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The Quebec Court of Appeal is ordering Air Canada to pay passengers more than $10 million in damages in a class-action lawsuit that alleged they were charged higher amounts than the ticket price advertised. In a ruling Tuesday, Justice Judith Harvie wrote that Air Canada showed “ignorance and laxity” when the airline concluded it was […]

U.S. President Donald Trump on Monday kept up his verbal attacks on Federal Reserve Chair Jerome Powell over the Fed’s refusal for now to further cut interest rates. On social media, the president referenced Powell when he said a slowdown would be coming to the U.S. economy unless “Mr. Too Late, a major loser, lowers interest rates, now.” This […]

Hudson’s Bay Co. has stopped paying commission to hundreds of cosmeticians and fragrance advisers during liquidation sales, effectively reducing their salaries. These workers, also known as beauty advisers, earn commission on products sold, on top of their base salary. Hudson’s Bay notified the beauty advisers 12 days in advance that, starting on April 20, they would […]

Think you’ve found a great deal on TikTok to buy Lululemon or Louis Vuitton directly from the factory? Experts say you might want to think again about how real the claims in that video are. In recent days, social media users claiming to have an inside scoop on how and where luxury brands are really made […]

Wall Street weakened Monday as investors worldwide became more skeptical about American investments, something many economists suggest is due to U.S. President Donald Trump’s trade war and his ongoing criticism of the Federal Reserve. The S&P 500 sank 2.4 per cent in another wipeout. That yanked the index 16 per cent below its record set two months ago. The […]

As the trade war between the U.S. and China escalates, the biggest questions are which side has more leverage and which is willing to tolerate more pain. China exported more than $400 billion US to the United States last year, much more than American companies sold to China. That’s why the Trump administration claims it […]

Tariffs are spelling uncertainty for a family business that allows Canadians to use its U.S. shipping address to receive packages from the States. Halfway House Freight Forwarding is an aptly named parcel pick-up spot that sits halfway between the official Canada-U.S. border crossings in Dundee, Que., and Fort Covington, N.Y. One red door leads to Canada, […]

China-founded e-commerce sites Temu and Shein say they plan to raise prices for U.S. customers starting next week, a ripple effect from President Donald Trump’s attempts to correct the trade imbalance between the world’s two largest economies by imposing a sky-high tariff on goods shipped from China. Temu, which is owned by the Chinese e-commerce […]

Google has been branded a monopolist by a federal judge for the second time in less than a year, this time for illegally exploiting some of its online advertising technology to boost profits, fuelling an internet empire currently worth $1.8 trillion US.  U.S. District Judge Leonie Brinkema in Alexandria, Va., ruled that Google unlawfully monopolized markets […]

A steep decline in Canadian travel to the U.S. has dealt a blow to airlines that usually cash in on popular Florida beach vacations and family trips to Disneyland. That’s left airlines scrambling to adjust their summer schedules, trim U.S. flight capacity and add more seats to destinations within Canada and overseas. WestJet, for example, […]

Hudson’s Bay has asked a court to allow it to put the royal charter that launched the company 355 years ago on the auction block, along with its trove of art and historical artifacts. The collapsing department store chain known as Canada’s oldest company filed a motion with the Ontario Superior Court of Justice late […]

 A program announced this week to help some Canadian businesses faced with expensive counter-tariffs might not be enough to entirely spare some manufacturing firms from damage, say observers. And one such company in rural Manitoba is already feeling the bite.  Since the trade war with the U.S. erupted last month, PhiBer Manufacturing has been paying “tens of thousands of dollars […]

Though the deadline to file tax returns is less than two weeks away, tax slips for many Canadian taxpayers are still not showing up through the Canada Revenue Agency’s (CRA) online platforms. Each year, employers and financial institutions have to give copies of tax documents — like T4 slips, which show income information from your […]

The Bank of Canada on Wednesday held its key policy rate at 2.75 per cent, its first pause after seven consecutive cuts, and said the uncertainty around U.S. tariffs made it impossible to issue regular economic forecasts. Instead, the central bank produced two scenarios on what could happen, including one that predicted a deep recession in Canada and […]

California Gov. Gavin Newsom said Wednesday that his state will file a lawsuit challenging U.S. President Donald Trump’s authority to impose sweeping tariffs that have set off a global trade war. The suit will argue that Trump’s use of the International Emergency Economic Powers Act to impose tariffs on Mexico, Canada and China, or a […]

After months of trade war back-and-forth, the impact of tariffs is starting to make its way onto our dining room tables, according to experts working in the Canadian food and grocery industry. Small grocers in particular have been paying more for the products that line their shelves, said Gary Sands, senior vice-president of the Canadian […]

Federal Finance Minister François-Philippe Champagne has announced help for Canadian businesses affected by the trade dispute with the U.S., giving them time to adjust their supply chains. The minister says the government intends to provide temporary six-month tariff relief for goods imported from the U.S. that are used in Canadian manufacturing, processing, and food and […]