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Airlines Slash Flights as Jet Fuel Costs Surge, Squeezing Travellers and Markets

  Airlines Slash Flights as Jet Fuel Costs Surge Canadian travellers are facing fewer flight options and higher fares as jet fuel prices spike to multi‑year highs , forcing Air Canada and Air Transat to cut capacity across key routes. The surge in fuel costs is tied directly to the ongoing Iran conflict , which has disrupted global oil flows and pushed energy markets into another period of volatility. Air Transat is reducing service to Europe and the Caribbean, while Air Canada is suspending several regional and international routes it now considers unprofitable. For consumers, this means higher ticket prices, more crowded flights, and fewer choices heading into the summer travel season . Impact on the Economy and Inflation Airlines passing fuel costs to passengers adds fresh pressure to Canada’s already‑stubborn inflation outlook. Travel inflation — which had been easing — is now expected to rise again, complicating the Bank of Canada’s path toward rate cuts. Higher travel costs a...
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Why Plant-Based Meat Failed to Satisfy Consumers and Investors

Plant-based meat was once hailed as a game-changer for the food industry, promising to deliver meat alternatives that are better for the environment, animal welfare, and human health. However, after a decade of hype and billions of dollars in funding, the sector is facing a harsh reality check.

According to Pitchbook, a venture-capital research firm, funding for food-technology startups has fallen to the lowest level in nearly a decade, and many plant-based meat companies have struggled to turn a profit or scale up production. The main reasons for this decline are the high price, mediocre taste, and questionable health benefits of plant-based meat products.

Despite the growing awareness of the environmental and ethical issues of animal agriculture, most consumers are not willing to pay a premium for plant-based meat that does not taste as good as the real thing. A recent survey by the International Food Information Council found that only 28% of Americans have tried plant-based meat, and only 10% eat it regularly. Moreover, many consumers are skeptical about the health claims of plant-based meat, which often contains high amounts of sodium, fat, and additives.

As a result, plant-based meat has failed to capture a significant market share or disrupt the meat industry, which has also responded by offering more sustainable and humane options. While plant-based meat may still have a niche appeal for some consumers, it is unlikely to become a mainstream choice anytime soon.

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