Nearly one in five Canadians working part-time

StatsCan says youth 15 to 24 are most likely to work part time, followed by those 55 and older

Nearly one in five Canadians working part-timeNearly one in five employed Canadians, or 3.5 million people, were working part time (less than 30 hours per week) in their main or only job in 2017, according to a report released on Tuesday by Statistics Canada. The report said youth aged 15 to 24 were the most likely to work part time (49…

Keep the Bank of Canada out of the digital currency playing field

Central banks – try as they might – can’t create genuine cryptocurrencies and should learn to live with rising competition

Keep the Bank of Canada out of the digital currency playing fieldState digital currencies that attempt to emulate private cryptocurrencies are doomed. Not only will they fail in terms of adoption, despite having the state behind them, they will fail in terms of the objectives that drive alternative currencies. The rise of cryptocurrencies, particularly bitcoin, has caught the attention of central banks and financial regulators. Given…

A will gives you control of your affairs after your death

Sandy Lyons of Grant Thornton Ltd. explains that, when you die without a will, any prior verbal wishes to family and next of kin can be set aside

A will gives you control of your affairs after your deathSandy Lyons is a licensed insolvency trustee with Grant Thornton Ltd.’s consumer insolvency team in Calgary. Why do so many people not have a will? Lyons: It can be a matter of cost, not wanting to look at and plan for end of life, a lack of understanding and knowledge of what steps must be completed…

Lowe’s closing 31 Canadian stores

Among the store closures: 1 in BC, 2 in Alberta (both in Calgary), 9 in Ontario, 9 in Quebec and 6 in Newfoundland

Lowe’s closing 31 Canadian storesLowe’s Companies Inc., which also operates Rona stores, announced on Monday it will be closing 31 of its Canadian stores as well as 20 U.S. stores. It said the “underperforming” store closures are part of the company’s “ongoing strategic reassessment” and it will “focus on its most profitable stores and improve the overall health of…

Canadian trade deficit narrows

Import volumes decreased 1.5% while prices rose 1.1%: StatsCan

Canadian trade deficit narrowsCanada's merchandise trade deficit with the world narrowed to $416 million in September from $551 million in August, as imports fell 0.4 per cent while exports edged down 0.2 per cent, according to Statistics Canada. “Total imports fell 0.4 per cent to $50.8 billion in September, despite gains in six of 11 product sections. Import…

Five tips to recharging your motivational battery

Are you in a motivational rut? Do you loathe your job? Here's help

Five tips to recharging your motivational batteryIt isn’t a secret that many of us don’t love our jobs. At the moment, I am happily in that ‘I love my job!’ place. But I remember when, a couple of years ago, I was in the ‘I loathe my job’ place. You may be somewhere in the middle. In many respects, that is…

Imperial Oil reports net income of $749 million in quarter

Petroleum product sales averaged 516,000 barrels per day, the highest quarterly sales in nearly 30 years

Imperial Oil reports net income of $749 million in quarterEnergy giant Imperial Oil reported on Friday that its estimated net income in the third quarter of 2018 was $749 million, an increase of $378 million compared with the net income of $371 million in the same period of 2017. “Imperial’s focus on reliability led to record gross production at Kearl of 244,000 barrels per…

When customer service isn’t enough

Lack of clarity, training, measurement, accountability and rewards all impact sales

When customer service isn’t enoughI’m sure that you’ve suffered through an experience of poor customer service. You don’t have to look far these days to realize that many businesses put low value on treating customers well. Recently, however, I was working with a company on improving their customer service. It quickly became apparent that their customer service was great…

Enbridge reports quarter loss of $90 million

Canada’s largest pipeline operator says its capital projects remain on time and on budget

Enbridge reports quarter loss of $90 millionEnbridge, Canada’s largest pipeline operator, is reporting a net loss attributable to common shareholders of $90 million in the third quarter of this year compared with earnings of $765 million a year ago. The loss was five cents per common share compared with earnings of 47 cents in the third quarter of 2017. “Enbridge continues…

Helping women find their path to success

Stephania Varalli talks about her own journey and how Women of Influence works to help others find their path to success

Helping women find their path to successStephania Varalli is co-CEO and head at media of Women of Influence. What’s Women of Influence and what does it do? Varalli: Our organization aims to help achieve workplace gender equality by inspiring and empowering individuals. We know that the system is biased against women, and it will take time and multiple, parallel efforts to…