Canada’s freight rail network faces a severe disruption this week as the country’s two largest railroad operators, Canadian National Railway (CN) and Canadian Pacific Kansas City (CPKC), have issued lockout notices to the Teamsters union, which represents nearly 10,000 workers. This unprecedented situation threatens to bring Canada’s rail transportation to a halt, potentially causing billions of dollars in economic damage and disrupting trade across North America. The labor dispute at the heart of this crisis highlights deep divisions between the rail companies and the union over issues related to safety, worker relocation, and labor conditions.
Canada is facing an increasingly urgent need for clean energy to meet rising demand while simultaneously striving to achieve net-zero emissions as part of the global fight against climate change. Amidst this backdrop, rooftop solar power emerges as both a significant opportunity and a complex challenge for utilities across the country. While many Canadians are eager to install rooftop solar panels to reduce their electricity bills and contribute to a greener future, the regulatory environment and existing infrastructure pose substantial hurdles. This article explores the nuances of these challenges and the potential solutions on the horizon.
As the back-to-school season approaches, families across Canada are feeling the pressure of rising costs, with inflation continuing to impact the price of everyday essentials. Although inflation has slowed in recent months, the effects of the past three years of economic strain are still being felt, particularly by those with tight budgets. From school supplies to lunchbox staples, the financial burden on parents is significant, and charitable organizations are also facing difficulties in meeting the needs of struggling families.
The Canadian business landscape is poised for a pivotal week, with several significant events and data releases set to impact the economy. From inflation updates to potential labor disruptions, the coming days will be crucial for industries and markets across the country. Here's a detailed look at the key developments to watch this week.
Starting in November 2024, content creators using the Patreon platform will face a new challenge: a 30% fee on transactions made through the Patreon app on iOS devices. This change, implemented by Apple, will impact how creators manage their earnings and adjust their pricing strategies. The move comes as part of Apple’s broader policy to take a significant cut from transactions conducted via their platform, raising concerns among creators and industry observers alike.