business
Canada's unemployment rate edges down to 6.9% in October
The Canadian economy added 67,000 jobs in October and the unemployment rate ticked down to 6.9 per cent, Statistics Canada said on Friday. Source link
Worried about being fingerprinted? What snowbirds need to know about U.S. registration requirement
As snowbirds flock to the border to escape the Canadian winter, many are encountering confusion as they try to comply with new U.S. registration requirements. Here’s what we know about the new rules. Source link
Low prices are hurting the oil sector, but Canada has a few advantages
Canadian oil producers are grappling with low commodity prices, but analysts say the sector is buoyed by certain advantages unique to this side of the border. Source link
Boeing officially off the hook for criminal charges in deadly crashes that killed 346 people
A U.S. judge on Thursday approved a request by the Justice Department to dismiss a criminal case against Boeing stemming from two fatal 737 MAX plane crashes that killed 346 people including 18 Canadians. Source link
MEG-Cenovus deal clears key shareholder vote after delays
MEG Energy Corp. shareholders have given their blessing to an $8.6-billion takeover by fellow oilsands producer Cenovus Energy Inc. Source link
The hidden humans powering the AI economy
We usually hear two sides to the AI and employment story: star engineers earning enormous salaries, and job loss for many others. But from gig workers paid poorly to annotate data, to people with advanced degrees training specialized AI, it takes a huge labour force to develop AI. Source link
As soaring AI stocks take a turn, investors say not to panic yet
Markets in Asia and Europe took a hit Wednesday before Wall Street’s muted open. For months, markets have ignored elevated interest rates, stubborn inflation, trade turmoil and a patchy global economy, leading some to worry about whether hopes surrounding AI were creating a bubble that could burst. Source link
Young people are facing a crisis of high unemployment. Here’s how the budget addresses that
Young people are facing high unemployment rates and struggling with a challenging labour market, and the government’s plan to address that includes more funding for summer job and work placement supports. But experts aren’t sure that will be enough to alleviate the pressure of a challenging labour market. Source link
Chrysler recalling 20,000 Jeep vehicles in Canada due to faulty battery that can catch fire
Owners of the vehicles — which include Jeep Wranglers with model years between 2020-2025 and Jeep Grand Cherokees with model years from 2022-2026 — are being advised to park the vehicles outside and away from structures until a remedy for the problem is determined. Source link
Questrade secures approval to launch a bank in Canada
Questrade’s president and CEO says the move will bring more competition to the Canadian banking landscape, which other financial technology companies have been pushing into in recent years. Source link