Canadian coffee chain forced to raise prices due to rising costs of commodities. (Photo courtesy of :stringparts/Flickr)
Tim Hortons announced they will be raising the prices on some of their menu items starting on April 11th 2011. The Canadian coffee chain didn’t specify which items will be affected by the price hike, but Tim Hortons did say the price of a large cup of coffee is expected to rise seven cents.
“I don’t think there is any question that everyone in our industry is feeling the crunch from commodity prices. At the end of January, coffee had seen a price increase of over 70 per cent in seven months.” Don Schroeder, president and chief executive of Tim Hortons told the National Post.
The price increase reflects the rising costs of commodities like sugar, cooking oil, coffee beans and wheat. The price of wheat, alone, has gone up 70 per cent over the past year. “While we know they will be cautious and prudent when looking at price increases that affect their guests, we expect that certain regions and markets in Canada will need to take price increases,” said Don Schroeder.
The news comes after Tim Hortons raised price in their US stores by three per cent. Last fall competitors such as Dunkin Donuts and Starbucks all increased their prices.
Related: CBC News Article
The Ontario Ministry of Finance released its annual salary disclosure online earlier this month. The includes the names and annual salaries of people employed in public institutions like municipalities, hospitals, school boards and universities who make more than 100-thousand dollars per year.
Ontario Power Generation CEO Tom Mitchell and University of Waterloo president David Johnston topped this year’s list, both making well over a million dollars. This year 71,478 public sector workers are making $100,000 a year or more, which is an 11 per cent increase from last year.
This year’s list, more commonly known as the “sunshine list”, comprise of employees from the healthcare and education sectors.
Many Ryerson professors and administrators were included in this year’s list. (Photo courtesy of: Jeyan Jeganathan)
Many of Ryerson’s administrative staff and instructors made this year’s list. Notable names from Ryerson’s School of Journalism include associate professor Ivor Shapiro and assistant professor Kamala Al-Solaylee
According to the Public Sector Salary Disclosure Act of 1996, the act requires organizations that receive public funding from the Province of Ontario to disclose annually the names, positions, salaries and total taxable benefits of employees paid $100,000 or more.
This video was put together for my classes’ newscast. Here’s what some Ryerson students had to say about the disclosure.
Related: Toronto Sun
A garbage truck hit and killed an elderly pedestrian, yesterday morning. (Photo courtesy of: diaper/Flickr)
A 79-year-old Vancouver woman succumbed to her injuries after being struck by a garbage truck, early yesterday morning while crossing Grandview Highway.
The woman was crossing northbound shortly after 7 a.m., when she was hit by the westbound travelling truck. The woman was rushed to hospital where she later died of her injuries. The causality was Vancouver’s fourth traffic-related fatality of this year, all of whom have been pedestrians.
Speed and alcohol are not considered to be factors in the incident. The victim’s name is not being released. The investigation is ongoing and Vancouver police are urging any witness to contact the Vancouver Police Collision Investigation Unit at 604-717-3012.
Related: CBC Article
Sold out crowd enjoys first ever NBA regular season game at the O2 arena (Tom Jenkins/The Guardian)
The Toronto Raptors (17-46) have landed back in city of Toronto after dropping two games to the New Jersey Nets (19-43) in London England. The Raptors and New Jersey Nets were scheduled to play in two regular season games, the first time in NBA history that a regular season game was being played outside of North America.
NBA International President Heidi Ueberroth told NBA.com, “We think it’s the perfect time and bringing regular-season games to Europe is really the next step in the development of our fan base.”
The Raptors and Nets played back-to-back games at London’s O2 arena. This isn’t the first time the league has played games in London; they have been the stage for exhibition games in the past.
In the first match up, Deron Williams and Brooke Lopez led the Nets to a 116-103 victory. Williams recorded his fourth straight double-double since being traded from the Utah Jazz.
In the final game of the London series, the Raptors and Nets played the wildest game of the season. The game took three overtimes before the Nets prevailed, 137-136. Andrea Bargnani led all players with 35 points. Up and coming second year player, DeMar DeRozan, averaged 30 points in both games.
“We kept fighting the whole time. We were seven points down but we came back and had the chance for a win. It’s a tough loss but we played every minute,” said Jose Calderon in the losing effort.
Related: Sekou Smith Hang Time
Ryerson University’s independent school newspaper, the Eyeopener, released their annual Love & Sex issue this week.
The issue has become recognized for its use of full-on male and female nudity. The issue is always released around the time of Valentine’s Day and is a very common issue amongst other North American university newspapers.
The Eyeopener has been criticized for their racy issue in the past, but editors believe the issue provides a platform to discuss important topics.
“The purpose behind the Eyeopener’s Love & Sex issue is really to be controversial,” said Shannon Higgins, Editor-in-Chief. “The campus paper is a good place for that conversation.”
This year’s issue covers the matter of whether sexual and romantic fantasies live up to reality.