Gerard Comeau thought nothing of his 2012 trip from New Brunswick to Quebec and back again to pick up a carload of beer. He lived close to the border in Tracadie, N.B., and the prices were cheaper in Quebec. It seemed like a no-brainer. He certainly didn’t expect a police…
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In the on-again, off-again talk of tariffs on Canadian products being sold into the United States, Jérôme Pécresse has advice for his industry: “Be patient, be calm, be agile.” Pécresse is chief executive of aluminum for Rio Tinto, which includes overseeing the company’s Canadian smelter operations. Though most of those are in…
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With U.S. tariffs on Canadian imports slated to come into effect March 4 , Quebec’s business community is preparing for what’s to come — even though experts admit that’s unclear.
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Many high-rise buildings need I-beams. In fact, they need a lot. Also known as a wide flange beam, the I-shaped component is used in multi-unit buildings, including residential and commercial ones. According to Keanin Loomis, president and CEO of the Canadian Institute of Steel Construction, a 20-storey building would take…
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2 days ago News Duration 2:34 How safe is RedNote? A new report from University of Toronto’s Citizens Lab says Android and iOS versions of RedNote ‘fetch viewed’ images and videos without any encryption, which enables network eavesdroppers to learn exactly what content users are browsing.
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The ever-changing tariff threats from the Trump administration have caused some businesses to start shipping their products to the U.S. earlier than normal to lock in pricing. That includes grain farmer Landon Friesen, co-owner of Southman Ag Ventures. His facilities are based just outside of Crystal City, a small Manitoba community less than…
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Inderjeet Singh and his family are in an unusual situation. The couple owns a home in Toronto, but after interest rates ballooned to five per cent, they put the house up for rent and moved to Montreal where they thought things would be more affordable. A year and a half later,…
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3 hours ago News Duration 2:00 In light of the current labour dispute between Amazon and workers in Quebec, NDP MP Charlie Angus is calling on Canadians to support a national boycott of the company, including cancelling government contracts. Angus also accused Amazon owner Jeff Bezos of ‘making fun’ of…
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스카이라운지가 있는 바는 강남은 서울의 중심부에서 가장 세련된 유흥 문화를 자랑하는 지역으로, 고급스러운 분위기의 바와 라운지가 즐비하다. 그중에서도 스카이라운지가 있는 바는 특별한 밤을 보내기에 완벽한 장소로 꼽힌다. 스카이라운지는 높은 층에 위치해 있어 서울의 야경을 한눈에 감상할 수 있으며, 세련된 인테리어와 감성적인 조명이 더해져 로맨틱한 분위기를 연출한다. 이러한 공간은 연인과의 데이트는…
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직원의 피드백을 어떻게 통합합니까 오피사이트는 팀 협업을 돕는 강력한 도구로, 다양한 업무를 효율적으로 관리하고 소통을 원활하게 합니다. 그러나 단순히 이러한 기능만으로는 조직의 성장을 이끌어낼 수 없습니다. 직원들의 피드백을 통합하고 이를 바탕으로 개선하는 과정이 필수적입니다. 직원들의 피드백을 효과적으로 통합하는 방법은, 업무 환경을 개선하고 더 나은 성과를 도출하기 위해 매우 중요한 요소입니다.…
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Health Canada is warning against the fire risk posed by a number of LG free-standing electric ranges after receiving reports of incidents caused by accidental activation of the front knobs. In a recall advisory posted Wednesday, the agency stated that the knobs that control the stovetop elements could be activated…
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21 hours ago News Duration 11:07 President Donald Trump says he wants every car sold in the United States to be made domestically, a move which experts say would disrupt the entire North American auto sector for years. Andrew Chang explains how interdependent the Canadian and U.S. auto industries are,…
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The politically charged Keystone XL pipeline is back in the spotlight, with U.S. President Donald Trump pitching the company behind the project to return to the U.S. and “get it built – NOW!” “I know they were treated very badly by Sleepy Joe Biden, but the Trump Administration is very…
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Apple shareholders rebuffed an attempt Tuesday to pressure the technology trendsetter into joining U.S. President Donald Trump’s push to scrub corporate programs designed to diversify the workforce. The proposal drafted by the National Center for Public Policy Research — a self-described conservative think-tank — urged Apple to follow a litany of…
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Business Online marketplace Temu is launching a program allowing Canadian businesses to sell goods through the e-commerce platform to customers in the country, the company said on Monday. 1st time Canadian businesses can list products directly on the site, company says The Canadian Press · Posted: Feb 24, 2025 12:05…
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Starbucks plans to lay off 1,100 corporate employees globally as its new chairman and chief executive streamlines operations. In a letter to employees released Monday, CEO Brian Niccol said the company will inform employees who are being laid off by mid-day Tuesday. Starbucks is also eliminating several hundred open and…
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Canada is in the midst of an unprecedented transfer of wealth that experts say could have significant social and economic implications for the country. The Chartered Professional Accountants of Canada said in 2023 that $1 trillion of wealth was expected to move between Canadian baby boomers and their millennial and Generation…
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The country’s largest private sector union says it’s gravely concerned by Stellantis’s unexpected announcement that it’s halting work at the Brampton Assembly Plant in Ontario. The company has been retooling the plant for both electric and gas Jeep Compass vehicles and was set for production to start later this year.…
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Picture this: You’re wandering around the grocery store, trying to buy Canadian. That carton of blueberries is a no go — and that loaf of bread doesn’t make the cut, either. The juice you wanted to buy was made in Canada … using imported ingredients. Wouldn’t it be great if…
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Loblaw Companies Ltd. is seeing more participation in its popular PC Optimum loyalty program — and more points being redeemed at checkout. Customers redeemed more than a billion dollars’ worth of Optimum points in 2024, according to Loblaw’s annual report. There are more than 17 million active Optimum users. The…
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As car manufacturer Stellantis pauses work on its next-generation Jeep Compass, including retooling a plant in Canada designated to build the vehicle, industry observers say the company is rethinking its priorities on electric vehicles as tariffs create an uncertain environment for automakers. The nearly four-decade-old assembly plant in Brampton, Ont., was closed for…
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Internal Trade Minister Anita Anand informed the provinces Friday that Ottawa will remove more than half of federal internal trade barriers in a move to make Canada less reliant on the United States, according to a senior federal government source. Anand made the announcement at an informal, virtual meeting of the Committee on…
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Regulation of artificial intelligence would encourage — not stifle — innovation, says a University of Ottawa professor who presented at last week’s global AI summit. Florian Martin-Bariteau, who is also the university’s chair of technology and society, flew across the Atlantic to address world leaders in Paris at a summit meant to set a global agenda for the rapidly developing technology. Such international summits have been held…
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Birkenstocks are comfortable and ubiquitous in the summer. The German-made shoes come in many colours and shapes. They sometimes look chic and sometimes look shabby. But can these sandals be considered art? That’s what Germany’s Federal Court of Justice had to decide on Thursday, and it ruled they’re just comfy footwear. Birkenstock, which…
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Apple announced Wednesday it is replacing its entry-level iPhone SE, which debuted in 2016, with a new, much pricier model that comes with many features previously reserved for the company’s more expensive handsets. Industry watchers were expecting the simple SE to be retired or upgraded, but some Canadian tech experts say the price uptick will put iPhones,…
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GameStop Corp. is looking to sell its Canadian and French operations as it evaluates its international assets, the video game retailer said in a Tuesday news release. CEO Ryan Cohen posted to X earlier in the day that the two business arms were for sale, adding, “High taxes, Liberalism, Socialism, Progressivism, Wokeness…
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Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signalling the country’s evolution into a major oil state just nine months ahead of hosting the United Nations’ annual climate summit. The National Council for Energy Policy’s approval came in response to an official invitation in 2023.…
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Canada’s consumer price index rose to 1.9 per cent in January, as higher energy prices weighing on overall inflation were partly offset by the federal government’s tax holiday, Statistics Canada said on Tuesday. January marked the first full month that the GST holiday was in effect — temporarily lowering the price of products to which the tax is…
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A home renovation company endorsed by TV celebrity contractor Mike Holmes said Friday it’s closing down, blaming CBC News coverage. “Due to actions taken by CBC, our company’s reputation has been severely impacted, making it financially impossible for us to continue operations,” wrote Ivan Atanasov, CEO of Ontario-based AGM Renovations, in a letter to the company’s…
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한 사이트에서 여러 대출을 신청할 때, 가장 중요한 결정 중 하나는 적합한 대출 기관을 선택하는 것입니다. 대출 조건이나 금리, 상환 계획 등 여러 요소가 대출자의 경제적 상황에 큰 영향을 미치기 때문에, 대출자는 여러 대출 기관을 비교하고, 가장 유리한 조건을 찾기 위해 노력해야 합니다. 그렇다면 한 사이트에서 여러 대출 기관을 비교할…
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DeepSeek, a Chinese artificial intelligence startup, has temporarily paused downloads of its chatbot apps in South Korea while it works with local authorities to address privacy concerns, South Korean officials said Monday. South Korea’s Personal Information Protection Commission said DeepSeek’s apps were removed from the local versions of Apple’s App…
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As U.S. President Donald Trump threatens tariffs upon tariffs, businesses, consumers and policy-makers are scrambling to figure out how to respond. But the mere threat of tariffs is already having an impact. “Whether or not they ever be put into place, the damage is done,” said Greig Mordue, a former…
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For three weeks in November and December 2021, iconic Canadian clothing chains Bootlegger, Cleo and Ricki’s found themselves paralyzed — staring down the barrel of the “critical holiday season” but prevented by ransomware from moving inventory. The attack occurred on Nov. 23, but the businesses weren’t able to regain access to…
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President Donald Trump’s threats of tariffs on Canadian products entering the U.S. and his planned imposition of tariffs on imported steel and aluminum have triggered alarm in the Canadian auto sector, with experts warning of possible work stoppages and supply chain disruptions. But experts say building cars in Canada for…
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A flag manufacturer in British Columbia says it is seeing a spike in sales of Canadian flags amid threats of U.S. tariffs, including a rise in orders from south of the border. Julia Izadi of Flying Colours International said February is often a time when the company restocks flags and plans…
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contact TV manufacturers directly for pricing When sourcing televisions in bulk or seeking to negotiate the best price for a TV order, many potential buyers wonder if they can directly contact TV manufacturers for pricing. The answer largely depends on the nature of the business and the region in which…
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With the two-month GST holiday wrapping on Saturday, shoppers and small businesses across Canada are weighing whether the tax break made a meaningful difference — and the verdicts are mixed. The federal government imposed the temporary tax break on Dec. 14, 2024, applying it to restaurant meals, some alcohol, children’s toys…
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WestJet has announced a multibillion-dollar, long-term commercial agreement with German aircraft services firm Lufthansa Technik to build a new engine repair station in Calgary. Lufthansa Technik will establish and operate the aircraft engine maintenance facility at the Calgary airport to service WestJet’s approximately 50 Boeing 737 Max airplanes, which WestJet says…
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Japanese automakers Honda, Nissan and Mitsubishi said Thursday they are ending talks on business integration. Nissan chief executive Makoto Uchida said the talks had changed focus from setting up a joint holding company to making Nissan a subsidiary of Honda. “The intent was to join forces to win in the global…
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Igloo is recalling more than 1 million of its coolers sold across Canada, the U.S. and Mexico due to a handle hazard that has resulted in fingertip injuries, including some amputations. The now-recalled “Igloo 90 Qt. Flip & Tow Rolling Coolers” have a tow handle that can pinch users’ fingertips…
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The Bank of Canada’s governing council felt that a protracted trade conflict with the U.S. would permanently shrink the level of domestic GDP, the minutes of a policy decision meeting showed on Wednesday. The central bank trimmed its key policy rate by 25 basis points to three per cent on Jan. 29,…
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What is the best finish for a jewelry box hinge? When selecting a jewelry box hinge, one of the most important factors to consider is the finish. The finish not only enhances the aesthetic appeal of the jewelry box but also impacts its durability and functionality. Choosing the best finish…
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Amid a “buy Canadian” push inspired by trade tensions with the U.S., some multinational food and beverage companies are working hard to highlight their Canadian-made products. Canadian viewers of the Super Bowl over the weekend may have noticed a new ad from Kraft Heinz. The ad, set in the company’s…
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As Canadian farm retailer Peavey Mart winds down all its stores and offers steep discounts, it is warning customers of fraudulent websites that are using the opportunity to steal personal information. Peavey Mart, headquartered in Red Deer, Alta., announced it would shutter all of its 90 locations nationwide in late…
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Bell Canada is offering severance packages to 1,200 unionized employees, attributing the move to “unprecedented challenges” in the telecom industry, a spokesperson confirmed to CBC News on Tuesday. The company is introducing what the spokesperson called an “enhanced voluntary separation program” for eligible employees, which it says will give them the option…
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Canadian steel and aluminum businesses are already feeling the consequences — and the déjà vu — of Donald Trump’s latest tariff threat, several years after he targeted the same industries with a punishing import tax. The U.S. president mused on Sunday that he would slap a 25 per cent tariff on steel and…
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2 hours ago News Duration 3:36 Flavio Volpe, president of the Automotive Parts Manufacturers’ Association and a member of the prime minister’s Council on Canada-U.S. Relations, says his organization is ready to act ‘when and if’ Trump does something that threatens the industry.
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Prime Minister Justin Trudeau told business leaders at the Canada-U.S. Economic Summit in Toronto that U.S. President Donald Trump’s threat to annex Canada “is a real thing” motivated by his desire to tap into the country’s critical minerals. “Mr. Trump has it in mind that the easiest way to do it is…
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Air Transat will no longer offer free carry-on baggage on its cheapest fares for some flights starting Tuesday. The Montreal-based airline is matching other Canadian companies, including Air Canada and WestJet, which have also dropped free carry-on baggage for its cheapest fares. As of Feb. 11, travellers using Eco Budget, the lowest fare option, can only bring a…
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There’s been a lot of chatter about interprovincial trade barriers lately — namely, that Canada should remove them, with federal and provincial officials saying that opening up domestic trade could soften the impact of potential U.S. tariffs. But what are these barriers, and how do they impact our daily lives? Just imagine…
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TV celebrity contractor Mike Holmes has posted a public statement on Facebook about the importance of electrical safety and investigating contractors which may have done unsafe work. The comments came one day after a CBC investigative report found a Holmes-endorsed company, AGM Renovations, is facing accusations of shoddy construction, including unsafe electrical work. “Electrical…
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A Montreal business owner, Firoz Patel, will spend another three and a half years in U.S. federal prison after being sentenced for laundering $43 million US worth of Bitcoin following an earlier conviction for operating an unlicensed money-transmitting business. Patel, 50, pleaded guilty to obstruction of an official proceeding for attempting…
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Canada’s unemployment rate unexpectedly fell and the economy posted another solid month of job gains, Statistics Canada said on Friday, signalling that joblessness has started to ease. In January, the unemployment rate was 6.6 per cent, a notch below the 6.7 per cent seen a month earlier. The economy added 76,000 jobs — still…
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Canada Post is laying off dozens of managers in an attempt to save money after years of severe financial losses, CBC News has learned. The layoffs include firing three senior executives last month — most notably the company’s chief financial officer. Two vacant roles have also been eliminated, resulting in an overall 20 per…
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As the federal government says it will introduce new measures to fight organized crime in Canada, helping it stave off tariff threats from the U.S., experts say that Canada’s money-laundering problem has festered for far too long — and that the issue makes it easier for fentanyl-pushing cartels to gain a…
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The regulations that are often criticized as barriers to trade between Canadian provinces could all crumble within a month, according to federal cabinet minister Anita Anand. Following an announcement at the Port of Halifax on Wednesday, a reporter asked Anand if “interprovincial trade barriers [could] be dealt with, wiped away in…
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Canadians have so far been shielded from the high egg price plaguing the U.S. in the midst of an avian flu outbreak, and industry experts say it’s likely to stay that way for now. The U.S. diner chain Waffle House, known for its low prices, said Tuesday it would add a 50-cent surcharge…
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U.S. President Donald Trump said on Monday that U.S. banks are not allowed to operate in Canada, echoing an earlier statement he’d made on his Truth Social platform — but the claim is false. “American banks are not allowed to do business in Canada. Can you believe that?” he said to…
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China on Tuesday slapped tariffs on U.S. imports in a swift response to new U.S. duties on Chinese goods, renewing a trade war between the world’s top two economies even as President Donald Trump offered reprieves to Canada and Mexico. Additional 10 per cent tariff across all Chinese imports into the U.S. came into effect…
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It’s feared that hefty U.S. tariffs to be imposed this Tuesday on goods imported from America’s three largest trading partners — Canada, Mexico and China — could upend industries from autos to consumer goods to energy. After threatening tariffs for weeks, U.S. President Donald Trump announced on Saturday that they’ll come into effect,…
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U.S. stocks sank and the Canadian dollar fell further in early trading on Monday morning against the backdrop of a brewing North American trade war, then rebounded mid-morning after Mexican President Claudia Sheinbaum announced that U.S. tariffs against her country would be delayed by one month. U.S. President Donald Trump announced on Saturday that…
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U.S. President Donald Trump has declared a trade war on Canada, prompting the federal government, provinces and territories to launch their own countermeasures to hit back at the American economy. Trump imposed a 25 per cent tariff on virtually all goods from Canada and a lower 10 per cent tariff…
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Several premiers are decrying U.S. President Donald Trump’s decision to impose punishing tariffs on virtually all Canadian goods and are calling for a powerful retaliatory response from Ottawa while implementing countermeasures of their own. Newfoundland and Labrador Premier Andrew Furey said on Saturday that “we’re in a moment that is…
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B.C. Premier David Eby has announced immediate countermeasures in response to incoming U.S. tariffs, saying the province will take action to protect B.C. workers and businesses. Speaking at a news conference Saturday, Eby criticized the tariffs as a betrayal of the long-standing relationship between Canada and the U.S. He said…
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A B.C. Supreme Court judge has ordered WestJet to stop telling passengers there’s a limit to how much they can claim for expenses incurred by flight delays and cancellations. Justice John Gibb-Carsley issued the interim injunction in New Westminster, B.C., Friday ahead of a trial set for next year over…
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This may give some solace to Canadians dreading the impact of large across-the-board U.S. tariffs: you’re not alone in your sentiment. The idea remains deeply unpopular among residents of the country whose new president is threatening to erect the economically harsh trade barriers. Polls by Leger and the Associated Press/NORC…
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Quebec Premier François Legault is warning Americans they will pay the price if President Donald Trump goes ahead with 25 per cent tariffs on Canadian exports — particularly the province’s aluminum. Trump said Thursday he would impose tariffs as soon as Saturday, though his administration has not provided details and it remains unclear…
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The federal government is likely to reverse course on increases to the capital gains tax that were announced in the last federal budget, CBC News has learned. The Liberal government could delay implementing those changes, according to a high-level source with knowledge of the government’s plans. CBC News is not naming the…
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Walmart Canada says it will spend $6.5 billion over the next five years as it opens dozens of new stores. The retailer says the investment is the largest it has made since it entered Canada 30 years ago, but wouldn’t say exactly how many locations it will span. It says…
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Starbucks is planning to cut its food and beverage offerings by 30 per cent over the course of this year, aiming to simplify operations and speed up service. It’s not yet clear what items will be taken off the menu, but in a conference call with investors on Tuesday, chairman and CEO Brian Niccol said…
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Canada’s central bank lowered its interest rate by 25 basis points to three per cent on Wednesday, as the Bank of Canada governor warned there was little he could do to negate the economic impact of U.S. tariffs imposed on Canadian imports. “Monetary policy cannot offset the economic consequences of a protracted trade conflict,”…
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The Chinese-made AI chatbot DeepSeek may not always answer some questions about topics that are often censored by Beijing, according to tests run by CBC News and The Associated Press, and is providing different information than its U.S.-owned competitor ChatGPT. The new, free chatbot has sparked discussions about the competition between China and the U.S. in…
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Chinese tech startup DeepSeek’s new artificial intelligence chatbot may not always answer some questions about topics often censored in China, and is providing different information than U.S.-owned competitor ChatGPT, according to tests run by The Associated Press. The newer, free AI assistant has sparked discussions about the competition between China and the…
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Liberal leadership contender Chrystia Freeland released Monday what she’s calling her “plan to stand up to Trump” — a policy document that includes the threat of big tariffs on U.S. goods to make the Americans pay if they go after the Canadian economy. Freeland called on the federal government to…
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The federal government will lend $1 billion to Canada Post for the 2025-26 fiscal year so that it can continue operating while dealing with “significant financial challenges,” the postal service said Friday. Canada Post says that Ottawa is making the repayable funds available within the regulations of the Canada Post Corporation Act, but that the…
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Canada’s premiers and federal officials are pitching cutting interprovincial trade barriers to guard against a looming trade war with the United States, arguing it could boost the Canadian economy by billions of dollars. The idea gained steam on Wednesday after Prime Minister Justin Trudeau hosted a virtual meeting with the…
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Last May, about 230 workers at an Amazon warehouse in Laval, Que., successfully unionized — a historic first in Canada at the retail giant. The CSN, the union that represents the workers in Laval, said workers were dissatisfied with what they described as a hectic work pace, low wages and inadequate health and…
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Can shrewd shopping truly help Canada push back on economic threats from the United States? If you believe the rhetoric from some political leaders, every little bit helps — especially if consumers pay closer attention to labels. “When you look at ‘made in Canada’ or ‘made in Ontario’ products — buy…
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The federal industry minister is calling for a review of Ottawa’s “business relationship” with Amazon after the company said it will close all seven of its warehouses in Quebec. “They’ll have me fighting to make sure that this is not going to go unanswered in Canada,” Industry Minister François-Philippe Champagne…
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For Monika Scott and Robyn Mair, the last month has brought a whipsaw of emotions every time they log onto social media. Between a divest-or-ban government ultimatum that downed TikTok in the U.S. for several hours on Saturday and users fleeing Facebook and Instagram over Meta ditching fact checkers, the…
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One of U.S. President Donald Trump’s freshly signed executive orders puts the Liberal government’s digital services tax into the sights of America’s Commerce, Treasury and Trade departments, threatening to further irritate the trade relationship between the two countries. The America First Trade Policy, signed into force by Trump Monday evening, seeks to…
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Editor’s note: This story is part of a joint investigation with the Fifth Estate, Marketplace, and Radio-Canada’s Enquete and La Facture looking at the changing pet health sector in Canada. When Maja Terzic brought her sick cat to the vet, she agreed to a few hundred dollars in blood work to hopefully find out…
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Meta is pushing back on claims from social media users who say they’ve been forced to follow Facebook and Instagram accounts belonging to U.S. President Donald Trump, his wife Melania Trump and Vice-President J.D. Vance. The allegations gained steam on Tuesday, a day after Trump took office, with some users saying that…
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Amazon announced on Wednesday it will shutter its facilities in Quebec in the coming weeks and cut more than 1,700 jobs. A company spokesperson said Amazon will outsource deliveries to smaller contractors. The spokesperson insisted that the decision was tied to cost savings — not the recent unionization of about…
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유급 교육을 제공하는 여성의 파트타임 여성의 파트타임 일자리를 찾을 때, 유급 교육을 제공하는 일자리를 원하는 경우가 많습니다. 이는 직무 수행에 필요한 기술을 배울 수 있는 기회를 제공받으면서 동시에 경제적 자립을 할 수 있기 때문입니다. 특히, 밤알바와 같은 고소득 아르바이트를 선택하는 여성들은 일자리에서 유급 교육을 통해 스킬을 향상시키고, 더 나아가 장기적인…
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U.S. President Donald Trump on Monday, his first day back in office, signed an executive order postponing the country’s ban of TikTok for 75 days. But whether this move was lawful is up in the air. The ban — signed into law by the Biden administration and upheld by the Supreme…
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Canada’s inflation rate fell to 1.8 per cent in December, with the federal government’s GST holiday bringing prices down for restaurant food, alcohol and children’s clothing, Statistics Canada said Tuesday. The rate was a tick lower than analyst expectations, and lower than the previous month’s 1.9 per cent. With food excluded, December’s inflation rate…
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Look for Managed Security Service Keeping an enterprise’s software and operating systems up to date can significantly reduce the likelihood of a breach. It’s also a critical part of complying with various data protection and privacy regulations. But patching is a time-consuming and resource-intensive process that requires specialized skills to…
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Canada might be spared from Donald Trump’s tariffs for now, but Canadian business leaders and owners have been thinking about what might happen with the threatened tariffs — and what they’re doing to prepare. After wide speculation that the newly sworn-in president of the United States would impose a promised 25 per cent tax on imported…
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Melania Trump launched her own cryptocurrency on Sunday on the eve of her husband’s presidential inauguration, just a day after his own coin was launched — moves that are raising ethical concerns among crypto industry observers. “The Official Melania Meme is live! You can buy $MELANIA now,” the incoming first lady wrote on X. Donald…
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Information Technology Security Monitor Network Traffic Information technology security is an array of practices, protocols and technologies designed to protect an organization’s digital assets. The practice involves creating and using secure systems for handling sensitive data, including monitoring networks to identify vulnerabilities and mitigate threats. The goal of information technology…
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The U.S. Supreme Court ruled against TikTok on Friday in its challenge to a federal law requiring the popular short-video app be sold by its Chinese parent company ByteDance or be banned in the United States on Sunday. The justices ruled that the law did not violate the U.S. Constitution’s…
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A Bank of Canada internal review found that the extraordinary measures it took during the pandemic could have been communicated more clearly, including an explanation of how its actions would be eased after a crisis has passed. The report also noted that the bank significantly underestimated the strength and persistence of…
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Countries around the world are bracing for an economic bruising on Monday. And few have more at stake than Canada. That’s because three-quarters of everything Canada sells into the world, it sells to the United States, and U.S. president-elect Donald Trump is threatening trade penalties the day he takes office.…
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Four of Canada’s biggest banks have left the UN-backed Net-Zero Banking Alliance that aims to accelerate climate action among financial institutions. Banks including BMO, National Bank, TD Bank Group and CIBC confirmed Friday they were no longer members. The withdrawals from the alliance follow departures by the six largest banks…
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Some are grieving; some will dance on its grave. Hershey Canada is discontinuing Cherry Blossom, the novelty candy that consists of a syrupy maraschino cherry encased in milk chocolate with bits of coconut and peanut. “After being a cherished treat for Canadians for many years, Hershey Canada confirms that Cherry Blossom will…
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Apple is pulling a feature that uses artificial intelligence to produce summaries of news stories after it repeatedly sent out error-ridden headlines, drawing the ire of news organizations like the BBC and the Washington Post. The feature, which was rolled out in the fall, generated headlines that were sometimes misleading…
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Canada’s housing market saw a modest increase in the number of housing starts, or new home construction, in 2024. Canada Mortgage and Housing Corporation (CMHC) says housing starts totalled 245,120 last year, up from 240,267 a year earlier. The number of starts rose two per cent compared to 2023. “Canada’s urban centres saw…
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A chocolate bar sold by the Swiss company Milka has been recalled across Canada for containing undeclared hazelnuts, according to the Canadian Food Inspection Agency (CFIA). The product, called the Bubbly Alpine Milk, is “being recalled from the marketplace because it contains hazelnut which is not declared on the label,” the CFIA…
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Barrick Gold Corporation has halted its operations in Mali after the government seized gold stocks worth $245 million Cdn from the company’s Loulo-Gounkoto mining complex. The military-led government moved the gold stock from the site to a custodial bank, further preventing the shipment and sale of the gold. In a statement,…
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The number of homes that changed hands across the country in December was up 19.2 per cent compared with a year earlier, as the Canadian Real Estate Association says a strong fourth quarter bodes well for a rebound in sales in 2025. The association says the final three months of…
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The Court of Quebec has ordered Rio Tinto Iron and Titanium Inc. to pay fines totalling $2 million for infractions related to the discharge of harmful effluent into waterways. The company pled guilty to eight counts of violating the Fisheries Act and the Metal and Diamond Mining Effluent Regulations, said Environment and Climate Change Canada (ECCC) in…
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With 2024 being the single-most expensive year on record in terms of insurance payouts in Canada, following a swath of devastating weather-related disasters, insurers are warning that home insurance rates in 2025 are likely to increase significantly. The Insurance Bureau of Canada says insurers paid out $8.55 billion in 2024,…
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The U.S. Securities and Exchange Commission says BMO has agreed to pay more than $40 million US to settle charges related to the bank’s alleged supervision failure in bond selling. The regulator said Monday the apparent lack of oversight allowed employees in the BMO Capital Markets division to allegedly sell…
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Apple’s board of directors recommended investors vote against a shareholder proposal to abolish the company’s diversity, equity and inclusion (DEI) programs, according to a proxy filing from the company. The National Center for Public Policy, a conservative think-tank, submitted a proposal that the company consider abolishing its “Inclusion & Diversity program,…
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The Loblaw grocery chain overcharged customers by selling underweighted meat across 80 stores for an undisclosed period that ended in December 2023, a CBC News investigation has found. On top of that, over the past few months, CBC News visited seven major grocery stores in three different provinces and discovered packages of underweighted…
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The Honda Civic hybrid won the 2025 North American Car of the Year award, while the Ford Ranger took the crown for the truck honours, and Volkswagen ID. Buzz won the utility award. The honours, announced Friday morning during an Automotive Press Association event kicking off the North American International…
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Supreme Court justices posed tough questions to the lawyer representing TikTok and its Chinese parent company, ByteDance, on Friday over a law that would force a sale or ban the widely used short-video app by Jan. 19 in the United States in a case that pits free speech rights against national…
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“Right here, right now, is where finance draws the line,” proclaimed Mark Carney, the UN special envoy for climate action, in 2021, on stage at the UN Climate Change Conference in Glasgow. More than 160 financial institutions signed onto a kind of climate finance super-group known as the Glasgow Financial Alliance for Net Zero…
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Meta Platforms is ending its diversity, equity, and inclusion (DEI) programs, including those for hiring, training and picking suppliers, it said in a memo to employees posted on an internal company forum on Friday. The move comes in the run-up to U.S. president-elect Donald Trump’s inauguration, as the company attempts…
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The Canadian economy added 91,000 jobs and the unemployment rate dipped 0.1 percentage points to 6.7 per cent in December, Statistics Canada said on Friday, in a jobs report that came as a pleasant surprise to economists. Job growth was more than triple the amount expected, with experts guessing on average that 25,000…
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Average asking rents fell nationally to $2,109 in December on a year-over-year basis, marking a 17-month low, according to a new report. A monthly report from Rentals.ca and Urbanation says average asking rents across Canada were down 3.2 per cent from the same month last year, as December marked the…
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The fate of Canada’s largest proposed carbon capture and storage project is even more uncertain after Prime Minister Justin Trudeau’s resignation announcement this week amplified existing unknowns around the future of energy and climate policy in Canada, experts say. The $16.5-billion high-profile project in question would capture harmful carbon dioxide…
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Montreal-based retailer Frank And Oak has filed for creditor protection for the second time this decade, seeking relief from $71 million in debt, while the Ontario company behind Ricky’s and Cleo says it will shutter their stores. Frank And Oak, a sustainable-fashion brand, filed for creditor protection just before the Christmas…
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Back in 2010, a 26-year-old Mark Zuckerberg shared his vision for Facebook — by that point a wildly popular social network with more than 500 million users. “The primary thing that we focus on all day long is how to help people share and stay connected with their friends, family and…
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After being hit hard by the COVID-19 pandemic, clothing retailer Frank And Oak’s struggles have continued thanks in part to online fast fashion trends.
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Meta is ending its fact-checking program in the U.S. and replacing it with a system similar to the “Community Notes” on Elon Musk-owned X, the Facebook parent said on Tuesday. The new model will allow users on Meta’s social media sites Facebook, Instagram and Threads to call out posts that…
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The B.C. Supreme Court has ordered WestJet to hand over all its files on harassment of flight attendants in a class-action lawsuit alleging widespread misconduct by pilots. The ruling by Justice Jacqueline Hughes says WestJet has been slow and “potentially adversarial” regarding the documents and it’s unclear why complaint files haven’t been…
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It’s back to the office full time for the majority of Amazon employees across the globe, but for some who work for the tech giant and online retailer it’s not a welcome change. “The people on my team are very upset about this,” said CJ Felli, a system development engineer at…
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Tesla posted its first annual sales drop in more than a dozen years on Thursday, sinking a stock that has soared since Donald Trump’s victory on optimism that CEO Elon Musk’s close relationship with the president-elect will help the company. Tesla’s global vehicle sales rose 2.3 per cent in the final quarter…
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Apple has agreed to pay $95 million US to settle a lawsuit accusing the privacy-minded company of deploying its virtual assistant Siri to eavesdrop on people using its iPhone and other trendy devices. The proposed settlement filed Tuesday in an Oakland, Calif., federal court would resolve a five-year-old lawsuit revolving…
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Ramtin Attar is standing inside an unremarkable warehouse, in an ordinary-looking industrial park near Edmonton’s airport, looking at some robots he believes could be revolutionary for the construction business. Attar is the CEO and co-founder of Promise Robotics — part of a small group of Canadian companies and researchers working on…
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Toys “R” Us Canada says it is closing five Ontario stores and revamping several others as it works to “optimize” its business. The toy retailer says the closing locations include a store in Argyle Mall in London along with its shops on Steeles Avenue West in Thornhill, Hurontario Street in…
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Canada’s top-paid CEOs made over 200 times more than the average worker in 2023, says a new report — yet the gap between executives and employees narrowed slightly that year, as workers’ wages rose and corporate profits declined during the comedown from high inflation. The annual report, released by the progressive think-tank…
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Did you recently get a direct deposit of $36.29 from Meta and are wondering if you can keep it? The company Facebook hired to manage the process, says, yes you can, but with conditions. The payments are the result of a class action settlement with the social media company Meta. The lawsuit…
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A California-based HR tech company says it will acquire a Vancouver-based bookkeeping service that abruptly halted operations last week. Bench Accounting announced its sudden closure on Friday, putting hundreds of staff out of work and forcing clients to seek alternatives just days from the end of the year. Employer.com says in…
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It was a seemingly minor moment that led to a foundational legal decision. It was a Sunday in 1982, and Big M Drug Mart in southeast Calgary was open for business. Housed in an old Safeway store, the 20,000-square-foot establishment was as much a general store as it was a…
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During a special preview of Calgary’s newly opened Clear Nordic Spa, Albert Banahene pulls a rope and empties a bucket of freezing cold water on himself. “It’s refreshing, especially when you’re just coming out of the sauna,” said 27-year-old Banahene, who runs a social media agency. The spa, sandwiched between…
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During a special preview of Calgary’s newly opened Clear Nordic Spa, Albert Banahene pulls a rope and empties a bucket of freezing cold water on himself. “It’s refreshing, especially when you’re just coming out of the sauna,” said 27-year-old Banahene, who runs a social media agency. The spa, sandwiched between…
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Aaron Rodericks loves his job, even if it isn’t for the faint of heart. “I wouldn’t recommend my job to most people,” he said, laughing. “That would be the honest response.” As Bluesky Social’s head of trust and safety, it’s up to Rodericks to keep one of the fastest growing social…
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A global shortage of Swedish-made candy, all thanks to a viral TikTok video? Stranger things have happened. But that’s exactly what went down earlier this year, when TikTok influencer Marygrace Graves showed followers the sweets she’d scooped up from a weekly visit to BonBon, a Swedish candy shop in New…
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For the last two and a half years, Rejean Landry has been caught in a legal battle with Air Canada, seeking compensation after his family arrived at their final destination more than 24 hours late. In November, a judge in Ontario’s small claims court ruled in the Ottawa man’s favour, ordering Air Canada…
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Japanese automakers Honda and Nissan have announced plans to work toward a merger that would form the world’s third-largest automaker by sales, as the industry undergoes dramatic changes in its transition away from fossil fuels. The two companies said they had signed a memorandum of understanding on Monday and that…
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Canada In June, the CRTC said foreign streamers like Netflix and Disney Plus must contribute five per cent of their annual Canadian revenues to a fund devoted to producing Canadian content — a decision the companies are challenging in Federal Court. Global platforms challenging decision ordering them to pay 5%…
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The Canadian Transportation Agency, the quasi-judicial tribunal and regulator tasked with enforcing air passenger rights and compensation rules, has unveiled proposed amendments to the Air Passenger Protection Regulations. If the amendments are adopted, airlines would bear more responsibility for travel disruptions caused by “exceptional circumstances,” including a security threat, an unlawful…
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After successfully unionizing in May of 2024, workers at an Amazon facility in Laval, Que., are expecting a first offer from the company in January after six months of negotiations and demands for wage increases.
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Canada’s antitrust regulator said on Monday it was suing Rogers Communications Inc. for allegedly misleading consumers about offering unlimited data under some phone plans. The Competition Bureau, in a statement, said Rogers’ advertisements created a “false or misleading impression” that its phone plans provided consumers with limitless data. In reality,…
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The Canadian economy grew 0.3 per cent in October, Statistics Canada said in its monthly GDP release, helped by strength in the mining, quarrying, and oil and gas extraction sector, following a 0.2 per cent increase in September. The agency says the growth came as services-producing industries grew 0.1 per cent…
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The Canadian dollar dipped below $0.70 US on Tuesday, the first time it has done so since the onset of the COVID-19 pandemic in March 2020, according to Bloomberg data. The dollar’s move follows a chaotic start to the week in which Finance Minister Chrystia Freeland announced her resignation from…
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Canada plans to impose tariffs on a slew of Chinese products starting as early as next year, the government’s fiscal update says — part of the federal government’s wider investigation into imports from China. Prime Minister Justin Trudeau’s government has already slapped a 100 per cent tariff on all Chinese…
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For postal worker Tracey Langille, the end to a roughly one-month strike has been a “roller-coaster” of frustration. About 55,000 union members returned to work at Canada Post on Tuesday after the Canada Industrial Relations Board ordered an end to their roughly one-month strike. “I was in shock,” Langille said,…
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Tariffs are a hot topic these days. U.S. president-elect Donald Trump says he’s a “big believer in tariffs,” and has threatened a 25 per cent tariff on products from Canada and Mexico unless they curb the flow of drugs and migrants across the border. Trump says tariffs are a “a…
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Party City is reportedly closing all of its stores across the U.S. — but the party supplies chain’s Canadian stores will continue to operate. CNN first reported that Party City would shut down its businesses in the U.S. and that company CEO Barry Litwin informed employees the brand would be “winding…
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Japanese carmakers Honda and Nissan are reportedly considering a merger — a sign that major global manufacturers are joining forces to compete against their mighty Chinese competitors as the auto world goes electric. The two companies — which, if merged, would become the world’s third-largest auto manufacturer by sale units — could meet as soon as…
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Amazon.com workers at seven U.S. facilities walked off the job early on Thursday during the holiday shopping rush as workers protest what they say is the retailing giant’s unfair treatment of its employees. Warehouse workers in cities including New York, Atlanta and San Francisco were taking part in what Teamsters…
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The U.S. Supreme Court decided on Wednesday to hear a bid by TikTok and its China-based parent company ByteDance to block a law intended to force the sale of the short-video app by Jan. 19 or face a ban on national security grounds. The justices did not immediately act on…
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The U.S. Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year — but also signalled that it expects to reduce rates next year more slowly than previously thought, with inflation still well above the central bank’s two per cent target. The Fed’s 19 policymakers projected…
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Every year in late November, in the central square of Padua, Italy, a spectacular Christmas tree goes up. Heavy with baubles and bright with lights (and the neon-lit signs of that year’s corporate sponsors), it doesn’t just mark the official beginning of the Christmas season. At more than 20 metres…
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The Canada Mortgage and Housing Corp. says the pace of rent growth cooled significantly this year as Canada added its largest share of purpose-built rental supply in over three decades. Despite the slowdown in rent growth, the housing agency said affordability remained “strained.” It noted the increase in rental stock was driven by…
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Canada’s annual inflation rate ticked down to 1.9 per cent in November, with the slowdown in price growth mostly driven by lower mortgage interest costs and cheaper travel tours, Statistics Canada said on Tuesday. Inflation largely came down across the board. The price of groceries slowed 2.6 per cent compared to the same time…
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Monday’s media lockup for the Fall Economic Statement (FES) will go down in history as one of the weirdest events in Canadian political history. The doors to the policy briefing in Ottawa opened at 9 a.m. Chrystia Freeland resigned as finance minister seven minutes later, kicking off round after round…
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UPDATE: Finance Minister Chrystia Freeland announced Monday morning that she is resigning from Prime Minister Justin Trudeau’s cabinet. Read the latest about Freeland’s resignation here. The federal government unveils its long-awaited fall economic statement today — putting to rest weeks of speculation about a higher-than-projected deficit and the potential failure of other…
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With the federal government’s GST holiday kicking in Saturday, small retailers say they’re preparing as best as they can for what could be a period of shopping chaos. The tax break, announced on Nov. 21, applies to goods such as prepared foods and restaurant meals; children’s clothing; diapers; footwear; car seats and toys; jigsaw puzzles; video game hardware; print books…
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Donald Trump has put cryptocurrency front and centre in his path to the White House, driving the price of bitcoin to record highs and sparking fierce debate. The incoming U.S. president has even signalled potentially creating a strategic reserve of bitcoin. At the New York Stock Exchange this week, CNBC host Jim…
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Shoppers and businesses across Canada are expressing mixed feelings and showing little enthusiasm as a two-month break from the federal GST took effect on Saturday. Lori Parker, the owner of an independent toy store in Toronto, said the sales tax holiday could be good for business because it makes shopping…
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Labour Minister Steven MacKinnon is sending the labour dispute between Canada Post and the Canadian Union of Postal Workers (CUPW) to the Canada Industrial Relations Board. MacKinnon said Friday that if the board determines negotiations between the parties are at an impasse, it has been directed to order striking CUPW members back to work…
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An Ontario court has given The Body Shop Canada the approval it needs to sell the majority of its business to a private equity firm. During a virtual hearing on Friday, Justice Peter Osborne allowed the cosmetics retailer to proceed with a sale to an affiliate of Markham, Ont.-based Serruya…
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Four airline CEOs will face questions about carry-on baggage fees when they appear before of the House of Commons transport committee today. Earlier this month, Air Canada announced plans to eliminate complimentary carry-on luggage from its cheapest tickets on some flights. WestJet made a similar move earlier this year. Porter, Flair and…
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Suncor Energy Inc. is aiming to increase its oil output next year by up to five per cent as it continues to work to improve its performance and lower costs from its oilsands assets. In its corporate guidance for 2025, released Thursday, the Calgary-based energy giant said it plans to…
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This Saturday marks the beginning of the Liberal government’s two-month GST/HST holiday that it says will give Canadians a break on the cost of some essential goods. In order for an item to be sold tax-free between December 14, 2024 and February 15, 2025, it must be paid for in full and…
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Vancouver councillors passed a motion from Mayor Ken Sim on Wednesday that seeks to make the city “bitcoin-friendly,” giving staff the thumbs up to explore holding cryptocurrency in reserve and accepting payments in the virtual currency. Sim, who’s an investor in a cryptocurrency exchange, said he believes investing in bitcoin is the…
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A judge has approved a $2.6-million class-action settlement involving Dollarama. The lawsuit had argued that Dollarama didn’t properly display the full price of products that were subject to an eco fee. Those products include batteries, electronic toys and light bulbs. A Quebec Superior Court judge signed off on the settlement on Tuesday. …
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TikTok is challenging the federal government’s order to shut down its operations in Canada, claiming it will eliminate hundreds of jobs and could terminate a quarter of a million contracts it has with Canadian advertising clients. The company filed documents in Federal Court in Vancouver on Dec. 5 seeking to set aside…
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A proposed class-action lawsuit alleges more than a dozen landlords and property managers have conspired to artificially inflate rents across Canada. The suit claims landlords and property managers did it by using software called YieldStar. The move comes after the U.S. Department of Justice (DOJ) filed a similar lawsuit in…
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The union representing Canada Post workers says it met with the Crown corporation on Monday, the first time the two sides have convened since a federal mediator suspended negotiations nearly two weeks ago. The Canadian Union of Postal Workers (CUPW) shared its revisions to the latest proposal from Canada Post,…
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When Michel Laforge bought his Subaru Impreza in 2023, he was sold on the vehicle’s crash-prevention technology. But he’s come to doubt how safe it really is after his vehicle slammed the brakes for no apparent reason on five separate occasions. “I wouldn’t get another vehicle that had this,” said…
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Amid an influx of packages that would normally be sent through Canada Post, Purolator and UPS have paused shipments from some courier companies in order to catch up. Purolator told CBC News on Thursday that severe weather and a surge in package volumes prompted it to freeze service for some partners,…
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Canada’s unemployment rate jumped to 6.8 per cent last month as more people looked for work in a weak job market, shifting expectations toward a jumbo interest rate cut next week. Statistics Canada’s November labour force survey says the jobless rate last month reached the highest since January 2017, outside…
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At least eight U.S. telecom firms and dozens of countries have been impacted this week by what a top White House official called a Chinese hacking campaign that has also raised concerns about the security of text messaging. At a media briefing Wednesday, U.S. deputy national security adviser Anne Neuberger shared details…
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At least eight U.S. telecom firms and dozens of countries have been impacted this week by what a top White House official called a Chinese hacking campaign that has also raised concerns about the security of text messaging. At a media briefing Wednesday, U.S. Deputy National Security Adviser Anne Neuberger shared details…
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Cost of Living4:48People are turning the Canada Post strike into extra cash It started as a joke. Cameron Hurteau posted on social media, saying that with Canada Post workers on strike, he’d be willing to deliver people’s mail. Since then he’s delivered Christmas cards, a death notice, and even an inmate…
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An annual report on food prices in Canada is predicting more pressure on grocery costs in the coming year — but it also notes that some prices in 2024 were lower than predicted. The Food Price Report, released Thursday, is forecasting that Canadians will see the biggest price jumps next…
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Bitcoin has topped the $100,000 US mark for the first time, as a massive rally in the world’s most popular cryptocurrency sparked by the election of Donald Trump rolls on. The milestone comes just hours after the U.S. president-elect signalled a lighter regulatory approach to the crypto industry, when he…
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As the threat of tariffs looms over the Canadian economy, businesses, industry associations and policymakers are scrambling to find the right response. If Donald Trump follows through on his threatened tariffs, economists say Canada’s GDP would fall sharply, unemployment would rise, inflation would soar and the Bank of Canada would be…
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Norway’s sovereign wealth fund, the world’s largest, has sold all of its shares in Israel’s Bezeq, which provides telecommunications services to Israeli settlements in the occupied West Bank. The decision, announced late on Tuesday, comes after the fund’s ethics watchdog, the Council on Ethics, adopted a new, tougher interpretation of ethics…
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The poor performance of General Motors’ Chinese joint ventures is forcing the company to write down assets and take a restructuring charge totalling more than $5 billion USD in the fourth quarter of this year. The Detroit automaker said in a regulatory filing Wednesday that it will cut the value…
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Multinational food corporation Cargill said on Tuesday it plans to cut roughly five per cent of its staff, or about 8,000 jobs. In a statement provided to CBC News, Cargill said the company set a long-term strategy earlier this year to evolve and strengthen its portfolio, which has led to cutting its…
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A Delaware judge ruled on Monday that Tesla CEO Elon Musk still is not entitled to receive a $56 billion US compensation package despite shareholders of the electric vehicle company voting in June to reinstate it. The ruling by the judge, Chancellor Kathaleen McCormick of the Court of Chancery, follows…
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Phil Verster is out as CEO and president of Metrolinx, the province says. The province announced Verster’s resignation Monday. A memo sent to Metrolinx employees says Verster will be leaving the organization as soon as Dec. 16 to start a new role in the rail industry outside of Canada. The Ontario…
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Stellantis CEO Carlos Tavares is stepping down after nearly four years in the top spot of the automaker, which owns car brands like Jeep, Citroen and Ram, amid an ongoing struggle with slumping sales. The world’s fourth-largest carmaker announced that its board accepted Tavares’ resignation Sunday, effective immediately. Stellantis noted Sunday that the process of finding…
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There’s lately been a lot of talk in Washington about resurrecting the Keystone XL pipeline, the 1,897-kilometre pipeline that was designed to take oil from northern Alberta to the U.S. Midwest. The project was first proposed by Calgary-based TC Energy in 2008. It was scrapped under the Obama administration, then revived by Donald…
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More and more Canadian women are the breadwinners in their families — but there’s a catch. Women’s contributions to family income have increased over the last 30 years, coinciding with their growth in the labour market, notes a recent report from the Vanier Institute of the Family. And Statistics Canada data analyzed…
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The Canadian economy grew at an annualized rate of one per cent in the third quarter, boosted by higher household and government spending, Statistics Canada said on Friday. The rate was in line with economists’ expectations but below the Bank of Canada’s quarterly projection of 1.5 per cent. The growth was offset…
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Canada’s Competition Bureau launched a legal fight against Google on Thursday, saying the tech giant has used its power in online advertising to hurt competition and harm Canadian businesses. The bureau wants Google to sell off two of its advertising technology tools and pay penalties for what it calls anti-competitive…
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A group of Canadian news outlets — including CBC/Radio-Canada, Postmedia, Metroland, the Toronto Star, the Globe and Mail and the Canadian Press — has launched a joint lawsuit claiming copyright infringement against ChatGPT creator OpenAI. The lawsuit was filed in the Ontario Superior Court of Justice on Friday morning and is looking…
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The union representing Canada Post workers says the Crown corporation has been laying off striking employees as the labour action by more than 55,000 workers approaches the two-week mark. In a notice to members posted Monday, the Canadian Union of Postal Workers called the layoffs a “scare tactic” and said…
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Canada’s Competition Bureau is suing Alphabet’s Google over alleged anti-competitive conduct in online advertising, the antitrust watchdog said on Thursday. The Competition Bureau, in a statement, said it had filed an application with the Competition Tribunal seeking an order that, among other things, requires Google to sell two of its…
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Donald Trump is threatening steep tariffs on all goods entering the U.S. from Canada, Mexico and China. They’ll be in place until the countries stop the flow of migrants and drugs illegally entering the U.S., Trump said. Mexico and China have threatened to respond in kind. Businesses, economists and policymakers are trying…
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Hyundai is recalling 48,509 SUVs and small cars in Canada, plus an additional 226,000 in the U.S., because the rear-view camera image may not show up on the screens. The recall covers certain Santa Fe and Elantra vehicles from the 2021 and 2022 model years. There are no confirmed crashes or…
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Donald Trump’s threat of a 25 per cent tariff on imported goods would have a devastating impact on Canada’s economy. But some Canadian workers, industry leaders and economists aren’t convinced they’ll actually be implemented. In a social media post Trump made Monday evening, the proposed tariffs were framed as a warning to the U.S.’s primary…
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The Canadian dollar fell to its lowest level since May 2020 after Donald Trump threatened to impose tariffs on Canadian goods shipped to the United States once he takes office in January. The threat of tariffs added a further drag on the loonie, which has been moving lower against the…
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The cost of ground beef, steak and roasts has continued to rise this year, reaching historic levels on grocery store shelves. Retail beef prices fluctuate regularly, but have generally climbed throughout the last few years. The rising prices come on the eve of the busiest time for many grocers and…
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Donald Trump has levelled his most severe threat against Canada in years, warning that on his very first day on office he might impose punishing economic sanctions across North America. The U.S. president-elect threatened Monday evening to slap a 25 per cent import tariff on all products entering the country…
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In a northeast Calgary industrial park, nestled among storefronts selling flooring and grills, is the Gear Re-Store. Inside are boxes of surplus zippers in every colour of the rainbow, industrial washers and dryers and a team of technicians skillfully stuffing puffer jackets with down filling and repairing rips and tears. Each…
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Two Second Cup café locations at Montreal’s Jewish General Hospital have been shut down and the franchise owner’s contract terminated after the individual was filmed at a protest on Thursday making “hateful remarks and gestures,” according to the Canadian company. In a statement posted to its social media pages on Saturday…
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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…
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Opposition MPs are expressing concern that after buying up two major Canadian companies, the foreign owner of one of Canada’s biggest forestry businesses is now also formally taking over an Indonesian-Chinese pulp and paper conglomerate from his family — a company he has long denied operating in tandem with. A half-page…
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Canada Post says it lost $315 million before tax in the third quarter compared with a loss before tax of $290 million for the same time period a year earlier. The corporation says revenue growth in its direct marketing did not make up for a drop in its parcels results.…
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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.…
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The Canadian dollar has slipped to its lowest level in five years. Outside of the depths of the COVID pandemic, the loonie is weaker than it’s been since 2015. And experts say there’s every reason to think it will fall even more. “I wouldn’t be too shocked if we were to…