Ghada Alsharif
TorontoStar
Canada
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Past articles by Ghada:
Loblaw reporting $418M Q1 profit, raises quarterly dividend 10%
The parent company of Loblaws and Shoppers Drug Mart said a slight decline in food retail margins was offset by “higher sales growth in more profitable front-store sales in drug stores.” → Read More
Tim Hortons sales jump on heartier offerings and increased back-to-office traffic
Chipotle Steak bowls and wraps are attracting a younger audience to Tims, the chain says. Parent company Restaurant Brands International says visits are up 10% year over year, across the board. → Read More
Striking government workers get 12.6% wage hike — and experts say domino effect could lead to more strikes
‘In future union negotiations, expect to see larger wage settlements than we’re used to seeing,’ one expert says, as PSAC workers hammer out tentative deal for 3% a year wage increases. → Read More
Health-care workers Annie and Ben, 33, can afford a bigger house. But is now the time as they look to grow their family?
The couple has a combined annual income of $260,000, a modest mortgage, and is wondering how best to invest their savings. → Read More
Heading back to the office costs more than you think — here’s how to save thousands as your return to your workplace
If you work remotely you’re saving upwards of $5,000 a year on commuting alone. We asked experts how to stick to a budget and keep your costs under control as you head back to in-person work. → Read More
‘Supply chain bullying’: Inside the food fight between Canada’s grocery giants and their suppliers
Food producers say Loblaws, Sobeys, Metro and Walmart charge fees and penalties so high, some suppliers are going bust. Grocers say fees and chargebacks are standard and the cost of doing business. → Read More
Mary earns $166,000 a year in the tech industry and wants to buy a home for herself and her parents. What’s the plan?
Mary earns a competitive tech industry salary. The 29-year-old makes $166,200 as a base annual income and can make an additional $160,000 or more in bonuses. As a newcomer to Canada and a high-income earner, Mary is growing accustomed to having her income subject to high tax rates which she feels “are debilitating.” Mary saves most of her income, with the majority of her spending going toward… → Read More
Sherry, 35, earns $70,000 working contract to contract. How best to save due to the precarious nature of her work?
A civil servant who has been working remotely since the start of the pandemic, Sherry’s main financial goal now is to learn how to invest. → Read More
What happens if I don’t pay my taxes on time?
May 1 is the deadline for residents of Ontario to file their 2022 income tax return. Fail to do so and you may face penalties. → Read More
Loblaw reports $529 million Q4 profit, revenue up nearly 10 per cent, as food prices creep up
The retailer on Thursday reported that it’s overall revenue increased to $14 billion in the weeks ended Dec. 31 2022, up from $12.8 billion in the fourth quarter of 2021. → Read More
Frankie earns $53,000 but has a mountain of credit card debt. Can he ever climb out of this hole?
The 24-year-old Toronto writer says tracking his spending was a ‘wake-up call,’ but feels ‘it’s never too late’ to get his financial house back in order → Read More
CEOs of Loblaws, Sobeys agree to appear before parliamentary committee investigating food prices, if asked
House of Commons agriculture committee summons executives to investigation into accusations of profiteering by the grocery store industry, as Canadians struggle with the worst inflation in decades. → Read More
Bed Bath & Beyond announces it will leave Canada, shutter all stores, axing some 1,400 jobs
Company missed “warning signals,” analyst says, neglected to change retail strategy as consumer trends shifted during the pandemic. → Read More
Looking to buy a car? Some prices heading down and selection to improve in coming months, experts say
Auto insiders say the shortage of new vehicles due to production halt and microchip shortfall during the pandemic will likely ease this year and next as supply chain issues improve → Read More
Consumer and business bankruptcies soar following an end to government aid
Business insolvencies in 2022 surged by 37.2 per cent — the largest year-over-year percentage increase in more than three decades. → Read More
Loblaws fights back on Twitter as social media storm erupts over soaring Canadian food prices
Public relations experts wonder if company’s sometimes ‘defensive tone’ responding to angry consumers is a good idea → Read More
John only pays $750 a month rent in Toronto. Can he afford a place of his own?
John needs to pay off credit card debt and cut expenses to be able to afford a much higher rent than he is paying now, says financial planning expert Jason Heath → Read More
Seven bucks for a latte? Coffee prices soar to ‘silly’ levels in the GTA – but consumers keep paying
Supply chain challenges, inflation and even climate change have driven a massive rise in the cost of your morning buzz. → Read More
Frito-Lay has suddenly hiked snack prices — and grocers are calling foul
Last year, the maker of popular brands like Cheetos, Doritos, Lays, Ruffles and Sunchips, stopped shipping its brands to Canada’s largest grocery retailer Loblaw after a dispute erupted over price increases. → Read More
No Name price freeze ends at Loblaw — and experts warn major food price hikes are coming across the board
As pricing blackout ends, Metro CEO says a backlog of thousands of cost-increase requests from suppliers will hit soon, while Loblaw says it will aim to keep pricing flat ‘wherever possible’ for No Name products. → Read More