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Canadian banks to report earnings amid rising interest rate environment

Canadian banks to report earnings amid rising interest rate environment

Analysts predicting growth in some areas, drop in others
Statistics Canada says manufacturing sales down 0.8% in June

Statistics Canada says manufacturing sales down 0.8% in June

Wood product sales fell 7.2 per cent in June, while aerospace product and parts dropped 16.8 per cent
Air Canada denying passenger compensation claims for staff shortages, citing safety

Air Canada denying passenger compensation claims for staff shortages, citing safety

Airlines required to pay if reason for cancellation is within their control, but not if safety is at play
Demand for grocery delivery cools as food costs rise

Demand for grocery delivery cools as food costs rise

More shoppers opting for curbside pickup or in-person purchases now
Canadians’ savings are slowly dripping away as deposit interest lags far behind inflation

Canadians’ savings are slowly dripping away as deposit interest lags far behind inflation

“They will lose money. The value of their savings is decreasing.”
‘I got this wrong:’ Shopify CEO announces plan to layoff 10 per cent of staff

‘I got this wrong:’ Shopify CEO announces plan to layoff 10 per cent of staff

Layoffs come as buyers revert to pre-pandemic shopping habits
Unifor pushes for job guarantees in federal review of Westjet’s takeover of Sunwing

Unifor pushes for job guarantees in federal review of Westjet’s takeover of Sunwing

Union concerned acquisition will create lower wages, job instability
Rogers pursuing deal with competitors to juggle 911 calls in case of outage

Rogers pursuing deal with competitors to juggle 911 calls in case of outage

July 8 outage left millions unable to use phone for emergency services
Rogers unable to switch customers to Bell, Telus during outage, despite competing carrier offers

Rogers unable to switch customers to Bell, Telus during outage, despite competing carrier offers

As a result, Rogers was unable to route most 911 calls
Let’s make a deal with Canada on softwood, U.S. senators urge Biden administration

Let’s make a deal with Canada on softwood, U.S. senators urge Biden administration

About 30 per cent of the timber used in the U.S. comes from Canada