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Quebec tech leaders call for changes to taxation of data centres, other assets

Quebec tech leaders call for changes to taxation of data centres, other assets

Tech companies are warning businesses could flee Quebec after a pair of court cases paved the way for property tax bills to jump by more than 250 per cent at data centres, medical clinics and even supermarkets.
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Widespread Twitter layoffs begin a week after Musk takeover

Widespread Twitter layoffs begin a week after Musk takeover

NEW YORK (AP) — Twitter began widespread layoffs Friday as new owner Elon Musk overhauls the social platform . The company had told employees by email that they would find out by 9 a.m. PDT (noon EDT) if they had been laid off.
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Auto parts producers see supply chains improving but shutdowns still weigh

Auto parts producers see supply chains improving but shutdowns still weigh

Canadian auto parts makers say the supply picture is improving and helping boost their bottom line, but disruptions continue to weigh on operations and profits. Magna International Inc.
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Discount retailers, grocers driving occupancy rates up: RioCan CEO

Discount retailers, grocers driving occupancy rates up: RioCan CEO

TORONTO — RioCan Real Estate Investment Trust says retailers offering essential and discount goods are driving growth in its occupancy rates.
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From ‘Enola Holmes’ to ‘Extraction,’ Netflix bets on sequels

From ‘Enola Holmes’ to ‘Extraction,’ Netflix bets on sequels

It’s easy to forget that the Netflix original film department is still rather young. Five years ago, the streaming service didn’t even really have one. But things move quickly in the competitive streaming world, especially when starting from scratch.
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Telus reports $551M Q3 profit, up from $358M a year ago, raises quarterly dividend

Telus reports $551M Q3 profit, up from $358M a year ago, raises quarterly dividend

Telus Corp. raised its dividend as it reported a profit of $551 million in its latest quarter, up from $358 million in the same period last year.
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Powerball jackpot up to $1.6 billion, new lottery record

Powerball jackpot up to $1.6 billion, new lottery record

DES MOINES, Iowa (AP) — Strong sales boosted a Powerball jackpot to an estimated $1.6 billion on Friday, making it the largest lottery prize in history.
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Twitter layoffs hit Canadian office, involve at least two of the country's top staff

Twitter layoffs hit Canadian office, involve at least two of the country's top staff

TORONTO — Global layoffs orchestrated by new Twitter owner Elon Musk have hit the company's Canadian office with its two most senior leaders announcing they were part of the cuts.
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US employers are hiring briskly even in face of rate hikes

US employers are hiring briskly even in face of rate hikes

WASHINGTON (AP) — America’s employers kept hiring vigorously in October, adding 261,000 positions, a sign that as Election Day nears, the economy remains a picture of solid job growth and painful inflation .
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Here's a quick glance at unemployment rates for October, by Canadian city

Here's a quick glance at unemployment rates for October, by Canadian city

OTTAWA — The national unemployment rate held steady at 5.2 per cent in October. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.
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