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Canada adds 45,000 jobs in June, mainly part time

Canada’s economy added another 45,000 jobs in June, bumping the unemployment rate down to 6.5 per cent. Statistics Canada reported Friday that most of the new jobs were part time. There were 37,000 new part-time jobs and about 8,000 new full time jobs created during the month, the data agency …

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What happens to loonie after Bank of Canada hikes rates?

If you’re planning a summertime trip to the U.S., keep a close eye on the loonie next Wednesday. That’s when the Bank of Canada is widely expected to increase interest rates, a move that generally attracts foreign investment and boosts demand for a currency, pushing that currency’s value higher. The …

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Molson Coors to build new brewery in greater Montreal area

​Molson Coors has announced it will be building a brand new brewery in the greater Montreal region rather than modernize the building where it’s been brewing beer for the last 231 years. Wednesday’s announcement comes exactly two years after the company launched a feasibility study looking into operations in the …

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Stampede parties no longer fuelled by oilpatch bonanza

Oilpatch Stampede parties can be a barometer of the health of the energy sector in Calgary: Are they excessive with free-flowing booze and name-brand bands? Or are they quieter events for clients and investors, or cancelled altogether? If 2016 marked the bottom of the cycle, this year’s party circuit is …

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Tallying U.S. President Donald Trump’s legal wins and losses

Donald Trump is clearly no stranger to legal battles, given his high-profile businesses and now because of his presidential policies. Before he became U.S. president, he and his businesses had been involved in at least 3,500 legal actions over three decades — about evenly divided between lawsuits filed by him …

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