If you followed in Jay Z’s footsteps and locked up some expensive bottles of wine as a retirement investment, you might be looking for a refund right about now. 

Driving the news: Fine wines, pitched to investors as a safe store of value, have turned out to be not-so-safe after all, with values falling amid a rebound in the stock market.

Riding the comeback wave this year are cargo pants, vinyl records and… cruises? 

Who’s leading the return-to-office resistance? It’s not ‘entitled’ millennials, but their bosses. 

Driving the news: Employees earning over US$150,000 represent the largest share of the workforce that prefers to work from home, per McKinsey. After all, it’s tough to give up taking calls from the lakehouse, sneaking a midday workout, or running errands between meetings. 

Nike is calling it quits on a 20-year relationship with Hockey Canada.

What happened: Nike has permanently ended its sponsorship of Hockey Canada. The organization is still trying to save its reputation (and bank balance) following blowback from corporations and fans over its mishandling of a sexual assault scandal last year. 

Companies may be cutting back on employee perks, but top executives have been a notable exception. 

Driving the news: Corporate spending on private jets was up for a second straight year in 2022, hitting US$41.3 million across S&P500 companies, the highest level in at least 10 years. 

Somewhere Dolly Parton must be celebrating because the 9-to-5 could be history, new data suggests.

Driving the news: Research published by Microsoft shows that a growing number of employees are clocking out a bit early before logging back on to get some work done before bed, shaking up the traditional 9-to-5 workday.

The world’s biggest rodeo event isn’t all barrel racing and politicians flipping pancakes but a once-a-year opportunity for Calgary to lure potential residents and investors to the city.

Catch-up: The first Calgary Stampede went ahead in 1912 after the city’s “Big Four” businessmen and ranchers agreed to bankroll the event for $100,000 (worth almost $3 million today). Since then, the rodeo has become a 10-day moneymaker for the city. 

Looking to buy a car? With an average price tag of $46,000, we’d recommend walking. 

What’s happening: The cost of hitting the open road is skyrocketing. Per The Globe and Mail, you can thank pent-up demand—following those pesky Covid-era factory shutdowns and parts shortages that left dealerships sitting empty—mixed in with rising loan costs.

Looking to buy a car? With an average price tag of $46,000, we’d recommend walking. 

What’s happening: The cost of hitting the open road is skyrocketing. Per The Globe and Mail, you can thank pent-up demand—following those pesky Covid-era factory shutdowns and parts shortages that left dealerships sitting empty—mixed in with rising loan costs.

On this season of The Canadian Bank Bachelorette, 177-year-old Laurentian is looking to give its final rose to the perfect deep-pocketed suitor.

What happened: Laurentian Bank, Canada’s ninth-largest lender, is looking for a potential buyer. With branches all across Québec (plus one in Ontario) and $51 billion in assets, it could be an attractive target for banks looking to expand in the province.