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Money
Ottawa announces pilot project providing five more weeks of benefits for seasonal workers
An estimated 51,500 workers will benefit from the extra weeks of employment insurance. Continue reading
PepsiCo buys SodaStream for US$3.2B
PepsiCo has acquired the Israeli fizzy-drink maker SodaStream for US$3.2 billion. Continue reading
CRA insiders say Canada’s tax system helps rich avoid paying taxes: study
81 per cent of CRA employees surveyed in a recent PIPSC report agree that tax loopholes and exemptions disproportionately benefit wealthy Canadians. Continue reading
This is why Canada’s gig economy is changing the future of jobs
The rise of the gig economy is bringing many new questions and uncertainty to the future of jobs in Canada. Continue reading
Gas prices drive Canada’s inflation rate in July to highest point since 2011
The federal agency says the consumer price index for July was up 3.0 per cent on a year-over-year basis compared with a 2.5 per cent increase in June. Continue reading
Canadian women who start businesses make 58% less than male entrepreneurs: report
This translates to an average income difference of C$68,000 between women and men who launched similar businesses. Continue reading
Low-income Canadians spend 9% of annual income on communications services: CRTC
The snapshot of expenditures shows households with incomes below $32,090 spent 8.6 per cent of what they earned in 2016 on communications. Continue reading
Ottawa preparing response if Donald Trump follows through with U.S. auto tariffs threat
Navdeep Bains said Plan A is to continue encouraging the U.S. to back away from the tariff threat, which industry has warned would inflict significant damage on both countries’ economies. Continue reading
Canadians may soon see grocery price hikes due to tariff spat, retailers warn
Canadians heading to the grocery store may have to pay more at the checkout counter due to the ongoing tariff spat between Canada and the U.S. Continue reading
Métis Nation of Alberta votes to support Trans Mountain pipeline expansion
An organization that represents Métis in Alberta says it supports the expansion of the Trans Mountain oil pipeline through B.C. Continue reading
