Economy
Canada’s wholesale and manufacturing sales fell in November, Statcan reports [UPDATED]
Wholesale sales were down in five of seven subsectors.
-
Few signs of breakthrough as May to unveil Brexit Plan B
No radical changes expected, though she may seek alterations to an insurance policy known as the “backstop.”
-
World economy forecast to slow in 2019 amid trade tensions: IMF
The International Monetary Fund cites heightened trade tensions and rising US interest rates.
-
Tough economic times are coming
SYSPRO webinar covers how smart manufacturers will weather the coming storm.
-
Trade disruptions don’t dampen Morneau’s optimism about economy [UPDATED]
Shrugs off predictions the world could be headed for another recession.
US, China leave next steps for trade talks unclear
No progress on US insistence on “structural changes” in areas such as Chinese technology policy, market access, IP protection.
Bank of Canada holds interest rate, views oil slump as temporary soft patch
The bank is now projecting growth to be just 1.7 per cent in 2019.
China protests over US warship sighting as trade talks start
Destroyer spotted in an area near disputed islands in the South China Sea.
NS prepares for worst on controversial pulp mill: ‘No easy solution here’
Proposes to dump more than 62 million litres per day of treated waste into the Northumberland Strait fishing grounds.
Waning iPhone demand highlights consumer anxiety in China
Brands from Ford to jeweler already have reported abrupt declines in sales.
Shutdown Day 12: US awmakers to hear wall plea
Trump vows the shutdown will last “as long as it takes.”
-
Trudeau will hike carbon tax if he wins 2019 vote: Scheer
Says the federal environment department is planning for a carbon tax of $300 per tonne.
Liberals say they are looking at ways to provide minimum income to all Canadians
The pledge could pull votes away from the New Democrats and Conservatives.
-
Investing in technology
You need a business strategy
GM says it has 2,700 jobs for workers slated to be laid off
That still leaves the majority of the cuts hitting white-collar workers and Canadians.
