Electric vehicle battery manufacturer Northvolt says construction of a $7-billion plant on Montreal’s South Shore will proceed as planned, despite announcing on Monday its intention to lay off 1,600 employees in Sweden. The Swedish multinational said it plans to cut 1,000 jobs in Skellefteå, 400 in Västerås and 200 in Stockholm — about a fifth of its … Read more
The massive electric vehicle battery plant in southwestern Ontario should produce its first module this month as the project looks to hire another 200 employees before the end of the year. Windsor’s NextStar Energy plant, expected to be the first facility of its kind to begin production in Canada, will eventually employ 2,500 people and spur a supply … Read more
Rhone is extending its popular men’s Commuter Collection into women’s. Rhone launched its first complete women’s collection in May and the initial response has been strong, according to Nate Checketts, chief executive officer. “Many of our styles have sold out, and the restocks in key franchises like DreamGlow have been met with overwhelming enthusiasm. It’s … Read more
Prime Minister Justin Trudeau announced Monday the federal government will reduce the number of temporary foreign workers in Canada after a historic surge that some experts say has fuelled unemployment among immigrants and young people. Trudeau also said the government is considering a reduction to the number of permanent residents Canada accepts each year — a potentially major policy … Read more
Freight trains must start rolling again first thing Monday morning, the federal labour board ruled on Saturday as it ordered thousands of rail employees back to work to end a bitter contract dispute that shut down the country’s two major railways. The decision by the Canada Industrial Relations Board (CIRB) imposes binding arbitration on the … Read more
About 800 Canadian employees are being laid off by Skip the Dishes and its parent company. The workforce reduction will affect approximately 100 Canada-based workerswith Skip the Dishes, the food delivery service’s chief executive, Paul Burns, said in a post on LinkedIn on Tuesday. Meanwhile, some 700 operations employees based out of Canada who work for its … Read more
Léa Paquette’s graduation gala in April was awkward to say the least. Recent 3D-animation graduates dressed to the nines, mingled in a room of industry professionals in downtown Montreal, exchanging LinkedIn profiles and polite smiles while everyone desperately tried to ignore the CGI elephant in the room: there’s no work. When they got into school, … Read more
Intel was set to erase nearly $25 billion US in stock market value on Friday in potentially its worst sell-off since 2000, after it suspended its dividend and slashed its workforce to fund a costly turnaround for its chipmaking business. The company’s stock fell nearly 21 per cent in pre-market trading after Intel late on Thursday … Read more
Cost of Living9:09Is it time to retire the seniors’ discount? Whether she’s attending a chamber performance or playing in one, cellist and teacher Laura Backstrom says one thing is pretty consistent — the audience “looks like a sea of white hair,” she says. In contemplating why that is, Backstrom, 60, said she initially thought it was because seniors … Read more
Postmedia has entered an agreement to purchase SaltWire, Atlantic Canada’s largest newspaper chain, according to a news release issued Friday. SaltWire has been under creditor protection since March. It publishes more than 20 papers in Atlantic Canada, including The Chronicle Herald in Halifax, The Guardian in Charlottetown, and The Telegram in St. John’s, along with associated websites. … Read more
