Category: Business

Plan Underway to Preserve Hundreds of Algoma Steel Jobs as Union Pushes for Federal Support

Efforts are intensifying to save hundreds of jobs at Algoma Steel Inc. in Sault Ste. Marie, where approximately 1,000 workers recently received layoff notices amid a major restructuring of the company’s production system. While uncertainty continues to cloud the steelmaker’s future, union officials say discussions with government representatives have opened the door to a potential

Bank of Canada Poised to Hold Interest Rate as Uncertainty Clouds the Outlook for 2026

OTTAWA — Canada’s central bank is widely expected to stand pat on interest rates at its final policy meeting of the year, as economists and financial markets alike anticipate a pause after a year shaped by global trade tensions, unpredictable economic signals, and a careful balancing act between growth and inflation control. The Bank of

Waterloo Prepares to Leave Crematorium Operations as Parkview Volumes Continue Sharp Decline

A Major Shift in Municipal Services The City of Waterloo is preparing to step away from the crematorium business at Parkview Cemetery after years of falling demand, rising competition, and mounting financial pressures. A staff report scheduled for council review recommends transferring operations to a private company under a decade-long lease—a move that marks a

Hundreds of Federal Public Servants Warned of Job Cuts Amid Major Government Downsizing

Union alerts staff as federal agencies begin issuing layoff warnings Hundreds of workers in Canada’s federal public service received notices this week indicating they could soon lose their jobs, as the government begins to implement sweeping cost-cutting and workforce reductions across several departments. According to labour unions, some of the hardest-hit agencies include Natural Resources

Ottawa Moves Toward Reissuing Contested Fishing Licences to Mi’kmaw Coalition

A Renewed Decision With Familiar Tensions The federal government is preparing to reissue a package of valuable commercial fishing licences to a coalition of Mi’kmaw First Nations in Atlantic Canada, a move that is resurfacing longstanding tensions with Inuit communities in Nunavut. The development marks another significant chapter in a dispute that blends Indigenous rights,

Emergency Shelter in Downtown Kitchener Offers New Hope for Women and Gender-Diverse People Facing Homelessness

A newly renovated emergency shelter in downtown Kitchener is set to provide critical support and protection for women and gender-diverse individuals who are experiencing homelessness or living in unsafe conditions. Located at 84 Frederick Street, the facility has officially opened its doors after months of construction and preparation, bringing much-needed relief to a region grappling

Youth Homicide Charges Rise in Canada Despite Falling National Murder Rates StatCan Report

Introduction: A Concerning Trend Beneath Improving National Numbers Canada’s overall murder rate may be moving in the right direction, but new data from Statistics Canada reveals a troubling and contrasting pattern among young people. A 2024 report released by StatCan shows that while the country recorded a general decline in homicide incidents, the number of

CHL Declares No Conflict of Interest in 2027 Memorial Cup Host Decision

Introduction: A Transparent Ruling Amid Growing Questions The Canadian Hockey League (CHL) has dismissed any suggestion of a conflict of interest in its selection of Guelph as the host city for the 2027 Memorial Cup, following concerns raised after Kitchener’s unsuccessful bid. The confirmation comes amid heightened scrutiny from fans and local hockey communities, particularly

Kitchener Mayor Prepares to Present 2026 Budget as Property Tax and Utility Increases Loom

Kitchener Mayor Berry Vrbanovic is set to formally present the city’s 2026 budget to city council, marking a significant milestone in a process that will shape the municipality’s financial direction for the coming year and beyond. The proposed budget includes an average annual cost increase of $117 for a typical household, reflecting planned changes to

Marc Miller Appointed as Canada’s New Minister of Identity and Culture in Carney’s Cabinet Adjustment

Prime Minister Mark Carney has appointed Montreal MP Marc Miller as Canada’s new Minister of Canadian Identity and Culture in a targeted cabinet reshuffle aimed at filling vacancies created by the recent resignation of Steven Guilbeault. The change, confirmed during a swearing-in ceremony at Rideau Hall on Monday, marks a significant shift in leadership at

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