Category Archives: Business

Youth unemployment improving, report says Business, News

By Alex Lambert Youth unemployment in Canada is experiencing some positive trends, according to a report released Tuesday by the Certified General Accountants Association of Canada. The report outlines the misconception many people have that youth unemployment in Canada is at its worst, and argues that what we should be worried about is youth underemployment.

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Random House and Penguin Books merge Business

By Patricia Brotzel A merger between publishing giants Random House and Penguin Books will create the world’s largest publisher of books. German company Bertelsmann SE & Co., which owns Random House, will have controlling shares of 53 per cent over the newly named Penguin Random House, according to CBC. The CBC said Pearson PLC, owner

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Grant competition offers big money to entrepreneurs Business

Venture Seed Fund project gives money to budding businesses. By Neetu Thind and Lisa Gillan Grants of up to $8,000 are being handed out to recent and soon-to-be Humber grads interested in starting their own businesses. Faculty from the business school held two information sessions Monday for those wanting to participate in the competition. Up

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West Jet gets new planes Business

By Matthew Smith West Jet has announced it will buy 20 new Bombardier Q400 turbo-prop planes to launch a low fare branch of the airline. Public relations manager for the airline Robert Palmer said the new fleet will give travellers more options. “We want to bring low fares to smaller Canadian communities, to liberate Canadians

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Developer proposes casino for Toronto Business

  By Adriano Mancini A casino in Toronto could be one step closer to becoming a reality after a massive proposal was released Friday that would see big changes coming to the downtown core. Developmental company Oxford Properties Group released its estimated $3- billion vision for downtown Toronto on the condition that the city and

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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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