CashNews.co a 29% reduction in turnover an eight-hour-per-month reduction in absenteeism twice as many job applicants compared to those who don’t. A previous ADP research also found 96% of employers offering EWA find that their employees like it. That same study finds 96% saying it helps with talent attraction, and 93% […]
CashNews.co Open this photo in gallery: Differences in how credit card rates are set in the U.S. and Canada mean American consumers will see more relief as interest rates decline than their Canadian counterparts.Justin Sullivan/Getty Images With central bank interest-rate cuts now under way in the United States as well, Americans are largely set to […]
CashNews.co Canadian real estate investment trusts (REIT) have begun to rebound after being in the red, thanks to ongoing rate cuts, return to office procedures and increasing confidence in the market, a researcher said. Speaking with BNNBloomberg.ca on Friday, Adam Jacobs, head of research at Colliers Canada, explained that because REITs are oftentimes dependent on […]
CashNews.co Despite the payment challenges, hotel demand is still high in Canada. (Credit: Getty Images) With hotel prices on the rise, consumers are looking at alternative payment methods to make their trip work within their budget, but some are finding roadblocks along the way. The average daily rate for a hotel stay in Canada hit […]
CashNews.co A Toronto couple that gave up their busy Bay Street lives to open a hotel in Panama is marking a half decade of the new path they blazed for themselves. For Ryan Somes and Anthea Stanley, a couple originally from Toronto who packed up their lives (including two children) to blaze a new trail […]
CashNews.co Canada has announced it is shifting its focus away from a retail central bank digital currency but implied that it was prepared if the people of the nation decide such a product is needed in the future. CBC News, Canada’s public broadcaster, reported that the Bank “is shelving” the idea of a Canadian dollar. […]
CashNews.co (Reuters) -Unifor members at the CAMI Assembly and Battery Assembly plants in Ontario have ratified a two-year contract with General Motors that achieves significant pay increases, the Canadian labor union said on Sunday. Unifor Local 88 members voted 95.7% in favour to ratify the contract which will see workers’ pay rise 10% immediately with […]
CashNews.co Open this photo in gallery: It’s not easy going up against Canada’s banking oligopoly, but some are trying. Challengers like EQ Bank and Wealthsimple are rolling out new and cheaper offerings and growing their base.Giordano Ciampini/The Canadian Press It’s not easy going up against Canada’s banking oligopoly, but some are trying. Challengers like EQ […]
CashNews.co TORONTO — It’s not easy going up against Canada’s banking oligopoly, but some are trying. Challengers like EQ Bank and Wealthsimple are rolling out new and cheaper offerings, growing their base and gaining brand recognition. But experts say that rather than creating a disruptive threat to the big banks, mid-sized players are more likely […]
CashNews.co TORONTO — Five things to watch for in the Canadian business world in the coming week: Macklem chat Bank of Canada governor Tiff Macklem will take part in a fireside chat at the Institute of International Finance and the Canadian Bankers Association Canada forum on Tuesday. The appearance by the central bank governor comes […]