Canadian natural resource sector economic activity on the rise

The mineral and mining subsector drove the increase, led by potash

Canadian natural resource sector economic activity on the riseThe natural resource sector, including energy, saw the volume of economic activity grow in the third quarter of 2018, according to Statistics Canada. The federal agency reported Thursday that real gross domestic product in the natural resource sector rose by one per cent in the quarter following a 1.4 per cent increase in the second…

Innovative, sustainable custom home designs still draw clients

Kathy Yuen of Phase One Design talks about how to build an award-winning company from scratch, even during downturns

Innovative, sustainable custom home designs still draw clientsKathy Yuen is president of Phase One Design. Tell me about Phase One Design. How it got started, why, where you’re located and what you do? Yuen: Phase One Design is a residential design firm. We specialize in the architecture of luxury custom homes (not to be confused with interior design). How did it all…

Calgary-based technology company helping businesses save on costs

Businesses get instant insight into their entire telecommunications and IT landscape with only a few clicks of a mouse

Calgary-based technology company helping businesses save on costsCalgary-based SpikeFli Analytics, a software-as-a-service (SaaS) company, is helping businesses large and small seamlessly manage their telecom and information technology infrastructure to make better decisions in more cost-effective ways. It’s doing that by providing the business community, and telecom and IT management professionals, with instant big-data analytics and management reports through a centralized platform to better explain, manage and…

Lowe’s Canada on a hiring spree across Canada

Lowe’s Canada on a hiring spree across CanadaLowe’s Canada announced Wednesday it is looking to fill more than 6,350 full-time, part-time, and seasonal positions across the country this spring. These positions are in addition to some 150 positions currently being staffed in connection with the completion of the consolidation of Lowe's Canada's operations at the head office in Boucherville, in the Greater…

Food safety is up against a wall over U.S. government shutdown

Canada is by far the largest destination for U.S. exports of high-value agricultural products. But is that food safe?

Food safety is up against a wall over U.S. government shutdownThe U.S. government shutdown poses a threat to food safety in the United States and Canada. The Food and Drug Administration (FDA) is responsible for 80 per cent of all food facilities in the U.S. It announced recently that it has had to change its daily operations as a result of the partial shutdown, which…

Despite government subsidies, Canadian innovation wanes

Burdensome regulation, limited competition and unfavourable taxes hold Canadian companies back

Despite government subsidies, Canadian innovation wanesStudies show that innovation is the driving force behind long-run increases in incomes in developed countries. But Canada is falling behind. The implementation and adoption of new methods of producing goods and services, along with the introduction and use of new products and new ways of organizing businesses, remain critical to improving living standards. Canada’s…

The case for privatizing Canada Post

Proceeds from the sale of Canada Post can be used to offset projected federal budget deficits

The case for privatizing Canada PostBy Ian Madsen and Anderson Agbugba Frontier Centre for Public Policy The digital revolution has altered Canada Post Corp.’s bottom line. The shift toward e-mail has resulted in a decline in mail volumes. Parcel volumes, however, are increasing owing to fast growing e-commerce. Canada Post is struggling to keep up with these changes and this…

Canadian home sales plunge in December

The average MLS sale price of $496,696 was down 4.9% in the final two months of 2018

Canadian home sales plunge in December(Troy Media) Canadian MLS sales fell by 2.5 per cent in December from November, capping the weakest annual sales since 2012, says the Canadian Real Estate Association. According to its monthly MLS report, which was released on Tuesday, CREA said monthly declines in activity since September have fully retrenched its summer rally and returned it near…

Bull market for Canadian commercial real estate continues

Avison Young report said Canada's office sector remained sound in 2018, though softness persisted in Alberta

Bull market for Canadian commercial real estate continues(Troy Media) The 10-year bull market in the Canadian commercial real estate sector continued in 2018, supported by the lowest unemployment rate in at least four decades, says Avison Young's 2019 North America, Europe and Asia Commercial Real Estate Forecast, which was released on Tuesday. “Strong performances in 2017 and 2018 have led to supply…

Shaw Communications posts net income of $187 million in quarter

‘Transforming into an agile, lean and digital-first organization,’ says CEO Brad Shaw

Shaw Communications posts net income of $187 million in quarterCalgary-based Shaw Communications Inc. reported on Monday net income of $187 million for its fiscal first quarter, which ended Nov. 30, 2018. It said net income rose from $111 million in the first quarter of fiscal 2018 “driven primarily by an increase in operating income before restructuring costs and amortization.” The company also said revenue…
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