Deloitte report warns of growing Canadian cybersecurity talent gap

Deloitte report warns of growing Canadian cybersecurity talent gap
A new report by Deloitte says Canada is facing growing demand for cybersecurity talent that schools and other organizations are struggling to address. The consultancy says demand for cyber talent in Canada is climbing by seven per cent annually and estimates there will be more than 5,000 cybersecurity roles to fill between 2018 and 2021, but did not say how big a recruitment shortfall... Read More

Prices and homes listed up, sales down in Metro Vancouver real estate market

Prices and homes listed up, sales down in Metro Vancouver real estate market
VANCOUVER — The supply of homes in Metro Vancouver’s real estate market hit a three-year high as sales dipped below historical averages last month. The Real Estate Board of Greater Vancouver reports there were 2,425 home sales last month, a 37.7 per cent decline from June 2017. Board president Phil Moore says rising interest rates, high prices and more restrictive mortgage requirements are among... Read More

Let private firms shoulder risk in choosing ports to expand in Nova Scotia:study

Let private firms shoulder risk in choosing ports to expand in Nova Scotia:study
HALIFAX — A new study says the Nova Scotia and federal governments should shy away from putting public cash into new port infrastructure in the province. The document, paid for by the Atlantic Canada Opportunities Agency and the province’s Transportation Department, describes challenges faced by the Port of Halifax and proposed container port facilities in the Strait of Canso and in Sydney. It says a large public investment would... Read More

Recipe Unlimited to phase out plastic straws at its 19 brands by 2019

Recipe Unlimited to phase out plastic straws at its 19 brands by 2019
VAUGHAN, Ont. — Recipe Unlimited Corporation will eliminate plastic straws from its 19 restaurant brands including Swiss Chalet, Harvey’s, Kelsey’s and East Side Mario’s. The restaurant giant formerly known as Cara Operations will start phasing out its plastic straws in August. Recipe Unlimited says it will dump plastic straws because of their impact on the environment and wildlife and the company’s commitment to... Read More

Germany: Merkel pledges ‘every effort’ to avert US trade war

Germany: Merkel pledges ‘every effort’ to avert US trade war
BERLIN — German Chancellor Angela Merkel said Wednesday that the European Union will make every effort to avoid a trade war with the United States, and underlined her country’s commitment to raise defence spending gradually — another point of contention with Washington. President Donald Trump’s administration has imposed tariffs on EU steel and aluminum imports and is mulling whether to add tariffs... Read More

Canadian crude-by-rail exports rise to record high in April, NEB reports

Canadian crude-by-rail exports rise to record high in April, NEB reports
CALGARY — The National Energy Board says crude-by-rail exports from Canada grew to a record 193,500 barrels per day in April, up 13 per cent from the previous month, as full pipelines forced more producers to use trains to get their products to market. The oil shipping tally beat the previous record of nearly 179,000 bpd in September 2014 and was well ahead... Read More

Spark Power acquires green energy provider Bullfrog Power, terms not available

Spark Power acquires green energy provider Bullfrog Power, terms not available
TORONTO — Independent electrical power services company Spark Power Corp. has acquired Bullfrog Power, a green energy provider. Canaccord Genuity Acquisition Corp., which announced a proposed merger with Spark Power last month, announced the deal Wednesday. Financial terms of the agreement were not immediately available. Spark Power co-CEO Andrew Clark says the combination of the companies gives Spark an integrated... Read More

Enbridge to sell natural gas processing business to Brookfield group for $4.31B

Enbridge to sell natural gas processing business to Brookfield group for $4.31B
CALGARY — Enbridge Inc. has signed a deal to sell its Canadian natural gas gathering and processing business in the Montney, Peace River Arch, Horn River and Liard basins in B.C. and Alberta to Brookfield Infrastructure and its partners for $4.31 billion. “This investment represents an exciting opportunity to invest in scale in one of North America’s leading gas gathering... Read More