Over ten million dollars wasted on Ontario cannabis stores that were never opened
According to financial statements released by the Ontario Cannabis Retail Corporation (OCRC), at least $10.2 million was spent on cannabis stores that were never opened.
Trudeau ends term with double-digit deficit and officially fails balanced budget promise
It seems the budget did not balance itself.
Energy prices spike after attack on oil facilities in Saudi Arabia
EnPro’s Roger McKnight says that gas prices may go up by three to four percent by Wednesday. However, he added that Canadians are fortunate that many retailers recently switched to the winter blend of gasoline, which is cheaper to produce. Thus, it is likely the rise in prices will be temporary.
The number of minimum wage workers has doubled over 20 years
The data shows that the proportion of workers making minimum wage grew from 5.2 percent to 10.4 percent in just two decades.
Canadian oil and gas companies to be removed from stock index
After weak performance this summer as many as seven Canadian oil and gas companies could potentially be removed from the Toronto Stock Exchange index, analysts say.
Lead Indigenous group seeking TMX ownership “still bullish” despite second judicial review of $7.5 billion pipeline expansion
The man heading up the lead Indigenous consortium angling for ownership of the Trans Mountain expansion remains confident in the embattled project, despite Wednesday’s Federal Court of Appeal decision in favour of six First Nations who oppose the pipeline’s twinning.
Canada employment boom led by Ontario and Quebec — 81,000 more workers in August
Overall, in August, Canada saw an 81,000 increase in employment.
Alberta panel recommends cuts to fix province’s spending problem
The committee recommended that Alberta keep spending flat for the next four years.
Bank of Canada holds key lending rate, says second-quarter economic growth likely temporary
Bank of Canada Governor Stephen Poloz avoided media Wednesday after holding the overnight interest rate firm at 1.75 percent, where the prime lending rate for the big banks has been since October of last year.
B.C. renters could pay up to 2.6 percent more in 2020
However, Robinson says that if changes had not been made, renters could have seen an increase as high as 9 percent in their rental rates due to various loopholes in the previous inflation formula.