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Alberta urged to remove hurdles to turning dormant oil wells into 'major' opportunity

Mon, 04/26/2021 - 05:00

Repurposing dormant oil and gas sites in Alberta for use in alternative energy could be a "major" economic opportunity, according to a new report.

Federal government set to intervene as Port of Montreal heads toward another strike

Sun, 04/25/2021 - 11:47

The prospect of another strike at the port — just seven months after the previous one — has alarmed businesses and politicians alike.

Vaccine hunting? These volunteers want to help; Rogers blames update for outage: CBC's Marketplace Cheat Sheet

Sun, 04/25/2021 - 06:00

CBC's Marketplace rounds up the consumer and health news you need from the week.

Cancelling internships during pandemic hurts businesses as much as students

Sun, 04/25/2021 - 01:00

If Canadian businesses are unwilling to give students the experience needed to succeed in their industry, they won't be able to find the young and highly skilled workers the economy is going to need as we emerge from the pandemic, writes Ethan Gilhula.

Peel Public Health partially closes 2 Amazon fulfilment centres to control COVID-19 outbreaks

Sat, 04/24/2021 - 09:30

Peel Public Health announced on Saturday that it has partially closed two Amazon fulfilment centres to control COVID-19 outbreaks.

Alberta halts all coal exploration in Foothills and Rockies during consultation

Fri, 04/23/2021 - 13:50

Citing responses to an online survey, the Alberta government is pausing coal exploration on Category 2 lands in the Foothills and Rocky Mountains, at least until the completion of an ongoing public consultation.

Shrinking warehouse space in high demand due to pandemic-era online shopping

Fri, 04/23/2021 - 11:26

A boom in online shopping during the COVID-19 pandemic is making it tough to find warehouse space in many provinces, industry insiders say.

EU to strike world's largest vaccine deal with Pfizer

Fri, 04/23/2021 - 09:30

The European Commission says it expects to seal the world's biggest vaccine deal within days, buying up to 1.8 billion doses of Pfizer-BioNTech's COVID-19 vaccine over the next two years.

Too good to be true — or too late? Here's what parents think of Ottawa's new child care plan

Fri, 04/23/2021 - 01:00

The Liberals' plan to reduce child care costs could be a game-changer for some parents who have dropped out of the workforce during the pandemic — and before. But other parents say they can't afford to wait for the plan to be put in motion.

From diapers and mattresses to a can of Coke: Why price tags are climbing

Fri, 04/23/2021 - 01:00

Businesses and manufacturers in many different industries are experiencing rising costs mainly because of commodity prices. The pandemic is playing a role, both squeezing supply chains and shifting consumer demand.

Crude-by-rail exports fall 43% to 111,900 bpd in February, says regulator

Thu, 04/22/2021 - 11:29

The Canada Energy Regulator says Canadian crude-by-rail exports fell by 43 per cent in February compared with the previous month.

Why tougher quarantines and screening might be better than an India flight ban to stop COVID-19 variants

Thu, 04/22/2021 - 11:18

The discovery of a new coronavirus variant in India has ignited calls to halt flights to Canada from the country. But some health experts argue that targeting specific countries won't stem the tide of COVID-19 and say tougher screening and quarantine for arriving air passengers would be more effective.

Bank of Canada offers fresh hints that interest rates will rise next year as economy surges

Thu, 04/22/2021 - 01:00

An unexpectedly strong global growth prediction of nearly 7 per cent in 2021 means the Bank of Canada has begun cutting back on monetary stimulus, with Tiff Macklem forecasting that the central bank's low, low rate will end in 2022 as the Canadian economy bounces back.

U.S. airline JetBlue expands into Canada for the 1st time

Wed, 04/21/2021 - 12:24

U.S. low-cost airline JetBlue is coming to Canada for the first time, with flights into Vancouver scheduled for the summer of next year.

Bank of Canada keeps benchmark rate at record low but economic outlook brightens

Wed, 04/21/2021 - 07:16

The Bank of Canada opted to keep its benchmark interest rate steady at its record-low level Wednesday even as it revised its growth estimates up significantly.

Canada's annual inflation jumped in March due to plunge in prices last year

Wed, 04/21/2021 - 05:58

Statistics Canada says the annual pace of inflation jumped higher in March due in large part to a plunge in prices a year ago, at the start of the pandemic.

What happened at Rogers? Day-long outage is over, but questions remain

Tue, 04/20/2021 - 12:45

A day after a software error wiped out wireless services for thousands of Rogers customers across Canada for most of the day, consumers, telecom executives and critical public services still have questions about what exactly happened and how it can be avoided in the future.

Bidding war erupts in railway world as CN outbids CP for Kansas City Southern

Tue, 04/20/2021 - 05:46

Canadian National Railway Co. is trying to buy U.S. railway Kansas City Southern out from under the nose of rival Canadian Pacific, which launched a takeover offer of its own for the U.S. carrier last month.

Highlights of budget 2021: Billions for green economic growth, healthier Indigenous communities

Mon, 04/19/2021 - 13:25

Highlights of the 2021 federal budget.

Liberals promise $30 billion over five years to create national child care system

Mon, 04/19/2021 - 13:12

After decades of broken promises and half measures on child care, Finance Minister Chrystia Freeland announced today the federal government will invest roughly $30 billion over five years to help offset the cost of early learning and child care services.


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