Postal workers’ union makes counter-offer

There is no end in sight for rotating strikes hitting Canada Post deliveries, after the postal workers’ union rejected the corporation’s contract offer and countered with its own proposal. The Canadian Union of Postal Workers released a list of demands on Saturday in response to the company’s offer presented Nov. 14 and set to expire […]

Trudeau told Trump in Paris he wants to ‘resolve’ tariffs issue before G20 in Argentina

Prime Minister Justin Trudeau used some face time with U.S. President Donald Trump in Paris on the weekend to raise the issue of the U.S. steel and aluminum tariffs that still have not been lifted despite the successful conclusion of the NAFTA talks. French President Emmanuel Macron hosted a private dinner on Saturday night for […]

StatsCan’s plan to harvest private banking info on hold, pending investigation

The country’s chief statistician says his agency’s controversial plan to harvest individuals’ banking information is on hold until the privacy commissioner completes an investigation into widespread concerns about the project. Statistics Canada recently caught nine financial institutions off-guard by asking them to share the private banking information of Canadians in 500,000 dwellings across the country. […]

Bombardier cutting 5,000 jobs, selling Q Series aircraft

Bombardier has announced measures that will result in 5,000 job losses, half of which will be in Quebec, over the next 12 to 18 months.  The Montreal-based company said Thursday morning the measures will result in $250 million in annual savings. It also announced it will sell its Q Series turboprop aircraft program to Longview Aviation Capital for […]

‘I feel cheated’: Telco customer set to speak on Day 1 of CRTC hearing into misleading sales practices

Shawn Ahmed says he knew he wanted to participate, as soon as he learned the CRTC asked to hear, in person, from consumers frustrated by their telecom service provider. The federal telecom regulator is holding a five-day public hearing this week in Gatineau, Que., part of an inquiry into misleading and aggressive telco sales practices, ordered in June […]

Nasdaq halts trading in Tilray after pot stock doubles in 2 days

Shares in Canadian marijuana company Tilray Inc. were halted on the Nasdaq Wednesday after they doubled in two days. Tilray shares soared one day after the licensed producer said it got approval from the U.S. Drug Enforcement Administration to export a cannabis drug to California for a clinical trial. The New York-based stock exchange temporarily halted […]

Ottawa looks at having retired judge help guide renewed pipeline review process

The federal government is shopping around for a retired federal judge to help guide a renewed consultation with Indigenous communities on the Trans Mountain pipeline expansion. The Federal Court of Appeal last month quashed the approval given to the project, saying the consultation with Indigenous communities wasn’t good enough and criticizing the lack of attention […]

Canada’s trade deficit shrinks in July, surplus with U.S. highest since 2008

Statistics Canada says the country’s merchandise trade deficit with the world shrank to $114 million in July, the smallest since a surplus in December 2016, as the country’s trade surplus with the United States grew to the biggest in a decade. The total value of Canada’s exports rose 0.8 per cent, mainly because of higher […]

Argentina announces new taxes, ministry cuts amid turmoil

Argentina’s President Mauricio Macri announced new taxes on exports and the elimination of several ministries on Monday in a bid to halt economic turmoil that has sent the peso to record lows. Macri said in a televised statement that he will also allocate more economic aid and strengthen food plans for Argentines who suffer from […]