OTTAWA — Statistics Canada is set to release fresh employment figures for November this morning. A Reuters poll of economists expects the unemployment rate ticked up to seven per cent last month with a forecast loss of 5,000 jobs. Royal Bank is calling for the unemployment rate to hold steady at 6.9 per cent with...
Category: Business
Statistics Canada to release November job figures ahead of Bank of Canada decision
OTTAWA — Statistics Canada is set to release fresh employment figures for November this morning. A Reuters poll of economists expects the unemployment rate ticked up to seven per cent last month with a forecast loss of 5,000 jobs. Royal Bank is calling for the unemployment rate to hold steady at 6.9 per cent with...
Critics question Saab’s offer to bring 10,000 aerospace jobs to Canada
OTTAWA — Critics are questioning the solidity of Saab’s pitch to deliver 10,000 jobs in Canada if it decides to set up shop here to assemble Gripen fighter jets. The Swedish company has said little about how it came to that number, making it hard to evaluate the offer. Saab spokesperson Jenny Gerdes said the...
Critics question Saab’s offer to bring 10,000 aerospace jobs to Canada
OTTAWA — Critics are questioning the solidity of Saab’s pitch to deliver 10,000 jobs in Canada if it decides to set up shop here to assemble Gripen fighter jets. The Swedish company has said little about how it came to that number, making it hard to evaluate the offer. Saab spokesperson Jenny Gerdes said the...
Joly says Stellantis getting a notice of default following production shift to U.S.
Industry Minister Mélanie Joly says Canada is serving Stellantis a notice of default after the automaker shifted some of its production to the United States. Stellantis announced in October it was moving planned production of its Jeep Compass from Brampton, Ont. to Illinois. Joly told the standing committee on international trade today the move breaches...
Joly says Stellantis getting a notice of default following production shift to U.S.
Industry Minister Mélanie Joly says Canada is serving Stellantis a notice of default after the automaker shifted some of its production to the United States. Stellantis announced in October it was moving planned production of its Jeep Compass from Brampton, Ont. to Illinois. Joly told the standing committee on international trade today the move breaches...
Sleep Country Canada charting revival of Bed Bath & Beyond next year
TORONTO — Sleep Country Canada Inc. is on the cusp of bringing back Bed Bath & Beyond. The mattress retailer confirms it has purchased the Canadian and U.K. rights to the houseware brand’s name and logos. It will relaunch the retailer with physical and online stores next year. The federal government’s trademark registry shows Bed...
No charges will be laid against civilian pilot who violated G7 airspace during summit
CALGARY — A wayward pilot whose actions forced officials to scramble four CF-18 Hornet fighter jets during the G7 leaders’ summit in Alberta earlier this year won’t be facing criminal charges. During the summit in June — which included leaders from Canada, the United States, France, Germany, Japan, the United Kingdom, Italy and the European...
No charges will be laid against civilian pilot who violated G7 airspace during summit
CALGARY — A wayward pilot whose actions forced officials to scramble four CF-18 Hornet fighter jets during the G7 leaders’ summit in Alberta earlier this year won’t be facing criminal charges. During the summit in June — which included leaders from Canada, the United States, France, Germany, Japan, the United Kingdom, Italy and the European...
Bryzgalski painting of snowshoers in striped coats star of HBC’s first online auction
TORONTO — The first in a series of online auctions to sell off Hudson’s Bay’s treasures closed Thursday with one Kuba Bryzgalski painting of snowshoers in striped coats going for $170,000 and a single bidder dropping $27,100 total on seven vintage point blankets. The purchases were some of the highlights of a frenetic sale Heffel...