Executives who engage in so-called “vaccine tourism” show both an ethical disregard for those less fortunate and a surprising lack of business acumen, experts argue. Their comments came after the head of Canada Pension Plan Investment Board, Mark Machin, stepped down after admitting to travelling to Dubai to receive a COVID-19 vaccine. “The reputational damage […]
Tag Archives: business
SAN FRANCISCO, CALIF. — Lauren Foundos has excelled at just about everything she has put her mind to, from college sports and Wall Street trading to her Forte startup that takes workouts online. Being a woman in the overwhelmingly male world of venture capital was still a barrier — but, like many other female entrepreneurs, […]
As the COVID-19 pandemic drags on, Canadian small businesses have racked up a collective $135 billion in debt because of the health emergency, according to estimates by the Canadian Federation of Independent Business (CFIB). Read more: Anand won’t say whether Canada waived right to sue over vaccine delays The group, which lobbies for small […]
GameStop Corp shares shot higher in early trading on Thursday before a series of NYSE trading halts, a day after an unexpected surge doubled the price of the video game retailer’s stock. The stock hit US$160 at the open before being halted after several minutes of trading. Shares were changing hands at around US$129 […]
Nearly 48 per cent Canadians aged 25 to 35 currently own their home, and a quarter of these homeowners purchased a property during the coronavirus pandemic, according to a recent demographic survey by Royal LePage. The pandemic has steered young Canadians along “a path to home ownership,” Phil Soper, president and CEO, Royal LePage, […]
TORONTO — Canadian automotive workers are among those who have been temporarily laid off as a worldwide shortage of semiconductors, used in computer chips in vehicles, brings several industries to an abrupt halt. The measure affects all shifts at General Motors’ CAMI plant in Ingersoll, Ont., a town approximately 30 kilometres east London, Ont., until […]
The head of Canada Pension Plan Investment Board (CPPIB), Mark Machin, has stepped down after his trip to the United Arab Emirates for vaccination against COVID-19 flouted Canadian government’s travel advice and drew criticism. CPPIB on Friday named John Graham as chief executive officer, who is currently senior managing director and global head of […]
It may not have gained much notice but the price of gas has slowly and steadily been climbing in the Maritimes and hitting the wallets of residents. An analysis by Global News shows that gas prices in the region have steadily increased since the beginning of November. In Nova Scotia, the increase has been […]
OMAHA, NEB. — Billionaire Warren Buffett encouraged investors to maintain their faith in America’s economy and the businesses his Berkshire Hathaway conglomerate owns in a reassuring letter to his shareholders Saturday. Buffett hardly even addressed the coronavirus that ravaged many businesses last year, instead focusing on the long-term prospects for the railroad, utility and insurance […]
After hitting record lows this summer, some mortgage brokers are warning that fixed mortgage rates are starting to climb back up — if only a little. Just as the housing market gears up for the traditionally busy spring season, lenders across the country are announcing fixed-rate increases of between 0.1 and 0.2 of a […]