Archive For The “Business” Category

Metrolinx approves Vaughan GO station that will put more cars on the road

By |

Metrolinx approves Vaughan GO station that will put more cars on the road

Metrolinx has approved a $100-million GO Transit station in Vaughan despite a government analysis that determined the stop would have negative economic and environmental impacts, and would induce people to abandon transit and drive their cars instead. The proposed Kirby station would be located on GO’s Barrie line at the southwest intersection of Kirby Rd….

Read more »

Finance Minister Morneau heading south to tout importance of Canada-U.S. trade

By |

Finance Minister Morneau heading south to tout importance of Canada-U.S. trade

CALGARY—Canada’s finance minister says he intends to head south of the border next week to reinforce the importance of Canada-U.S. trade.“Our approach was to be deeply engaged with the new administration from Day 1 … I’ve been there three times this month,” Bill Morneau told a question-and-answer session following a speech about the federal budget…

Read more »

Ontarios spring budget to include housing affordability measures, Sousa says

By |

Finance Minister Charles Sousa says the upcoming spring budget will include a package of measures dealing with housing affordability.The Liberal government has promised measures to help curb rising home prices in some markets, particularly in the Greater Toronto and Hamilton Area.Speculative investing in the real estate market — buying a home in the hope of…

Read more »

Newfoundlands northern cod making a comeback 25 years after commercial fishing ban

By |

Newfoundlands northern cod making a comeback 25 years after commercial fishing ban

ST. JOHN’S, N.L.—Almost 25 years after a sweeping commercial fishing ban that devastated Newfoundland, northern cod are making something of a comeback — sparking calls that the fishery be expanded again.A federal report Monday said cod stocks off eastern Newfoundland and Labrador continue to grow, but are still in the “critical zone.” It warns that…

Read more »

Stakes high for Samsungs new Galaxy smartphone

By |

Stakes high for Samsungs new Galaxy smartphone

Samsung needs to have an explosive launch event for its next premium smartphone on Wednesday — speaking figuratively, of course. Stung by the embarrassing recall of the Galaxy Note 7 after several of the gadgets burst into flames, Samsung is ready to move forward with the new Galaxy S8.The tech giant has to get this…

Read more »

Companies bet on British allure to make the best of Brexit

By |

Companies bet on British allure to make the best of Brexit

LONDON—Tim Barlow pushes a green stamp onto the edge of an unfinished plate, leaving behind the words “Made in England.”It’s still a piece of unglazed grey clay, a far cry from the gleaming decorated disc of Wedgwood Jasperware it will become, but Barlow and his employers are betting those words will be a selling point…

Read more »

U.S. economy to grow slower than Trump pledges, survey finds

By |

U.S. economy to grow slower than Trump pledges, survey finds

WASHINGTON—U.S. economic growth is expected to accelerate this year and next, yet remain modest, even if U.S. President Donald Trump’s promised tax cuts and infrastructure spending are implemented, a survey found.The economy will grow a solid 2.3 per cent this year and 2.5 per cent in 2018, according to 50 economists surveyed by the National…

Read more »

Fearless Girl statue set to stay on Wall Street for now

By |

Fearless Girl statue set to stay on Wall Street  for now

NEW YORK—Should the Fearless Girl stand up to Wall Street’s Charging Bull forever?That’s the question New York City officials are facing after a statue of a ponytailed girl in a windblown dress went up in front of the bronze bull early this month and immediately became a tourist draw and Internet sensation.What was intended as…

Read more »

Uber suspends self-driving auto tech after Arizona crash

By |

Uber suspends self-driving auto tech after Arizona crash

Further, following in line with numerous media reports, the Uber spokesperson then continued to add that it was suspending public road trials in Arizona. The company began services last month in Tempe when the state’s Governor Doug Doucey took the inaugural ride.Advertisement Uber’s fleet of self-driving cars are now in Phoenix, Pittsburgh and San Francisco…

Read more »

Tesla backflips (again) and deletes entry-level Model S

By |

Tesla backflips (again) and deletes entry-level Model S

The company has been expanding its reach into battery backup systems and, with the acquisition of Solar City, into alternative energy generation. In other words, it’s apparently because there’s no need to do so, so why waste the time and resources – that’s the story according to Musk and Tesla. This means that the early…

Read more »