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Ontario LTC nurses get 11.5 per cent pay increase over two years

Ontario LTC nurses get 11.5 per cent pay increase over two years

TORONTO — Nurses in the majority of long-term care homes in Ontario are set to get what their union is calling the most significant wage increase in more than 30 years.
Canada Infrastructure Bank lends $75M to B.C. ferry service for zero-emission vessels

Canada Infrastructure Bank lends $75M to B.C. ferry service for zero-emission vessels

VANCOUVER — Canada Infrastructure Bank is lending $75 million to British Columbia's ferry service to help buy four zero-emission vessels and install electric charging infrastructure.
Jim Hiller will remain head coach of the Los Angeles Kings after having interim tag removed

Jim Hiller will remain head coach of the Los Angeles Kings after having interim tag removed

LOS ANGELES (AP) — Jim Hiller will continue to be the Los Angeles Kings head coach after having the interim tag removed Wednesday by vice president and general manager Rob Blake.
Employers rethink value of employee connections in era of remote work: report

Employers rethink value of employee connections in era of remote work: report

TORONTO — The rise of remote work has led to a loss of workplace social connections that is negatively affecting employees, a new report suggests.
CPP Investments earned 8% in latest fiscal year, net assets rose to $632 billion

CPP Investments earned 8% in latest fiscal year, net assets rose to $632 billion

TORONTO — Canada's biggest pension fund earned an eight per cent return last year, but significantly underperformed the 19.9 per cent return of its reference portfolio.
N.S. doctors say not enough physicians to teach at new Cape Breton medical school

N.S. doctors say not enough physicians to teach at new Cape Breton medical school

SYDNEY, N.S. — Some physicians in Cape Breton say there aren't enough doctors on the island to staff the new medical school set to welcome students in fall 2025, and one doctor is worried about its ability to meet accreditation standards.
Shopify CEO Tobi Lütke joins Meta advisory council along with other tech leaders

Shopify CEO Tobi Lütke joins Meta advisory council along with other tech leaders

TORONTO — Shopify Inc.'s founder and chief executive Tobi Lütke has joined a group that Facebook and Instagram's parent company has set up to advise its leadership. Meta Platforms Inc.
Federal Reserve minutes: Policymakers saw a longer path to rate cuts

Federal Reserve minutes: Policymakers saw a longer path to rate cuts

WASHINGTON (AP) — After several unexpectedly high inflation readings , Federal Reserve officials concluded at a meeting earlier this month that it would take longer than they previously thought for inflation to cool enough to justify reducing their k
CAE's defence business takes $700M hit as fixed-price contracts drag down earnings

CAE's defence business takes $700M hit as fixed-price contracts drag down earnings

MONTREAL — CAE Inc. expects to report a half-billion-dollar loss for its fourth quarter after massive one-time charges linked to its beleaguered defence business.
British Prime Minister Sunak sets July 4 election date as his Conservatives face likely defeat

British Prime Minister Sunak sets July 4 election date as his Conservatives face likely defeat

LONDON (AP) — British Prime Minister Rishi Sunak on Wednesday set July 4 as the date for a national election that will determine who governs the U.K., as his divided and demoralized Conservative Party looks likely to lose power after 14 years.
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