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Salmon farming business is in its flop era

Canada’s salmon farming industry is gasping like a fish out of water right now, and consumers looking for some homegrown salmon could soon pay the price.

Driving the news: Last year, production of farm-raised salmon in Canada hit its lowest level since 2000, per new numbers from the Canadian Aquaculture Industry Alliance. A total of 90,000 metric tonnes of salmon were farmed, a colossal 39% dip from the record-high crop seen in 2016. 

Pop brands join the drink industry’s health kick

The way things are trending, a nice fizzy drink could soon replace your morning vitamins.

Driving the news: Legacy pop brands like Coca-Cola, Pepsi, and Sprite are dropping new low-cal, bold-flavoured drinks in an effort to keep up with newer brands that are catering their fizzy beverages to younger and health-conscious consumers. 

Indigenous investing is on the rise

Just like a space probe hurtling through deep space, Indigenous investing is only going up.

What happened: The First Nations Bank of Canada — the largest Indigenous-owned bank in the country — announced a plan to raise as much as $50 million to reach more customers, expand its capital by as much as 50%, and double its loan book to $600 million.  

The fight over TikTok is just the beginning

Scientists enlist millions of gamers as research assistants

The human gut has a big impact on someone’s health, but exactly what that looks like is dictated by interactions between trillions of microbes that change drastically based on diet and lifestyle. All of those different variables can make researching it really complicated.

Not everyone is mad about the capital gains tax

No one gets stoked about taxes, but that doesn't mean it’s all doom and gloom in the tech sector right now.

Teacher shortage prompts perfect grades

Some parents might be less than thrilled when they find out their kid's perfect grade on a biology midterm was more of a participation trophy. 

Driving the news: A group of grade 12 students at Ontario’s St. Maximilian Kolbe Catholic High School walked out of their biology and business midterms with perfect grades as the school board grapples with a teacher shortage that has left classes without full-time educators.

Uber pulls up to Newfoundland

Break out the bottle of Screech and reel in a kissable cod because Newfoundland has a new resident: Uber.

What happened: Uber is now servicing St. John’s, Newfoundland's largest city, and the accompanying Avalon Peninsula area. It is the first ride-sharing company to operate on the Rock since the province updated its Highway Traffic Act late last year to support such services. 

Can the competition watchdog get its groove back?

Canada’s competition watchdog is looking to regain its mojo after face-planting in its attempt to block a merger between Rogers and Shaw last year.

What happened: The Competition Bureau issued a report warning that Bunge’s impending US$8.2 billion acquisition of fellow agriculture company Viterra will seriously reduce competition in Canada’s agricultural sector, particularly in the grain and canola oil markets.

Canada hosts global plastic treaty negotiations

A group of delegates will spend the week in the nation's capital comparing notes on why plastic is, in fact, not so fantastic. 

Driving the news: Ottawa will play host to delegates from 174 countries this week for the fourth round of United Nations plastic treaty negotiations. The committee will look to make progress on a plastic-reduction agreement ahead of final talks in South Korea in November. 
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