Canadian autoworkers have voted to accept a new three-year contract with automaker Ford, according to Unifor. Unifor members accept new deal as American autoworkers continue strike action Canadian autoworkers have narrowly approved a new three-year contract with automaker Ford, according to Unifor. The union said that 54 per cent of …
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Soar program aims to lift Indigenous entrepreneurs to new heights
A new accelerator program called Soar aims to help five Indigenous entrepreneurs turn their already successful businesses into big-name brands and earn five times more revenue in just one year. Experts and business leaders say these success stories inspire others and help First Nations communities achieve economic independence. New business …
Read More »How higher oil prices could pump more money out of your wallet this fall
If the more bullish forecasts prove accurate, a return to triple-digit oil prices could be just around the corner, as Canadian consumers struggle to keep pace with sharply higher prices for many essentials, including food. Motorists could be paying even more to drive, on top of high costs for essentials …
Read More »The bad economic times have only just started
Growth has already slowed considerably. Job growth has moderated. Inflation remains stubbornly high. But the pain households are feeling today is only going to get worse. Is Canada already in a recession? We should get a good indication this week The Canadian economy is headed for a rough patch. Growth …
Read More »Moneris network outage causes widespread disruption of credit, debit payments
Credit- and debit-processing firm Moneris confirmed it experienced a network outage on Saturday, causing problems with customer payment terminals in several parts of Canada. Outage lasted 90 minutes, according to payment processing firm Credit- and debit-processing firm Moneris confirmed it experienced a network outage on Saturday amid widespread reports of …
Read More »Canada’s Ford autoworkers in line for minimum 15% pay raise over 3 years, union says
The union representing Ford Motor Co. of Canada workers, who are voting on a new collective agreement, says the three-year tentative contract includes a 10 per cent wage hike immediately, followed by increases of two per cent and three per cent in the remaining years. Unionized workers voting on tentative …
Read More »Bank on tense negotiations, Supreme Court decision if Alberta pursues its own pension plan
The rubber will hit the road around the issue of what constitutes Alberta's fair share of CPP assets. Rubber hits the road around what constitutes a fair share of the CPP's assets As Albertans weigh whether a provincial pension plan is a better alternative than staying with the almost 60-year-old …
Read More »Amazon to move to default ad-tier model for Prime Video
Amazon Prime Video users will see ads on shows and movies from early next year unless they subscribe to an ad-free tier that would cost more, the tech giant said on Friday. Move will take effect in 2024, Canadians can opt out of ads for a yet-to-be determined monthly fee …
Read More »Manufacturers say American autoworker strike could idle Canadian supplier plants
The ongoing strike by autoworkers at automotive plants in the United States will idle manufacturing plants in Canada in a matter of days, according to industry experts. UAW has threatened to expand strike action if no 'serious progress' in negotiations American autoworkers will strike at 38 more supplier plants as …
Read More »These authors say Open AI stole their books to train ChatGPT. Now they’re suing
The Authors Guild, a U.S. trade group for writers, filed the proposed class-action on Tuesday on behalf of 17 plaintiffs, including big literary names John Grisham, Jodi Picoult, Roxane Gay, Suzanne Collins, Doug Preston George R.R. Martin and Jonathan Franzen. The Authors Guild's proposed class action says writers should be …
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