Fake Canadian company scams people looking for work

After losing her job as a French program coordinator due to the Pandemic, Ashley found herself looking aggressively for a new job. The 25-year-old, with experience in sales, marketing, and coordination, sent her resume out and posted it on Indeed, Linked-in, and other career sites. Click HERE to see what happened to her next.


Reports find some fast-food wrappers may contain ‘Forever chemicals’

According to a new report, Burger King, Wendy’s, and McDonald’s were some of the fast-food chains that were tested, and contained toxic “forever chemicals.” Environmental advocacy groups found traces of toxic perfluoroalkyl and polyfluoroalkyl (PFAS) chemicals in the food packaging of McDonald’s Big Mac, French fries, and cookies, Wendy’s cookie bags, and Burger King’s Whopper.

The report that was released Thursday also found containers and other packaging supplies from Canadian salad franchise Freshii’s tested high for PFAS.

Read more HERE

Canada gains 419,000 jobs as unemployment rates fall to 10.9%

As more parts of the economy were allowed to reopen in Canada, we have seen an increase in jobs with over 419,000 last month. That’s more than economists predicted. On Friday, data from Statistics Canada’s latest Labour Force Survey showed the unemployment rate is down to 10.9% in July.  In June, the jobless rate was 12.3%, and it hit a record of 13.7% in May.

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Canadian housing market comes back strong after lockdown halted 70,000 transactions

TBC Economics estimated that the Coronavirus lockdown delayed up to 70,000 real estate transactions across Canada this past Spring. RBC says local real estate boards across the country reported “supercharged activity” in what is usually a slow month as provincial economies opened back up, and people adapted to buying and selling during a pandemic.

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Trump prohibits any deals with Chinese owners of TikTok

On Thursday, U.S. President Donald Trump ordered a ban on dealings with the owners of TikTok and WeChat although, it is unclear if he can ban the app in the United States.

The executive orders of each app will take effect in 45 days. The wording of the orders is vague, but some experts say it looks like the intentions are to remove the app from the Apple and Google app stores, which would effectively remove them from distribution in the U.S.

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Deutsche Bank turns in Trump records under subpoena

Deutsche Bank AG received a subpoena from prosecutors last year, and now they have turned in detailed records related to dealings with Donald Trump’s family business. The subpoena demanded documents that Trump and the Trump Organization had provided to the lender. Deutsche Bank AG complied and turned over records, including financial statements it had received as Donal Trump sought loans.

Read more HERE

Home sales in Vancouver increased in July as prices rise despite a short supply

Homebuyers took advantage of low-interest rates, and as a result, home sales and prices rose in July, says the Real Estate Board of Greater Vancouver. 3,128 homes were purchased in the Vancouver metro area last month, an increase from 2,443 in June and up from the 2,557 sold in July 2019. 

The 28% sales increase from June occurred as markets adjusted to virtual sales and safety measures during the shutdown.

Read more HERE

Home sales in Toronto skyrocket in July as demand rapidly increases

On Thursday, the Toronto Regional Real Estate Board said that housing sales in the Toronto area reached a monthly record in July as buyers came in strong after a spring lull amid restrictions caused by the pandemic.

The total amount of home sales across the GTA rose 29.5 percent in July from last year and were up 49.5 percent compared to June. New listings also rose 24.7 percent year-over-year, while active listings declined by 16.3 percent.

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Raptors win 7 games in a row defeating Orlando Magic 109-99

On Wednesday, Fred VanVleet scored 21 points and helped lead the Raptors to their 7th straight win after defeating the Orlando Magic 109-99.

Six players of Toronto Raptors scored in double digits. Norm Powell had 14, Pascal Siakam finished with 15 points, Marc Gasol had 13, Norm Powell finished with 14, Serge Ibaka added 11, and OG Anunoby ended with 12.

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TSX stock increases in first trading after Mondays Civic Holiday

After Monday’s Civic Holiday, TSX Stock rose in its first trading in August. U.S. markets also grew as Nasdaq set another record. S&P/TSX composite index was up 189.03 points at 16,358.23. The Dow Jones industrial average increased by 97.65 points at 26,762.05. The S&P 500 index was up 7.33 points at 3,301.94, while the Nasdaq composite was up 18.30 points at 10,921.10 after setting another record of 10,940.50.

Read more HERE