Loonie rises as national bank holds the line on interest rates
The Bank of Canada has held its interest rate at one per cent — impacting rates banks offer to businesses and consumers for borrowing and saving. “The global economic recovery is proceeding broadly as expected,” the bank said in a statement posted on its website Tuesday. Statistics Canada said there was a 3.9 per cent […]
The Weather Network’s summer outlook: “Shifting” summer weather patterns
The Weather Network has just announced its summer outlook for the months of June, July and August. After a spring season which has seen flooding in parts of Manitoba and Quebec along with cooler and wetter conditions in parts of Ontario and British Columbia, Canadians can expect conditions to be changeable this summer due to […]
Chrysler repays $1.7 billion in government loans: Flaherty
Talk about getting your money back. The Minister of Finance said Chrysler Group LLC has repaid $1.7 billion in outstanding Canadian government loans following the completion of new refinancing transactions. In 2009, during the depths of the global economic downturn, the Government of Canada and the Government of Ontario provided $1.7 billion in loans payable to Chrysler […]
Huffington Post launches website in Canada, for Canadians
The Huffington Post launched its Canadian edition Thursday as the first part of its international expansion. In May 2005, Arianna Huffington launched the Huffington Post as an alternative space for commentary, competing with the popular right-wing news website, the Drudge Report. Three years later she began launching local versions — Chicago, Denver, New York and […]
Canada Speaks: Report reveals public perceptions about the nation's homeless
Canadians have spoken and they have something to say about homelessness in Canada. A report released Wednesday provides a unique look into how Canadians feel about the more than 150,000 homeless living on the streets in cities across the country. The report, Canada Speaks, is a part of The Salvation Army’s ongoing Dignity Project — […]
New website launched to protect Canadian children
The Canadian Centre for Child Protection’s new website — MissingKids.ca — is expected to contribute to reducing the number of children who go missing in Canada every year. Each year, more than 50,000 children are reported missing in Canada and the launch of the new site on Tuesday could help lessen that number. The Canadian […]
Harper’s goal: create a new irrational reality
In observing Stephen Harper for the past 20 years, I have often been reminded of the line from Shakespeare: “The first thing we do, let’s kill all the lawyers.” Replace lawyers with scientists, and you capture the role that the irrational plays in the politics of the prime minister. It shows up everywhere: Over […]
Union offer a “setback” to Canada Post labour negotiations
Canadian Union of Postal Workers’ (CUPW) offer would add $1.4 billion of new costs to Canada Post over the life of the contract and provides no compromises to address the challenges facing the company, says the Canada Post negotiation team. Already struggling with declining mail volumes, Canada Post would need to raise the price of […]
Which brands do Canadians love the most?
Reputations: One needs look no further than the recent oil spills, tainted-food recalls and financial industry scandals to realize that in business today, they mean everything to corporations. Canadian Business magazine has teamed with the Reputation Institute to assess the reputations of 50 of Canada’s biggest companies who deal directly with consumers or have a […]
The ongoing evil of asbestos exports
The ongoing fight to get this country to ban the export of the world’s deadliest industrial material has finally reached the Comedy Network and Jon Stewart’s The Daily Show. The sheer absurdity of pretending that chrysotile asbestos can be used safely caught the eye of the popular show and they recently did a five minute segment, […]
