Easter eggs, are now made with a coating that contains less chocolate.

Hershey said that in 2027, it will shift those products to “their classic milk chocolate and dark chocolate recipes.”

The Hershey, Pennsylvania-based company said it will also be making other changes to its sweets portfolio next year, including transitioning to natural colors and enhancing Kit-Kat’s recipe to make it creamier. The company said it plans to increase its research and development funding by 25% next year.

Apple’s 50-year odyssey has redefined technology, pop culture and comeback stories

CUPERTINO, Calif. (AP) — A scrawny hippie and a nerdy engineer who became prank-playing friends vowed to change the world when they founded a Silicon Valley startup on April Fools' Day 50 years ago and then — no joke — pulled it off.

The improbable odyssey began April 1, 1976, when a then-shaggy Steve Jobs and his gadget-tinkering friend Steve Wozniak signed a two-page partnership document that created Apple Computer Co.

Jobs, a 21-year-old college dropout, and Wozniak, a 25-year-old Hewlett-Packard employee, each received a 45% stake in Apple, with the remaining 10% going to their 41-year-old adviser, Ron Wayne.

The company got off to such a shaky start while trying to build a personal computer in the Los Altos, California, home of Jobs' parents that Wayne relinquished his stake for $2,300. It proved to be a $370 billion mistake, based on how much his holdings would have grown now that Apple boasts a $3.7 trillion market value.

PWHLPA president Stacey says salary leak ‘a shock’ but may help players push for more

MONTREAL - Laura Stacey was caught off guard when PWHL player salaries leaked last week.

Now she hopes the added transparency helps players seek better contracts moving forward.

Stacey, the president of the Professional Women’s Hockey League Players’ Association, addressed the situation Tuesday after The Hockey News published salaries from the 2024-25 season, despite the union voting last summer to make that information available only to players and agents.

“It is amazing for the players that our salaries are public so that one another can help each other, especially in terms of expansion and signing new contracts and free agency,” the Montreal Victoire forward said after practice at Verdun Auditorium. “With that being said, we voted on it to be public for our eyes and for our agent's eyes only, so I think that was a bit of a shock for us and not something that we necessarily wanted, or the way we wanted it to come out.

Four local Toronto-area Metroland newspapers make a print comeback

TORONTO - Torstar and Metroland Media Group say print editions for four local newspapers in the Greater Toronto Area are making a comeback.

A monthly print edition of the Burlington Post debuted last week, while the Oakville Beaver will be available for pick up at public locations and local businesses starting Wednesday.

Meanwhile, Whitby This Week and Oshawa This Week are set to have print relaunches on April 8 and 15, respectively.

Metroland says it is also relaunching its journalism internship program with 20 new editorial intern positions for the summer and year-long positions across Ontario.

Manitoba Hydro reduces remote work; decision raises fears among employees at other Crown corporations

Manitoba Hydro’s decision to cut remote workdays from two to one per week for eligible employees is causing concern for other public-sector workers who worry hybrid arrangements will be eroded.

Swan River-based cosmetics brand seeks ‘bigger breakthrough’

A makeup and skincare brand led by a newcomer out of the town of Swan River is looking to expand its reach.

Harmony Aesthetics banks on cryogenic storage, preservation, future utilization of hair follicle stem cells

Staff members at Harmony Aesthetics invite you to put yourself on ice.

The boutique clinic in Winnipeg’s Charleswood neighbourhood, which specializes in skincare and aesthetic treatments, now offers stem cell banking. Clients who have their stem cells collected can use them for skincare treatments at the clinic and keep them preserved for future cell-based treatments.

Brian Foster and Rukhsana Foster, the husband-and-wife duo who lead Harmony, say they’re the first clinic in Manitoba to offer this form of stem cell banking. They partnered with Acorn Biolabs, a bio-technology company in Toronto, to offer the service.

“It’s so exciting to me to have your stem cells on file permanently, cryogenically preserved … because I will never be younger and healthier than I was yesterday,” said Brian Foster. “So having that yesterday version of me on file can be incredibly beneficial in the future when new technologies are developed.”

Popularity of sweater with Manitoba roots goes galactic after visit to stars

It’s the ultimate interstellar fashion moment; a vintage-inspired Mary Maxim fox knit, worn by Ryan Gosling’s character in his latest blockbuster Project Hail Mary, has sent the crafting world spinning.

Canada not worried U.S.-Mexico trade talks will upend trilateral deal, LeBlanc says

OTTAWA - Canada-U.S. Trade Minister Dominic LeBlanc said on Monday he isn't worried Mexico will sign a trade agreement with the Americans that excludes Canada.

LeBlanc told reporters at a news conference that the Mexicans are also committed to a trilateral deal as the countries work to renew the Canada-U.S.-Mexico Agreement on trade, better known as CUSMA.

"We've also said all along that there will be a bilateral element to these discussions and there will also be a trilateral element," he said.

"The American administration and our government and the Mexicans have also been clear that there are bilateral issues that properly will be worked on together by two countries and it will necessarily form part of the discussion around the trilateral review of CUSMA as well."

Air Canada CEO to step down later this year after backlash over lack of French

MONTREAL - Air Canada chief executive Michael Rousseau will leave the company later this year after coming under fire last week for his failure to deliver a video condolence message in French following a plane crash that killed two Air Canada Express pilots.

Rousseau has told the board he will step down before October, the airline said Monday. He is expected to continue to lead Canada's largest carrier and serve on its board of directors until they part ways.

The announcement leaves Air Canada scrambling to find a replacement amid the challenge of soaring fuel prices and depressed cross-border travel, and follows a half-decade marked by both COVID-19 hurdles and profit wins under the watch of a CEO known more for his financial finesse than fine-tuned community relations.

Rousseau, 68, was widely criticized for his lack of French in the four-minute condolence video posted online that included only two words in the language — "bonjour" and "merci."

‘Massive operation’: Canadian driller, shipper enlisted to help tap Greenland oil

CALGARY -

The promotional video shows a small creek trickling through a mossy patch in an otherwise brown, barren landscape, icebergs looming just offshore.

A petroleum engineer dips a hand into the stream, then takes a sniff.

"It smells like crude oil," he says, grinning at the camera.

Functional menswear brand dEDIGER back in fashion

Tanner Brooks gets things done.

The 32-year-old lives in the country, drives a truck, works all day as an electrician and helps out on his family’s farm on evenings and weekends. Every so often, he drives into the city to grab a drink with his buddies or to take his girlfriend on a date.

Not bad for someone who doesn’t exist.

Brooks is the customer avatar for dEDIGER, a Winnipeg-based menswear brand that offers everyday durable, functional clothing. Shelley Ediger started the brand almost 15 years ago, put it on the backburner in 2018, and relaunched it in August with the help of Naomi Shindak.

Procurement ombud slams Indigenous procurement strategy outcomes in ‘shocking’ report

OTTAWA - Indigenous Services Canada and other departments are failing to uphold their own Indigenous procurement strategy and may be allowing contractors to use shell companies to access contracts reserved for Indigenous businesses, the federal procurement ombudsman said Thursday in a new report.

In a scathing analysis, Alexander Jeglic said Indigenous Services Canada failed to provide timely answers to procurement officers' questions in some cases and allowed some contracts to go out to companies not listed in the Indigenous Business Directory.

The report also cites a lack of oversight on contracts to ensure 33 per cent of the value of the work is done by an Indigenous contractor.

"Non-Indigenous businesses may use Indigenous businesses as shell companies — entities that meet the minimum ownership requirement on paper but do not actually perform the work — allowing them to unfairly access contracts intended to be set aside for Indigenous businesses," the report reads.

Verdicts against Meta, YouTube validate concerns long raised by parents, child safety advocates

For years, parents, teenagers, pediatricians, educators and whistleblowers have pushed the idea that social media is detrimental to young people's mental health and can lead to addiction, eating disorders, sexual exploitation and suicide.

For the first time, juries in two states took their side.

In Los Angeles on Wednesday, a jury found both Meta and YouTube liable for harms to children using their services. In New Mexico, a jury determined that Meta knowingly harmed children’s mental health and concealed what it knew about child sexual exploitation on its platforms.

Tech watchdog groups, families and children’s advocates cheered the jury decisions.

Indigenous Chamber of Commerce Manitoba annual event encourages aspiring entrepreneurs to believe in themselves

Matthew Sabourin owns a craft brewery and hospitality company that employs 50 people, and is preparing to open a second location later this year, but when he was growing up, he never pictured himself as a businessperson.

“I did not have that confidence,” said Sabourin, co-founder of La Brasserie Nonsuch Brewing Co. in Winnipeg’s Exchange District.

Ideas would run through Sabourin’s mind, but he didn’t even consider pursuing them because he believed he couldn’t make them a reality.

“I now realize looking back … I have been an entrepreneur all my life,” he said.

Robot umpires are coming to MLB. Here’s how they work

NEW YORK (AP) — Robot umpires are coming to the big leagues this year.

The Automated Ball/Strike System will be introduced in the form of a challenge system in which the human umpire makes each call, which can be appealed to the computer. Robot umpires have been tested in the minor leagues since 2019, with recent testing done at Triple-A since 2022, MLB spring training last year and at the 2025 All-Star Game in Atlanta.

Here's what to know about MLB's robot umps.

How does the Automated Ball-Strike System work?

After 15 years of building North American brand, Winnipeg-based XiteBio Technologies Inc. eyes overseas markets

Out of the laboratory and into farmers’ fields.

If you had to describe Manas Banerjee’s career trajectory in fewer than 10 words, you could do a lot worse than that.

Banerjee is the CEO and founder of XiteBio Technologies Inc., an agricultural biotechnology company based in south Winnipeg, but before that, he was a researcher, scientist and professor at a number of institutions.

After earning a PhD in soil microbiology from the University of Aberdeen in Scotland, Banerjee moved to Canada. He was a post-doctoral fellow at the University of Saskatchewan, a research associate at the University of Manitoba and an adjunct professor at Western University (Ontario), publishing numerous papers and book chapters related to soil science.