Josh Rubin
TorontoStar
Toronto, ON, Canada
Contact Josh
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Past articles by Josh:
U.S. autoworker strike will ‘affect Canadian facilities,’ says Unifor ahead of Monday strike position
Unifor said late Thursday that talks with Ford Motor Co. are ongoing ahead of an 11:59 p.m. Monday strike deadline for 19,000 autoworkers in Canada. → Read More
Bell and Rogers challenge Tanenbaum’s deal to sell MLSE stake: Report
The telecom giants sent a letter concerning a deal to sell a 20 per cent stake in sports holding company Kilmer Sports Inc. to OMERS for $400 million. → Read More
Air passengers in for another turbulent summer, experts fear, following thousands of cancellations and delays
Air Canada had 1,965 flights — more than half its schedule — delayed or cancelled over the Canada Day long weekend. → Read More
‘This will get worse before it gets better.’ Office vacancy rate in Toronto hits highest level in nearly three decades
Commercial real estate firm CBRE says the national office vacancy rate rose to 18.1 per cent in the second quarter, up from 17.7 per cent in the first quarter. → Read More
Toronto Star owner in talks to merge with Postmedia
NordStar, Postmedia would have 50% voting stake in a new company that would control most of the combined assets of both. Toronto Star would be spun into second company controlled by NordStar. → Read More
Is Canada winning its inflation battle? Numbers for May expected Tuesday morning
Tuesday is the last inflation data before the Bank of Canada’s next rate decision on July 12. → Read More
NHL Board of Governors approves Tanenbaum’s decision to sell stake in MLSE
Tanenbaum has agreed to sell a 20% stake in his sports holding company Kilmer Sports Inc. to OMERS for $400 million. → Read More
Larry Tanenbaum’s MLSE sale likely delights other sports-team owners. Here’s why
The value of others’ investments in sports teams has probably been given a shot in the arm by the valuation of Tanenbaum’s deal with OMERS, according to sports business experts. → Read More
‘Prepared to fight.’ Union for Metro grocery workers have strike mandate heading into talks for better wages, benefits
Union for 3,700 workers across GTA start negotiating with company Monday in a bid to improve the lives of COVID’s ‘front-line heroes’ → Read More
Banks ordered to set aside billions more as consumer debt grows
Second time in six months OSFI has increased the amount banks are required to set aside to ensure they have enough to cover losses from defaults. → Read More
WestJet’s decision to shut down Sunwing could lead to an airfare war, experts say
Airline watchers say WestJet’s move to fold Sunwing is a move designed to go after discount carriers for leisure travel business. Fights for next winter might be cheaper — but the discounts won’t last long. → Read More
May’s job numbers to be released Friday — and could tempt Bank of Canada to raise rates again, analysts say
The Bank of Canada cited continuing strength in the labour market in announcing its decision to raise its key overnight lending rate to 4.75 per cent. → Read More
Canadians could face another rate hike Wednesday with bank’s decision expected at 10 a.m.
In April, Canada’s annual rate of inflation rose for the first time since last June, putting an increase back on the table. → Read More
Cannabis retailer Fire & Flower files for bankruptcy protection
Fire & Flower is seeking to lay off an unspecified number of employees, and get out of leases for several of its 80 stores across the country. → Read More
To hike or not hike interest rates? Experts say Bank of Canada’s next move on Wednesday is anyone’s guess
Better-than-expected economy puts pressure on Canada’s central bank to raise rates, but most forecasters expect a move could come later in July. → Read More
Ontario craft breweries, wineries scramble to get product to customers as firm halts delivery service
Swiftpost cites ‘economic factors’ in dropping delivery to focus on its logistics software. One brewery manager is now driving shipments to LCBO himself. → Read More
Canada’s economy grew by 3.1% in first quarter, raising odds of an interest rate hike
In April, Canada’s annual rate of inflation rose for the first time since last June, hitting 4.4 per cent. → Read More
Scottish brewery Innis and Gunn exports a taste of home — all the way from East York
Toronto’s Brunswick Bierworks to produce its canned beer line for a Canadian market that accounts for 40 per cent of the Scottish brewers’ global exports. → Read More
Delinquency rates for credit cards and car loans are on the rise — a sign mortgage defaults could be next, report warns
Mortgage debt rose by six per cent to a record $2.08 trillion in 2022, at a time when Canadians are struggling to keep up with other loan payments. → Read More
Time for the wrecking ball? Report warns Toronto’s glut of empty office towers could last at least two more decades
Growing space and more workers doing their jobs from home has left a large chunk of GTA offices empty. Now what? Some say converting them to condos is the answer. → Read More