Business
Pearson Airport turns to bolstered staffing, tech improvements to reduce travel chaos
By The Canadian Press on May 8th, 2023
TORONTO – The Greater Toronto Airports Authority says it’s well-prepared for the summer travel season at Toronto Pearson International Airport thanks to bolstered staffing and technological improvements following widespread delays and cancellations that travellers experienced last year. The airport authority says it has hired 130 new staff to help handle critical areas such as busing, ... Read More »
Be the first to comment!Lawsuit: Yellen should ignore ‘unconstitutional’ debt limit
By Christopher Rugaber And Fatima Hussein, The Associated Press on May 8th, 2023
WASHINGTON (AP) – A union of government employees on Monday sued Treasury Secretary Janet Yellen and President Joe Biden to try to stop them from complying with the law that limits the government’s total debt, which the lawsuit contends is unconstitutional. The lawsuit comes just weeks before Yellen has warned that the government could default ... Read More »
Be the first to comment!US to propose new rules for airline cancellations, delays
By David Koenig, The Associated Press on May 8th, 2023
The Biden administration is working on new regulations that would require airlines to compensate passengers and cover their meals and hotel rooms if they are stranded for reasons within the airline’s control. The White House said President Joe Biden and Transportation Secretary Pete Buttigieg would announce the start of the rulemaking process Monday. The rulemaking ... Read More »
Be the first to comment!Stock market today: Wall Street steadies, bank stocks rise
By Elaine Kurtenbach And Matt Ott, The Associated Press on May 8th, 2023
NEW YORK (AP) – Wall Street is holding relatively steady coming off its worst week in nearly two months as stocks of several beaten-down banks rally. The S&P 500 and the Dow were little changed and the Nasdaq composite was barely lower early Monday. Besides a strong reading on U.S. jobs, which calmed worries about ... Read More »
Be the first to comment!Enbridge names Patrick Murray as CFO, Vern Yu moving to be CEO at AltaGas
By The Canadian Press on May 8th, 2023
CALGARY – Enbridge Inc. has announced the appointment of Patrick Murray as its new chief financial officer, effectively July 1. Murray, will succeed Vern Yu, who is leaving the company to become president and chief executive of AltaGas Ltd. Murray is currently senior vice-president and chief accounting officer at Enbridge. He joined the company in ... Read More »
Be the first to comment!Alberta officials say cooler weather and showers help in battle against wildfires
By Rob Drinkwater and Ritika Dubey, The Canadian Press on May 7th, 2023
EDMONTON – Cooler temperatures and a bit of rain were delivering some relief for firefighters as they continued to battle wildfires that threaten communities in northern Alberta, but provincial officials warned the reprieve was only in some areas and lightning is sparking some new blazes. “People have called this season certainly unprecedented in recent memory ... Read More »
Be the first to comment!Corrective to May 5 story on new Enbridge tolling deal
By The Canadian Press on May 7th, 2023
In a May 5 story about Enbridge’s tolling deal for its Mainline pipeline system, The Canadian Press reported that the Trans Mountain expansion project is to increase that pipeline’s capacity from 590,000 barrels per day to a total of 890,000 barrels per day. In fact, the Trans Mountain expansion project is to increase the pipeline’s ... Read More »
Be the first to comment!Alberta officials hoping cooler weather and showers slow wildfires
By The Canadian Press on May 7th, 2023
EDMONTON – Cooler temperatures and a bit of rain are expected to deliver some relief for firefighters as they continue to battle wildfires that threaten communities in northern Alberta, but provincial officials warn the reprieve isn’t expected to last long and lightning is sparking additional blazes. Electric transmission company AltaLink posted on Twitter late Saturday ... Read More »
Be the first to comment!Halifax ocean tech hub buoys firms tackling everything from climate change to defence
By Brett Bundale, The Canadian Press on May 7th, 2023
HALIFAX – It started as a Coast Guard facility, two aging brick buildings on the Dartmouth side of Halifax Harbour. Today, they’ve been updated with modern steel-grey siding, a nod to the nearby sea and the site’s new purpose as the Centre for Ocean Ventures and Entrepreneurship, or COVE. Along a wharf that once moored ... Read More »
Be the first to comment!High costs putting farming out of reach for young people, affecting all Canadians
By Jacob Serebrin, The Canadian Press on May 7th, 2023
MONTREAL – When Myriam Landry started raising goats for their meat in 2018, she started small – because she had to. She opened Chèvrerie aux Volets Verts, in St-Esprit, Que., with two goats; she couldn’t afford a large herd and chose animals small enough that she could handle on her own while pregnant with her ... Read More »
Be the first to comment!Employee turnover causes ripple effect, leads to more departures, UBC research finds
By Brieanna Charlebois, The Canadian Press on May 7th, 2023
VANCOUVER – Employers vastly underestimate the impact of workers leaving an organization on staff left behind with a different workplace dynamic, leading to even more turnover, a new report says. University of British Columbia’s Sauder school of business associate professor Sima Sajjadiani co-authored the study that found employee exits, through termination, layoffs or by voluntary ... Read More »
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