Jonathan Frostick’s first resolution after suffering a heart attack in April was to cut down on video conferencing at work. “I’m not spending all day on zoom (sic) anymore,” the London, U.K.-based program manager financial services firm HSBC, wrote on LinkedIn last month.“I’m restructuring my approach to work,” Frostick continued. “I’m really not going to be putting up with any s#%t at work ever again — life literally is too short.”The vow struck a chord. The post has attracted more 295,000 likes and 15,000 comments so far, with readers sympathizing with Frostick and sharing readmore
AstraZeneca said its COVID-19 vaccine sales were $275 million in the first-quarter and it is on track to deliver 200 million doses a month from April, as better-than-expected results and a second-half growth forecast boosted its shares. Chief Executive Pascal Soriot again defended the vaccine rollout on Friday, saying that Anglo-Swedish drugmaker had not overpromised on its ability to supply shots, as he defended big cuts in deliveries that prompted a European Union lawsuit.READ MORE: ‘Demand is outstripping the supply’ — Is Canada running out of AstraZeneca COVID-19 vaccines?AstraZeneca, which has said it will not make a profit from the shot readmore
Samantha Borquez Perez, who lives in Sarnia, Ont., had planned to travel to Cuba to celebrate her birthday with her best friend in April 2020. Her vacation was booked through Air Transat. But her trip — which would have been her first to a sun destination — was cancelled two weeks before they were set to leave as the COVID-19 pandemic took hold. Read more: Transat secures $700M deal with feds, intends to issue customer refunds The 28-year-old mother of three, who lost her job in retail due to the pandemic and is currently on maternity leave until September, was “so excited” to readmore
Following months of public pressure prompted by a surge in COVID-19 cases, the Ontario government has finally announced its paid sick leave program. The Ontario COVID-19 Worker Income Protection Program is retroactive, beginning April 19 and ending on Sept. 25. It includes access to three paid sick days, and the province has agreed to reimburse employers 100 per cent of the employee’s wage for up to $200 a day. Read more: Ontario’s COVID-19 paid sick leave program to include 3 days for workers For some, the announcement marks a victory for employees that has been a long time coming.“It’s a breakthrough readmore
The Bank of Canada is expecting strong consumption-led growth in the second half of the year as vaccinations against COVID-19 continue, Governor Tiff Macklem said on Tuesday. In comments to the House of Commons finance committee, he reiterated that considerable uncertainty surrounded the central bank‘s forecast that economic slack should be absorbed in the second half of next year. Read more: Bank of Canada keeps rates at 0.25%, raises country’s economic outlook The bank signaled last week it could start hiking rates from their record lows in late 2022, as it sharply boosted its outlook for the Canadian economy and readmore
L-R: Luigi, Super Mario series creator Shigeru Miyamoto, and Mario, posing at Universal Studios Japan’s upcoming Super Nintendo World theme park in Osaka. Nintendo / Universal Studios Japan “Dad’s busy,” as spoken by Mario creator Shigeru Miyamoto, is the energy that is going to get us through this godforsaken pandemic. Nintendo / Universal Studios Japan […]readmore
The annual pace of inflation jumped higher in March due in large part to a plunge in prices a year ago at the start of the pandemic.Statistics Canada said Wednesday the consumer price index in March was up 2.2 per cent compared with a year ago.The increase compared with a 1.1 per cent year-over-year increase in February, which was then a pandemic-era high.The figures for March marked a new high, but one that saw prices compared against a year ago when the first wave of COVID-19 crashed on Canada’s shores. Read more: From furniture to toilet paper, Canadians readmore
The Bank of Canada will say Wednesday how it sees the economy faring over the coming months and the path for inflation amid the third wave of the COVID-19 pandemic.Along with the outlook, the bank will announce what is happening to its key interest rate target that has been set at 0.25 per cent during the pandemic in a bid to lower interest rates on consumers and companies and boost the economy.READ MORE: Consumers expect to return to pre-COVID-19 spending within a year, BOC saysGovernor Tiff Macklem has said the rate won’t move until the economy is ready readmore

Over a year into the COVID-19 pandemic, Air Canada passengers are finally getting their money back.The refunds come in the wake of a nearly $6 billion financial support package that the federal government announced Monday to help prop up the airline industry, which was hit hard by the pandemic. Read more: Ottawa’s financial relief deal for Air Canada: what it means for customers But the funds don’t come without strings attached.“The conditions for Air Canada to receive this support are very clear,” said Prime Minister Justin Trudeau in a Tuesday press conference.“They will ensure that regional readmore
Canadian household spending will eclipse earnings in the coming months as vaccinations increase and uncertainty from the pandemic recedes, the Bank of Canada said in a report released Monday.The central bank says the gap between spending and wage expectations has never been so wide in its quarterly survey of consumer expectations.Officials at the bank suggest that gap is likely the result of households intending to spend some of the billions in savings built up during the pandemic, either because they cancelled purchases or had no place to spend the money due to restrictions on travel and dining out. readmore
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