Canada Goose says diversification efforts working but Q3 profit fell from year ago

TORONTO - Canada Goose Holdings Inc. says its efforts to convince customers to turn to the company for more than a down-filled parka as winter hits are paying off — but investors may not be convinced.

While customer demand for the retailer's star product — down-filled outwear — remained strong in its most recent quarter, Canada Goose said Thursday that its non-down-filled outwear grew even faster and was accompanied by gains in lightweight and year-round apparel.

"That shift is intentional," said Carrie Baker, Canada Goose's president of brand and commercial, on a call with analysts.

"We want to be able to bring newness to the floor. We want to be able to drive repeat visitors, bring people back to see something new."

Ottawa to relaunch EV rebates program in 2 weeks with new auto strategy

OTTAWA - The federal government announced a suite of new electric vehicle policies Thursday, including the reintroduction of the popular rebate program and the elimination of the EV sales mandate in favour of stricter emissions standards for the auto sector.

The move is the latest rollback of climate policies enacted by former prime minister Justin Trudeau. The government of Prime Minister Mark Carney cancelled the consumer carbon price and halted the implementation of an emissions cap on the oil and gas sector.

Speaking at an auto parts manufacturer in Woodbridge, Ont., Carney said Thursday Ottawa pitched the new plan as a transformation of Canada's auto sector, which has been battered for months by U.S. tariffs.

"We have everything we need to take the lead in the vehicles of tomorrow, and we're positioning Canadian workers and businesses to seize that opportunity," he said.

New book from renowned Canadian financial author aims to help you ‘Save Yourself’

If your goal for 2026 is getting into better financial shape, one of Canada’s most renowned personal finance experts is throwing you a self-rescue line.

Kelley Keehn has recently published her 12th personal finance book in the last 20 years, Save Yourself: a New Approach to Thinking About Money and Taking Control of Your Financial Future. She spoke with the Free Press about taking a different tact to helping Canadians to make positive financial change.

Her new book comes at the right time, released in January when many make resolutions about being better with money.

As with past efforts, Keehn has sought to provide advice on the behavioural aspects of finance. But with Save Yourself, she upped the ante with neuroscience to help readers understand how human brains handle the subject of money. “My first book was over 20 years ago on the psychology of money, but it was anecdotal because there was little research on the psychology of money.”

LRSD says 12 per cent increase needed to avoid layoffs if provincial funding frozen

St. Vital homeowners are being warned about a “worst case scenario” property education tax hike of nearly 12 per cent.

The Louis Riel School Division laid out a range of 2026-27 budget scenarios for residents during a 90-minute meeting on Wednesday.

The event was held two weeks after the division issued a bleak warning about its finances and called on community members to lobby the province to top up its funding.

“Worst case scenario is an 11.53 per cent mill rate increase for the ratepayer,” said Jamie Rudnicki, secretary-treasurer and chief financial officer of the division in southeast Winnipeg.

New year, deeper pockets needed

Changes to daily living expenses in the new year are bringing new challenges to Winnipeggers and Manitobans already burdened by the cost of living.

Getting around in the city by public transit got more expensive Thursday, and the cost of vehicle insurance will rise on April 1.

Winnipeg Transit’s standard adult cash fare increased by a dime to $3.45. Youth and seniors will now be charged $2.95, also up 10 cents compared to 2025 rates. Discounts remain in place for peggo card users, though electronic fares also rose to $3.10 for adults, $2.30 for youths and $1.55 for seniors.

Monthly passes also got more expensive: $119.35 for adults, $88.55 for youth and $59.70 for seniors. Short-term passes are also more expensive: a 24-hour adult peggo e-pass climbed to $11.45, and youth and senior versions rose to $8.50 and $5.75, respectively. A seven-day adult e-pass now sells for $31.

Higher school taxes a preventable problem

Tens of thousands of Manitoba home and business owners face the prospect of permanent double-digit increases to the school tax portion of their property tax bills.

Why AI is poised to become Santa’s little helper this holiday

Dan Box tells ChatGPT about his kids all year long.

By the time the holidays roll around, his hope is that OpenAI's artificial intelligence-based chatbot will have gleaned enough about their hobbies and interests to identify the perfect gifts and where they're priced lowest.

"For years, I always felt stressed out by things like Christmas because I really wanted it to be great and I really wanted to buy great gifts, but it's always just so much work and time," said Box, a Vancouver-based gaming executive. "This feels easier and I like it."

The way Box is shopping is no anomaly. Consumers are increasingly turning to AI to recommend products, notify them of sales, help them make purchases and arrange deliveries.

Grandparents can make lasting impact for disabled grandchildren by contributing to RDSP

Imagine a gift this holiday season that could one day be worth hundreds of thousands of dollars. And it would all start with the impetus to contribute to a little-known registered savings plan.

Canadians seeking ways to save on groceries as food costs remain top concern: survey

A survey of Canadians' perceptions around food affordability and purchasing behaviours suggests that consumers have changed how they shop, cook and eat in response to rising prices.

The latest edition of the Canadian Food Sentiment Index, released by Dalhousie University's Agri-Food Analytics Lab in partnership with online data platform Caddle, said food remains the dominant household financial concern for Canadians.

More than four-in-five survey respondents indicated it's their top expense pressure. While that was down from 84.1 per cent of respondents a year ago, it still far outpaces other day-to-day expense concerns, such as utilities, household items and supplies, housing, transportation and entertainment.

Half of the nearly 3,000 respondents to the survey conducted last month said food costs increased "significantly" over the past year, while just over one-third indicated their food expenses were up "slightly" and close to 12 per cent said they stayed the same.

Twelve takeaways from the City of Winnipeg budget

Winnipeg’s preliminary 2026 budget includes plenty of road construction projects, expanded late-night bus service, extra firefighters and paramedics, and new safety measures for the downtown Millennium Library. Here are 12 highlights.

Many Canadians preparing to cut back on holiday spending: survey

The rising cost of living is expected to put a chill on holiday spending this year.

A new survey by insolvency firm Harris & Partners released Tuesday shows most respondents are preparing for a more modest Christmas.

Almost 72 per cent of the 1,820 Canadians surveyed by the company in November said they will cut back on Christmas spending this year and 85 per cent expect to set a strict budget for the holiday.

"For a large number of people, there is simply less financial flexibility available," CEO Josh Harris said in a news release. "Christmas remains an important time for connection and celebration, but this year it will look different for many households."

Investment regulator funds program to help Indigenous youth manage settlement money

Sudden wealth isn’t a topic that would typically be part of a basic financial literacy course. It seems like even more of an odd fit for a new program for low-income Manitobans.

“We’ve been picking up on what people we worked with in the community have been asking about,” says Lisa Forbes, manager of social enterprise and fund development at SEED Winnipeg Inc.

Called “Sudden Wealth and Investing Basics,” the pilot is a response to what SEED has been hearing from Indigenous youth who may soon be recipients of legal settlements, she says.

These notably include a $530-million settlement to compensate children in care from 2005 to 2019 in Manitoba who had grant money unfairly clawed back and a $23-billion federal settlement over discriminatory child welfare practices and chronic underfunding.

Billie Eilish to billionaires: ‘No hate, but give your money away, shorties’

Billie Eilish wants billionaires to donate more.

As the Grammy and Oscar winner accepted the music award at this year’s WSJ. Magazine Innovator Awards on Wednesday night, she urged the ultra-wealthy to address more of the world’s issues.

“We’re in a time right now where the world is really, really bad and really dark and people need empathy and help more than, kind of, ever, especially in our country,” Eilish said to an audience that included Meta CEO Mark Zuckerberg and his wife Priscilla Chan, as well as “Star Wars” creator George Lucas. “I’d say if you have money, it would be great to use it for good things, maybe give it to some people that need it.”

Late night host Stephen Colbert introduced Eilish on stage at New York’s Museum of Modern Art by announcing that she would donate $11.5 million of the proceeds from her Hit Me Hard and Soft tour to causes dedicated to food equity, climate justice and reducing carbon pollution.

Black-led non-profit developer gets federal funds for affordable housing units in north part of city

A Black-led real estate developer has become the first in Canada to secure federal funding, paving the way for 30 affordable housing units within a new 72-unit development in north Winnipeg.

Non-profit Inuka Community Inc. received $23.3 million through the Affordable Housing Fund, administered by the Canada Mortgage and Housing Corp. The CMHC set aside $50 million specifically for Black-led organizations to help create more than 500 units.

The new rental complex at 1510 Main St., will include 30 one-bedroom, 30 two-bedroom and 12 three-bedroom units. Thirty of those units, in a mix of sizes, will be designated affordable and aimed at newcomers to the city, with available supports such as debt management, credit building and driver training.

“Lots of sleepless nights to get here,” said Naomi Gichungu, Inuka’s chief executive officer.

Domestic enrolment helped U of W’s fiscal health: president

The University of Winnipeg’s financial situation has stabilized following 10 months of cutbacks on the downtown campus.

“We’re confident we’ll have a balanced budget this year, and we’re very happy about that,” said Todd Mondor, the U of W’s president and vice-chancellor.

Mondor attributed the “stable” position to a rise in domestic enrolment and “better than expected” 2025-26 registration among international students.

An influx of cash has also provided some relief, he said. The province recently topped up the school’s annual funding by $2.5 million and it was gifted $5 million from the Mastercard Foundation.

St. Boniface residents drained after demolition of Happyland pool

As demolition continues at one outdoor pool in St. Boniface, a city councillor hopes to take a second look at extending the life of another one.

Province to reimburse Brandon school division for evacuee costs

BRANDON — The Brandon School Division will receive financial support from the province to cover the cost of hosting wildfire evacuees in its schools, Education Minister Tracy Schmidt said Thursday.

“We encourage divisions to track… expenses and to be in touch with our department — many of them already have — and we will work with them to make sure that those expenses are covered,” Schmidt said.

In Brandon, 64 students from evacuated communities were enrolled in local schools on Thursday.

As a result, the division is paying for 8.5 additional substitute teachers, a bus driver and gas for a new route, and is buying extra equipment to take on the students, totalling a “rough estimate” of $100,000, the division said.

Better protection needed for urban trees

While you might have stopped and thought about the poetry of the trees that are a constant in the city of Winnipeg — big and small, sometimes healthy and other times failing, you probably haven’t thought about the value of a tree.

Early childhood educators give high marks to job satisfaction: poll

Despite eight in 10 early childhood educators reporting high levels of job satisfaction, many employers in the sector continue to struggle with staffing shortages.

The Manitoba Child Care Association has released the results of an online survey of its members that took place between Feb. 4 and 18.

Probe Research Inc. led the project — a decade after the Winnipeg-based polling firm conducted an initial workforce survey for the association.

This time around, 830 people, including front-line early childhood educators, centre directors and family child-care providers, submitted responses.

‘As we grow, our roots only grow deeper’: Red River Mutual insurance company celebrates 150 years

If Red River Mutual was an ice cream flavour, it would be rhubarb.

Scratch that. Red River Mutual has an ice cream flavour — and it is rhubarb.

Earlier this year, the mutual insurance company — which is headquartered in Altona and has a regional office in Winnipeg — partnered with Chaeban Ice Cream to create a special, limited edition flavour. Red River Mutual Rhubarb includes fresh pieces of the titular vegetable along with crisp clusters made using rolled oats, flour, brown sugar, butter and almonds.

The collaboration is part of Red River Mutual’s ongoing 150th anniversary celebrations, and the rhubarb is a nod to the company’s roots in southern Manitoba’s Pembina Valley.

Why Winnipeg needs low-fare transit

Picture a single mother choosing between groceries and bus fare, or a youth not being able to access recreational activities because transit is too expensive. In a city where costs continue to rise, access to public transit shouldn’t be a luxury, but a daily necessity for survival.