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Business News

Union says it met with Canada Post for first time since mediator suspended talks

CBC Business News - 8 hours 13 sec ago

As the Canada Post strike involving more than 55,000 workers hit the 25-day mark, the union representing postal workers says it met with the Crown corporation and shared revisions to its latest proposal.

Categories: Business News

CN reaches tentative agreement with union representing mechanics, clerks

CBC Business News - 8 hours 27 min ago

Canadian National Railway has reached a tentative agreement with the union representing its mechanical workers and clerks, the company announced on Monday, just two weeks after workers voted to authorize a strike.

Categories: Business News

Federal government to table fall economic statement on Dec. 16

Financial Post TopStories - 10 hours 57 min ago
Concerns Ottawa will not meet its pledge to keep the deficit below $40.1 billion
Categories: Business News

Bets are high for another big cut by the Bank of Canada on Wednesday

Financial Post TopStories - 11 hours 37 min ago
Markets are pricing in a 50 basis-point cut to the policy rate
Categories: Business News

Oil prices lift slightly after Assad's ouster in Syria

CBC Business News - 12 hours 41 min ago

Investors took geopolitical tumult in their stride on Monday, leaving oil and gold modestly higher while the U.S. dollar edged up ahead of inflation data this week that could cement a December rate cut by the U.S. Federal Reserve.

Categories: Business News

Chrystia Freeland to present her fall economic update on Dec. 16

CBC Business News - 12 hours 49 min ago

Finance Minister Chrystia Freeland will table her much-anticipated fall economic update next week — a document that will give Canadians a look at the federal books at a time of great economic uncertainty.

Categories: Business News

Posthaste: Why top economists are changing their Bank of Canada rate cut forecast

Financial Post TopStories - 16 hours 44 min ago
Scotiabank and BMO join pack calling for 50-bps interest rate cut
Categories: Business News

As Canada Post strike drags on, frustration mounts over 'prohibitive' courier costs

CBC Business News - 20 hours 49 min ago

With the Canada Post strike now in its fourth week, some Canadians say they're frustrated with major courier companies like FedEx, UPS and Purolator that they've turned to as alternatives.

Categories: Business News

Calgary's unemployment rate is trending higher than Canada's — but it's not because of layoffs

CBC Business News - 20 hours 49 min ago

Calgary's unemployment rate is trending higher than the national average — but it's not about layoffs.

Categories: Business News

He thought his car's crash-prevention technology would make him safer. Now he no longer trusts it

CBC Business News - 20 hours 49 min ago

Last month, CBC News reported on a Quebec man who blamed the lane-centring technology in his car for causing an accident. Following the story, CBC received more than two dozen emails reporting similar concerns, including one about repeated braking issues out of Ontario.

Categories: Business News

Why work-life balance still isn't working for women, especially moms

CBC Business News - Sun, 2024-12-08 01:04

A new poll provides fresh numbers to illustrate what many exhausted working women have been reporting for decades — work-life balance isn't exactly working out for them. The U.S. report that mirrors Canadian data suggests competing demands of work and home are part of the problem. 

Categories: Business News

A huge hack of U.S. phone companies means your text messages may not be safe

CBC Business News - Sat, 2024-12-07 01:00

After a massive cyberattack on U.S. telecom firms and dozens of countries by a hacker group backed by China, security experts are worried about communication networks and even the privacy of text messaging for individual citizens.

Categories: Business News

Small business workarounds drying up as Canada Post strike enters week four

Financial Post TopStories - Fri, 2024-12-06 13:19
'It's one thing after another; the question is what will end up taking you down'
Categories: Business News

Where the heck is my wedding dress? And other burning questions about the Canada Post strike

Financial Post TopStories - Fri, 2024-12-06 12:42
With the holidays fast approaching, the number of parcels that remain unprocessed continues to grow
Categories: Business News

With Canada Post on strike, these mail-strike hustlers are picking up deliveries

CBC Business News - Fri, 2024-12-06 11:49

With Canada Post employees are on strike, some Canadians have started side hustles making deliveries to supplement income.

Categories: Business News

50 bps Bank of Canada rate cut 'seems more likely': Economists on the jobs numbers

Financial Post TopStories - Fri, 2024-12-06 08:36
This is the last major data before the central bank decides on interest rates next week
Categories: Business News

Canada pressured to respond to Trump's planned tax cuts

Financial Post TopStories - Fri, 2024-12-06 07:22
Trump has proposed slashing the corporate tax rate to 15 per cent
Categories: Business News

Jobless rate reaches 6.8% in November, highest since 2017, excluding pandemic

CBC Business News - Fri, 2024-12-06 06:18

Canada's unemployment rate jumped to 6.8 per cent last month as more people looked for work in a weak job market, shifting expectations toward a jumbo interest rate cut next week.

Categories: Business News

Canada Post strike-induced backlog has Purolator, UPS pausing shipments

Financial Post TopStories - Fri, 2024-12-06 06:14
A notice sent from eShipper says "no shipments will be processed or moved by these carriers" for 48 hours
Categories: Business News

Purolator, UPS pause shipments from couriers amid backlog from Canada Post strike

CBC Business News - Fri, 2024-12-06 06:04

Amid an influx of packages that would normally be sent through Canada Post, Purolator and UPS have paused shipments from some courier companies in order to catch up. 

Categories: Business News
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