BREAKING Average hourly wage in Canada now $34.95: StatCan
Average hourly wages among Canadian employees rose to $34.95 on a year-over-year basis in April, a 4.7 per cent increase, according to a Statistics Canada report released Friday morning.
Luxury sports carmaker Ferrari has tapped Benedetto Vigna, an Italian executive at Europe's largest semiconductor chipmaker, as its new CEO, the company announced Wednesday.
Vigna, 52, will join Ferrari in September from Geneva-based STMicroelectronics, where he has worked for 26 years, most recently running the most profitable operating business, its analog, micro-electromechanical systems and sensors group.
The appointment signals Ferrari's focus on new technologies shaping an automotive world in transition, as the importance of electric powertrains, autonomous driving technologies and in-car connectivity is growing. Ferrari has announced that its first fully electric supercar will be launched in 2025.
Ferrari said Vigna's knowledge of the semiconductor industry "will accelerate Ferrari's ability to pioneer the application of next-generation technologies."
Vigna will be the third CEO at the company in three years, following the resignation in December of Louis Camilleri after a bout with COVID-19 and the unexpected death of Sergio Marchionne in July 2018. Chairman John Elkann was been running the company, based in the northern Italian city of Maranello in Emilia-Romagna, on an interim basis.
Elkann praised Vigna's "deep understanding of the technologies driving much of the change in our industry ... his proven innovation, business-building and leadership skills."
Ferrari's sleek sports cars and Formula 1 racing machines have made the prancing horse logo among the world's most powerful brands. It is dipping its toes into the luxury sector, part of a long-term strategy to transform itself into a luxury goods maker, with the runway preview of a new luxury ready-to-wear collection this weekend in Maranello.
Like the rest of the car industry, Ferrari has been hit by the coronavirus pandemic, which temporarily shut production in spring 2020. Ferrari announced last month that it won't hit 2022 financial targets due to the pandemic's impact, despite a strong first-quarter rebound.
Average hourly wages among Canadian employees rose to $34.95 on a year-over-year basis in April, a 4.7 per cent increase, according to a Statistics Canada report released Friday morning.
A family of fifth generation farmers from Ituna, Sask. are trying to find answers after discovering several strange objects lying on their land.
Andy Kim's 'Rock Me Gently' is marking a major milestone, as it celebrates its 50th anniversary.
Oprah Winfrey said on Thursday evening that she has long played a role in promoting unhealthy and unrealistic diets.
A southwestern Ontario woman has received an $8,400 bill from a hospital in Windsor, Ont., after she refused to put her mother in a nursing home she hated -- and she says she has no intention of paying it.
Toronto police say a man who allegedly attempted to access Drake’s Bridle Path property was taken to hospital on Thursday after an altercation with security guards.
If you're cruising down a highway and realize you have a flat tire, you may want to think twice before stopping to fix it on the side of the road.
Dangerous storms crashed over parts of the U.S. South on Thursday even as the region cleaned up from earlier severe weather that spawned tornadoes, killed at least three people, and gravely injured a boy who was swept into a storm drain as he played in a flooded street.
The National Post is reporting that Rex Murphy, the pundit and columnist who hosted a national call-in radio show for decades, has died.
A Listowel, Ont. man, drafted by the Hamilton Tigercats last week, is also getting looks from the NFL, despite only playing 27 games of football in his life.
A small Ajax dessert shop that recently received a glowing review from celebrity food critic Keith Lee is being forced to move after a zoning complaint was made following the social media influencer’s visit last month.
The Canada Science and Technology Museum is inviting visitors to explore their poop. A new exhibition opens at the Ottawa museum on Friday called, 'Oh Crap! Rethinking human waste.'
The Regina Police Service says it is the first in Saskatchewan and possibly Canada to implement new technology in its detention facility that will offer real-time monitoring of detainees’ vital health metrics.
The stakes have been set for a bet between Vancouver and Edmonton's mayors on who will win Round 2 of the Stanley Cup playoffs.
A grieving mother is hosting a helmet drive in the hopes of protecting children on Manitoba First Nations from a similar tragedy that killed her daughter.
A chicken farmer near Mattawa made an 'eggstraordinary' find Friday morning when she discovered one of her hens laid an egg close to three times the size of an average large chicken egg.
A P.E.I. lighthouse and a New Brunswick river are being honoured in a Canada Post series.
An Ontario man says he paid more than $7,700 for a luxury villa he found on a popular travel website -- but the listing was fake.