The three steps to get in better financial shape

Kelley Keehn of FP Canada talks about why we need to get involved in our financial health as much as we do our physical health

The three steps to get in better financial shapeKelley Keehn is a personal finance educator and FP Canada consumer advocate. Tell me about your background and what you do now? Keehn: I was in the financial industry for over a decade. During that time, I found that whether you have a billion in the bank or a million in the hole, everyone has money…

Carbon tax gap significant between Alberta and Quebec: report

Montreal Economic Institute says policy and layers of taxes are crippling Canada's oil and gas industry

Carbon tax gap significant between Alberta and Quebec: reportThe Montreal Economic Institute, an independent public policy think-tank, says Alberta’s $30 carbon tax is around 50 per cent higher than the rate in place in Quebec, as a result of the latter province’s cap-and-trade system. MEI has just published a research paper, The Cumulative Impact of Harmful Policies – The Case of Oil and…

CN acquires Alberta-based H&R Transport

Strategy is to offer more end-to-end rail supply chain solutions to a wider range of customers

CN acquires Alberta-based H&R TransportCanadian National Railway, through a subsidiary company, has reached an agreement to acquire the intermodal division of the Alberta-based H&R Transport Limited, it announced on Thursday. “H&R is well known in Alberta and across the industry for investing in its people, systems, and assets, as well as its customer centric services and best in class…

Strong demand for Canadian industrial real estate: report

Avison Young says demand will continue to outpace new development, driven by e-commerce

Strong demand for Canadian industrial real estate: reportCanada's industrial real estate market began 2019 on a strong footing, building on the exceptional results achieved in 2018, according to a new report by Avison Young. “While Vancouver and Toronto remain key markets for occupiers and investors, scarcity of product was evident in the single-digit vacancy rates posted across the country in the first…

Women hold 19% of seats on Canadian corporate boards

StatsCan says women are more likely to be involved in smaller corporations

Women hold 19% of seats on Canadian corporate boardsStatistics Canada has released data on the gender composition of corporate boards, providing the first comprehensive estimates across all types of corporations and showing that women accounted for 19.4 per cent of directors in 2016. “Overall, the results of this analysis demonstrate that 28.0 per cent of corporations had one woman on their board of…

One in five young Canadian boomers have no retirement savings

Franklin Templeton survey also says 22% of self-employed Canadians never intend to retire

One in five young Canadian boomers have no retirement savingsA survey released on Wednesday says 21 per cent of Canadian young baby boomers, aged 55 to 64, have not saved anything for retirement. Franklin Templeton's 2019 Retirement Income Strategies and Expectations (RISE) survey also found 46 per cent of Canadian young boomers would consider postponing retirement and 15 per cent of Canadians expect to…

WestJet’s net earnings up 33% in first quarter

Board of directors declares cash dividend of 14 cents per common voting share

WestJet’s net earnings up 33% in first quarterCalgary-based WestJet reported on Tuesday that its first quarter net earnings of $45.6 million, or 40 cents per fully diluted share, rose by 33.4 per cent. That compared with net earnings of $34.2 million, or 30 cents per fully diluted share, in the first quarter of 2018. The airline’s revenue also was up 5.5 per…

Cyberattacks costing Canadian companies millions

‘As business innovation propels forward, so too does the expanding threat landscape’

Cyberattacks costing Canadian companies millionsThe cost to Canadian companies from malware and people-based cyberattacks, such as phishing and social engineering, was an average of US$9.25 million in 2018, according to new research by Accenture and the Ponemon Institute. Accenture's 2019 Cost of Cybercrime Study was based on interviews with more than 2,600 security and information technology (IT) professionals at…

Walmart investing $200 million in Canadian store renovations

The company said about 3,250 construction jobs will be created to support these upgrades.

Walmart investing $200 million in Canadian store renovationsWalmart Canada is investing over $200 million in its store network, with a focus on refurbishing and refreshing 31 stores across the country over the next year, including five stores in Alberta. The company said about 3,250 construction jobs will be created to support these upgrades. The five renovated Alberta stores are in Calgary (Westbrook),…

Malika Rajani puts the accent on high style and quality

Leather and outerwear designer is making an impact internationally with her edgy creations

Malika Rajani puts the accent on high style and qualityMalika Rajani is founder and creative director of Malika Rajani - Leather and Outerwear. Tell me about your business and what you do? Rajani: I’m an independent Canadian fashion designer. I started my namesake outerwear line after graduating from Parsons School of Design in New York City. I specialize in leather and wool and cashmere…