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Howard Levitt: Why the Uber driver case has the potential to alter Canada’s gig economy forever

A vast majority of people calling themselves independent contractors — and whose “employers” happily play along — are employees in the eyes of the law.Sometimes it’s genuinely difficult to assess, but on other occasions, the distinction between the two categories is blurred because one or both parties are trying to ‘game’ the system.A worker might…

Office towers face tall order to be as productive as before the pandemic

As Canada plans to relax restrictions on movements and gatherings, businesses have started to prepare for a staged reopening.For those who work in office towers, small or tall, a safe return to work is the joint responsibility of landlords, building managers, employers and workers. Since provincial laws regulate workers’ safety and health, regulations will differ…

Posthaste: Welcome to our world — oil and gas pipelines in U.S. face full-blown assault from all sides

Good morning! It’s curious that Warren Buffett chose an old-school sector — natural gas — to come out of his M&A hibernation. On Monday, the Oracle of Omaha’s Berkshire Hathaway Inc. bought Dominion Energy Inc.’s natural gas pipeline and storage assets in the United States for US$9.7 billion. It showed the so-called master of value…

Just a month or two more of this recession and it truly will be the Big One

Economic downturns are never pleasant but this one stands out for all the wrong reasons.The C.D. Howe Business Cycle Council announced on May 1 that the Canadian economy entered a recession in the first quarter of 2020. Monthly GDP peaked in February, then fell by 7.5 per cent in March and, according to Statistics Canada’s…

U.S. government awards Novavax $1.6 billion for coronavirus vaccine, biggest award yet in ‘Operation Warp Speed’

CHICAGO — The U.S. government has awarded Novavax Inc US$1.6 billion to cover testing, commercialization and manufacturing of a potential coronavirus vaccine in the United States, with the aim of delivering 100 million doses by January 2021.The award is the biggest yet from “Operation Warp Speed,” the White House program aimed at accelerating access to…

Business leaders urge Ottawa, provinces to work together to ‘open up Canada’

The head of the Business Council of Canada is urging Ottawa and the provinces to coordinate re-opening rules and bring down provincial barriers to capitalize on what he views as success in the first phase of combatting the coronavirus pandemic.In an interview with the Financial Post, Goldy Hyder warned that missing the opportunity to carefully…

Gold miners glitter as prices near 9-year high — and fund managers expect both to climb higher

Gold miners’ share prices are soaring with the value of the precious metal, while increased dividends are helping push these stocks higher still.The spot price of gold has risen 17 per cent so far this year and is closing in on US$1,800 an ounce for the first time in nine years. The commodity, commonly treated…

Why Hong Kong can’t follow Singapore’s ‘partly-free’ capitalist model

Some years ago, I was talking to a government minister in Singapore. In a moment of frankness, he acknowledged that his government deliberately made life difficult for its political opponents — and then added with a faint smile: “But here in Singapore we use dental tools. In China, they use a sledgehammer.”I thought of that…

U.S. court orders largest pipeline from the North Dakota shale oil fields to be shut and emptied

NEW YORK — A U.S. District Court on Monday ordered Energy Transfer LP to shut and empty the largest pipeline from the North Dakota shale oil fields within 30 days, in a big win for the Native American tribes who have fought the line’s route across a crucial water supply.Energy Transfer’s 570,000 barrel-per-day (bpd) Dakota…

Bank of Canada says business outlook ‘strongly negative’ but still better than during the financial crisis

OTTAWA — Business sentiment in Canada is “strongly negative” even as coronavirus restrictions have eased, though roughly half the companies surveyed expect their sales to recover to pre-pandemic levels within 12 months, a Bank of Canada survey showed on Monday.The widespread negative sentiment caused by the coronavirus shutdown and the drop in oil prices led…

Bank of Canada says business outlook ‘strongly negative’ but still better than during the financial crisis

OTTAWA — Business sentiment in Canada is “strongly negative” even as coronavirus restrictions have eased, though roughly half the companies surveyed expect their sales to recover to pre-pandemic levels within 12 months, a Bank of Canada survey showed on Monday.The widespread negative sentiment caused by the coronavirus shutdown and the drop in oil prices led…

Demise of $8 billion Atlantic Coast gas project shows pipelines are becoming unbuildable

To be an energy superpower, U.S. oil and gas requires a suitably gargantuan pipeline network that stretches for millions of miles. The country’s ability to expand that infrastructure is being tested like never before.In what’s possibly the biggest victory yet for an environmental movement targeting the conduits carrying fossil fuels, Dominion Energy Inc. and its…

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DHS Secretary Sets the Record Straight on Fake News on Portland Riots

Chad Wolf, acting secretary of the Department of Homeland Security, hit back at a press conference in DHS headquarters in Washington, D.C. on Tuesday against media reports that the Trump administrati…

Trump Raises $20 Million in First-Ever Virtual Fundraiser

President Donald Trump raised an eye-popping $20 million on Tuesday night in his first-ever virtual fundraiser, from a total of more than 300,000 individual donors who participated. This is a great …

ACLU: Constitution Requires Illegal Aliens Count Toward Congressional Apportionment

The American Civil Liberties Union (ACLU), as well as other migration lobbying organizations, claims it is “unconstitutional” not to count illegal aliens when apportioning congressional representatio…

US House poised to vote on reversing Trump’s Muslim ban

The United States House of Representatives is set to vote on Wednesday on legislation reversing President Donald Trump's controversial ban on immigration from Muslim countries. The bill, called the …
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