Courts in Ontario and Nova Scotia have thus far tended to decline to deduct, while courts in BC, Alberta, and Saskatchewan have tended to deduct. Photo credit: The Canadian Press/Jason Franson In my assessment, the official expiration of deemed IDEL in Ontario triggers a domino effect in relation to several legal issues. One is […]
If and when the deemed IDEL ends it will be a game changer for employers, employees, and the courts in Ontario, as the detonator will be set for both parties to assess the viability of their ongoing employment relationship. Photo credit: Pexels/Sora Shimazaki As you may recall from my earlier articles, there is paid […]
The U.S. and Canada should work together to build new oil pipelines to strengthen North American energy security. Photo credit: Reuters via BBC There’s an important message for U.S. President Joe Biden as he heads to Saudi Arabia this week to ask for OPEC to increase oil production: he should be asking Canada instead. […]
Two recent divergent decisions regarding Alectra Utilities’ and FCA Canada’s ability to uphold mandatory vaccination policies in the workplace underscore the need for organizations in Ontario to re-examine and, if necessary, update their respective policies. Photo credit: Twitter/Alectra Utilities Labour arbitrators remain the frontline decision-makers regarding workplaces and how they balance the needs of […]
How could twinning an existing pipeline that has been operating safely for 69 years be this late and this expensive? Photo credit: Trans Mountain On June 22, Ottawa’s Parliamentary Budget Office (PBO) reported that the Trans Mountain Pipeline Expansion (TMX) is “no longer a profitable undertaking.” The updated cost is $21.4 billion, the latest […]
As a recent Ontario case involving a terminated dental hygienist demonstrates, employers that wish to put forth fraud allegations must provide incontrovertible evidence of falsification or be prepared to face the consequences of the court. Photo credit: Pexels/Anna Shvets Gracias v. Dr. David Walt Dentistry, 2022 ONSC 2967 is a recent wrongful dismissal case […]
As a new round of union negotiations gets underway, expect any resultant public sector pay raises to increase everyday costs for the 80 per cent of Canadians who do not work for the government. Pictured: Public Service Alliance of Canada (PSAC) members rally for “fair wages” in Ottawa, June 8, 2022. Photo credit: Facebook/PSAC […]
Photo credit: Getty Images/Ryan Fletcher The case of Okano v. Cathay Pacific Airways (2022 BCSC 881) confirms that the negative impact of COVID-19 on certain industries does not alter the courts’ expectations on what is reasonable (the “how” of) when employees mitigate their damages – in this case, the airline industry. In Okano the […]
Photo credit: Pexels/Engin Akyurt As far as Canadian politicians are concerned, the soaring cost of living is like winter slush, summer mosquitos and other unfortunate forces of nature. They would love to help, but what can they do? Here’s an idea: our politicians just need to follow the lead of other countries and cut […]
New pipeline infrastructure is helping connect supply with demand, and there is significant room to grow. Pictured is Marathon Petroleum Corporation’s Galveston Bay oil refinery in Texas City, Texas. Photo credit: Marathon Petroleum Corporation The tables have turned in the largest refining market in the U.S., with oil imports from OPEC countries like Saudi […]
A recent Court of Appeal case involving a laid off Tim Hortons assistant manager failed to shed new light on whether pandemic-related layoffs or IDEL constitute constructive dismissal at common law. In Ontario employers and their counsel have been waiting for a decision from the Courts to provide guidance and some certainty on whether […]
The message is now to resume normal activities even though ‘civil society’ has spent years trying to crush the industry. Photo credit: YouTube/CBC News The love/hate relationship between oil companies and the world’s billions of customers is unique in the world of commerce. Until recently, the plan was to replace oil and gas with […]
This year, Ontario is set to spend over $13 billion simply servicing the provincial debt. That’s money that comes from Main Street and heads into the pockets of bondholders on Bay Street. If Ontarians didn’t have to pay interest on the $440-billion provincial debt, more money would be free for other priorities. Photo credit: Flickr/Jonathan […]
Establishing a framework for similar scenarios in the future, the Ontario Superior Court recently dismissed a judicial review application challenging the implementation of McMaster University’s mandatory vaccination policy. Photo credit: McMaster University Recently in Michalski v. McMaster University the Ontario Superior Court of Justice dismissed a challenge to the Hamilton university’s mandatory vaccination policy by […]
Only threat to the industry is policy that seeks to shut it down while still needed. Photo credit: The Canadian Press/Aaron Lynett The idea of the need for a “just transition” for Canadian oil and gas workers is based on the false narrative that global demand is now decreasing and therefore Canada’s industry will […]
A recent Ontario Court of Appeal workplace misconduct case involving a tap/slap on the buttocks of a female employee by a male manager yields interesting result, sets new precedent. Render v. ThyssenKrupp Elevator (Canada) Limited (2022 ONCA 310) is a recent Ontario Court of Appeal (“OCA”) that has set a new and surprising precedent. […]
The government also reaffirmed its commitment to the local tourism sector’s pandemic recovery. Photo credit: Metrolinx The Ontario government released its 2022 budget Thursday afternoon. A major part of the PCs’ record-breaking spending plan is transportation infrastructure and public transit, with $86.7 billion set aside over the next 10 years for highway rehabilitation, bridge […]
The recent passing of the Working for Workers Act, 2022 and Pandemic and Emergency Preparedness Act, 2022 means certain Ontario employers will have to add and implement various changes in the coming months. Photo credit: Pexels/Cottonbro Working for Workers Act, 2022 First and further to my previous article last month, on April 7, 2022 […]
The crown corporation previously gave Generation Squeeze $250,000 to write a report that recommended targeting the “housing wealth windfalls gained by many home owners while they sleep and watch TV.” The Canada Mortgage and Housing Corporation is pumping another $200,000 of taxpayers’ money into an organization calling for a home equity tax, according to […]
Photo credit: The Niagara Independent Earlier this week, the provincial government launched Ontario.ca/business, a one-stop online resource shop for aspiring and existing entrepreneurs. Part of the government’s broader Fewer Fees, Better Services Act, the new website is designed to reduce administrative burdens by providing the most pertinent information for starting and growing a business […]
On July 1, the provincial gas tax will be lowered by 5.7 cents per litre. Photo credit: The Niagara Independent With supply chain issues, cuts to production, foreign wars, and federal carbon taxes all helping hike the price of gas, the Ford government is doing its part to make trips to the pump a […]
On Mar. 22, 2022, an Ontario arbitrator upheld the Toronto District School Board’s mandatory vaccination policy, maintaining it did not infringe section 7 of the Canadian Charter of Rights and Freedoms. Photo credit: The Canadian Press/Frank Gunn The Toronto District School Board (TDSB) and CUPE, Local 4400 case is the first arbitration award in Ontario […]
Reliable supply supports jobs and helps lower consumer energy costs. Photo credit: Canada Action A senior leader with the U.S. Chamber of Commerce would rather see the U.S. focus on oil imports from Canada than other potential partners as the global energy security crisis from Russia’s invasion of Ukraine grows. “From a pure, selfish U.S.-centric viewpoint, […]
It’ll provide chamber members with access to accurate information on topics of local importance and allow them to engage in meaningful dialogue. Photo credit: Pexels/Ketut Subiyanto After months of pandemic-induced disconnection, the South Niagara Chambers of Commerce (SNCC) is trying to kickstart dialogue between members with a newly launched initiative called ‘Let’s Talk’. The […]
One change involves disclosure requirements around electronic monitoring of employees. Photo credit: Pexels/Thirdman As I have previously noted, the pandemic has had a significant impact on how and where we work. Prior to the pandemic remote work was the exception, not the rule. Following employers and employees needing to pivot to remote work during the […]
February marked the second month in a row in which headline inflation topped 5 per cent. Gas was up 32.3 per cent year over year, while groceries were up 7.4 per cent. Photo credit: Pexels/Artem Beliaikin On Wednesday, Statistics Canada confirmed what many struggling Canadians already knew: everyday life is getting more and more […]
Amongst several other changes, Bill 88 would guarantee “gig workers” – such as Uber drivers and DoorDash delivery people – a minimum wage, tip protection, and dispute resolution rights. Photo credit: Pexels/Norma Mortensen On the heels of the passage of the Working for Workers Act, 2021, Ontario introduced Bill 88, Working for Workers Act, 2022 on February 28, 2022, […]
Based on reports to the Canadian Anti-Fraud Centre, $379 million was lost to scams and fraud in 2021. Photo credit: Poike/iStock For nearly two decades now, relevant industry partners, government agencies, and law enforcement in Canada have observed March as ‘Fraud Prevention Month’. This year’s campaign to help individuals and businesses recognize and avoid fraud in all […]
Photo credit: Radio-Canada/Ivanoh Demers Though the Ontario government ended patron volume restrictions for all remaining indoor public settings on Monday, some establishments will continue to operate at reduced capacity for the foreseeable future. For many businesses, however, the choice to continue limiting operations is not necessarily out of an abundance of caution. Rather, it’s […]
Photo credit: Global News On Tuesday, the provincial government announced that effective Mar. 13, 2022, Ontario would be eliminating licence plate renewal fees and the requirement to have a licence plate sticker for passenger vehicles, light-duty trucks, motorcycles, and mopeds. Premier Doug Ford said elimination of the fees “is a concrete way we can […]
Photo credit: Government of Ontario What has changed? On Valentine’s Day 2022 many retailers, restauranteurs, and employers in the hospitality and tourism sectors hearts fluttered when the government of Ontario shared the decision to lift the following two public health measures if public health and health system indicators continue to improve effective March 1, 2022: […]
Declining viewership – and tricky politics – means less value for sponsors. Photo credit: Reuters/Carlos Garcia Rawlins So full disclosure: I haven’t actually watched a single minute of coverage of the current 2022 Olympic winter games that are currently taking place right now in Beijing, China – half a world away for most of […]
Photo credit: General Fusion/Bruce Power Last week, Bruce Power, General Fusion, and the Nuclear Innovation Institute (NII) announced that the trio have entered into a Memorandum of Understanding (MOU) to collaborate on accelerating the delivery of fusion power in Canada. Together, the organizations will evaluate potential deployment of a fusion power plant in Ontario, […]
Ontario’s Minister of Labour, Training and Skills Development Monte McNaughton. Minister McNaughton introduced the Working for Workers Act, 2021 at the end of last year. The act, amongst other legislative changes, banned the use of non-compete agreements. Photo credit: The Canadian Press/Frank Gunn With the passing of Ontario’s Working for Workers Act, 2021 (“WWA”) on Dec. […]
The U.S. needs reliable energy partners. Photo credit: The Canadian Press/Alex Panetta It’s been one year since President Joe Biden cancelled approval for the Keystone XL pipeline from Canada, and the United States’ thirst for oil is as strong as ever and rising. U.S. oil imports from Saudi Arabia and Russia have increased, and gasoline prices are higher than they have been […]
Bureaucrats are getting raises, while average Ontarians are undergoing endless pay cuts and closures. Photo credit: Associated Press/Wilfredo Lee Ontario has been experiencing a tale of two pandemics. One is a fairy tale for bureaucrats and the other is a grim story for the rest of us. Bureaucrats working for the province and its […]
Port of Hamilton, where vegetable oil refiner Bunge manufactures and ships its product. An arbitrator recently upheld the company’s workplace vaccination policy that does not allow alternatives to inoculation, such as frequent testing. Photo credit: HOPA Ports As we get reset to re-open under the Ontario government’s three-phased reopening plan commencing Jan. 31, 2022, […]
Premier Doug Ford and Minister Steve Clark met with municipal leaders from across Ontario on Wednesday to address the housing crisis and discuss ways in which the province can increase supply. Housing supply in Canada is at an all-time low. Per the Canadian Real Estate Association (CREA), prospective buyers across the country are facing […]
Photo credit: Calm for Business Given that we are in the fourth wave of the pandemic, greater expectations will be placed on employers to get their responses to the pandemic right. Meaning, employers are expected to be more than well familiar with and used to the occupational health and safety, and as applicable, public […]
Photo credit: Bloomberg/George Frey There has been a lot of attention in the press about the current and future increases to consumer prices across the globe. A recent survey by Ipsos of 20,000 people in 30 countries found that two-thirds of respondents were feeling the pressure of rising inflation and almost half also noted […]
Artist rendering of the planned Darlington small modular nuclear reactor. Construction on the project could begin later this year and be completed by as early as 2028. Photo credit: GE Hitachi Nuclear Energy If you’re an Ontario resident, there is a two in three chance that the electricity used to charge the phone or […]
One of the measures includes the closure of schools. Photo credit: CTV News Toronto So far in 2022 there are a number of COVID-19 response measures employers, businesses, and organizations alike in Ontario need to be aware of as we move forward. Current Phase of Our Roadmap to Reopening Effective Wednesday, Jan. 5, 2022 […]
Ontario residents are no longer permitted to dine inside restaurants. Photo credit: Getty Images/CourtneyK On Monday, the provincial government announced a return to a modified ‘Step Two’ of Ontario’s Roadmap to Reopening. The shift includes limiting retail capacity to 50 per cent, closing gyms, banning indoor dining at restaurants, and shutting down a variety […]
Photo credit: Pexels/Mikhail Nilov The Canadian Taxpayers Federation (CTF) released its annual New Year’s Tax Changes report on Monday. The report highlights the major tax changes set to come into force in 2022. “If you’re making more than $40,000, you’ll see your federal income tax bill go up thanks to rising payroll taxes,” said Franco Terrazzano, […]
The institution of mandatory vaccination policies in the workplace was perhaps the most talked about development in Ontario employment law this year. Photo credit: Canadian Lawyer Magazine The first three areas of employment law examined below have been much discussed throughout 2021; the last two areas involve new developments – the first on a […]
Just longer than the cycle for a lunar eclipse, the construction industry’s “open period” occurs under the Ontario Labour Relations Act (the “Act”) every three years for two months. Given that the majority of collective bargaining agreements (“CBAs”) in the construction industry expire on April 30, 2022, the upcoming “open period” will be from March […]
Oil and gas supports jobs and economic growth across many industries and in all provinces and territories. Photo credit: Imperial Oil There has been lots of talk about Canada’s so-called “Just Transition,” but so far little comprehensive analysis of its impact on the national economy and workforce. One of the most controversial elements of […]
Re-opening, whether partial or full, does mean automatic recovery for many business sectors. According to president and CEO of the Greater Kitchener Waterloo Chamber of Commerce, government support remains a necessity for certain industries, even as the pandemic passes through what are hopefully its final stages. Photo credit: Pexels/Maria Lindsey All governments across Canada […]
Minister of Labour, Training and Skills Development Monte McNaughton with the passed Act. Photo credit: Facebook/Monte McNaughton On Nov. 30, 2021, the Ontario government passed the Working for Workers Act (WWA) with Royal Assent expected to follow within the coming weeks. The WWA impacts a number of employment related areas and legislation, including but not […]
Photo credit: Pexels/Ekaterina Bolovtsova To date we don’t have a court decision on the merits of an employer’s vaccination policy nor a court or arbitration decision addressing an employee’s termination for non-compliance under such a policy. What we have are four court injunction decisions stemming from unionized employees attempting to prevent application of the […]
David Suzuki warns pipelines will be ‘blown up’ as opponents become more extreme. Photo credit: The Canadian Press/Sean Kilpatrick Anyone who’s been paying attention to the increasingly fraught battles over oil and gas projects has seen a decided shift in the strategies employed by industry opponents. While peaceful protest by earnest citizens remains the […]
Analyzing ‘on the ground’ realities for local businesses and employment. The headline screamed: “The end of oil age” in the Economist in 2003. Fast forward 18 years and that still doesn’t make sense in many ways. The demand for oil is increasing across the globe. Even U.S. President Joe Biden is now asking OPEC to produce more oil. […]
European energy crisis prompts course change about revisiting the role of natural gas in green energy future. Pictured is president of the European Commission Ursula von der Leyen speaking at COP26, Nov. 1, 2021. Photo credit: European Commission No part of the world has done more to tackle the climate change challenge and execute […]
Canadians should reject calls to abandon oil and gas and support innovation for cleantech solutions. Pictured is the University of Toronto. U of T recently announced it will divest from direct investments in fossil fuel companies within the next 12 months. Photo credit: University of Toronto News/Nick Iwanyshyn The global divestment movement initiated by the […]
Beyond it being Remembrance Day, November 11, 2021 is memorable for the fact that Arbitrator John Stout was the first Ontario arbitrator to allow a grievance challenging an employer’s mandatory vaccination and disclosure policy (“MVD Policy”). This case involved the Power Workers’ Union (the “PWU”) and the Electrical Safety Authority (the “Employer”). Of import, in […]
Former chairman of Walt Disney’s Direct-to-Consumer and International division Kevin Mayer delivers address at the D23 Expo in August 2019. Disney opened pre-subscriptions to its new streaming service at the expo. Disney+ officially launched on Nov. 12, 2019, two years ago last Friday. Photo credit: Disney Disney is a company that can never be […]
U.S. President Joe Biden speaking at the COP26 summit in Glasgow, Scotland, Nov. 2, 2021. The U.S. should say yes to more oil from Canada and no to more oil from Russia and OPEC. Photo Credit: Associated Press President Joe Biden says it is Russia and OPEC’s fault that consumers across the U.S. are […]
President and CEO of the Ontario Chamber of Commerce Rocco Rossi. Rossi was one of several officials representing the province’s business community to recently ask the Ford government to reconsider its expedited introduction of a $15 per hour minimum wage. Photo credit: Flickr While some have complained that Ontario’s new $15 per hour minimum […]
Ontario’s Ministry of Labour, Training and Skills Development recently introduced legislation that if passed would, among other things, force employers with over 25 employees to establish “right to disconnect” policies, such as no emails before or after work hours. But are the changes really necessary? Photo credit: Pexels/William Fortunato The COVID-19 pandemic has impacted […]
Apple co-founder Steve Jobs giving one of his iconic keynote addresses in 2005. Three weeks ago, Oct. 5, 2021, marked exactly 10 years since the legendary innovator’s passing. Photo credit: Getty Images/David Paul Morris Consumers and developers alike have become accustomed to Apple’s famous keynote events with each one targeting a different element of […]
Demand to continue growing to 2050, new outlooks show. Two new global energy outlooks released amid major shortages in Asia and Europe underscore the reality that it will take decades for the world to shift to low carbon energy. Rash policies that cut off traditional supply can have unintended consequences that threaten the ultimate goal, […]
Ontario’s enhanced vaccination certificates with scannable QR codes have officially launched. While such codes may renew privacy debates, their intended purpose is to provide an easier and more convenient process for businesses to verify patrons’ vaccination status, while protecting their privacy. Why is it “enhanced”? The QR code is built on the “SMART Health Card […]
Major project to proceed, First Nations announce plans for first-ever equity ownership offshore Newfoundland and Labrador. Photo credit: Suncor Energy Recent developments in Atlantic Canada’s oil and gas sector are giving the region a boost, providing a more positive outlook as the industry moves out of recent challenging times. First, giant Suncor Energy and […]
Hard lessons are learned only after the lights go out. Photo credit: FortisBC The world’s most important but least appreciated energy source is natural gas. While the headlines are about what is good or bad about coal, oil, nuclear power, hydroelectricity and renewables, the second largest global primary energy source is natural gas. BP’s […]
As energy prices rise, Europe remains dependent on imported oil from repressive states. Pictured: Germany’s Frankfurt (Main) Hauptbahnhof train station. Photo credit: Pexels/Sascha Hormel One of the more bizarre developments in Europe in recent years has been the twin policy path whereby fossil fuels are discouraged in favour of wind and solar, but deals […]
Photo credit: Healium At this juncture, the temporary pandemic rules under the regulation to the Ontario Employment Standards Act, 2000 (ESA) continue to be in place until January 1, 2022 for unpaid IDEL (Infectious Disease Emergency Leave) through the most recent extension of the “COVID-19 period”, and paid Ontario COVID-19 Worker Income Benefit to December […]
Quebec leads in oil imports from other countries despite Canada’s vast oil reserves. Pictured is downtown Montreal. Photo credit: Tourisme Montréal In one of the great ironies of modern Canadian life, a country with plentiful oil reserves has imported $488 billion in foreign oil since 1988. This is so despite the presence of the […]
Responsible development contributes to overall reconciliation and Indigenous self-determination. Photo credit: The Canadian Press/Yader Guzman If the federal government was serious about Indigenous economic reconciliation and self-determination, it would not engage in the “Just Transition” exercise it is contemplating. After all, observers for awhile now have concluded that responsible development contributes to overall reconciliation […]
Ontario’s Attorney General Doug Downey, the minister responsible for overseeing the Ontario Human Rights Commission (OHRC). On the day that the province’s vaccine passport system came into effect, OHRC released a statement in support of the system’s implementation in limited circumstances. Photo credit: Twitter/Douglas Downey The Commission asserts that employers must accommodate people who […]
A customer presents proof of vaccination to enter a restaurant. Photo credit: New York Times/Victor Blue What might have been missed in the election fervor is that on September 14, 2021 the Ontario government released the regulations (Reg 645/21) and guidance for businesses and organizations to support them in implementing proof of vaccination requirements, […]
Empty shelves at a retail store: a common sight at the beginning of the pandemic. If proactive steps aren’t taken early, persistent issues all along the supply chain could trigger a similar occurrence this holiday season. Photo credit: Getty Images/Justin Sullivan Even though we are only in mid-September and many of us are still […]
Photo credit: Pexels/Anna Shvets During the pandemic temporary employment standards measures were implemented that temporarily avoided the complex and difficult subject of employee constructive dismissal claims. The complexity and difficulty arises from the fact that a constructive dismissal is made out based on two steps. First, the employer must unilaterally make a significant change […]
Photo credit: Alamy/The Economist A new study by researchers with University College London (UCL) perpetuates the false narrative that the world can flip a switch to turn off oil and gas use and reduce emissions without devastating economies across the globe. The report, which specifically targets Canada – saying that Canada must leave more […]
Photo credit: Rose Magazine On September 1, 2021, to confront the health and safety challenges arising from the Delta-driven fourth wave of the COVID-19, the Ontario government created new rules effective September 22 limiting access to certain public indoor business settings assessed to have a higher-risk of transmission because face coverings cannot always be […]
Photo credit: Pexels/Mikhail Nilov Political parties are trying their best to convince Canadians they can make life more affordable. But if politicians want us to believe them, they need to look in the mirror. That’s because really making life more affordable means tackling the damage government does through regulation, high taxes, and run-away spending. […]
Photo credit: Pexels/Tim Mossholder What we all feared has come to pass – COVID-19 case numbers are increasing and Ontario’s COVID-19 Science Advisory Table confirmed that we are indeed bracing for a fourth wave of the pandemic. In many ways we’re ready for it. Ontario is better equipped to deal with the pandemic than […]
Sun Life Financial Inc’s Canadian head office in Waterloo, Ontario. On August 17, Sun Life informed its 12,000 Canadian employees that they need to be fully vaccinated against COVID-19 to return to their offices in Toronto, Montreal, and Waterloo. Sun Life is one of a plethora of employers across North America that have recently come […]
The provincial government recently released new guidelines around testing and self-isolation for those potentially exposed to COVID-19, with different rules for the vaccinated and unvaccinated. Photo credit: Getty/Forbes Under the Supporting Ontario’s Recovery Act Ontario workers, employers, volunteers, non-profits and other organizations who make an “honest effort” to follow public health advice, public health guidance […]
Honsberger Estate Winery’s wood fired pizza. Supplied photo. Greeted by the “SLOW Grapes at Work” sign, I pass lush foliage to a parking lot where behind a gate, baby doll sheep and an alpaca are milling about. This is a working farm as well as home to Honsberger Estate Winery and its picturesque outdoor restaurant. […]
Power lines run from Ontario Power Generation in Bath, Ont. Photo credit: The Canadian Press/Lars Lagberg Earlier this year the IESO (Independent Electricity System Operator) released its 2020 stats and noted Ontario’s electricity demand fell 2.1 per cent (down 2.9 terawatt hours [TWh]) from 2019, or about what 325,000 average households would consume in a year. In […]
Photo credit: Canadian Lawyer Magazine Under the Ontario Health and Safety Act (OHSA) employers must take every precaution reasonable in the circumstances to protect the health and safety of workers – including protecting workers from hazards posed by infectious diseases like COVID-19. As part of fulfilling this obligation, Ontario employers must already have in place their […]
Prime Minister Boris Johnson. Photo credit: No. 10 Downing Street/Andrew Parsons The British newspaper The Sun noted in a July 7, 2021 piece that the Boris Johnson government’s “Net Zero” agenda will cost £50,000 per household. That’s British pounds – which at today’s exchange rate is in the order of $86,000 Canadian. Per household! That’s just to get there. […]
Photo credit: Pexels/Mikhail Nilov Fifty-seven thousand dollars. That’s the average amount each Canadian will owe in provincial and federal government debt by the end of the year. It’s not just the rich or big corporations that will be mopping up this budget mess if politicians don’t take some air out of their bloated budgets. Politicians are already […]
Photo credit: Pexels/Sora Shimazaki In a previous article I wrote that so far there was no traction for the argument that an additional factor – a COVID-bump – should be considered when assessing reasonable notice entitlements in Ontario. Is the Court changing its tune? What is a COVID-bump? A COVID-bump is the argued for (by […]
Temporary House of Commons Chamber in West Block. Federal parliamentarians will meet in the space until at least 2030, as Centre Block undergoes $5 billion worth of renovations. While a long way away, the renovations will be complete some four decades before the federal government is projected to achieve fiscal balance. Photo credit: Parliament of […]
Photo credit: Pexels/Gustavo Fring Vaccinations are the silver bullet to end COVID-19. In fact, they are the only thing to protect our businesses, families, and communities. Around the world, including Canada, virtually all new COVID deaths and hospitalizations are occurring among unvaccinated people. Where vaccines are available, there is no reason that anyone 12 or […]
Last Saturday marked the 165th birthday of Nikola Tesla, the Serbian-American who invented the first alternating current motor. The company Tesla, helmed by CEO Elon Musk, took the occasion to release the long-awaited Full Self-Driving (FSD) Beta Version 9 software, the next advancement in the company’s plan for autonomous driving vehicles.
Photo credit: Pexels/Tima Miroshnichenko Recall the passing of Supporting Ontario’s Recovery Act, 2020 that provided protection from COVID-19 related liabilities to Ontarians – including employers and businesses – who act within its parameters so that: (a) no proceedings may be brought or maintained against them that relate to COVID-19 related liability causes of action, regardless […]
There are many signs of growing cooperation between First Nations and the oil and gas industry. Production of hydrocarbons on reserve land is economically important to dozens of First Nations. Although a few First Nations opposed the Northern Gateway, TMX, and Coastal Gas Link pipelines, most were willing to sign transit agreements that offered them substantial benefits in cash, employment, and contract opportunities. First Nation leaders now routinely join petroleum executives in public forums to encourage support for the industry. First Nations are even taking an ownership stake in the industry by investing in pipelines and other projects.
Only in Ottawa during a pandemic would the top issue of the day be forcing an unnecessary federal election.
With the House of Commons rising for the summer last week, speculation has ramped up of the possibility of a fall federal election.
Canadian politicians like Chrystia Freeland see tax competition as a “race to the bottom.”
But for the rest of us, a global tax cartel will mean an inevitable march toward higher tax bills and more pork for companies with access to politicians.
On June 30 Ontario moves to Step 2 of its phased reopening plan. Given that the province-wide vaccination rate has surpassed established targets, can employers impose mandatory vaccination policies as part of their roadmaps to reopen?
As we think back to the last 15 months of the COVID-19 pandemic we will remember the three lockdowns of the provincial economy in Ontario.
The COVID-19 pandemic resulted in much of the federal public service shifting to remote work. Ottawa invested in telecommunications and found new ways for employees to work effectively from far-flung locations.
There is no doubt that vaccines are the silver bullet to end the current COVID-19 pandemic. In the meantime, there are many effective tools for cutting risks to businesses and residents across Ontario. One of the most important tools is rapid screening kits.
There are two recent decisions of the Ontario Superior Court that contradict one another on the issue of whether placing an employee on IDEL (Infectious Disease Emergency Leave) amounts to common law constructive dismissal.
On June 10, Ontario’s independent Financial Accountability Office (FAO) released its spring 2021 ‘Economic and Budget Outlook’ report. The report provides an overview of the province’s current finances and an assessment of future economic outlook.
Do you ever feel good when someone won’t tell you how much something costs – something you have to pay for?
No? Me neither.
Ontario Liberal Party leader Steven Del Duca. Del Duca recently announced that, if elected, he would add several billion more to the province’s already bloated education budget. Photo credit: Postmedia Network/John Lappa
While thousands of Ontario teachers are receiving six-figure salaries, a budget crunch at the Ministry of Education means it’s time to bring their sky-high pay down to earth.
Short answer: Very little in law in Ontario. This is regardless of such considerations as: the timing of an employee’s termination prior to the pandemic, during, or due to the pandemic; and the actual time it takes an employee to find new employment. This is not to say that terminations during the pandemic, depending on the individual circumstances, may not have a negative public relations or brand impact, but that is another issue.
When you got straight A’s on a report card, it’s a good bet you rushed home from the school bus to show your mom and dad. Maybe they even stuck it on the fridge. But if that report card was covered with F’s you probably weren’t that eager to bring it up at dinner time.
Canadian babies born on federal budget day 2021 had more than $28,000 of debt the moment they opened their eyes. That’s each Canadian’s share of the federal government’s $1-trillion debt. And it’s going up.
By the time those little ones blow out their candles on their fifth birthday, Ottawa projects their shares of the federal debt will be about $35,000 each.
In re-examining your workplace, consider your workplace realities and what is and will be important to address and what you should be prepared to deal with.
In doing so, consider what your employees’ current terms and conditions of employment are, relative to what they should be going forward to protect your business, reduce potential liabilities, and increase inclusion.
Ontario Premier Doug Ford promised to end the party with taxpayers’ money. Instead, he’s replaced the iPod playlist and chip dip with the booming beats of a live DJ and a laser light show.
When he was campaigning across the province during the 2018 election, Ford promised to end the government’s free-spending ways and restore fiscal responsibility to Queen’s Park.
The inherent contradictions of American cannabis laws seem to appear in the news almost every week.
At the state level, for example, Virginia recently became the latest jurisdiction to allow adult cannabis use, effective this July 1. But just days later, a court upheld United States federal tax laws that treat state-licensed cannabis businesses as illegal drug traffickers.
If you’ve heard that Canada should skip plans to export natural gas to Asia, including from a few anti-oil and gas academics, you’ll notice one theme that pops up: how Canadian energy firms really shouldn’t waste their time, because there’s no money in it. This reasoning is daft. If there was no profit potential, energy firms would figure it out or go broke trying. The attempt by some to “helpfully” warn off Canadian energy companies is a transparent attempt by anti-oil and gas advocates to find yet another reason to bash one of Canada’s biggest employers and providers of tax revenues to all levels of governments.
Documents show the Canada Mortgage and Housing Corporation has spent over $900,000 on a plan to change its name, even though former CEO Evan Siddall told a parliamentary committee no public funds had been spent on the project.
It’s a bad idea to keep adding water to a leaky bucket. Millions of dollars have been gushing out of Laurentian University for years. And it’s not right to plug the holes with taxpayers’ cash.
Laurentian University is facing a debt crisis of its own making, and Ontario Premier Doug Ford’s political opponents are calling on the government to come to its rescue.
If you think the federal government’s so called historic spending on a national child-care scheme is big, wait until you hear how much the government is spending to cover its debt interest costs.
In its 2021 budget, the Justin Trudeau government is promising to spend $30 billion over five years on a national child-care program. That’s a tonne of money considering we couldn’t afford it pre-pandemic.
The British politician Nigel Lawson once said: “To govern is to choose – to appear to be unable to choose is to appear to be unable to govern.”
If Lawson is correct, then the only conclusion to be drawn from Finance Minister Chrystia Freeland’s federal budget is that the Trudeau Liberals appear to be unable to govern.
As Canadians wait to see just what will be in the first federal budget in more than two years, this much is certain: that the amount of red ink will surge past any other deficit records in Canada’s modern history.
What’s less certain is whether Finance Minister Chrystia Freeland plans to put Canada on a path back to fiscal sanity, or if she simply plans a dangerous double-down on sky-high spending.
Going for a drive is one of the few things families can do to get out of the house, but now they’re being hit with gas prices that have spiked to their highest point in two years. Filling up a minivan now costs $95.
Though the distribution of vaccines to Ontario’s most vulnerable populations has seen deaths due to Covid-19 fall off precipitously in the last few months, daily case rates are on the rise. In an effort to slow the precarious climb of positive transmissions, the Ford government recently made the difficult decision to thrust the entire province into its second ‘stay-at-home’ order of the pandemic.
When it comes to dining out, the experience has always been just as important to me as the food.
As Niagara eases back into the “Red Zone” and restaurants slowly begin to open again, I wondered, was I ready to get back out there? The barrage of messages about staying home had been ingrained in my mind. But, after a very long stretch of cooking at home and take out, I longed for the restaurant experience.
Sarnia’s Scott Archer could only shake his head when Michigan Gov. Gretchen Whitmer declared an energy emergency in the midst of a severe February storm. The union leader said the declaration was particularly galling given the governor continues a fight to shut down the pipeline responsible for providing most of the heating propane for her state.
A new private sector relief fund is being launched this week to help support as many Ontario food and beverage establishments as possible in reopening and recovering from the financial setbacks of the pandemic. Hockey legend Darryl Sittler has laced up his skates to endorse the Restaurant & Bar Support Fund, which looks to raise as much as $5 million for Ontario restaurants, bars, pubs, pool halls and sports bars.
There’s no question that the COVID-19 pandemic has made things difficult for many small businesses over the past year. From initial shocks to our supply chains, to mandatory social distancing, to fluctuating lockdowns, it’s been a challenging year for many. But with a growing array of vaccines available, there are increasing signs of hope, and the first indications of an economic recovery.
Dr. David Kirschman began his medical career as a spinal surgeon in Ohio. In addition to spending hours in the operating rooms trying to fix people’s spines, Kirschman has an entrepreneurial side to him. He likes to invent things that will solve problems and benefit people around the world.
John Van Vliet started in the floral industry back in 1993 buying and selling Ontario grown flowers. From 2006 until just last year he had a prosperous business distributing flowers into Rochester, NY and northern Pennsylvania. Thanks to the global pandemic that successful business was cut short.
Given our limited social activities during the pandemic, I’d hazard to guess Ontarians are avid consumers of news and social media more than ever. Is or can this quote still be true? Or true within limits given the ease, speed, and vast distribution of a media and social media messages with the use of cancel culture on line?
In 2011, Prodigy Education founders Alex Peters and Rohan Mahimker came to Innovate Niagara to explore the potential of an idea, which started as a fourth-year undergrad project.
Nearly 10 years later Prodigy, a curriculum-aligned math game for students in grades 1 through 8, has become one of the fastest-growing EdTech companies in North America with over 100 million users worldwide.
In Ontario the channels for Ontario Craft wineries to sell wine are constrained.
The LCBO controls all channels for pricing, sales and distribution. The Canadian consumer has been fed a constant stream of advertising and marketing from well-funded international wine companies. Antiquated alcohol legislation and the retail environment favours the large incumbents and imported wines. And Ontario wines struggle to distance themselves from a consumer perception of low quality and high cost. After decades of LCBO advertising and marketing to favour imported wines, Ontario grown VQA wines have less than 10% market share in our local domestic market. Our market is dominated by large conglomerate-made international blends presented as local product and cheap imported bulk wines are dumped into our market. Imported wine production is subsidized in their countries of origin and heavily subsidized marketing efforts place them ahead of our products on the shelves of the LCBO.
Every problem, challenge or impediment to the growth in our industry is caused by a complicated web of past government decisions, regulations and legislation. And at the heart of all this complexity is the collection of tax revenue. There has never been an Ontario government view of our industry as an economic growth sector or a cultural jewel. The Ontario Ministry of Finance holds all the cards and therefore, for almost 100 years the Provincial government has regarded the Ontario wine industry as nothing more than a tax opportunity.
The Ontario government is investing $2 million from the Ontario Together Fund to support Ophardt Hygiene in Beamsville as the local manufacturer of soap and sanitizer dispensers expands, creating 75 new jobs and retaining 96 positions while producing vital products to support the fight against COVID-19.
TC Energy Corp will eliminate more than 1,000 construction jobs in coming weeks and halt work on the Keystone XL oil pipeline after U.S. President Joe Biden revoked the project’s presidential permit within hours of being sworn into office, the company said in an email to employees.
Calgary-based TC Energy confirmed the authenticity of the email, sent by KXL President Richard Prior on Wednesday and seen by Reuters.
For more than four decades the iconic Clifton Hill tourist attraction, Guinness World Records Museum, entertained and mesmerized millions of visitors from all over the globe. While the popular Niagara Falls landmark has closed its doors permanently, members of the public can soon bid on some of the unique items that were once on display.
It’s been a banner season for Ontario’s auto industry and its workers. Over several months, we’ve seen more than $5 billion in investments, with upgrades and new technologies for facilities across the province. These investments will be critical to the long-term sustainability of the sector and will help to bolster our vibrant auto parts supply chain, meaning a positive outlook for the workers and their families who rely on the good jobs the auto industry provides.
On Nov. 20, 2020, the Government of Ontario Bill 218, Supporting Ontario’s Recovery and Municipal Elections Act, 2020 came into force. Under Schedule 1 of the Act retroactive protection against civil liability from March 17, 2020 has expressly been provided to any ”person” who makes a “good faith effort” to follow public health guidance and laws relating to COVID-19.
The once shining star of the Canadian tech sector Blackberry saw its stock price on a whirlwind tour over the past few months.
Following a late 2020 rally of 37 per cent on the news of an inked deal between Blackberry and Amazon Web Services (AWS), a subsidiary of Jeff Bezos’ Amazon.com, its price has since fell by 23 per cent following underwhelming third quarter fiscal 2020 numbers.
Where are we at so far in 2021?
As likely everyone is aware, when Ontario Regulation 780/20 came into effect on Dec. 26, 2020, Ontario entered the “Grey Zone” – aka our second province-wide lockdown. Southern Ontario (27 regions including Niagara) for 28-days and Northern Ontario for 14-days (7 regions) if all goes to plan.
It’s been a persistent narrative that opponents of Canada’s oil and gas industry eagerly wield even as a growing number of First Nations turn to energy projects to carve out brighter futures for their communities.
The Canadian Federation of Independent Business (CFIB) has sounded the alarm bells that businesses of all sizes, but particularly small businesses, were being hit with yet another body blow during an already horrific year.
The popular and omnipresent social media platform Facebook is facing two anti-trust lawsuits for allegedly eliminating any competition that may threaten Facebook’s overwhelming supremacy within the social media environment.
Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), and BlackBerry Limited (NYSE: BB, TSX: BB), a worldwide leader in intelligent security software and services, announced a multi-year, global agreement to develop and market BlackBerry’s Intelligent Vehicle Data Platform, known as IVY. BlackBerry IVY is a scalable, cloud-connected software platform that will allow automakers to provide a consistent and secure way to read vehicle sensor data, normalize it, and create actionable insights from that data both locally in the vehicle and in the cloud.
It only took one mouthful to know this is the star of the show.
The silky-smooth gnocchi melts in my mouth and while the rich luxurious flavours of the gorgonzola sauce are lip smacking, a new surprisingly sweet flavour takes over and my tastebuds are now fully awakened. Say hello to the oh so sweet addition of Rosewood Estates wildflower honey.
As Niagara residents wonder about when we might be headed into the “Red Zone” and lose the ability to shop for Christmas/Hanukah or go the gym and eat in a restaurant, it seems puzzling that, in a country as fortunate and well off as Canada, we are learning that most similar countries to us, like those in the G7, will have access to COVID-19 vaccines sooner than we will. If you’re wondering why, it might be because successive governments of all political stripes at both the federal and provincial level have allowed it to happen. They have plowed full steam ahead on policies that may sound fantastic because they will save some money on a budget line item but they don’t fully understand that costs will end up increasing on another line item either immediately, or at some point in the future.
As Niagara teeters on the brink of a second lockdown, we’re starting to see some signs of just what this second wave will look like. Put bluntly, it doesn’t look good.
We always knew that the battle with COVID-19 would be a back and forth affair. One of the earliest major public policy documents addressing the crisis was called “The Hammer and the Dance”, in which Tomas Pueyo described how – even after we lower the “hammer” of quarantine and isolation – we would enter an extended period of “dance” in which the infection rate rises and falls, and our shutdowns and public health measures follow suit.
With the global economy in the doldrums, the stock market’s booming performance seems to reflect a totally different reality, leaving many investors to wonder why.
The economic damage wrought by lockdowns and measures to control the spread of COVID-19 has been deep and sustained, leaving the global economy in a severe recession. Although most economists agree the global economy will bounce back in 2021, this outlook is being tempered daily in the face of the recent resurgence in global infection rates and continued signs of a softening in the economic recovery.
Just as the novel coronavirus was gaining a foothold in the United States in mid-March, Pfizer Inc Chief Executive Albert Bourla called on his top vaccine scientists and laid out a clear mission:
“He basically said, ‘Your mandate is to get this vaccine made. And if you need resources, you come and you ask for them, and you’re going to get them’,” chief viral vaccine scientist Philip Dormitzer told Reuters.
Just like last week’s positive COVID-19 vaccine news out of pharmaceutical giant Pfizer, which brought worldwide gains to stock markets, yesterday’s positive news from Moderna also moved stock markets higher.
Pre-opening of the North American stock markets, Moderna and its vaccine partner the National Institutes of Health, announced that early Stage 3 results showed their in-trial vaccine prevented over 94.5% of infections. Moderna has 30,000 people enrolled in their Stage 3 trials which started in July. They reported that of 95 participants who got COVID-19, 90 had the placebo and only five had the vaccine.
Ontario Premier Doug Ford was in Hamilton yesterday providing his daily updates. While the announcement was made in the Steel City there was a Garden City tie to the news.
Ontario-based Heddle Shipyards has entered into a new long-term agreement with Vancouver-based shipyard Seaspan to fabricate Ontario-made ship components under the National Shipbuilding Strategy. This will have a positive impact on Heddle’s St. Catharines shipyard at the Port Weller dry docks.
Yesterday’s positive news from pharmaceutical giant Pfizer on the Covid-19 vaccine front, brought worldwide gains to stock markets. Pre-opening of the North American stock markets, Pfizer and its vaccine partner BioNTech announced that early results showed their in-trial vaccine prevented over 90% of infections.
The United States has always played an oversized role in the development, success and future of western Canada’s oil and gas industry.
The upcoming US election on November 3 will affect the Canadian oilpatch yet again. Two materially different presidential outcomes are assured, be it Donald Trump or Joe Biden. The impact will be significant. What happens in the US always is. The effects will not be evenly distributed. There will be winners and losers either way.
Two Niagara residents have created a new board game that has quickly been catching on with anyone who has tried the prototype.
Blake Sherk and Ben Gigone, both in their mid-twenties, would often hang out with friends and family pre-COVID and have a games night with the goal of just bringing friends together and having a few laughs. Both men realized that out of those conversations some people didn’t know each other as well as they thought. That’s when, ‘You Don’t Know Me’ the board game, was born.
On Friday, the Swiss-based pharmaceutical and medical diagnostics company Hoffmann-La Roche announced its intention to establish a new Global Pharma Technical Operations site in Mississauga.
The site, which will support Roche’s global manufacturing and supply chain operations, is expected to create 500 new highly-skilled jobs in just over three years — 200 by the end of 2020, and an additional 300 by the end of 2023.
It was a tourist season that won’t soon be forgotten by those operating in that sector.
Despite COVID-19 shattering any hope for a profitable summer, tourism operators in Canada’s number one tourist destination displayed remarkable resilience just to even partially open attractions and restaurants amidst a plethora of restrictions.
AstraZeneca Plc started late-stage trials for an antibody medicine against Covid-19 with a large investment from the U.S.
Two trials for more than 6,000 people are starting in the next few weeks looking at prevention, with plans for a further 4,000 adults to test the antibody medicine as a treatment, Astra said in a statement. The drug will be assessed for its ability to avoid infections for as much as a year in some people and as a pre-emptive medicine once patients have been exposed to the virus in others.
Yesterday, a new report published by Kitchener-Waterloo’s BlackBerry Limited (NYSE: BB; TSX: BB) linked a known cyberespionage group, BAHAMUT, to an increasing amount of attacks targeting government officials and industry titans and also shed light on broad disinformation campaigns designed to further particular political issues and hamper the efforts of non-governmental organizations. While high ranking […]
With the high cost of post-secondary education, many parents, grandparents and other family members recognize the need to save for a child’s education well before the expenses become a reality. That’s why the Registered Education Savings Plan (RESP) is such a popular saving vehicle. Not only is the tax on the income accumulating in the plan deferred until funds are paid out, the federal government will also contribute to the plan through providing the Canada Education Savings Grant (CESG) and the Canada Learning Bond (CLB), which may be available to modest-income families. Some provinces offer additional RESP incentives for their residents.
Despite the acronym RESP being fairly common there are still many misconceptions and misunderstandings about what it really is and how it works.
With the growing concerns regarding the recent uptick in cases, the Ontario Government passed the Reopening Ontario (A Flexible Response to COVID-19) Act, 2020, Ontario Regulation 364/20 “Rules for Areas in Stage 3” on Friday, September 25, 2020 effective Saturday, September 26, 2020 at 12:01 am. Hand in hand with these “new rules” Ontario’s Ministry of Health through the province’s Chief Medical Officer released a screening “recommendation” along with a “COVID-19 Screening Tool for Workplaces (Business and Organizations)”.
The state of our country’s economy is the biggest issue of the day for Canadians, according to a new poll from IPSOS. The poll has 44 per cent of Canadians choosing the economy as the biggest priority for government, even putting it ahead of healthcare (chosen as the top issue by 36 per cent of those surveyed). All other issues fall far down the list of concerns. When it comes to strategic direction, nearly two-thirds of Canadians (64 per cent) say that natural gas and oil need to be a part of Canada’s recovery and more than half (55 per cent) believe supporting jobs in Canadian natural gas and oil is more important than ever because we need it to kick start our economy.
Canada’s largest lenders are warning Prime Minister Justin Trudeau’s government it doesn’t have carte blanche to run massive budget deficits, even though there’s some room for additional spending in the next couple of years.
Finance Minister Chrystia Freeland held a call with chief executives from the nation’s biggest banks last week to discuss the economic outlook and potential policy steps. She was told that while low interest rates provide some scope to borrow more in coming years to support the recovery, it’s imperative the government recommit to specific new debt targets to impose discipline on the budgeting process, according to one person familiar with the discussion.
Niagara Falls resident Sheila DeLuca has teamed up with Business Link Media Group and Spark Niagara to produce a new series of one-on-one interviews with local business leaders that will air monthly on Business Link’s YouTube channel.
Inspired by seeing how Niagara businesses pivoted their roles during the pandemic to help their communities, DeLuca, founder of DeLuca Leadership, wanted to shine a spotlight on community leaders who have stepped up to help others not only during the pandemic but throughout their careers. Guests will come from a variety of backgrounds like private business, healthcare, education and technology.
Hamilton has landed the big one.
Earlier this week, Amazon Canada announced their intent to create a fulfilment centre and delivery station in Hamilton. It will be one of the largest local investments in terms of square footage in the City’s history and is expected to bring over 1,500 new jobs when the facilities are scheduled to open in 2021.
As you recall, when the deemed termination provisions of the Ontario Employment Standards Act, 2000 (“ESA”) related to temporary leaves of absences caused by the March 17, 2020 declared state of emergency loomed on the horizon, an important new regulation that materially amended the ESA was passed – the Infectious Disease Emergency Leave (“IDEL”) Regulation.
This Regulation applied to non-unionized workplaces retroactively and created the concept of the “COVID-19 Period”. The COVOD Period ran from March 1, 2020 until six weeks after the state of emergency is extinguished or Sept. 4, 2020 – until Sept. 3, 2020.
Recent polls by the Pew Research Center show that 88% of Canadians think our governments have done a “good job” with the COVID-19 crisis. In part, this may be because the Canadian government recognized early on that one of the real danger points in the pandemic was a possible loss of consumer confidence. If people believed they were going to be in financial trouble, they would stop spending, start hoarding, and leave their dollars in the banks – all of which could trigger a broader collapse of the economy.
For Niagara’s largest home builder working through a global pandemic has been challenging. But with their latest project in full swing and others on the horizon, Mountainview Building Group is glad to be launching new projects.
The award-winning home builder has now broken ground on one of their most anticipated communities – One Fonthill. The group recently joined together with future residents to celebrate the beginning of construction on the first condo building called One Twenty.
Thinking about Niagara’s Opportunities in a Post-Brexit World Remember Brexit? In the midst of a global pandemic, a related economic slump, the WE charity scandal and the usual Trump-related political insanity south of the border, one can be forgiven for overlooking yet another international crisis that has dropped from the headlines. As 2020 rolls along […]
The Nitsopoulos family has been in the hospitality business for decades. Owning the majority of St. Catharines’ hotels as well as a number of restaurants over the years, they’ve seen ups and downs in the business cycle but nothing could have prepared them for the crushing financial blow that COVID-19 has delivered the family business over the past six months.
In the COVID-19 recovery phase, natural resources are well-positioned to step in to assume their traditional leadership role in creating wealth and jobs for Canadians, writes economist Philip Cross.
With so many investors thrown off course by the unprecedented downturn, the stock market’s turnaround since March 23, and the increasing signs of an economic rebound underway, this has led to a cautious optimism. Over just the last quarter (April through to June), the U.S. stock market has soared over 20%, while the Canadian market has gained almost 17%. While both markets remain below their values at the beginning of the year, both have regained nearly all of the losses they incurred in March.
The Alberta government says it plans to join three other provinces in exploring small-scale nuclear technology.
In early December the provinces of Ontario, New Brunswick and Saskatchewan signed a memorandum of understanding to work together to develop SMR technology. In addition, the federal government has developed the Canadian Small Modular Reactor Roadmap that states using small modular nuclear reactors can help meet Canada’s climate change commitments.
Moores Clothing for Men, which has locations in St. Catharines and Niagara Falls, is the latest retail chain to file for bankruptcy protection amid the pandemic.
Tailored Brands, which also owns Men’s Wearhouse and Jos. A. Bank stores, announced it will continue to operate most stores during restructuring and expected to reduce its funded debt by $630 million.
Niagara-one-the-Lake pharmacist and business owner Sean Simpson said receiving the Anita Robertson Legacy Award is “bitter-sweet”. Both Simpson and Robertson spent countless hours volunteering with the United Way as well as many other boards and charities throughout the Region and knew each other well. Sadly, in a tragic accident, Anita, along with her husband Joe and their daughter Laura died in July 2018 after their plane crashed in rural Maine.
The Trudeau government’s energy policies have contributed to substantial job loss and a 35 per cent decline in oil and gas investment over the last five years—and that’s just the beginning of the bad news.
According to a new Statistics Canada report, investment in the energy sector could shrink by an additional 40 per cent this year and see up to 220,000 more jobs lost. The report also noted the obvious—that the “oil and gas industry is an important contributor to the Canadian economy.”
An Alberta home building company is set to begin manufacturing its unique homes in Welland creating an initial 100 jobs with that number projected to increase to about 600. Management will arrive on site in the coming weeks with production scheduled to begin in mid-August.
As the Conservative Party of Canada’s leadership races enters its final weeks, more attention is being paid to the platforms of the four candidates. One important segment of the Canadian economy that has been consistently neglected and mistreated by the Trudeau Liberal government is small- and medium-sized businesses (SMEs). Considering that the SME sector represents about half of Canada’s economy and employment, it is pretty foolish for any government to not work to bolster the strength of this sector. But the current Liberal government clearly has no respect for SMEs, as indicated early on by Trudeau’s own erroneous characterization of small business owners as “tax cheats”, and their subsequent punitive changes to small business tax policies that were completely unnecessary.
Labour costs in Canada increased to 112.10 points in the first quarter of 2020 from 110.94 points in the fourth quarter of 2019. Added to this are the losses in revenue and increased costs of doing – or not doing business – during the COVID-19 pandemic and the declared state of emergency.
The COVID-19 outbreak has exposed weaknesses in our global supply chain for critical key industries. As a result, industries around the world are now looking at how they source and operate supply chains. Experts are calling for renewed focus on building local supply capabilities to ensure that Canadian industry can operate effectively in times of disruption. The oil sands could supply one of these raw materials, but it’s not what you think.
According to the Financial Accountability Office of Ontario (FAO), St. Catharines – Niagara’s employment fell by 15.2% between February and May and represents the second hardest hit area in the province due to the COVID-19 pandemic. Windsor experienced an employment drop of 19.1% in the same period.
Premier Ford joined Canadian Federation of Independent Business (CFIB) president Dan Kelly recently to launch the Canadian Federation of Independent Business’s (CFIB’s) new #SmallBusinessEveryDay campaign in Ontario to encourage local shopping and amplify the actions of other organizations supporting local businesses through COVID-19 recovery.
The Premier and Dan Kelly were joined for the Ontario campaign launch at Tre Rose Bakery in Etobicoke by Prabmeet Sarkaria, Associate Minister of Small Business and Red Tape Reduction and Toronto councillor Michael Ford.
By any standard, 2020 can be described as a pretty bad year. We’ve had global pandemics and unprecedented unemployment, police killings and unrest in the streets, stock market crashes and global trade wars. But what if I was to tell you that – from a business perspective at least – 2021 could be even worse?
I’m not one to preach doom and gloom or the end of the world – but sometimes it’s important to recognize what we’re facing, and approach the future with eyes wide open. And the more prepared we are for what comes next, the better we may be able to respond.
In the middle of a once-in-a-century pandemic, it is difficult for Canadians, our families, businesses and governments to look beyond confronting the immediate effects of COVID-19. However, even as Canadians continue supporting each other today, we must also begin looking over the horizon to the post-COVID-19 world to start planning how our country and economy can emerge stronger.
Enbridge Inc. says 800 employees have voluntarily left the company, allowing it to avoid layoffs as it cuts costs to counter impacts from COVID-19 and lower global oil prices.
The Calgary-based pipeline company announced in May it would defer $1 billion in capital spending this year and reduce costs by $300 million through measures including salary cuts and voluntary staff reductions.
Innovate Niagara has been selected to help deliver Digital Main Street programming across the province. As part of a $57-million investment announced today by the Federal Economic Development Agency for Southern Ontario (FedDev) and the Province of Ontario, Innovate Niagara will work with its regional innovation partners Communitech, WEtech Alliance, TechAlliance, Innovation Guelph, Innovation Factory, […]
Last week I had a chance to sit in on a video meeting with architects and real estate developers in the United States. As they considered possible projects and designs, the discussion inevitably turned to questions about the impacts of COVID-19 on the future real estate market. Part of this is just trying to figure out how the real estate market will behave when things improve – but part of it is also a bigger set of questions. How will the real estate market change after COVID-19? Will offices (for example) still be in demand? For that matter, will the office as we know it still exist?
COVID-19 and the province’s Declared State of Emergency (in place currently until June 30, 2020) has caused the rules of employment law to be in a state of flux, with business and employment relationships changing how they operate. There are, and will be, many unknowns as we move forward. Some certainty have been provided by amendments to employment legislation and the enactment of new regulations providing new standards during or related to the Declared State of Emergency. Such regulations are not themselves static. They have been passed, updated and will likely be updated moving forward as the economy re-opens. One is Regulation 82/20 – Closure of Places of Non-Essential Businesses passed on May 18, 2019, which is reviewed in this article.
The Royal Bank of Canada and the Bank of Montreal said earlier this week that their fiscal quarter profit was cut in half. Both banks were forced to set aside huge amounts of money to possible loan losses due to COVID-19’s impact on the Canadian economy.
Canadian communities are now about two months into the COVID-19 crisis, and the passage of time has started to give us some insights into the pandemic’s impact on the economy – and what we can do to prepare for economic recovery. I’ve been running a series of online workshops for communities with the Economic Developers Association of Canada (EDAC), and this article – the final piece in a three-part series for The Niagara Independent – draws on materials from sessions I ran for about 125 communities in April and May.
To absolutely no one’s surprise the Consumer Price Index for April – more commonly know as the inflation rate – dropped into negative territory in Canada for the first time in more than a decade.
The last time the CPI was in the red was September 2009 as a result of the sub-prime mortgage crisis.
Canadian communities are now about two months into the Covid-19 crisis, and the passage of time has started to give us some insights into the pandemic’s impact on the economy – and what we can do to prepare for economic recovery. I’ve been running a series of online workshops for communities across Canada, and this article – the second in a series of three for the Niagara Independent – draws on materials from a session I ran for 103 communities on April 30th (And for those who are interested, the Economic Developers Association of Canada has asked that I run this session again on May 26th – sign up details can be found at https://uwaterloo.ca/economic-development/courses-and-seminars/covid19-and-economic-developers-online).
COVID-19 has hit hard. Businesses shutdown, people have lost their jobs and are sitting at home waiting for the day they can restart their business and/or go back to work. Starting just last weekend across Niagara and the province, hardware and safety supply stores were allowed to open to the general public to shop, with safety measures laid out by the Government of Ontario.
Part One: Reaction
Canadian communities are now about two months into the COVID-19 crisis, and the passage of time has started to give us some insights into the pandemic’s impact on the economy – and what we can do to prepare for economic recovery. I’ve been running a series of online workshops for communities across Canada, and this article – the first in a series of three over the next three issues of The Niagara Independent – draws on materials from a session I ran for 103 communities on April 30th.
To pay for COVID-19 programs like the Canada Emergency Response Benefit (CERB), federal and provincial governments are expected to borrow 12 per cent of the country’s income, adding to a public debt of more than $770 billion.
Now that the minds of policy makers and others begin to turn to how our economy will operate after the COVID-19 crisis has passed, one issue arising is how will Canada’s relationship change with its major trading partners. In any given year, Canadian exports and imports each represent about one-third of our Gross Domestic Product, so any change in our international trading arrangements is a big deal. Over the last couple of decades, Canada has also signed several substantial trade agreements, further broadening our economic involvement with other countries. The economies of all Canadian provinces are significantly dependent on trade, with Ontario and Alberta being particularly vulnerable to trade disruption.
In the coming months, the federal government will receive numerous suggestions for how to kick-start the economy after the COVID crisis passes. One such suggestion from Jim Stanford, former chief economist for the Canadian Auto Workers union and frequent contributor to the Canadian Centre for Policy Alternatives, calls for a modern “Marshall Plan.”
Businesses have been particularly hard hit from the widespread COVID-19 pandemic and are continuing to work closely with various levels of government to address the challenges of today and what an economic recovery could look like.
When my father Darsell and I started Absolute Combustion almost 15 years ago, we imagined that one day, we’d be a world-leading cleantech firm with thousands of employees, a strong international market and good prospects for growing even bigger. And so we poured everything we had into making our dream a reality – every penny in the bank, every possible hour in the day, and made every sacrifice we could on a risky bet that maybe one day, it would pay off.
In the coming days, weeks and months, businesses are going to become more reliant than ever on their digital strategy. Without wanting to sound too alarmist, in many cases it will be the deciding factor in whether they make it through the tough times ahead.
The world’s top oil producers pulled off a historic deal to cut global petroleum output by nearly a 10th, putting an end to the devastating price war between Saudi Arabia and Russia.
After a week-long marathon of bilateral calls and video conferences of ministers from the OPEC+ alliance and the Group of 20 nations, an agreement finally emerged to tackle the impact of the pandemic on oil demand.
The difference between economics and economic development is like the difference between science and engineering … scientists might know the theory, but you wouldn’t want them to build a bridge. The reason we trust engineers to build bridges is because they’ve actually had to build them many times before, learning and verifying what works each time they do. Engineering is “applied” science, based on the insights and skills built by generations of doers and builders. In that sense, economic development is applied economics, and it builds on the insights and experiences of generations of street-level practitioners working to strengthen local economies.
Lessons from elite military teams to stay focused during periods of uncertainty.
How are you handling the coronavirus pandemic so far? The stock market has seen massive swings, gyms and restaurants are closed, everybody’s working from home. The new normal is surreal. Feels like we’re living through history.
While we all hunker down and wait out the Covid19 health and economic crisis – and dearly hope we see some light at the end of the tunnel sooner than later – there will also be opportunities to consider once the worst has passed and we move into recovery mode. One longstanding inequity that has become even more glaringly obvious during this crisis is the large and growing gap between the compensation and benefits of the vast majority of public sector workers and the private sector taxpayers who pay for them.
When Ontario Finance Minister Rod Phillips stood in Queen’s Park on Wednesday to deliver an economic update in place of the 2020 budget he had one job – make sure the cure for COVID-19 isn’t worse than the pandemic itself.
By cure I mean the response from an economic standpoint, not the actual vaccination health care professionals and scientists around the world are working on right now.
Effective today at 11:59 p.m. all Ontario businesses not deemed to be essential are being ordered to close up shop. The Ontario Government announced the decision yesterday in order to help further contain the spread of COVID-19.
Janice Thomson has stopped using the word “unprecedented”. The CEO of Niagara Falls Tourism has heard it too many times but she admits it’s hard to find another word to describe what has happened in Niagara, across Canada and around the world as a result of the global COVID-19 pandemic.
Thomson herself is in day six of self-quarantine after returning to Canada from a vacation abroad. She continues to work from home, speaking with tourism leaders and monitoring the situation on a daily basis. “The world has changed. Who would have ever expected something like this?”
While we are being reassured that the Ontario and Federal governments have implemented measures to protect Ontarians from COVID-19 as well as to assist with flatten the epidemic (EPI) curve of COVID-19, to do so truly requires every Canadian to conduct themselves in a socially conscious and responsible manner. This can be easier said than done – especially given economic considerations at play.
Leaders are usually the last person people show concern for during a crisis because they’re the boss (which apparently doesn’t make you human). I work with a lot of CEOs and can confirm they are human beings with families and challenges. So, do take time for your own wellness between fires. Everyone is counting on you to lead and you can’t afford to wear yourself out.
They’re called SMRs, they will soon be a game changer for the world’s energy sector and Canada is at the forefront of their development.
SMRs or Small Nuclear Reactors have been around for a while, originally designed and built for naval use, but now they are coming online as part of the world’s power generating options. And they bring with them a lot of advantages.
It will happen. That moment in time when something goes wrong, a tragedy occurs and the spotlight is shining brightly on a corporation for all the wrong reasons. How best to handle crisis communications in the corporate world in the twenty-first century? Two of the most experienced leaders in this space have put pen to paper and compiled their experiences and lessons learned over decades into a new book called Leaders Under Fire – The CEO’s Survival Guide to Navigating Corporate Crisis.