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Purolator hiring 2,400 workers to cope with busy holiday season
Purolator Inc. is hiring thousands of workers and increasing the number of vehicles in its fleet to cope with what is expected to be its busiest holiday season yet.
14 Oct 2021 | Economy -
Oilpatch experiencing labour shortage that could slow recovery, industry says
Canadian energy contractors are facing a shortage of rig workers that could slow oilpatch recovery.
13 Oct 2021 | Economy -
Mayors urge federal government to cover loss of transit income from COVID-19
The mayors of Canada’s largest cities say they need federal aid to cover tens of millions in ridership revenue shortfalls to stave off a stalling of the country’s e…
13 Oct 2021 | Economy -
L.A. port to operate 24/7 as U.S. aims to ease supply chain bottlenecks
The White House said Wednesday it has helped broker an agreement for the Port of Los Angeles to become a 24-hour, seven-days-a-week operation, part of an effort to …
13 Oct 2021 | Economy -
Apple to cut iPhone 13 production amid supply chain crisis: report
Apple Inc is likely to slash production of its iPhone 13 by as many as 10 million units due to the global chip shortage, Bloomberg News reported on Tuesday, citing …
13 Oct 2021 | Economy -
Canadian-born David Card named as Nobel prize winner in economics
Economists David Card, Joshua Angrist and Guido Imbens won the 2021 Nobel economics prize on Monday for pioneering “natural experiments” to show real-world economic…
11 Oct 2021 | Economy -
‘Not going to wait.’ The pandemic is prompting more women to be their own boss
In the early months of the COVID-19 pandemic, Tamara Robbins Griffith experienced what many working parents went through: the new work-from-home-plus-virtual-school…
09 Oct 2021 | Economy -
Canadians hit with all-time record gas prices ahead of Thanksgiving long weekend
Gasoline prices shattered all-time records in many parts of the country this week, just in time for Canadians to hit the highway for the Thanksgiving long weekend.
07 Oct 2021 | Economy -
HBO television series ‘The Last of Us’ takes over parts of Edmonton
A major HBO television production is taking over some Edmonton streets.
07 Oct 2021 | Economy -
Natural gas price hikes will fuel inflation and hit low-income Canadians the hardest
After almost two years of supply shortages and cost increases due to the COVID pandemic, here’s one more thing that’s going up in price this winter: natural gas.
07 Oct 2021 | Economy -
Federal government pressed to extend COVID-19 benefits for small businesses
A group representing thousands of small businesses says uncertainty over the fate of federal pandemic supports is causing its members to lose confidence in their fi…
05 Oct 2021 | Economy -
‘Not as crazy as it seems’: How COVID-19 gave rise to home-buying sight unseen
During the COVID-19 pandemic, Karen Wright did something she’s never done before: she bought a home without ever seeing it in person.
02 Oct 2021 | Economy -
Pandemic pivot: From bartender to coder with just three months of school
The earlier phase of the pandemic was a rough ride for Maggie DeVito. The 26-year old Vancouver-based former bartender says she was out of work for months amid repe…
02 Oct 2021 | Economy -
Bitcoin price continues surge as Fed chairman says ‘no intention to ban’ cryptocurrency
Bitcoin continued its surge Friday morning, rising by nine per cent to $60,196 (US$47,536) — its highest level in 12 days.
01 Oct 2021 | Economy -
Plastic resins face supply crunch as prices skyrocket amid COVID-19
Plastic resins – tiny plastic pellets used to make everything from bread bags to milk containers – are undergoing a triple whammy of high demand, tight supply and s…
26 Sep 2021 | Economy -
New rules for employment insurance are rolling out. Here’s what changes
The employment insurance system is set for another round of pandemic-related changes that come into force on Sunday. Here are a few of the key changes that will app…
25 Sep 2021 | Economy -
More women are turning to the skilled trades after pandemic job upheaval
When Daina Cobb’s job running the office of a chartered boat on the Toronto Harbour stopped paying sales commissions amid the COVID-19 pandemic, it felt like an opp…
25 Sep 2021 | Economy -
Unions oppose O’Toole, some call for members to vote ‘anything but Conservative’
Despite Erin O’Toole‘s attempts to portray himself as an ally of workers, the Conservative leader appears to remain public enemy No. 1 so far as Canada’s labour uni…
15 Sep 2021 | Economy -
Liberals vs. Conservatives on childcare: Which parents would benefit most under each plan?
As Canadians evaluate child-care promises in the federal election, they may not realize they’re looking at two policies that are already in place in one province: Q…
14 Sep 2021 | Economy -
Amazon Canada set to hire 15,000 workers, increase hourly starting wage to $21.65
Amazon Canada will hire 15,000 new warehouse and distribution workers in communities across the country this fall to support its ongoing Canadian expansion plans, t…
13 Sep 2021 | Economy -
‘Political suicide’: Capital gains tax on home sales a risky proposal, experts say
Housing affordability is front of mind for Canadian voters, with the three major parties each vowing in their election platforms to make it easier for families to p…
10 Sep 2021 | Economy -
Why switching jobs can net you a double-digit pay boost right now
If your paycheque hasn’t seen a meaningful boost in some time, now may be the time to look around for a new gig.
10 Sep 2021 | Economy -
Interest rate hike will depend on economic recovery, Bank of Canada says
The Bank of Canada says it plans to increase interest rates before it reduces the size of its government bond holdings, although its timing on the rate hike will de…
09 Sep 2021 | Economy -
Dollarama reports Q2 profit, sales up from year ago
Dollarama Inc. reported a second-quarter profit of $146.2 million, up from a profit of $142.5 million in the same quarter last year.
09 Sep 2021 | Economy -
O’Toole platform costs lay out plan for lower new spending, axing childcare deals
The Conservative party has released costing for its election platform, just hours before Erin O’Toole is to take part in the first of two official leaders’ debates.
08 Sep 2021 | Economy -
Singh touts universal child care, $20 min wage for federally regulated workers
NDP leader Jagmeet Singh says he will push through more support for workers if elected on Sept. 20 and encourage provinces to do the same.
06 Sep 2021 | Economy -
Cancelled flights, lost luggage, no customer support: why flying has become a ‘nightmare’
When Catherine Litinsky flew out of Winnipeg for a week-long vacation with friends near London, Ont., in early August, she had already gone through one round of fli…
04 Sep 2021 | Economy -
Election fact-check: How much new housing does Canada actually need?
Many Canadians are listing housing affordability as a key election issue, and the politicians vying for votes have taken notice.
03 Sep 2021 | Economy -
O’Toole pitches CANZUK plan to ease work abroad with U.K., N.Z, Australia
Canadians could have the right to live and work in the United Kingdom, Australia and New Zealand under Conservative plans for a new free-trade area.
02 Sep 2021 | Economy -
How Canadians learned to stop worrying and love the deficit
Once upon a time, politicians of all stripes fell over each other trying to demonstrate their fiscal responsibility. No credible leader could step to the podium wit…
02 Sep 2021 | Economy -
CN Rail weighing options after U.S. regulator rejects use of trust in Kansas City Southern deal
Canadian National Railway Co. says it is evaluating its options after a U.S. regulator rejected its use of a key trust agreement in its plan to buy Kansas City Sout…
01 Sep 2021 | Economy -
Sticker shock hitting consumers at the grocery store as drought takes toll on crops
Canadians have started to pay more for groceries as severe drought drives up prices for agricultural commodities, and experts say more price hikes are likely this f…
31 Aug 2021 | Economy -
Daunting debt: What the pandemic public spending spree will mean for Canada’s post-COVID economy
University of Calgary student Justin Gotta just spent four months looking for a part-time job.
31 Aug 2021 | Economy -
Canadian economy shrank by 1.1% in second quarter of 2021, Statistics Canada says
The economy contracted at an annualized rate of 1.1 per cent in the second quarter, Statistics Canada said Tuesday.
31 Aug 2021 | Economy -
‘Like a pinata.’ Businesses exposed to harassment without vaccine passports, some warn
As Canada weighs the use of domestic COVID-19 vaccine passports, some business leaders and entrepreneurs are calling on Ottawa and the provincial governments to ste…
30 Aug 2021 | Economy