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Business News

Nearly 23% of the Canadian population reported food insecurity in 2022

CBC Business News - Fri, 2024-04-26 12:39

Canada’s poverty rate rose to 9.9 per cent in 2022, approaching pre-pandemic levels as government financial benefits introduced during the COVID-19 crisis ended, according to a Statistics Canada report released Friday.

Categories: Business News

Luxury retailer Ted Baker Canada is seeking creditor protection

CBC Business News - Fri, 2024-04-26 12:21

The owners of Ted Baker's Canadian operations have filed for creditor protection in a bid to help the retailer get enough "breathing room" to decide whether to liquidate and wind down the business or pursue other unspecified alternatives.

Categories: Business News

This Airport Coffee Shop Is Uplifting Neurodiverse Workers

Canadian Business - Fri, 2024-04-26 11:15

People with autism see the world through a slightly different lens—lights can appear too bright, noises might sound too loud. As a result, working in a busy environment like a restaurant can be kryptonite for those on the spectrum. 

But this didn’t deter the Pacific Autism Family Network (PAFN) from opening the country’s first neurodiverse café inside Canada’s second largest airport in the fall of 2023. Located in the busy domestic arrivals area of the Vancouver International Airport, Paper Planes Café hires and trains employees with neurological differences in the art of customer service, order taking and latte making.

The business’s lofty purpose is posted on the wall for travellers to see: “We’re a coffee shop on a mission to empower autistic and neurodiverse individuals, providing meaningful employment opportunities.” Employees are paid a living wage of $24 per hour, and after a six-month stint at the café they earn their “hospitality wings” and the PAFN team helps them find employment elsewhere. 

The social enterprise is the brainchild of Wendy and Sergio Cocchia, a Vancouver couple that started the PAFN in 2016 to support families living with the lifelong developmental disorder that impacts one in 50 Canadian children and adolescents. The Cocchias, whose adult son has autism, dreamed of one day helping members of the autism community find work. 

Related: Is Your Workplace Supporting Neurodiverse Employees?

“Employment really is the conduit to leading a meaningful life,” says Sergio, noting that most families with a member on the spectrum want two things for their child: a friend and a job. The café provides both.

Trainees start out working shorter shifts of two to four hours to help them build confidence and get used to the sounds and space. With support from neurotypical managers and mentors, they learn how to take and fill customer orders while progressing through a skills checklist that includes everything from wearing an apron properly to completing a transaction.

But the training program is about more than just mastering practical tasks like making and serving coffee and sandwiches. “It’s also about the soft skills and the social skills that are incredibly important to any kind of employment,” says Wendy.

Vancouver Airport Authority CEO Tamara Vrooman receives the first cup from the café. (Photography: Vancouver Airport Authority)

Trainees get to practice smiling, having friendly conversations with customers and problem solving, crucial assets when working in hospitality. Support staff are there to guide them when it gets busy—the café serves about 100 customers a day—and to help them manage issues like sensory overload. 

The venture is funded through a partnership with the Vancouver Airport Authority, which made a five-year commitment to PAFN for $500,000. In return, PAFN is training 25 per cent of airport authority staff in autism awareness and sensitivity, so that frontline workers including CATSA security screeners, terminal officers and YVR Fire and Rescue members, among others, will have the skills to recognize and respond to neurodiverse travellers. 

Additionally, the 95-square-metre space is being provided to the café rent-free, so that the PAFN can reinvest the business’s profits into supporting more employment opportunities for the autism community.

Related: How to Spot—and Stop—Unconscious Bias in Hiring

“It’s really important that our airport be fully inclusive and accessible,” says Vancouver Airport Authority CEO Tamara Vrooman. “This initiative allows us to make sure that our staff and our passengers are interacting with and seeing people with autism in a different way. We’re getting a cup of coffee when we go there—they’re getting a career.”

Tellingly, Paper Planes Café doesn’t count success in food and drinks sold, but in trainees graduated. “The only way we can measure success is the number of people we place and who get meaningful employment after the fact,” says Sergio.

So far, five employees have fledged from the café and are now stretching their wings in jobs outside of the YVR nest, with more following this spring. Paper Planes made their employment dreams possible, and in the process the café improved the airport experience for all passengers. That’s definitely good for business.

The post This Airport Coffee Shop Is Uplifting Neurodiverse Workers appeared first on Canadian Business – How to Do Business Better.

Categories: Business News

Homebuyers shun new real estate in Vancouver, hurting builders

Financial Post TopStories - Fri, 2024-04-26 06:40
Rise in condo developers cancelling projects due to lack of interest and a law particular to B.C.
Categories: Business News

TikTok parent company says it won't sell, despite possible U.S. ban

CBC Business News - Fri, 2024-04-26 06:08

TikTok is gearing up for a legal fight against a new U.S. law that would force the social media platform to break ties with ByteDance, its China-based parent company.

Categories: Business News

An often overlooked jobs indicator reveals deep cracks in Canada’s labour market

Financial Post TopStories - Fri, 2024-04-26 06:08
Less robust than the country’s most closely watched gauge of employment suggests
Categories: Business News

Anglo rejects BHP takeover bid as significantly undervalued

Financial Post TopStories - Fri, 2024-04-26 04:26
The tie-up would give BHP about 10% of the global copper mine supply ahead of an expected shortage
Categories: Business News

Government hits Canada Life with financial sanctions

CBC Business News - Fri, 2024-04-26 01:00

The federal government has begun imposing financial sanctions on Canada Life after months of outcry from public servants, retirees and their families who were left fighting for medical claims to be covered.

Categories: Business News

EV sales have slowed. Do massive subsidies still make sense?

CBC Business News - Fri, 2024-04-26 01:00

Honda and Toyota are promising billions in new EV investments as governments hand out subsidies and tax credits. But EV sales in North America have slowed amid concerns over costs and range anxiety.

Categories: Business News

Microsoft sales, profit beat expectations on AI demand

Financial Post TopStories - Thu, 2024-04-25 14:35
Revenue rose 17% to US$61.9 billion
Categories: Business News

Alphabet beats revenue estimates buoyed by cloud, pays dividend

Financial Post TopStories - Thu, 2024-04-25 14:04
Google parent reported sales, excluding partner payouts, of US$67.6 billion
Categories: Business News

Why Canadian mortgage rates may be stealthily heading higher

Financial Post TopStories - Thu, 2024-04-25 12:11
Robert McLister: Rising yields on the government of Canada five-year bond signal rates could be entering a new cycle of highs
Categories: Business News

The Honda deal by the numbers, from 240,000 EVs to 1,000 union jobs

Financial Post TopStories - Thu, 2024-04-25 11:14
Auto giant announces plans to build Canada's first comprehensive electric vehicle supply chain
Categories: Business News

Rogers announces deal to move Monday night NHL games to streaming

CBC Business News - Thu, 2024-04-25 09:57

The Seattle Kraken will move their games to an over-the-air broadcaster and have a streaming partnership with Amazon's Prime Video beginning with the 2024-25 season, the team announced Thursday.

Categories: Business News

How Honda's deal stacks up to other EV investments in Canada

Financial Post TopStories - Thu, 2024-04-25 08:48
A roundup of the more than $46 billion invested since 2020, and how governments have chipped in
Categories: Business News

Honda to invest $15B to build 4 new EV plants in Ontario

CBC Business News - Thu, 2024-04-25 07:15

Japanese automaker Honda will make a $15-billion electric vehicle investment in Ontario to build four new manufacturing plants in the province, Prime Minister Justin Trudeau and Ontario Premier Doug Ford announced Thursday.

Categories: Business News

What could a $5B government loan program do? Turn Indigenous communities into powerful investors

CBC Business News - Thu, 2024-04-25 07:00

Indigenous leaders say a new loan guarantee program from the federal government, announced last week in the 2024 budget, will be a huge boost for economic reconciliation.

Categories: Business News

Unifor president asks Bank of Canada governor to lower interest rates: 'What are you waiting for?'

CBC Business News - Thu, 2024-04-25 06:54

Unifor national president Lana Payne wants to see interest rates cut — immediately. The longtime labour leader says a five per cent interest rate is no longer curbing inflation, only contributing to it.

Categories: Business News

BHP's US$39-billion bid for Anglo American would create world's top copper producer

Financial Post TopStories - Thu, 2024-04-25 05:36
Sparks mining industry’s biggest shakeup in over a decade
Categories: Business News

Posthaste: Canadian dollar could throw wrench into Bank of Canada rate cuts

Financial Post TopStories - Thu, 2024-04-25 05:03
Steep drop in currency could hike inflation by 1%, says BofA
Categories: Business News
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