Winnipeg Free Press (Newspaper) - February 9, 2022, Winnipeg, Manitoba
● WINNIPEGFREEPRESS.COM B7WEDNESDAY, FEBRUARY 9, 2022
C M Y K PAGE B7
BUSINESS
NOTICE TO CREDITORS
In accordance with S. 41 (5) Trustee Act
(R.S.M. 1987)
IN THE MATTER OF the Estate
of Joseph Torok, late of the City of
Winnipeg, in Manitoba, deceased.
All claims against the above estate,
duly verified by statutory declaration,
must be filed with TRADITION LAW
LLP, Estates & Trusts, at their offices
at 701 – 310 Broadway, Winnipeg, MB
R3C 0S6, Attention: John Delaney on or
before March 14, 2022.
DATED at the City of Winnipeg, in
Manitoba, the 9th day of February, 2022.
TRADITION LAW LLP
Estates & Trusts
Solicitors for the Executor
NOTICE TO CREDITORS
In accordance with S. 41 (5) Trustee Act
(R.S.M. 1987)
IN THE MATTER OF the Estate of Yeni
Yasmin Harridial, late of the City of
Winnipeg, in Manitoba, deceased.
All claims against the above estate,
duly verified by statutory declaration,
must be filed with TRADITION LAW
LLP, Estates & Trusts, at their offices at
701 – 310 Broadway, Winnipeg, MB R3C
0S6, Attention: John Delaney / Krista
Clendenning on or before March 30,
2022.
DATED at the City of Winnipeg, in
Manitoba, the 1st day of February, 2022.
TRADITION LAW LLP
Estates & Trusts
Solicitors for the Executor
NOTICE TO CREDITORS
IN THE MATTER of the Estate of
RAYMOND WAYNE ANSEEUW, late of
the City of Winnipeg, in the Province of
Manitoba, Deceased.
ALL CLAIMS against the above estate,
duly verified by Statutory Declaration,
must be sent to the undersigned at their
offices at 207-2211 McPhillips Street,
Winnipeg, Manitoba R2V 3M5 on or
before March 7, 2022.
DATED at the City of Winnipeg, in the
Province of Manitoba, this 3rd day of
February, 2022.
TANIS B. JURY LAW CORPORATION
Solicitor for the Executrix
Attention: TANIS B. JURY
NOTICE TO CREDITORS
IN THE MATTER of the Estate of
STOFFER WATERMULDER, late of
the City of Winnipeg, in the Province of
Manitoba, Deceased.
ALL CLAIMS against the above estate,
duly verified by Statutory Declaration,
must be sent to the undersigned at their
offices at 207-2211 McPhillips Steet,
Winnipeg, Manitoba R2V 3M5 on or
before March 7, 2022.
DATED at the City of Winnipeg, in the
Province of Manitoba, this 3rd day of
February, 2022.
TANIS B. JURY LAW CORPORATION
Solicitor for the Executrix
Attention: TANIS B. JURY
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Legals
Supermarket theft rising, grocery industry warns
S HOPLIFTING appears to be on the rise at grocery stores in Canada as a growing number of supermarkets
report an increase in thefts of food and
pharmacy products.
Industry experts say meat is the No. 1
stolen item followed by cheese and over-
the-counter medicine.
Liquor stores are also reporting an
increase in theft since the onset of the
pandemic.
It’s unclear whether the uptick in
shoplifting is due to escalating inflation
and food insecurity, a growing resale
market for stolen goods or other factors.
But experts say thefts have become
more brazen in recent months and cus-
tomers wearing face masks make it
more difficult to identify people.
Several grocers across the country
have expressed concern with surging
shoplifting and aggressive behaviour,
said Gary Sands with the Canadian Fed-
eration of Independent Grocers.
“Retailers are seeing more thefts and
physical confrontations,” said Sands,
senior vice-president of public policy
for the industry group.
“Just in the last few weeks, grocers
have been seeing a lot more meat theft.
Meat prices have definitely risen.”
Statistics Canada reported last month
that meat prices were up nine per cent
in December compared with a year ear-
lier.
It’s hard to pin the trend down to a de-
finitive cause, Sands said.
And getting hard numbers isn’t
straightforward. Retailers often ask
suspects to leave the store and not re-
turn rather than involve police, Sands
said.
“They might say, ‘Get out of here and
don’t come back,’” he said. “Part of the
issue is with masking, even if you’ve got
them on camera, it can be hard to rec-
ognize people.”
The situation means there’s little of-
ficial data on the issue.
Sgt. Steve Addison with the Vancou-
ver Police Department said shoplifting
is a vastly under-reported crime.
“In Vancouver we have seen a signifi-
cant trend over the past couple years
involving violent shoplifters,” he said
in an email. “This includes people using
weapons and physical force against
store staff and security.”
Addison added that the situation has
less to do with the pandemic and more
to do with people stealing products to
sell in the illicit market.
Retail Council of Canada spokes-
person Michelle Wasylyshen said theft
impacts retailers in multiple ways with
the biggest being the loss of inventory.
One of the few ways retailers can re-
cover a portion of that loss is through
increased prices, she said.
Retailers also hire security guards
and turn to solutions such as locked
showcases and other security measures
to deter people from stealing.
But those measures come with add-
ed costs retailers recoup must usually
through higher prices, Wasylyshen said.
Meanwhile, retailers say prosecution
of shoplifting cases has dropped off
considerably over the last two years,
she said.
“As such, some retailers have changed
their approach to focus on trying to
deter theft from occurring, rather than
making arrests,” Wasylyshen said in an
email. “When theft does occur, staff are
advised not to engage with the perpe-
trator for their safety and that of others
who may be nearby.”
Canada’s Food Price Report released
in December predicted soaring food
prices and rising food insecurity could
lead to increased rates of theft.
Const. Rob Carver with the Winnipeg
Police Service said shoplifting statis-
tics for the city over the last few years
are complicated to draw conclusions
from because of a rash of thefts from
Manitoba Liquor Marts. “This is fur-
ther complicated because some Liquor
Marts are located within or attached
to grocery stores,” he said in an email.
“This makes comparative data inaccur-
ate.”
Liquor stores in Winnipeg have all
been retrofitted with security meas-
ures requiring customers to provide
identification before gaining access to
the stores.
— The Canadian Press
S&P/TSX composite up more than 100 points
despite energy falling on lower oil prices
TORONTO — Canada’s main stock in-
dex gained more than 100 points in a
broad-based rally with only the energy
sector falling along with crude oil
prices.
Financial markets were a bit choppy
to start trading Tuesday, but managed
to gain some ground throughout the day
and turned higher towards the close.
The S&P/TSX composite index ended
the day up 141.68 points to 21,377.18.
Materials and industrials led, with
the heavyweight financials sector also
having a strong day as the 10-year U.S.
bond yield rose to nearly two per cent,
its highest level since late 2019.
Higher gold prices pushed materi-
als up two per cent as investors sought
out a hedge against soaring inflation
ahead of Thursday’s CPI report in the
U.S. that is expected to be 7.3 per cent
in January.
The April gold contract was up
US$6.10 at US$1,827.90 an ounce and
the March copper contract was down
slightly at US$4.46 a pound.
Markets have been striving for
direction over the last few weeks with
big days up and down, said Candice
Bangsund, portfolio manager for Fiera
Capital.
“I think investors are just again try-
ing to recalibrate their expectations
for central bank policy,” she said in an
interview.
Industrials got a boost from TFI Inc.,
whose shares increased 8.1 per cent af-
ter reporting strong quarterly results,
and Air Canada, which climbed 4.8 per
cent.
Higher bond yields helped banks and
insurance companies.
In New York, the Dow Jones indus-
trial average was up 371.65 points
at 35,462.78. The S&P 500 index was
up 37.67 points at 4,521.54, while the
Nasdaq composite was up 178.79 points
at 14,194.46.
Large cap tech stock led in the U.S.
“Looks like investors may be stepping
in to buy the dip after the steep year-to-
date selloff that we’ve seen in the in the
tech space,” Bangsund said.
Big technology players like Amazon,
Microsoft and Apple that have already
reported results led the charge.
“There’s no real clear catalyst for
those gains, particularly in the technol-
ogy sector, because interest rates are
rising today, and that’s typically a head-
wind for the most expensive corners of
the market, and is largely why the tech
space has sold off so profoundly here in
2022,” she said.
In Canada, the tech sector, which is a
smaller market player, gained 0.8 per
cent with shares of Quaterhill Inc. ris-
ing 3.5 per cent.
Energy lost 3.9 per cent as crude oil
prices fell after enjoying a strong run to
climb above US$90 per barrel.
Baytex Energy Inc. fell 6.7 per cent
while Cenovus Energy Inc. was 6.4
per cent lower after reporting a higher
quarterly loss.
The March crude oil contract was
down US$1.96 at US$89.36 per barrel
and the March natural gas contract was
up 1.6 cents at US$4.25 per mmBTU.
The Canadian dollar traded for 78.68
cents US compared with 78.81 cents US
on Monday as it lost ground with weak-
er crude prices.
— The Canadian Press
ROSS MAROWITS
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