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The BC government is taking its first steps to mitigate soaring strata insurance costs by introducing a bill to amend the Strata Property Act and Financial Institutions Act.
The government wants to make the strata insurance industry more transparent, close depreciation report loopholes, and end referral fees paid to property managers while giving strata councils more tools to deal with insurance.
While pandemic job losses linger in the economy, some companies are struggling to find employees. A review of popular job listing sites in Canada showed companies ranging from retailing giant Amazon to small, local enterprises are offering signing bonuses to lure workers to jobs like delivery drivers or hair stylists.
After racking up debt in 2020, the Canadian oilpatch is enjoying a rebound so far this year as major oil producers are gushing profits as oil prices are near a seven-year high. This week, many energy companies based in Calgary unveiled their latest earnings reports and for the second straight quarter, the industry showed hefty profits.
Business travel may be a long time coming back to pre-pandemic levels. That will hurt many bottom lines, particularly for airlines where business trips make up a significant part of industry profit.
After 500 days of working from home, CBC News reached out to dozens of business leaders across the country for their thoughts on the looming return to offices. Across the spectrum, one sentiment was echoed: Things definitely won't be going back to how they used to be.
The federal government raised $8.9 billion in a licence auction for a key band of 5G wireless spectrum in results announced after the close of markets Thursday.
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