EconomyLoop
where regional business news becomes global to everyone

It's Disturbing Who The B.C. Government Is Giving Tax Breaks To

They're the stories that tug at us when we read them. Here's one from Waco, Texas: "My 86 year old mom... is losing her money to these people who promise her in order to accept her "sweepstakes" she has to keep sending them money for processing fees.... read more

 Huffington Post10 hours ago

     
Conservatives Got Burned By The Monster They Helped Create

I have one message for the Conservatives running to distance themselves from Ezra Levant _ one of Canada's biggest idiots _ and his racist and sexist Rebel Media: you can run, but you can't hide.You played with fire, feeding into people's fears and a... read more

 Huffington Post10 hours ago
B.C. Tech Companies Lure Employees With 5-Hour Workdays, Luxury Cars

VANCOUVER _ From vacation cash to luxury cars, some technology companies in British Columbia are offering big perks to woo prospective employees.Multinationals like Amazon and Microsoft have opened offices in Vancouver, while homegrown startups like ... read more

 Huffington Post11 hours ago
Don't Be Misguided By Politicians' Trade Balance Rhetoric

The economic concept of "the balance of trade," namely the difference between imports and exports of goods and services for a given country, can be of use to economists when they want to know, specifically, in which direction capital is flowing.Yet f... read more

 Huffington Post15 hours ago
Trump Says He'll 'Probably' Cancel NAFTA, One Week Into Negotiations

WASHINGTON _ Donald Trump has threatened to blow up NAFTA less than one week into the renegotiation of the trade agreement, providing an early indication that the upcoming talks might occur under a cloud of menace.The president's threat itself is no ... read more

 Huffington Post18 hours ago
Calgary Airport Apologizes For Turning Disabled Parking Spaces Into Lexus-Only Spots

Calgary International Airport has apologized for moving parking stalls reserved for those with disabilities and setting up a Lexus marketing campaign in their place.The pavement in the parking spots close to the terminal had recently been painted to ... read more

 Huffington PostYesterday
Negligent Execs Can Be On The Hook For Their Company's Failures

A few weeks ago, I wrote about the legal principle of "vicarious liability." That principle makes an employer responsible for damage or harm done to third parties by its employee while on the job, even if the employer personally did nothing wrong.Som... read more

 Huffington PostYesterday
Start Your Job Hunt Hungry To Make Meaning, Not Money

Make meaning, not money. At first glance, this doesn't sound like a viable way to find a career. But today's generation would literally take a pay cut for a job that gives them purpose. Meaningful work has replaced the dollar sign as the number one c... read more

 Huffington PostYesterday
Justin Simard, P.E.I. Dad, Reminds Grocery Store That Fathers Are Parents Too

STRATFORD, P.E.I. _ A father who was irked at a parking spot for new mothers at a P.E.I. grocery store has seemingly prodded Sobeys to include new dads too.On Monday, Justin Simard was on his way to drop off his nine-month-old son Charles at his aunt... read more

 Huffington PostYesterday
NAFTA Negotiations Must Include Indigenous Rights, AFN Chief Perry Bellegarde Says

OTTAWA _ The push for an Indigenous chapter in a renegotiated NAFTA could require support from Indigenous Peoples south of the border as well as in Canada, says Assembly of First Nations National Chief Perry Bellegarde _ a main advocate for its creat... read more

 Huffington PostYesterday
The Globe And Mail Is Ending Its Maritimes Edition But Don't Say Print Is Dead

TORONTO _ The Globe and Mail is putting a stop to its daily print edition across Atlantic Canada later this year.Publisher Phillip Crawley said the national newspaper plans to halt production for the East Coast on Nov. 30.Costs of printing and distri... read more

 Huffington Post2 days ago
Look At The Numbers: There's No Justifying A Tax Hike On Employers

Dear Mr. Morneau,I'm curious to know why you believe it's in Canada's best interest to discourage business and encourage socialism.It is my opinion that your discussion paper proposing changes to the taxation of small businesses completely misreprese... read more

 Huffington Post2 days ago
Canadians May Be Spending Too Much Of Their Income On Housing

A new map shows how buying a house in Canada's largest cities is still inaccessible to those with average incomes.Using the RBC Affordability Index, RateHub looked at home ownership costs in every major city by reviewing percentages of the national a... read more

 Huffington Post2 days ago
N.B. Government: Cross-Border Beer Battle Could Change Canadian Federalism

FREDERICTON _ The New Brunswick government says a battle over cross-border beer sales threatens to end Canadian federalism as it was originally conceived.In its arguments submitted to the Supreme Court of Canada, the province says allowing a New Brun... read more

 Huffington Post2 days ago
NAFTA Talks: First Round Concludes With 'Great Deal' Of Negotiations Still Needed

WASHINGTON _ North American countries concluded their first round of negotiations toward a new continental trade agreement Sunday with a statement that suggested major issues needed to be sorted out in the talks ahead.A joint statement from the three... read more

 Huffington Post2 days ago
If Trump Tries To Blow Up NAFTA, Canada Has A Squad Ready To Save It

WASHINGTON _ If Donald Trump deploys the big bomb during upcoming NAFTA negotiations, and threatens to blow up the continental trade agreement, a unit within the office of Prime Minister Justin Trudeau will be assigned to try disarming it.The Canadia... read more

 Huffington Post2 days ago
NAFTA Renegotiation: Canada Readies Team To Take On Every Trump Twist

WASHINGTON _ If Donald Trump deploys the big bomb during upcoming NAFTA negotiations, and threatens to blow up the continental trade agreement, a unit within the office of Prime Minister Justin Trudeau will be assigned to try disarming it.The Canadia... read more

 Huffington Post3 days ago
Sears Canada's Hardship Fund For Laid-Off Sears Canada Employees Gets Approved

TORONTO _ A Toronto judge approved a hardship fund on Friday for former Sears Canada employees that will come from a pool of money set aside to pay bonuses for executives.The $500,000 fund will help former employees facing difficulty who would have o... read more

 Huffington Post5 days ago
5 Common Bad Resume Tips To Avoid

There are plenty of resume writing tips out there. Everyone has an opinion _ the amateur career advice blogger, the professional resume writer, the go-to productivity guru... the list goes on.Some of the advice is common sense. Some nonsensical.Here'... read more

 Huffington Post5 days ago
Donald Trump Worth $2 Billion To Twitter: Analyst

Twitter would lose as much as US$2 billion (C$2.51 billion) of its value if U.S. President Donald Trump were to stop tweeting, says an analyst who covers the social media company.James Cakmak of Monness Crespi Hardt & Co. told Bloomberg that Twitter ... read more

 Huffington Post5 days ago
Banks And Sellers Are Protected. B.C. Homebuyers? Not Nearly Enough

Many new mortgage and lending rules were introduced during 2016 with more proposed ones to come, making access to funds more difficult for all borrowers. As a result, many homebuyers, especially those entering the market for the first time, have been... read more

 Huffington Post5 days ago
Always Ask Why You Didn't Get That Promotion

"I just got passed up for another promotion. This is the third one in the last four years. I have a degree and great skills; I get excellent comments and scores on my yearly reviews, too. It seems impossible for me to break out of the job I've had th... read more

 Huffington Post6 days ago
Want An Innovative Economy?  Fund Research

By Paul Armstrong and Carol HerbertWith Canada's 150th birthday squarely in the rear-view mirror, we should now look to our future. Our current government has been staking much on an "innovation economy" _ if the regular speeches by various ministrie... read more

 Huffington Post6 days ago
Brandon Stranzl, Sears Canada Chairman, Steps Away So He Can Try To Buy The Retailer

TORONTO _ Sears Canada executive chairman Brandon Stranzl is stepping away from his role to launch a bid for the beleaguered retailer, which is restructuring under court protection from creditors.A memo to staff Wednesday about his departure from the... read more

 Huffington Post6 days ago
Are We Seriously Negotiating A Free Trade Deal With Donald Trump?

Foreign Affairs Minister Chrystia Freeland was in Washington, D.C. on Wednesday to start the first round of NAFTA negotiations.But Washington was a bit distracted by another matter _ the evolving scandal surrounding U.S. President Donald Trump's appa... read more

 Huffington Post7 days ago
Understanding Your Real Estate Buyer Representation Agreement

There's nothing like the humdrum of paperwork to bog down the excitement of a house hunt. But much like opening a new bank account or purchasing a car, buying a home comes with its fair share of contracts to sign and legalese to decode.Arguably the f... read more

 Huffington Post7 days ago
Airbnb Banned White Supremacists Who Attended Charlottesville Rally

Airbnb took action last weekend to ban "Unite the Right" rally-goers from its platform, but its executives say they were never welcome in the first place.In a statement provided to HuffPost Canada, CEO Brian Chesky said some people attending the viol... read more

 Huffington Post7 days ago
British Columbia's Minimum Wage To Rise To $15 Under New NDP Government

VICTORIA _ The B.C. government says it's planning to increase the provincial minimum wage to $15 an hour by 2021.Labour Minister Harry Bains said Tuesday a fair wages commission will be established in the coming weeks to plan how to raise the rate wi... read more

 Huffington Post7 days ago
CIBC Launches 'Simplii,' A Direct Banking Brand

TORONTO _ CIBC is launching a new direct banking brand that will also absorb accounts currently with Loblaw-owned President's Choice Financial.The bank says its new Simplii Financial brand will provide no-fee daily banking through online, mobile and ... read more

 Huffington Post7 days ago
Sears Canada Creates 'Hardship' Fund For Employees It Denied Severance

TORONTO _ Lawyers representing workers at Sears Canada and the company have reached a deal to create a hardship fund for former employees who were denied severance payments when they lost their jobs at the retailer.The $500,000 for the fund will come... read more

 Huffington Post8 days ago
President Trump Promotes His Charlottesville Winery After News Conference

U.S. President Donald Trump took a moment to promote his Charlottesville, Va. winery on Tuesday, moments after downplaying concerns his unfocused response to violence in the city is inflaming racial tensions.The president made his remarks at Trump To... read more

 Huffington Post8 days ago
Toronto And Vancouver Housing Is Going To Get Even Pricier

Housing in Toronto and Vancouver is very expensive, and it is going to get worse.The respective provincial governments took action to combat the rapid price growth in these metro areas, with the biggest moves being taxes aimed at foreign buyers. The ... read more

 Huffington Post8 days ago
McDonald's Is Offering 67-Cent Burgers For One Day Because Life Is Good

There's no use denying it _ people love McDonald's hamburgers, and they love them even more when they're super cheap. On Wednesday, August 16, the fast food chain will offer 67-cent hamburgers in honour of their 50th anniversary in Canada.Kicking off... read more

 Huffington Post8 days ago
Shonda Rhimes deal latest in Netflix’s spending spree

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 The Globe and Mail8 days ago
Neo-Nazi Site Daily Stormer Offline After Google, GoDaddy Cut Registration

TORONTO (Reuters) - Neo-Nazi website the Daily Stormer went offline on Tuesday, after its domain registration was revoked by GoDaddy and Google, which said the site that helped organize the violent weekend rally in Virginia had violated their terms o... read more

 Huffington Post8 days ago
U.S. household debt reaches new record high

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 The Globe and Mail8 days ago
U.K. asks for EU interim customs deal

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 The Globe and Mail8 days ago
Canadian dollar hits one-month low as oil prices fall, greenback climbs

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 The Globe and Mail8 days ago
U.S. retail sales post biggest gain in seven months

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 The Globe and Mail8 days ago
Strong GDP boosts Merkel's re-election hopes

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 The Globe and Mail8 days ago
Real thing or just “fantasy”? Britain proposes new EU customs deal

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 The Globe and Mail8 days ago
U.K. inflation holds steady in July as price pressures ease

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 The Globe and Mail8 days ago
Transocean in $1.1-billion deal to buy Norwegian rig firm Songa Offshore

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 The Globe and Mail8 days ago
Domestic demand keeps Germany driving euro zone economy

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 The Globe and Mail8 days ago
Oil steady after dollar sell-off, OPEC and China weigh

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 The Globe and Mail8 days ago
Ontario firm brings high-tech vending to the world

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 The Globe and Mail8 days ago
Mattagami First Nation Sues CN Rail For $30 Million Over Oil Spills

TORONTO _ A northern Ontario Indigenous community is suing CN Rail for alleged environmental and cultural damage caused by two 2015 derailments that led to significant oil spills.The Mattagami First Nation alleges in its statement of claim that the s... read more

 Huffington Post9 days ago
NGP sues Pembina Pipeline for $501-million over Mosaic Energy collapse

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 The Globe and Mail9 days ago
Merck CEO quits White House panel; Trump hits back

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 The Globe and Mail9 days ago
CBC’s downsizing sets stage for growing ad agency Bensimon Byrne

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 The Globe and Mail9 days ago