‘We saw this coming’: citizens react to China increasing its retirement age

‘We saw this coming’: citizens react to China increasing its retirement age

China’s government has announced it is lifting the retirement age for workers. The changes set to go into effect from January 1, 2025, are seen as an attempt to mitigate the effects of a rapidly ageing society and slow down the draining of pension funds. About half of all provincial administrative regions across the nation … Read more

For its next trick, Ottawa must unload the $34B Trans Mountain pipeline. It won’t be easy

For its next trick, Ottawa must unload the B Trans Mountain pipeline. It won’t be easy

In her budget speech to the House of Commons on Tuesday, Finance Minister Chrystia Freeland took a moment to celebrate the finishing touch on expansion of the Trans Mountain oil pipeline. The controversial project has been plagued by delays and massive cost overruns, but Freeland instead focused on its completion, highlighting the: “talented tradespeople and the brilliant … Read more

SaltWire’s money woes a sign of bigger problems in the newspaper business: experts

SaltWire’s money woes a sign of bigger problems in the newspaper business: experts

The recent decision by SaltWire Network Inc., Atlantic Canada’s largest newspaper company, to seek protection from its creditors is another sign of the decline of the business and the growing threat to local journalism, experts said Tuesday. “We’re seeing a resurgence in a steady spate of closings and scaling back of local news operations,” said … Read more

MPs call for new measures to rein in Canadian pension investments in China

MPs call for new measures to rein in Canadian pension investments in China

The House of Commons special committee studying Canada-China relations is urging the federal government to introduce new measures to prevent Canadian pension funds from investing in Chinese companies implicated in human rights abuses, corruption or threats to national security. The committee’s report, tabled in the House of Commons this week, calls on Ottawa to, in partnership with … Read more