Economy

Province introduces legislation to make changes to employment standards

Province introduces legislation to make changes to employment standards

The new rules were proposed by Labour Minister Harry Bains Monday in a bill entitled "Employment Standards Amendment Act 2019". The legislation also removes the "self-help kit" system for employme...

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Tesla sued over fatal crash blamed on autopilot navigation error

Tesla sued over fatal crash blamed on autopilot navigation error

The family of a driver killed in the crash of a Tesla Model X driving on Autopilot filed a lawsuit April 26 against Tesla over the crash, Bloomberg reported . After the impact, the crossover rota...

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Marriott to expand further into home-sharing

Marriott to expand further into home-sharing

It will have some key differences from Airbnb, that could attract customers who want the uniqueness and space of a home rental, with more assurances of the quality of their experience. Even for a chai...

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Tim Hortons sluggish sales drag down RBI's Q1 performance

Tim Hortons sluggish sales drag down RBI's Q1 performance

Popeyes' comparable sales growth was just 0.6% from 3.2% a year earlier, with revenue at $106 million from $101 million previously. Moving forward, Restaurant Brands is planning to launch Tim Horton...

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Trump urges Fed to lower rates, adopt quantitative easing

Trump urges Fed to lower rates, adopt quantitative easing

The Fed has hiked the rate nine times since December 2015 as the economy has strengthened. The unorthodox advice - more in line with what economists on the far left of the political spectrum might a...

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US consumer spending jumps 0.9% in March

US consumer spending jumps 0.9% in March

Consumer spending accounts for over 70% of economic activity. Fed officials are scheduled to meet on Tuesday and Wednesday to assess the economy and deliberate on the future course of monetary polic...

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Trump's Fed pick defends record, regrets some past writings

Trump's Fed pick defends record, regrets some past writings

Moore is a renowned conservative commentator for two or more decades. "Look, Donald Trump is a fighter, you know, he doesn't back down and he doesn't want me to back down", Moore said. It also has...

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Australian Crypto Scam Reports Rose Almost 200% in 2018

Australian Crypto Scam Reports Rose Almost 200% in 2018

Upon the consumer's attempts for taking out profits, the scams went missing most of the time. The frauds have begun to use innovative financial technology as the watchdogs are setting too many hurdles...

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New Land Rover Defender hits 1.2 million km landmark

New Land Rover Defender hits 1.2 million km landmark

Few, if any, automotive icons have as wide and as immediate a recognition factor as the Land Rover Defender . The pictures showed that Land Rover will produce both long- and a short-wheelbase vers...

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NSW Government Approves Port Kembla Gas Terminal

NSW Government Approves Port Kembla Gas Terminal

The Port Kembla project is backed by a Japanese consortium and will cost an estimated $176 million. "Supply could be increased to around 140 PJ/year-15 PJ/year through a slight increase in LNG deliv...

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Vodafone claims backdoors found in Huawei gear in 2009

Vodafone claims backdoors found in Huawei gear in 2009

The news comes as Huawei is battling a US -led charge against the company. Vodafone apparently discovered hidden backdoors in Huawei equipment as far back as 2011. However, mobile operators such as ...

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Microsoft launch cloud partnership with Dell and VMWare

Microsoft launch cloud partnership with Dell and VMWare

VMware is majority owned by Dell Technologies. Additionally, joint Microsoft 365 and VMware Workspace ONE customers will be able to manage Office 365 across devices via cloud-based integration with ...

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Venezuela's opposition leader Guaido claims support of soldiers in Caracas

Venezuela's opposition leader Guaido claims support of soldiers in Caracas

People react to tear gas near the Generalissimo Francisco de Miranda Airbase "La Carlota", in Caracas, Venezuela, April 30, 2019. Anti-government demonstrators gathered in several other cities, alth...

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Trump Hails Economy as 'the Talk of the World'

Trump Hails Economy as 'the Talk of the World'

The economic performance, following disappointing growth rate of 2.2% percent in the fourth quarter of a year ago, came out strong despite a partial government shutdown that slowed some business activ...

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One Of The Best Infotainment Systems Is About To Get Even Better

One Of The Best Infotainment Systems Is About To Get Even Better

Fiat Chrysler said on Tuesday it will use technology from Alphabet Inc's Google and Samsung to connect all its vehicles by 2022, providing music and video and facilitating future car-sharing and se...

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Cambridge Toyota to produce new Lexus NX models

A Toyota Canada spokesperson declined to be more specific about the announcement. "The overwhelming majority of RAV4 vehicles produced for North America - including hybrid - will be produced in Cana...

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Chase deletes tweet offering unsolicited financial advice

Chase deletes tweet offering unsolicited financial advice

Rep. Katie Porter a Democrat from California said tweet reflected the fact the bank and Dimon are 'out of touch'. In the scripted tweet, a bank customer asks why their balance is low, with Chase chast...

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Warren Buffett Bets on Dubai Real Estate

Warren Buffett Bets on Dubai Real Estate

Anadarko said Monday that it was reopening acquisition talks with Occidental, setting up a possible faceoff with Chevron over prized shale oil assets in the Permian Basin. "This more permanent poten...

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Trump Blasts Fed on Rates, Wishes for 'Rocket' Economy

Trump Blasts Fed on Rates, Wishes for 'Rocket' Economy

Moore has come under scrutiny for his views and past writings, and several senators have publicly said they're not terribly happy. Moore, a 59-year-old conservative political commentator, advised Pr...

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With no-show inflation, what does the Fed do next?

With no-show inflation, what does the Fed do next?

Feroli said that the Fed would likely be "more upbeat on growth , though with a more cautious reading of recent inflation developments". And in fact, their bets indicate a roughly 64% likelihood that...

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Iran to Keep Exporting Crude Oil Despite US Pressure: President

Iran to Keep Exporting Crude Oil Despite US Pressure: President

In this photo released by the official website of the office of the Iranian Presidency, President Hassan Rouhani speaks during a cabinet meeting in Tehran, Iran, Wednesday, April 24, 2019. The United ...

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Google parent's shares dive as YouTube changes, competition hurt revenue

Google parent's shares dive as YouTube changes, competition hurt revenue

The company's stock fell about 3% on the news in after-hours trading. Google, of course, is going strong: Its advertising business generated $30.7 billion in revenues in the quarter, up from $26.6 b...

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Smart to pull out of US, Canada amid declining sales

Smart to pull out of US, Canada amid declining sales

The brand first arrived stateside back in 2008, and though it was always slated as something of a low-volume niche vehicle, sales never really took off. Last month, dealers only moved 11 units - a 68....

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Saudi, UAE overstate their oil capacities: Iran oil minister

Saudi, UAE overstate their oil capacities: Iran oil minister

Brent crude futures were down 14 cents at $72.01 a barrel around 8:35 a.m. ET (1235 GMT). "No representative of OPEC or the Saudi government has come forward to acknowledge any discussion in this re...

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Trudeau in Cambridge today for major announcement at Toyota plant

Trudeau in Cambridge today for major announcement at Toyota plant

A Toyota logo is displayed at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. "This company understands what Canada brings to the table as we compete in a global marke...

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Border Force IT outage causes delays at Australian airports

Passengers are being encouraged to arrive at airports early to allow additional time for processing. The outage was still impacting systems at the time of publication, with agencies forced to revert...

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Next-gen Hyundai iX25 (Creta) spotted undisguised

Next-gen Hyundai iX25 (Creta) spotted undisguised

Prices likely in the range of Rs 10 lakh to Rs 16 lakh (ex-showroom). This new SUV will be a replacement for the Hyundai Creta (sold as ix25 in some markets like China) and was first shown at the re...

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Toyota to build Lexus SUV in Cambridge plant starting in 2022

Toyota to build Lexus SUV in Cambridge plant starting in 2022

On this occasion, Bloomberg reports that Lexus will be building two more Lexus SUVs within Canada. A Toyota Canada spokesperson declined to be more specific about the announcement. The selected fact...

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Google Parent Alphabet Undershoots Q1 Estimates As Europe Fine Hits Results

Google's revenue growth has slowed in recent quarters amid tough competition in the digital advertising space from the likes of Facebook and Amazon. The tech giant said first-quarter revenue grew 17...

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Burger King plans to expand Impossible Burger sales nationwide

Burger King plans to expand Impossible Burger sales nationwide

The spokesperson added that the sales of the Impossible Whopper are complementary to the regular Whopper. That philosophy has found the environmentally-friendly menu item a home at Burger King, al...

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Petrol price to go up for May

Petrol price to go up for May

In a statement, the Energy Department says various global factors such as the increase in oil prices are behind the latest hike. "This decreased the contribution on the Basic Fuel Price of petrol, die...

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Jaguar Land Rover drivers will earn IOTA for sharing data

Jaguar Land Rover drivers will earn IOTA for sharing data

The technology will allow drivers to earn cryptocurrency when they share data on things such as traffic congestion, road hazards, road closures and emergency incidents. By reporting traffic jams, poth...

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BC Ferries sailings cancelled due to mechanical issues

BC Ferries sailings cancelled due to mechanical issues

High winds whipped across Metro Vancouver Saturday, disrupting travel on B.C. Ferries and forcing B.C. Place Stadium staff to close the roof for an afternoon Major League Soccer match. Multiple sailin...

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Scandinavian Airlines strike affects 72,000 travelers

Scandinavian Airlines strike affects 72,000 travelers

SAS said that it will try as far as possible to re-assign affected passengers to other airlines . Air travel in Scandinavia is going to be tricky this weekend as members of the Scandinavian pilot...

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Ad giant WPP still feeling the pain of key clients losses

Ad giant WPP still feeling the pain of key clients losses

The media behemoth blamed weak performance in the U.S. - its biggest market - for the dip, where like-for-likes fell 8.5 per cent as the firm shed big clients in the automotive, pharma and fast-moving...

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