business
Hootsuite founder Ryan Holmes returns to CEO role on interim basis, as Irina Novoselsky exits
The CEO of Hootsuite has stepped down after spending the last several months defending a contract between the company and a controversial U.S. government department, making way for the firm’s founder to return on an interim basis. Source link
Gap between richest and poorest Canadians widened again in 2025, StatsCan says
Statistics Canada says the income gap — measuring the difference in the share of disposable income between households in the top 40 per cent and those in the bottom 40 per cent — reached 46.7 percentage points in 2025. Source link
Oil prices rise, global markets decline ahead of U.S. blockade of Strait of Hormuz
Brent crude oil, the international standard, rose $7.04, or 7.4 per cent, to $102.24 US a barrel on Monday. That’s up from roughly $70 per barrel before the war in late February. Markets in France, Britain, Germany, Japan, South Korea and more also declined. Source link
A novelist was accused of using AI. Why the literary world is still grappling with guardrails
The recent cancelling of a horror novelist’s book demonstrates the conundrum that literary professionals face as they comb through every pitch, query letter and manuscript lobbed their way: how do you separate the proverbial wheat from the AI-generated chaff, and what happens if you get it wrong? Source link
Canada's economy adds 14,000 jobs in March after February's whopping losses
Canada’s economy added 14,000 jobs in March, Statistics Canada said on Friday, with the unemployment rate unchanged at 6.7 per cent. Source link
Air Canada is testing a new program to resolve customer complaints. Will it work?
Amid a backlog of complaints in the Canadian Transport Agency’s complaints system, Air Canada is piloting a new program that will outsource complaints to a third-party arbitrator. Experts say it’s good Air Canada is trying to find a solution, but oversight will be needed to make sure the new system doesn’t favour companies over consumers. […]
Oil and fuel prices to remain high throughout the year: Deloitte report
The ongoing war between Iran and the U.S. is expected to keep oil prices high for the remainder of the year, including gasoline, diesel and jet fuel prices too. Source link
LG Energy Solution flags 1st quarter operating loss on weak EV demand
LGES, which supplies Tesla, General Motors and Hyundai Motor among others, has been grappling with weaker EV battery demand, with one of its major customers, GM, idling a Detroit EV plant until April . Source link
WestJet introducing temporary fuel surcharge on companion voucher bookings
WestJet’s new temporary fuel surcharge of $60 on all companion voucher bookings takes effect Wednesday, April 8. Source link
Hyundai recalls some Canadian vehicles due to seatbelt issue
In some cars, a wiring issue with the seatbelt may cause the seatbelt indicator to say the belt in the third-row driver’s side seat is buckled, even when it’s not. Hyundai says it will notify affected drivers in writing, though drivers can also check if they are impacted by the recall online. Source link