Sears Canada to create fund for laid off employees who received no severance
Lawyers representing workers at Sears Canada and the company have reached a deal to create a hardship fund for former employees who were denied severance
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Canada & World
Canadian and international business news relevant to local business leaders here in Ottawa. Includes stories related to inflation, interest rates, employment, major government announcements and more.
Ontario business groups increase pressure on province over minimum wage hike
The Ontario government’s plan for major labour reforms would have significant side effects that would put 185,000 jobs at risk, a coalition of business groups
Engineering firm WSP makes $281M offer for New Zealand firm
WSP Global is moving to expand its engineering consulting business Down Under in a deal to acquire Opus International Consultants Ltd. valued at $280.5 million
Canada gives public a peek at its game plan ahead of critical NAFTA talks
Chrystia Freeland has given Canadians a peek at their government’s strategy as it prepares to go nose-to-nose with the country’s biggest trading partner in crucial
Five Canadian business stories to watch this week
Sold Below Asking? The Canadian Real Estate Association releases its latest monthly home sales data on Tuesday. Sellers, buyers and industry observers will be anxious
Battle to become one of five federal ‘superclusters’ attracts 50 competitors
The competition to become one of up to five government-designated technology “superclusters” and draw from a federal funding purse of $950 million has attracted more
Netflix Canada hikes prices as streaming competition ramps up, expenses rise
Watching your favourite shows on Netflix Canada just got a little more expensive. The popular video streaming service is hiking prices for new members effective
Canadian tech sector not immune to sexism and discrimination of Silicon Valley
The sexism displayed in a controversial missive written by a now-fired male Google engineer is alive and well in Canada’s tech sector, says one of
Toronto digital content hub Wattpad looks to propel creators to offline stardom
The Canadian online storytelling platform Wattpad has proven to be a popular hangout for passionate readers eager to embrace the work of new writers, particularly
McGill study finds small number of hosts account for majority of Airbnb revenues
New research suggests a small number of large commercial property owners are the most successful on Airbnb and are eating up the local supply of
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