Business

To the disbelief and anxiety of local community in Oshawa, General Motors are set to end their operations in the city, affecting almost 3,000 union and salary positions. “I have seen the same reports as many in my riding, which claim GM may be closing their operations in Oshawa, and I find these reports gravely concerning,” said Oshawa Mayor John ...

The sudden announcement that General Motors will stop making cars in Oshawa, Ont., after next year sent shockwaves through the industry on Monday. The impact of GM’s move could extend far beyond the borders of the community east of Toronto that has been synonymous with auto manufacturing for the past 65 years. Ford turns away from making cars to focus on trucks and SUVs ...

The daughter of a Kingston, Ont., senior who lost $250,000 after his trusted accountant encouraged him to invest in a “questionable” financial scheme says police did little to investigate when the suspected fraud was reported, despite all kinds of suspicious documents and the loss of the bulk of her father’s retirement savings. “I approached the [Kingston] police with this evidence and ...

Premier Scott Moe visits India on a mission to promote opportunities for trade and investment between Saskatchewan and India. He will meet government officials and business leaders and participate in various industry forums. India is Saskatchewan’s 3rd largest trading partner. “India is one of our province’s most important trading partners and holds enormous potential for further growth,” Moe said. The ...

Participating in a panel discussion and talk with students at Ryerson University in Toronto today, Finance Minister Bill Morneau launched the Government of Canada’s consultations for Budget 2019. The minister also shared the Government’s plan to invest to grow the economy and create more good, well-paying jobs for the middle class. “The Government’s plan—to invest in people, to strengthen and ...

The capital, as well as smaller towns in Ontario, British Columbia and Quebec are all being targeted by rotating strikes by the Canadian Union of Postal Workers. Members of the Canadian Union of Postal Workers have been holding strikes for a month, resulting massive backlogs of unsorted mail and packages at postal depots. Labour Minister Patty Hajdu on Thursday tabled ...