Business

Two senior Canadian cabinet ministers have told a parliamentary committee that the government is willing to make changes to its proposed cybersecurity legislation for federally regulated critical infrastructure providers to strengthen the bill. Industry Minister François-Philippe Champagne and Public Safety Minister Dominic LeBlanc made that pledge Thursday before the House of Commons national security committee studying Bill C-26, which would affect the telecommunications, financial, transport and energy sectors. It was part of a lobbying effort to get speedy passage for what Champagne called a “critically important piece of legislation.” However, unlike with the proposed privacy and artificial intelligence laws being discussed by another committee, where Champagne produced a list of amen...

Nicholas Gilly loved his time at University – but his career has not developed in the way he expected.He graduated from the University of York in June last year, with a degree in psychology. However, he had dreams of a career drastically different to his field of study."I was born in London but my parents grew up in Mexico," he explains."So, I grew up cooking and eating a lot of different kinds of foods - I went to a lot of Mexican restaurants!"And that was how Nicholas' ambition to become a chef began. Despite this, he chose to study psychology at University, a discipline he found intriguing."I really enjoyed my psychology course but I decided that I didn't want to pursue it further after University, but instead go into the food industry".However, breaking into the culinary sector is no e...

Starting this year, some of the money in 529 college savings accounts can be used for retirement if it’s not needed for education.New rules under the federal law known as Secure 2.0 allow up to $35,000 in a 529 account to be rolled over to a Roth individual retirement account for the beneficiary of the 529 account if certain conditions are met.State-sponsored 529 accounts, named for a section of the tax code, are used to pay for education expenses — mainly college costs. Money deposited in the accounts grows tax free and can be withdrawn tax free to pay for eligible expenses like tuition, housing, food and books.The new Roth option is aimed at parents who may be reluctant to save in a 529 because they worry about having to pay income taxes and a penalty if for some reason the funds aren’t ...

TOKYO - Japan has slipped to the world’s fourth-largest economy as government data released Thursday showed it fell behind the size of Germany's in 2023. The numbers highlight how the Japanese economy has gradually lost its competitiveness and productivity while the population shrinks as Japanese people age and have fewer children, analysts say. Japan fell from the second-ranked economy behind the U.S. to the third-largest in 2010 as China's economy grew. The International Monetary Fund had forecast Japan’s fall to fourth. The comparisons among nations’ economies look at nominal GDP, which doesn’t reflect some different national conditions, and is in dollar terms. Japan’s nominal GDP totaled US$4.2 trillion last year, or about 591 trillion yen. German...

Penticton, BC, Feb. 14, 2024 (GLOBE NEWSWIRE) — The BC healthcare system is in crisis. One in five people do not have a family doctor. Emergency rooms are stretched beyond their limits as patients wait many hours, or days, for care. Today, Dr. Michelle Teo is launching the Better Care for BC campaign to encourage the provincial government to support the widespread adoption of Specialists Team Care. Specialists Team Care is a team-based care model used in 10 different specialities that increases patient access to outpatient care. It has proven to increase the average patient capacity by 100% in 6 months. Over 90% of patients are very satisfied with the care they receive. The healthcare workers experience less burnout and have greater job satisfaction. In 2022-2023, the Specialists Services ...