Economy – Macleans.ca

Independent Canadian media outlets are cropping up and 2021-01-18 11:00:16Media institutions rely on decades of built-up trust whereas these entrepreneurs hustle to prove their mettle while developing intimate connections wi

Chamath Palihapitiya, the billionaire venture capitalist investing in 2021-01-18 11:00:07While the U of Waterloo alumnus has some negative feedback for capitalism in its current form, he uses market forces to put his massive wealth to work

How Wes Hall is attacking racist systems, starting 2021-01-18 10:59:34The Torontonian—who grew up in a tin shack in Jamaica and went on to establish a top shareholder advisory firm—launched the BlackNorth Ini

Why Shopify’s Tobias Lütke is No. 2 on 2021-01-18 10:59:30The software company's nimbleness and growth during the pandemic has cemented the reputation of its CEO as one of Canada’s foremost business vi

The Power List 2021-01-18 10:59:0350 Canadians who are breaking ground, leading the debate and shaping how we think and live The post The Power List appeared first on Macleans.ca.

TORONTO STAR | BUSINESS

WestJet grounds Max flight before takeoff after system 2021-01-22 16:23:34

Navigating a toxic workplace is a risky and 2021-01-22 16:18:41

BMW loses skirmish in $175M claim against Autoport 2021-01-22 15:24:55

Indigenous business coalition leader says Keystone XL denial 2021-01-22 14:46:06

U.S.-bound air passengers will need to show proof 2021-01-22 13:47:14

Ontario Teachers’ Pension Plan to aim for net-zero 2021-01-22 13:37:57

Ontario task force recommends sweeping reforms to province’s 2021-01-22 12:23:52

Canadian tech companies pledge to give staff time 2021-01-22 11:32:27

S&P/TSX composite ends losing week down on faltering 2021-01-22 09:51:29

Look past Keystone XL to areas of Canada-U. 2021-01-22 09:42:20

P.E.I. lozenge plant lays off 30 workers after 2021-01-22 09:25:41

Retail sales rise 1.3 per cent to $55.2 2021-01-22 09:00:10

: Money

Bitcoin slides to 10-day low amid fears of 2021-01-21 15:35:33Bitcoin was last down 10.6 per cent at US$31,724. It has lost about 27 per cent of its value after touching a record US$42,000 on Jan. 8.

W-shaped recovery would be ‘severe’ without government relief: 2021-01-21 12:59:19A W-shaped recovery is when an economy begins to rebound from a recession quickly but then rapidly falls into another period of downturn before recove

More than 200K small businesses could close permanently 2021-01-21 11:22:13The closures would jeopardize millions of jobs, the Canadian Federation of Independent Business warns.

‘Loneliness pandemic’: Work from home during COVID-19 takes 2021-01-21 10:40:11With record low social interactions amid coronavirus restrictions, both workplace productivity and mental health are taking a hit, a new report shows.

Pfizer pushes Liberals to include corporate tax breaks 2021-01-20 23:22:00The domestic arm of the company behind the first coronavirus vaccine approved by Health Canada says the government should do more to attract the pharm

‘An incredible milestone’: Canadian tech darling Wattpad to 2021-01-20 10:13:33Wattpad said its board of directors unanimously approved a cash and stock transaction Tuesday that will see it acquired by South Korean internet giant

Canada’s inflation rate slows to 0.7% in December 2021-01-20 09:12:45The pace of inflation slowed down from a year-over-year increase of one per cent in November, Statistics Canada said.

Bank of Canada keeps rates at 0.25%, warns 2021-01-20 09:10:40Canada's central bank said it expects the economy to contract in the first three months of the year.

Stocks climb as Yellen, Biden’s pick for Treasury 2021-01-19 16:31:42At her confirmation hearing Tuesday, Janet Yellen said the benefits of a big package outweigh the costs of a higher debt burden.

Office Depot parent rejects Staples’ US$2B takeover bid, 2021-01-19 09:50:08ODP, which also owns Office Depot, said it preferred a sale of its retail and e-commerce operations or a joint venture to a full takeover.

Pandemic housing boom means affordability is no longer 2021-01-16 08:00:56As homebuyers move away from big cities and downtown cores, they're driving double-digit prices increases in the suburbs, smaller cities and lower-co

Canada’s top jobs with the fastest-growing demand in 2021-01-16 07:00:50Many job seekers may find opportunities outside the industry they've been working in, Randstad's research suggests.

Canada Business - The

U.S. President-Elect Joe Biden To Rescind Keystone XL 2021-01-17 21:13:10WASHINGTON — One of Joe Biden’s first actions once he becomes U.S. president Wednesday will be to slam the door yet again on Canada’

Ontario To Up Inspections Of Big-Box Shops Amid 2021-01-17 18:45:08TORONTO — An enforcement blitz that uncovered numerous violations of COVID-19 prevention protocols across big-box retailers in the Greater Toron

The Best Cities To Move To Near Toronto, 2021-01-17 10:46:11Thinking of leaving Toronto? You’re not alone. The city’s soaring cost of living has been pushing young people out for years, and the pand

GM To Build Electric Delivery Vans At New 2021-01-16 12:38:55INGERSOLL, Ont. ― GM Canada says it has reached a tentative deal with Unifor that if ratified will see it invest $1 billion to transform its CAM

What My Job Caring For The Deceased Has 2021-01-15 17:34:23It’s just past two in the morning, and someone has died.My phone chimes and instructions from my dispatcher appear on the screen: a name, an add

Low Supply, High Demand Pushes Average Canadian House 2021-01-15 11:40:36Home sales in December hit an all-time record for the month to end what was also a record year, the Canadian Real Estate Association (CREA) said Frida

Canada's Biggest Cities Saw Fastest-Ever Exodus Of Residents, 2021-01-14 16:34:35Canada’s two largest metro areas have recorded their largest-ever outflow of residents according to new data from Statistics Canada, as a growin

Air Canada Lays Off 1,700 People, Reduces Capacity 2021-01-13 12:31:40MONTREAL ― Air Canada says it will cut 1,700 jobs as it scales down operations in response to a new wave of lockdown restrictions.The 25 per cen

Starbucks Canada To Close 300 Stores By March 2021-01-13 10:12:28TORONTO ― Starbucks says its plan to close up to 300 coffee shops across Canada will be complete by the end of March.The Seattle-based coffeehou

Ontario's New Lockdown Rules Allow Amazon, Costco, Walmart 2021-01-12 18:32:34One of the country’s most prominent business groups is criticizing Ontario’s new lockdown rules, which it says will allow big-box stores l

Ford Maintains Paid Sick Days Aren't Necessary In 2021-01-12 16:23:01TORONTO — Ontario Premier Doug Ford doubled down on his choice not to guarantee paid sick days to private sector workers Tuesday, even though on

A ‘Rational Bubble’? Why Your Home’s Value, Stocks 2021-01-10 09:01:19You may have noticed something strange is happening with the value of your investments these days: they’re rising fast in a time of crisis.With

CBC | Business News

Retail sales continue rebound, rising for 7 months 2021-01-22 08:57:06Retail sales have risen for seven months in a row and are now more than 5 per cent higher than they were before the COVID-19 pandemic began, Statistic

Florida cracks down on vaccine tourism, requires proof 2021-01-21 16:56:03Following news reports that out-of-state residents — including Canadians — are flocking to Florida to get the COVID-19 vacc

COVID-19 could shutter more than 200,000 Canadian businesses 2021-01-21 11:23:13More than 200,000 Canadian businesses could close permanently during the COVID-19 crisis, throwing millions of people out of work as the resurgence of

With Keystone XL back on the shelf, oilpatch 2021-01-21 04:00:00With U.S. President Joe Biden cancelling the permit for the Keystone XL pipeline, attention turns to the Trans Mountain expansion project — from

Little fear of rate hikes despite expected economic 2021-01-21 04:00:00Real estate industry and borrowers can likely count on low rates persisting as economy climbs out of deep hole, says central bank governor.

Economy hasn't hit bottom yet, but bounceback from 2021-01-20 11:43:20The Bank of Canada elected to keep its benchmark interest rate steady at 0.25 per cent on Wednesday, reiterating its pledge to keep it there "until t

Alberta premier calls Biden's XL cancellation a 'gut 2021-01-20 10:32:25U.S. President Joe Biden revoked the permit for Calgary-based TC Energy's Keystone XL pipeline after being sworn in as the 46th U.S. president on Wed

At 0.7%, 2020 was the weakest year for 2021-01-20 09:28:07Canada's inflation rate cooled to an annual rate of 0.7 per cent in December, down from an already low 1 per cent the month before.

Wattpad to be sold to South Korean internet 2021-01-19 19:57:44One of Canada's most prominent technology darlings is being sold to a South Korean internet conglomerate in a $600 million US deal.

Subway can proceed with $210M defamation suit against 2021-01-19 16:37:36A defamation lawsuit by the world's largest fast-food operator against Canada's public broadcaster over a report on the chain's chicken sandwiches

European aviation agency says 737 Max to be 2021-01-19 06:23:22The Boeing 737 Max will be green-lighted to resume flights in Europe next week, following nearly two years of reviews after the aircraft was involved

Why Kenney is having a rougher ride than 2021-01-19 04:00:00Prime Minister Justin Trudeau and Alberta Premier Jason Kenney both decided their governments would take ownership stakes in two different pipeline pr

Christian Science Monitor |

CEOs spurn Trump and his allies: How big 2021-01-15 17:40:40Corporations are spurning politicians who challenged 2020 election results. The moves impose a financial penalty – not least on Donald Trump.

US unemployment applications spike to highest since August 2021-01-14 16:59:38Layoffs are coinciding with an economy that has faltered as consumers avoid traveling, shopping, and dining out as confirmed COVID-19 cases rise. And

How young people are responding to the COVID-19 2021-01-13 11:18:10The pandemic has frustrated a generation young people looking to launch their careers. Against all odds, many have found innovative ways to join the l

In US-Mexico border towns, pandemic hits businesses especially 2021-01-05 17:35:00Pandemic restrictions have upended the connections that have long tethered businesses and consumers on both sides of the U.S.-Mexico border.

Why US stock markets closed out 2020 at 2020-12-31 17:17:00The S&P 500 and Dow Jones indexes hit record highs Friday in a volatile year that rebounded after big losses in March.

Boeing gets a boost as its 737 Max 2020-12-29 20:18:00American Airlines is the first of several carriers to put the previously grounded plane, now cleared by safety regulators, back in service.