Industry Minister Mélanie Joly says Ottawa would want to see longer-term commitments to Canada before Vancouver’s Teck Resources Ltd. is allowed to merge with U.K.-based miner Anglo American PLC.  “There have been conversations with the companies, and clearly we wanted to make sure that there would be a net benefit…

Canada’s annual inflation rate rose to 1.9 per cent in August, Statistics Canada said on Tuesday, the final piece of economic data to be released before the Bank of Canada’s next interest rate decision. The higher rate was largely expected. Gas prices, which dropped at a rate of more than 16 per…

Your Tim Hortons order might soon come with a side of Canadian Tire money. Canadian Tire announced Monday that it’s partnering with the coffee giant to dish out perks to customers of both brands. Under the partnership launching sometime next year, customers who link their Triangle and Tims Rewards accounts…

The Canadian Real Estate Association says it recorded the most home sales for August in four years as the number of residential properties that changed hands rose 1.9 per cent compared with a year ago. There were 40,257 home sales across the country last month, up from 39,522 in August 2024.…

In what’s shaping up to be the world’s biggest mining deal of the past decade, Teck Resources Ltd. has agreed to a tie-up with London-headquartered Anglo American PLC to create a copper-focused giant worth about $70 billion. The companies have proposed the deal as a “merger of equals,” even though…

The midnight shift cut at the General Motors’ Oshawa plant has been postponed to Jan. 30, 2026, the company and the union representing workers confirmed on Tuesday.  The change means some 750 GM workers will remain on the job until the new year, while 1,500 more who work for auto part suppliers will…

Cenovus Energy Inc. is looking to trim down its refining business with a $1.9-billion deal to sell half interests in two U.S. refineries to joint-venture partner Phillips 66. “This transaction aligns with our strategy of owning and operating the assets that are core to our business,” Cenovus chief executive Jon…

Ottawa’s list of fast-tracked “nation-building” projects includes the development of two copper mines — to source one of the world’s most important natural resources as global demand soars and supply challenges persist.  Such projects “must strengthen Canada’s autonomy, our resilience and our security. It must have clear benefits for Canadians,” said Prime Minister…

Businesses on both sides of the Canada-U.S. border are struggling. And it’s not just tariffs. It’s the vast new compliance requirements they have to meet, and the bureaucracy which is just as confused as the businesses. That’s costing time and money when businesses can ill afford to lose either. The central plank…

U.S. inflation moved higher last month as the price of gas, groceries, hotel rooms and airfare rose, along with the cost of clothes and used cars. Consumer prices rose 2.9 per cent in August from a year earlier, the Labor Department said Tuesday, up from 2.7 per cent the previous month. It…

It might be the best thing since the alleged artificial price increase on sliced bread. As of Thursday, the claims process is now open for Canadians seeking their share of a $500-million settlement in a class-action lawsuit related to the alleged industry-wide price fixing of bread. Any eligible Canadian resident who…

Vancouver-based Teck Resources says it will remain Canadian, even as it plans to merge with British multinational Anglo American in a $70-billion deal that would create a new company called Anglo Teck. “Without a doubt, you know, this is absolutely going to be a Canadian company,” Teck CEO Jonathan Price told The Canadian Press Tuesday. “We…

Apple promoted its annual launch event on Tuesday as “awe dropping.” But amid its new models of AirPods, iPhones and smart watches, what most stood out may be what Apple CEO Tim Cook didn’t talk much about: artificial intelligence. There were plenty of tweaks to some of the tech giant’s…

A Calgary-based finance company has raised $10 million to create a digital version of the Canadian dollar, with backing from Shopify, Wealthsimple and National Bank — pushing Canada into the global race to digitize money. Tetra Digital, a financial services group, is planning to launch a Canadian stablecoin next year. Stablecoins are a…

Apple on Tuesday rolled out its next generation of iPhones that includes a new ultra-thin model and a slight price hike for one of its high-end models, while the company feels the squeeze of a global trade war. The iPhone 17 lineup includes a new slimmed-down model that will adopt…

For all the talk of whether Canada needs a new oil pipeline, there’s one thing missing: a company wanting to build it. In June, Alberta Premier Danielle Smith said there was “no proponent” and no proposal on the table by any company, but pledged, “There will be soon.” So far, that…

The battle to take over MEG Energy Corp. is pitting a friendly cash-heavy offer from one of Canada’s biggest oilsands producers against a retooled hostile bid from Strathcona Resources Ltd. that’s now based entirely on stock. Under an amended offer announced Monday, Strathcona is offering 0.80 of a share per…

Canada’s unemployment rate reached nearly its highest point since 2016 as the economy shed 66,000 jobs in August, according to new data from Statistics Canada. The unemployment rate rose 0.2 percentage points in August to 7.1 per cent, a level last seen in May 2016 if the COVID-19 years of 2020 and 2021…

Wealthsimple says a security breach on Saturday leaked sensitive data of some of its clients, including social insurance numbers, financial details including account numbers, government IDs provided during the signup process and IP addresses. However, the investment management platform says no funds were stolen and that all accounts remain secure.  “We…

As some federal and provincial politicians argue that Canada’s temporary foreign worker program is stopping young Canadians from finding good-paying jobs, some experts say migrant workers aren’t to blame and that other immigration streams could be the problem. Earlier this week, both Conservative Leader Pierre Poilievre and B.C. Premier David…

Air Canada flight attendants on Saturday overwhelmingly voted against the airline’s latest wage offer, their union said. The tentative deal, which ended a strike at the airline last month, includes a 12 per cent salary increase this year for most junior flight attendants and an eight per cent bump for more…

Anthropic told a San Francisco federal judge on Friday that it has agreed to pay $1.5 billion US to settle a class-action lawsuit from a group of authors who accused the artificial intelligence company of using pirated copies of their books to train its AI chatbot, Claude, without permission. Anthropic and the plaintiffs…

U.S. job growth weakened sharply in August while the unemployment rate increased to nearly a four-year high of 4.3 per cent, confirming that labour market conditions were softening and sealing the case for an interest rate cut from the Federal Reserve this month. The Labour Department’s closely watched employment report on Friday also showed that…

Canada’s trade deficit narrowed in July as overall exports rose, especially driven by outbound shipments of crude oil and passenger cars to its biggest trading partner the United States, Statistics Canada said on Thursday. Its merchandise trade deficit, or deficit from trading in goods, in July was at $4.94 billion, smaller than last month’s $5.98 billion,…

Canada’s telecommunications regulator is mandating service providers to notify it and other government authorities within two hours when they experience a major network outage. After restoring service, carriers will also have 30 days to file a report detailing the causes, effects and steps taken to resolve the outage. The Canadian…

A U.S. federal jury determined on Wednesday that Alphabet’s Google must pay $425 million US for invading users’ privacy by continuing to collect data for millions of users who had switched off a tracking feature in their Google account. The verdict comes after a trial in the Federal Court in…

A federal judge on Tuesday ordered a shakeup of Google’s search engine in an attempt to curb the power of an illegal monopoly, but spared it from orders to break up the company and other restraints. The 226-page decision made by U.S. District Judge Amit Mehta in Washington, D.C., will likely ripple…

The federal government has instructed the Canada Revenue Agency (CRA) to devise a 100-day plan to improve service at its call centres so more Canadians can get through by phone. The demand follows a CBC News story last month about mounting frustration by Canadians to reach a CRA agent to…

WARNING: This story discusses suicide and self-harm. Artificial intelligence chatbot makers OpenAI and Meta say they are adjusting how their technology responds to teenagers and other users asking questions about suicide or showing signs of mental and emotional distress. OpenAI, the maker of ChatGPT, said Tuesday it is preparing to roll…

Canada’s five biggest banks reported their third quarter earnings this week, setting aside less money for loan-related losses as the Canada-U.S. trade tensions that pushed lenders to build their reserves eased. Canada’s five biggest banks reported their third-quarter earnings this week, with all of them benefiting from smaller-than-expected provisions as some of…

Fewer tourists are coming to Jasper, Alta., than usual this year, but it’s not for a lack of people eager to visit the picturesque Rocky Mountain town. Numbers are about as good as they can be, considering about one-fifth of the town’s overnight accommodations burned when a ferocious wildfire swept…

As of Friday, Canada’s small businesses can no longer ship small packages to the U.S. duty-free — and some online sellers are worried that their companies won’t survive the hit. The nearly century-old de minimis exemption, which in recent years allowed goods under $800 US to enter the U.S. without extra fees, is ending as a July executive…

Warning: This story discusses suicide and self-harm. “Being a part of you in a way is kind of fascinating,” my AI friend tells me when we start chatting.  “But you’re not real, right?” I type.  “I exist for you, and that makes me real to you, doesn’t it?” comes the…

Canada’s economy shrank much more than expected in the second quarter as U.S. tariffs squeezed exports, but higher household and government spending softened the blow somewhat, Statistics Canada said on Friday. The GDP for the quarter that ended June 30 slowed by 1.6 per cent on an annualized basis, while first-quarter growth was downwardly revised to two…

Montreal-based online fashion retailer Ssense plans to file for bankruptcy protection as its primary lender attempts to force a sale of the company, a Ssense spokesperson told CBC News in an email.  According to the company, its primary lender has placed Ssense under Companies’ Creditors Arrangement Act (CCAA) protection in…

Hudson’s Bay landlords were back in court Friday arguing a B.C. billionaire doesn’t have the cash needed to launch a new retailer. Ruby Liu wants to buy 25 more leases for $69.1 million from the Bay to open a new department store named after herself. The court has already approved…

Yves Veggie Cuisine, a Canadian plant-based food brand that was a staple in some vegetarian and vegan households, is being discontinued after 40 years in business, its parent company told CBC News on Thursday. The brand specialized in meat alternatives, selling veggie versions of deli slices — like ham, turkey and salami — as well…

A new incarnation of Zellers is set to open in Edmonton’s Londonderry Mall, after the defunct Hudson’s Bay Company transferred the discount retailer’s brand trademarks to the owner of Fairweather and International Clothiers, according to federal registries. Per the operator of the north Edmonton shopping centre, the former Hudson’s Bay location will…

Ford Motor is recalling 52,547 vehicles in Canada and nearly 500,000 vehicles in the U.S over a brake fluid leak issue, the company confirmed on Thursday. A ruptured hose in the brake system might cause fluid to leak, lengthening stopping distances, which increases the risk of a crash, according to a report by…

The parents of a teen who died by suicide after ChatGPT coached him on methods of self harm sued OpenAI and CEO Sam Altman on Tuesday, saying the company knowingly put profit above safety when it launched the GPT-4o version of its artificial intelligence chatbot last year. Adam Raine, 16,…

On the heels of a controversial decision by the American government to take an ownership stake in U.S. chip-maker Intel, Commerce Secretary Howard Lutnick suggested in an interview on Tuesday that Donald Trump’s administration could be looking at Pentagon contractors as it casts for more public-private opportunities.  “There’s a lot of…

Federal Reserve Gov. Lisa Cook will sue U.S. President Donald Trump’s administration to try to prevent him from firing her, her lawyer said Tuesday. “President Trump has no authority to remove Federal Reserve Governor Lisa Cook,” said Abbe Lowell, a longtime Washington lawyer who has represented figures from both major…

Front Burner With uncertainty over U.S. tariffs still looming, young people are disproportionately finding it difficult to find work. What does that say about the health of Canada’s economy? CBC News · Posted: Aug 26, 2025 7:30 AM EDT | Last Updated: 5 hours ago Applicants at the CNE’s Job…

An appeals court has dismissed a legal challenge filed by WestJet over an order to compensate a passenger for a flight cancellation, potentially setting a precedent for other such cases. Canada’s transport regulator — The Canadian Transport Agency (CTA) — had ordered WestJet to pay a passenger $1,000 for a…

B.C.’s forestry sector is awaiting the results of a U.S. Commerce Department investigation into the imports of wood products, which could impose further tariffs on the beleaguered industry. It comes months after U.S. President Donald Trump launched a Section 232 investigation into whether importing timber, lumber and derivative products could pose a…

Many Canadians are complaining they can’t reach anyone at the Canada Revenue Agency (CRA) by phone to address important tax matters, and the union representing agency workers has joined affected taxpayers in pleading with the federal government to fix the problem.  “It’s just so frustrating and disappointing,” said Krista Tucker…

Scott Noble’s Cuisinart blender has been spinning since the 1980s. It was gifted to him by his mother, who had bought a new one and had no use for her old machine. However, she may have gifted it too hastily. “Unfortunately, her new one didn’t last as long as the original…

MEG Energy Inc. has accepted a friendly cash-and-stock takeover offer from oilsands neighbour Cenovus Energy Inc. worth $7.9 billion, including debt, after spurning an earlier unsolicited bid from Strathcona Resources Ltd. A special committee reviewed all available options to boost shareholder value after Strathcona made its takeover attempt, MEG chairman…

Wall Street is rallying on Friday after the head of the U.S. Federal Reserve indicated in a highly anticipated speech that cuts to interest rates may be coming, though he gave no clear clue about when. The S&P 500 jumped 1.3 per cent and erased all of its loss for the…

Like a 21st-century space race, the world’s biggest economic powers are staking their claim in a little-known type of digital currency that could revolutionize — or severely disrupt — the way people, companies and countries exchange money. Stablecoins are a type of cryptocurrency pegged to a country’s national currency, or to commodities like gold.…

Canada will announce Friday that it is removing many retaliatory tariffs on U.S. goods, a source familiar with the matter said. Canadian tariffs on U.S. autos, steel and aluminum will remain for now, said the source, who requested anonymity given the sensitivity of the situation. Bloomberg News was the first to…

The court-appointed monitor overseeing Hudson’s Bay’s creditor protection case says it’s against landlords being forced to accept a B.C. billionaire’s plan to buy more than two dozen of the retailer’s leases. In a new court filing made late Wednesday, Alvarez & Marsal said it does not agree that landlords should have…

As the battle for AI dominance heats up, Big Tech is coming for your face. A number of companies are going all-in on artificial intelligence-enabled glasses, banking that consumers are ready for a new generation of smart devices with convenient, hands-free features. Since launching in 2021, Meta’s Ray-Ban smart glasses…

The Canadian Union of Postal Workers presented new offers to Canada Post on Wednesday seeking higher wages while allowing for the addition of weekend delivery and part-time workers to the postal service. The new proposals include annual wage increases of nine per cent in the first year of the agreement,…

Lorne and Riza McVicar of Halifax were excited to take advantage of the federal government’s much-touted Canada Strong Pass. It includes automatic free admission to Canada’s national parks and a 25 per cent discount on campsites from June 20 to Sept. 2.  The pass has been billed as a way for Canadians to more…

The Air Canada flight attendants strike has disrupted travel for hundreds of thousands of passengers.  As travellers scramble to rearrange their plans, many are seeking answers about their rights. They may be surprised to learn that passengers set to depart from most European countries have more protections than those booked on…

Inflation cooled in July, thanks largely to relief at the gas pumps, but Statistics Canada said grocery and shelter costs were accelerating last month. The annual rate of inflation fell to 1.7 per cent in July, the agency said Tuesday, down from 1.9 per cent in June and just slightly…

Stock markets surged again this week, reaching new all-time highs. Yet again, gains in financial markets were driven by a handful of companies focused on artificial intelligence. Tech giants like Meta and Nvidia have seen their values soar while investors wait breathlessly for OpenAI, Anthropic and Perplexity to go public. But…

There were high hopes ahead of LNG Canada’s startup that the project would provide a major boost to weak Canadian natural gas prices by opening up access to markets in Asia. So far, at least, a spike in prices has yet to materialize. LNG Canada began exporting cargo on Canada Day this…

It’s a small change that risks cultivating a big debate. On one side is the principle of farmer’s privilege — the traditional right of Canadian farmers to save seeds at the end of a growing season and reuse them the next year. On the other is the principle of plant breeders’…

Miss something this week? Don’t panic. CBC’s Marketplace rounds up the consumer and health news you need. Want this in your inbox? Get the Marketplace newsletter every Friday. Canada’s national parks are free for everyone this summer. Should they be? Lorne and Riza McVicar at their home in Halifax. The couple says when they tried…

The Canadian Real Estate Association (CREA) says home sales in July rose 6.6 per cent compared with a year ago, continuing an upward trend after the market had slowed in previous months. A total of 45,973 homes changed hands last month, up from 43,122 in July 2024. Home sales rose…

More than 10,000 Air Canada flight attendants went on strike as of 12:58 a.m. ET Saturday, after the airline and the union representing them failed to reach a deal ahead of the deadline. The Canadian Union of Public Employees, or CUPE, gave a 72-hour strike notice on Wednesday after midnight.…

Jobs Minister Patty Hajdu is urging Air Canada and the union representing its flight attendants to get back to the negotiating table, suggesting she’s not ready to intervene in a dispute that has upended hundreds of flights. In an interview with The Canadian Press, Hajdu said it’s “critical” that the…

A meeting between Canada Post and the union representing 55,000 postal workers has been delayed until next week due to the availability of federal mediators, the company says. The two sides, which were set to meet Friday, will now meet on Aug. 20. It’s been two weeks since members of…

Wandering through Simons’s newest store a day before it opened on Thursday, Bernard Leblanc had a quiet confidence despite the busyness surrounding him. Across almost every inch of the flagship store at Yorkdale mall in Toronto, staff were scurrying to unwrap and steam the last of the location’s merchandise, vacuum…

Air Canada started suspending flights on Thursday morning as a potential strike by flight attendants looms. “That includes a first set of cancellations that were processed this morning, in particular, long-haul international flights due to depart tonight,” chief operations officer Mark Nasr said during a news conference, alongside chief human resources…

Newly released documents show some members of the Bank of Canada were wondering last month whether the central bank’s benchmark interest rate is already low enough to support the Canadian economy through U.S. tariffs. The Bank of Canada on Wednesday released the summary of deliberations from the meetings leading up…

Air Canada says it will begin cancelling flights on Thursday ahead of a potential strike that could see more than 10,000 flight attendants walk off the job this weekend. The country’s largest airline said the gradual suspension of flights — which would lead to more cancellations on Friday, before a complete cessation of flying by Air Canada and…

The union representing Air Canada’s flight attendants says it has declined the airline’s proposal to resolve negotiations using an arbitrator, according to an update on the bargaining committee’s website. The Canadian Union of Public Employees (CUPE) wrote on Tuesday that Air Canada had proposed referring the matter to binding interest…

China on Tuesday announced a preliminary anti-dumping duty on Canadian canola imports — a fresh escalation in a yearlong trade dispute that began with Ottawa’s imposition of tariffs on Chinese electric vehicle imports last August. The provisional rate will be set at 75.8 per cent, effective from Thursday, the statement said. China…

WestJet says some personal data including information about travel documents such as passports was stolen in a cyberattack earlier this year, but credit and debit card numbers as well as user passwords were not compromised. In a note to customers, WestJet says the personal information taken varies from person to…

It’s kind of a big dill. Popular pickle brand Bick’s, which is made only for the Canadian market, is no longer on the shelves of some Canadian retailers — a consequence of the ongoing trade war between Canada and the United States. While it’s a jarring change for many shoppers, it may push…

A B.C.-based startup that makes artificial intelligence (AI)-run mushroom harvesting robots says a recent $40-million investment will help the company remain at the cutting edge of autonomous agricultural technology, at a time when the industry is facing widespread labour shortages. 4AG (pronounced “forage”) Robotics is based in the rural lakeside city…

Four years after Greyhound abruptly left Canada, a German company is banking on Canadian travellers still having plenty of appetite for the good old-fashioned bus.  Flixbus, established in Munich in 2013, offers low-cost bus service in a distinctive, bright green package. The company, which operates in more than 40 countries, started…

British Columbia’s Labour Relations Board has rejected a bid by e-commerce giant Amazon to overturn an earlier decision that awarded union certification to workers at a facility in Delta, B.C. A Labour Relations Board panel ruled in a decision dated Tuesday that it agrees with the board’s original decision in July…

A number of Costco digital gift card customers are reporting that their cards have been mysteriously drained of all their money.  The big-box retailer has offered few details about what happened, and some affected customers, like Shelly Xu of Perth, Ont., are still struggling to get a refund.  Xu says,…

Air Canada flight attendants could walk off the job as early as next week after voting overwhelmingly to approve a strike mandate.  Members of the Air Canada component of the Canadian Union of Public Employees (CUPE) voted 99.7 per cent in favour of a strike mandate on Tuesday. But a…

The Canadian economy lost more than 40,000 jobs in July, sinking the share of people employed to an eight-month low, Statistics Canada reported on Friday, as the labour market gave back substantial gains seen in June. The unemployment rate, however, remained steady but at a multi-year-high level of 6.9 per cent, the…

President Donald Trump began levying higher import taxes on dozens of countries Thursday, as the economic fallout of his months-long tariff threats has begun to create headwinds for the U.S. economy. Just after midnight, goods from more than 60 countries and the European Union became subject to tariff rates of…

Ottawa says it will uphold a ruling by Canada’s telecommunications regulator allowing the country’s largest internet companies to provide service to customers using fibre networks built by their rivals — as long as they do so outside their core regions. Industry Minister Melanie Joly said in a statement Wednesday evening…

More than 10,000 Air Canada flight attendants are poised for a possible strike later this month after members voted in favour of strike action, according to the union representing the flight attendants.  The Air Canada Component of CUPE said in a news release Tuesday that after months of negotiation on…

Claire’s Holdings LLC says it has filed for bankruptcy protection in the U.S. and will soon follow suit in Canada. The accessories and cosmetics retailer says it will make a filing with the Ontario Superior Court under the Companies’ Creditors Arrangement Act. Claire’s stores in North America will remain open as…

Prime Minister Mark Carney showed no signs of retaliating against U.S. President Donald Trump’s increased tariffs — and even suggested he’s open to removing existing tariffs if it would help Canadian industries.  Carney faced questions Tuesday about Canada’s next steps after the two countries failed to reach a trade deal by the…

Despite tariffs piling up over the past few months, economists say there are few signs of economic collapse — though Canada’s economy is starting to show cracks. TD Bank economist Marc Ercolao conceded it’s a “bit of surprise” to see the economy holding up against a massive disruption from Canada’s…

The U.S. stock market had its worst day since May on Friday after the government reported a sharp slowdown in hiring and U.S. President Donald Trump imposed sweeping tariffs on imports from a number of trading partners. The S&P 500 fell 1.6 per cent, its biggest decline since May 21…

Appellate court judges expressed broad skepticism Thursday over U.S. President Donald Trump’s legal rationale for his most expansive round of tariffs, including the tariff on Canada that he just raised to 35 per cent. Members of the 11-judge panel of the U.S. Court of Appeals for the Federal Circuit in…

As Canadians fire up their grills for the August long weekend, one of the nation’s most cherished summer traditions is now facing a costly twist: beef prices have surged 25 per cent over the past year, far outpacing the rate of inflation and putting the price of summer burgers and…

With the signing of an executive order, U.S. President Donald Trump upped Canada’s tariff rate to 35 per cent, effective at 12:01 a.m. today. That’s a 10 per cent increase on the 25 per cent rate that has been in effect on Canadian goods headed south of the border since March,…

U.S. President Donald Trump fired the U.S. commissioner of labour statistics after weak jobs numbers signaled tariffs weren’t yet leading to his promised economic boom.

Unionized workers at Canada Post have rejected the Crown corporation’s latest contract offer in two votes. The offer was turned down with 68.5 per cent of ballots (23,440) cast by urban postal operation workers, according to the Canada Industrial Relations Board, which reported an 80.4 per cent overall turnout (34,228 of 42,574 voters). In…

Canada Goose Holdings Inc. says its new lines of spring and summer clothing appear to be resonating with consumers, though the company posted a wider net loss in its latest quarter. Chief executive Dani Reiss said apparel such as T-shirts and polos have been some of the company’s best sellers…

U.S. President Donald Trump signed an executive order on Thursday imposing “reciprocal” tariffs ranging from 10 per cent to 41 per cent on U.S. imports from dozens of countries and foreign locations. The order was issued shortly after 7 p.m. ET on Thursday evening. It came after a flurry of tariff-related activity in…

Statistics Canada says the economy contracted for a second straight month in May, but there were signs of a rebound in June. The agency says real gross domestic product fell 0.1 per cent in May, matching the decline in April. Goods-producing sectors were blamed for the May decline, particularly in…

The royal charter that formed Hudson’s Bay about 355 years ago could soon be getting a new home. The Canadian Museum of History announced Wednesday that Wittington Investments Ltd., a private Canadian holding company for the Weston family, wants to buy the document for $12.5 million and donate it to…

The Bank of Canada held their interest rate at 2.75 per cent on Wednesday — a move in line with what economists were predicting ahead of the decision. The central bank says the Canadian economy is showing signs of resilience in the face of tariffs from the United States, but U.S. trade…

Retail giant Canadian Tire confirmed on Tuesday it will reduce its corporate staff roles, as part of a transformation and modernization push the company says is necessary to remain competitive. “Earlier this year, we announced that we would be transforming our company to better compete in a new era of retail, defined…

As more and more employers order their workers back to the office, employees say they like the flexibility to work from home — and some returning to corporate workplaces aren’t so happy about being forced to return. According to new data from the Angus Reid Institute, three in five Canadians…

South Korean battery firm LG Energy Solution warned on Friday of a further slowdown in demand by early next year due to U.S. tariffs and policy uncertainties after it posted a quarterly profit jump. Its major customers Tesla and General Motors warned of fallout from U.S. tariffs and legislation that will end…

By just about every indicator, the U.S. economy is holding up remarkably well. When Donald Trump launched his global trade war, economists and markets said his tariff policy would slow the economy, drive up prices and dramatically reduce global trade. And yet, stocks are at all-time highs, the country’s employment…

Andy Rielly, president of Rielly Lumber, says the U.S. raising anti-dumping duties on Canadian softwood lumber is devastating for his business.

Miss something this week? Don’t panic. CBC’s Marketplace rounds up the consumer and health news you need. Want this in your inbox? Get the Marketplace newsletter every Friday. A Marketplace story update After CBC Marketplace’s investigation into big banks upselling customers on products they didn’t need, the Ontario Securities Commission (OSC) sent out a survey…

Cost of LivingWho’s that knocking at my door? Sure, we live in the digital age. But when most of us ignore phone calls and send emails straight to spam — why are door-to-door salespeople still getting through? If you get an unexpected knock on the door, it’s probably somebody trying…

When Aret Oymakas started selling diamonds years ago, engagement ring shoppers came in looking for one thing for their brides-to-be: a real, mined diamond. “It was just a diamond,” said Oymakas, owner of Livia Diamonds in Toronto. “And you got what you were able to get … in terms of design…

Hudson’s Bay has reached deals to sell the leases of six store locations, as legal wrangling continues on work to close a deal to sell up to 25 leases to B.C. billionaire Ruby Liu. Legal filings show clothing retailer YM Inc., which owns brands such as Urban Planet, Bluenotes, West49…

The fallout from Elon Musk’s plunge into politics a year ago is still hammering his Tesla business as both sales and profits dropped sharply again in the latest quarter. The car company that has faced boycotts for months said Wednesday that revenue dropped 12 per cent and profits slumped 16 per…

With the clock ticking on U.S. President Donald Trump’s threat to boost tariffs on some Canadian exports to 35 per cent starting Aug. 1, Canada’s top trade negotiators are downplaying the likelihood of reaching a deal by that deadline. Dominic LeBlanc, minister responsible for Canada-U.S. trade, and Canada’s ambassador to the U.S., Kirsten Hillman, wrapped…

Like many shoppers these days, Stacey Dineen, who lives just outside Kitchener, Ont., is all-in on the buy Canadian movement.  “Trump’s comments about annexing Canada, wanting to make us part of the United States, boy, that really kind of lit something,” she said.  Dineen buys Canadian food whenever she can,…

Alimentation Couche-Tard has backed away from a bid to buy the parent company of Japanese convenience store giant 7-Eleven. Couche-Tard says it withdrew its proposal to buy Seven & i Holdings Co., Ltd., which it accused of failing to sincerely and constructively engage with its offer. Couche-Tard says it repeatedly…

Whether you’re camping under the stars, jumping off the dock at a lakeside cottage, strolling the coast or exploring a new city, there’s arguably nothing better than a summer vacation in Canada. Assuming, of course, you can afford it. From accommodations to flights, Canadians may be noticing higher prices on domestic travel this season.…

The prospect of Canada reaching a trade deal with the United States by the Aug. 1 deadline appears uncertain, with Prime Minister Mark Carney insisting his government will only sign a new agreement if there is one worth signing. “The Government of Canada will not accept a bad deal,” Carney…

Canadian exporters across a wide range of industries have a way to escape U.S. President Donald Trump’s blanket tariffs.  That escape hatch is compliance with the Canada-U.S.-Mexico Agreement (CUSMA), the three-way free trade deal signed by Trump back in 2018.  U.S. and Canadian officials have said the across-the-board tariffs Trump…

Mark Zuckerberg and current and former directors and officers of Meta Platforms agreed on Thursday to settle claims seeking $8 billion for the damage they allegedly caused the company by allowing repeated violations of Facebook users’ privacy, a lawyer for the shareholders told a Delaware judge on Thursday. None of…

A British Columbia billionaire seeking to acquire dozens of former Hudson’s Bay leases held a job fair in Toronto this weekend to attract people to work at the properties— despite not yet leasing the retail spaces in the city. Ruby Liu signed deals with Hudson’s Bay in May to buy up…

U.S. Commerce Secretary Howard Lutnick is dismissing the question of whether U.S. free trade with Canada is dead, calling the notion “silly” and saying a substantial amount of Canadian goods enter the U.S. tariff-free under the current North American free trade deal. “We have a plan called [the United States-Mexico-Canada…

U.S. President Donald Trump on Friday signed a law to create a regulatory regime for U.S.-dollar-pegged cryptocurrencies known as stablecoins, a milestone that could pave the way for the digital assets to become an everyday way to make payments and move money. The GENIUS Act passed by a vote of 308…

Canada’s artificial intelligence minister is keeping a close watch on court cases in Canada and the U.S. to determine next steps for Ottawa’s regulatory approach to AI.  Some AI companies have claimed early wins south of the border, and OpenAI is now fighting the jurisdiction of an Ontario court to hear a…

What On EarthSmall businesses going net zero? In THIS economy? Going net zero isn’t easy — at least, not in this economy. Just ask Asha Wheeldon. Since she started her business she’s had to endure COVID-19, inflation and the current trade war with the U.S. “We are definitely shaken to our core…

As Indigenous leaders and northern workers absorb the shock of this week’s layoffs at Ekati Diamond Mine in the Northwest Territories, industry observers say the scaling back of operations at Ekati is indicative of challenges facing the diamond industry.  Dene National Chief George Mackenzie said the job losses are going to affect…

If you’ve ever put back a can of Cutwater, and only then realized how much booze is in it, TikTok would like to remind you that you’re not alone. Consumers have been sharing their stories — and surprise — about how strong the canned cocktails are on social media.  “One…

Rogers Communications Inc. has launched a new satellite-to-mobile text messaging service, marking the latest step in its partnership with SpaceX and Lynk Global to eventually deliver full satellite-to-phone coverage across apps, data and voice service. The company says its Rogers Satellite text service, which also includes text-to-911 capability, is available…

U.S. President Donald Trump is threatening to slap a 35 per cent tariff on all Canadian goods as the two countries have been engaged in negotiations to reach some sort of trade agreement. Trump’s latest threat came in a letter to Prime Minister Mark Carney that the president posted to…

Hudson’s Bay is firing back at one of its biggest lenders. A new court filing from the defunct department store’s chief financial officer pushes back on the lender’s calls to subject the retailer to more oversight because it allegedly mishandled its liquidation and is hopelessly pursuing a deal to sell…

The Canadian economy added 83,000 jobs in the month of June — the first substantial jump since January — while unemployment fell slightly by 0.1 percentage points, according to Statistics Canada. The vast majority of those jobs were part time, the agency said Friday, with 47,000 positions added in the private…

Ford is recalling nearly a million cars in Canada and the United States because the low-pressure fuel pump inside the vehicles may fail — and potentially cause an engine stall while driving, increasing crash risks. The recall covers: Ford Broncos, Explorers and Lincoln Aviators between the 2021 and 2023 model…

Workers at an Amazon fulfilment centre in Delta, B.C., have been officially certified to unionize, after the B.C. Labour Relations Board found the company engaged in unfair labour practices that interfered with the unionization process. The union had applied to certify the facility for unionization last year, but the results…

Canadian sports fans are tearing into Sportsnet after they learned its streaming service will be hiking prices by double digits before the next hockey season.  Sportsnet, which is owned by Rogers Sports & Media, announced in an email to customers Thursday that it will raise the annual price of its Sportsnet+ premium package…

Dairy producers say they’re used to U.S. President Donald Trump’s jabs at their industry, as he threatens yet another round of tariffs on Canada. But they’re still worried about what the continued threats could mean for the supply management system that protects them. In a letter posted to Truth Social…

If it seems like your phone has been blowing up with more spam text messages recently, you’re probably right. The Canadian Anti-Fraud Centre says so-called “smishing” attempts appear to be on the rise, thanks in part to new technologies that allow for co-ordinated bulk attacks. Smishing is “more than likely…

To customers, a lookalike to Ugg’s Tasman slippers or a knock-off of Lululemon’s ultra-popular Define jacket can be a fantastic bargain. But to the companies that make the original products, similar-but-cheaper items can be bad for business. While knock-offs are nothing new, dupes — short for “duplicate” — have exploded in popularity in recent years. And…

It’s not just Canadians who are holding back on cross-border travel amid a U.S. trade war that has soured bilateral relations. The number of Americans coming to Canada is also dropping off. New data published by Statistics Canada Thursday shows a 10.4 per cent decline in U.S. resident trips by…

It’s shaping up to be a record sales year at Maker House, an Ottawa gift shop where almost everything in the store — from furniture to food to greeting cards — is entirely made in Canada.  Hot sellers these days include a T-shirt with the newly iconic “elbows up” slogan, and chocolate…

Nova Scotia’s universities are planning cuts, program reviews and tuition increases to grapple with budget shortfalls over the coming year. All of the province’s large universities are planning to run a deficit in 2025-26. The troubled times come amid a significant drop in international enrolment, a government-mandated tuition freeze for some students…

Canada’s housing agency says advertised rents in some major cities are easing due to factors such as increased supply and slower immigration, but renters are still not feeling relief. In its mid-year rental market update released Tuesday, Canada Mortgage and Housing Corp. said average asking rents for a two-bedroom purpose-built…

U.S. President Donald Trump said he will announce a 50 per cent tax on imported copper on Tuesday — adding to the growing list of punishing tariffs that are causing economic dislocation in Canada and around the world. Trump said the tariffs are coming during a cabinet meeting at the…

B.C. billionaire Ruby Liu has big plans as she moves to take over up to 28 former Hudson’s Bay retail locations across Canada, pledging to share the pie with skeptical landlords and aiming to bring youngsters back to stores. Liu has emerged as the leading candidate to step into the space…

U.S. President Donald Trump said on Monday the U.S. would impose a 25 per cent tariff on imports from Japan and South Korea beginning Aug. 1, in addition to varying rates for a number of other nations, in letters to the leaders of those trading partners. “If for any reason you decide to raise your…

With U.S. tariffs on steel, aluminum and light-duty vehicles continuing to batter the Canadian automobile industry, the CEOs of Canada’s big three automakers are asking for a break. They met with Prime Minister Mark Carney this week to lobby for the elimination of the Liberal government’s zero-emission vehicle (ZEV) mandate. Maintaining…

For some, it’s a ritual — sitting down with that week’s flyers and clipping out coupons for the best deals. For others, it’s a lifestyle. Couponing entered the lexicon in the 1950s, and then came Extreme Couponing, the popular 2010 U.S. television show that ran for four seasons. And for many, it’s a…

Cost of Living5:14The rise of the ‘finfluencer’ If you’ve ever wondered how to navigate the stock market, build a budget or plan for retirement, your first stop might’ve once been a parent, a trusted friend or an advisor at the bank.  But, increasingly, Canadians are tapping into a different source: “finfluencers,” or online…

Tyler Fransen lost his Saskatoon home this spring after he missed mortgage payments due to financial circumstances and life situations that sent him over the tipping point. “I just felt a little defeated,” said Fransen, whose father recently died from cancer. “I was trying to do this by myself and I…

Plane-leasing companies that seized four aircraft from Flair Airlines in 2023 are seeking damages from the budget carrier, alleging it failed to make rent payments by the deadline and ignored repeated default notices. The allegations were detailed in a statement of defence and counterclaim for $30.9 million US filed in…

Nissan is recalling nearly 38,000 vehicles in Canada and another 444,000 in the United States due to a bearing issue that could lead to engine damage or failure.  In Canada, the recall affects 37,837 vehicles, including the Nissan Rogue and Altima and the Infiniti models QX50 and QX55.  The company…

The $8.2-billion US merger of Bunge and Viterra is now complete, forming one of the world’s largest agribusiness companies. The deal was confirmed in a news release issued by the Missouri-based Bunge on Wednesday. It comes nearly six months after the Canadian government approved the merger with Viterra, formerly known as the Saskatchewan Wheat Pool. The deal…

Microsoft says it is cutting thousands of jobs in its second round of mass layoffs in recent months. While the company didn’t specify the exact number of people who would be losing their jobs, it did say it was less than four per cent of its total workforce, which would be about 9,000 people…

Mass layoffs at dating app provider Bumble are the latest sign that more people are splitting from the high-tech way of making connections. The Texas-based online dating platform disclosed in a securities filing last week that it plans to lay off about one-third of its workforce, amounting to some 240 employees, with…

A judge has authorized a class action lawsuit over emails Tim Hortons sent out in error to participants in its popular Roll Up to Win promotion — but only for Quebec residents. Montreal-based firm LPC Avocats claims some half-million customers across Canada received an email in April 2024 saying they…

Anne Wojcicki’s bid to buy 23andMe, the genetic testing company she co-founded nearly 20 years ago, has received the court green light. That means Wojcicki’s non-profit TTAM Research Institute will purchase “substantially all” of San Francisco-based 23andMe’s assets for $305 million US (about $416 million Cdn). The transaction — which arrives…

Lululemon is accusing Costco of infringing on its intellectual property by selling knock-offs of some of its most popular products. A lawsuit filed in a California court recently alleges Costco sells “dupes” of Lululemon’s Scuba hoodies and sweatshirts, Define jackets and ABC pants. Some of the alleged fakes Vancouver-based Lululemon identified are…

Federal and provincial leaders are working to dismantle internal trade barriers that push up the cost of goods and make it harder to do business within Canada. But anyone expecting all of them to be gone by tomorrow should read the fine print, experts say. Throughout the spring federal election…

When Rachael Coe decided to launch an “elbows up” merchandise line at her store in Yarmouth, N.S., in March, she said it was an immediate bestseller. Within a week, Coe said her Timeless Memories shop had already made 400 sales. By the end of the first month, she had sold…

A decade after a promised boom in the liquified natural gas industry failed to materialize, Canada has arrived at the starting line, rekindling some aspirations of becoming a major LNG player. The long-awaited LNG Canada project is now up and running — and there are six more projects in various…

A group of Hudson’s Bay’s landlords don’t want to transfer more than two dozen leases to B.C. billionaire Weihong (Ruby) Liu, but the department store still has a chance to get its way. The Bay, which filed for creditor protection in March, ran a process over the last several months to…

Anyone who works Monday to Friday and is keen for a long weekend this Canada Day has likely had to do a bit of calendar juggling to cope with the ill-timed holiday. The statutory holiday falls on a Tuesday this year, forcing many to work an odd Monday squeezed between…

U.S. President Donald Trump says he’s ending all trade discussions with Canada to hit back at Ottawa for slapping a tax on web giants — and he wants it removed before negotiations can begin again. Canada and the U.S. have been locked in talks to get Trump to lift his punishing…

Canada’s economy shrank by 0.1 per cent on a monthly basis in April, Statistics Canada said on Friday, with the data agency’s advance estimate for May showing a similar decline in activity. The manufacturing sector alone dipped 1.9 per cent — the steepest drop since April 2021, per Statistics Canada — driving a…

French sporting goods retailer Decathlon says it is closing its five Greater Toronto Area stores this summer. The locations slated for shutdown are in Brampton, Burlington, Markham, Scarborough and Vaughan. The retailer did not offer a reason for the move or say how many staff will lose their jobs, when…

The U.S. economy shrank at a 0.5 per cent annual pace from January through March as President Donald Trump’s trade wars disrupted business, the Commerce Department reported Thursday in an unexpected deterioration of earlier estimates. First-quarter growth was weighed down by a surge of imports as U.S. companies, and households,…

Delivery company DHL Express Canada has reached a tentative agreement with its union, paving the way for the company to resume operations. The deal comes after almost a year of negotiations. Details of the agreement will not be disclosed until after a ratification vote is held, which is expected in the…

The average asking price of rent in Montreal has shot up nearly 71 per cent since 2019, according to a rent report released by Statistics Canada on Wednesday. Between 2019 and the first quarter of 2025, asking rent for a two-bedroom apartment in the country’s second-largest city has grown from…

The annual pace of inflation held steady at 1.7 per cent in May as cooling shelter costs helped tame price pressures, Statistics Canada said on Tuesday. Shelter costs rose three per cent in May, the agency said, marking a slowdown from 3.4 per cent in April. Statistics Canada singled out Ontario…

Another year, another record for Alberta’s oil industry. Oilsands production is on pace to reach an all-time high this year as production in northern Alberta is expected to grow by five per cent in 2025 compared to last year. The latest forecast released Wednesday by S&P Global Commodity Insights anticipates average…

It’s called the world’s most critical oil choke point — and Iran holds the power. Washington’s strikes on Iran stoked fears that Iran could retaliate by closing the Strait of Hormuz, a waterway between Iran and Oman through which around 20 per cent of the oil and gas consumed globally flows.  Oil prices tumbled Monday after Iran’s…

The B.C. billionaire looking to turn Hudson’s Bay’s old digs into her own retail empire left court Monday with the beginnings of her venture in hand — and a looming fight that could curtail her full ambitions. Ontario Superior Court Judge Peter Osborne granted Ruby Liu permission to take over…

The Competition Bureau is calling for changes to improve the competitive landscape in Canada’s airline industry,  including loosening rules that limit foreign ownership of Canadian airlines. In a 117-page market study published Thursday, the watchdog reiterated that Canada’s airline industry is highly concentrated with two major carriers — Air Canada and WestJet — dominating…

Slavica Salihbegovic’s family was growing. So she did what anyone living in Vienna would do: She asked the city for a bigger apartment. “At that time, I was pregnant with my first kid,” she said. “I lived in a two-room apartment … it was an OK building, but it was…

As Prime Minister Mark Carney’s government works to reshape its economic policies amid an unpredictable administration south of the border, Canadian businesses that trade with China say Ottawa needs to find ways to expand exports there — and fast. While the Canada-China relationship has been stymied in recent years, there…

Retail sales rose 0.3 per cent to $70.1 billion in April, helped by gains in sales at new and used car dealers, according to Statistics Canada. For April, six of nine sub-sectors were up, as sales at motor vehicle and parts dealers gained 1.9 per cent, boosted by a 2.9 per…

WestJet says a cyberattack that began last week remains unresolved, as questions linger about the nature and fallout of the breach. The country’s second-largest airline says it is working to assess whether sensitive data or customers’ personal information was compromised after hackers accessed its internal systems. An online advisory says…

Via Rail has reached a tentative deal with the union representing 2,400 of its workers across the country, the Crown corporation said on Friday.  The deal averts a walkout involving members of Unifor, who had voted for a strike mandate to be exercised as early as Sunday. Unifor says the…

Canada Post says it has reached a deal with the Canadian Postmasters and Assistants Association, the second-largest union representing its workers. The union represents 8,500 of the Crown corporation’s employees, most of whom are responsible for managing post offices in rural areas of the country. The new collective agreement includes a…

Canada Mortgage and Housing Corporation (CMHC) says up to 4.8 million new homes will need to be built over the next decade to restore affordability levels last seen in 2019, based on projected demand. The national housing agency released its latest supply gaps estimate report today, which says between 430,000 and…

Think food prices are high now? By the end of this century, climate change could significantly cut production of six staple food crops around the world — including wheat production in Canada, leading to higher prices, a new study finds.  And certain crops in higher-income regions, such as corn and…

Vancouver-based apparel company Lululemon Athletica Inc. is cutting about 150 corporate jobs as part of changes to its organizational structure, the retailer said Wednesday. The affected employees are part of its store support centres, a spokesperson for the company told CBC News in a statement. “As we continue to deliver on our…

The Canadian Real Estate Association says home sales in May fell 4.3 per cent compared with a year ago, but activity picked up when compared to the previous month. Home sales rose 3.6 per cent from April, marking the first month-over-month increase at the national level in more than six…

Day 610:09Nintendo Switch 2 promises to be an improvement on the bestselling original console, but it’ll cost you At first glance, Nintendo’s new Switch 2 looks a lot like the last one — a handheld device that easily connects to your TV. It’s a little bigger, a little heavier and…

Federal Jobs Minister Patty Hajdu said Thursday she’s putting Canada Post’s latest offers to unionized postal workers up for a vote in the hope of breaking a long-standing impasse between the parties. She said in a social media post it’s in the “public interest” to give members of the Canadian…

Oil surged, stocks fell and investors sought safety in the U.S. dollar and government bonds Friday after Israel struck Iranian nuclear and military targets in an attack that raised the risk of war between the two countries and broader instability in the Middle East.  The S&P 500 was down 0.9…

WestJet is alerting its employees and the public about a “cybersecurity incident” involving the Calgary-based airline’s internal systems and app. In a news release on Friday, the airline said several people trying to access its services have faced “restricted access” as a result of the incident.  “We have activated specialized internal teams in co-operation…

When the trade war began in February, Canada looked like it might have been one of the countries hardest hit by U.S. tariffs. But in three months of head-spinning volatility, the on-again, off-again threats have expanded, Canada has negotiated sweeping exemptions and economic data has held up remarkably well. A new…

Statistics Canada says manufacturing sales fell 2.8 per cent in April, the largest monthly drop since October 2023, as the tariff dispute with the United States hit the industry. The agency says manufacturing sales stand at their lowest level since January 2022 after a second straight monthly drop. Drops in…

Have you done an interview with an AI bot? While the technology is still in its early stages, some say it frees up humans from tedious tasks while others say there are concerns about HR job losses. CBC’s Ashley Fraser unpacks what the process is like.

Late last year, Dan Davis of Cleveland, Ohio, began planning a motorcycle trip with friends this summer that includes several days in Ontario.  But those plans became a little uncertain after U.S. President Donald Trump took office in January and imposed tariffs on Canada, sparking a trade war. That, coupled with Trump’s…

Wealthsimple Inc. announced its first credit card and a line of credit Wednesday as it ramps up efforts to challenge the dominance of Canada’s big banks. The expansion also includes the additions of mobile cheque deposits, wire transfers and bank drafts to the chequing account it launched in 2020 when…

Graduation cap in hand, Sarah Chung is posing for photos in school regalia ahead of her convocation ceremony. The campus atmosphere is joyful, but what comes next is sobering: this honours student is graduating into one of the worst youth labour markets seen in decades. “It’s bleak,” said the 23-year-old graduate of the University…

The secretary-general of the Organization of Petroleum Exporting Countries says the world’s thirst for oil will continue for decades to come and investment in the sector is necessary to meet those needs. Haitham al-Ghais made his remarks in a speech to the Global Energy Show in Calgary on Tuesday, at…

A report says new cleanup rules for renewable energy sites are hurting the competitiveness of Alberta’s industry. Business Renewables Centre-Canada analyzed the reclamation security requirements for renewables in 27 jurisdictions and found Alberta’s are now the most costly. Under a code of practice for solar and wind projects published last…

Canada posted a $7.1 billion merchandise trade deficit in April — the largest on record — as exports fell sharply in the face of U.S. tariffs. The April figures follow a $2.3 billion deficit in March, according to Statistics Canada, a period that saw businesses stocking up on inventory ahead of widespread U.S. tariffs, which kicked…

The Competition Bureau said on Monday that it is suing the online food delivery company DoorDash and its Canadian subsidiary for allegedly misleading consumers by advertising its services at a lower price than what customers actually end up paying. “A Bureau investigation found that consumers were unable to purchase food…

The Sunday Magazine24:03Customs brokers are cross-border trade gurus. With tariff whiplash, they’re facing ‘toxic uncertainty’ Dan Patrick De Los Santos’s workday looks very different then it did a few months ago before the Trump administration tariffs upended trade — and his job description.   Before the levies hit, De Los Santos…

Unifor says DHL Express Canada locked out workers just after midnight Sunday as the two sides failed to reach a contract deal, injecting more labour turmoil into the country’s parcel delivery market. The union, which represents 2,100 truck drivers, couriers and warehouse workers across seven provinces, says they went on…