Tag: economy

Heavyweights Uber, Foodora in separate battles that could impact gig economy

Hearings are underway in two precedent-setting battles over the future of the Canadian gig economy and workers’ rights, with the practices of two of the sector’s biggest heavyweights — Uber and Foodora — under scrutiny. The Supreme Court heard opening arguments Wednesday in an appeal that will determine whether Uber can require drivers to lodge…

Consumers support U.S. economy as business spending slumps

WASHINGTON (Reuters) – U.S. economic growth slowed less than expected in the third quarter as a further contraction in business investment was offset by resilient consumer spending, further allaying financial market fears of a recession. The Federal Reserve cut interest rates for the third time this year on Wednesday amid lingering threats to the longest…

How paying artists for their work can help Toronto’s economy

Consumers have only recently been shocked by the massive volume of improperly secured online data. Not to mention the total loss of privacy in the digital sphere, and the super creepy habits of surveillance capitalism. But this is all old news to artists and cultural producers. For a couple of decades now, copyright law has…

Alberta politicians trade barbs on economy, budget as legislature resumes

EDMONTON – Alberta’s fall legislature sitting began on full boil, with Premier Jason Kenney accusing the former government of trailblazing economic incompetence while NDP Leader Rachel Notley told him to stop throwing tantrums and take the wheel. With Kenney promising spending restraint in the Oct. 24 budget, he told the house during question period that…