OTTAWA — The federal infrastructure minister is defending the government’s vaunted spending plan to improve Canada’s roads, bridges, and water systems against accusations it is sputtering and overly complicated. Senate and parliamentary budget officer reports have questioned how well the government is managing the planned $186 billion in spending over the next decade. In a […]
Regulations could be destructive in an industry fuelled by constant change
If humans received a living income whether or not they work, what effect will that have on their attitudes to work, to each other, and to things we can’t imagine?
FRANKFURT — When Angela Merkel was re-elected as Germany’s leader in March, the way looked open for European nations to finally patch the remaining cracks in the euro — the structural flaws that threatened to break apart the shared currency in 2010-12. Suddenly, those prospects for far-reaching agreements are fading, as one proposal after another […]
PARIS — Thousands of people marched across France Thursday to protest French President Emmanuel Macron’s labour law changes, as rail strikes and student protests continued to shake the country. Rail workers this week resumed their rolling strike aimed at fighting Macron’s plans to revamp the national railway company SNCF and open the train network to […]
PHILADELPHIA — Rashon Nelson initially brushed it off when the Starbucks manager told him he couldn’t use the restroom because he wasn’t a paying customer. He thought nothing of it when he and his business partner, Donte Robinson, were approached at their table and were asked if they needed help. The 23-year-old entrepreneurs declined, explaining […]
CINCINNATI (AP) — Procter & Gamble Co. (PG) on Thursday reported fiscal third-quarter profit of $2.51 billion. On a per-share basis, the Cincinnati-based company said it had net income of 95 cents. Earnings, adjusted for restructuring costs and pretax expenses, were $1 per share. The results exceeded Wall Street expectations. The average estimate of 10 […]
Get ready, Alberta, a new report reveals that all the thrills and spills that follow when politicians start meddling in a boring, but well-functioning electricity market are coming your way
GENEVA — Russia has joined the European Union, India and China in demanding compensation from the United States for its tariffs on foreign steel and aluminum. The World Trade Organization’s website posted Thursday a filing from Russia that, like other countries, argues that the tariffs that took effect March 23 amount to a “safeguard” measure […]
MONTREAL — Éric Martel took over as Hydro-Québec’s chief executive in mid-2015 when the company’s troubles were apparent to even casual observers. Internal surveys showed employee engagement was at its lowest in years, public opinion of its customer services division was spiralling downward, and future profitability was threatened by a projected flattening of electricity demand, which […]