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COVID-19 burnout is real — and your employer is worried about it, too
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COVID-19 burnout is real — and your employer is worried

admin May 1, 2021

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

Why a strong Canadian dollar isn’t an excuse to indulge in ‘retail therapy’
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Why a strong Canadian dollar isn’t an excuse to indulge

admin April 30, 2021

The Canadian dollar has come a long way in the past year and its trajectory places it among the strongest currencies of 2021. It has been trading above 81 cents relative to the greenback for seven days in a row, and currency analysts say it could climb further in coming months.The loonie had plunged to 70 cents US at the onset of the pandemic, when fearful investors piled into the perceived safety of the greenback. And commodity prices collapsed. But things are different now.As the uneven global recovery begins — with Asian economies at the forefront and China leading the charge — demand readmore

Ontario is launching paid sick leave. Should other provinces follow suit?
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Ontario is launching paid sick leave. Should other provinces follow

admin April 29, 2021

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

Overcrowded orbit: how space tech is helping direct traffic around Earth
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Overcrowded orbit: how space tech is helping direct traffic around

admin April 28, 2021

On October 6, 1957, Russia’s Sputnik 1 made history as man’s first satellite to reach into space. Today, an estimated 6,000 satellites are making the rounds in Earth’s lower orbit, along what has become a busy satellite superhighway. Private industry is driving a space boom. Over the next several years, companies like Amazon and SpaceX plan to launch tens of thousands of satellites. Commentary: Upcoming space missions to keep an eye out for in 2021 Canada, too, is investing more money in their own space fleet, and even some upcoming trips to the moon. In total, $9.9 million was included in last week’readmore

Shopify revenue jumps 110% amid pandemic-driven online sales boom
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Shopify revenue jumps 110% amid pandemic-driven online sales boom

admin April 28, 2021

Canada’s Shopify Inc, on Wednesday smashed first-quarter profit and revenue estimates on resilient demand for the company’s e-commerce platform from businesses despite a gradual opening of economies. The company, which provides infrastructure for retailers to set up their stores online, emerged as a pandemic winner with revenue soaring 86 per cent last year from 2019 and shares nearly doubling to make it Canada’s most valuable firm.U.S.-listed shares of the Ottawa-based company rose nearly five per cent in early trading on Wednesday, while its Canadian stock gained four per cent. Read more: Shopify removes Trump-affiliated stores following readmore

Canada’s 2021 tax deadline is still April 30. What if you don’t make it?
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Canada’s 2021 tax deadline is still April 30. What if

admin April 27, 2021

Canada’s 2021 tax deadline is still April 30. Despite renewed school and business shut-downs in parts of the country due to the third wave of the COVID-19 pandemic, Ottawa did not prolong the tax season this year. April 30 is the cutoff for turning in your individual income tax return and paying any taxes owed. As usual, if you’re self-employed, you and your spouse or common-law partner have until June 15 to hand your tax paperwork over to the Canada Revenue Agency. But you still need to pay any tax balances by the end of April. Read more: ‘Fear and uncertainty:’ What readmore

Will Ottawa’s childcare plan actually help parents during the recovery?
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Will Ottawa’s childcare plan actually help parents during the recovery?

admin April 24, 2021

Finance Minister Chrystia Freeland’s budget pledges the federal government will pony up $30 billion over the next five years to create a Canada-wide early learning system and a permanent funding increase of $8.3 billion per year thereafter. The goal is to cut childcare fees in registered centres in half by the end of 2022 and eventually reduce the cost of childcare to $10 per day by 2026, the budget said.READ MORE: Federal budget delivers big promises on childcare, tamer housing measuresBut Alberta — along with Manitoba and Ontario — has already voiced skepticism about the federal government’s offer, which comes with an emphasis on readmore

As Canada’s federal and provincial budgets swell, sales-tax increases may follow
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As Canada’s federal and provincial budgets swell, sales-tax increases may

admin April 22, 2021

Canada’s provincial and federal government debt has ballooned during the COVID-19 pandemic, as it has for governments around the world, as they cope with both the costs of a health emergency and the need to use taxpayer dollars to prop up their economies.But in Canada, some of the new public spending will settle at a permanently higher level or resume an upward trend once life goes back to normal, some economists say. Read more: How Canada’s federal budget affects benefits, taxes, and the minimum wage In Ottawa, the 2021 federal budget is eyeing a slew of new measures — readmore

Does Air Canada owe you a refund because of COVID-19? Here’s how to get it
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Does Air Canada owe you a refund because of COVID-19?

admin April 13, 2021

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

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