Economic Downturn
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LinkedIn cutting 716 jobs in latest round of tech layoffsLinkedIn CEO Ryan Roslansky said the move to cut roles in its sales, operations and support teams was aimed at streamlining the company's operations.MoneyMay 10, 2023
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‘Slash and burn’ economics not the answer to global woes, Freeland warnsDespite 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.CanadaNov 6, 2022
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Deloitte forecasts short-lived recession in 2023, but says job losses shouldn’t be severeDeloitte 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.EconomySep 28, 2022
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How Alberta’s commercial real estate landscape is changing amid COVID-19 pandemicWith 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.EconomyAug 20, 2020
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Ovintiv lays off staff as fears rise for delayed oil industry recoveryOil 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.EconomyJun 18, 2020
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Decision on Goldboro LNG project delayed due to market conditions, coronavirusPieridae now says it is in negotiations with Germany's largest utility, Uniper, to extend the investment decision deadline to June 2021.EconomyApr 18, 2020
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Modest tax relief plan in West Kelowna does not include extra time to payWest Kelowna property taxes are, for now, due July 2. Late payments are subject to a 10 per cent penalty.MoneyApr 8, 2020
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Kelowna provides financial relief to residents during pandemic, other cities consider optionsKelowna and Salmon Arm councils vote to defer penalties for late property taxes amid economic downturn.ConsumerApr 7, 2020
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City of Kelowna preparing to slash 2020 budget amid coronavirus pandemicThe mayor was unsure as to any change that will come to the proposed property tax increase of 4.15 per cent.CanadaMar 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.CanadaOct 26, 2019
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