Category Archives: Business

CIBC playing dangerous game by financing the flippers

By Amy Chen Shuyang Ling and Xuhong Ying of West Vancouver bought the property at 1195 Sutton Place for $2.7 million last September and are now trying to flip it for $5.4 million. They purchased the property with a little

Canadian growth of employment highest under foreign control

By Leila Lemghalef Foreign companies lead employment growth across Canada, according to Statistics Canada. Employment growth led by foreign majority-controlled firms was more than double the increase reported by Canadian-controlled firms, and employment in foreign firms is mostly concentrated in

Help small businesses instead of Bombardier

By Richard Koss According to recent reports, there are expectations from the Quebec government and from Bombardier that the federal government will match Quebec’s contribution to Bombardier of $1 billion. That’s $2 billion of taxpayers’ money going to a company

Media, Parliament, big corporations least trusted by Canadians

By Leila Lemghalef A Statistics Canada study of public confidence in Canadian institutions during 2013 and 2014, released this morning, reveals that only a minority of Canadians trust media, Federal Parliament, and major corporations. The findings show that 40 per

Corporate tax cuts contributed to slower economic growth, study finds

Corporate income tax cuts have lead to slower economic growth, a study released today by the Canadian Centre for Policy Alternatives (CCPA) has found – a finding that flies in the face of claims by both Liberal and Conservative governments

TPP will cause unnecessary suffering by making medicines unaffordable, MSF warns

The recently released text of the Trans-Pacific Partnership confirms that the deal contains dangerous provisions that would dismantle public health safeguards enshrined in international law and restrict access to price-lowering generic medicines for millions of people leading to unnecessary suffering

Bad deal for Canadian workers, great for foreign corporate giants − labour group slams TPP

The Trans-Pacific Partnership, whose full text was made available to the public yesterday after years of secret negotiations, includes provisions to harmonize Canadian labour laws with those of countries with inferior labour standards, reduce the ability of our government to

Canada will be forced to accept unlimited number of TFWs under TPP

Canada will be forced to grant work permits to an unlimited number of temporary foreign workers who are nationals of the other member countries under the terms of the Trans-Pacific Partnership, according to the final text of the deal released

Corporation linked to kicking teen off soccer team had part of licence revoked for transferring diseased salmon into open-net farms

A multinational aquaculture corporation linked to a 14-year-old girl being dismissed from a soccer team for refusing to stop criticizing the practice of salmon farming had part of its fish farm licence struck down by a judge because the company

TPP: Cancer for Canadians and closed doors for Canadian dairy exports, whistleblower scientist warns

Allowing milk from hormone-treated cows in the United States into Canada under the Trans-Pacific Partnership will increase the cancer risk for Canadians while making it more difficult for the nation’s dairy farmers to export Canadian milk overseas, according to a