Yoga wear giant Lululemon has struck a deal with smart exercise bike company Peloton that will see the two companies stop fighting on each other's turf and instead work together to sell gear, equipment and fitness classes. Lululemon will get out of the equipment business, while Peloton will stop trying …
Read More »Business World
Learn AI now or risk losing your job, experts warn
Most people in the workforce need to understand how to work with artificial intelligence or they will face the risk of losing their jobs, experts say. Employees across many sectors urged to take artificial intelligence seriously It's smart, efficient and gaining speed. In fact, you might be surprised to hear …
Read More »Canadians flock to Alberta in record numbers as population booms by 184,400 people
Alberta was home to 4.7 million people as of July 1, according to annual population estimates released by Statistics Canada on Wednesday — a little more than four per cent higher than the same time last year. Province sees highest annual net interprovincial gains ever recorded Alberta's population continues to …
Read More »Target closing 9 stores in U.S. due to growing theft problem
Target said Tuesday that it will close nine stores in four states, including one in New York City's East Harlem neighbourhood and three in the San Francisco Bay Area, saying that theft and organized retail crime have threatened the safety of its workers and customers. Violent incidents against workers at …
Read More »Are we voting with our wallets to overheat the planet?
Surveys of Canadians have repeatedly shown that a majority would choose to prevent the bad things caused by climate change. Politicians think we won't make sacrifices. Maybe we won't have to. Polls show we want to save the world from climate change but maybe not if it costs us A …
Read More »Government to review $8B takeover of Canadian-based grain-handling firm Viterra
The federal government says it plans to review the $8-billion sale of Canadian-based grain-handling firm Viterra to a foreign conglomerate. Competition Bureau already announced plans to review agribusiness merger The federal government says it plans to review the $8-billion sale of Canadian-based grain-handling firm Viterra to a foreign conglomerate. Viterra …
Read More »Government raising cap on mortgage bonds by $20B to spur rental construction
The federal government is making an additional $20 billion available through the Canada Mortgage Bond program to spur the construction of more rental units. Mortgage bonds are sold and proceeds used to buy insurance on residential loans The federal government is making an additional $20 billion in financing available for …
Read More »General Motors will be the next target in Unifor, Detroit 3 bargaining
General Motors will be the next target company for Unifor's bargaining with the Detroit Three automakers, national president Lana Payne announced Monday. Unifor's membership at Ford of Canada ratified a new three-year agreement on Sunday General Motors will be the next target company for Unifor's bargaining with the Detroit Three …
Read More »Canadian Ford autoworkers ratify Unifor deal with 54% approval
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 …
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 »