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Tag Archives: cuts

Housing market 2024: What to expect with rate cuts in the forecast – National

After nearly two years of hikes to the Bank of Canada’s benchmark interest rate, some forecasters are expecting the housing market correction will come to an end in 2024. But when that bottom hits, and how fiercely home sales and prices rebound, is a question dogging some Canadians who continue …

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Bell cuts off phone for 95-year-old Etobicoke senior and his wife

Mykola Latyshko takes a television news crew on a brief tour of his Etobicoke bungalow, pointing out landline telephones in the bedrooms and an office. Latyshko and his wife have five landline telephones in various rooms. Since the couple do not own cellular phones, the home phones represent the only …

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Teachers’ union blames province for cuts as Ottawa school board eyes balanced budget – Ottawa

The Ottawa-Carleton District School Board is proposing to balance its budget for the coming fiscal year, but getting into the black will mean cuts. A draft budget for 2023-24 tabled this week finds $19 million in savings, including cuts to what are described as “discretionary” education positions. The president of …

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University of Waterloo cuts ties with China’s Huawei to ‘safeguard scientific research’

The University of Waterloo is ending its partnership with Chinese tech firm Huawei to “safeguard scientific research” amid a sharpening focus on intellectual property protection, global espionage and foreign interference in Canadian society. Huawei, whose technology has been banned from Canada’s 5G network, has been the subject of controversy for …

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Income tax cuts expected as Quebec finance minister to table budget Tuesday

By The Staff The Canadian Press Posted March 21, 2023 8:25 am Descrease article font size Increase article font size Quebec Finance Minister Eric Girard is scheduled to table the first budget of the Coalition Avenir Québec’s second mandate this afternoon. Girard broke with tradition on Monday — instead of …

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Layoffs at Simcoe County hospital due to funding cuts spark concern for Ontario Nurses Assoc.

Amid calls to bring more health-care workers to the province, the Ontario Nurses Association worries 13 nurses laid off at a Simcoe County hospital is just the start of a downward spiral. The Ontario Nurses Association confirmed to Global News that 13 nurses at Stevenson Memorial Hospital in Alliston, Ont., …

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Google Canada starts layoffs as parent company cuts 12,000 workers globally

Google sent layoff notices on Monday to affected Canadian employees after its parent company Alphabet announced earlier this year it was cutting 12,000 of its global workforce. Google Canada spokesperson Lauren Skelly said notifications had been sent to staff impacted by the cuts announced last month. It wasn’t immediately clear …

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New hospital program helps Toronto’s homeless, cuts ambulance offload time – Toronto

TORONTO — A Toronto hospital has opened a stand-alone clinic where paramedics can drop off homeless people who are intoxicated by alcohol so they can recover and then access services. Early results show dramatic improvements in ambulance offload times and freed-up beds at the hospital’s emergency department. Three weeks ago, …

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Russia cuts flow of gas to Europe, raising fresh doubts about Canada’s sanctions waiver

Russia’s Gazprom finally acted on weeks of threats and hints overnight, cutting the already-reduced flow of gas through the Nord Stream One pipeline to just 20 per cent of its full capacity. The move brought new worries to Germany, Italy and the other European countries that depend heavily on Russian gas …

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