Financial ServicesIndustry News

Ratehub Acquires MoneySense

Canada’s leading personal finance brands team up to connect more Canadians with advice, tools, and insights for smarter financial decisions TORONTO–Ratehub Inc., which connects Canadians to the best financial products in the market, announced it has acquired MoneySense, one of Canada’s leading personal finance media brands, from Rogers Media. The …

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Canada PostIndustry News

Canada Post segment reports $94-million loss before tax in third quarter

Corporation projects to end the year with a loss OTTAWA–Canada Post recorded a loss before tax of $94 million for the third quarter of 2018, mainly due to the costs of implementing the final pay equity ruling, which will adjust how much delivery employees in suburban and rural Canada (RSMC) …

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Industry NewsLoyalty

Air Canada buys AIMIA to acquire Aeroplan Loyalty Business

Aeroplan loyalty business to be sold to Air Canada for all-cash purchase price of $450 million MONTREAL–Data-driven marketing and loyalty analytics company Aimia Inc. has a definitive share purchase agreement with Air Canada for the purchase by Air Canada of all of the issued and outstanding share capital of Aimia …

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Industry NewsLoyalty

Popular Carrot Rewards App Celebrates Million-User Milestone by Launching Carrot Plus

TORONTO–Carrot Rewards, Canada’s most popular wellness app, marks the arrival of its one-millionth user today by launching Carrot Plus, a version that enables Canadians to earn rewards up to 10x faster when they achieve their daily walking goals. The celebrated platform — named Best App in Canada by MobileSyrup and …

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Industry News

Destination BC’s Maya Lange Named Canada’s Marketer of the Year

TORONTO–Maya Lange, vice-president, global marketing, Destination BC, was named Canada’s 2018 Marketer of the Year by the Canadian Marketing Association (CMA) at the CMA Awards Gala on November 23. “We are delighted to recognize Maya as the 2018 Marketer of the Year,” said John Wiltshire, the CMA’s president and CEO. …

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Industry News

CUPW Says it “Will Keep Up the Fight for Free Collective Bargaining”

OTTAWA–The Canadian Union of Postal Workers (CUPW) and the Canadian Labour Congress (CLC) condemned the Trudeau government’s back-to-work legislation. Once again, CUPW and the CLC are calling for free and fair negotiations between CUPW and Canada Post for its two biggest bargaining units. The federal government is planning to introduce …

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Industry NewsRetail

HelloFresh projects 60% meal-kit market share in Canada in 2019

Significant price drop at Chefs Plate removes cost barrier and improves value for Canadians TORONTO–Following its recent acquisition of Canadian meal-kit service Chefs Plate, HelloFresh Canada has announced that the new dual-brand meal-kit leader expects to own 60% market share in Canada in 2019. The company also confirmed a revenue …

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Industry News

Aimia announces departure of President

Felsher was also Chief Strategy Officer MONTREAL–Data-driven marketing and loyalty analytics company Aimia Inc. announced the departure of Mr. Nathaniel Felsher, President & Chief Strategy Officer after only four months into his role at the company. The Company acknowledged Felsher’s contributions during “this pivotal period” and wished him well in his …

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Industry News

CFIB study: 2/3 of small firms negatively affected by strike at an average cost of $3,000

CFIB calls on federal government to pass back to work legislation. TORONTO–New data from the Canadian Federation of Independent Business (CFIB) reveals that two-thirds of Canadian small businesses have been negatively affected by the Canada Post strike. As a result, CFIB is calling on the federal government to quickly pass …

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Canada PostIndustry News

Cooling-off period is last-ditch effort by CPC to settle dispute; Union rejects binding arbitration

OTTAWA– The Canadian Union of Postal Workers is calling on Canada Post to return to the bargaining table and negotiate a settlement now. “We will not accept binding arbitration to resolve our issues with Canada Post. We have the right to collective bargaining and to settle this through negotiations,” says …

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