R OYAL Mail is tapping into the worldwide surge in online shopping with the £210 million acquisition of one of Canada’s biggest trucking firms. The delivery group’s overseas freight arm GLS International is picking up family-owned freight group Rosenau Transport to expand operations in North America’s $25 billion parcel market, …
Read More »Queen pays tribute to Royal Regiment of Canadian Artillery with maple leaf brooch
The Queen was the picture of elegance today as she stepped out to meet members of the Royal Regiment of Canadian Artillery in her first appearance at Windsor Castle following her return to Balmoral. Her Majesty was resplendent in blue as she chatted with members of the Canadian Armed Forces, who …
Read More »Royal Canadian Air Force assessing Sable Island as rescue-staging area for helicopters
A Royal Canadian Air Force CH-149 Cormorant helicopter performs search and rescue training with M/V Halmar, in the Halifax harbour, on Oct. 27, 2020. Andrew Vaughan/The Canadian Press Another chapter in Sable Island’s long history of providing rescue services for struggling seafarers may be about to begin. The Royal Canadian …
Read More »Highly anticipated economic report delayed in N.L. amid growing concerns of austerity
ST. JOHN’S, N.L. – The head of an economic recovery team tasked with reviewing Newfoundland and Labrador’s expenses and mapping a way forward for the indebted province says the group’s interim report will be delayed several weeks. Moya Greene, a St. John’s-born businesswoman known for privatizing Britain’s Royal Mail postal …
Read More »KPMG’s U.K. boss resigns after telling staff not to ‘sit there and moan’ about the pandemic
The U.K. chairman of accounting firm KPMG is resigning after he told staff in a meeting to stop complaining about the pandemic and said that there was “no such thing as unconscious bias.” In a video of the meeting published by the Daily Mail, Bill Michael can be seen telling …
Read More »Royal Canadian Mint unveils new silver coin commemorating history of Black Loyalists in Nova Scotia
A new $20 silver coin commemorating the Black Loyalists who landed in Nova Scotia as a result of the American Revolution. The Canadian Press A new, $20 silver coin issued by the Royal Canadian Mint to coincide with the start of Black History month commemorates the Black Loyalists who landed …
Read More »Newfoundland and Labrador voters head to polls on Feb. 13
ST. JOHN’S, N.L. — Newfoundland and Labrador will become the fourth province to go to the polls during the COVID-19 pandemic after Premier Andrew Furey called an election for Feb. 13. Furey’s request to the province’s chief justice Friday to dissolve the legislature follows two days of free-flowing funding announcements …
Read More »Banking regulator says pandemic uncertainty means now is not the time to consider higher dividends, share buybacks
Bank buildings at Toronto’s financial district on Sept. 3, 2020. Fred Lum/The Globe and Mail Canada’s banking regulator will not yet consider lifting restrictions on banks’ dividends and share buybacks introduced at the start of the pandemic, even though the largest lenders continue to amass growing stockpiles of surplus capital. …
Read More »Austerity, privatization fears loom over uncertain Newfoundland and Labrador election
ST. JOHN’S, N.L. – Fears of austerity and privatization are bubbling over in Newfoundland and Labrador as the province faces an uncertain future and rumours swirl of an election call as early as next week. After a major labour leader quit the provincial economic recovery team earlier this week, citing …
Read More »Austerity, privatization fears loom over uncertain Newfoundland and Labrador election
ST. JOHN’S, N.L. – Fears of austerity and privatization are bubbling over in Newfoundland and Labrador as the province faces an uncertain future and rumours swirl of an election call as early as next week. After a major labour leader quit the provincial economic recovery team earlier this week, citing …
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