The latest retail trend? Go small — it’s cheaper in big expensive cities

Customers who don’t work in the building that houses Kento Kitayama’s tiny cafe near Vancouver’s Gastown neighbourhood better be prepared to settle for takeout. He can only take orders through a little window facing the sidewalk. Iktsuarpok Coffee Stand, which opened late last month, has no seating and sparse furnishings. Kitayama could likely stand in […]

Canada Post says normal delivery times restored for most of the country

Three weeks after striking postal workers were forced back to work, Canada Post says it’s caught up on most parcel delivery backlogs that had been created by rotating walkouts. The Crown corporation says its normal holiday delivery service guarantees have been restored across most of the country, except Vancouver. The federal government legislated an end […]

Cyber crooks increasingly targeting home devices: report

Cyber criminals are shifting their attention from traditional computers to internet-connected devices in Canadian homes, says the government’s cyber security agency. In its threat assessment for 2018, the newly created Canadian Centre for Cyber Security says devices connected to the internet — such as a growing number of “televisions, home appliances, thermostats and cars” — […]

Three ways the new NAFTA deal kept changing after it was announced

Turns out the negotiations to revise the North American trade agreement didn’t end when the agreement was announced Oct.1. The 60-day period leading up to its formal signature in Buenos Aires on Friday included an additional two months of haggling over specific parts of the deal. Several significant changes were made over the last two months during a […]

Stocks markets surge on hint of slower rate hikes

Stocks surged on Wall Street, powering a 600-point gain in the Dow Jones Industrial Average, after the head of the Federal Reserve hinted at slower interest rate increases. The market snapped higher shortly after noon Wednesday after Federal Reserve Chairman Jerome Powell suggested the central bank might consider a pause in its interest rate hikes […]

Union chief meets with Trudeau today to push for action on GM plant closure

The president of the largest private sector union in Canada meets with Prime Minister Justin Trudeau today, still vowing to ramp up pressure on General Motors to shift production of another vehicle to Oshawa to stave off the closure of its plant there. Jerry Dias leads Unifor, the successor to the now-defunct Canadian Auto Workers. […]

GM cuts will be painful but better now than during a recession: Don Pittis

“It could have been worse,” will be of no comfort to those affected by the shutdown and job losses at General Motors. It has been a shock to affected families and to the communities where plants are closing. “It’s going to affect the province, it’s going to affect the region,” said Oshawa, Ont., mayor John Henry after hearing […]

Quick fix for Alberta’s oil woes may be sorely needed — but not so easily found

With steep discounts on Alberta oilsands crude hitting Canada’s energy sector hard, the economic cost continues to climb by tens of millions of dollars each day.   The contagion, as economist Peter Tertzakian calls it, is also spreading to other grades of oil, potentially threatening billions in spending and, once again, putting jobs on the line. Such risks […]

Canada Post pitches ‘cooling off period’ that would shelve strike until February

Canada Post has proposed a “cooling-off period” with its largest union that would see rotating strikes put on hold through the holiday season while the two sides work with a government-appointed mediator to end the dispute. The Canadian Union of Postal Workers has staged rotating strikes since the middle of October. The union rejected the company’s latest […]