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Canadian Pacific Railway reaches deal with workers represented by Steelworkers

Canadian Pacific Railway reaches deal with workers represented by Steelworkers

CALGARY — Canadian Pacific Railway Ltd. says it has reached a tentative agreement with the union representing about 550 administrative support and intermodal employees in Canada.
Report urges windfall tax to recover CEWS funds from large corporations

Report urges windfall tax to recover CEWS funds from large corporations

OTTAWA — A new report by the non-profit organization Canadians for Tax Fairness says Canada should institute a windfall tax on all large corporations to help recover some of the public funds awarded to businesses during the pandemic.
Carbon capture too expensive, takes too long to build: Report

Carbon capture too expensive, takes too long to build: Report

CALGARY — By betting it can solve its emissions problem with carbon capture and storage, Canada's oil and gas industry risks saddling itself with expensive stranded assets, a new report argues.
Canada's housing market to see listings fall in first quarter, before rebounding: TD

Canada's housing market to see listings fall in first quarter, before rebounding: TD

TORONTO — A new report says Canada's housing market will see new listings fall in the first quarter before rebounding later in the year and then, slowing to a more modest growth pace in 2024.
Surrey business group pushes provincial tax system review

Surrey business group pushes provincial tax system review

City of Surrey's board of trade says financial, red tape and debt burdens are burying business innovation and enterprise
B.C. fines Teck Coal more than $16 million over Elk Valley infractions

B.C. fines Teck Coal more than $16 million over Elk Valley infractions

The British Columbia government has fined Teck Coal Limited more than $16 million for exceeding pollution thresholds as well as failing to build an active water treatment facility on time at one of its operations in southeastern B.C.
B.C. forest industry concerned about Biden's America-first posture at State of the Union

B.C. forest industry concerned about Biden's America-first posture at State of the Union

Experts doubt U.S. industry’s ability to meet 100% of domestic demand
CFIB urges Western Canadian cities to act on small-business concerns

CFIB urges Western Canadian cities to act on small-business concerns

Spending, red tape and small-business friendliness cited as areas of contention
Labour shortages could push up wages, 'reignite inflation' in long run, report warns

Labour shortages could push up wages, 'reignite inflation' in long run, report warns

TORONTO — A new report says a protracted labour shortage in Canada could fuel more rapid wage growth and inflation over time, potentially prompting the need for higher interest rates long-term.
Transit to shape Metro Vancouver office development in 2023

Transit to shape Metro Vancouver office development in 2023

With implications for ESG, affordable housing and in-person work, accessible transportation and transit-oriented development is top of mind for B.C. industry leaders