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Construction sector ramping up tech investments to address labour gap: KPMG survey

Construction sector ramping up tech investments to address labour gap: KPMG survey

TORONTO — A new survey says most Canadian construction companies are still coping with a shortage of skilled labour, however their productivity and efficiency has improved in recent years as a result of investments in technology.
Retailers are in trouble and there's more to come: insolvency, restructuring experts

Retailers are in trouble and there's more to come: insolvency, restructuring experts

The fall of Hudson's Bay and Saks Fifth Avenue Canada may give the impression that one of the hottest trends this year is the distressed look, but retail and insolvency experts say the company's demise is part of a now-annual pitter-patter they expec
B.C. mall owner offers $6 million for three Hudson's Bay leases: court documents

B.C. mall owner offers $6 million for three Hudson's Bay leases: court documents

The B.C. mall owner hoping to buy dozens of Hudson's Bay leases has offered $6 million to take over three locations in malls that she owns, describing it as just the beginning of a new department store empire.
Trump will sign an order extending deadline for TikTok's Chinese owner to sell app

Trump will sign an order extending deadline for TikTok's Chinese owner to sell app

WASHINGTON (AP) — President Donald Trump will sign an executive order this week to extend a deadline for TikTok's Chinese owner to divest the popular video sharing app, the White House announced Tuesday.
Environment minister says consumer rebates for EVs will return

Environment minister says consumer rebates for EVs will return

OTTAWA — The federal government intends to bring back consumer rebates for electric vehicles but doesn't yet quite know what they'll look like, Environment Minister Julie Dabrusin said on Tuesday.
Teck receives provincial certificate for to extend B.C. Interior copper mine

Teck receives provincial certificate for to extend B.C. Interior copper mine

Vancouver-based mining company Teck Resources says it has received an environmental assessment certificate from the B.C. government to extend the life of the Highland Valley Copper Mine.
G7 members agree to increase public sector use of AI, collaborate on quantum

G7 members agree to increase public sector use of AI, collaborate on quantum

OTTAWA — G7 countries pledged Tuesday to increase adoption of artificial intelligence, including in the public sector and among smaller businesses, while also promising to promote investment in emerging quantum technologies.
Senate passes crypto regulations, sends to House without addressing Trump's investments

Senate passes crypto regulations, sends to House without addressing Trump's investments

WASHINGTON (AP) — The Senate passed legislation Tuesday that would regulate a form of cryptocurrency known as stablecoins, the first of what the industry hopes will be a wave of bills to bolster its legitimacy and reassure consumers.
Some N.S. municipalities who voted for pause on uranium get letters from premier

Some N.S. municipalities who voted for pause on uranium get letters from premier

HALIFAX — After at least two Nova Scotia municipalities voted in favour of asking the provincial government to slow down on its uranium exploration plans, their offices received several-page-long letters from Premier Tim Houston saying the province n
S&P/TSX composite down, U.S. stocks also lower on fears of conflict escalation

S&P/TSX composite down, U.S. stocks also lower on fears of conflict escalation

TORONTO — Canada's main stock index closed down despite strength in the energy sector, while U.S. markets also moved lower over rising fears that the conflict between Israel and Iran could escalate.