Windsor, Ont. – Stellantis says it is cutting its Windsor Assembly Plant down to one shift next spring in a move that will mean about 1,800 lost jobs. The company, formerly known as Fiat Chrysler Automobiles, says the move comes as the automotive industry faces significant headwinds including the semiconductor shortage and the […]
Category Archives: Business
An Ontario couple sued because they wrote a bad online review about a window company have been awarded more than $166,000 after a judge found they were bullied over it. The couple purchased 14 windows and a sliding door from Woodbridge, Ont. company Canadian Thermo Windows, which operates under the name Magic Windows, but said […]
TORONTO – Canada’s Big Six banks have together announced that they will join the Net-Zero Banking Alliance ahead of the UN climate summit set to start in Glasgow at the end of the month. The global alliance commits members to aligning their lending and investment portfolios with net-zero emissions by 2050, as well […]
ROME – Italy’s new national airline, ITA, flew its inaugural flights Friday and unveiled its brand and logo, recycling the red, white and green of its Alitalia origins as it tries to chart a new future for the troubled sector. ITA, or Italy Air Transport, officially launched after the bankrupt Alitalia landed its […]
HUNTSVILLE, Ont. – You know the old adage – blame it on Mom and Dad. Well, there might be some truth in that. A recent survey by Co-operators found that 78 per cent of those surveyed are still financially under the unconscious influence of their parents for better or worse. I know […]
Asian shares were higher Friday after technology companies powered the biggest gain on Wall Street since March. All major regional indexes advanced, with Tokyo gaining 1.8%. Taiwan shares jumped 2.4% on news that computer chip maker TSMC upgraded its profit outlook. TSMC, the world’s biggest chip maker, climbed 4.7%. Its CEO […]
TORONTO – Strong U.S. earnings and supportive economic data powered North American stock markets higher with Canada’s main index hitting a one-month high. Although there weren’t any real headline-grabbing developments that shot markets higher Thursday, investors who were cautious are pleasantly surprised that increasing oil prices and bond yields don’t appear to have […]
LONDON – Britain will offer six-month emergency visas to 800 foreign butchers to avoid a mass pig cull caused by a shortage of labour and market disruption, Environment Secretary George Eustice said on Thursday. Farmers across Britain say a combination of Brexit and COVID-19 has sparked an exodus of east European workers from […]
Canopy Growth said on Thursday it would buy weed gummies maker Wana Brands for US$297.5 million, as the world’s biggest pot producer looks to expand in the U.S. cannabis market. Demand for pot edibles such as gummies has risen during the pandemic, as people stuck at home turn to cannabis-related products for relaxation […]
In today’s environment, is it a good idea to ask for a raise? CTV’s chief financial commentator Pattie Lovett-Reid tells potential raise seekers what to do, and what not to do, in her latest column on CTVNews.ca. Source link