Winnipeg Free Press

Wednesday, February 09, 2022

Issue date: Wednesday, February 9, 2022
Pages available: 32
Previous edition: Tuesday, February 8, 2022

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  • Location: Winnipeg, Manitoba
  • Pages available: 32
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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 Learn more: contact your representative or Free Press Advertising at 204.697.7164 WE ARE LAUNCHING OURNEWSUITEOF DIGITAL SOLUTIONS FOR LOCAL BUSINESSES TO GROW AND THRIVE IN THE NEW ECONOMY. Free Press Advertising hasmade an investment to significantly expand our service offerings to better support the local business ecosystem ofManitoba. 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 B_07_Feb-09-22_FP_01.indd 7 2022-02-08 7:32 PM ;