Rising minimum wages could speed up automation, not relocations: labour leaders
Companies might not be able to dodge rising minimum wages by relocating even their most mobile workforces to lower wage provinces, but higher costs could
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The Canadian Press
TD Bank acquires Toronto artificial intelligence startup Layer 6 AI
Toronto-Dominion Bank is acquiring artificial intelligence startup Layer 6 AI for an undisclosed amount as financial services companies increasingly look to tap the technology’s potential.
Companies divided on raising prices or slashing benefits to handle wage hike
Signs announcing price increases and letters to employees slashing benefits have grown rampant in Ontario, revealing two very different approaches businesses have gravitated toward in
Rate hike argument builds as poll shows companies to hire, invest more
Canadian companies are more upbeat about the future than they were three months ago with firms planning to boost investment and to hire more workers,
CIBC acquires tech-savvy Wellington Financial
CIBC has signed a deal to acquire Wellington Financial as part of its plan to grow its business in the fast-moving technology sector. Financial terms
Five Canadian business stories to watch this week
Bank of Canada reveals business outlook The central bank’s quarterly survey of companies is released on Monday, and will hopefully provide a clearer picture of
Ontario premier accuses Tim Hortons’ founders’ children of bullying employees over minimum wage hike
The premier of Ontario lashed out at the children of Tim Hortons’ billionaire co-founders on Thursday for reducing the benefits of their employees in response
Air Transat and regulator sued over stranded planes in Ottawa
An air passenger rights advocate is suing the Canadian Transportation Agency and Air Transat over decisions related to incidents in Ottawa last summer that left
Employees at the Tim Hortons locations owned by the children of the co-founders of the franchise say they have reduced employee benefits and cut back
Canadian vehicle sales hit record high in 2017
Canadians last year purchased more than two million vehicles for the first time thanks to record sales of light trucks. DesRosiers Automotive Consultants Inc. said
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