Category Archives: Business

Amateur sports get $205 million boost Business

By Kelly Snider Canada’s largest investment in amateur sport infrastructure has been announced for the 2015 Toronto Pan Am and Parapan Am Games. Combined, the federal government, City of Toronto and University of Toronto Scarborough will be investing $205 million into the Aquatics Centre and the Field House complex, which began construction  in July.  The

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Underground economy worth billions Business, News, Uncategorized

Compiled by Helen Surgenor Canada’s underground economy was worth up to $35 billion in 2009, said Statistics Canada—and that doesn’t include revenues from illegal operations, drugs or prostitution. According to the report, “the three most significant sectors in terms of underground economy activity were construction (29 per cent), retail trade (20 per cent) and accommodation

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Executive pay freeze proposed by province Business, News

By Shylo Adams Ontario Finance Minister Dwight Duncan announced Thursday that the provincial government will propose a cap on compensation for public service executives and a two-year pay freeze for managers. “Here in Ontario we’re working hard to eliminate the deficit,” Duncan said. “As we work towards balancing our budget we have made a choice

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E-Commerce boosts Canada’s economy, survey says Business

By Victoria Brown From the comfort of their couches, Canadians have been helping the economy more than they might know. MasterCard Canada released its Advisors Spending Pulse report, which said  e-commerce has increased by over 37 per cent between August 2011 and August 2012. Though shopping online isn’t anything new, senior vice president at MasterCard

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