CBC Canada Business
2 Canadian securities regulators to be merged into 1 to beef up fight against financial crime
News/Business: The umbrella organization for Canada's securities regulators says it plans to merge the regulatory bodies that oversee investment dealers and mutual fund dealers into one new organization, a move praised by both watchdog groups.
President of Activision's Blizzard Entertainment resigns amid allegations of harassment, toxic work culture
News/Business: J. Allen Brack, the president of Activision's Blizzard Entertainment, is stepping down weeks after the video game company was hit with a discrimination and sexual harassment lawsuit in California as well as backlash from employees over the work environment.
Desperate employers dangle signing bonuses to lure in workers
News/Business: 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.
Business travel isn't expected to return to pre-pandemic levels anytime soon
News/Business: 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.
Higher oil prices boost profits at Canadian energy companies after pandemic-era losses
News/Business: 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.
Here's what Canada's business leaders think about heading back to the office
News/Business: 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.
Deadline day for inquiry's final report on eco groups and Alberta energy industry
News/Canada/Edmonton: Friday was the deadline for a public inquiry into what the Alberta government says is foreign funding of environmental groups who want to curtail energy development — an investigation lauded by Premier Jason Kenney as principled but derided by critics as a buffoonishly sinister political witch hunt.
Google and Facebook will require U.S. workers to be vaccinated to return to the office
News/Business: Google and Facebook will require all of their U.S.-based staff to be vaccinated before being allowed to return to the office, and the policy could soon be enforced in other countries where they operate too.
Inflation expectations could mean short-term bottlenecks will have a lingering impact
News/Business: A U.S. spending surge means suppliers still can't keep up, pushing prices higher. Economists call that a bottleneck — and the longer it lasts, the more shoppers might expect inflation to continue.
Shopify revenue tops $1B as pandemic causes online sales to surge to record
News/Business: Shopify Inc.'s revenue crossed the $1-billion mark for the first time in a single quarter and the volume of goods sold through its offerings reached a record level, as businesses started to reopen amid the COVID-19 pandemic.
Cardinal, 9 others on trial at Vatican in money scandals
News/Business: A trial opened in Vatican City on Tuesday for 10 defendants, including a once-powerful cardinal, in a case based on a sprawling investigation of the allegedly criminal management of the Holy See's portfolio of assets, including donations by countless Catholics.