Significant revenue gap between male and female entrepreneurs

Women entrepreneurs using e-commerce tools report earning 75% more revenue than their female peers who don't sell online

Significant revenue gap between male and female entrepreneursA new report released on Wednesday says there is a significant revenue gap between small business owners in Canada who are women and those who are men. The report, by PayPal Canada and Barraza & Associates, said that on average women-owned businesses earn $68,000 less than men who run similar businesses. That's a 58 per…

Canadians pay a whopping 2,112% more in taxes now than in 1961

We pay more in taxes than we do for life's basic necessities like housing, food and clothing

Canadians pay a whopping 2,112% more in taxes now than in 1961Think you’re paying way too many taxes these days? A report released on Tuesday by Canadian public policy think-tank the Fraser Institute supports that sentiment. Its Canadian Consumer Tax Index found that the average Canadian family spent 43 per cent of its income on taxes in 2017. It said the total tax bill of the…

Calgary rated most livable city in Canada, 4th in world

New survey rates Calgary behind only Vienna, Melbourne and Osaka. Vancouver and Toronto also made it into the top 10

Calgary rated most livable city in Canada, 4th in worldA new report suggests that Calgary is one of the most livable cities in the world. The Global Liveability Index 2018, a report by The Economist Intelligence Unit, rated Calgary fourth overall in the world – behind Vienna, which topped the ranking, followed by Melbourne and Osaka. The rest of the top 10 in descending…

B.C. and Alberta to lead country in salary increases in 2019

Alberta recorded the fastest economic expansion last year and B.C. posted its strongest pace in more than a decade, says Morneau Shepell report

B.C. and Alberta to lead country in salary increases in 2019If you’re working in British Columbia and Alberta, a new report by Morneau Shepell contains good news. The company’s annual survey, Trends in Human Resources, released on Tuesday, says the two provinces will lead the country in expected salary increases in 2019. B.C. will lead the pack at 2.8 per cent, followed by Alberta at…

Solid quarter results for Calgary-based Boardwalk REIT

‘With the rental market in Alberta reaching a level of balance, we continue to focus on executing on our revenue growth strategy’

Solid quarter results for Calgary-based Boardwalk REITCalgary-based Boardwalk Real Estate Investment Trust had what it calls a “solid’ second quarter with gains in rental revenue as well as average occupancy and average monthly rents throughout its portfolio. “The positive revenue trend that began approximately nine months ago from improved occupancy and higher rents as a result of our front-loaded investment in…

Canadian oil production on the upswing

Alberta (80.9%), Saskatchewan (10.7%) and Newfoundland and Labrador (5.9%) accounted for the vast majority of Canadian production of crude oil and equivalent products

Canadian oil production on the upswingCanada produced 21.8 million cubic metres (137.3 million barrels) of crude oil and equivalent products in May, up 13.5 per cent from the same month a year earlier, according to Statistics Canada. The federal agency said on Monday that non-upgraded production of crude bitumen (+22.8 per cent) was the main driver for the increase of…

BDC launches boot camps for women entrepreneurs

Initiative will focus on providing women entrepreneurs the right tools, advice and networking opportunities to tap into their potential

BDC launches boot camps for women entrepreneursThe Business Development Bank of Canada is launching a series of boot camps across the country that will focus on enhancing business skills and financial literacy for women entrepreneurs who have a desire to grow. The BDC announced its initiative on Monday as part of Canada's Women Entrepreneurship Strategy. The one-day WE Talk Business boot…

Record second quarter for Cineplex

Movie theatre giant enjoyed increased attendance, box office revenue and food service revenue

Record second quarter for CineplexCanadians apparently love going to the movies. On Friday, that was evident by record second quarter results released by movie theatre giant Cineplex. For the quarter ending June 30, total revenue of $409.1 million was up 12.4 per cent from a year ago. The company reported that attendance of 17.3 million during the quarter was…

Canadian job vacancy rate reaches new heights

Ontario led the country with 154,600 unfilled jobs, followed by Quebec at 109,600 and BC at 62,200. Alberta’s had 37,500 unfilled jobs

Canadian job vacancy rate reaches new heightsThe job vacancy rate in Canada is the highest it’s ever been, according to a new report by the Canadian Federation of Independent Business. The organization’s Help Wanted report, which was released on Thursday, said an estimated 397,400 jobs have sat vacant across Canada for at least four months and the job vacancy rate was…

Canadian Tire net income declines

But second-quarter revenue rose by 3.2% to $3.48 billion and retail sales were up by 3.6% to $4.25 billion

Canadian Tire net income declinesNet income for Canadian Tire Corp. fell by 19.6 in the second quarter compared with a year ago. In announcing its financial results on Thursday, the company said net income for the quarter, ended June 30, was $174.4 million. It also reported that revenue rose by 3.2 per cent to $3.48 billion and that retail…

Canada’s oil and gas industry faces dramatic shift

A new report by PetroLMI, a division of Energy Safety Canada, details the changing face of the energy workforce

Canada’s oil and gas industry faces dramatic shiftCanada’s oil and gas industry has undergone a significant transformation in the past decade. And as the industry has adjusted to the ups and downs of the economy, there were corresponding shifts in the distribution of the industry’s workforce and the daily experiences of those workers, says a new report by PetroLMI, a division of…

Canadian Tire, Petco launch premium pet product initiative

Partnering with Petco to offer a premium grain-free pet food line and other products, including accessories

Canadian Tire, Petco launch premium pet product initiativeCanadian Tire is entering the premium pet category in retail by partnering with Petco, a leading global pet specialty retailer. The Canadian retail giant will exclusively offer Petco's assortment of food, treats and accessories to Canadian shoppers online and in stores. “We know how important pets are to Canadian families so we're thrilled to bring…

Feds aim to reduce unemployment rate for recent graduates

1,200 graduates across Canada will have the opportunity to participate in the Digital Skills for Youth program

Feds aim to reduce unemployment rate for recent graduatesThe University of Calgary is among the participating organizations and small businesses across Canada that will be offering paid internships to under-employed post-secondary graduates over the course of the next two years. The federal government announced Friday that 1,200 graduates across Canada will have the opportunity to participate in the Digital Skills for Youth program.…

Millennials “unprepared” for down payment costs, survey suggests

A survey of more than 9,000 potential homebuyers found that those between the ages of 25 and 38 were “unrealistic” about how long it would take to raise the down payment

Millennials “unprepared” for down payment costs, survey suggestsThe majority of millennials underestimate the time and cost of getting their foot in the housing market door, a recent study from the real estate company Point2Home suggests. Property values, and by association, down payment costs, vary drastically across the country. But a nationwide survey of more than 9,000 potential homebuyers found that prospective buyers…

Price of diesel fuel increases four-fold in 20 years

A report released by ATB Financial on Thursday looks at the Producer Price Index of the construction sector since 1998

Price of diesel fuel increases four-fold in 20 yearsDiesel fuel has been leading the increase of building material prices over the last two decades. A report released by ATB Financial on Thursday looked at the Producer Price Index of the construction sector since 1998. The index tracks the price of different inputs purchased by producers, similar to the Consumer Price Index. In the…
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