Canada lacks gender diversity in AI industry, lags in wage equality: WEF study

Canada has the world’s fifth largest artificial intelligence workforce, but is still far from closing the gender gap in the sector and others, according to new rankings from the World Economic Forum (WEF). Aside from its announcements about the AI workforce, the WEF also revealed Monday that Canada ranked 16th in its annual gender gap ranking. It […]

Canada abetting Washington’s ‘new Cold War’ with Huawei arrest, says economist

The arrest of a Chinese tech executive is yet another example that the U.S. is creating “a new Cold War” in international trade, says economist Jeffrey Sachs, who adds that Canada is abetting its southern neighbour. Canadian officials arrested Meng Wanzhou, the chief financial officer of the Chinese telecommunications firm Huawei, in Vancouver on an extradition […]

Via Rail places nearly $1B train order with German company instead of Bombardier

Via Rail has selected Germany’s Siemens over Bombardier Inc. for a $989-million contract to build new rolling stock as the Canadian passenger rail service renews its fleet of locomotives and cars for the rail corridor between Quebec City and Windsor, Ont. The company confirmed the contract, which will see trains built in California. Deliveries will begin […]

Canada Goose caught in Huawei crossfire as Chinese pitch Canadian product boycott

Canada Goose shares have fallen for five days in a row after the outdoor apparel maker has become a target of Chinese consumers upset by the arrest of a high-ranking technology executive in Canada. The company has lost 20 per cent of its value on the Toronto Stock Exchange since word emerged that Meng Wanzhou, the […]

Trump’s ‘tariff man’ talk spooks investors, sends stock markets plunging

Stock markets fell precipitously on Tuesday as weekend optimism that the U.S. and China could de-escalate their trade war fell by the wayside. The Dow Jones Industrial Average fell more than three per cent, or 799 points, to 25,027. The broader S&P 500 fared even worse, losing 88 points to close just above 2,700. And the technology-heavy Nasdaq was […]

Martinrea to close Ajax car part factory in wake of GM Oshawa news

Martinrea International Inc. says it will be forced to close an automotive factory when General Motors winds down production at its Oshawa assembly plant next year in one of the clearest indications of the knock-on effects of the closure on suppliers. Rob Wildeboer, executive chairman of manufacturer Martinrea, says the company will have no choice […]

‘This isn’t what we were promised’: Amid GM closures, Trump’s economic policies are coming home to roost

At one time, Donald Trump’s words sounded reassuring to Tommy Wolikow. Now more than a year later, they just torment him. “Don’t move, don’t sell your house,” the U.S. president urged a cheering crowd in Youngstown, Ohio, in July 2017, promising to resurrect the region’s dwindling manufacturing jobs. “They’re all coming back.” Wolikow, a 36-year-old father of […]

Avoid eating romaine lettuce in Ontario and Quebec amid E. coli outbreak, health officials warn

The Public Health Agency of Canada is warning people in Ontario and Quebec not to eat romaine lettuce as it works with U.S. health officials to determine the source of an outbreak of E. coli infections in the two provinces and in 11 states. As of Tuesday, there have been 18 confirmed cases of the bacterial infection […]

Parcel backlog mounting as CUPW rejects latest offer from Canada Post

The Canadian Union of Postal Workers has rejected Canada Post’s latest offer in their labour dispute as a delivery backlog weighs on consumers placing orders for packages during the busiest shopping period of the year. The two parties have been negotiating for nearly a year, and the Crown corporation set midnight tonight as the deadline to accept its […]