Amazon first choice for Canadian holiday shoppers

Amazon first choice for Canadian holiday shoppersBy Troy Media Canadians plan to spend an average of $1,706 this holiday season and Amazon will be their top shopping destination, says a report released on Tuesday. According to Deloitte's 2019 Holiday Retail Outlook, 60 per cent of consumers plan to research holiday purchases on the Amazon website. “There's a strong connection between Canadians'…

More than half of Canadian mortgages are uninsured

In the first quarter of 2019, nearly two-thirds of residential mortgages in arrears over 90 days were uninsured: StatsCan

More than half of Canadian mortgages are uninsuredBy Troy Media A report released on Monday by Statistics Canada says more than half of outstanding residential mortgages in Canada are uninsured. The total number of outstanding residential mortgages from non-bank lenders at the end of the first quarter of 2019 was 1.7 million, at a total value of $324.9 billion. The average value…

Canadian women more likely than men to hold multiple jobs

Workers whose main job is in health care and social assistance have the highest incidence of multiple jobholding: StatsCan

Canadian women more likely than men to hold multiple jobsBy Troy Media Over the last 20 years, the proportion of Canadian workers holding more than one job has been relatively stable. And women are more likely than men to be multiple jobholders, says a report released on Monday by Statistics Canada. “Workers whose main job is in health care and social assistance have the…

Canada-U.S. disposable income gap widens

Over the past four decades, average real annual disposable income per capita rose 40% faster in the U.S. than in Canada, says a CIBC report

Canada-U.S. disposable income gap widensBy Troy Media Real disposable income per capita in Canada is currently $13,000 higher than it was in 1980. But in the United States, it’s US$25,000 higher, says a report released on Monday by CIBC. Over the past four decades, average real annual disposable income per capita in Canada has risen by 1.3 per cent,…

Postmedia announces $6.3 million loss

Postmedia announces $6.3 million lossCanadian media giant Postmedia ended up losing $6.3 million for its fiscal year ending August 31.  The company said Thursday that the net loss compared to a net loss $33.9 million in the same period in the prior year.  “The change was primarily the result of decreases in depreciation and amortization expense, decreases in restructuring…

CP Rail reports record third-quarter revenue

Results follow record second quarter that included strong operating metrics including train speed and terminal dwell

CP Rail reports record third-quarter revenueCanadian Pacific Railway Ltd. had record third-quarter revenues of $1.98 billion, up by four per cent from a year ago. The company also reported diluted earnings per share (EPS) of $4.46, or $4.61 on an adjusted diluted EPS basis. The company also said it achieved a record-low quarterly operating ratio of 56.1 per cent. “After…

Liberal minority fuelling uncertainty in the energy sector

What will it mean for potential pipeline expansion? What about the economy?

Liberal minority fuelling uncertainty in the energy sectorThe election of a Liberal minority in Monday night’s federal election is fueling a number of questions now in the energy sector and for Canada’s economy. What will this mean for the oilpatch? What will it mean for potential pipeline expansion? What about the economy? “The biggest question mark with this election outcome is for…

Need for a job drives many of Canada’s entrepreneurs: report

Need for a job drives many of Canada’s entrepreneurs: reportCALGARY (Troy Media) - Canadians are increasingly starting their own businesses, but in many cases because they feel they have to, according to an international study on entrepreneurship. The 2018 Global Entrepreneurship Monitor (GEM) Canada report found that Canadians are among the most likely in the 49 countries surveyed to see themselves as having both…

An Eggsceptional Crustless Quiche for any time of the day

An Eggsceptional Crustless Quiche for any time of the dayOne of my favourite egg dishes is my crustless Kale, Mushroom & Onion Quiche,which I make in my French ceramic bakeware pie dish by Emile Henri. This dish is easy-to-make and suitable for breakfast, brunch, lunch or dinner or anytime you prefer to go meatless.  What you’ll need: • 4 eggs • ¾-1 cup cheese…

Millennials like me will be on the hook for election promises

Big promises by big governments cost a lot. Just like interest payments go up on an unpaid credit card, interest payments on our national debt are also going up

Millennials like me will be on the hook for election promisesAs a 22 year old, I’ve not been very actively politically – until now. The federal election has definitely made me more engaged. Once I join the workforce, over time, I’ll likely be investing over half of my income not into a home or family needs, but into governments through taxes. That realization has motivated…

Finding common ground on pipeline expansion

No issue in Canada has been framed as more black and white than pipeline development

Finding common ground on pipeline expansionIt’s often said that you can have it all, but not all at once. The key to finding work/life balance is to measure success not by the day or week, but over the longer term. So it is with our choices for Canada. We are often told that we have to choose between being socially…

Time to stop oversimplifying politics

To move our country forward we must begin to approach issues with a collaborative spirit and a yes/and approach

Time to stop oversimplifying politicsOne of the problems with present-day politics is the assertion that there is an obvious, clear-cut solution to the various political issues. Too often, the issues are oversimplified, and the options are presented as binary. Social and economic progress rooted in good public policy requires an honest look at the complexity of many policy conversations.…

Gender wage gap narrowing in Canada

Gender wage gap narrowing in CanadaThe gender wage gap in Canada has narrowed in recent years but it continues to be significant, according to a report released on Monday by Statistics Canada. In 2018, female employees aged 25 to 54 earned $4.13 (or 13.3 per cent) less per hour, on average, than their male counterparts. In other words, these women…

Living in a better world, one shared meal at a time

Ivonne Gamboa of GOAT talks about how the food-sharing app can be a difference-maker for many people

Living in a better world, one shared meal at a timeIvonne Gamboa is CEO of GOAT. What is GOAT and what does it stand for? Gamboa: Goat Generation is a mobile app that enables meal sharing among communities in a new and unique way. The term GOAT is used to define an exceptional person, experience or thing – GOAT is the greatest of all time.…

Antibiotics no cure for colds or flu

And using an antibiotic when not needed makes patients more vulnerable to antibiotic-resistant infections

Antibiotics no cure for colds or fluBy Guylène Thériault McGill University and Wendy Levinson University of Toronto Cold and flu season for many Canadians means getting ready to have their lives and routines thrown off by painful and annoying symptoms. This can mean days off work or school dealing with sore throats, nasal congestion and fever. For parents, it can be…