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January 19, 2018 6:03 PM Rise in duty-free allowance could cost hundreds of thousands of jobs: study

U.S. pushing for Canada to increase the duty-free allowance as part of ongoing NAFTA talks A new study commissioned by the Retail Council of Canada says an increase in the duty-free allowance for cross-border shopping would lead to hundreds of thousands of job losses and cut billions of dollars from the Canadian economy. The PwC study comes as U.S. lawmakers 38

January 17, 2018 1:44 PM Quebec's minimum wage to increase to $12 in May

Salaries for minimum wage workers will rise by 75 cents per hour this spring Quebec's minimum wage workers will see a bigger paycheque starting this spring. The minimum wage will increase by 75 cents on May 1, bringing it to $12 per hour. It is the largest wage increase in the province's history. The Quebec government made the announcement Wednesday 15

January 11, 2018 2:19 PM Walmart raises minimum hourly wage to $11 for U.S. workers, hands out $1,000 bonuses

BENTONVILLE, ARK.—Walmart, the world’s largest private employer, is boosting its starting salary for U.S. workers to $11 an hour, giving a one-time cash bonus of up to $1,000 to eligible employees and expanding its maternity and parental leave benefits. The retailer said Thursday that changes to its compensation and benefits policy will impact more than a million 12

January 8, 2018 8:59 PM There will be poutine: First look at Canada Olympic House for Pyeongchang 2018

12,000 square-foot space will be "home-away-from-home" for Canadian athletes and fans Homesick Canadian Olympians can cheer up by eating poutine in the freezing cold at Team Canada's headquarters for the upcoming Pyeongchang Winter Olympics. With the games one month away, the Canadian Olympic Committee unveiled its Canada Olympic House on Monday 26

December 10, 2017 8:17 PM Couillard's Liberals promise guaranteed minimum income for some Quebecers

QUEBEC -- Premier Philippe Couillard is promising to create a guaranteed minimum income for certain Quebecers as part of a $3 billion anti-poverty plan. Couillard and Employment Minister Francois Blais presented the government's five-year anti-poverty strategy in Quebec City on Sunday. The plan would boost the annual income of those who are unable to work by more than $5,000 to about 15

November 21, 2017 7:47 PM Companies should have to pay pension funds before shareholders: Report

A report by the Canadian Centre for Policy Alternatives calls for companies to make good on any pension shortfall before paying dividends. Canadian companies currently running pension deficits can afford to top up the plans and should be under more pressure to do so before paying dividends to shareholders, according to a report issued Tuesday by the Canadian 23

November 17, 2017 1:59 PM Qantas signs long-term deal to power its jets with Canadian oilseeds

MONTREAL -- A Quebec biofuels company has signed its first deal to power an airline's jets with energy grown from Canadian oilseeds. Agrisoma Biosciences Inc. of Gatineau will supply biofuel to Australia's Qantas Airways made from Carinata seed, a non-food, industrial type of mustard seed that produces oil suitable for aviation and diesel fuel. The partnership 28

November 2, 2017 6:59 PM Barrick Gold loses key leadership at Acacia Mining amid Tanzania dispute

TORONTO -- Barrick Gold Corp. (TSX:ABX) has lost key leaders at Acacia Mining, the London-based mining company that it majority owns, as the company continues to try and resolve a major impasse with the Tanzanian government. Acacia says its chief executive officer Brad Gordon and chief financial officer Andrew Wray are both stepping down by the end of the year, the former 21

November 1, 2017 7:22 PM U.S. Senate releases trove of Russian Facebook ads, revealing sophisticated influence campaign

The ads, a sampling of some 3,000 purchased by Russians, provide the fullest picture yet of how foreign actors sought to promote Republican Donald Trump, denigrate Democrat Hillary Clinton and divide America. WASHINGTON—U.S. Lawmakers on Wednesday released a trove of ads that Russian operatives bought on Facebook, providing the fullest picture yet of how foreign 21

October 31, 2017 4:54 PM Tiger Woods to return to competitive golf next month

Woods is set to compete at the Hero World Challenge, which will make for his first official event since February. Tiger Woods has steadily been ramping up his golfing activities, and on Monday he declared that he would return to competition next month. The 14-time major winner is set to compete at the Hero World Challenge, which will make for his first 17