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. 

Like an uncertain bride and groom, Canada’s two biggest newspaper publishers got cold feet and have off called their wedding.

What happened: Postmedia and Nordstar (owner of The Toronto Star) officially ended talks to become one after failing to come to an agreement on the terms of a proposed merger.

Tesla’s grip on EV charging is tightening, with Mercedes-Benz reaching a deal to access Tesla’s Supercharger network and adapt its vehicles to its charging standard.

A Saskatchewan court ruled that a thumbs-up emoji (👍) can actually validate a contract.  

What happened: The case involved a grain buyer looking to purchase flax and a farmer who responded to his request. The buyer texted the farmer a prospective contract, asking him to confirm it. The farmer replied with a thumbs-up emoji, but never shipped the grains.

While losing a case in the Supreme Court might sound like a big deal for most people, it’s just another day in the life of the world’s biggest footwear brands. 

What happened: The US Supreme Court has refused to hear a complaint by Nike in a  decade-long sneaker design dispute with its archrival Adidas, per Reuters.  

Even though it’s making headlines, lab-grown chicken is the least of the plant-based meat industry’s concerns right now. 

Driving the news: Plant-based meat is the latest victim of high-interest rates and inflation, with a rash of startups lining up for the slaughterhouse as investments dry up, production costs surge, and shoppers looking to cut grocery bills opt for the real, cheaper thing.