Credit union moves into downtown development

FirstOntario is last tenant at Empire Times With the announcement of its most recent tenant, the Empire Times building is full. On Wednesday, FirstOntario Credit Union revealed it will open a business centre by the end of February in the renovated King William Street building, erected in the 1890s. Dave Schurman, chief operating officer and…

Hamilton workers’ wages shrinking, think-tank says

New research shows that workers across most of Ontario — including Hamilton — are becoming poorer, despite rising income levels across much of Canada. Hamilton Spectator New research shows that workers across most of Ontario — including Hamilton — are becoming poorer, despite rising income levels across much of Canada. The study by the Ottawa-based…

A judge has granted U.S. Steel an extension of its creditor protection order until May 15.

U.S. Steel creditor protection extended to May 15

Order extended after five-minute hearing. Monitor says company’s in a good cash position, won’t need to draw on line of credit from parent firm. Steve Arnold The Hamilton Spectator The legal shield protecting U.S. Steel Canada from its creditors has been extended to May 15. Superior Court Justice Herman Wilton-Siegel granted the unopposed order Wednesday…

Shoppers enter a Target store in Toronto. Labour experts say it will be difficult for Target's 17,000 Canadian workers to find jobs after the store closes.

Target to begin liquidating goods in weeks

Target Canada expects to begin liquidating stock in stores within the next two to three weeks, a spokesperson confirmed today. Alexandra Posadzki “That’s our expectation,” said Eric Hausman, after Target Canada Tweeted the timeline in response to question from a shopper. “We just don’t have anything definitive.” Target announced last week that it is pulling…

Goemans brothers, Jason, left, Brad and Jeff have opened a seventh store, in Vaughan.

Goemans joins ‘big boys’ in latest expansion

Hamilton-born appliance chain opens seventh store, in Vaughan.   Meredith MacLeod – The Hamilton Spectator It hasn’t been easy, but Goemans Appliances is carrying on. The Hamilton-born chain has opened a new store in Vaughan, bringing its total number of stores to seven, and opening its next foray into the lucrative but cutthroat GTA. But…

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Stepping up to help the needy

David Williams Shoes helped more than 1,000 people start 2015 off on the right foot. The Dundas shoe store (at 1 Cross St.) held its sixth annual shoe drive this year, collecting 1,000 pairs of gently used shoes and donating them to Hamilton’s Welcome Inn Community Centre. They topped the donation up with 100 pairs…

Mohawk College president Ron McKerlie.

29 Questions: Ron McKerlie

Ron McKerlie: President of Mohawk College, Hamilton. 1. If you could pick anyone, who would you pick as a business mentor? If he were alive today it would be Walt Disney for his creativity and innovation. 2. What business or leadership book would you most recommend? The First 90 Days by Michael Watkins. I reread…

Kristen Wood of The Ten Spot, a group of salons in the GTA and Hamilton. Here at the James North salon.

Ten Spot owner aspires to an empire

The Ten Spot Beauty Bar   Two years ago, there were two locations of The Ten Spot Beauty Bar. Now there are more than a dozen with more set to open in 2015. “My goal is to have thousands of them,” owner Kristen Wood said, noting three of the existing stores are corporate-owned and the…

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A Family Affair

BlueOrchid   In a way, it is Sina Afshani’s grandmother who started his business. While completing a degree in industrial design at Ontario College of Art and Design, Afshani, 25, focused his thesis on a lift device that would help his elderly grandmother stand. Something that was light, unobtrusive and more affordable than existing lifts.…

Gala Bakery owner Jacqueline Janosevic plans to expand the bakery`s distribution across Canada.

Eurpean sweets from coast-to-coast

Gala Bakery   In 2014, Jacqueline Janosevic expanded production of her specialty desserts by an order of magnitude and went from selling in three Costco stores to 28. When asked about her big year, the owner of Gala Bakery answers like a true entrepreneur. “I guess when you sit down and talk about it you…