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Edwin Steele’s heart sank when he checked the livestream from the security cameras inside his Mississauga business. Saturday opened with partly sunny skies in many parts of the Greater Toronto Area. But in a matter of minutes, threatening-looking clouds moved in. The downpour that followed was unforgiving. “I was watching …
Read More »As clock ticks on rail shutdown, minister and mediators are joining talks
Labour Minister Steve MacKinnon is heading to Montreal on Tuesday and Calgary on Wednesday to meet with stakeholders as a railway strike and lockout loom across the country, a spokesperson from MacKinnon’s office told Global News on Tuesday. Freight trains across Canada could come to a grinding halt as soon …
Read More »Inflation data coming amid rate cut bets. Here’s what to know – National
Many economists are expecting that July inflation data coming this week won’t dissuade the Bank of Canada from another interest rate cut at its next decision in September. Tuesday’s release of July consumer price index figures from Statistics Canada will be the central bank’s last look at the latest inflation …
Read More »Broke and broken: Canada’s public transit in critical funding state, report says
A new analysis warns that Canada’s major cities are struggling to keep their transit systems running, and says public transit is heading for a “downward spiral” unless major new streams of operating revenue open up. In a report published in late May, Leading Mobility Canada said the $120-billion in expansions …
Read More »Canada’s housing market hit ‘pause’ in July despite rate cuts – National
The start of interest rate cuts from the Bank of Canada has done little to stoke a fire in the Canadian housing market, fresh data from July shows. The Canadian Real Estate Association (CREA) said Thursday that home sales retreated by 0.7 per cent month to month in July, giving …
Read More »Goodyear spending $575M to expand Ontario plant, produce EV tires
Goodyear Canada is planning to spend more than $575 million to expand and modernize an eastern Ontario plant to produce electric vehicle and all-terrain tires and make its processes more energy efficient. Prime Minister Justin Trudeau and Premier Doug Ford were on hand for an announcement Monday at the factory …
Read More »Impending rail strike already affecting shipments, Fertilizer Canada says – National
The impending Canadian rail workers’ strike has already started affecting fertilizer shipments, Fertilizer Canada said in a statement Tuesday. On Friday, Canadian National Railway Co. and Canadian Pacific Kansas City Ltd. warned they will lock out employees on Aug. 22 unless they can reach deals with the unions, lending new …
Read More »Residential real estate activity trending upwards across the Okanagan – Okanagan
Descrease article font size Increase article font size According to the Association of Interior Realtors, the housing market in B.C.’s Okanagan is looking up. The association reported that residential real estate sales remained steady throughout July as new listings hit the market. Across the association’s region, 1,351 residential sales were …
Read More »Anti-tourist sentiment is spreading across Europe. Is Canada next? – National
Over the course of many weeks in July, thousands of locals hit the streets of Spain’s major tourist destinations saying they’ve had enough of tourists. The protests are the latest in an anti-tourist sentiment gripping much of Europe, with experts warning that they could have ripple effects all over the …
Read More »International engineering tech professionals choose Alberta, according to survey – Lethbridge
A recent survey by the Association of Science and Engineering Technology Professionals of Alberta (ASET) indicates tech professionals are settling in Alberta more than any other province. Mila Wagner, a member of ASET, says it can be a challenge to leave a home behind, but our province has made a …
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