How deep is too deep when adding debt to keep operating became all the more pressing for restaurants and other businesses in Toronto, Ottawa and Peel region on Friday as the Ontario government announced a set of new restrictions to tamp down a massive surge of COVID-19 cases in what has become the province’s three main hot spots.Read more
It took only hours for September’s sparkling job numbers to become yesterday’s news.
Friday morning that employment had jumped by a greater-than-expected 378,000 positions last month. The jobless rate had also fallen to nine per cent, high but far lower than May’s peak of 13.7 per cent.Read more
In what’s being described as a landmark ruling for employment law, the Supreme Court of Canada ruled that employees are still entitled to bonuses paid during their reasonable notice periods after they have lost their jobs.Read more
Walmart Canada announced Friday that it will hire 10,000 new “associates” immediately as it expands its Canadian operations and e-commerce network.
Beyond cashiers, greeters and store workers, the retail giant needs to hire e-commerce workers to man warehouses, pick items for online orders and drivers to deliver those orders.Read more
Canada’s economy added 378,200 jobs in September, more than double the median forecast, on a broad-based pickup in hiring.
It was a fifth-straight month of gains, and means the labor market has now recovered three quarters of the 3 million positions lost during March and April.Read more
When it comes to investing in Canada’s timber and lumber sector, it sometimes can be hard to tell the forest from the trees.
Today, lumber prices are soaring, having peaked in early September at nearly US$955 per thousand board feet, a record high and about 82 per cent above the previous peak in 2018, according to Random Lengths, which looks at a basket of different varieties across North America.Read more