Economic Downturn

• LinkedIn cutting 716 jobs in latest round of tech layoffs

  LinkedIn CEO Ryan Roslansky said the move to cut roles in its sales, operations and support teams was aimed at streamlining the company's operations.

  Money

  May 10, 2023
  
• ‘Slash and burn’ economics not the answer to global woes, Freeland warns

  Despite a dire economic prognosis for the global economy, the FES still contained some $30 billion net in new spending measures over the next six years.

  Canada

  Nov 6, 2022
  
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• Deloitte forecasts short-lived recession in 2023, but says job losses shouldn’t be severe

  Deloitte is calling for a recession by the end of next year, but says Canada's labour shortage and pandemic savings could cushion the blow for households.

  Economy

  Sep 28, 2022
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• How Alberta’s commercial real estate landscape is changing amid COVID-19 pandemic

  With more people working from home, offices downsizing and many businesses folding, realtors are expecting already sky-high vacancy rates will continue to rise. But some are finding opportunity in those empty spaces.

  Economy

  Aug 20, 2020
• Ovintiv lays off staff as fears rise for delayed oil industry recovery

  Oil and gas producer Ovintiv Inc., confirmed it handed layoff notices to some of its 2,600 staff in Canada and the United States starting Monday.

  Economy

  Jun 18, 2020
• Decision on Goldboro LNG project delayed due to market conditions, coronavirus

  Pieridae now says it is in negotiations with Germany's largest utility, Uniper, to extend the investment decision deadline to June 2021.

  Economy

  Apr 18, 2020
• Modest tax relief plan in West Kelowna does not include extra time to pay

  West Kelowna property taxes are, for now, due July 2. Late payments are subject to a 10 per cent penalty.

  Money

  Apr 7, 2020
• Kelowna provides financial relief to residents during pandemic, other cities consider options

  Kelowna and Salmon Arm councils vote to defer penalties for late property taxes amid economic downturn.

  Consumer

  Apr 6, 2020
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• City of Kelowna preparing to slash 2020 budget amid coronavirus pandemic

  The mayor was unsure as to any change that will come to the proposed property tax increase of 4.15 per cent.

  Canada

  Mar 30, 2020
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• Christmas hamper program at St. Albert church suspended: ‘The need is higher’

  Red Willow Community Church in St. Albert is asking for donations after it was forced to suspend its Christmas hamper program because of a lack of funds.

  Canada

  Oct 26, 2019