TruShield Top 5 – July 10, 2017

canadian economy

45,000 jobs were added to the Canadian economy in June, Interac’s e-Transfer service experienced a country-wide disruption last week, and Ontario’s legislative committee will be traveling across the province to hold public hearings on the $15 minimum wage proposal. Here’s the TruShield Top Five for this week—a snapshot of news from around the world that may have an impact on your company.

TruShield Top 5 – July 10, 2017

  1. The Canadian unemployment rate has dropped to 6.5 per cent after 45,000 jobs were added to the country’s job market in the month of June. Via 680 News
  2. Interac’s e-Transfer service experienced a disruption last week; the company has confirmed the disruption was not a cyber-attack on their system, and no customer data was compromised. Via Huffington Post Canada
  3. Mortgage holders have been warned of the potential financial impacts if Bank of Canada’s decides to increase the benchmark interest rate. Via CBC News
  4. The Canadian economy appears to be growing stronger. Statistics Canada’s recent trade data indicates that exports and imports both hit record highs in May. Via The Globe and Mail
  5. Ontario’s legislative committee will be traveling across the province this week to hold public hearings on raising minimum wage to $15 an hour. Via CTV News

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