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Economy

‘Dangerous precedent’: Union reacts to board ordering rail employees back to work

by James Odonell
‘Dangerous precedent’: Union reacts to board ordering rail employees back to work

After a bitter contract dispute shut down the country’s two major railways, the federal labour board ordered thousands of rail employees back to work on Saturday. Federal Labour Minister Steven …

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Categories Politics

Concern, frustration grows as CPKC, CN rail labour dispute continues – National

by James Odonell
Concern, frustration grows as CPKC, CN rail labour dispute continues – National

A national grain growers association estimated the railway labour dispute is costing farmers between $40 million and $50 million a day. A city councillor says the stoppage has disrupted the …

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Categories Politics

Dividend stocks as a hot play into fall due to Fed and interest rates

by Milton Acorn
Dividend stocks as a hot play into fall due to Fed and interest rates

It appears more investors are eyeing dividend stocks ahead of the Federal Reserve’s interest rate decision in September. Paul Baiocchi of SS&C ALPS Advisors thinks it is a sound strategy …

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Categories Science

Billions in federal contracts awarded to ‘Indigenous’ enterprises without verification

by James Odonell
Billions in federal contracts awarded to ‘Indigenous’ enterprises without verification

The Canadian government awarded billions of dollars in contracts earmarked for Indigenous enterprises without always requiring bidders to prove that they were First Nations, Métis, or Inuit, a Global News …

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Categories Politics

Rail shutdown: Union says it will challenge Ottawa’s arbitration order – National

by James Odonell
Rail shutdown: Union says it will challenge Ottawa’s arbitration order – National

The union representing rail workers has said it is looking at options to challenge Ottawa’s decision to ask the Canada Industrial Relations Board to impose final, binding arbitration to end …

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Categories Politics

Debate on whether to trim Best Buy ahead of next week’s earnings

by Adrian Jhonsan
Debate on whether to trim Best Buy ahead of next week’s earnings

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. Stocks rallied Friday after Federal …

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Categories World

‘The time has come for policy to adjust’

by Adrian Jhonsan
‘The time has come for policy to adjust’

Federal Reserve Chair Jerome Powell laid the groundwork Friday for interest rate cuts ahead, though he declined to provide exact indications on timing or extent. “The time has come for …

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Categories World

5 things to know before the stock market opens Thursday

by James Odonell
5 things to know before the stock market opens Thursday

Here are the most important news items that investors need to start their trading day: 1. Rate rally After a selloff prompted by fears about the economy earlier this month, …

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Categories Politics

How Chinese EV automakers are winning in Mexico

by Ev Richard
How Chinese EV automakers are winning in Mexico

Blocked from the U.S. by tariffs, Chinese electric vehicle makers have looked elsewhere to sell their high-tech cars. But as Mexico has emerged as a hot spot for Chinese EVs, Washington …

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Categories Technology

How Global News’ investigation into Indigenous contracting unfolded

by James Odonell
How Global News’ investigation into Indigenous contracting unfolded

Global News’ collaborative investigation into billions of dollars in federal contracts awarded to Indigenous-owned enterprises began in late 2022, when a journalist noticed that some suppliers of personal protective equipment …

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Categories Politics
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