While Canada’s total domestic passenger numbers now hover at around pre-COVID levels, air travel to smaller communities and even medium-sized cities has withered. (Gander International Airport Authority) From his office overlooking the runway at Gander International Airport, Reg Wright can see all flights in and out of his corner of Newfoundland. But in recent years, … Read more
A small tour group from mainland China embarked on a three-day trip to a Taiwan-governed archipelago on Friday, becoming the first group tour to visit the islands since Beijing loosened travel restrictions following the Covid-19 pandemic. A seven-member tour group departed from a pier in Fuzhou, capital of Fujian province, and arrived in the Matsu … Read more
Canada’s economy shed 2,800 jobs in July while the unemployment rate was unchanged at 6.4 per cent, Statistics Canada said on Friday. Employment fell in wholesale and retail trade, which shed 44,000 jobs, and in finance, insurance, real estate, rental and leasing, which shed 15,000 jobs. Public administration, transportation and warehousing, and utilities saw jobs gains. … Read more
The Bank of Canada wants the economy to pick up speed again and some members of its governing council are concerned that weak job market conditions could hinder that process. That’s according to the central bank’s newly released summary of deliberations detailing discussions ahead of the July 24 rate decision. “With the emergence of slack … Read more
Donald Trump’s vice-presidential running mate, J.D. Vance, is on TikTok — and he’s collaborating with Canadian-American social media stars the Nelk Boys. Vance’s first post on the social media site features a nine-second video where he can be seen accepting alcohol from Canadian Kyle Forgeard, one of Nelk’s founders. “Yo J.D., we want to welcome you to TikTok,” … Read more
Canada’s Competition Bureau has launched a market study into the country’s domestic air passenger service, noting that fares remain pricier than they were before the COVID-19 pandemic. In the study’s terms of reference published earlier this week, the bureau says there are signs “domestic airfares in Canada may be relatively high,” and that “average airfares … Read more
An expert who tracks Canada’s mainstream media industry says Postmedia’s pending purchase of Atlantic Canada’s largest newspaper chain is almost certain to result in job cuts and a reduction in local content. April Lindgren, a journalism professor with Toronto Metropolitan University, says Postmedia Network Inc. has also made a habit of closing unprofitable publications, having … Read more
The 2023 bull market, led by large-cap tech stocks, changed momentum this year to benefit smaller companies due to several economic trends, like the slowing rate of inflation growth that is driving up bets on a September rate cut by the US Federal Reserve. According to TipRanks, Goldman Sachs chief US equity strategist David Kostin … Read more
Former Chief Medical Advisor to the President Anthony Fauci is telling his side of the story in a new autobiography titled “On Call: A Doctor’s Journey in Public Service.” Former Chief Medical Advisor to the President Anthony Fauci joined WTOP on Wednesday to discuss his public health career, including what he says it was like … Read more
Kansas faces the worst teacher shortfall in its history. The 4,000 teaching vacancies Florida faces as the new school year approaches “is more than the population of teachers in 19 of Florida’s smallest counties combined,” the state’s teachers union says. In Vermont, there are days when whole grades of students are sent home because there’s … Read more
