Jesse Ferreras
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Jesse Ferreras is associate news editor, business, for The Huffington Post Canada. He was previously an online editor at canada.com and Pique Newsmagazine in Whistler.

Entries by Jesse Ferreras

Keystone XL Isn't Needed, Minister Says, But Some Beg To Differ

(6) Comments | Posted November 17, 2016 | 8:57 AM

Canada's natural resources minister says the Keystone XL pipeline isn't necessary to meet Canada's oil export needs. But a University of Calgary economist said it could still be needed to keep up with production.

TransCanada may have another crack at building the Keystone XL pipeline under a Donald Trump presidency.

...
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Lululemon Stock Price Downgraded Because Women Just Aren't That Into It Anymore

(17) Comments | Posted November 16, 2016 | 4:41 PM

Lululemon, you and your customers need to talk.

Because frankly, things just aren't going well between you two right now. Especially women.

See, the outlook for your stock price has been downgraded from US$76 per share to $53 per share. Much of that decline has to do with the trouble...

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NAFTA Talks Could Mean Canada Embroiled In A Big Fight With Trump

(18) Comments | Posted November 16, 2016 | 4:18 PM

Wood. Meat. Safety standards.

Those are just a few items that are expected to be on the agenda when Donald Trump's administration looks to renegotiate the North American Free Trade Agreement (NAFTA) with Canada and Mexico on its first day in the White House.

Softwood lumber and country-of-origin meat labeling...

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Canadians Are Keeping Their Low-Paying Jobs Because They're Scared: Report

(2) Comments | Posted November 16, 2016 | 8:44 AM

Canadians are so scared of having to look for a job that they're staying in lower-paying ones for longer.

And they should be worried. It's taking longer for them to exit unemployment now than it did during the financial crisis, says a CIBC report released Tuesday.

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Canada Has Strong Potential For A Trump-Like Revolt

(69) Comments | Posted November 16, 2016 | 7:31 AM

There are two things that make Canadians prouder of their country than anything else: watching Team Canada win gold in Olympic hockey, and watching Americans elect a maligned figure to public office.

Of course, many, many Canadians were upset about Donald Trump's victory. But the U.S. election has nevertheless tapped...

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Unemployment In Newfoundland And Labrador Could Reach Almost 20% In 3 Years

(3) Comments | Posted November 15, 2016 | 7:46 PM

If you thought Alberta's economy was in dire straits, just check out Newfoundland and Labrador.

"The Rock," as it's often called, is set to see unemployment reach as high as 19.6 per cent in just three years, according to an economic forecast released late last month.

It showed...

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American House-Hunters In Canada Haven't Done Their Homework

(8) Comments | Posted November 11, 2016 | 8:06 AM

Americans may have developed a sudden interest in moving to Canada.

But that doesn't mean prospective buyers have done their research on the Great White North.

toronto neighbourhood homes
Exterior image of a semi-detached home with a for sale/sold sign in Toronto's Danforth Village....

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Trump Escapees Will Pay Through The Nose To Buy A Home In Canada: Infographic

(107) Comments | Posted November 10, 2016 | 2:24 PM

Americans fleeing a Trump presidency ought to know one thing about Canada: the housing can be crazy expensive up here.

And a new infographic by Rentseeker hammers this point home.

The real estate and apartment-seeking website has published a graphic that demonstrates how much it costs...

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American Searches For Canadian Homes Spike Amid Trump's Victory

(53) Comments | Posted November 9, 2016 | 3:10 PM

Moving to Canada is starting to look like a very real prospect for many Americans, if search trends are any indication.

Real estate portal Point2 Homes saw American searches for Canadian housing spike by 282 per cent leading up to the U.S. election on Tuesday.

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Donald Trump's Victory Did No Favours For Gun Makers' Stocks

(2) Comments | Posted November 9, 2016 | 1:55 PM

Gun owners had plenty of reason to cheer for Donald Trump's victory in the U.S. election on Tuesday.

Gun makers? Not as much.

Shares of firearms manufacturers were down as much as 10 per cent on Wednesday, according to Globe and Mail reporter Paul Waldie.

The reason? People...

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Canadian Prosperity 'Under Threat' From Trade Barriers, Obesity: Report

(3) Comments | Posted November 9, 2016 | 9:14 AM

Canada sits in the top five out of 149 countries in a new ranking of national prosperity.

But trade barriers, obesity and worsening wastewater treatment are threatening the country's position.

So says the 2016 Legatum Prosperity Index, an annual measure of wealth and well-being put out by...

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Canada Stands To Win Big From A Trump Victory. And Lose, Too.

(3) Comments | Posted November 9, 2016 | 12:41 AM

A Donald Trump presidency. What would that mean for Canada's economy?

Economists and analysts with major Canadian banks, and others, offer a few clues.

Keystone XL

keystone xl
A demonstrator, celebrating US President Barack Obama's blocking of the Keystone XL oil pipeline, holds up...

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Canadian Dollar Tanks A Whole Cent U.S. In 4 Hours

(11) Comments | Posted November 9, 2016 | 12:23 AM

The peso, the Dow Jones and the S&P 500 weren’t the only things that dropped significantly on election night.

The Canadian dollar also fell hard, losing over a cent of its value in just under four hours, as the likelihood of a Donald Trump victory grew on Tuesday.

At around...

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Moving To Canada: Government's Immigration Site Crashed On U.S. Election Night

(5) Comments | Posted November 9, 2016 | 12:11 AM

UPDATE - Nov. 9, 2016: More than 200,000 users were trying to access the site when the Canadian immigration site crashed on U.S. election night, said a government spokeswoman.

Sonia Lesage told The Huffington Post Canada that American IP addresses accounted for 50 per cent of the traffic, compared to...

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Canadian Wall With U.S. Border Becomes A Joke On Twitter

(8) Comments | Posted November 8, 2016 | 11:20 PM

Donald Trump promised that he wouldn't build a wall with Canada.

But if you asked Canadians on election night, they would have told you they considered it as voting results turned in Donald Trump's favour.

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Canada's Mortgage Rules Will Sap Home Sales But Only Slow Prices: RBC

(1) Comments | Posted November 7, 2016 | 5:23 PM

A major Canadian bank has put a number on the effects of the federal government's new mortgage rules.

It's a negative one for resales. It's a smaller one — and not exactly a drop — for benchmark prices.

The new guidelines, implemented last month, could help to yank...

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Trump Tower Toronto Was 'Investment Scheme And Conspiracy': Lawsuit

(16) Comments | Posted November 7, 2016 | 4:34 PM

Investors in Toronto's Trump International Hotel and Tower are lining up to extract money from The Donald and others, should the building sell for less than the cost of its mortgage.

A group of people who bought hotel units in the building have filed a lawsuit against Trump, tower developer...

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Air Canada Remembrance Day Poppy Ban Has Airline Apologizing

(18) Comments | Posted November 7, 2016 | 1:55 PM

For 95 years, the poppy has served as a solemn symbol of remembrance for veterans who have died in war.

But for Air Canada, wearing it became a violation of the uniform policy for flight attendants — until the airline reversed itself just hours later.

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Ontario Basic Income Should Be $1,320 Per Month, Adviser Says

(63) Comments | Posted November 4, 2016 | 8:28 PM

Ontarians are slowly seeing a clearer picture of what a basic income would look like in their province.

The province should pay $1,320 per month to individuals as part of a Basic Income Pilot Project that could be applied in a number of communities around Ontario, said a...

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Shell Predicts Oil Demand Could Peak Just 5 Years From Now

(8) Comments | Posted November 4, 2016 | 4:38 PM

The amount of oil the world needs could begin declining a lot sooner than people thought, if a prediction from Royal Dutch Shell can be believed.

The energy giant's CFO said on Tuesday that the company sees oil demand peaking in as little as five years, though he still believes...

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