Bitcoin hits US$60K for 1st time in over 2 years. What’s behind the latest rally – National
Bitcoin’s price hit US$60,000 on Wednesday for the first time in more than two years, as a surge of capital into new U.S. spot bitcoin exchange-traded products fueled a rally that has reached 42 per cent this month, on track for its largest monthly gain since December 2020. Bitcoin was last up 8 per cent […]
Did Canada avoid a technical recession? StatCan to release Q4 report – National
By Staff The Canadian Press Posted February 29, 2024 7:29 am 1 min read Descrease article font size Increase article font size Statistics Canada is set to release its fourth quarter gross domestic product report on Thursday. A preliminary estimate from the federal agency suggests real gross domestic product increased 1.2 per cent on an […]
More young adults are getting scammed despite tech-savviness: survey – National
A new survey has found nearly one-third of Canadian young adults have been victims of an online scam, despite being part of a generation marked for its digital acumen. Forty-one per cent of Canadians between the ages of 18 and 34 report having been targeted by fraudsters on social media, according to the survey by […]
Gender pay gap double in private vs public sector, report says. Why? – National
The gender pay gap for female employees in Canada’s private sector is double that in the public sector, which is doing a better job of narrowing the wage inequalities, according to a report published Wednesday. The Canadian Centre for Policy Alternatives (CCPA) analyzed hourly pay rates in 2023 and to make a fair comparison adjusted […]
‘Lack of awareness’ of safety guidelines at Boeing: FAA report – National
Boeing is not as committed to safety as it claims it is, an FAA report concluded. An investigation by the U.S. Federal Aviation Administration “observed documentation, survey responses, and employee interviews that did not provide objective evidence of a foundational commitment to safety that matched Boeing’s descriptions of that objective.” The agency launched the investigation […]
Here’s how sidelined homebuyers are preparing for possible rate cuts – National
Many Canadians who’ve been boxed out of the housing market since the Bank of Canada started hiking interest rates almost two years ago are waiting for the policy rate to drop before jumping back into the fray. A Royal LePage report based on Leger polling released Tuesday shows that more than a quarter of Canadians […]
Some Canadians exploring ‘non-traditional’ ways to own a home. What are they? – National
Nearly a third of Canadians are considering buying a home with others, renting out a secondary unit and other “non-traditional” paths to ownership amid ongoing affordability barriers in the housing market, a new poll released Thursday suggests. Re/Max Canada published the results of a poll conducted by Leger in late 2023 that surveyed Canadians on […]
Crude-by-rail shipments jumped in last half of 2023 as Alberta’s oil output grows
Canadian crude-by-rail shipments nearly doubled in volume in the last six months of 2023, as oil output from Alberta surged to all-time highs and the Trans Mountain pipeline expansion remained under construction. Data from the Canada Energy Regulator released Monday shows oil-by-rail export volumes jumped from 78,747 barrels per day in May of last year […]
Leap year 2024: Extra day doesn’t necessarily mean more pay. Why? – National
For the first time in four years, Canadians will mark Feb. 29 this Thursday. Thousands of Canadians born on Feb. 29 will actually get to celebrate their birthday on that day, and millions more will be working on it. However, does a leap year automatically translate into more pay? Unless you’re a certain type of […]
Got a grocery loyalty app? How personalized offers are designed to lure in shoppers – National
When Diana Skakavac scrolls grocery store loyalty apps, she’s always looking for her “unicorn”: personalized offers for Tide laundry powder. “My grandma is a very strict user of the Tide powder. She always has me purchase that for her,” said the Toronto woman behind the Have Coupons Will Travel account on Instagram. “It has to […]