BREAKING Monthly earnings rise, payroll employment falls: jobs report
The number of vacant jobs in Canada increased in February, while monthly payroll employment decreased in food services, manufacturing, and retail trade, among other sectors.
Russia's invasion of Ukraine may have marked the start of "a third world war," and Russian President Vladimir Putin must be defeated "as soon as possible" if the world wants to preserve civilization.
That was the stark message that Hungarian-born billionaire and philanthropist George Soros delivered on Tuesday to attendees at the 2022 World Economic Forum in Davos, Switzerland.
"Even when the fighting stops, as it eventually must, the situation will never revert" to where it was before, warned the 91-year-old Soros.
"Other issues that concern all of humanity -- fighting pandemics and climate change, avoiding nuclear war, maintaining global institutions -- have had to take a back seat to that struggle. That's why I say civilization may not survive."
The former hedge fund manager, who is chair of Soros Fund Management LLC and founder of the Open Society Foundations, is famous for using his wealth to help foster open societies and create inclusive democracies with governments that are held accountable.
But after the events of September 11, he noted, the tide began to turn against open societies. As a result, "repressive regimes are now in the ascendance and open societies are under siege," he said Tuesday. "Today, China and Russia present the greatest threat to open society."
Open societies have governments that are diametrically opposed to governments in closed societies, Soros noted. "[In an] open society, the rule of the state is to protect the freedom of the individual. [In a] closed society, the role of the individual is to serve the rulers of the state."
Speaking about Putin and China's leader Xi Jinping, Soros said: "They rule by intimidation, and as a consequence they make mind-boggling mistakes."
He pointed to China and Russia as the greatest threats to open societies aided by the development of digital technologies and especially artificial intelligence. "In theory, AI ought to be politically neutral -- it can be used for good or bad. But in practice the effect has been asymmetric. It is particularly good at creating instruments of control that help repressive regimes and endanger open society," Soros said.
The billionaire also criticized China's "zero Covid" lockdown policy, saying it has had "disastrous consequences, pushing the Chinese economy into a freefall since March," with "negative results" for the global economy.
On a more uplifting but still somber note, he commended Ukraine for fighting for the western world's values.
"I think Ukraine today is rendering a tremendous service to Europe and to the western world and to open society and our survival because they are fighting our fight," Soros said. "They have a really good chance of winning...[W]e must give them all the support that they ask for."
The number of vacant jobs in Canada increased in February, while monthly payroll employment decreased in food services, manufacturing, and retail trade, among other sectors.
The Canadian Medical Association asserts the Liberals' proposed changes to capital gains taxation will put doctors' retirement savings in jeopardy, but some financial experts insist incorporated professionals are not as doomed as they say they are.
A West Virginia father is getting some sense of closure after authorities found the remains of his young daughter and her mother following a deathbed confession from the man believed to have fatally shot them nearly two decades ago.
For centuries, people have wondered what, if anything, might be lurking beneath the surface of Loch Ness in Scotland. When Canadian couple Parry Malm and Shannon Wiseman visited the Scottish highlands earlier this month with their two children, they didn’t expect to become part of the mystery.
Recent injected drugs like Wegovy and its predecessor, the diabetes medication Ozempic, are reshaping the health and fitness industries.
Two military horses that bolted and ran miles through the streets of London after being spooked by construction noise and tossing their riders were in a serious condition and required operations, a British government official said Thursday.
Mounties in Nanaimo, B.C., say two late-night revellers are lucky their allegedly drunken antics weren't reported to police after security cameras captured the men trying to steal a heavy sign from a downtown business.
It's no secret that spring can be a tumultuous time for Canadian weather, and as an unseasonably mild El Nino winter gives way to summer, there's bound to be a few swings in temperature that seem out of the ordinary. From Ontario to the Atlantic, though, this week is about to feel a little erratic.
The oldest living former major leaguer, Art Schallock turns 100 on Thursday and is being celebrated in the Bay Area and beyond as the milestone approaches.
A property tax bill is perplexing a small townhouse community in Fergus, Ont.
When identical twin sisters Kim and Michelle Krezonoski were invited to compete against some of the world’s most elite female runners at last week’s Boston Marathon, they were in disbelief.
The giant stone statues guarding the Lions Gate Bridge have been dressed in custom Vancouver Canucks jerseys as the NHL playoffs get underway.
A local Oilers fan is hoping to see his team cut through the postseason, so he can cut his hair.
A family from Laval, Que. is looking for answers... and their father's body. He died on vacation in Cuba and authorities sent someone else's body back to Canada.
A former educational assistant is calling attention to the rising violence in Alberta's classrooms.
The federal government says its plan to increase taxes on capital gains is aimed at wealthy Canadians to achieve “tax fairness.”
At 6'8" and 350 pounds, there is nothing typical about UBC offensive lineman Giovanni Manu, who was born in Tonga and went to high school in Pitt Meadows.
Kevin the cat has been reunited with his family after enduring a harrowing three-day ordeal while lost at Toronto Pearson International Airport earlier this week.