Business
Canadian workers say they face barriers amid growing union push at Starbucks
By Rosa Saba, The Canadian Press on November 23rd, 2022
Unionization among Canadian Starbucks employees is starting to gain traction, organizers say, but much like their U.S. counterparts, workers face barriers and alleged anti-union activity by the coffee giant. More than a year before the recent wave of Starbucks unionization in the U.S. began, a store in Victoria unionized with the United Steelworkers in August ... Read More »
Be the first to comment!B.C. auditor highlights costs of 2021 disasters, pandemic relief payments
By The Canadian Press on November 22nd, 2022
VICTORIA – An annual report from British Columbia’s auditor general says the province is owed millions by people who were ineligible for COVID-19 relief grants and that the government will spend billions on recent weather-related disasters. Auditor general Michael Pickup says the report draws attention to the spending as significant, but it doesn’t identify problematic ... Read More »
3 responsesAlimentation Couche-Tard sees earnings rise on gas sales in latest quarter
By The Canadian Press on November 22nd, 2022
LAVAL, Que. – Canadian convenience store giant Alimentation Couche-Tard reported earnings for the second quarter ended Oct. 9 were up 16.6 per cent. Net earnings for the quarter were $810.4 million, or 79 cents per diluted share, up from $694.8 million or 65 cents per diluted share a year earlier. The Quebec-based company says its ... Read More »
3 responsesS&P/TSX composite index closes up on oil prices, U.S. markets also rise
By The Canadian Press on November 22nd, 2022
TORONTO – Canada’s main stock index was up nearly 250 points Tuesday, swept up by a reversal in oil prices and broad-based gains, while U.S. markets also rose. The S&P/TSX composite index was up 242.88 points at 20,220.01. In New York, the Dow Jones industrial average was up 397.82 points at 34,098.10. The S&P 500 ... Read More »
2 responsesYoung Canadians look to splurge on gifts this holiday season, cut other costs
By Caitlin Yardley, The Canadian Press on November 22nd, 2022
MONTREAL – Young Canadians feeling the pinch of inflation want to splurge on holiday gifts for loved ones – so they’re cutting back on other festive costs instead. Despite the high cost of living, retail experts say the younger generations are the most likely to splurge on presents this year. “They’re really looking forward to ... Read More »
3 responsesSupreme Court OKs handover of Trump tax returns to Congress
By Mark Sherman, The Associated Press on November 22nd, 2022
WASHINGTON (AP) – The Supreme Court on Tuesday cleared the way for the imminent handover of former President Donald Trump’s tax returns to a congressional committee after a three-year legal fight. The court, without comment, rejected Trump’s plea for an order that would have prevented the Treasury Department from giving six years of tax returns ... Read More »
3 responsesLoblaw bargaining standoff a sign of heightened labour tension: expert
By Rosa Saba, The Canadian Press on November 22nd, 2022
A labour expert says the tense bargaining between Loblaw and its distribution workers in Calgary is emblematic of the wider labour movement in 2022 amid the effects of the pandemic and rising inflation. The Teamsters Local Union 987 of Alberta says almost all of the 534 unionized workers at a Calgary distribution centre for Loblaw ... Read More »
Be the first to comment!Canada’s tourism spending may recover sooner than expected: Destination Canada
By The Canadian Press on November 22nd, 2022
VANCOUVER – Tourism spending in Canada is expected to recover sooner than previously anticipated. Destination Canada published its latest tourism outlook today, which says it predicts tourism spending to recover to 2019 levels by 2024, up from 2025 as predicted last spring. The government organization says that Canada’s domestic travel market spending is recovering at ... Read More »
Be the first to comment!Nigeria drills for oil in new field as theft erodes earnings
By Chinedu Asadu, The Associated Press on November 22nd, 2022
ABUJA, Nigeria (AP) – Nigeria on Tuesday began drilling oil and natural gas in the country’s northern region, anticipating a boost to the nation’s finances even as the new energy supplies face the threat from theft and extremist activity. President Muhammadu Buhari flagged off the drilling within Kolmani oil field in northeast Gombe and Bauchi ... Read More »
1 responseRussia’s Gazprom threatens Europe gas cuts through Ukraine
By Stephen Mcgrath, The Associated Press on November 22nd, 2022
Russian energy giant Gazprom has threatened to reduce natural gas supplies through the last pipeline heading to Europe via Ukraine, saying the amount it’s supplying for Moldova is not ending up in the former Soviet republic. Gazprom says the gas company of Europe’s poorest country, Moldovagaz, paid for part of its November flows of gas ... Read More »
1 responseLabour groups allege workers at Canadian Tire supplier factories paid poverty wages
By The Canadian Press on November 22nd, 2022
OTTAWA – Canadian labour groups have filed a complaint with a federal corporate watchdog saying Canadian Tire failed to ensure workers in its South Asian supplier factories are paid a living wage. The Canadian Labour Congress and the United Steelworkers Union filed the complaint with the Canadian Ombudsperson for Responsible Enterprise on Monday. They allege ... Read More »
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