TORONTO – Five things to watch for in the Canadian business world in the coming week: Federal budget Finance Minister Chrystia Freeland will release her first budget on Monday. It has been more than two years since the federal Liberals have delivered a budget. They skipped last year due to what the government said was […]
Category Archives: Business
MONTREAL – Dockworkers at the Port of Montreal kicked off a series of weekend strikes today, adding to the overtime strike launched earlier this week as negotiations over a collective agreement drag on. The labour actions mark the end of a seven-month truce that began in August as workers and employers bargain over wages and […]
Canada’s telecom regulator released a ruling Thursday that it says will create more competition and affordable options for Canadians who pay some of the highest cellphone bills in the world, but consumer advocates say they are disappointed and a lot of uncertainty remains. “This is pretty much the bare minimum the (Canadian Radio-television and Telecommunications […]
OTTAWA – Employment Minister Carla Qualtrough says any changes to modernize the employment insurance system won’t be done without considering the financial impact on workers and employers. She also said the government will have to carefully make changes to the system so tinkering with one part of the decades-old system doesn’t cause a cascade of […]
TORONTO – Gains in the base metals sector led the way as Canada’s main stock index posted a triple-digit advance in late-morning trading and U.S. stock markets also pushed higher. The S&P/TSX composite index was up 116.78 points at 19,288.44. In New York, the Dow Jones industrial average was up 253.11 points at 33,984.00. The […]
TORONTO – Gains in the base metals sector led the way as Canada’s main stock index posted a triple-digit advance in late-morning trading and U.S. stock markets also pushed higher. The S&P/TSX composite index was up 116.78 points at 19,288.44. In New York, the Dow Jones industrial average was up 253.11 points at 33,984.00. The […]
A trickle of supply started returning to the country’s real estate market in March as home sales hit an all-time record, the Canadian Real Estate Association said Thursday. Sales across the country amounted to 76,259 last month, up 76.2 per cent from 43,283 during the same period last year. Sales in March were up 5.2 […]
TORONTO – A study has found the vast majority of Black women who are entrepreneurs in Canada say they face significant barriers to financing, including the cost of borrowing. The report released by the Black Business and Professional Association looked at how the pandemic has affected Black female entrepreneurs who have been harder hit and […]
An American federal judge tossed a $506.2-million (all figures U.S.) damages award against Apple Inc. after ruling the iPhone maker should have been able to argue that patent owner Optis Wireless Technology was making unfair royalty demands, though he refused to throw out the liability finding. Optis and its partners in the case, PanOptis Patent […]
Google announced a series of pledges on Thursday to fund and promote coronavirus vaccines across the globe, including $250 million (all figures U.S.) in advertising grants for pro-vaccination groups. Through its philanthropy arm, Google will pay for 250,000 shots in “low and middle-income countries,” as classified by Google’s partner Gavi, a charity focused on vaccine […]