Stocks closed higher on Wall Street as calm returned to the market a day after its biggest pullback in almost two years. The S&P 500 rose one per cent Tuesday, breaking a brutal three-day losing streak. It had tumbled a bit more than six per cent after several weaker-than-expected reports raised worries the U.S.…

Elon Musk’s social media platform X has sued a group of advertisers, alleging that a “massive advertiser boycott” deprived the company of billions of dollars in revenue and violated antitrust laws. The company formerly known as Twitter filed the lawsuit on Tuesday in a federal court in Texas against the…

Wall Street fell the most in nearly two years, continuing a global rout in financial markets as fears worsen that the U.S. economy is slowing down. The S&P 500 fell three per cent on Monday. The Dow Jones industrial average dropped more than 1,000 points and the Nasdaq composite slid 3.4 per cent.…

Alphabet’s Google broke the law with monopolistic behaviour over online search and related advertising, a federal judge ruled on Monday, the first victory for U.S. antitrust authorities who have filed numerous lawsuits challenging Big Tech’s market dominance. The decision is a significant win for the U.S. Justice Department, which had…

Half of all airline passenger disputes resolved by Canada’s transport regulator over a recent nine-month period have resulted in wins for passengers.  According to CBC News analysis of newly available data, Canadian Transportation Agency (CTA) officers ordered airlines to compensate or refund passengers in 50 per cent of the 9,740 cases they…

The economy in Alberta looks good — from a distance — where record immigration has led to a jump in consumer spending, but when you shine a brighter light onto it, there are some problems a GDP fails to measure. “We didn’t have the famous two quarters of contraction that would…

A new report by Statistics Canada shows the country’s total number of short-term rental listings increased by more than 60 per cent between 2017 and 2023, while the number of short-term rental units that could be used as long-term housing grew by more than 80 per cent. The report identified more…

Intel was set to erase nearly $25 billion US in stock market value on Friday in potentially its worst sell-off since 2000, after it suspended its dividend and slashed its workforce to fund a costly turnaround for its chipmaking business. The company’s stock fell nearly 21 per cent in pre-market trading…

Enbridge Inc. has raised its earnings forecast for the year in light of the successful completion of two previously announced purchases of U.S. gas utilities. The Calgary-based energy infrastructure company said Friday it now expects adjusted earnings for 2024 of between $17.7 billion and $18.3 billion, up from a previous…

Stocks tumbled Friday on worries the U.S. economy could be cracking under the weight of high interest rates meant to whip inflation. The S&P 500 fell 1.8 per cent on Friday for its first back-to-back loss of at least one per cent since April. The Dow Jones industrial average lost 1.5 per…

A scaled-back version of the website for the Pathways Alliance, a consortium of Canada’s largest oilsands companies, is back online, weeks after content was pulled down in response to Bill C-59. Bill C-59, which includes amendments to the Competition Act, became law in June. The new rules require companies be able…

The 30-year amortized mortgages announced in the 2024 federal budget are kicking in on Thursday. First-time homebuyers who are purchasing newly built homes can now qualify for a 30-year mortgage, giving them five additional years to pay off an insured mortgage. For other mortgages where default insurance is required, a…

Canada’s privacy commissioner has launched an investigation into a cybersecurity breach at Ticketmaster after an attack by a hacker group compromised the personal information of millions of customers around the world.  “The investigation will allow us to understand why this cyber incident happened and what must be done to address this situation and prevent…

Canada’s Competition Bureau has launched a market study into the country’s domestic air passenger service, noting that fares remain pricier than they were before the COVID-19 pandemic. In the study’s terms of reference published earlier this week, the bureau says there are signs “domestic airfares in Canada may be relatively…

Bronwyn Chhay runs an ice cream cart every summer at a Calgary park. Yet she noticed in July that one of her most popular treats — Melona, a creamy Korean brand of frozen dessert bar — was proving increasingly difficult to track down. “We hadn’t been able to find them in weeks,” Chhay, the…

An expert who tracks Canada’s mainstream media industry says Postmedia’s pending purchase of Atlantic Canada’s largest newspaper chain is almost certain to result in job cuts and a reduction in local content. April Lindgren, a journalism professor with Toronto Metropolitan University, says Postmedia Network Inc. has also made a habit…

Cost of Living9:09Is it time to retire the seniors’ discount? Whether she’s attending a chamber performance or playing in one, cellist and teacher Laura Backstrom says one thing is pretty consistent — the audience “looks like a sea of white hair,” she says. In contemplating why that is, Backstrom, 60, said she initially…

The Office of the Privacy Commissioner of Canada has opened an investigation into allegations that some Loblaw customers have been unable to delete their PC Optimum accounts. The office has received several such complaints, spokesperson Vito Pilieci said in an email to CBC News on Tuesday. He said the office can’t comment further…

The Bank of Canada cut its key interest rate to 4.5 per cent on Wednesday, with governor Tiff Macklem saying during a news conference that it would be reasonable to expect further rate cuts if inflation continues to ease. The cut was widely expected by economists after inflation eased in June.…

Business More than 97 per cent of Windows sensors are back online, CrowdStrike’s CEO George Kurtz said on Thursday, nearly a week after a software update by the cybersecurity firm triggered a global outage. Microsoft said about 8.5 million Windows devices were affected by outage Thomson Reuters · Posted: Jul 26,…

Walmart Canada said on Thursday it invested $53 million to increase hourly wages for about 40,000 of its store associates earlier this month. The move comes at a time when Walmart has been increasing investments over the last few months for its U.S. store workers to retain more employees. The…

Postmedia has entered an agreement to purchase SaltWire, Atlantic Canada’s largest newspaper chain, according to a news release issued Friday. SaltWire has been under creditor protection since March. It publishes more than 20 papers in Atlantic Canada, including The Chronicle Herald in Halifax, The Guardian in Charlottetown, and The Telegram in St.…

Scotiabank customers who were expecting to be paid on Friday are reporting on social media that their paycheques haven’t been deposited, and that the bank hasn’t made clear when the money will hit their accounts. Downdetector, an online outage tracker, shows that users began reporting problems with Scotiabank mobile banking, online…

During the company’s second quarter earnings call on Thursday morning, Loblaw executives fielded questions from analysts about the grocery giant’s soft food retail sales — and whether a boycott organized online had impacted the company’s profits at all. Some Canadians have been boycotting Loblaw since May, after the moderators of an online Reddit…

Loblaw Cos. Ltd. and its parent company George Weston Ltd. say they have agreed to pay $500 million to settle a class-action lawsuit regarding their involvement in a bread price-fixing scheme. The class-action case was brought against a group of companies that includes Loblaw and the Weston companies, Metro, Walmart Canada,…

Quebec is extending its partnership with Airbus Canada until 2035, the two jointly investing $1.65 billion to keep manufacturing its narrowbody A220 planes in the province. The French aerospace giant holds 75 per cent of Airbus Canada’s shares while Quebec holds the other 25 per cent. Airbus is set to…

More restaurants in Canada are turning to halal certified meat on their menus to make sure items such as chicken are religiously compliant for some observant Muslims. But the move isn’t just about faith — there’s a larger business opportunity at stake as companies try to access what’s been estimated as a $3.3 trillion…

Around 3.3 million steam cleaners are being recalled across North America because of a burn hazard that has resulted in consumers reporting more than 150 injuries. According to the U.S. Consumer Product Safety Commission and Health Canada, select models of Bissell-branded Steam Shot hand-held steam cleaners can spew hot water…

Efforts to deal with a global tech outage that caused chaos for travellers, hospitals and banks are underway, but it may not be the end of your computer woes: Phishing schemes trying to reel in businesses and individuals are now coming to light. Security specialists are warning to be aware of malicious actors purporting to be…

Canadians weren’t spared the headaches of cancelled flights, delayed medical appointments and other problems caused by a failed cybersecurity software upgrade that caused a host of cascading issues around the globe on Friday. According to an alert sent by the global cybersecurity firm CrowdStrike to its clients and reviewed by Reuters,…

Stellantis is telling the owners of more than 24,000 plug-in hybrid minivans to park them outdoors away from buildings, and to stop charging them due to the possibility of battery fires. The company said Thursday that it’s recalling certain 2017 through 2021 Chrysler Pacifica plug-in hybrids, mainly in North America. Some…

A global tech outage was disrupting operations in multiple industries on Friday, with airlines halting flights, some broadcasters off-air and everything from banking to health care hit by system problems. According to an alert sent by global cybersecurity firm Crowdstrike to its clients and reviewed by Reuters, the company’s Falcon…

Canada’s grocery code of conduct cleared a major hurdle this week with news that all major grocery retailers will sign on.  The code has been years in the making, coming after a period of tense relations between retailers and suppliers.  A major point of contention has been fees that retailers have charged…

The growth of AI in the last few years has demonstrated two things. One, that the technology is capable of producing a range of slick if highly suspect images and video. And two, that a whole lot of people are convinced it will soon suffuse every aspect of modern life.…

When Ashley Hickey’s seven-year-old son Alex was diagnosed with celiac disease last month, she knew she had to revamp the entire family’s diet to become a gluten-free household. Celiac is a genetic autoimmune disease that causes people to get sick when they consume wheat, rye or barley. Having celiac herself,…

The nearly two-decade-long oil pipeline saga surrounding the failed Keystone XL pipeline is nearing an end, as Calgary-based TC Energy has lost its bid to recoup $15 billion US from the U.S. government. The decision also raises doubts about whether the Alberta government will recover any of its losses as an investor…

Canada’s annual inflation rate fell to 2.7 per cent in June — down from 2.9 per cent in May — mostly due to slower increases in gasoline prices, Statistics Canada said on Tuesday.  Compared to June of last year, gasoline prices rose an average of 0.4 per cent in June. That’s down from a…

As revenue slumps from a “challenging advertising environment,” Canadian media company Corus Entertainment — which houses brands like Global News and YTV — is “aggressively” cutting costs, continuing layoffs and shutting down parts of its business. In the company’s third-quarter earnings call on Monday, co-chief executive officer John Gossling said that by the end of…

The European Union said Friday that blue checkmarks from Elon Musk’s X are deceptive and that the online platform falls short on transparency and accountability requirements, the first charges against a tech company since the bloc’s new social media regulations took effect. The European Commission outlined the preliminary findings from…

Cost of Living5:08Trade you a breadmaker for banana bread? When Samantha Fanning was expecting her second child, the room that would become the baby’s nursery needed a major glow-up. But as a professional photographer and at the time a single mother, Fanning didn’t have room in her schedule — or the painting…

Consumers who have fallen victim to corporate data breaches should stay vigilant about monitoring their personal accounts and financial information, but may not need to completely cancel or close affected accounts, according to a lawyer and data breach expert practising in Canada. The advice comes in the wake of major…

The data of nearly all customers of the U.S. telecommunications giant AT&T was downloaded to a third-party platform in a security breach, the company said Friday, as cyberattacks against businesses, schools and health systems continue to spread globally.  The breach, most of which took place over five months in 2022,…

Cost of Living7:36The return of car deals Over the last three years, new and used vehicle supply in Canada dried up — and so did the deals on car sales. But industry experts say the drought is over and Canadians can expect a better buying experience this summer and fall. “Supply…

A collective agreement between WestJet and its mechanics has been ratified, just weeks after a two-day strike forced large-scale flight cancellations and cost the airline millions of dollars. The new contract will see airplane mechanics receive a 15.5 per cent wage hike in year one, a 3.25 per cent hike…

Real estate activity across Canada perked up a bit in June 2024 compared to the month before, although the latest numbers from the Canadian Real Estate Association also show a drop in sales compared to June 2023. According to the latest numbers from CREA, home sales activity as registered in…

German carmaker BMW is recalling 394,000 vehicles in the United States and 44,131 vehicles in Canada due to faulty airbag inflators that could potentially cause serious or fatal injuries. The recall was reported by the U.S. National Highway Traffic Safety Administration (NHTSA) on Wednesday, and updated on Transport Canada’s website on Thursday. An airbag inflator…

Aircraft landing gear maker Héroux-Devtek Inc. says it has signed a deal to be acquired by U.S. private equity firm Platinum Equity Advisors LLC in a deal valued at $1.35 billion. Under the agreement, Platinum Equity will pay $32.50 in cash per share for the company.  Based in Longueuil, Que.,…

The average asking rent in Canada reached $2,185 in June, up seven per cent compared with a year ago despite representing the slowest annual rate of growth in 13 months, according to a report by Urbanation and Rentals.ca. The slowed pace of price growth is a sign that supply and…

The Hudson’s Bay store at Winnipeg’s CF Polo Park shopping mall is among several Bay stores across Canada that have temporarily closed due to what the retailer says is a heat wave-induced strain on heating, ventilation and air conditioning systems. The Polo Park Bay store was closed on Tuesday. A sign…

The Canadian Food Inspection Agency (CFIA) has recalled a selection of plant-based drinks after discovering they could be contaminated with listeria.   Stores across Canada are being told not to sell, serve or distribute the following 15 products from the Silk and Great Value brands, and anyone who has them in their fridge should not consume…

The Alberta government kicked off a flurry of activity three years ago when it began awarding the rights to underground caverns for storing carbon emissions. The gold rush was underway as companies announced dozens of projects and competed to stake their claim for those rights. The wave of new projects…

Ticketmaster is notifying customers about a “data security incident” that may have leaked their personal information. The ticket-selling company wrote in an email to customers Monday that it recently discovered an “unauthorized third party” obtained information from a cloud database hosted by a third-party company between April 2 and May 18. …

Entertainment giant Paramount will merge with production company Skydance, closing out a decades-long run by the Redstone family in Hollywood and injecting desperately needed cash into a legacy studio that has struggled to adapt to a shifting entertainment landscape. It also signals the rise of a new power player, David Ellison,…

The Canada Industrial Relations Board (CIRB) says a strike vote taken by a union representing ship and dock foremen is illegal. The B.C. Maritime Employers Association (BCMEA) said Friday that Local 514 of the International Longshore and Warehouse Union (ILWU) had served a notice of intended strike action against DP World Canada that…

Cost of Living5:15Zero dollar tip revenge When Alessandro Montelli was asked to tip when paying for a bottle of water at a local coffee shop, he knew something had to change with tipping culture. The Torontonian and recent university graduate had just finished a run and wanted to rehydrate. The…

More than 9,000 Ontario liquor store employees are on strike after bargaining talks broke down between their union and the LCBO. Leaders of the Ontario Public Service Employees Union (OPSEU), which represents the workers, blamed the strike on Premier Doug Ford. The strike deadline set by the union was 12:01…

The Canadian telecommunications industry wants stiffer penalties for copper wire thieves, who they say are repeatedly causing outages that can leave thousands of customers without service when they cut the wire off utility poles to sell for scrap metal.  The number of incidents grew by about 200 per cent annually from 2021 to…

The 2022 Rogers outage that left 12 million people without wireless and hard-wired services was caused by human error and made worse by management and system “deficiencies,” says an independent review conducted for Canada’s telecommunications regulator. The review report also says steps taken by Rogers since the outage are “satisfactory to…

The Canadian economy was virtually unchanged in June, shedding 1,400 jobs, while unemployment rose 0.2 percentage points to 6.4 per cent, Statistics Canada said on Friday. Employment fell for young men between the ages of 15 and 24, with 13,000 jobs lost, while increasing for women aged 25 to 54 by…

Canadian retailer Hudson’s Bay Co. will buy luxury department store rival Neiman Marcus for $2.65 billion US, the company said Thursday. The deal was announced after months of speculation that HBC would buy the chain, whose website lists 36 U.S. locations selling designer apparel, accessories and housewares. HBC plans to group Neiman Marcus with…

Anna Smith would like to start a family. But she would also like more space for a baby, as the 27-year-old and her partner currently live in a 500-square-foot apartment in Toronto’s east end for $1,550 per month. Like many Canadians in their 20s and 30s, she says she’s realizing she can’t have both. …

A strike action taken by 1,359 Bombardier aircraft assembly workers is continuing after the Unifor union members voted to reject a tentative agreement Tuesday. The strike began at midnight on June 23 after Bombardier and Unifor Local 112 and 673 union members failed to reach an agreement during the bargaining process. In…

Last year, the Canadian Transportation Agency (CTA) ordered Sunwing Airlines to pay Mick Anslow and his wife $800 for a flight delay from Cancun, Mexico, to Regina in 2020. The victory was short-lived. In May, the Federal Court of Appeal ruled that Sunwing can take the couple to court to challenge…

It’s been two days since WestJet’s mechanics ended their strike, but passengers are still grappling with cancelled flights and frustration. “We were starting to wonder, ‘Are these re-bookings even real?'” Laura Stewart told CBC News Tuesday after WestJet rebooked and re-cancelled several of her flights over the long weekend.  “We were in the dark, really.” WestJet had…

The surprise WestJet mechanics’ strike has ended, but passengers are still facing cancellations and confusion this long Canada Day holiday weekend. The Calgary-based airline said Monday the impact of the strike, which began ahead of the July 1 holiday, will continue in the coming days, meaning more cancellations before it can…

As the federal government moves to restrict the number of temporary workers in the country, a relatively new program to bring refugees to Canada on a permanent basis is beginning to catch on with employers. The Economic Mobility Pathways Pilot (EMPP) is a federal program aimed, in part, at easing…

Sitting in a bright, plant-filled coffee shop in the town of Písac, Peru — natural light filtering in from a skylight above — Grayson Allen explains that he’s always wanted to work abroad. The 30-year-old content creator from Vancouver is a self-described digital nomad, a term for people who perform their jobs…

Shell Canada has announced it will forge ahead with a pair of carbon capture projects in Alberta, after recent setbacks for other proposed projects in the sector have cast doubt on the technology. The Calgary-based operator said Wednesday it has made a final investment decision for its Polaris carbon capture…

A strike by WestJet mechanics has been averted after federal Labour Minister Seamus O’Regan directed the Canada Industrial Relations Board (CIRB) to impose final binding arbitration to resolve the outstanding issues of the collective agreement between the airline and the Aircraft Mechanics Fraternal Association (AMFA). In a statement Thursday, O’Regan said he is “using his authorities under…

Union members at CN and CPKC railways have voted to reauthorize strikes at both companies if negotiated settlements can’t be reached. Teamsters Canada said in a statement Saturday that union members at both railways voted almost 99 per cent in favour of reauthorized strike action. The union said members previously…

The U.S. Supreme Court on Thursday rejected a nationwide settlement with OxyContin maker Purdue Pharma that would have shielded members of the Sackler family who own the company from civil lawsuits over the toll of opioids but also would have provided billions of dollars to combat the opioid epidemic. After…

WestJet mechanics have gone on strike one day after Labour Minister Seamus O’Regan directed the Canada Industrial Relations Board (CIRB) to impose final binding arbitration to resolve the outstanding issues of the collective agreement between the airline and the Aircraft Mechanics Fraternal Association (AMFA). In a statement Friday, AMFA said WestJet mechanics…

Canada’s economy grew 0.3 per cent in April, helped by strength in several industries, including wholesale trade, oil and gas extraction and manufacturing, Statistics Canada said. The data matched expectations as analysts polled by Reuters had forecast 0.3 per cent GDP growth in the month, after zero growth in March. Statistics Canada says the…

Bell Media has cut an additional 43 technician jobs as part of the restructuring it announced in February, the company confirmed to CBC News on Thursday. The announcement comes after the company said it would move its local broadcaster CP24 from its Queen Street headquarters to its Scarborough, Ont., campus this…

Living with your parents. Living with your ex. Giving up basic needs like food and clothing. These are just some of the sacrifices Canadians say they’ve been making to pay rent amid the surging prices and decreased availability marking Canada’s rental housing crisis. Demand for rentals is outpacing supply across the country. A recent CBC News analysis of more…

Canadian billionaire Frank Stronach has been charged with additional criminal offences, including sexual assault, Peel Regional Police said Wednesday. “Investigators from the Peel Regional Police, Special Victims Unit, have identified additional victims and additional charges have been laid,” Peel Const. Tyler Bell-Morena told CBC News in an emailed statement. Bell-Morena said…

WestJet says it faces a possible strike by its mechanics starting as early as Friday. The airline says the Aircraft Mechanics Fraternal Association has issued a strike notice that could mean a work stoppage as early as 5:30 p.m. MT on Friday. The notice comes after the union called off its…

Car dealerships in North America continue to wrestle with major disruptions that started last week with cyberattacks on a software company used widely in the auto retail sales sector. CDK Global, a company that provides software for thousands of auto dealers in Canada and the U.S., was hit by back-to-back…

Canada’s annual inflation rate edged up to 2.9 per cent in May from 2.7 per cent the previous month, Statistics Canada said on Tuesday. The increase was largely due to higher prices for services, some of them typical of the season. Cellular services, rent, travel tours and air transportation saw faster…

Whenever you pass through the cash register at a grocery store, the price of everything in your shopping cart — from discounted chicken to strawberries on promotion — is collected by the retailer and sent to Statistics Canada. That’s just one of several ways the data agency tracks the spending reflected in its consumer…

For the first time, Alberta’s oil and gas industry has exceeded the province’s own regulatory limit for natural gas flaring. A tally by The Canadian Press of Alberta Energy Regulator data shows oil and gas companies in the province flared approximately 754 million cubic metres of natural gas last year,…

More than 1,000 Bombardier aircraft assembly workers went on strike as of Sunday after their union failed to reach an agreement with the company. A Sunday release from Unifor said 1,350 employees stopped work at the company’s aircraft manufacturing facility, based at Toronto Pearson International Airport in Mississauga, after the…

Conservative MP Lianne Rood has put forward a private member’s bill that would ensure flight attendants are paid for their pre- and post-flight duties. Flight attendants have been advocating for changes to the labour code because they don’t start getting paid until their plane is in motion — and their…

U.S. lawmakers pressed Boeing’s chief executive Tuesday about the company’s latest plan to fix its manufacturing problems, and relatives of people who died in two crashes of Boeing 737 Max jetliners were in the room to remind him of what was at stake.  CEO David Calhoun appeared before the Senate investigations…

Much to the frustration of travellers, airline fees once included in base fares are continuing to crop up as à la carte costs. Andrew Chang breaks down how the ‘unbundling’ of fees, such as WestJet’s $25 charge for booking economy tickets by phone, has changed the airline industry — and…

WestJet mechanics say they are poised to walk off the job early as Thursday night after serving the airline with a 72-hour strike notice. The Aircraft Mechanics Fraternal Association, which represents some 670 aircraft maintenance engineers and other skilled-trade positions at the carrier, says it made the decision after WestJet…

The union representing WestJet mechanics has rescinded a strike notice and will resume talks with the airline. Some 670 WestJet plane mechanics, represented by the Aircraft Mechanics Fraternal Association (AMFA), were set to walk off the job as early as Thursday evening after serving the airline with a strike notice earlier this week…

A cyber outage at retail technology and software provider CDK entered its second consecutive day on Thursday, impacting automobile dealers in Canada and the U.S., the affected companies said on Thursday. CDK briefly shut down all its systems on Wednesday, saying it was investigating a second breach that happened in the evening. CBC…

For months, the Bank of Canada has been trying to thread a needle: slow the economy just enough to get inflation back under control but not so much that it causes a recession. In a report released this week, the central bank offered up plenty of evidence that its strategy is working. Inflation…

Thousands of WestJet customers are scrambling after the airline cancelled more than 30 flights ahead of a possible strike by its plane mechanics this Thursday. In an update Wednesday afternoon, the airline said about 6,500 travellers were booked on the cancelled trips, scheduled for Wednesday and Thursday. WestJet said the…

Toronto An Ontario court has approved a sales process and stalking horse bid for Red Lobster Canada, which is operating under court protection from creditors. Court filings say move meant to ‘preserve’ restaurant’s business in Canada and 2,000 workers’ jobs The Canadian Press · Posted: Jun 18, 2024 5:24 PM…

Looking for a three-bedroom rental? Get in line. Amanda Laflair has been on a waiting list for one she says she could afford for four years. “I work full time … and between bills and groceries and everything else, I’ll never be able to afford full market rent,” Laflair, a 36-year-old personal support worker who lives…

A Quebec judge has dismissed a $2.5-million class action settlement on behalf of Dollarama customers who purchased products subject to an eco fee. The proposed settlement was reached on Feb. 21 and was subject to court approval. The judge dismissed the settlement on April 17, according to a website dedicated to the class action. Law firm…

This week, X, formerly known as Twitter, made likes private — meaning people can no longer see which users have liked posts. It’s a move the company says is aimed at improving privacy, however, experts say the change will harm the public’s ability to hold the powerful to account.  Public likes on the social media…

The chief executives from Canada’s five biggest banks faced hard questions from MPs on Thursday over their climate commitments and plans to help spur transition to renewable energy. Representatives from RBC, CIBC, TD Bank Group, BMO Financial Group and Scotiabank appeared Thursday before the standing committee on environment and sustainable…

If you fancy a burger and crinkle-cut fries, U.S. fast-casual joint Shake Shack is dipping a toe into the Canadian market — but its success could depend on customers willing to fork out higher prices. The chain is starting with a lone Toronto location, which opens Thursday, with plans to expand across Canada…

Laval police say they arrested three suspects Wednesday in connection to a massive data breach at Desjardins Group made public in 2019. Imad Jbara, 33, and Ayoub Kourdal, 36, were charged with fraud, trafficking in identity information and identity theft. The third suspect has yet to appear in court. An arrest warrant…

Chiquita Brands International must pay $38.3 million US in damages to the families of eight Colombian men killed by a paramilitary group in that country, a Florida jury said on Monday. In 2007, Chiquita was ordered by a U.S. court to pay a $25-million fine to settle criminal charges that it…

On Monday, Apple revealed a suite of highly anticipated AI features — including ChatGPT — that it will soon integrate into its devices. But not everyone was thrilled at the news. While some observers were excited at the prospect of, for example, drawing math equations on an iPad that could then be solved…

The National Health Service in England is urging people with universal blood types to donate after a ransomware attack disrupted hospitals’ ability to match patients — underlining how cyberattacks can have serious and potentially life-threatening impacts. On June 3, hackers targeted pathology services provider Synnovis with ransomware. Ransomware attacks encrypt a company’s…

Drake has seemingly bet big on the Edmonton Oilers to win the Stanley Cup Finals. A recent post on his Instagram account outlines a $500,000 US bet in favour of the Canadian team hoping to bring the Cup north of the border for the first time in 30-plus years. “Oilers are…

China’s electric vehicle industry is poised to dominate the globe, and that has governments in Europe and North America, including Canada, grappling with how to meet ambitious targets for reaching 100 per cent zero-emission vehicle sales through domestic manufacturing. “In the last five years or so, China emerged as an…

The Canadian economy added a flat 27,000 jobs in May, while unemployment inched up slightly to 6.2 per cent, Statistics Canada said Friday. Economists were expecting an average of 30,000 jobs to be added. Part-time employment was up by 62,000 positions and full-time employment declined, with a loss of 36,000 jobs. BMO chief…

Google named the organization it has selected to distribute the $100 million the tech giant has promised to Canadian news companies Friday. Google agreed to pay Canadian news publishers $100 million annually, indexed to inflation, in order to be exempt from the Online News Act, which compels tech companies to…

Standing between the racks at a Simons store in Mississauga, Ont., Luke Gillet was on a mission to buy his dream wedding suit.  “They have a crazy colour that I want to wear,” Gillet explained. “There’s a pink suit here that I was really hoping to find and it matches my…

It’s a new stage for Quebec comedy and Quebec City-based entertainment firm ComediHa! A Quebec Superior Court judge approved an agreement Monday that will see the company obtain numerous assets from Just For Laughs, which sought creditor protection in March. Under the terms of the agreement, ComediHa! will not acquire the company in its entirety,…

Bank of Canada governor Tiff Macklem says the central bank has to rebuild trust with Canadian households. After the last two years of interest rate hikes and messaging missteps, that’s not going to be an easy job. The central bank cut rates this week for the first time since March…

The Bank of Canada has lowered its key interest rate to 4.75 per cent, marking the bank’s first rate cut since March 2020. Bank governor Tiff Macklem said in opening remarks that the bank’s monetary policy no longer needs to be as restrictive. “We’ve come a long way in the fight against inflation. And our…

Online streaming services operating in Canada will be required to contribute five per cent of their Canadian revenues to support the domestic broadcasting system, the country’s telecoms regulator said on Tuesday. The money will be used to boost funding for local and Indigenous broadcasting, officials from the Canadian Radio-television and Telecommunications Commission (CRTC) said…

WestJet announced that it has introduced an ultra low-cost fare — and if you like carry-ons, seat choice and earning points, there’s a catch. The UltraBasic fare will replace the airline’s basic fare option, and it comes with “some restrictions,” according to an email that was sent to WestJet members. Carry-on bags aren’t permitted…

Close to four years after they filed a complaint with the Canadian Transportation Agency (CTA), Andrew and Anna Dyczkowski finally got a resolution — in their favour. In November 2023, a CTA officer determined their 24-hour flight delay from Vancouver to Costa Rica in 2020 was Air Canada’s fault. The airline was…

A former TD Bank employee falsified documents to open dozens of accounts and provided concierge-like services to help cash flow across borders, Bloomberg News reported on Monday. Gerry Aquino Vargas, the now-former retail banker in a Hollywood, Fla., outpost of TD Bank, took a series of $200 US bribes to help…

From broken seatbelts to faulty airbags and dysfunctional pedals, it sometimes seems like there’s a story about a major vehicle recall every other day.  On Wednesday, Nissan sent out a “do not drive” warning to owners of its 2002-2006 Nissan Sentra, its 2002-2004 Nissan Pathfinder and its 2002-2003 Infiniti QX4 models,…

Cost of Living5:50Why is gas always more expensive in the summer? As summer approaches, Canadian drivers have likely already experienced the all-too-familiar rise in prices at gas station pumps. A boosted demand for gasoline by people on road trips affects prices, as did the latest increase in the federal carbon tax in most provinces and…

Live Nation Entertainment said on Friday it was investigating a data breach at its Ticketmaster unit that it discovered on May 20, the latest in a string of high-profile corporate hacks in the past year. In a filing with the U.S. Securities and Exchange Commission, Live Nation said it found…

Pilots at WestJet’s regional carrier could be going on strike at the beginning of June. The Air Line Pilots Association said Wednesday afternoon that WestJet Encore pilots have issued a 72-hour strike notice to management and the government. The union said some progress has been made after two weeks of…

Spending by Canadian households helped the economy grow at an annualized rate of 1.7 per cent in the first three months of the year, Statistics Canada said Friday. Economists say that expansion was less than expected, as estimates had called for a better than two per cent increase, but weaker growth than forecast…

The Bank of Montreal says online banking services are restored for customers after a technical problem overnight. BMO says it experienced an overnight service disruption due to a false fire alarm at one of its data centres. “Our services have returned online although some customers may experience delays in transactions being…

A U.S. bankruptcy judge on Thursday approved WeWork’s Chapter 11 bankruptcy plan, allowing the shared office space provider to eliminate $4 billion in debt and hand the company’s equity over to a group of lenders and real estate technology company Yardi Systems. Flexible workspace provider WeWork expanded at breakneck speed,…

When WestJet’s CEO openly criticized the federal government recently for hiking air travel fees, it wasn’t that unusual. Airline and airport executives have long grumbled about all the fees charged to passengers when they buy a ticket. It’s no secret that air travel in Canada is expensive compared to the rest…

Mortgage debt grew at its slowest pace in 23 years in February, amid high borrowing costs and reservations related to the Bank of Canada’s key interest rate — but the slowdown likely won’t last, according to Canada’s housing agency. Canadian mortgage debt totalled $2.16 trillion that month, up 3.4 per cent from the same period…

From fake images of war to celebrity hoaxes, artificial intelligence technology has spawned new forms of reality-warping misinformation online. New analysis co-authored by Google researchers shows just how quickly the problem has grown. The research, co-authored by researchers from Google, Duke University and several fact-checking and media organizations, was published in…

Indigo Books & Music Inc. shareholders have voted to approve a deal that will see the retailer become a private company. Shareholders voted Monday in favour of a $2.50 per share offer from Trilogy Retail Holdings Inc. and Trilogy Investments L.P., which already held a 56 per cent stake in…

The federal Competition Bureau says it’s going to look the domestic air travel industry in Canada, and it’s looking for input from Canadians as it prepares to study the market in the coming months. The agency, which is tasked with enforcing competition law in Canada, said in a press release listing…

Cost of Living76:40:00The Great Exhaustion For years, Sabrina Royal worked with one of Canada’s big banks. She worked her way up from an entry-level job to a management position. But that’s when her hours started getting out of hand. “When it was good, I was working 8 a.m. to about…

Amid the feud between Drake and his Los Angeles-based rival Kendrick Lamar, online sleuths uncovered details about the former’s businesses and other holdings that started a buzz on social media. Over the course of April and May the two prolific rap artists, widely considered two of the best of their…

Canadians are hopeful that a U.S. lawsuit against concert promoter Live Nation will provide some relief to cash-strapped fans and musicians.  The U.S. Justice Department (DOJ) and a group of 30 states and the District of Columbia on Thursday sued to break up Live Nation, arguing the big concert promoter and its…

Ontario is introducing sales of beer, wine and ready-made cocktails into corner stores and additional supermarkets 16 months ahead of schedule, a move that will see the province pay up to $225 million to The Beer Store. Retailers, including convenience stores and gas stations, will be able to start selling the…

Lynx Air hopes to sell off everything from life-jackets to oxygen masks as it tries to recoup a portion of the losses it incurred before filing for creditor protection earlier this year. In court filings last week, the defunct discount carrier said it has worked out deals with a pair…

Canada’s Competition Bureau has launched investigations into the parent companies of grocery chains Loblaws and Sobeys for alleged anti-competitive conduct, court documents reveal, with Sobeys’ owner calling the inquiry “unlawful.” The Federal Court documents show the commissioner of competition launched the probes on March 1, saying there’s reason to believe the…

Days after Red Lobster filed for Chapter 11 bankruptcy and announced that it would close dozens of its seafood restaurants, the chain’s Canadian counterpart will ask a Canadian court to enforce the U.S. bankruptcy in Canada, CBC News has learned. An application will be brought before the Ontario Superior Court…

Retailer London Drugs says cybercriminals who stole files from its corporate head office last month have released some of the data after it refused to pay a ransom. The company says the files may contain employee information, calling it a “deeply distressing” situation. The statement from the company says it…

Ahead of Canada’s plan to move the Trans Mountain pipeline to Indigenous ownership, the federal government is changing how it manages the pipeline, according to a notice published Wednesday on the federal government’s official newspaper, Canada Gazette. The Canada Development Investment Corporation and Trans Mountain Corporation will no longer need authorization from…

Canada’s banking regulator says real estate secured lending and mortgages are among the top risks the country’s financial system is facing, as higher interest rates pressure borrowers. In its annual risk outlook, the Office of the Superintendent of Financial Institutions )OSFI) said as homeowners renew their mortgages, they could potentially face…

Boeing, a giant in the aircraft manufacturing business, is investing $240 million as part of a partnership with the Quebec government to create an aerospace innovation zone in the Montreal area. The total investments for the project are worth $415 million. The Quebec government is contributing $85 million. Premier François Legault and Economy Minister Pierre Fitzgibbon unveiled the…

WestJet is pushing back its planned integration of Sunwing Airlines, which the Calgary-based carrier acquired last year. In an email, WestJet said it will weave the discount airline’s fleet into its own by April 27, 2025, six months after the integration date initially set for this October. Rick Jones, WestJet’s…

OpenAI says it plans to halt the use of one of its ChatGPT voices after some users said it sounded like Scarlett Johansson, who famously voiced a fictional, and at the time futuristic, AI assistant in the 2013 film Her. In a post on the social media platform X Monday,…

Starting with locally grown corn, Samuel Gaudette transforms grain into alcohol, then adds ingredients such as juniper berries, Labrador tea and common prickly ash to produce agave sprite and gin at his boutique distillery in Quebec’s Eastern Townships. Gaudette, one of the founders of Comont distillery, based in Bedford, Que., sells ready-to-drink cocktails…

Dr. Ryan Redgrave isn’t a dying breed, but his kind aren’t as common as they once were.  You see, Redgrave is an independent vet.  “It’s a busy job in and of itself,” he said, “and the running of a small business is challenging.” Redgrave owns Weste Animal Hospital in Lawrencetown,…

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. Would you sign a gag order to get compensation from your bank? Guanghu Cui of Oakville, Ont., refused to sign a non-disclosure agreement to get financial compensation…

Taking a trip to Europe to see Taylor Swift perform may not seem like an intuitive financial decision — but tickets to a concert in Canada are so expensive some fans are finding that’s a better deal. Bryan Kingston couldn’t believe it when he snagged floor seats to an upcoming show…

Susan Dennison recently had an unsettling experience at her local grocery store, a Loblaw-owned Fortinos in Burlington, Ont. Just as she was leaving, the wheels on her shopping cart locked up — making it immobile.  She said a store employee rushed over and demanded to see her receipt.  “I felt like…

Quebec wants to boost transparency around gas prices. The province will force gas stations to report their prices to the government, and it’s going to publish them online.  Pierre Fitzgibbon, Quebec’s economy minister, made the announcement on Thursday as he revealed a government-commissioned study that recommended making some changes to how…

Canada’s industry minister says Ottawa is “considering all measures” after the U.S. announced it would be hiking tariffs on Chinese electric vehicles and other related goods. François-Philippe Champagne wouldn’t rule out Canada imposing similar tariffs during an interview with CBC News Network’s Power & Politics on Friday. “It’s fair to say…

Taking a trip to Europe to see Taylor Swift perform may not seem like an intuitive financial decision — but tickets to a concert in Canada are so expensive some fans are finding that’s a better deal. Bryan Kingston couldn’t believe it when he snagged floor seats to an upcoming show…

Loblaw Companies Ltd. said Thursday it’s ready to sign on to the grocery code of conduct, paving the way for an agreement that’s been years in the making. After six months of negotiations, Loblaw president and CEO Per Bank said the retailer is now ready to sign as long as other…

Shoppers may find themselves doing a double take in the olive oil section of their local grocery stores these days, as industry analysts say prices have reached a record high. Prices for extra virgin olive oil in stores across Canada have increased an average 25.6 per cent since January alone, ranging from $13.99 to $24.99 per…

The annual rate of housing starts in Canada fell slightly by one per cent compared with March 2024, while the number of residential home sales dropped in the same period of time, according to separate sets of numbers released today by the Canada Mortgage and Housing Corporation (CMHC) and the Canadian…

Tech giant Google has announced upgrades to its artificial intelligence technologies, just a day after rival OpenAI announced similar changes to its offerings, with both companies trying to dominate the quickly emerging market where human beings can ask questions of computer systems — and get answers in the style of a…

The U.S. plans to slap new tariffs on Chinese electric vehicles, advanced batteries, solar cells, steel, aluminum and medical equipment — an election-year move that’s likely to increase friction between the world’s two largest economies. The tariffs are unlikely to have much of an inflationary impact because of how they’re…

Clothing retailers Ted Baker, Brooks Brothers and Lucky Brand have started store-closing clearance sales, Ted Baker Canada announced Friday after the company began insolvency hearings late last month. The three banners, which are owned by the New York-based Authentic Brands Group (ABG), represent 25 stores in Canada.  Matthew Butler, a spokesperson…

The man at the centre of the pandemic meme stock craze appeared online for the first time in three years, sending the prices of three quirky and volatile shares sharply higher Monday. Keith Gill, better known as “Roaring Kitty,” posted an image Sunday on the social media platform X, formerly…

FTX says that nearly all of its customers will get back the money they are owed — and some will get more than that — nearly two years after the cryptocurrency exchange imploded. FTX said in a court filing late Tuesday that it owes about $11.2 billion US to its creditors. The exchange estimates…

Ravindra Kumar finds great pleasure in sharing a glass of whisky with his friends at his bar when they visit his home in Brampton, Ont. He has a fondness for all types of whisky, including those from his homeland of India.  However, he’s frustrated by the limited availability of Indian…

Two days after Ashley Thomassen gave birth to her first baby, she and her husband checked into a Toronto hotel.  Not just any hotel.  For the next two weeks, they had 24/7 help acclimating to life as new parents. When they needed help breastfeeding, a staffer appeared in minutes. When…

Prominent business groups are backtracking on their claim that one in five Canadians would be affected by the federal government’s proposed changes to capital gains taxation. In a letter sent to Finance Minister Chrystia Freeland today, the Canadian Chamber of Commerce and other groups said the government’s assertion that only…

With Swoop folded into WestJet and Lynx folded altogether, Edmonton-based Flair Airlines has emerged as the only ultra-low cost carrier left standing in Canada.  Is CEO Stephen Jones nervous? “Not at all, we’re going to have a great summer,” said Jones, speaking to CBC News on the sidelines of the…

The Canadian economy gained 90,000 jobs in April, much higher than the average of 20,000 jobs many economists were predicting for the latest Labour Force Survey numbers from Statistics Canada. The federal agency pinned the increases in employment on part-time work, with more than 50,000 more of those types of positions.…

Canada’s recruitment of international students has tilted strongly toward filling spots in business programs, while doing little to meet the demand for workers in health care and the skilled trades, according to a CBC News analysis of federal data. CBC obtained figures from Immigration, Refugees and Citizenship Canada (IRCC) showing…

From its pop-art iPod commercials to its celebrity-led Mac vs. PC campaign, Apple hasn’t had many marketing missteps to its name. But a controversial ad for the company’s latest iPad model has critics railing against the tech giant for what they say is a slight against artists and the creative community —…

Russian President Vladimir Putin was sworn in for his fifth term in office this week, even as his country is beset by sanctions, bogged down in a years long war in Ukraine and cut off from capital markets. But Putin has found a series of workarounds that have helped bolster…

Canadian e-commerce platform Shopify forecast its slowest quarterly revenue growth in two years against the backdrop of an uncertain economy and tepid consumer spending, sending its shares slumping about 20 per cent, on Wednesday. Its shares on the Toronto Stock Exchange hit their lowest in six months and the company was on…

The U.S. Federal Aviation Administration said Monday it has opened an investigation into Boeing after the beleaguered company reported that workers at a South Carolina plant falsified inspection records on certain 787 Dreamliner planes. Boeing said its engineers have determined that misconduct did not create “an immediate safety of flight…

TikTok and its Chinese parent company, ByteDance, are suing the U.S. over a law that would ban the popular video-sharing app unless it’s sold to another company, arguing that it relies on vaguely painting it as a threat to national security to get around the First Amendment. The widely expected lawsuit filed…

Canada’s Competition Bureau has opened a formal investigation into Lululemon’s environmental claims in its marketing campaigns, a spokesperson for the agency told CBC News on Monday. Marianne Blondin confirmed in an email that the Competition Bureau “has commenced an investigation under the Competition Act into the alleged deceptive marketing practices.” “There is no conclusion of wrongdoing at this time,” she…

Hundreds of Nestle workers are off the job Monday after rejecting a tentative agreement the union reached with the chocolate maker. Unifor issued a statement saying its 461 members who work as machine operators, bar packers, shippers and receivers, general labourers and in the skilled trades at the Toronto Nestle plant…

For years, cable TV has bled viewers and subscribers to streaming giants like Netflix, Apple and Amazon. Now, those same companies are vying to stream live sports, one of the last lines of defence when it comes to audiences paying big bucks for traditional cable packages. AppleTV+ has a 10 year, multibillion-dollar deal to stream MLS…

After riding a red-hot economy to shrink deficits and grow surpluses, provincial governments across the country are beginning to see their finances flounder. Each province has released their budget for the upcoming year and collectively are facing higher spending and record-size debt. Alberta and New Brunswick are the only provinces…

Location. Costs. Time and convenience. There are many reasons that people aren’t participating in the Loblaw boycott, a movement fuelled by customers fed up with high prices at the grocery retailer. The boycott was started by a Reddit group with about 70,000 members called “Loblaws is out of control.” It calls for shoppers to avoid the retailer’s Loblaws…

WestJet has issued a 72-hour lockout notice to the union representing the Calgary-based airline’s mechanics. The notice paves the way for a work stoppage to begin on Tuesday. Last week, the Aircraft Mechanics Fraternal Association (AMFA), which represents the carrier’s aircraft maintenance engineers, announced that members would begin taking a…

Canada Post said Friday its financial situation is so grim it could run out of operating funds in less than a year, after the Crown corporation posted another whopping pre-tax loss of $748 million in 2023. In its annual report released late Friday afternoon, the company predicts “larger, unsustainable losses…

TD Bank Group could be hit with more severe penalties than previously expected, according to a banking analyst, after a report that the investigation it faces in the U.S. is tied to laundering illicit fentanyl profits. National Bank of Canada analyst Gabriel Dechaine said in a note that the worst-case scenario of…

With some Canadians struggling to afford groceries, and as frustrations with corporate profits boil over and manifest as boycotts, the federal government says it’s trying to coax international grocers to set up shop in Canada. During a Tuesday media conference, Industry Minister François-Philippe Champagne told reporters that he continues “to look at whether…

London Drugs says its phone lines are working again, days after being taken offline in response to a cybersecurity incident.  A statement from the Richmond, B.C.-based pharmacy and retail chain also says Canada Post offices inside its stores are up and running again. The company closed all of its stores across Western…

Harrison Amit is leading a small startup with a big idea. “The vision for the company is helping over 10 million drivers,” said the 28-year-old CEO of Hovr (pronounced Hover).  The Toronto-based ride-hailing company launches today, and will service the city and surrounding suburbs. Amit’s goal is to make the…

Loblaw Companies reported $13.58 billion in first-quarter revenue — a 4.5 per cent increase from a year earlier — on Wednesday morning, the same day that a group of frustrated shoppers said they would begin a month-long boycott of the grocery retailer. The company’s quarterly profit was $459 million, marking a 9.8 per cent increase.…

The Canadian economy grew a modest 0.2 per cent in February, with early estimates for March indicating little change to the GDP, Statistics Canada said on Tuesday. The February figures were a tick lower than analysts expected. The economy had a strong January, growing 0.5 per cent (downwardly revised from 0.6 per cent). That was…

All London Drugs stores remained closed across Western Canada on Tuesday morning, two days after the B.C.-based company announced it was dealing with a “cybersecurity incident.” A statement issued by the company at 7:20 a.m. PT Tuesday said its stores “will remain temporarily closed … until further notice while continuing to provide…

As the urban centre at the heart of Canada’s oilsands industry, Fort McMurray has seen more than its share of ups and downs. A decade and a half ago, the northern Alberta community was this country’s most famous boom town. High oil prices helped to drive unprecedented demand for the…

Immigration Minister Marc Miller says international students will be able to work off-campus for up to 24 hours per week starting in September. The Liberals temporarily waived the 20-hour cap on work hours for international students during the COVID-19 pandemic in a bid to ease labour shortages. That waiver expires…

Enormous investments in EV technology shook the automotive industry in both Canada and the U.S. this week. Honda promised to spend $15 billion in Ontario on Thursday morning. Toyota unveiled new investments in Indiana that afternoon, bringing its total spending on EVs in that state to $8 billion US. “In Canada,…

Canada’s biofuel industry is welcoming a proposed multi-billion dollar package of financial support from the federal government, although concerns remain about whether it will be enough to compete with lucrative subsidies south of the border and reverse the growing dependence on U.S. imports to meet clean fuel regulations. The federal government…

The federal government has begun imposing financial sanctions on Canada Life after months of outcry from public servants, retirees and their families who were left fighting for medical claims to be covered. Public Services and Procurement Canada (PSPC) said it “is taking steps to address startup delays faced by Canada Life and has…

The owners of Ted Baker’s Canadian operations have filed for creditor protection in a bid to help the retailer get enough “breathing room” to decide whether to liquidate and wind down the business or pursue other unspecified alternatives. In court filings Wednesday, lawyers for the ownership group — OSL Fashion…

Nearly nine million Canadians lived in food insecure households in 2022, with 22.9 per cent of the population reporting some form of food insecurity, according to a Statistics Canada report released Friday. The data agency wrote in its annual Canadian Income Survey that 8.7 million people lived in households that reported…

TikTok is gearing up for a legal fight against a U.S. law that would force the social media platform to break ties with its China-based parent company, a move almost certainly backed by Chinese authorities as the bitter U.S.-China rivalry threatens the future of a wildly popular way for young…

Japanese automaker Honda will make a $15-billion electric vehicle investment in Ontario to build four new manufacturing plants in the province, Prime Minister Justin Trudeau and Ontario Premier Doug Ford announced Thursday. According to a government statement released to media in advance of the announcement, the deal will result in…

Downtown Toronto is a long way from most communities where the federal government’s Indigenous loan guarantee program will be put into action, but it’s where the buzz about the new $5-billion program could be heard this week. “I’m excited,” said Robert Michell, Chief of the Stellat’en First Nation in central B.C., “it…

A new study documenting the scourge of plastic waste around the world has found that more than half of branded plastic pollution can be traced back to just 56 companies. More than 20 per cent of all branded pollution is linked to four brands: The Coca-Cola Company (11 per cent),…

The RCMP says a former SNC-Lavalin executive has been sentenced to three-and-a-half years in prison in connection with a bribery scheme for a bridge repair contract in Montreal. Police say Normand Morin, once a high-ranking vice-president at the engineering firm, received the sentence Tuesday after his conviction for corruption and…

Tesla’s first-quarter net income plummeted 55 per cent, but its stock price surged in after-hours trading Tuesday as the company said it would accelerate the production of new, more affordable vehicles. The Austin-based company said it made $1.13 billion US from January through March compared with $2.51 billion US in the…

Elon Musk lashed out at Australia’s prime minister on Tuesday after a court ordered his social media company X to take down footage of an alleged terrorist attack in Sydney, and said the ruling meant any country could control “the entire internet.” At a hearing overnight, Australia’s Federal Court ordered…

British Columbia Seamus O’Regan says workers and businesses need “long-term solutions” and the inquiry commission will present its findings next spring.  Seamus O’Regan says workers and businesses need ‘long-term solutions’ to disputes CBC News · Posted: Apr 22, 2024 6:57 PM EDT | Last Updated: 8 hours ago Striking port…

A Quebec-based union says it has filed an application to represent hundreds of Amazon workers at a warehouse in the province. The Confédération des syndicats nationaux (CSN) says the application it made with the Administrative Labour Tribunal is to represent 200 employees at Amazon’s DXT4 warehouse in Laval. The union,…

In her budget speech to the House of Commons on Tuesday, Finance Minister Chrystia Freeland took a moment to celebrate the finishing touch on expansion of the Trans Mountain oil pipeline. The controversial project has been plagued by delays and massive cost overruns, but Freeland instead focused on its completion, highlighting the:…

The federal government’s budget proposal to increase the inclusion rate for the capital gains tax for people whose profits go past a certain threshold has drawn mixed reactions from experts, entrepreneurs and taxpayers. One asset affected by these changes is real estate, including cottages and investment homes. The change proposed…

Federal budget references to mortgage products aimed at Canadian Muslims have members of the community celebrating, along with the mortgage providers that look to serve them, despite a lack of detail from the government on what is to come. In Tuesday’s budget documents, the federal government indicated that it’s “exploring new measures…

Tesla is recalling 3,878 Cybertrucks to fix an accelerator pedal pad that could come loose and get lodged in the interior trim, the U.S. National Highway Traffic Safety Administration (NHTSA) said on Friday. A trapped accelerator pedal could cause the vehicle to accelerate unintentionally, increasing the risk of a crash,…

Canadian banks that refuse to identify the carbon rebate by name when doing direct deposits are forcing the government to change the law to make them do it, says Environment Minister Steven Guilbeault. Tuesday’s federal budget promised to amend the Financial Administration Act to ensure that government payments accepted for deposit…