Economy

Economy


Cybersecurity breach of Nova Scotia school system could have financial impact

Nova Scotia’s Education Department has asked for help from IBM as it investigates a cybersecurity breach involving a student information system used across North America, saying the breach could have a financial impact on some former and current teachers and staff. The department issued a statement Saturday saying some social insurance numbers collected before 2010 […]

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Work permit changes worrying for child-care staff shortages: colleges, Ontario

New federal rules would prevent international students who graduate from early childhood education programs from applying for a work permit in Canada — a change that the Ontario government, colleges and advocates warn will kneecap the growth of Ottawa’s signature $10-a-day child-care program. Under immigration changes announced last month, the postgraduate work permits, which were […]

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Poll suggests Manitobans worried about costs, less confident in institutions

Manitobans are increasingly worried about the cost of living and crime, and are becoming less confident in the justice system and public service, a poll commissioned by the provincial government suggests. The Benchmark Survey, conducted by polling firm Leger, is normally conducted every few months and provides the government insight into the top concerns and […]

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Foreign aid can help strengthen the economies of donor countries by boosting business

This article was originally published on The Conversation, an independent and nonprofit source of news, analysis and commentary from academic experts. Disclosure information is available on the original site. ___ Authors: Marie-Ann Betschinger, Associate Professor of Strategy, HEC Montréal; and Olivier Bertrand, Full professor of strategy, Escola de Administração de Empresas de São Paulo da […]

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Government was warned two years ago high immigration could affect housing costs

Federal public servants warned the government two years ago that large increases to immigration could affect housing affordability and services, internal documents show.  Documents obtained by The Canadian Press through an access-to-information request show Immigration, Refugees and Citizenship Canada analyzed the potential effects immigration would have on the economy, housing and services, as it prepared […]

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Inside Vancouver’s Decision to Scrap Its Living Wage Commitment

Internal emails suggest City of Vancouver staff felt “significant anger and disillusionment” after city council voted to scrap the municipality’s living wage policy this year. That’s how former chief equity officer Aftab Erfan described the reaction from staff after the city announced in March it would no longer guarantee a living wage, effectively cutting the […]

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Patrick Brown’s ‘reckless’ $11B debt plan would cost taxpayers almost $2K more each year

Regional councillors wasted no time in quashing a motion by Brampton Mayor Patrick Brown which sought to push the Region of Peel $11 billion into debt. The move came as council members labelled the idea “foolish” and “reckless”, while staff suggested it might be illegal. A staff report presented at the July 6 Peel Region […]

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As the Bank of Canada prepares for a digital Canadian dollar, democratic concerns loom large

This article was originally published on The Conversation, an independent and nonprofit source of news, analysis and commentary from academic experts. Disclosure information is available on the original site. The Bank of Canada is preparing for the possibility of the Canadian government requiring it to issue a digital version of the Canadian dollar. Although the […]

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Hong Kong launches bid to attract Canadian companies, but rights group warns of risks

Hong Kong’s government is betting that Canadian companies and other overseas businesses will put profits over politics as it tries to lure talent and industry back to the city that has been cracking down on dissent after quashing a pro-democracy protest movement. A Toronto-based official involved in the pitch that was advertised in Canadian newspapers […]

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Budget 2023: Liberals add foreign interference office, new money laundering rules

OTTAWA — Prime Minister Justin Trudeau’s Liberal government plans to launch a National Counter-Foreign Interference Office, amid ongoing scrutiny of allegations that Beijing interfered in recent federal elections. Tuesday’s federal budget earmarked $56 million over five years for measures to combat foreign interference, threats and covert activities. The Mounties are slated to receive most of […]

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Bring title insurers under anti money laundering rules, former executive says

Title insurers need to be brought under anti-money laundering rules to fight against scam artists who impersonate homeowners to sell or mortgage their properties, a former insurance executive says. Tim Hyde, who spent years in the title insurance business in Ontario, said dozens of cases involving impersonators in Ontario and B.C. showed the need for […]

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Indigenous groups hope for infrastructure dollars and economic development in budget

OTTAWA — Funding for infrastructure and economic development are two of the main asks some prominent Indigenous organizations have put to the Liberal government in its upcoming budget. Finance Minister Chrystia Freeland has promised that the spending plan to be made public Tuesday will demonstrate fiscal restraint. It is also expected to include money to […]

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