41 h. ago B.C. public service job action escalates with overtime ban at liquor warehouses

The union says the escalation expands the number of public service workers engaged in job action in B.C. to more than 6,000.

Other

43 h. ago RESCON: Lack of affordable homes is only part of the problem

Layoffs in the home building industry have already started, and Ontario has shed nearly 12,000 construction jobs over the last year When individuals and households that make six-figure incomes can’t afford to buy a home in the city where they work, it’s a problem. Sadly, that’s now the case in Greater Toronto and Hamilton Area […]

Culture

3 d. ago Not just the little guys: Lululemon feels the pain after death of de minimis

The Canadian athleisure company's shares have slumped 55% this year as it struggles with tariffs and the latest hit from the de minimis exemption

Events

4 d. ago AI could help manufacturers offset tariff costs, depending on implementation: experts

Manufacturing experts say there are specific ways integrating AI into the sector can help reduce costs and improve margins in the face of trade tensions, but note it won’t be a silver bullet. “When the U.S. charges a 25 per cent tariff, if you can drop the supply price by, let’s say 20 per cent […]

Economics

4 d. ago Novo Nordisk, maker of obesity drug Wegovy, to cut 9,000 jobs to sharpen focus, meet competition

FRANKFURT, Germany (AP) — Danish pharmaceutical company Novo Nordisk, maker of weight-loss drug Wegovy, said Wednesday it would cut 9,000 jobs, 5,000 of them in Denmark, in order to strengthen the company’s focus on growth opportunities in obesity and diabetes medications. The restructuring, which would eliminate 11% of the company’s workforce, aimed to reduce organizational […]

Other

4 d. ago Trump’s tariffs seen cutting into China sales of US companies, survey finds

BEIJING (AP) — Many U.S. companies operating in China expect their sales to take a hit this year from U.S. President Donald Trump’s tariffs and the ones that China has imposed in response, according to an annual survey released Wednesday by the American Chamber of Commerce in Shanghai. Nearly two-thirds of the 254 companies who […]

Economics

4 d. ago New data shows the US job market was much weaker than thought in 2024, and this year as well

WASHINGTON (AP) — The U.S. job market was much weaker in 2024 and early this year than originally reported, adding to concerns about the health of the nation’s economy. Employers added 911,000 fewer jobs than originally reported from April 2024 through March, the Labor Department reported Tuesday. The department issues the so-called benchmark revisions every […]

Other

8 d. ago Carney pauses electric vehicle mandate, announces new ‘buy Canadian’ policy

Carney's announcement comes amid a sluggish Canadian economy that shed 66,000 jobs in August

Transport

8 d. ago Hiring stalls in U.S. with companies reluctant to expand in an uncertain economic landscape

WASHINGTON — U.S. employers added just 22,000 jobs last month as the labour market continued to cool due to uncertainty over President Donald Trump’s economic policies. Hiring decelerated from 79,000 in July, the Labor Department said Friday, and came in below the roughly 80,000 economists had expected for August. The unemployment rate ticked up to […]

Economics

8 d. ago Unemployment rate climbed to 7.1% in August as economy lost 66,000 jobs

OTTAWA — The Canadian economy lost jobs for the second month in a row as the unemployment rate climbed to its highest level since May 2016, excluding the pandemic period. Statistics Canada said Friday the unemployment rate ticked up to 7.1 per cent in August, its highest level since August 2021, as the economy lost […]

Other

8 d. ago Unemployment rate hit 7.1% as Canada shed 66,000 jobs in August

Statistics Canada says unemployment in Canada climbed for the second straight month in August to 7.1 per cent from 6.9 per cent in July, while shedding 66,000 jobs last month.

Other

9 d. ago US employers likely added a modest 80,000 jobs last month, a sign that the labor market has cooled

WASHINGTON (AP) — When the Labor Department put out a disappointing jobs report a month ago, an enraged President Donald Trump responded by firing the economist in charge of compiling the numbers and nominating a loyalist to replace her. Nothing quite so dramatic is likely Friday when the department releases hiring and unemployment numbers for […]

Other

9 d. ago Canada to Stall Electric Vehicle Rules as Carney Seeks to Boost Auto Sector

Canada is delaying a plan to force automakers to hit minimum sales levels for electric vehicles by 2026, a concession to manufacturers in a sector that has been upended by tariffs.

Transport

1 week ago Carney Sends Envoys to DC After ‘Very Constructive’ Trump Call

Mark Carney said Canada and the US are in negotiations to resolve issues in tariff-hit sectors after a “very constructive” conversation with President Donald Trump on Monday evening.

Transport

1 week ago B.C. marks Labour Day as BCGEU prepares for Tuesday strike action

The B.C. General Employees Union (BCGEU) has issued strike notice, with up to 34,000 members set to start job action as early as 12:01 a.m. on Tuesday.

Other

1 week ago Canadian farmers weigh future as Chinese tariffs hit canola prices

China hit Canadian canola seed with a 75.8 per cent tariff. The duty is seen as a response to Canada's 100 per cent tariff on Chinese electric vehicles.

Economics

2 w. ago Canadian economy contracts 1.6% in Q2 as tariffs hit, StatCan says

OTTAWA — The Canadian economy contracted in the second quarter under the weight of U.S. tariffs, Statistics Canada said Friday. Real gross domestic product declined 1.6 per cent on an annualized basis in the second quarter thanks to a sharp drop-off in exports and business investment. That’s down from annualized growth of two per cent […]

Economics

2 w. ago ‘Hell No’: Shock $934 Bill Shows Tariff Pain to Hit US Shoppers

Days after ordering high-end computer parts, Chris Pawlukiewicz got an unpleasant surprise: a bill for $934 in tariffs he owed to US Customs and Border Protection.

Economics

2 w. ago US Tariffs Rattle Indian Exporters, Fueling Calls for Support

Indian exporters hit by President Donald Trump’s 50% tariff say they can’t survive without government support, as calls for relief grow.

Economics

3 w. ago Ontario loses 38,000 jobs as U.S. tariffs hit manufacturing sector

A new report published by the Financial Accountability Officer of Ontario found employment had dropped by 38,000 jobs in the province during the second quarter of the year.

Economics