(Dave Bedard photo)

Deal for Subway chain worth up to US$9.55 billion

Arby's, Jimmy John's parent wins with 'earn-out' deal

New York | Reuters — Private equity firm Roark Capital agreed on Thursday to buy Subway, in a deal that people familiar with the matter said values the U.S. sandwich chain at up to US$9.55 billion, including debt, subject to targets in its financial performance. The deal marks the conclusion of a drawn-out auction that […] Read more

A climate change activist plays a violin in New York City’s Times Square as Manhattan is shrouded in haze and smoke which drifted south from wildfires in Canada, on June 7, 2023. (Photo: Reuters/Maye-E Wong)

Climate change made Quebec wildfires twice as likely, scientists say

Early snow disappearance led to earlier fires

London | Reuters — The fires that tore through the province of Quebec between May and July were made at least twice as likely by climate change, scientists said on Tuesday. Climate change, driven by the burning of fossil fuels, also made the fires as much as 50 per cent more intense, according to the […] Read more


(Dave Bedard photo)

Subway reportedly nears sale to Arby’s owner

Chain's parent firm considering sale since February

Reuters — Roark Capital, which owns restaurant chains Arby’s and Buffalo Wild Wings, is nearing a deal to buy sandwich chain Subway for about US$9.6 billion, the Wall Street Journal reported Monday. A deal could be finalized this week, the report said, citing people familiar with the matter. “Subway does not intend to make any […] Read more

Floodwaters flow into Gower Gulch near Zabriskie Point, about 190 km west of Las Vegas, in California’s Death Valley National Park on Aug. 20, 2023. The U.S. National Park Service closed the park effective that afternoon due to moderate to heavy rainfall and flash flooding from Tropical Storm Hilary. (Death Valley National Park/National Park Service video screengrab via Facebook)

Prairie Forecast Update: Southern areas may get Hilary’s leftovers

Issued Aug. 20, covering Aug. 20-23

An interesting weather pattern is currently in place across western North America with Tropical Storm Hilary taking an unusual northerly track as it comes in off the Pacific Ocean south of California. Tropical storms or hurricanes in that region normally do one of two things: they either recurve back out into the Pacific, or move […] Read more


The McDougall Creek wildfire burns outside West Kelowna, B.C. on Aug. 18, 2023. (Photo: Reuters/Chris Helgren)

B.C. wildfires intensify, evacuation orders double

Rain helping slow fires near Yellowknife

Kelowna | Reuters — Forest fires in British Columbia intensified on Saturday, with the number of people under evacuation orders doubling from a day earlier, as authorities warned of difficult days ahead. The province declared a state of emergency on Friday to access temporary authoritative powers to tackle fire-related risks, as out-of-control fires ripped through […] Read more

File photo of an Ontario cherry orchard. (UpdogDesigns/iStock/Getty Images)

Pilot plan to cut red tape for reliable TFW employers

Farm employers can apply starting next month

Canada’s temporary foreign worker (TFW) program is set to give farms a head start in an express lane expected to cut the annual paperwork for that program’s most “trusted employers.” Federal Employment and Workforce Development Minister Randy Boissonault last week launched a three-year pilot meant to “help to address labour shortages and reduce the administrative […] Read more





Agriculture and Agri-Food Canada’s Drought Monitor map at July 31, 2023. (AAFC)

Prairie Forecast: Cooler and unsettled

Issued Aug. 9, covering Aug. 9 to 16

First off, I must apologize for not producing an update to the last forecast; I had the opportunity to do some backwoods camping, which meant I was off the grid for about five days. I’m back now, and from the weather model runs I’ve been able to check out, this forecast period is going to […] Read more

Comment: Resilience

Comment: Resilience

On July 5, a young man named Lane from Alberta called into The Ramsey Show, a personal finance podcast and radio show founded by a southern Baptist named Dave Ramsey, who issues fiery sermons against personal debt. Asked by the show’s hosts how he was doing, Lane said: “Pretty good, pretty good, can’t complain.” Lane […] Read more