COVID Courtesy: Magna, GM and Honda give employees paid time off for vaccine
Toronto, Ontario — Magna International, General Motors Canada and Honda Canada are providing paid- time off for employees in Ontario to get the COVID-19 vaccine. While the vaccination policies differ slightly across the companies, none of them are requiring their employees to get vaccinated, however, they are merely encouraging it through education and paid time off. […]
Boy Oh Boyd: Boyd Group unveils Q1 results, Canadian chains see 34 percent dip in revenues
Toronto, Ontario — According to financial results from the Boyd Group, the parent company of several auto glass and collision chains in North America, the company had a bit of a rough start financially to 2021. With sales decreasing by 9.9 percent to US$421.6 million from US$467.8 million in the same period of 2020. Boyd’s […]
Filling the Gap: Canadian transit companies step up after Greyhound announced its final departure
Toronto, Ontario — Last Thursday, Greyhound announced it will officially end operations in Canada. This news, while not entirely shocking considering the losses the company endured amid the pandemic, did raise questions about the future of transportation. Since Greyhound’s announcement, several companies across Canada have already stepped up to fill the gap in Canada’s passenger service. […]
CEWS to the Rescue: CADA estimates that CEWS helped protect close to 48,000 automotive employees across Canada during the pandemic
Toronto Ontario — Findings from the Canadian Automobile Dealers Association’s (CADA) one-year survey regarding the impact of the COVID-19 pandemic on automobile dealers shows that the Canada Emergency Wage Subsidy (CEWS) has been a critical lifeline for dealerships and employees across Canada. The survey, conducted from April 1 to 15, 2021 collected responses from 535 […]
Brighter Days: Output of U.S. recycling sector up 6.4 percent
Washington, D.C. — The resilience of the global recycling industry was showcased last week at the Institue of Scrap Recycling Industries (ISRI) annual conference and exposition stage as organization President Robin Wiener said U.S. recycling industry output is up 6.4 percent from pre-pandemic levels. “As the industry gathers virtually for our ISRI 2021 annual convention this […]
Tough Break, B’y: Decline in collisions in Newfoundland may not see savings for drivers
St. John’s, Newfoundland — Pandemic lockdowns and the drop off in auto collisions that followed unfortunately won’t earn Newfoundlanders any cheaper rates for auto insurance, and may actually see the province’s drivers paying more than they did pre-pandemic. Research by HelloSafe found that price quotes in Atlantic Canada increased by 13 per cent in the […]
Eyes Peeled: ICBC rebate cheques are on their way
Victoria, British Columbia — After a delay due to cyberattacks, the Insurance Corporation of British Columbia (ICBC) says its customer rebate cheques are on their way. A release from the public insurer says the cheques are coming out in “small batches” at first, and work continues to send out more in the coming weeks. As […]
Picking up the Pace: CAA pay-as-you-go insurance customers tripled in pandemic
Thornhill, Ontario – As the pandemic has seen fewer cars on the road and, in turn, fewer collision claims for insurers to settle, pay-as-you-go pricing models have taken a new position in the forefront of auto insurance as CAA reports that it’s MyPace policy has skyrocketed in popularity. CAA announced on Thursday that according to […]
