'Too big to fail': COVID-19 and Canadian real estate

Could the "wealth-conjuring machine" that is Canadian real estate grind to a halt after the COVID-19 crisis exposed its worst weaknesses? That's the concern many who watch a sector that makes up a bigger part of the Canadian economy than oil and gas. Today on Front Burner, Bloomberg News' Vancouver bureau chief Natalie Obiko Pearson returns to explain how real estate became such a significant part of the Canadian economy, how Canadians went deeply into debt, and why now, the housing market in Canada could be "too big to fail." Continue reading at 'CBC'

[ CBC | 2020-05-05 04:00:00 UTC ]

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Pearson Airport to limit flights during peak hours ahead of March Break, summer travel season

Toronto's Pearson Airport will be placing a "hard limit" on the number of flights arriving or departing during peak times ahead of March Break and the upcoming summer travel season. Continue reading at CBC

[ CBC | 2023-02-28 16:22:46 UTC ]
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Catholic sex-ed textbooks discontinued following accusations of 'homophobic,' 'transphobic' content

The Fully Alive textbook series has been used by Catholic school boards across the province for years. Now, Pearson Canada says it has stopped printing physical copies of the book and will stop supporting digital versions by March. Continue reading at CBC

[ CBC | 2023-01-11 10:00:00 UTC ]
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In Service of the Avant Garde: On the Unlikely Success of Siglio Press

Featured image from Sophie Calle’s The Hotel. The Siglio origin story famously begins with founder Lisa Pearson in Prague in the days before with Velvet Revolution being slipped a samizdat copy of exiled novelist Milan Kundera’s incendiary novel, The Unbearable Lightness of Being. Which is to... Continue reading at Literrary Hub

[ Literrary Hub | 2022-10-25 08:59:59 UTC ]
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Toronto's Pearson airport now 2nd worst in world for delays. Ottawa says travel woes on the mend

On Friday, the transport minister told a parliamentary committee that Canada's travel chaos is dissipating. But critics and travellers say the situation remains turbulent. Continue reading at CBC

[ CBC | 2022-08-20 08:00:00 UTC ]
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Winnipeg-bound passengers given mats, left to sleep on floor at Toronto Pearson airport

After several flight delays, passengers flying out of Toronto's Pearson airport were made to sleep on the floor when their flights to Winnipeg were finally cancelled around midnight on Sunday morning. Continue reading at CBC

[ CBC | 2022-08-08 12:16:55 UTC ]
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The Morning After: Winamp, your old MP3 software of choice, is back

Winamp is the music software that just won't die. In the first update in four years, the producers described it as the "culmination" of years of hard work, including two teams and a pandemic-dictated hiatus. The result is a lot of under-the-hood upgrades and improvements, but it’s still the... Continue reading at Engadget

[ Engadget | 2022-08-04 11:15:22 UTC ]
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College textbook maker Pearson eyes NFTs to claim a cut of second-hand sales

NFT advocates often tout the technology's ability to grant the creator a cut of second-hand sales as one of its major attributes. Artists can earn from one of their digital creations years after first selling it. Others are looking at NFTs to earn a buck from the secondary market too, including... Continue reading at Engadget

[ Engadget | 2022-08-03 20:10:20 UTC ]
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Pearson plans to sell its textbooks as NFTs

Educational publisher’s move into non-fungible tokens is intended to claw back some of the income lost to secondhand salesTextbook publisher Pearson plans to profit from secondhand sales by turning its titles into non-fungible tokens (NFTs), its chief executive has said.Educational books are... Continue reading at The Guardian

[ The Guardian | 2022-08-02 15:37:17 UTC ]
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Toronto's Pearson airport has a PR problem: It's known as the worst airport in the world

Following mass complaints about line-ups, flight disruptions and missing baggage at Pearson International Airport, some tourism groups fear travellers may choose to bypass Toronto. Continue reading at CBC

[ CBC | 2022-07-29 08:00:00 UTC ]
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Relationships are complicated. I learned it's OK to keep secrets for a time

Michelle Pearson and her husband kept a significant development from their guests to ensure their wedding day remained carefree and special. But eventually, they brought others into their secret. Continue reading at CBC

[ CBC | 2022-07-26 08:00:00 UTC ]
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Meal kit company sued by customers who claim 'contaminated' lentils led to gallbladders removals

Vegan meal kit startup Daily Harvest has been hit with two lawsuits by customers alleging they needed gallbladder removals after eating one of the company's products, reportedCNN. Last month the company issued a voluntary recall of its “French Lentil + Leek Crumbles” dish following multiple... Continue reading at Engadget

[ Engadget | 2022-07-01 23:30:53 UTC ]
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Toronto airport boss tries to rally staff amid continued disruptions

The head of Canada's busiest airport sought to rally staff on Thursday, amid its continued disruptions and delays, but warned they might encounter more angry customers if the problems continue at Pearson International Airport. Continue reading at CBC

[ CBC | 2022-06-09 23:40:46 UTC ]
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'Chaos' at Toronto's Pearson airport could continue until end of August, ex-Air Canada exec says

Extremely long wait times being experienced by arriving and departing passengers at Toronto Pearson Airport are likely to continue until Labour Day, a former Air Canada executive said Wednesday. Continue reading at CBC

[ CBC | 2022-06-08 17:55:58 UTC ]
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Russian plane grounded at Pearson airport racks up massive parking bill

A Russian cargo plane stranded at Toronto Pearson International Airport is racking up parking fees of more than $1,000 per day. Continue reading at CBC

[ CBC | 2022-06-02 18:22:24 UTC ]
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Farewell, This Is Us: the sensational schmaltzfest we all needed

The Pearson family saga has been comfort TV at its cosiest, full of twists, cheesy lines and fabulous characters – and it even bowed out with its own ‘Sopranos fade-to-black’ momentWarning: this article contains spoilers.It’s over. After 106 episodes of emotional evisceration, This Is Us (Amazon... Continue reading at The Guardian

[ The Guardian | 2022-05-26 12:40:10 UTC ]
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Ukrainians stranded at Pearson Airport forced to rely on the kindness of strangers on social media

A lack of information from the federal government has forced some Ukrainians fleeing the war to turn to social media for help when they land at Toronto's Pearson Airport. Continue reading at CBC

[ CBC | 2022-05-12 09:00:00 UTC ]
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Shares in educational publisher Pearson slump as Apollo pulls out

The company, which was on a steady recovery path, was biggest faller on FTSE 100 on WednesdayShares in Pearson slumped by as much as 12% after Apollo said it would not make another bid for the educational publisher after having a third offer valuing the company at £7.2bn, including debt,... Continue reading at The Guardian

[ The Guardian | 2022-03-30 12:09:13 UTC ]
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DocuSign, Zumiez fall; Pfizer, Pearson rise

Stocks that traded heavily or had substantial price changes Friday: DocuSign, Zumiez fall; Pfizer, Pearson rise Continue reading at ABC News

[ ABC News | 2022-03-11 21:18:01 UTC ]
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Shares in education publisher Pearson jump 20% on hopes of private equity bid

Market value increases by nearly £1bn as Apollo considers improved cash offer after £6.4bn deal rejectedPearson’s market value jumped by as much as a fifth after a US private equity group said it was considering making an improved cash offer after the educational publisher’s rejection of a... Continue reading at The Guardian

[ The Guardian | 2022-03-11 13:22:21 UTC ]
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