The Bulldog

Loblaws earnings, revenue a nice surprise for investors

Loblaws is reporting better-than-expected earnings and revenue today (Wednesday, May 6, 2015) driven largely by its retail operations (food and pharmacy) and raised its dividend by about 2%. Revenue beat the C$9.45 billion analysts polled by Thomson Reuters were expecting. The company also bolstered its quarterly dividend payout to 25 Canadian cents a share from 24.5 Canadian cents. “Although the grocery industry remains highly competitive and health care reform continues to challenge our pharmacy business, we are maintaining stable business performance, gaining incremental efficiencies, delivering synergies on schedule, deleveraging the balance sheet and achieving continued earnings growth,” Executive Chairman Galen G. Weston said in a statement.

Getting kicked by the Kickstarter free-money scheme

Maclean’s asks what the backers of a failed effort on the crowdfunding website Kickstarter will do now that the project and their money have gone nowhere The South Bayview Bulldog likes “Smarten Up” as a quick bit of advice. The entire online concept of sending money  on impulse — especially to start a company about which you know nothing — is evidence of a society with more money than brains. ZPM Espresso claimed its Nocturne coffee maker was the world’s first smart espresso machine for the home because of a programmable control chip, more common in commercial machines, that would allow consumers to create the perfect shot of concentrated java by precisely controlling water pressure and temperature. Uh-huh.

 

Useful summary of what NDP Alberta win may mean

Who is Rachel Notley? Her stunning emergence as a political powerhouse in Alberta has been a while in the making. She born two years after her father Grant helped founded the Alberta NDP. She was four when her father, Grant, became the tiny party’s leader. He died in 1984 in a plane crash but his hard-working daughter will now honour his memory in spades. Rachel. Notley 

Karen Becker to run West Coast Kids on South Bayview

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Karen Becker — not goodbye

Karen Becker, the dynamic owner for so many years of Moms-to-be-and-more, will operate the seventh location in Canada of the children’s chain West Coast Kids. Ms Becker confirmed this news to The South Bayview Bulldog Tuesday (May 5, 2015). West Coast Kids will take space at the corner of Bayview and Manor Rd. E where Moms has operated.

The West Coast Kids website reflects a considerable similarity to the wide range of inventory carried by Moms.  Ms. Becker’s announcement also appears in an online forum although the news hasn’t quite made it to the windows of her store, which has yet to finally close.

“I am thrilled to announce that they will be bringing you a new shopping experience to Toronto!” she says. West coast Kids (which also calls itself WCK) has six other locations in Winnipeg, Edmonton, Calgary and Vancouver.

Longo’s Leaside will host Nutella Crêperie May 18-24

Longo’s Nutella promotion will roll into Leaside at the Laird Drive store during the week of Monday, May 18 to Sunday, May 24. This is an itinerant kitchen and happy gang of crêpe makers who are visiting all the Longo’s stores in Ontario this Spring. Nutella has a valuable and time-honoured trade name. It is good at promoting it too. A couple of weeks ago we had Nutella doughnuts at Tim Horton’s.  The fact is the recipe is quite simple and President’s Choice and others have been able to put hazelnuts and chocolate together too. It may be madness, but some people have been known to make it at home. Anyway, this Crêperie should be worth a visit to the good people at Longo’s

Poll of parents: 72% favor education as an essential service

With high schools on strike in Peel Region, an online poll in the Mississauga News indicates that 72% of parents there believe that teaching in the public school system should be an essential service. It is a question often asked when employees in the public sector (that includes teachers) go on strike. Teachers were given the right to strike about 50 years ago along with other pubic services. Since then the right to strike has been withdrawn, most recently from transit workers. The Mississauga News polls shows 72 percent in favour of teaching being an essential service, 26 percent opposed and 3 percent didn’t know. Meantime, no details are being offered by the Elementary School Teachers on just where and what they will do next week in Ontario. This is their “Special Strike Action”. It seems like a pretense to let them catch schools and parents by surprise  Globe and Mail

 

Meeting said to favour removal of Gardiner east of DVP

gardiner eastA public meeting tonight at St. Lawrence Hall on the future of the Gardiner Expressway has heard considerable opinion that the expressway should be saved, but that the portion east of the Don Valley should be torn down. There is nothing definitive to be decided tonight. The expensive task of fixing the Gardiner would be lessened by removing the eastern part. It would apparently permit desirable development. This option would also maintain the rather busy link not just from downtown but distant points to the west with South Bayview and other parts of the City.

National Post writes editorial searing the OSSTF

The National Post has published an editorial searing the Ontario Secondary School Teachers Federation The newspaper seizes on a common complaint among parents — that  they have no idea what the union is on strike about. The Post also makes it clear that  the negotiations  and the so called strategic strikes called so far are absolutely about money despite claims to the contrary. It recounts the sad recent history of Dalton McGuinty’s effort to regain control of education in the province and the current Liberal government’s sell-out to the OSSTF before the election last year. Like all huge unions the OSSTF is interested in the size of its membership. With members comes power. The Post writes:”Is there a single parent or student in all of Ontario who would value seniority over quality in a teacher? What sort of professional would even want to be judged on that basis? Schools are not assembly lines, churning out widgets; they are educating children. It’s hard work. Passion, ingenuity and creativity are key.”  Problems of nepotism and unfair hiring is no reason to choose teachers in such a foolishly simplistic way.