Category: Business

Indian billionaire Gautam Adani, one of Asia’s richest men, may be facing his biggest challenge yet with an indictment by U.S. prosecutors for alleged fraud and bribery. But it’s unclear just how the case will affect his businesses and own future — as well as the Indian economy and government. On Friday, shares in some […]

After the federal government announced on Thursday that it would introduce a holiday season tax break on some goods, some Canadians welcomed the move, while others said they saw right through it. “I think it’s going to be helpful for some people, which is really nice,” said Leemor Valin, who was shopping in Toronto. “I really feel strongly that part of what makes this […]

Groupe Dynamite, the Montreal company behind women’s fashion retailers Dynamite and Garage, has launched a $300-million initial public offering on the Toronto Stock Exchange. The company starts trading subordinate voting shares on Thursday under the ticker GRGD, having signed an agreement with its underwriters to trade at $21 per share, according to a news release. The […]

Four companies currently dominating a multibillion-dollar market in the United States are being accused of sharing detailed, sensitive inside information with each other as part of an alleged conspiracy to raise the price of their goods and make more money off consumers. To be clear, this is a story about potatoes. Two proposed class actions […]

The Competition Bureau says it has advanced an investigation into furniture retailer Leon’s and its subsidiary The Brick over deceptive marketing practices. The investigation is related to several allegations, including that the retailers marketed false or misleading information about the end of sales or limited-time-only promotions, and that the companies potentially inflated the regular price of items when […]

Politicians and auto industry groups in the U.S. and Canada have upped their criticism of Mexico, expressing concern that the country is becoming a haven for Chinese automakers trying to circumvent North American tariffs on its products. Ontario Premier Doug Ford suggested this month that Mexico be kicked out of the Canada-United States-Mexico-Agreement (CUSMA), the trilateral trade […]

Canada’s inflation rate ticked up to two per cent in October, Statistics Canada said on Tuesday. The consumer price index had previously hit 1.6 per cent in September, thanks to a steep decline in gas prices. Gas prices fell again in October, although to a lesser extent — and with gasoline excluded, all-items inflation came in at 2.2 per […]

Some travellers who checked baggage on certain WestJet flights between 2014 and 2019 may now claim their share of a class-action settlement approved by the B.C. Supreme Court last month and valued at $12.5 million. A statement from Evolink Law Group says anyone in the world who paid a fee for their first checked bag […]

Video game maker Roblox said on Monday that it is implementing new safety measures for users under 13, including permanently removing the ability to message others outside games on its platform. However, under-13 users can still message others in-game with parental consent. The gaming platform, which reported around 89 million users last quarter, said it […]

Canada Post workers went on strike early Friday after failing to reach an agreement with their employer, shutting down the corporation’s mail service across the country. The Canadian Union of Postal Workers (CUPW) says approximately 55,000 workers in its urban, rural and suburban mail carrier bargaining units are off the job, saying little progress has been […]

Canadians have feared Donald Trump when it comes to trade. They’ve fumed at his policies. They’ve said his threats and tariffs will bring chaos and disorder. But might they actually agree with him? It’s easy to make the case that the second Trump presidency will be bad for Canada. Trump has threatened a 10 per […]

The Canadian Real Estate Association says the number of homes sold in October rose 30 per cent compared with a year ago, marking a shift from the market’s holding pattern. On a seasonally adjusted month-over-month basis, national home sales rose 7.7 per cent from September, as 44,041 residential properties changed hands last month across Canada. […]

Naomi Leanage found out that TikTok’s Canadian offices were getting shut down from a social media post by one of its employees.  “I was honestly shocked and disappointed. I’ve been to the TikTok office in Toronto a few times. They host creators there all the time,” said the Toronto-raised, L.A.-based content creator.  “It’s not just this online […]

A network outage affecting credit unions across the Canadian Prairies on Friday has delayed automatic deposits and payments. Credit unions across Manitoba, Saskatchewan and Alberta had notices on their websites advising of the outage on Friday morning. The notice on the website for Access Credit Union, the largest credit union in Manitoba, said the vendor that […]

With Canada Post workers on strike as of Friday morning, small business owners across Canada who rely on the service — especially during the busy holiday season — say they’re scrambling to make alternative arrangements. Sterling Slingerland, a small business owner in Oshawa, Ont., runs an online gift shop that makes and sells suncatchers, hats and stickers, […]

An Ottawa man feels it’s his right to charge his car overnight at his apartment building since electricity is included in his rent, but his landlord disagrees. Joel Mac Neil says he has been charging his electric vehicle (EV) at his apartment building, the Park West, with no issues for three years, until now. “I should […]

When Mehrdad Khayeri bought his dream house in the Greater Toronto Area earlier this year, he scored a big bonus: nearly $35,000 back. It was a perk he negotiated through a cashback agreement with his real estate agent. “My wife and I did the bulk of the heavy lifting,” Khayeri said, describing how they found […]

Federal government departments are still allowed to advertise on TikTok despite mounting security concerns about the social media platform, CBC News has learned.  On Wednesday, the government ordered TikTok to shut down its two Canadian offices, citing “national security risks.”  It was the latest red flag raised by government officials about the app, which is owned by […]

23andMe is laying off 40 per cent of its workforce, or more than 200 employees, and discontinuing its therapeutics division as the struggling genetic testing company attempts to slash costs. The latest restructuring efforts were announced by 23andMe on Monday. The company said it plans to wind down ongoing clinical trials “as quickly as practical” — […]

If you’re a parent of young kids, chances are you’ve already purchased matching family Christmas pyjamas. Stores typically start carrying them in October if not sooner, after all, and if you want the correct sizes (or close enough) and one of your top three choices of prints, you have to move fast. And that’s just […]

The union representing Canada Post workers said it will be in a legal strike position on Friday, exactly one year after talks on a new contract began. The Canadian Union of Postal Workers (CUPW) said in a statement early Tuesday that its executive board was giving the required 72-hours notice for both its rural and […]

While public transit in many Canadian cities struggles with fares going up and ridership going down, in one community the passenger count has more than doubled in the past two years. Transit ridership in the town of Orangeville, Ont., will, by the end of the year, have increased by 150 to 160 per cent, according to […]

If the lockout of dockworkers in Montreal persists, there will be “catastrophic” consequences for the Canadian economy, particularly in Quebec and Ontario, the local port authority warns.  On Monday morning, Port of Montreal CEO Julie Gascon held a news conference, less than 12 hours after the lockout began. The lockout is the latest escalation in […]

Total greenhouse gas emissions from Alberta’s oilsands have remained relatively flat for the last few years but could climb again in 2024 as the industry ratchets up oil production, according to a new report released Thursday. Since 2019, overall emissions have increased marginally in the oilsands industry by about one per cent annually, compared to much larger […]

Contract negotiations in a labour dispute that has paralyzed container cargo shipping at British Columbia’s ports since Monday have been called off. In an update posted to their website on Saturday night, the B.C. Maritime Employers Association (BCMEA) says they and the International Longshore and Warehouse Union (ILWU) Local 514 met separately with the Federal Mediation and Conciliation Service […]

The provincial government has removed the entire board of the Alberta Investment Management Corporation (AIMCo), saying its ballooning costs demand intervention. In a statement Thursday afternoon, the province announced it will “reset” the focus of the government-owned pension management fund, and will be appointing a new board chair within 30 days. The province’s statement says the move comes “after […]

The federal government ordered an end to TikTok’s Canadian operations on Wednesday, citing national security concerns. But its decision to keep the app itself available has privacy experts puzzled. The order to shut down the social media platform’s Vancouver and Toronto offices came after a months-long national security review of the app. The federal government banned TikTok […]

The employers’ association at the Port of Montreal has issued the dockworkers’ union a “final, comprehensive offer,” threatening to lock out workers at 9 p.m. Sunday if a deal isn’t reached. The Maritime Employers Association says its new offer includes a three per cent salary increase per year for four years and a 3.5 per […]

Canada’s unemployment rate was unchanged in October at 6.5 per cent, while job growth was little changed from the previous month, Statistics Canada said on Friday. The economy added 14,500 jobs last month, about half of what economists were expecting. The jobs were driven by full-time employment, with more people employed in business, building and other […]

The U.S. Federal Reserve cut interest rates by a quarter of a percentage point on Thursday, as policymakers took note of a job market that has “generally eased,” while inflation continues to move toward the central bank’s two per cent target. “Economic activity has continued to expand at a solid pace,” the central bank’s rate-setting Federal Open Market […]

Cédryk Coderre was one of dozens of travellers left stranded on a Via Rail train for 10 hours earlier this year. As the government-owned passenger railway struggled with a mechanical failure, passengers on board Train 622 on Aug. 31 were left hungry and thirsty and forced to contend with sometimes inoperable toilets that belched out […]

Cineplex Inc. says it will continue adding a fee to some online ticket purchases but will adjust how the charge is communicated to moviegoers. The move comes in response to a record $38.9-million penalty Cineplex was handed in September by Canada’s Competition Tribunal in a case alleging the way the company presented online booking fees […]

The Canadian Food Inspection Agency has issued a recall for several brands of bread and buns due to pieces of metal in the products.  The affected goods were sold in Ontario, Quebec and Newfoundland and Labrador.  A total of 37 products were recalled, including from the brands Country Harvest, D’Italiano, Great Value, No Name and […]

BCE has signed a deal to buy U.S. fibre internet provider Ziply Fiber for about $5 billion in cash, a move that comes after the high-profile sale of the company’s stake in Maple Leaf Sports & Entertainment earlier this fall.  BCE said it will help pay for the deal by using about $4.2 billion in […]

Boeing’s West Coast factory workers accepted a new contract offer on Monday, ending a bitter seven-week strike that halted most jet production and deepened a financial crisis at the troubled planemaker. The union said members voted 59 per cent in favour of the new contract, which includes a 38 per cent pay rise spread over four years, easing […]

Sitting in a neighbourhood park in Philadelphia, just one day before the U.S. presidential election, registered voter Todd Miller said he would cast his ballot for Republican candidate Donald Trump this year. He regrets voting for Joe Biden in 2020 — and the economy is high on the list of reasons why. “I feel the […]

The provincewide lockout against a union of more than 700 foremen at British Columbia’s ports is expected to begin at 8 a.m. PT, with fears the move may freeze trade on Canada’s West Coast. The B.C. Maritime Employers Association (BCMEA) has said the lockout is meant to “facilitate a safe and orderly wind-down of operations” in light […]

Shannon Hanmer still remembers the first scary movie she saw in a theatre — the R-rated teen vampire thriller The Lost Boys starring Kiefer Sutherland as the blood-thirsty villain. She was four years old.  “My mom thought it was about Peter Pan,” she said. Instead, a young Hanmer watched in horror as the 1987 film served up gruesome scenes of vampires plunging […]

Calgary’s rental market has gone through a major shift in recent years. While Calgary is still relatively affordable compared to Toronto and Vancouver, large swaths of people moving to the city in search of cheaper real estate have squeezed vacancy rates and pushed rental prices up at a faster rate than anywhere else in the country […]

A U.S. senator is raising concerns that TD Bank Group executives did not face charges as part of the bank’s settlement over its failure to detect large-scale money laundering. Sen. Elizabeth Warren said in a letter to the U.S. attorney general that the settlement, which included more than $3 billion US in fines and a cap […]

Paralympian Brock Richardson landed in Fredericton already knowing that a piece of equipment he requested before the trip would not be there to help move him from his seat to his wheelchair.  But he didn’t expect an Air Canada staff member would also attempt to separate him from the person responsible for his care.  Richardson, […]

With the U.S. election less than a week away, Karen Routledge’s phone keeps ringing with clients wondering what will happen to their investments after Tuesday. The Calgary investment adviser hears wide-ranging concerns about the impact of possible tariffs, rising U.S. debt levels and interest rates. There’s curiosity about swings in the value of the loonie […]

Serums that promise firm skin. Powders that claim to eliminate night sweats. From skin care to supplements to special snacks, menopause may be a new gold rush in the wellness industry. Perimenopause and menopause affect the estimated 10 million women in Canada who are over the age of 40, according to Statistics Canada. The symptoms, which […]

Dockworkers at the Port of Montreal started a new strike Thursday morning, forcing the indefinite shutdown of two container terminals at the country’s second-biggest port. The Port of Montreal says the Viau and Maisonneuve terminals are closed until further notice, paralyzing 40 per cent of the port’s total container-handling capacity. The union representing nearly 1,200 […]

The Canadian economy was flat in August as high interest rates continued to weigh on consumers and businesses, while an early forecast suggests it grew at an annualized rate of one per cent in the third quarter. Statistics Canada’s gross domestic product report Thursday says growth in services-producing industries in August were offset by declines in […]

Starbucks will stop charging customers an extra fee for substituting dairy milk with a non-dairy alternative, part of the mega coffee chain’s efforts to fix what its CEO called “very disappointing” sales results and revenue drops. The change goes into effect on Nov. 7 at its stores in Canada and the U.S., and it will apply […]

A high-speed rail line linking Canada’s two largest cities, Montreal and Toronto, has been the stuff of dreams — and political campaigns — for decades. But with the federal Liberal government poised to announce more detailed plans for the project, that dream is a step closer to reality. In Ontario, the line would include stops in […]

The union that represents mechanics and labourers at Canadian Pacific Kansas City Ltd. has filed for conciliation in its contract talks with the railway company. Unifor — which represents more than 1,200 mechanics, labourers, diesel service attendants and mechanical support staff at Calgary-based CPKC — said Tuesday its negotiations with the railway are at an […]

Testing has ruled out beef patties as the source of the outbreak of E. coli poisoning tied to McDonald’s Quarter Pounders, the company said Sunday. It will resume selling the Quarter Pounder in the coming week. The U.S. Food and Drug Administration (FDA) continues to believe that slivered onions from a single supplier are the […]

At the height of this year’s tax season, the Canada Revenue Agency discovered that hackers had obtained confidential data used by one of the country’s largest tax preparation firms, H&R Block Canada. Imposters used the company’s confidential credentials to get unauthorized access into hundreds of Canadians’ personal CRA accounts, change direct deposit information, submit false […]

Georgina Villeneuve says the humiliation still stings when she thinks about being forced off a Porter plane last month. She was threatened by a flight attendant and berated by another passenger — all over her 20 pound service dog sleeping at her feet. “For a week I cried nonstop … [I] don’t like to create […]

Outside a southwest Toronto cheese business last November, 69-year-old Mohamed Nizam and a dozen of his neighbours stood chanting: “Fix the heat! Fix the heat! No more harassment!”  Nizam told CBC News earlier this month that the group of tenants, who live at a building called the Mello Court Apartments in the city’s north end, […]

Eight months after the Alberta government lifted its moratorium on the development of new, large wind and solar electricity projects, investment has yet to return as companies choose instead to invest in other provinces. In Alberta, the wind and solar electricity sector has been weighed down not only by the lasting chill of the moratorium […]

Business Cineplex has filed an appeal of a record $38.9-million fine for deceptive marketing practices imposed against it by the Competition Tribunal. Competition regulator levied fine over $1.50 online booking fee The Canadian Press · Posted: Oct 24, 2024 10:24 AM EDT | Last Updated: October 24 A Cineplex theatre at Yonge and Eglinton in […]

Are you the kind of traveller who skips ahead in line during boarding calls? One major airline has a message for you: Not so fast. American Airlines is experimenting with new technology that triggers a signal to gate agents when a passenger tries to board ahead of their group.  If the passenger lines up before their […]

Following complaints about reusable Walmart blue bags piling up in homes, the retail giant is phasing out the fabric bags, switching to paper bags for both grocery delivery and in stores. Steve Calarco, a Walmart delivery customer in Edmonton, says he has already collected hundreds of the bags, which he puts out for recycling. Still, Calarco suggests that switching […]

Reducing the number of new admissions to the country could have negative consequences for the economy and pose challenges for commerce, according to business advocates and economists alike. Economic measures such as the gross domestic product (GDP) have been moving in a positive direction, economists say, in part because Canada’s population has continued to increase due […]

Federal employees in Ottawa produced 25 per cent fewer emissions when they worked remotely compared to those who were working in the office full time, a new study suggests, in research that comes as a major public sector union continues to push back on the government mandating more in-office work.  The decrease in emissions associated with remote work […]

A provincial rewards program designed to encourage consumers to buy local is getting mixed reviews from Nova Scotia producers and retailers, primarily for its selection of Sobeys Inc. grocery stores to hold a key role.  In July, the Tim Houston government announced details of a $950,000 contract with Sobeys for its long-promised Nova Scotia Loyal program. Through […]

The Bank of Canada has lowered its key interest rate to 3.75 per cent, making a 50-basis-point cut for the first time since the COVID-19 pandemic. Before Wednesday, the rate stood at 4.25 per cent. Economists were expecting the central bank to go with a larger than usual cut, compared to the 25-basis-point downgrades made in June, […]

WARNING: This story may affect those who have experienced​ ​​​sexual violence or know someone affected by it. Former Abercrombie & Fitch CEO Mike Jeffries, his romantic partner and a third man were arrested Tuesday on charges of luring men into drug-laced, outlandish and coercive sex parties held around the world by dangling the promise of modelling for […]

Honda is voluntarily recalling 61,000 vehicles in Canada over concerns that a high-pressure fuel pump may have a defective part.  The company said in a statement last week that cracks could form inside the fuel pump if there are issues with the core, potentially leading to fuel leaks.  “A fuel leak in the presence of […]

Pennsylvania Gov. Josh Shapiro is among those calling for an investigation of billionaire Elon Musk, for his promise at a weekend Donald Trump rally to give away $1 million US each day until election day in the U.S. Musk on Saturday gave a $1-million US cheque to an attendee at the rally in Harrisburg, Pa., […]

Hundreds of frozen waffle products sold in Canada and the U.S. are being recalled after possible contamination by the Listeria bacteria was detected at an Ontario facility, according to the manufacturer. TreeHouse Foods said Friday that it issued a voluntary recall after discovering possible contamination during routine testing at its Brantford, Ont., manufacturing facility. It […]

Lilly Ledbetter, an former Alabama factory manager whose lawsuit against her employer made her an icon of the equal pay movement and led to landmark wage discrimination legislation, has died at 86. Ledbetter’s discovery that she was earning less than her male counterparts for doing the same job at a Goodyear Tire & Rubber Co. […]

Challenging and frustrating.  That’s how Mohammad Arfan describes his experience trying to get the answers he needs before sitting down to a meal.  As the face of In2Spices, a YouTube channel he runs with his wife, Sarah, dedicated to profiling halal restaurants, he eats out a lot — and his 13,000 followers are proof Canadians […]

As Taylor Swift is set to embark on the Canadian leg of her Eras world tour, scammers are taking advantage of the insatiable demand for tickets to the sold-out shows. “It’s just hard to point out who is real,” said Summer Nickel.  Nickel, 20, is a long-time fan from Maple Ridge, B.C., and she’s been trying to buy […]

Three tobacco giants face the prospect of paying close to $25 billion to provinces and territories and more than $4 billion to tens of thousands of Quebec smokers and their loved ones as part of a corporate restructuring process triggered by a long-running legal battle. A proposed plan of arrangement was filed in an Ontario court […]

Business Starting Nov. 15, X will share user data — including posts, likes, bookmarks and reposts — with third-party platforms that may use the information to train AI models. More companies are signing content licensing deals with artificial intelligence firms Jenna Benchetrit · CBC News · Posted: Oct 18, 2024 6:10 PM EDT | Last Updated: 5 hours ago […]

The U.S. National Highway Traffic Safety Administration on Friday said it was opening an investigation into 2.4 million Tesla vehicles with the automaker’s Full Self-Driving software after four reported collisions, including a fatal crash. The U.S. auto safety regulator said it was opening the preliminary evaluation after four reports of crashes where FSD was engaged […]

In a sprawling industrial building in Brooks, Alta., about two hours east of Calgary, is a former pheasant hatchery that’s now stacked waist-high with thousands of dusty, damaged solar panels.  Dan Carrocci, who’s worked in renewable energy construction for more than a decade, has long been troubled by the lack of end-of-life options for this […]

Renewable energy production is expanding at an unprecedented pace, led by the rapid rise of solar power, says a new report from the International Energy Agency. At the same time, the world’s insatiable demand for more energy contributed to an increase in the production of fossil fuels, pushing energy-related carbon emissions to another record high, the […]

The Canada Revenue Agency (CRA) says 330 employees who “inappropriately” applied for and received the Canada Emergency Response Benefit (CERB) are no longer with the agency. In a release sent out Wednesday, the CRA provided a final update on an internal review launched last year that was meant to identify employees who improperly received the benefit. […]

The United States fined German airline Lufthansa $4 million US for its treatment of a group of Jewish passengers who were denied boarding a 2022 flight in Frankfurt after they had flown to Germany from New York. The U.S. Transportation Department said Tuesday that the fine is the largest the agency has issued against an […]

A Quebec company has apologized following an appearance on CBC’s Dragons’ Den, during which celebrity judge Simu Liu expressed concerns that the brand was culturally appropriating a Taiwanese beverage. The company, Bobba, sells a bottled version of boba tea, or bubble tea, which is typically made of cold tea and chewy tapioca pearls. It originated in Taiwan […]

Canada’s inflation rate fell to 1.6 per cent in September, Statistics Canada reported Tuesday, after hitting the Bank of Canada’s 2 per cent goal in August. The data agency said the numbers marked the smallest year-over-year increase to the consumer price index since February 2021. Lower gasoline prices, which fell by 10.7 per cent on a […]

The murder trial of a tech consultant in the stabbing death of Cash App founder Bob Lee begins Monday, a year and a half after the widely admired entrepreneur was found staggering on a deserted downtown San Francisco street seeking help. Lee’s death at age 43 stunned the tech community, and fellow executives and engineers […]

The Nobel memorial prize in economics was awarded Monday to Daron Acemoglu, Simon Johnson and James A. Robinson for research that explains why societies with poor rule of law and exploitative institutions do not generate sustainable growth. The three economists “have demonstrated the importance of societal institutions for a country’s prosperity,” the Nobel committee of […]

Prime Minister Justin Trudeau congratulated the prime minister of Thailand for her country’s recent legalization of same-sex marriage. Trudeau made the comments while attending the Association of Southeast Asian Nations Summit, hosted this year in Laos’s capital, Vientiane. The prime minister held back-to-back meetings with Asian leaders for much of the day, including one with […]

Toronto-Dominion Bank has been ordered to pay a total of $3.09 billion US in fines after pleading guilty to multiple charges, including conspiracy to violate the Bank Secrecy Act and commit money laundering.  The bank has also received a cease-and-desist order and non-financial sanctions from the Office of the Comptroller of the Currency (OCC), including […]

Income inequality in Canada has hit the highest level ever recorded as wealth becomes increasingly concentrated in fewer hands, says Canada’s statistics agency. The gap in the share of disposable income between the richest two-fifths of Canadians and the bottom two-fifths grew to 47 percentage points in the second quarter of 2024, Statistics Canada reported […]

Guillaume Le Grand is trying to bring cargo shipping back to its roots. Standing on the deck of an 82-metre sailboat docked in Quebec City’s port, Le Grand, a sailor and CEO of the French company TOWT, says he was inspired to harness the natural resources around him. Hundreds of years ago, ships sailed into […]

Tesla CEO Elon Musk showcased on Thursday a long-awaited robotaxi with two gull-wing doors and no steering wheel or pedals, in a display that has largely failed to create much fanfare. At a glitzy unveiling, Musk reached the stage in a “Cybercab” to be produced from 2026 — eventually in high volume — and priced […]

The economy added 47,000 jobs in September, while the unemployment rate declined for the first time since January to 6.5 per cent, Statistics Canada reported on Friday. The agency says youth and women aged 25 to 54 drove employment gains last month, while full-time employment saw its largest gain since May 2022. The overall job […]

The award this week of Nobel prizes in chemistry and physics to a small number of artificial intelligence pioneers affiliated with Google has stirred debate over the company’s research dominance and how breakthroughs in computer science ought to be recognized. Google has been at the forefront of AI research, but has been forced on the defensive as it tackles […]

Thousands of people paid their last respects on Thursday to Ratan Tata, former chairman of Indian conglomerate Tata Group, in India’s financial capital ahead of a state funeral later in the day. The veteran industrialist, hailed by Indian Prime Minister Narendra Modi as a visionary business leader, died at a Mumbai hospital on Wednesday night. […]

In the 15 years since bitcoin was first created, no one has been able to crack one mystery: the true identity of the creator, known only as Satoshi Nakamoto.  Now, a new HBO documentary has opened the case files again to point the finger at a new candidate: Canadian crypto expert and software developer Peter […]

Chrysler parent Stellantis has filed eight additional lawsuits against the United Auto Workers and 23 local units, saying the union has violated its contract by threatening to strike over the company’s delays in planned investments. Stellantis had previously filed suit against the UAW and UAW Local 230 in Los Angeles over the union’s decision to […]

Ticketmaster is enforcing new rules around how fans transfer Taylor Swift tickets amid a surge in reported scams. The ticket sales giant recently updated its website to say ticket transfers for Swift’s concerts can only start 72 hours before the event. Previously, Swifties could transfer tickets between Ticketmaster accounts at any time. Representatives for Ticketmaster […]

Prime Minister Justin Trudeau has an opening during this week’s summit with regional leaders in Laos to step up Canada’s efforts to help Southeast Asian countries facing escalating threats from China, experts say. Southeast Asian countries want to stop China from using its navy, Coast Guard and merchant vessels to bully them during territorial disputes, […]

The U.S. Federal Trade Commission’s case accusing Amazon of stifling competition in online retail will move forward, though some of the states that sued alongside the agency had their claims dismissed, court documents showed. U.S. District Judge John Chun in Seattle unsealed his ruling from Sept. 30, which dismissed some of the claims brought by […]

Video game maker Epic Games is introducing two new parental controls for its popular games Fortnite and Unreal Editor for Fortnite (UEFN) to help parents and guardians monitor how much time their children spend gaming. The two new parental controls introduced are Time Limit Controls and Time Reports, the company said in a statement on Tuesday. […]

The Competition Bureau has obtained court orders requiring Air Canada and WestJet to hand over information for the watchdog’s market study into airline competition. Granted by the Federal Court last month, the rulings require the country’s two biggest airlines to produce records and answer questions around barriers to entry into the field, performance metrics, and […]

The Competition Bureau says it’s obtained a court order as part of an investigation into potential anti-competitive conduct by the Canadian Real Estate Association. The bureau says its investigation is looking into whether CREA’s commission rules discourage buyers’ realtors from offering lower commission rates or whether they affect competition in other ways. It’s also looking […]

You know the feeling. You’re in line to buy groceries and suddenly realize, with regret, that you forgot to bring reusable bags. So you begrudgingly buy more. The feeling is so widespread, a catchy song about it has gone viral on TikTok.  Megan Bishop, a college student in Sault Ste. Marie, Ont., felt compelled to post her […]

Using AI can feel like watching a magic trick. Ask ChatGPT for a photo and out it comes, no matter how elaborate or goofy the request.  But behind the scenes are servers furiously working to power the technology — and using a lot of energy to do it.  According to some estimates, the average ChatGPT […]

The Supreme Court has ruled that airlines can be required to compensate passengers for certain international flight disruptions and Canada’s passenger protection regulations do not violate international law. In a unanimous ruling, all nine justices dismissed an appeal filed by two airline associations and a group of air carriers that serve Canadian and other international airports. […]

A proposed support package from the Nova Scotia government for the province’s wine industry did not follow recommendations in an expert report and was offering too much money to commercial wine bottlers, according to one of the authors of that report. Last week, members of the farm wine sector walked away from a working group with […]

The union representing 45,000 striking U.S. dockworkers at East and Gulf coast ports has reached a deal to suspend a three-day strike until Jan. 15 to provide time to negotiate a new contract. The union, the International Longshoremen’s Association, is to resume working immediately. The union and the U.S. Maritime Alliance, which represents ports and shipping […]

Private equity firm Altor said on Wednesday it has agreed to buy a majority stake in Canada’s iconic 125-year-old brand CCM Hockey, which specializes in manufacturing sports equipment and apparel. Private equity firms are increasingly looking toward the booming sports sector, where companies partner with popular leagues that attract large crowds and foster a loyal customer […]

A Montreal-area woman believes carelessness and lack of security at her bank are to blame for the alleged theft of $20,000 in cash from her safety deposit box. Irina Broido said she and her father opened the box in 2009 to keep important documents, jewellery and money. She eventually became the principal user when her […]

In what is becoming something of a trend, a number of companies are abandoning their carbon emissions targets — in a year scientists have determined is likely to end up being the hottest on record. Earlier this month, Volvo announced it was dropping its goal of having a fully electric lineup of vehicles by 2030.  […]

Alberta’s orphan well woes are about to swell following the end of a controversial court case involving some of the biggest names in the Canadian oilpatch. The province’s Orphan Well Association (OWA) is tasked with cleaning up oil and natural gas wells that no longer have an owner, something that is often caused by a […]

Dockworkers on the U.S. East Coast and Gulf Coast began a strike early on Tuesday, their first large-scale stoppage in nearly 50 years, halting the flow of about half the nation’s ocean shipping after negotiations for a new labour contract broke down over wages. The strike blocks everything from food to automobile shipments across dozens […]

The U.S. National Transportation Safety Board (NTSB) on Monday said more than 40 foreign operators of Boeing 737 airplanes may be using aircraft with rudder components that may pose safety risks. The NTSB last week issued urgent safety recommendations about the potential for a jammed rudder control system on some Boeing 737 airplanes after a February […]

The national banking regulator says it will no longer require borrowers with uninsured mortgages to undergo a stress test when switching providers. The Office of the Superintendent of Financial Institutions says it will end the policy for lenders to apply the minimum qualifying rate to straight switches when uninsured mortgages are renewed at a different institution […]

Some 45,000 union workers could walk off the job at seaports on the U.S. East and Gulf Coasts on Oct. 1, cutting off vital trade arteries just weeks ahead of the U.S. presidential election. A JPMorgan analysis projected that a strike could cost the U.S. economy $5 billion US daily. The strike could hit 36 […]

The price of coffee has been skyrocketing on international commodities markets, and while consumers in Canada haven’t felt the grind yet, the pressure of climate change on the world’s coffee farms is setting the industry on edge, insiders and scientists said.  The current market price for Arabica beans, which make up around 70 per cent of the coffee market, […]

Entertainment giant Live Nation says it will build a temporary, open-air music venue with a capacity for some 50,000 people on the grounds of the former Downsview airport in north Toronto.  The new Rogers Stadium will host its first concerts in June 2025, according to Live Nation executive Erik Hoffman.  “This was a natural response to an […]

In July, torrential rains flooded basements across Ontario, causing $940 million in insured damages, and weeks later, caused nearly $2.5 billion in insured damages in Quebec, the Insurance Bureau of Canada says. As climate change boosts the risk of extreme rainfall and flooding in many parts of Canada, including southern Ontario and southern Quebec, some Montreal-area […]

Statistics Canada says real gross domestic product grew 0.2 per cent in July, following essentially no change in June, helped by strength in the retail trade sector. The agency says the growth came as services-producing industries grew 0.2 per cent for the month. The retail trade sector was the largest contributor to overall growth in […]

Suva Beauty founder Shaina Azad announced the end of her company’s wild ride to international acclaim six months ago in a YouTube video that was met with a mixture of sadness and Reddit threads lamenting the loss of dazzling eyeshadow one fan called “a gamechanger.” Azad — a Surrey-based makeup artist who cut her chops in […]

The Canada Mortgage and Housing Corp. says construction of new homes in Canada’s six largest cities rose four per cent year-over-year during the first half of 2024, but housing starts were still not enough to meet growing demand. The agency said Thursday the growth in housing starts was driven by significant gains in Calgary, Edmonton […]

Starting today, employers in Canada will face new restrictions on their hiring of low-wage temporary foreign workers — a policy shift the federal government says will push businesses to make a greater effort to hire workers already in Canada. Under the new restrictions: Employers will be limited to hiring 10 per cent of their workforce […]

Meta unveiled updates to the company’s virtual reality headset and Ray Ban smart glasses on Wednesday along with AI advances as it tries to demonstrate its artificial intelligence prowess. Meta, which introduced the Quest 3 last year, showed off a cheaper version of the VR headset, to a crowd of developers and journalists at Meta’s […]

Cineplex Inc. has been ordered to pay a record $38.9-million fine by the Competition Tribunal for deceptive marketing practices — but the ruling doesn’t stop the theatre owner from continuing to charge the online booking fee that sparked the case in the first place. The tribunal issued the decision late Monday, siding with the Competition Bureau […]

Workers at several Metro Vancouver grain terminals walked off the job Tuesday morning. Members of the Grain Workers Union Local 333 headed to picket lines at 7 a.m. PT, three days after serving strike notice, in what one industry group says could be “devastating” job action. Both the union and the employer, the Vancouver Terminal Elevators Association (VTEA), say […]

Cineplex Inc. has been ordered to pay a record $38.9 million fine after the Competition Tribunal found the theatre owner guilty of deceptive marketing practices. The tribunal sided with the Competition Bureau in a case brought forward last May by the watchdog, in which Cineplex was accused of deceiving theatregoers by not immediately presenting them with the full price […]

Canada’s grain farmers say a strike at Metro Vancouver terminals would cripple crop exports if it were allowed to take place. The Grain Growers of Canada said in a statement that it is “deeply concerned” about a potential strike of grain workers in Metro Vancouver, since about 52 per cent of all Canadian-grown grain went to […]

After several years of exploring the possibility of introducing a digital currency in Canada, the central bank is shelving the idea. The Bank of Canada confirmed to CBC News it has shifted its focus away from the idea of introducing a digital Canadian dollar, which could be used for online purchases and money transfers. The […]

The head of the Air Canada pilots union says she’ll step down if members opt not to approve a tentative deal with the airline, raising the stakes as aviators mull whether to accept hefty salary gains or drive an even harder bargain. Charlene Hudy, who chairs the Air Canada contingent of the Air Line Pilots […]

Only a month after Thailand’s adorable baby hippo Moo Deng was unveiled on Facebook, her fame became unstoppable both domestically and internationally.  Zookeeper Atthapon Nundee has been posting cute moments of the animals in his care for about five years. He never imagined Khao Kheow Open Zoo’s newborn pygmy hippo would become an internet megastar […]

Quebec’s Alimentation Couche-Tard started with one store in 1980. Now, the retailer stands a serious chance of taking over the largest operator of convenience stores in the world: 7-Eleven.  Currently, 7-Eleven’s more than 84,000 locations across the globe are owned by Japanese retailer giant, Seven & i Holdings, which rejected an offer worth $38.5 billion […]

Canadian retail sales edged up in July, but economists say it will take further interest rate cuts to spark lasting activity. Statistics Canada said Friday that retail sales rose 0.9 per cent, to $66.4 billion, in July, helped by stronger new car sales. The agency says sales were higher in seven of the nine subsectors it […]

General Motors is recalling more than 449,000 of its SUVs and pickup trucks because the electronic brake control module software may fail to display a warning light when a loss of brake fluid takes place. There are 38,382 Canadian vehicles affected by the recall. The National Highway Traffic Safety Administration said Friday that the recall […]

Up to 2,600 new housing units planned for the Heather Lands in Vancouver will be sold at 60 per cent of market value, according to a joint announcement by the province, the city and the Musqueam, Squamish and Tsleil-Waututh First Nations. The 8.5-hectare parcel of land in question is located on Heather Street between West 33rd […]

TD Bank Group, which is mired in a money-laundering scandal in the U.S., said Raymond Chun will replace chief executive Bharat Masrani, who is retiring next year. Chun, who stepped into the role of head of Canadian personal banking last December, will become chief operating officer on Nov. 1 before taking over the top job […]

Tupperware Brands, the company that revolutionized food storage decades ago, has filed for Chapter 11 bankruptcy protection. Tupperware, based in Orlando, Fla., plans to continue operating during the bankruptcy proceedings and will seek court approval for a sale, “in order to protect its iconic brand,” the company said just before midnight on Tuesday.  The company […]

The U.S. Federal Reserve cut interest rates by half of a percentage point on Wednesday, kicking off what is expected to be a steady easing of monetary policy with a larger-than-usual reduction in borrowing costs that followed growing unease about the health of the job market. “The committee has gained greater confidence that inflation is […]

Wreckage from the Titan is hoisted from the ship that brought it back to St. John’s harbour on June 28, 2023. (Patrick Butler/Radio-Canada) A key employee who labeled a doomed experimental submersible unsafe prior to its last, fatal voyage testified Tuesday that the tragedy could have been prevented if a federal safety agency had investigated […]

Canada Mortgage and Housing Corp. says the annual pace of new home construction, known as housing starts, slowed 22 per cent in August compared with July. The national housing agency says the seasonally adjusted annual rate of housing starts came in at 217,405 units in August, down from 279,804 a month earlier. The drop came as the […]

Facebook owner Meta said on Monday it was banning RT, Rossiya Segodnya and other Russian state media networks, alleging the outlets used deceptive tactics to carry out influence operations while evading detection on the social media company’s platforms. The ban marks a sharp escalation by the world’s biggest social media company against Russian state media after it […]

Finance Minister Chrystia Freeland on Monday announced changes to some mortgage rules as part of an effort to make housing more affordable, although some housing experts are doubtful that the new measures will have a meaningful long-term impact on housing affordability and say they might even push prices up. The federal government will increase the cap on insured mortgages […]

Canada is among the richest countries in the world — but when compared to peer countries like Australia, New Zealand and the United Kingdom, it isn’t as rich as it once was. And the wealth gap between Canada and the U.S. has only grown wider, according to figures published by the Organisation for Economic Co-operation and […]

Passengers with plans to fly on Canada’s largest airline can breathe a sigh of relief after Air Canada said Sunday it has reached a tentative agreement with the union representing more than 5,400 of its pilots. The airline says Air Canada and Air Canada Rouge will continue to operate as normal, and the new four-year contract “recognizes […]

Some of the headlines about electric vehicles lately might give the impression that the market is headed for a crash. But new data shows electric vehicle sales are still growing in Canada, and have hit a record high. More than 65,000 new zero-emission vehicles (ZEVs) — meaning battery electric and plug-in hybrid electric — were registered […]

The massive electric vehicle battery plant in southwestern Ontario should produce its first module this month as the project looks to hire another 200 employees before the end of the year.  Windsor’s NextStar Energy plant, expected to be the first facility of its kind to begin production in Canada, will eventually employ 2,500 people and spur a supply […]

Boeing’s U.S. West Coast factory workers walked off the job early on Friday after 96 per cent voted in favour of a strike, halting production of the planemaker’s strongest-selling jet as it wrestles with chronic output delays and mounting debt. The workers’ first strike since 2008 began just weeks after new CEO Kelly Ortberg was brought on in August to restore faith in […]

Air Canada says some operations will start to be affected as time is running out before a potential shutdown due to a labour dispute with its pilots, but the airline noted it hadn’t cancelled any flights on Friday in anticipation of a strike. “At this point, we have not cancelled any flights for today due […]

To Ruth Breeden, whose job is to assemble Ram trucks in a Detroit suburb, a simmering dispute between the United Auto Workers union and Stellantis isn’t merely about whether her employer will reopen a distant factory in Illinois. To her, the standoff is a danger sign for all UAW workers. Belvidere, Ill., is the site of […]

Air Canada said Thursday the federal government will need to step in and block pilots from striking if the two sides can’t reach a deal, warning that job action would disrupt travel plans for least 110,000 travellers every day. A statement from the company said talks with the Air Line Pilots Association (ALPA), which represents 5,200 pilots at […]

When Joelle Fraser-McGaghey had to evacuate her home during the 2016 Fort McMurray wildfire, she only had a few minutes to pack before her family had to get out the door. Trying to pull outdoor furniture away from her house was not at the top of her list. “Honestly, I’m not thinking ‘Should I remove […]

The volatility of international oil markets hit home again earlier this week, as crude prices tumbled to their lowest levels in more than a year.   Just a couple of weeks ago, West Texas Intermediate (WTI) prices — North America’s benchmark for crude oil — were around $75 US a barrel. This week, prices skidded to […]

A new report says August rental rates fell in some of Canada’s largest and priciest markets to continue a months-long trend, while prices rose in smaller markets. The report from Rentals.ca and Urbanation found the average Vancouver rental rate was down six per cent from last year to $3,116 for the ninth straight month of […]

A deal that was billed as Canada’s largest-ever Indigenous equity ownership agreement has hit a snag. TC Energy Corp. said Tuesday the $1-billion agreement, announced in July, that would see it sell a minority stake in its Western Canadian natural gas transmission network to a consortium of Indigenous communities has been delayed. The deal is […]

Prime Minister Justin Trudeau has tapped Mark Carney, the former governor of the Bank of Canada, to chair a Liberal party task force on economic growth ahead of the next federal election, the party announced Monday. Carney, whose possible future in politics has been the subject of much speculation, will consult with business, labour and […]

Apple’s ubiquitous iPhone is about to break new ground with a shift into artificial intelligence that will do everything from smartening up Siri to creating customized emojis on the fly. “The next generation of iPhone has been designed for Apple Intelligence from the ground up. It marks the beginning of an exciting new era,” CEO […]

After a long day at a work event in July, Kathryn Kozodi was relieved when she spotted a car with a lit-up taxi sign.  She thought it was odd when the driver told her she’d have to pay her fare with a debit card. Still, a tired Kozodi hopped in the car.  “I was like, […]

Hundreds of workers are facing an uncertain future after logging giant Canfor announced Wednesday it would close its sawmills in Vanderhoof and Fort St. John, B.C., by the end of the year. It’s the latest blow to the beleaguered B.C. forestry sector, which has seen a wave of mill closures over the last few years. Last […]

Britain’s competition watchdog on Thursday launched an investigation into Ticketmaster over the sale of Oasis tickets, including the use of “dynamic pricing” to hike the cost to fans at the last minute. Thousands of fans waited long hours in virtual queues last weekend to get their hands on tickets for the British band’s reunion shows […]

China has submitted a request to Canada for consultation at the World Trade Organization on additional tariffs it has imposed on Chinese electric vehicles as well as steel and aluminum products, the Commerce Ministry said on Friday. “On Sept. 6, China lodged a request for consultations with Canada at the WTO regarding Canada’s additional tariffs […]

Canada’s unemployment rate increased to 6.6 per cent in August as students continued to face a difficult summer hiring season. Statistics Canada’s labour force survey on Friday showed the economy added a modest 22,000 jobs last month, lagging the pace of population growth. The jobless rate increased from 6.4 per cent in July. Employment last […]

Canada’s unemployment rate is just the latest economic indicator flashing red. It climbed to 6.6 per cent last month. Excluding the volatile swings of the COVID era, that’s the highest it’s been since 2017. And economists say the malaise in the jobs market is deepening. “Layoffs are also rising under the surface. And a down-drift […]

A 10-hour delay on a Via Rail train in Quebec over the long weekend is raising questions about rail passengers’ rights in Canada — or the lack thereof. Passengers on a train from Montreal to Quebec City were left stranded as they ran out of food, water and working toilets when their train broke down […]

Interest rates in Canada are finally coming down. The Bank of Canada trimmed its key policy rate for the third consecutive time on Wednesday, to 4.25 per cent, continuing an easing cycle that started in June.   If you’re wondering what this means after years of high inflation and several cycles of rising interest rates, you’re not […]

In its third consecutive cut since June, the Bank of Canada lowered its key interest rate to 4.25 per cent on Wednesday, citing the continued easing of inflation.  While the move was widely anticipated by economists, the gradual pace of cuts has sparked some questions about when a more dramatic move might be made.  “If […]

Coca-Cola and rival PepsiCo spent hundreds of millions of dollars over decades building demand for their soft drinks in Muslim-majority countries including Egypt to Pakistan. Now, both face a challenge from local sodas in those countries due to consumer boycotts targeting the brands as symbols of America, and by extension Israel, at a time of war in […]

The Dutch data protection watchdog on Tuesday issued facial recognition startup Clearview AI with a fine of 30.5 million euros ($45.6 million Cdn) over its creation of what the agency called an “illegal database” of billions of photos of faces. The Netherlands’ Data Protection Agency, or DPA, also warned Dutch companies that using Clearview’s services […]

Hotter summers in Canada that have sparked wildfires in tourist areas, intense hailstorms and thunderstorms with severe flooding in major cities, all likely linked to climate change, are leading to personnel shortages and potentially claims adjustment delays, according to insurance sector insiders. The industry depends on teams of insurance adjusters to look into claims and […]

A Federal Court of Appeal judge has acquitted Canadian Pacific Kansas City Ltd. of contempt of court related to excessively long hours worked by employees. The ruling from Justice Donald Rennie sets aside a lower court decision, stating it is “impossible to rationalize a finding of contempt with the facts” given CPKC took “meaningful steps” […]

A pair of Toronto lawyers accused of embezzling nearly $7 million from real estate clients has been found in contempt of court for failing to hand over financial records and answer questions about where the money went.  Singa Bui and her husband Nicholas Cartel face penalties that could include fines or even imprisonment, and will […]

Would you buy a plane ticket for a loonie? Flair Airlines hopes so. The ultra low-cost carrier says it has launched a $1 base airfare deal for passengers flying back to Canada from sun destinations — but some experts are skeptical of whether the airline can sustain the promo. Flair says the $1 airfares, currently reserved for […]

Cost of Living5:07The hot, sweaty irony of it all Star Vickery never used to need an air conditioning unit to stay cool in her home in Halifax. But summers are getting warmer, she says, and since she now works from home, it’s become a must.  But cooling your home can be costly. The unit cost […]

When looking up his credit report earlier this year, Stéphane Hamel found out a car loan had been taken out in his name — from a bank he doesn’t even do business with.  “I ended up… with a $25,000 loan that I never asked for,” he told CBC News. The Quebecer, who moved to Alberta […]

The Canadian economy grew 2.1 per cent at an annualized rate in the second quarter of 2024, though GDP per capita fell for the fifth consecutive quarter, Statistics Canada said on Friday. The annualized growth rate was above the Bank of Canada’s 1.5 per cent estimate from July and better than what economists were expecting. Canadian households were […]

The union representing thousands of railroaders has appealed the moves that ended the rail shutdown last week — a work stoppage that halted freight and commuter traffic across the country. In filings to the Federal Court of Appeal, the Teamsters union is challenging a directive for binding arbitration issued to a labour board by Labour […]

Got a light? Canada’s weed industry could probably use it. Tokyo Smoke is the latest Canadian cannabis retailer to close some of its locations and seek creditor protection in an unpredictable industry grappling with too many stores, high overhead costs and ultra-low retail prices. One of the earliest brands to form in Ontario after the […]

The chief executive officer of Postmedia is moving to reassure people in Atlantic Canada that they should not expect major changes in their local newspapers. At least, not right away. Toronto-based Postmedia acquired the assets of the insolvent SaltWire Network Inc., Atlantic Canada’s largest media company, in a deal that closed earlier this month, paying $1 […]

Before Canada said this week it was imposing a 100 per cent duty on Chinese-made electric vehicles, Tesla approached Ottawa and asked for a lower tariff on its autos, a Canadian government source told Reuters on Wednesday. Canada, following the lead of the United States, said on Monday it was setting the tariff for all […]

If you want to understand the struggling local news landscape, look no further than Atlantic Canada, where a takeover has kept the region’s largest newspaper publisher in operation, but still leaves local journalism in a tenuous state. Toronto-based Postmedia, whose titles include the National Post and the Montreal Gazette, has taken over the financially insolvent SaltWire […]

Kitchener-Waterloo Lawyers for plaintiff Neelam Sandhu told a U.S. court this month that Sandhu would voluntarily proceed using her real name in the case against the Waterloo, Ont., tech company and its CEO John Giamatteo. Lawyers say Neelam Sandhu chose to use her name to prevent further harm to other women The Canadian Press · […]

A new tariff on Chinese-made electric vehicles is meant to protect Canada’s emerging manufacturing industry, but there’s fear about what potentially higher-priced EVs mean for already limited competition.

Lawrence Barker says he’s frustrated that cashiers at major grocery stores he shops at no longer voluntarily bag his goods. Barker finds bagging a hassle, as he feels pressured to quickly pack items into his reusable bags before the next customer’s goods slide down the conveyor belt.  So he opts for self-checkout, where he can bag at […]

Parking provider Park’N Fly has disclosed that an unauthorized third party accessed its network last month and gained access to one million customer files. The breach occurred from July 11 to July 13, but the company said in a statement that an investigation has determined that “no payment information was compromised.” Park’N Fly said the personal information that was […]

Cost of Living8:52Clocking in? Scan your fingerprint here When Ellie Thomson arrives at work, she doesn’t punch in on a physical clock or even check in on an app. Instead, she scans her finger.  “Seeing everyone else go ahead and do it, it just figured like the right thing to do and there was no […]

Postmedia has started the process of taking over those parts of the insolvent SaltWire Network that it plans to keep running. Atlantic Canada’s largest newspaper chain has been under court protection since March, when its largest creditor forced the company into insolvency. SaltWire publishes newspapers in Nova Scotia, Prince Edward Island and Newfoundland and Labrador, including the Halifax […]

About 800 Canadian employees are being laid off by Skip the Dishes and its parent company. The workforce reduction will affect approximately 100 Canada-based workers with Skip the Dishes, the food delivery service’s chief executive, Paul Burns, said in a post on LinkedIn on Tuesday. Meanwhile, some 700 operations employees based out of Canada who work for […]

A Surrey, B.C.-based property developer and its director have been ordered to pay nearly $100,000 by the province’s real estate regulator for causing “consumer harm.” The B.C. Financial Services Authority (BCFSA) said Halcyon Point Development and its director Dale Tortorelli are both liable for failing to provide purchasers with a disclosure statement and for putting […]

For the first time, Canada’s two main railway companies, Canadian National Railway (CN) and Canadian Pacific Kansas City (CPKC), are on the verge of a simultaneous labour stoppage. The companies say they will start locking out workers in the early hours of Thursday if they cannot reach a deal, while the union says it is […]

The U.S. military has made its largest move so far in a novel national-security effort to fund mining initiatives in Canada.  The Pentagon on Tuesday announced a $20 million US grant to create a cobalt refinery in northern Ontario’s Temiskaming Shores. The money will go to the Toronto-based Electra Battery Materials Corporation; the government of Canada is adding […]

Alimentation Couche-Tard Inc. could be on the verge of dominating the world’s convenience store market after it offered to buy one of the sector’s biggest players. Japan’s Seven & i Holdings Co. Ltd., which owns 7-Eleven, said it received a non-binding offer from Laval, Que.-based Couche-Tard to acquire all outstanding shares. Seven & i owns […]

Canadian National Railway, one of Canada’s two main rail companies, formally notified the Teamsters union in Canada on Sunday that it would start locking out union workers early on Thursday. “Unless there is an immediate and definite resolution to the labour conflict, CN will have no choice but to continue the phased and progressive shutdown […]

Alberta is putting itself in the race for a slice of the soaring growth of data centres in North America. A pair of Alberta cabinet ministers set off for Silicon Valley last week with the sole focus of promoting the province as a “prime location” to build the physical structures that store and process our digital information. Major […]

The Ontario community of Haliburton County bustles in the summer months with cottagers who flock to the area’s lakes to kick back by the water. But for workers who keep the community afloat by waiting tables, stocking shelves and repairing roads, finding an affordable place to live, much less a second home, can be difficult. “[People] think this […]

Year-over-year inflation in the United States reached its lowest level in more than three years in July, the latest sign that the worst price spike in four decades is fading and setting up the Federal Reserve for an interest rate cut in September. Wednesday’s report from the U.S. Department of Labour showed that consumer prices rose just […]

Does signing up for Disney’s popular streaming service mean you have agreed to never sue the entertainment giant over anything, forever? That is what Disney argues in a wrongful death lawsuit involving a 42-year-old New York doctor whose family claims had a fatal allergic reaction after eating at an Irish pub in Disney Springs in […]

Canadian home sales dipped by 0.7 per cent in July from the month before, the Canadian Real Estate Association said on Thursday. But monthly sales activity was 4.8 per cent higher than it was during the same period a year earlier. The number of newly listed properties increased 0.9 per cent month over month, led by a […]

Content creators who use the online platform Patreon may need to increase prices for their supporters to make up for tech giant Apple claiming a 30 per cent share of any transactions completed within the platform’s app on iOS devices such as iPhones or iPads. Patreon lets individuals or companies charge people for the material […]

Canada Jetlines is grounding all flights and says it is temporarily ceasing airline operations effective immediately, making it the latest carrier to signal distress within Canada’s troubled commercial airline industry.  The airline, which flew mainly to sun destinations out of Toronto, said Thursday it has been unable to find the capital needed to stay afloat and plans […]

Corus Entertainment Inc. has filed a complaint with Canada’s broadcasting regulator alleging Rogers Communications Inc. is “engaging in predatory behaviour” to suppress potential competition. In a July 26 letter to the CRTC, posted online in redacted form this week, Corus vice-president and associate general counsel Matt Thompson asked for regulatory intervention to prevent a “significant […]

North American industry groups and shippers are bracing for an unprecedented simultaneous stoppage at both of Canada’s main railway companies that could inflict billions of dollars of economic damage. As the world’s second-largest country by area, Canada relies heavily on trains to transport goods including grain, beans, potash, coal and automobiles. “It’s a catastrophe. Literally […]

After several months of disruptions for air travellers, there could be more turbulence ahead as the union representing Air Canada pilots prepares for a possible strike next month. The airline and pilots union have been negotiating for more than a year but remain “far apart” on compensation and other issues, the union said. Air Canada and […]

Politics The country’s two main railways are starting to block shipments ahead of a possible strike or lockout next week. Canadian National Railway says in an internal memo that the company has started to embargo some hazardous goods from the U.S. in anticipation of a work stoppage. CN Rail and CPKC have started to embargo […]

Extreme weather events like fires, floods, heat waves and droughts pose an increasing risk to Canada’s food supply chain, putting pressure on prices all the way to the grocery store shelf, say experts. “Anytime you have major weather-related events, it tends to increase costs,” said Frank Scali, vice-president of industry affairs at Food, Health & […]

The former chief financial officer for Royal Bank of Canada is suing the bank for almost $50 million over claims of wrongful dismissal. Nadine Ahn said in a lawsuit that there is no merit to the allegations by RBC that she had an “undisclosed close personal relationship” with another employee who received preferential treatment. RBC said […]

Under a blistering sun, Janna Grier hops out of her pickup truck to start moving hoses to fill up water troughs for her flock of sheep. One thousand of the shaggy, four-legged animals are spending their third summer at a solar farm about 40 kilometres east of Calgary. Their job is simple: Eat weeds. Grier […]

While Canada’s total domestic passenger numbers now hover at around pre-COVID levels, air travel to smaller communities and even medium-sized cities has withered. (Gander International Airport Authority) From his office overlooking the runway at Gander International Airport, Reg Wright can see all flights in and out of his corner of Newfoundland. But in recent years, […]