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Business managers have had a really rough year.
With economic conditions remaining challenging in Canada, we have seen several corporations looking at different ways to manage their profitability. From Bombardier, to Canada's Finning International Inc., the world's largest dealer of Caterpillar Inc. equipment, to several Canadian banks, reports of job layoffs is daily news. In January 2016 alone, Canada suffered 5,700 job losses, pushing the national unemployment rate to a two-year high of 7.2 per cent.
Ontario's economy is ailing and it will take more than massive subsidies to already profitable businesses to rebuild. Small business owners in Ontario don't need to wait for Stats Canada's economic indicator reports to know what is happening in the economy, we feel it every day.
The latest jobs figures from Statistics Canada show a spike in unemployment in B.C. The rate jumped to 7 per cent in March, up from 6.3 per cent in February — the biggest rise in the country and a lo...
OTTAWA - A new paper on the impact the strong Canadian dollar has had on the economy puts into sharp focus why Ontario Premier Dalton McGuinty is not the oilsands' best friend.The analysis by Bank of...
But instead, another 18,600 workers fell out of the labour pool last month — all and more of the part-time variety, and concentrated in the services sector and in Quebec. Statistics Canada noted that...