Deloitte Canada emphasizes its commitment to creating positive impact for its people, clients, and communities. The firm believes that a thriving country depends on strong communities and that businesses must embrace purpose-driven initiatives for sustainable success.
The Calgary Chamber of Commerce has released a report expressing concerns over the city’s housing affordability crisis and calling for all levels of government to work together to address the issue. The report found that demand for housing is soaring, outpacing the supply, which is leading to a dramatic increase in real estate costs. The chamber emphasized that affordability has been a crucial competitive advantage for Calgary businesses, and the current crisis is making it increasingly difficult for businesses to attract and retain employees. The chamber is urging the government to prioritize the construction of affordable housing, increase the workforce in the construction industry, and reduce regulatory barriers. The report also highlights the importance of collaboration between all levels of government to effectively tackle the housing affordability crisis.
Mukesh Ambani’s lavish engagement celebration for his son Anant Ambani and Radhika Merchant was a spectacle of opulence, marked by exclusive cruise stops, performances by Rihanna, and grand festivities that reportedly cost $150 million. However, the event sparked controversy in Portofino, Italy, where residents expressed outrage over the closure of the bay, affecting businesses and locals. Despite the controversy, Ambani’s pre-wedding celebrations in his hometown of Jamnagar were equally extravagant, featuring jewelled elephants and an appearance by Rihanna.
A severe storm swept through North Texas on Wednesday, May 29, 2024, leaving a trail of damage and widespread power outages. The storm brought down trees, downed power lines, and disrupted businesses across the Dallas-Fort Worth (DFW) area.
Spotify’s significant layoffs in 2023, affecting 2,300 employees, had a greater-than-expected impact on the company’s daily operations. In an earnings call, CEO Daniel Ek acknowledged the disruption but expressed confidence in regaining momentum. Spotify reported a $210 million profit in the first quarter of 2024, compared to a loss in the same period of 2023. The company remains focused on monetization in the near term, with plans to prioritize user growth in the future.
The scorching heat in Kolkata has significantly impacted the business of street food vendors in the Central Business District, as lunch-hour crowds opt to stay indoors or bring their own meals due to the extreme temperatures.
