Canada + Economy

Some hydro customers say billing change punishes them for conserving energy

Some hydro customers say billing change punishes them for conserving energy

Lately, Ottawa resident Johan Hamels has been working hard to cut his electricity consumption. Now he's learned that all his efforts may be for naught: come the new year, on the distribution portion of the Hyd…

Web.com opens new customer-service centre in New Glasgow

Web.com opens new customer-service centre in New Glasgow

Florida-based Web.com has officially opened a New Glasgow digital customer service centre, its third…

Bowman remains mum on growth-fee timeline

Bowman remains mum on growth-fee timeline

Mayor Brian Bowman remained mum about the future of Winnipeg's proposed growth-fee plan when he was …

Latest News

  • Some hydro customers say billing change punishes them for conserving energy
    Some hydro customers say billing change punishes them for conserving energy

    Lately, Ottawa resident Johan Hamels has been working hard to cut his electricity consumption. Now he's learned that all his efforts may be for naught: come the new year, on the distribution portion of …

    Some hydro customers say billing change punishes them for conserving energy

    Lately, Ottawa resident Johan Hamels has been working hard to cut his electricity consumption. Now he's learned that all his efforts may be for naught: come the new year, on the distribution portion of the Hydro Ottawa bill, those who use more electricity will be getting a break, while he will probably be paying more. …

  • What's next for Pacific NorthWest LNG project? 4 questions answered

    Prime Minister Justin Trudeau and his cabinet colleagues signed off on one of the largest energy infrastructure projects in this country's history this week, but now attention turns to whether shovels …

    Prime Minister Justin Trudeau and his cabinet colleagues signed off on one of the largest energy infrastructure projects in this country's history this week, but now attention turns to whether shovels will ever actually hit the ground to build the Pacific NorthWest LNG terminal. The government demanded 190 legally binding …

  • Web.com opens new customer-service centre in New Glasgow
    Web.com opens new customer-service centre in New Glasgow

    Florida-based Web.com has officially opened a New Glasgow digital customer service centre, its third Nova Scotia operation. "Team Nova Scotia just got a little bigger,"  Web.com executive vice-president …

    Web.com opens new customer-service centre in New Glasgow

    Florida-based Web.com has officially opened a New Glasgow digital customer service centre, its third Nova Scotia operation. "Team Nova Scotia just got a little bigger,"  Web.com executive vice-president Vikas Rijsinghani told the first 70 hires at an opening event in New Glasgow on Wednesday. "You'll be joining another …

  • Laurentian Bank to cut 300 jobs

    The Laurentian Bank of Canada announced late Wednesday afternoon it will cut 300 jobs as it merges 50 branches over the next 18 months. The bank says the majority of jobs to disappear will be cut through …

    The Laurentian Bank of Canada announced late Wednesday afternoon it will cut 300 jobs as it merges 50 branches over the next 18 months. The bank says the majority of jobs to disappear will be cut through attrition, not through layoffs. As of July 31, there were 148 branches and 3,631 full-time employees under the Laurentian …

  • TSX and loonie higher as oil climbs on OPEC deal

    An agreement by OPEC to cut oil production helped push oil prices, along with the loonie and the S&P/TSX Composite Index, higher on Wednesday.

    An agreement by OPEC to cut oil production helped push oil prices, along with the loonie and the S&P/TSX Composite Index, higher on Wednesday.

  • Oil surges 6% on OPEC agreement, but analysts skeptical of sustained rally

    Oil prices surged as much as six per cent Wednesday on news that OPEC had reached an agreement to limit production, but analysts remained cautious about the prospect of a sustained rally. "I think it's …

    Oil prices surged as much as six per cent Wednesday on news that OPEC had reached an agreement to limit production, but analysts remained cautious about the prospect of a sustained rally. "I think it's a big surprise to everybody," said Martin King, vice-president of institutional research with Calgary-based FirstEnergy …

  • Renovation boom underway, CMHC says, as empty nesters need more space for adult chicks

    On the whole, Ontario's housing stock is aging. Roughly 57 per cent of all the homes in the province have been constructed since 1980, and those almost 40-year-old homes are in need of a few licks of paint …

    On the whole, Ontario's housing stock is aging. Roughly 57 per cent of all the homes in the province have been constructed since 1980, and those almost 40-year-old homes are in need of a few licks of paint — or more. "Existing homeowners and landlords looking to sell or rent existing space have undertaken more renovation …

  • Bowman remains mum on growth-fee timeline

    Mayor Brian Bowman remained mum about the future of Winnipeg's proposed growth-fee plan when he was questioned about the controversial proposal on the floor of council on Wednesday morning. Russ Wyatt …

    Bowman remains mum on growth-fee timeline

    Mayor Brian Bowman remained mum about the future of Winnipeg's proposed growth-fee plan when he was questioned about the controversial proposal on the floor of council on Wednesday morning. Russ Wyatt asked Bowman when Winnipeg will see "a balanced, well-thought-out" growth-fee policy that will replace the widely disliked plan …

  • BlackBerry to outsource smartphone manufacturing from now on

    BlackBerry will stop manufacturing the hardware for its smartphones and instead outsource that to partners, the Waterloo, Ont.-based company said on Wednesday as it reported another loss and sharp drop …

    BlackBerry will stop manufacturing the hardware for its smartphones and instead outsource that to partners, the Waterloo, Ont.-based company said on Wednesday as it reported another loss and sharp drop in revenue. Shares of BlackBerry gained more than five per cent on the Toronto Stock Exchange following the announcem …

  • Quebec ready to help Ubisoft in case of hostile takeover

    Ubisoft, best known for its Assassin's Creed series, employs at least 2,700 people in Quebec, and Montreal is its largest studio worldwide. The Globe and Mail reported on Sept. 26 that Ubisoft asked for …

    Ubisoft, best known for its Assassin's Creed series, employs at least 2,700 people in Quebec, and Montreal is its largest studio worldwide. The Globe and Mail reported on Sept. 26 that Ubisoft asked for the government's help to fend off a potential shareholder takeover by French media company Vivendi. Ubisoft will hold …

  • AYR Motor Express sues Ottawa over foreign worker ban

    AYR Motor Express is suing the federal government for banning the Woodstock-based trucking company from the temporary foreign worker program over what it considers a grossly unfair decision that has cost …

    AYR Motor Express sues Ottawa over foreign worker ban

    AYR Motor Express is suing the federal government for banning the Woodstock-based trucking company from the temporary foreign worker program over what it considers a grossly unfair decision that has cost the company hundreds of thousands of dollars. In a letter to the company on July 21, Mihychuk wrote "I have concluded …

  • Wall Street reacts to Trump with a shrug despite pro-business bluster

    Donald Trump is running for president on the premise that his business acumen makes him the best man for the job, but reaction from the business community Tuesday suggests that's far from the consensus …

    Donald Trump is running for president on the premise that his business acumen makes him the best man for the job, but reaction from the business community Tuesday suggests that's far from the consensus view. Ordinarily, pronouncements like that would be music to the ears of a Wall Street audience. "U.S. stocks ended higher …

  • Hanna fearful of 'ghost town' future as Alberta quits coal

    The town of Hanna has started to feel the impact of Alberta's collapsing coal industry. As the provincial government moves ahead with plans to phase out coal-fired power plants, the community faces an …

    Hanna fearful of 'ghost town' future as Alberta quits coal

    The town of Hanna has started to feel the impact of Alberta's collapsing coal industry. As the provincial government moves ahead with plans to phase out coal-fired power plants, the community faces an uncertain future. The local coal mine employs 60 to 80 people, and the nearby coal-fired power station employs another …

  • Drug industry bad boy Martin Shkreli auctions off right to punch his face

    Martin Shkreli, the bad boy of the U.S. pharmaceuticals industry due to his jacking up of prescription drug prices, says he'll let someone punch him in the face — for a donation. Shkreli, who is scheduled …

    Martin Shkreli, the bad boy of the U.S. pharmaceuticals industry due to his jacking up of prescription drug prices, says he'll let someone punch him in the face — for a donation. Shkreli, who is scheduled to face a securities fraud trial in June 2017, tweeted Monday that he is auctioning off the right to punch or slap …

  • Approve $50M settlement for N.L. residential school victims, lawyers urge

    Tuesday was a proud day, coloured by decades of powerful emotions, for Newfoundland and Labrador residential school survivors, as they inched closer to a long-sought goal. The day marked the first of …

    Judge approves $50M residential school settlement

    Tuesday was a proud day, coloured by decades of powerful emotions, for Newfoundland and Labrador residential school survivors, as they inched closer to a long-sought goal. The day marked the first of a two-day hearing at the Supreme Court in St. John's, with lawyers asking Justice Robert Stack to approve a $50-million …

  • Maritime university graduates finding jobs at home, finds survey

    University graduates from the Maritimes are just as likely to be working two years after they are done school whether they stay at home or move away, according to a survey released Tuesday. The survey, …

    University graduates from the Maritimes are just as likely to be working two years after they are done school whether they stay at home or move away, according to a survey released Tuesday. The survey, sponsored by the Maritime Provinces Higher Education Commission, reached out to 2012 graduates, checking up on them two …

  • Halifax's Macdonald Bridge a 'public road,' can't be part of lawsuit

    A Vancouver-based financial firm has failed in its bid to lay claim to Halifax's Macdonald Bridge to settle a contract dispute. The Bowra Group now owns the assets of Certified Coating Specialists (CCS), …

    A Vancouver-based financial firm has failed in its bid to lay claim to Halifax's Macdonald Bridge to settle a contract dispute. The Bowra Group now owns the assets of Certified Coating Specialists (CCS), a bankrupt company that had the job of painting new sections of the Macdonald Bridge being used in the Big Lift. CCS …

  • Wells Fargo may claw back some executive pay: report

    The board of directors of Wells Fargo & Co. is reported to be considering clawing back some of the millions of dollars in pay to some of its top executives. The Wall Street Journal, citing an unnamed …

    The board of directors of Wells Fargo & Co. is reported to be considering clawing back some of the millions of dollars in pay to some of its top executives. The Wall Street Journal, citing an unnamed source, reported that Wells Fargo's board could move as soon as Tuesday to get back money from current CEO John Stumpf and Carrie …

  • Court monitor finds 'no concerns' about Kenora, Ont., lawyer Doug Keshen; complaint hearings continue

    The Law Society of Upper Canada will continue its hearings into a Kenora, Ont., lawyer's dealings with residential school survivors into the new year. Doug Keshen is facing allegations that he violated …

    The Law Society of Upper Canada will continue its hearings into a Kenora, Ont., lawyer's dealings with residential school survivors into the new year. Doug Keshen is facing allegations that he violated the Law Society of Upper Canada's guidelines for lawyers acting in residential school cases. The Law Society of Upper …

  • Amazon Prime to offer same-day delivery in Toronto, Vancouver

    Amazon says it will soon offer same-day delivery to its Prime customers in Toronto and Vancouver who order something online worth more than $25. The service has been available in the U.S., but the online …

    Amazon says it will soon offer same-day delivery to its Prime customers in Toronto and Vancouver who order something online worth more than $25. The service has been available in the U.S., but the online retailer is rolling it out in Canada for the first time ahead of the busy holiday shopping season.  "Prime was developed …