OTTAWA – Statistics Canada will say this morning how the country’s labour market made out in September after the economy added jobs in August. The economy added 90,200 jobs in August to drop the unemployment rate to 7.1 per cent for the month, bringing it to the lowest level since the onset of […]
Category Archives: Business
MISSISSAUGA, Ont. – Walmart Canada says it plans to hire 12,000 permanent new employees to staff its retail stores, warehouses and delivery trucks. The retailer says its hiring spree will include on-the-spot job interviews across the country on Oct. 14 and 15. It says new workers are needed primarily to fulfil online […]
TORONTO — With many companies making remote work a permanent aspect of certain jobs, experts say employers cannot reduce a current employee’s salary without consent and face legal risks if they do. However, employers can hire new, remote employees at lower wages, if they so desire. Stephen Wolpert, a partner at Canadian employment law firm […]
VANCOUVER – Lululemon Athletica Inc. is joining the booming personalized at-home exercise trend with the launch of Mirror, a large electronic device for streaming workout classes. The athleisure retailer says the mirror-like machine, which can be mounted to a wall, is available for in-store demonstrations in Canada starting Thursday and will be available […]
LOS ANGELES – The Flying Buttress once glided across the oceans carrying vital commodities like grain to all corners of the world. Now it bears a different treasure: Paw Patrol Movie Towers, Batmobile Transformers and Baby Alive Lulu Achoo dolls. The dry bulk cargo ship has been drafted into the service of […]
TOKYO – Asian shares rose Thursday, tracking a rally on Wall Street after signs of progress on resolving the standoff in Congress over the debt ceiling. Japan’s benchmark Nikkei 225 gained 0.5% to finish at 27,678.21. Australia’s S&P/ASX 200 added 0.7% to 7,256.70. South Korea’s Kospi jumped 1.8% to 2,959.46. Hong Kong’s Hang […]
OTTAWA — Transportation industry associations say the federal government’s development of a national vaccine passport will be vital for airlines to carry out a vaccine mandate for air travellers. Prime Minister Justin Trudeau announced today that proof of vaccination will be mandatory for people travelling by air and rail by the end of October. The […]
OTTAWA — The Conference Board of Canada cut its forecast for economic growth this year after the contraction seen in the second quarter. The think tank said Wednesday it expects real gross domestic product in Canada to grow 5.1 per cent in 2021 compared with its forecast in July for growth of 6.7 per cent. […]
TORONTO — Cineworld Group PLC’s chief executive was planning to sell off Cineplex Inc.’s RecRoom and signage business in a secret initiative he called “Project Jumanji.” The U.K. cinema chain’s head Moshe “Mooky” Greidinger testified today at the Ontario Superior Court of Justice that his company was planning to find buyers for the businesses. Greidinger […]
BRUSSELS — The European Union on Wednesday urged member countries to provide relief funds to consumers and small businesses hit hardest by rising gas and electricity prices, as criticism mounts that the bloc’s climate change fighting policies are fuelling the problem. In recent days, France and Spain have led the charge for change to the […]