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Amid global energy crisis, labour shortage constrains growth of Canadian oilpatch

Amid global energy crisis, labour shortage constrains growth of Canadian oilpatch

CALGARY — Labour shortages in Canada's oil and gas industry could curb its ability to quickly step in to fill a gap in supply left in the wake of U.S. sanctions against Russia, industry insiders say.
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Dorel continued to be hampered in Q4 by supply chain constraints, rising costs

Dorel continued to be hampered in Q4 by supply chain constraints, rising costs

Worsening supply chain constraints and higher costs, especially for transportation, increased fourth-quarter and 2021 net losses at juvenile products and home furnishings manufacturer Dorel Industries Inc.
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'It's scorching:' What Canada's hot labour market means for job hunters, recruiters

'It's scorching:' What Canada's hot labour market means for job hunters, recruiters

Canada's jobless rate has tumbled below pre-pandemic levels, creating a candidate-driven market where job postings abound but workers are hard to find. The unemployment rate sank to 5.5 per cent in February — the lowest it's been since it was 5.
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Statistics Canada says household debt-to-income ratio hit record high in Q4

Statistics Canada says household debt-to-income ratio hit record high in Q4

OTTAWA — Statistics Canada says the ratio of household debt to disposable income hit a record level in the fourth quarter as mortgage borrowing rose and disposable income fell.
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Looking closer at your portfolio amid the war in Ukraine

Looking closer at your portfolio amid the war in Ukraine

TORONTO — The war in Ukraine is forcing investors, especially those who prioritize environmental, social and governance (ESG) factors, to take a closer look at the stocks and other assets they hold, whether individually or through funds.
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292-metre-long bulk carrier ship adrift off Newfoundland's southeastern coast

292-metre-long bulk carrier ship adrift off Newfoundland's southeastern coast

ST. JOHN'S, N.L. — The Canadian Coast Guard says three large tug vessels are en route to help a large bulk carrier ship adrift off the southeastern coast of Newfoundland.
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US slashes Russia trade status, bans its alcohol and seafood

US slashes Russia trade status, bans its alcohol and seafood

WASHINGTON (AP) — President Joe Biden announced Friday the U.S. will dramatically downgrade its trade status with Russia as punishment for its invasion of Ukraine and also ban imports of Russian seafood, alcohol and diamonds.
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CGI to expand in Europe to buy French digital services company Umanis

CGI to expand in Europe to buy French digital services company Umanis

MONTREAL — CGI Inc. has announced a deal to expand its business in Europe with an agreement to buy Umanis, a French digital services company.
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Here's a quick glance at unemployment rates for February, by Canadian city

Here's a quick glance at unemployment rates for February, by Canadian city

OTTAWA — The national unemployment rate was 5.5 per cent in February. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.
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Here's a quick glance at unemployment rates for February, by province

Here's a quick glance at unemployment rates for February, by province

OTTAWA — Canada's national unemployment rate was 5.5 per cent in February. Here are the jobless rates last month by province (numbers from the previous month in brackets): _ Newfoundland and Labrador 12.3 per cent (12.8) _ Prince Edward Island 9.
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