Monthly Archive: April 2018

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Puerto Rico lawmakers introduce board’s labour reform bill

SAN JUAN, Puerto Rico — For the first time in Puerto Rico’s history, legislators on Thursday introduced a bill created by a federal control board overseeing the island’s finances that aims to impose austerity measures the U.S. territory’s government has rejected. The bill would reduce vacation and sick leave by half, eliminate a popular Christmas […]

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Ford Canada spared from parent’s plan to cut most car models from lineup by 2020

TORONTO — Ford’s decision to discontinue almost all of its car models in North America within two years will leave its Canadian operations intact, since they are focused mainly on sport utility vehicles and light trucks. The car segment of automotive sales has been shrinking since 2012, while sales of sport utility vehicles have grown […]

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Ford Canada spared from parent’s plan to cut most car models from lineup by 2020

TORONTO — Ford’s decision to discontinue almost all of its car models in North America within two years will leave its Canadian operations intact, since they are focused mainly on sport utility vehicles and light trucks. The car segment of automotive sales has been shrinking since 2012, while sales of sport utility vehicles have grown […]

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How the government hopes to strengthen intellectual property in Canada

OTTAWA — The federal government has unveiled new measures on intellectual property as it seeks to improve Canada’s performance in a critical area of the increasingly important ideas-based economy. Intellectual property, or IP, is about owning, protecting and making money from an idea in any sector through intangible assets like patents, trademarks and copyrights. In […]

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Canada’s housing industry is still highly vulnerable to market instability: CMHC

TORONTO — Canada’s housing sector is facing a high degree of vulnerability to market instability for the seventh straight quarter, with Toronto, Hamilton, Vancouver and Victoria shouldering the brunt of the risks. That’s according to the Canada Mortgage and Housing Corporation, which analyzed overheating, acceleration of home prices, overvaluations and overbuilding in markets across the […]

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Federal government finalizes regulations to reduce methane emissions

CALGARY — The federal government says it has finalized regulations that should reduce methane emissions from the oil and gas sector by close to half. The government says the regulations include flexibilities to reduce costs, while ensuring industry meets the target of reducing methane emissions by 40 to 45 per cent below 2012 levels by […]