Jasper wildfire latest disaster in climate claim deluge facing Canada’s insurance sector

Jasper wildfire latest disaster in climate claim deluge facing Canada’s insurance sector

Hotter summers in Canada that have sparked wildfires in tourist areas, intense hailstorms and thunderstorms with severe flooding in major cities, all likely linked to climate change, are leading to personnel shortages and potentially claims adjustment delays, according to insurance sector insiders. The industry depends on teams of insurance adjusters to look into claims and … Read more

Plaintiff in case against BlackBerry CEO revealed as former chief marketing officer

Plaintiff in case against BlackBerry CEO revealed as former chief marketing officer

Kitchener-Waterloo Lawyers for plaintiff Neelam Sandhu told a U.S. court this month that Sandhu would voluntarily proceed using her real name in the case against the Waterloo, Ont., tech company and its CEO John Giamatteo. Lawyers say Neelam Sandhu chose to use her name to prevent further harm to other women The Canadian Press · … Read more

Local journalism in Atlantic Canada in trouble as company known to ‘slash and burn’ buys dozens of newspapers

Local journalism in Atlantic Canada in trouble as company known to ‘slash and burn’ buys dozens of newspapers

If you want to understand the struggling local news landscape, look no further than Atlantic Canada, where a takeover has kept the region’s largest newspaper publisher in operation, but still leaves local journalism in a tenuous state. Toronto-based Postmedia, whose titles include the National Post and the Montreal Gazette, has taken over the financially insolvent SaltWire … Read more

Australians now have the legal right to disconnect from work. But how effective will it be?

Australians now have the legal right to disconnect from work. But how effective will it be?

Australia’s right-to-disconnect law has come into effect — giving employees the right to refuse contact if their employers reach out to them by phone or email after hours, a type of law that has popped up around the world. “What we’re simply saying is that someone who is not being paid 24 hours a day shouldn’t … Read more

Freedom Convoy’s Pat King out on bail under strict conditions

Freedom Convoy’s Pat King out on bail under strict conditions

Pat King danced out of the Ottawa courthouse Friday after being given bail with stricter social media rules and a new charge for breaching his original conditions — and having forfeited $25,000 to the court. The controversial organizer behind what became known as the Freedom Convoy protests was jailed for one week. His bail was revoked following allegations he violated court-imposed rules … Read more

MrBeast wants ‘full assessment’ of internal culture amid allegations of impropriety and unsafe sets

MrBeast wants ‘full assessment’ of internal culture amid allegations of impropriety and unsafe sets

MrBeast has ordered a full assessment of the internal culture in his YouTube empire as well as an investigation into “allegations of inappropriate behavior by people in the company,” according to a confidential memo obtained by The Associated Press. Addressed to “Team Beast” employees, the message sent Wednesday outlines infrastructure changes including plans to hire … Read more

Bank of Canada summary suggests weak job market was a concern ahead of July rate cut

Bank of Canada summary suggests weak job market was a concern ahead of July rate cut

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

Calm returns to Wall Street as U.S. stocks stabilize following recent volatility

Calm returns to Wall Street as U.S. stocks stabilize following recent volatility

U.S. stocks are bouncing back, and calm is returning to Wall Street after Japan’s market soared earlier Tuesday to claw back much of the losses from its worst day since 1987. The S&P 500 was rallying by 1.6 per cent in midday trading and on track to break a brutal three-day losing streak. It had tumbled a bit more … Read more

Global stock markets end week in a slump over fears of U.S. recession

Global stock markets end week in a slump over fears of U.S. recession

Stocks tumbled Friday on worries the U.S. economy could be cracking under the weight of high interest rates meant to whip inflation. The S&P 500 fell 1.8 per cent on Friday for its first back-to-back loss of at least one per cent since April. The Dow Jones industrial average lost 1.5 per cent, and the Nasdaq composite … Read more