Business
Eby pledges $300M towards 1,508-bed, $560M student housing project at UBC
By The Canadian Press on August 20th, 2024
VANCOUVER – The British Columbia government and the University of B.C. will partner to create housing for more than 1,500 students at the institution’s Vancouver campus, in the province’s largest ever student housing investment, Premier David Eby said Tuesday. The estimated $560 million project will be funded with $300 million from the province and $260 ... Read More »
Be the first to comment!S&P/TSX composite moves lower Tuesday, U.S. stock markets also down
By The Canadian Press on August 20th, 2024
TORONTO – Canada’s main stock index moved lower Tuesday after the latest report on inflation showed price growth easing, while U.S. markets were also lower. The S&P/TSX composite index closed down 78.95 points at 23,037.44. In New York, the Dow Jones industrial average was down 61.56 points at 40,834.97. The S&P 500 index was down ... Read More »
Be the first to comment!Canada Border Services Agency says airport customs systems outage resolved
By The Canadian Press on August 20th, 2024
OTTAWA – The Canada Border Services Agency says it has resolved a partial systems outage that affected customs processing at Canadian airports. The CBSA says in a post on X service has been restored but did not specify what caused the outage. The border agency apologized for any inconvenience it caused and thanked travellers for ... Read More »
Be the first to comment!S&P/TSX composite moves lower Tuesday, U.S. stock markets mixed
By The Canadian Press on August 20th, 2024
TORONTO – Canada’s main stock index moved lower Tuesday after the latest report on inflation showed price growth easing, while U.S. markets were mixed but also trending lower. The S&P/TSX composite index closed down 78.95 points at 23,037.44. In New York, the Dow Jones industrial average was up 0.03 points at 40,896.53. The S&P 500 ... Read More »
Be the first to comment!Ontario sets new planning rules intended to boost home building
By The Canadian Press on August 20th, 2024
OTTAWA – Ontario’s housing minister is announcing a new set of planning rules, which he says will help more homes get built in communities across the province. Paul Calandra announced the new Provincial Planning Statement today at the Association of Municipalities of Ontario conference, telling the municipal leaders in attendance that it will give them ... Read More »
Be the first to comment!Eby pledges $300M towards 1,508-bed student housing project at UBC
By The Canadian Press on August 20th, 2024
VANCOUVER – Premier David Eby says the province and University of British Columbia will partner to create housing for more than 1,500 students at the institution’s Vancouver campus. He says funding will involve $300 million from the province and $260 million from the university. The 1,508-bed project will include five buildings ranging from eight to ... Read More »
Be the first to comment!SkipTheDishes and Just Eat cut 800 jobs in Canada amid restructure
By Tara Deschamps, The Canadian Press on August 20th, 2024
TORONTO – About 800 Canadian employees are being laid off by SkipTheDishes and its parent company. Roughly 100 Canada-based workers will depart SkipTheDishes, the food delivery service’s chief executive Paul Burns revealed on LinkedIn on Tuesday. Meanwhile, some 700 staff members who work for its owner Just Eat Takeaway.com will also lose their jobs, he ... Read More »
Be the first to comment!At Democratic Convention, UAW head threatens strike against Stellantis over delayed plant reopening
By Tom Krisher, The Associated Press on August 20th, 2024
DETROIT (AP) – A high-profile spat between the United Auto Workers and Stellantis over reopening an Illinois factory complex has made its way into the race for U.S. president and could elicit a strike against the automaker. In a speech at the Democratic National Convention Monday night, union President Shawn Fain accused the company of ... Read More »
Be the first to comment!Rail strike could affect more than 32,000 commuters in Canada’s three biggest cities
By Christopher Reynolds, The Canadian Press on August 20th, 2024
MONTREAL – More than 32,000 rail commuters across the country will have to find new routes to the office if a work stoppage kicks off at Canadian Pacific Kansas City Ltd. this week. Transit authorities say select commuter lines that run on CPKC tracks in Toronto, Montreal and Vancouver will be suspended should dispatchers walk ... Read More »
Be the first to comment!Most Canadians have spotted deepfakes online, 23% see them weekly: study
By The Canadian Press on August 20th, 2024
TORONTO – A new study finds most Canadians have spotted deepfakes online and almost a quarter encounter them weekly. The research from Toronto Metropolitan University public policy organization The Dais reveals 60 per cent of people in the country have seen deepfakes. Deepfakes are digitally-manipulated images or videos depicting scenes that have not happened. The ... Read More »
Be the first to comment!Harris, Walz understand the Canada-U.S. relationship, ambassador says
By Kelly Geraldine Malone, The Canadian Press on August 20th, 2024
CHICAGO – Canada’s ambassador to the United States says she’s telling Americans about the important relationship between the neighbours as Democrats develop their foreign policy and build unity behind Vice-President Kamala Harris at the party’s national convention. Kirsten Hillman says she is talking with Democrats about how Canada makes the U.S. more resilient, secure and ... Read More »
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