Another day, another extreme cold warning in Toronto. "A multi-day episode of very cold wind chills is expected," warns the news release from Environment Canada. "2017 is about to end with the coldest air of the year. A fresh surge of record-breaking Arctic air is forecast to encompass the entire...
Canadian employers project the national average base salary to increase by 4.2 per cent next year, a new survey says. According to the report by consulting firm Eckler Ltd., the forecast comes as organizations try to balance inflationary pressures, surging interest rates, recession risks and a tight labour market. British Columbia,...
The largest cryptocurrency, bitcoin, surged to a record high of over $44,000 on Monday following the news that Tesla has invested $1.5 billion in the digital asset and expects to start accepting it as payment. Bitcoin soared fifteen percent to trade at $44,141, closing in on an all-time high reached...
Sometimes being a landlord is a bit like being a job interviewer or on a blind date. The job interviewer landlord wants to make sure that the interviewee can actually work well with the company -- background checks, security deposit, personal references, check-ups on past addresses, last employer. The...
B.C. plans to raise its minimum wage by 2.96%, or $0.45, to $15.65 per hour, on June 1, Labour Minister Harry Bainssaid today. He explained that the province's Fair Wages Commission travelled the province, consulting businesses and other stakeholders, and recommended the increase, which was based on a 2.8% inflation...
The new year brings with it tax changes at the federal level that will affect just about every Canadian, as well as small businesses. One of the first changes workers will see is an increase in Canada Pension Plan premiums coming off their paycheques — the first of five years...
Woman gets $284 billion electric bill, wonders whether it’s her Christmas lights. Mary Horomanski checked her online account this month and found she owed $284 billion to the electric company—a fortune worth more than the national debts of Hungary and South Africa combined, the Erie Times-News reported. The 58-year-old thought putting...
Prices across the country rose at their fastest annual rate in a decade last month, with the promise of similar numbers through to the fall as the national economic reopening from pandemic measures allows consumers to spend more freely . Statistics Canada said the 3.6-per-cent increase in the consumer price...
The real estate board representing Canada's largest housing market is predicting the peak may be in the rear view for Toronto after buying activity fell further from record levels in June. There were 11,106 property sales last month across the Greater Toronto Area (GTA), according to data released by the...
American Airlines (AAL) – American’s stock is surging more than 40% in premarket trading after a better-than-expected fourth quarter. The airline lost $3.86 per share, less than the anticipated loss of $4.11, and revenue came in above analyst forecasts. American did post an $8.9 billion annual loss for 2020...