News by subject: ECONOMIC NEWS/TRENDS/ANALYSIS

Economic data released today shows how a motion picture like New Line / DC's Shazam! can electrify the Ontario economy. The production spent more than $55 million while filming in the GTA.Shazam!  is the origin story of DC Comics character, Billy...

The Canadian International Trade Tribunal (CITT) today issued its recommendations to the Minister of Finance on final safeguard measures. The Canadian Steel Producers Association (CSPA) is disappointed in the Tribunal's recommendation to impose...

Beer Store Warehouse Clerks in London and Windsor, Members of the United Food and Commercial Workers (UFCW) Local 12R24, have voted unanimously to ratify their second Collective Agreement as Local 12R24 members. "We achieved many significant...

The Building Industry and Land Development Association (BILD) launched its Building Answers campaign today to answer the top questions that GTA residents have about housing and development in a public, open and factual manner. The campaign will...

Dividend 15 Split Corp. (the "Company") is pleased to announce it will undertake an offering of Preferred Shares and Class A Shares of the Company. The offering will be co-led by National Bank Financial Inc., CIBC World Markets Inc., Scotia Capital...

In February, the GTA new home market saw the highest number of single-family homes sold since April 2017, the Building Industry and Land Development Association (BILD) announced today. There were 639 new single-family homes sold in February,...

Since 2013, the amount invested by Canadians abroad has increased 73.7 per cent while the amount invested by foreigners in Canada has declined by 55 per cent, finds a new study released today by the Fraser Institute, an independent, non-partisan...

Hundreds of undergraduate and graduate students at the University of Toronto walked out of the classroom today to protest changes to the post-secondary sector. This was part of a province-wide campaign at University campuses. The group of 300 were...

The government's proposed education funding cuts and changes to class sizes and curriculum will compromise learning for students across the province, while violating collective agreements, says OFL. "Increasing class sizes at any grade level means...

Few public documents are as universally recognized as Canada's Food Guide. In fact, preliminary findings of a study conducted by Dr. Sylvain Charlebois, Senior Director at the Dalhousie University Agrifood Analytics Lab and the University of Guelph,...

Today, workers at the call centre for the Ontario Cannabis Store (OCS) voted overwhelmingly in favour of unionization with UFCW Canada (United Food and Commercial Workers Union). By winning their union certification vote, the workers have become the...

VirtualArmour International Inc. , a premier cybersecurity managed services provider, has received ISO certification 27001:2013 for its information security management system (ISMS). An ISMS is a systematic approach to managing sensitive company...

Saturn Oil & Gas Inc. ("Saturn" or the "Company") is pleased to provide an operational update, including details of the Company's Q1/19 capital budget and drilling program (the "Program"), along with forecast average production volumes for the...

Parex Resources Inc. ("Parex" or the "Company") is pleased to announce its financial and operating results for the year and the three months ended ("Fourth Quarter" or "Q4") December 31, 2018. All amounts herein are in United States dollars ("USD")...

Action, not consultation is what will close the gender pay gap, says the Ontario Federation of Labour. "The gender pay gap has been widely studied. The OFL has already submitted comprehensive recommendations to ensure pay equity for all Ontario...

Extendicare Inc. ("Extendicare" or the "Company") today reported results for the fourth quarter and year ended December 31, 2018. Results are presented in Canadian dollars unless otherwise noted. Financial and Operational Highlights Q4 2018...

Madalena Energy Inc. ("Madalena" or the "Company") is pleased to announce its capital budget for 2019 of US$38 million, together with average 2019 production guidance of 2,600-3,000 BOE/d, representing growth in average annual production of 45-68%...

TDb Split Corp. ("the Company") announces that its annual financial statements and management report of fund performance for the year ended November 30, 2018 are now available at www.sedar.com and the Company's website at www.tdbsplit.com. ...

Media are invited to attend an exclusive York Region market year in review and outlook 2019 event hosted by the Toronto Real Estate Board (TREB).    Event: YORK REGION ? TREB Market Year in Review and Outlook 2019 Economic Summit   Location: Cardinal...

TransUnion's latest Canada Industry Insights Report found that, while the consumer credit market ended 2018 on generally solid ground, some areas of softness are beginning to emerge. The report shows the impact of mortgage regulations and interest...

HIGH POINT, N.C., Feb. 14, 2019 ? Recent college graduates need life skills to succeed in the workplace, according to executive leaders who participated in a national poll conducted by High Point University. In the online survey, HPU asked 500...

Chinook Energy Inc. ("Chinook" or the "Company") today announced its unaudited 2018 year end results and the results of its year end reserve evaluation effective December 31, 2018 as prepared by its independent evaluator.  Chinook's audit of its...

The Toronto Real Estate Board (TREB) will be making a presentation to the City of Toronto's Budget Committee, today, as part of the City's consultations on its 2019 budget. TREB's input, and outlook for the 2019 real estate market, comes on the heels...

British Columbians are among the best in Canada at reducing solid waste and diverting materials to recycling and compost facilities, according to a new Vancity report.     But a detailed analysis of municipal, provincial and national data reveals...

Overall in 2018, there were 25,161 new homes sold in the GTA, according to Altus Group*, BILD's official source for new home market intelligence, making 2018 the year with the lowest number of new home sales in the GTA since Altus Group started...

A stable overall construction market in Nova Scotia over the next decade is projected to result in flat levels of employment, but the construction and maintenance industry will still need to contend with the expected retirement of more than 8,100...

Sift, formerly Sift Science, today released a new report, Digital Trust & Safety: Aligning Security and Growth Strategies that reveals a critical disconnect between revenue-driving strategies and fraud prevention measures. The findings punctuate an...

In light of Alberta's continuing economic challenges and the rise of competing jurisdictions such as Texas and North Dakota, making the province's labour market more competitive could improve economic growth and benefit Alberta workers, finds a new...

Copper Fox Metals Inc. ("Copper Fox" or the "Company") is pleased to announce that its audited annual consolidated October 31, 2018 financial statements have been filed on SEDAR.  All of the Company's material subsidiaries are wholly owned, except...

Aleafia Health Inc. ("Aleafia Health" or the "Company"), announces today what it believes to be the first study reporting reduced benzodiazepine use among patients initiated and monitored on medical cannabis. Benzodiazepines, a class of...

IntelligenceBank, the leading marketing operations platform, today announced another consecutive quarter of double digit year on year growth.   The past quarter ending December 2018 resulted in a 96% year on year sales growth compared to the same...

Adopting business-forward policies that drive market growth, certainty and investor confidence will enable Alberta communities and households to thrive, says the Calgary Chamber in its 2019 Alberta Provincial Election Platform recommendations.Titled...

The last twelve months have been turbulent for Canadian real estate. Not only did the market witness big changes in borrowing rules, and interest rates, but it also saw record low sales numbers. The changes in regulations also led to a shift in where...

With the number of Canadians of core working-age at its lowest proportion on record and projected to keep falling1, a new survey conducted by The Harris Poll and commissioned by Express Employment Professionals, found that employed baby boomers want...

Total Energy Services Inc. ("Total" or the "Company") announces its preliminary 2019 capital expenditure budget of $40.5 million. Included in this budget is $17.2 million of expansion capital and $23.3 million of equipment maintenance and upgrade...

Erdene Resource Development Corp. ("Erdene" or "Company"), is pleased to announce the results of an independent Preliminary Economic Assessment ("PEA") study for its 100%-owned Khundii Gold Project (the "Project") in southwest Mongolia. The PEA was...

Ascendant Resources Inc. ("Ascendant" or the "Company") is pleased to announce it has filed on SEDAR the Technical Report titled Preliminary Economic Assessment for the Expansion of the El Mochito Mine ("PEA") for its producing zinc-lead-silver...

Northview Apartment Real Estate Investment Trust ("Northview") (NVU.UN ? TSX) announced today it has closed the acquisition of a 563 unit portfolio of five apartment properties from independent vendors in Toronto and London, Ontario. The acquisition...

Today, more than 50 per cent of the workforce (representing 1.7 billion workers) is mobile, relying on technology and mobile solutions to perform their everyday job functions. Many workers ? such as nurses, first responders, field service...

The average Canadian family can expect to spend $411 more on food in 2019, bringing their total yearly grocery bill to $12,157 thanks to more expensive fruit and vegetables, according to Canada's Food Price Report. This expected increase in food...

Canada's oil and natural gas industry has an important opportunity to enhance its relationship with Indigenous peoples by working to support the broader reconciliation process and Indigenous self-determination, according to Toward a Shared Future:...

With the holiday shopping season fully underway, Canadians are hitting the sales and grabbing gifts, and many employers have increased the number of seasonal employees they plan to hire. According to new survey results and on-the-ground reports from...

FLYHT Aerospace Solutions Ltd.  (the "Company" or "FLYHT") has been selected as the recipient of a $2.76 million interest-free WINN repayable contribution by Western Economic Diversification Canada. In early 2018, FLYHT applied for WINN funding to...

Canada House Wellness Group Inc. ("Canada House" or the "Company") is pleased to announce a number of updates on its production and sales of medical cannabis and quality-genetics seeds. Abba Medix has completed the harvest of four batches of...

Almost half of Canadians (46 per cent) graded themselves with a C or below on their financial literacy according to a recent survey* by Equifax Canada.  Survey results also revealed there is a lot of confusion on what goes into a credit report and...

At a meeting on Monday, November 26, Maple Leaf Foods announced plans to consolidate its Ontario plants by 2022. This consolidation will result in the closure of the plant in Toronto where approximately 600 employees are represented by Local 1006A...

Today, the British Columbia Utilities Commission (BCUC) issues a report outlining its findings and recommendations from Phase 1 of the inquiry into electric vehicle (EV) charging services in the province. After reviewing the evidence and submissions...

A recent survey by Course Compare, Canada's marketplace for education, suggests nearly one-tenth of professional developers in Canada have studied at a coding bootcamp. The survey findings, which are based on 500 developers' salaries and educational...

Drivers in British Columbia pay higher auto insurance rates in part because ICBC doesn't fully account for age when setting rates and it uses driver premiums to pay for non-insurance related costs, finds a new study released today by the Fraser...

As the nationwide labor shortage intensifies and building material costs continue to inflate, Think Wood recognizes the need for building owners and developers to maintain the viability of projects. Prefabricated wood buildings?which are no longer...