Forecasters expect energy market volatility to continue in 2019

Some energy experts are predicting even more volatility in 2019 with respect to the financial markets. More than 1,000 people gathered at the 42nd annual Forecaster Dinner at the Telus Convention Centre in Calgary on Thursday, “I’m not going to sugar coat it — we are going to have less investment in Western Canada than we’ve […]

Most Canadian employees are ready to quit their jobs, survey finds

Canadian employers may need to step up their game if they want to avoid costly staff turnover, a new survey suggests. Research conducted by Nielson on behalf of human resources software company Ceridian found that nearly three quarters of respondents were either looking for work, or would consider jumping ship if approached with the right opportunity. Among 1,001 Canadians and […]

Toronto, Vancouver most ‘vulnerable’ to interest rate hikes: CMHC

Canadians living in the country’s two largest cities may find themselves more “vulnerable” to interest rate increases as personal debt levels in Toronto and Vancouver continue to hit record levels, warns a Canada Mortgage Housing Corporation report. The housing agency says the debt-to-income (DTI) ratio for those living in Vancouver climbed to 242 per cent […]

U by Kotex Sleek tampons recalled in Canada and U.S.

Kimberly-Clark is recalling regular absorbency U by Kotex Sleek tampons in Canada and the United States after reports of the tampons coming apart while being removed from the body. The American company says that in some cases, tampon users sought medical attention “to remove tampon pieces left in the body.” In a news release posted online Tuesday, […]

Oil prices spike after OPEC countries decide on production cut

Oil prices spiked sharply higher Friday after OPEC countries agreed to a proposal that would see global oil production reduced by 1.2 million barrels a day. Following a morning meeting of the Organization of the Petroleum Exporting Countries, Iraq Oil Minister Thamir Ghadhban told reporters the proposed cut would be made up of 800,000 barrels […]

Unemployment reaches 40-year low with 94,100 new jobs added in November

A blast of 94,100 new jobs last month has knocked the country’s unemployment rate down to 5.6 per cent — its lowest level since Statistics Canada started measuring comparable data more than 40 years ago. The overall number marked the labour force survey’s largest monthly increase since March 2012, when there was a gain of […]

Privacy watchdog warns of ‘critical tipping point’ as Canada stakes ground in digital economy

The federal privacy watchdog is warning the Liberal government that it must not trade privacy rights for commercial gain as it strives to position Canada as a global leader in the digital, data-driven economy. In a letter to Innovation Minister Navdeep Bains, Privacy Commissioner Daniel Therrien said the digital revolution is sparking debate on some of “the most fundamental questions of […]

Alberta bets on oil production cuts but industry remains divided on market intervention

Premier Rachel Notley said it would be one of the toughest decisions that Albertans would make as a province. And now she’s made it. Beginning January, Alberta will impose mandatory production cuts on the energy sector for the first time in decades — a measure aimed at reducing an oil glut that’s punished the price of Canadian crude. “In Alberta, […]

‘I was beginning to lose hope’: Woman battles bank for 2 years for information on her own account

An Edmonton woman who spent two years battling her bank for information about her own account is defying a confidentiality agreement to go public about what happened, in a bid to shed light on a highly secretive system she says is stacked against the customer. “Numerous phone calls, numerous emails. I documented everything,” Rhonda McMillan told Go Public […]

B.C. man kicked off WestJet flight after falling asleep before takeoff

A B.C. man who recently suffered a stroke said he was left humiliated and out more than $1,000 after WestJet kicked him off a flight to Cuba and stranded his family at the Toronto airport. The airline removed Stephen Bennett from the Oct. 13 flight after he took a sleeping pill and fell into a deep […]