A once-sealed affidavit filed with the Tax Court of Canada and obtained by The Fifth Estate details how alleged scammers tricked the Canada Revenue Agency and made off with $37 million of taxpayers’ money. In the document, a litigation officer with the Canada Revenue Agency alleges that Toronto-area company Gold…

Google said on Thursday it has terminated 28 employees after some staff participated in protests against the company’s cloud contract with the Israeli government. The Alphabet unit said a small number of protesting employees entered and disrupted work at a few unspecified office locations. “Physically impeding other employees’ work and preventing…

A technical error by Tim Hortons led coffee drinkers across Canada to falsely believe they had won a $55,000 boat as part of the franchise’s Roll Up To Win promotion. It’s unclear how many people were impacted, but the chain told CBC Hamilton in an email it was an “unfortunate error” and…

Heading into this week’s federal budget, one question loomed large: would new spending fuel inflation and make it harder for the Bank of Canada to start cutting interest rates? The budget lays out plans to spend nearly half a trillion dollars in taxpayer money. The new spending in the document…

The federal government tabled its annual budget on Tuesday with a promise to open the door to homeownership for millennial and Gen Z renters. You’ll have to read the fine print to find measures for young renters who can’t buy a home — or just don’t want to. In her…

Canada’s inflation rate went up slightly in March compared to February, with Statistics Canada pointing out gasoline prices are partly behind the increase. The federal agency’s consumer price index for March 2024 saw a 2.9 per cent increase compared to the year before. In February, that measure was at 2.8 per cent,…

General Motors will move its Detroit headquarters to a new downtown office building next year and work to redevelop its iconic home along the Detroit River, company and city officials confirmed Monday. The announcement was made at the site of the old Hudson’s department store, which is being developed into a tower…

Tesla will lay off more than 10 per cent of its global workforce, an internal memo seen by Reuters on Monday shows, as it grapples with falling sales and an intensifying price war for electric vehicles. In a sign of further instability at the EV maker, Tesla’s senior vice-president Drew Baglino,…

Elizabeth Bernas and her husband had planned to use the proceeds from their home sale to renovate their new house in Ajax, Ont., to pay for their children’s university tuition and to go on a family vacation. But before they could, they say someone accessed their Bank of Montreal account without…

Like a lot of Canadians, Alan Hong and his wife bought a trailer in 2020. Air travel was out of the question because of pandemic restrictions, and it made sense to spend time and money exploring the great outdoors.  But now, they’re looking to get off life on the open…

As members of Parliament accuse Bell Canada of corporate greed, the head of the company is defending its decision to cut thousands of jobs, citing a shift in Canadians’ viewing habits away from traditional TV. Liberals, Conservatives and New Democrats grilled CEO Mirko Bibic during often combative exchanges at a…

Although Loblaw has now reinstated its popular 50 per cent discounts on perishable food, some customers say they still feel shortchanged.  That’s because more than 100 Real Canadian Superstores owned by Loblaw continue to discount all food nearing its best-before date by only 30 per cent. “I was disappointed,” said Kim Siever…

Day 69:34A small business owner resists Momofuku’s bid to trademark Chili Crunch Celebrity chef David Chang says he will no longer enforce the trademark for his chili crunch condiment.  The reversal comes after days of criticism, as some said his company, Momofuku, had attempted to bully business owners from selling…

The housing market could soon get “interesting,” economists say, as home prices and sales start to edge up, according to a pair of new reports released Friday. In its latest quarterly Home Price Update and Market Forecast, Royal LePage is forecasting that the aggregate price of a home in Canada will increase nine…

The B.C. Labour Relations Board will consider certifying unions at two Amazon warehouses in a hearing Tuesday. Unifor, Canada’s largest private sector union, began a card-signing drive last summer citing labour laws favourable to unions in the province. If certified, Unifor says, this would be the first successful unionization effort for Amazon workplaces in Canada.…

Elizabeth Bernas and her husband had planned to use the proceeds from their home sale to renovate their new house in Ajax, Ont., to pay for their children’s university tuition and to go on a family vacation. But before they could, they say someone accessed their Bank of Montreal account without…

The Biden administration has weighed in for the first time on a major cross-border legal dispute that could shut down portions of Enbridge’s Line 5 Canada-U.S. oil pipeline. The opinion came in an amicus brief that, although nuanced, argued against shutting down the pipeline, partly in order to preserve diplomatic relations with Canada.…

The U.S. Federal Aviation Administration (FAA) is investigating a Boeing whistleblower’s claims that the company dismissed safety and quality concerns in the production of the planemaker’s 787 and 777 jets, an agency spokesperson said on Tuesday. Boeing engineer Sam Salehpour’s allegations stem from work on the company’s 787 and 777…

Tesla has settled a lawsuit over a 2018 car crash that killed an Apple engineer after his Model X, operating on Autopilot, swerved off a highway near San Francisco, court documents showed on Monday. The settlement was made on the eve of the trial over the high-profile accident involving Tesla’s…

The Grand Slam of Curling, the tour elite series featuring the best men’s and women’s teams from across Canada and around the world, has been purchased by a new sports business venture group. The Curling Group, led by chief executive officer Nic Sulsky, has purchased ownership and operations of the…

RBC has terminated chief financial officer Nadine Ahn following an investigation into a personal relationship she allegedly had with another employee. In a statement released Friday evening, RBC says it recently became aware of allegations involving Ahn and launched an internal review, while also consulting external legal counsel to investigate.…

An engine cover on a Southwest Airlines Boeing 737-800 fell off on Sunday during takeoff in Denver and struck the wing flap, prompting the Federal Aviation Administration (FAA) to open an investigation. No one was injured and Southwest Flight 3695 returned safely to Denver International Airport around 8:15 a.m. MT…

Canada’s largest bank has reversed course on a policy to disclose how much it invests in green energy versus fossil fuel energy following demands from New York City’s large public pension funds, with environmental groups welcoming the move but pointing out it doesn’t actually reduce carbon emissions yet. The Royal Bank of…

Procter & Gamble (P&G) is recalling more than 8 million bags of Tide, Gain, Ace and Ariel laundry detergent packets sold in the U.S. and Canada due to a defect in the products’ child-resistant packaging. According to Friday notices from both P&G and product-safety regulators in the U.S. and Canada,…

Nearly a year after graduating from Carleton University with a degree in engineering physics, Surya Nareshan is still struggling to find employment. Nareshan, who lives in Ottawa, has applied for dozens of positions since May — mostly in software engineering and optics. While he’s made it through multiple rounds of interviews, including elaborate proficiency…

Ford Motor Co. is delaying the start of electric vehicle production at its plant in Oakville, Ont., by two years. The U.S. automaker had planned to start production at the Canadian plant, which employs 2,700 workers, in 2025 and is pushing that back to 2027. Ford announced plans last year…

Disney’s streaming service will start cracking down on password-sharing in June, chief executive Bob Iger said on Thursday, as the entertainment conglomerate looks to boost subscriber growth and profitability at the business. Iger also said there was a need for some consolidation in the streaming industry and Disney was eventually…

Lightspeed Commerce is cutting about 280 jobs, less than two months after its founder returned to the helm of the Montreal-based technology company. After integrating the company’s many acquisitions, “Lightspeed is now entering a new phase, one focused on profitable growth to capture the opportunity in front of us,” said founder…

Indigo Books & Music Inc. has agreed to be taken private after agreeing to a sweetened offer from a holding company connected to its largest shareholder. The retailer says its agreement will see Trilogy Retail Holdings Inc. and Trilogy Investments L.P. pay $2.50 per share in cash for the stake…

WestJet Encore pilots could go on strike as soon as April 17 after they approved a strike mandate Tuesday, increasing the prospect of headwinds after a bumpy year for the airline’s owner. Aviators at WestJet’s regional carrier voted 97 per cent in favour of strike authorization after contract talks around…

A federal proposal to include rental payments in calculating credit scores might help some Canadians move into home ownership, but it could have consequences on renters who are already struggling with rising costs. One measure of the proposed Canadian Renters’ Bill of Rights, announced last week by Prime Minister Justin…

When the recall notice came in the mail, Michele Ashenden and her husband Vittorio Pulcini knew it was serious. The words “Urgent Vehicle Recall” in red letters were sprawled at the top, along with a warning that a defective fuel pump on their truck could lead to sudden loss of…

The Bank of Canada says business and consumer sentiment improved during the first quarter of the year, despite higher interest rates still putting a drag on the economy. The central bank on Monday released its business outlook and consumer expectations surveys, which showed increased optimism as people expect interest rate…

One of the latest volleys in the multibillion-dollar fast food wars started with a late night on Karan Suri’s TikTok. A&W’s director of menu development was scrolling his phone when he came across the “pickle girl” trend that was making the rounds last year, with women (and one very loud and adorable three-year-old)…

Several Quebec Tim Hortons franchisees are taking the brand’s owner to court, blaming what they describe as unreasonable constraints in the company’s licensing agreements for lower-than-expected profits. In a lawsuit filed in Quebec Superior Court on Thursday, 16 companies with Tim Hortons franchise licences allege the TDL Group Corp.’s contracts…

B.C.’s director of civil forfeiture has filed an unexplained wealth order in an attempt to seize a quarter-million dollars in cash, 45 gold bars, luxury watches and jewelry that were contained in a safety deposit box belonging to the co-founder of a notorious B.C.-based cryptocurrency exchange scam. Documents filed in B.C. Supreme Court say…

The cost of selling a home in the United States may be about to change dramatically. A real estate trade group has agreed to a landmark deal to drop what was once a cornerstone of the industry: the six per cent sales commission paid to agents. In Canada, two lawsuits filed…

If chocolate is your pleasure, you’ve undoubtedly noticed it costs more these days to get your fill. You can thank the scarcity of cocoa for that. The majority of it grows in West Africa, where drought and disease have severely reduced crop yields. As a result, the cost of cocoa…

Four major Ontario school boards are taking some of the largest social media companies to court over their products, alleging the way they’re designed has negatively rewired the way children think, behave and learn and disrupted the way schools operate. The public district school boards of Toronto, Peel and Ottawa-Carleton, along with Toronto’s…

Former crypto mogul Sam Bankman-Fried was sentenced Thursday to 25 years in prison for his role in the 2022 collapse of FTX, which once was one of the world’s most popular platforms for trading digital currency. Bankman-Fried, 32, was convicted on seven charges in November related to fraud and conspiracy.…

The Canadian economy grew 0.6 per cent in January, the fastest growth rate in a year, while the economy likely expanded 0.4 per cent in February, Statistics Canada said Thursday. The rate was higher than forecasted by economists, who were expecting GDP growth of 0.4 per cent in the month. December GDP was…

Allies of Gov. Ron DeSantis and Disney reached a settlement agreement Wednesday in a state court fight over how Walt Disney World is developed in the future following the takeover of the theme park resort’s government by the Florida governor. In a meeting, the DeSantis-appointed members of the board of…

The Facebook poke is having a moment, thanks to a new generation discovering what some argue is the social media site’s most annoying feature. There’s been a 13-fold spike in poking on Facebook in the past month, the company announced in a post last week. More than half the pokes…

A senior Bank of Canada official says the need to improve productivity has reached an emergency level as the economy faces a future where inflation may be more of a threat than in the past few decades. In a speech, senior deputy governor Carolyn Rogers says an economy with low…

Toronto Former Toronto mayor John Tory is set to rejoin the board of directors at Rogers Communications Inc. Tory listed among 14 proposed management nominees for company’s annual meeting The Canadian Press · Posted: Mar 25, 2024 11:46 AM EDT | Last Updated: March 25 Tory’s return to the Rogers…

Discount retailer Giant Tiger says contact information for some of its customers was compromised in an “incident” linked to a third-party vendor it uses. Alison Scarlett, a spokesperson for the Ottawa-based discount retailer, said it would not name the vendor on Monday but said Giant Tiger uses the company to manage its…

Boeing CEO Dave Calhoun will step down from the embattled plane-maker at the end of the year as part of a broader management shuffle, capping a tumultuous five-plus years that have shaken faith in one of the U.S.’s most-storied manufacturers. In a letter to employees announcing his departure, Calhoun wrote that the company…

For anyone who has flown with United Airlines over the last year or so, you’ve likely seen the in-flight video promoting the company’s first Chief Trash Officer — Oscar the Grouch. It’s all part of a marketing campaign to promote the airline’s ambitions to use more sustainable aviation fuel (SAF)…

Stellantis has recalled more than 10,000 Dodge and Chrysler sedans in Canada due to defective airbags. The company says an estimated 10,285 Dodge Charger and Chrysler 300 sedans between 2018 and 2021 have been recalled to replace their side airbag inflator, which can explode with too much force and hurl…

After Benjamin Vassalle hit a deer during a nighttime drive in northern Ontario in January, he and his partner knew that repairing their damaged electric vehicle would come at a cost. Yet when their insurance company sent the car to an independent garage, the vehicle stayed there untouched for weeks — because…

Is there a good way to lay off a remote worker?  Four years after remote work became the norm for a huge section of the labour force, it appears some companies are still struggling with the etiquette of letting someone go virtually. And amid a gradually cooling labour market and mass layoffs in several sectors,…

The Bank of Canada expects it will be able to begin cutting interest rates sometime this year, but officials are split on timing. That’s according to the central bank’s summary of deliberations detailing the discussions governing council members had in the lead-up to the March 6 interest rate announcement. The…

The head of the world’s largest energy company on Monday urged the world to accept the “hard realities” that oil and natural gas will be around for a long time to come and consumption of both sources of energy is likely to grow for at least the next decade or two.…

Several automakers are pulling back on plans to expand the amount of electric vehicles they produce in response to slowing sales that aren’t expected to hit previous forecasts. At the same time, more models are coming to market and overall sales continue to grow year after year. That’s why there’s a…

Canadian clothing maker Gildan Activewear said on Tuesday that its board has decided to put the company up for sale following a review by a special committee. The embattled Montreal-based company says it received a non-binding expression of interest from a potential purchaser that it did not name. It mandated investment banks RBC Capital…

Canada’s annual inflation rate cooled to 2.8 per cent in February, helped by slower growth in the cost of cellular services, groceries and internet access services, Statistics Canada said Tuesday. Economists had largely expected the rate to rise to 3.1 per cent and undo some of the year’s early progress. Rent and mortgage interest…

The chief executives of Canada’s three largest telecom companies stressed that phone and internet prices are coming down during an appearance before MPs on Monday, noting that increased data usage and high spectrum costs may be some reasons Canadians feel otherwise. The three CEOs — Rogers Communications Inc.’s Tony Staffieri,…

February home sales dipped 3.1 per cent while home prices stayed flat from the previous month, according to the Canadian Real Estate Association (CREA). Home sales jumped 19.7 per cent from a year ago, according to CREA. The increase in part reflected weakness last year, as the result for February 2023 was one…

Cost of Living8:32Why don’t cars have purse holders? Women represent 50 per cent of the drivers on the road and are said to decide the majority of vehicle purchases.  Yet when they get behind the wheel there is nowhere to put a purse.  “The male-dominated designers haven’t made it a…

In Frontier, Sask., a town of fewer than 400 people, the Honey Bee Manufacturing plant looms large at 120,000 square feet. The business, which makes headers and swathers, has grown from a two-man family operation to a manufacturer that employs roughly 200 people and ships agricultural attachments all over the…

The federal Liberals say they ordered a national security review of popular video app TikTok in September 2023 but did not disclose it publicly. “This is still an ongoing case. We can’t comment further because of the confidentiality provisions of the Investment Canada Act,” a spokesperson for Industry Minister Francois-Philippe Champagne said…

Michelle Jeraline says she’s so stressed out by the pressure to sell customers products at TD Bank, it’s affected her health.  The TD employee says she’s usually not acting in the best interest of her clients — she’s trying to sell them products that will help her meet sales targets…

The pace of new home construction climbed 14 per cent in February compared to the previous month, Canada Mortgage and Housing Corp. said on Friday, but the industry continues to struggle under cost pressures. The national housing agency says the seasonally adjusted annual rate of new home construction — also known…

McDonald’s said on Friday a technology outage had disrupted operations at many of its outlets worldwide, including in Japan, the United Kingdom and Australia, but ruled out the possibility of a cybersecurity incident. Many McDonald’s stores in Japan stopped taking in-person and mobile customer orders because of the system disruption,…

Airline executives are frustrated with Boeing as its safety crisis has upended their business plans. But in a tight market for large aircraft supplied by two companies, they have little choice but do business with the U.S. plane maker. Despite some public displays of alarm — United Airlines CEO Scott…

When Reddit goes public later this month, it will be the first major tech company — let alone social media platform — to do so in years. The popular discussion forum site is aiming for a target valuation of up to $6.4 billion US when it launches its initial public offering (IPO) on the New York Stock Exchange,…

The U.S. Congress has moved a big step closer to a crackdown on a popular platform that could have far-reaching implications for social media in the country. It involves a bill with major implications for the fast-growing site TikTok, renowned for addictive videos and used by hundreds of millions around…

In an attempt to combat theft at its stores, Loblaw is testing receipt scanners at four of its locations, the grocery giant told CBC News.  Customers who go through self-checkout must use the device to scan their receipt’s barcode — confirming that they paid something — which opens a metal gate, letting…

U.S. consumer prices increased solidly in February amid higher costs for gasoline and shelter, suggesting some stickiness in inflation that could delay an anticipated June interest rate cut from the Federal Reserve. The consumer price index (CPI) rose 0.4 per cent last month after climbing 0.3 per cent in January, the Labour…

With Boeing facing multiple government investigations, the company needs to make “a serious transformation” around its safety and manufacturing quality, U.S. Transportation Secretary Pete Buttigieg said Monday. The comments came one day after Buttigieg said the aircraft builder is under “enormous” scrutiny by his department since a panel blew off…

Airbnb said Monday that it’s banning the use of indoor security cameras in listings on its site around the world by the end of next month. The San Francisco-based online rental platform said it is seeking to “simplify” its security-camera policy while prioritizing privacy. “These changes were made in consultation…

Women are a minority in Canadian boardrooms and the “glacial” pace of progress means it could take decades to reach gender parity, according to a report released this week by the Canadian Chamber of Commerce. “Our daughters, our granddaughters, would not see a world where they are ultimately equitable … and…

The Montreal company that operates the Just for Laughs comedy festival has cancelled the 2024 edition of the event after filing a notice of intention to make a proposal to creditors — a formal process under Canada’s Bankruptcy and Insolvency Act.  Seventy-five people were laid off Tuesday morning, according to a…

Meta Platforms said it resolved issues with Facebook and Instagram on Tuesday afternoon following a global outage that hit the sister social media platforms, affecting hundreds of thousands of users. The disruptions started at about 10 a.m. ET, with many users saying on rival social media platform X, formerly Twitter, that they had been booted out of Facebook and Instagram and were…

Flair Airlines chief executive Stephen Jones says he still hopes to add several Lynx Air planes to his fleet, even after their tentative merger fell through when Lynx shut down last month. In a phone interview, Jones said the Boeing 737 Max 8s are the same model that comprise the…

If you’ve been working from home or saving up to buy your first property, here are some changes you should know.

The Canadian economy added 41,000 jobs in February, fuelled by strong population growth that continues to outpace employment gains. The federal agency’s labour force survey released Friday says the unemployment rate rose to 5.8 per cent, offsetting the decline recorded in January. Job gains were spread across several industries in the…

The Bank of Canada has held its key interest rate at five per cent again, saying that it’s still too soon to consider rate cuts while underlying inflation persists. Economists were widely expecting the central bank to hold the rate. The bank said in a note on its website that it was still…

Today, the Canada Infrastructure Bank (CIB) and the First Nations Bank of Canada (FNBC) announced the signing of a $100-million deal to help Indigenous communities borrow money to build infrastructure. For decades, Indigenous leaders and business experts have said limited access to affordable loans with flexible terms have held back important…

The Bank of Canada is trying to thread a needle. It’s keeping rates higher for longer at least in part because it’s worried a rate cut now could undermine the last two years of pain and progress. “We don’t want to keep monetary policy this restrictive for longer than we…

A former software engineer at Google has been charged with stealing artificial intelligence technology from the company while secretly working with two companies based in China, the U.S. Justice Department said Wednesday. Linwei Ding, a Chinese national, was arrested in Newark, Calif., on four counts of federal trade secret theft,…

Consumers in Ontario and British Columbia increasingly missed payments on mortgages and credit cards in the fourth quarter of 2023, Equifax Canada said. The fourth quarter saw a continuation of what’s been happening for a while now as the impacts of higher interest rates and inflation continue to weigh on…

Politics Canada’s financial intelligence agency says it has been hit by a cyberattack. Agency takes corporate systems offline to protect data The Canadian Press · Posted: Mar 05, 2024 2:50 PM EST | Last Updated: 4 hours ago Canada’s financial intelligence agency says it has been hit by a cyber…

Avoiding online scams is nothing new for many Canadians, but companies and anti-fraud professionals are warning consumers to watch for fake listings on search engines that try to redirect people to fraudulent versions of familiar companies and brands. These listings pose as existing businesses and involve new search results popping up, either directing consumers…

The Body Shop Canada Ltd. is seeking creditor protection and closing a third of its stores because its parent company stripped the Canadian arm of cash and pushed it into debt, according to court documents. An affidavit published through the company’s court monitor from Jordan Searle, who heads the Canadian…

Politics The federal privacy watchdog says the operator behind Pornhub and other pornographic sites broke the law by enabling intimate images to be shared on its websites without direct knowledge or consent. Inadequate privacy protections have led to devastating consequences, commissioner finds The Canadian Press · Posted: Feb 29, 2024…

After spending big in a pre-election budget 12 months ago, Alberta Premier Danielle Smith is now pulling a 180-degree turn to focus on saving as the theme of Thursday’s budget, which was centred on penny-pinching and the need to stash away the province’s oil and gas wealth for future generations.…

Elon Musk has sued ChatGPT-maker OpenAI and its CEO, Sam Altman, saying they abandoned the startup’s original mission to develop artificial intelligence for the benefit of humanity and not for profit. The lawsuit filed late on Thursday in San Francisco puts the billionaire at loggerheads with the startup that he…

20 hours ago News Duration 4:14 After two years of aggressive interest rate hikes, inflation is seemingly back under control, causing many Canadians to start asking: Where’s the relief? CBC’s Peter Armstrong looks at whether the Bank of Canada has accomplished its goals and what we know about when rates…

The Body Shop Canada will close nearly a third of its stores and end online sales as it seeks creditor protection, the Canadian subsidiary of the U.K. beauty and cosmetics shop announced Friday. A court filing showed the company owes more than $3.3 million to unsecured creditors and about $16,400 to secured creditors. The company…

The first-time homebuyer incentive has been discontinued by the Canada Mortgage and Housing Corporation (CMHC), the federal agency announced on Thursday. The deadline for new or resubmitted applications to the program is midnight ET on March 21, 2024, according to the CMHC’s website. Launched in 2019, the plan was meant to…

It comes as no surprise to some industry experts: Air Canada hiked its first checked-bag fee by $5 for economy-type fares this week, shortly after WestJet made the same move.  “It’s a business,” said Karl Moore, an associate professor with McGill University’s faculty of management. “You’re leaving money on the…

Former talk show host Oprah Winfrey is leaving the WeightWatchers board of directors and donating millions of dollars in the weight management firm’s stock to charity, the company said Thursday, sending its stock tumbling in early trading. The exit of the media icon and celebrity shareholder, who has been a board member…

Cineplex Inc. has made almost $40 million from online booking fees, which are central to a competition bureau lawsuit against the Canadian cinema chain. An agreed statement of facts filed in the case before the Competition Tribunal shows Canada’s largest theatre owner made more than $11.6 million in the six…

The company building the Trans Mountain pipeline expansion now estimates the project’s costs will come in 10 per cent higher than its May 2023 estimate of $30.9 billion. That’s according to a regulatory filing Trans Mountain Corp. provided to the Canada Energy Regulator on Monday. It represents the latest in…

Rohith Krishnan was “bummed” when he found out he’s not getting paid for the extra day of work during leap years.  Employers typically pay their salaried workers the same yearly amount, whether the calendar year has 365 or 366 days, unless the contract states otherwise. As a result, the average…

Craving a Frosty? Better get it on a slow day if you’re going to a Wendy’s that’ll be testing surge pricing in the U.S. The company recently announced the move for some locations as part of its new digital menus to be launched next year. Known as “dynamic pricing,” the cost of menu…

An Ontario university is pulling dozens of vending machines that were tracking the age and gender of customers in the latest example of pushback against technology that tests the boundaries of privacy rules.  The move comes amid opposition from University of Waterloo students, who became aware of the technology after a…

Ask John Wildenborg if he thinks Canadians will be paying more for steak during future barbecue seasons, and the owner of Calgary specialty butcher shop Master Meats doesn’t hesitate. “Prices are definitely going to go higher, no ifs, ands or buts about it,” he said. “It keeps me up at…

Here’s the good news: Airfares have declined in Canada. The bad news? You might wind up paying more in added fees. WestJet and several U.S. airlines recently hiked their checked bag charges. Discount carrier Flair Airlines has raised some other fees, and added a surcharge when customers pay for their flight with a credit card. …

Less than two years after entering the market, Lynx Air is winding down operations, making the Calgary-based airline the latest in a long line of Canadian discount carriers that have failed to take off. The company — which rebranded from “Enerjet” in 2021 — cited rising operational costs, high fuel prices, unfavourable exchange…

Day 65:22A romance bookstore owner explains the fairy-driven frenzy pushing romantasy books to record sales If you’ve been on TikTok or in a bookstore lately, you’ve probably noticed the buzz around the hashtag #romantasy, or of titles like House of Flame and Shadow, Iron Flame and Trial of the Sun…

Did Subway discontinue yellow mustard in Canada? That’s the chatter online, as franchise owners on Reddit, customers on X and Facebook, and a notice sent out to parents of a school lunch program all allege the sandwich chain has stopped offering a beloved Canadian condiment. On Thursday, some parents of children at a school in Kingston, Ont., received an email notice.  “Subway will not…

Technology giant Nvidia is hitting new heights thanks to demand for products connected to artificial intelligence, leading the chip maker to a market value that this week approached that of the entire Canadian economy. The California-based company briefly hit $2 trillion US in overall value, or market capitalization, for the first time on Friday, riding on insatiable…

In a blockbuster seafood deal, St. John’s-based Ocean Choice International (OCI) has sold its Canadian offshore scallop quota — worth an estimated $200-million — to three Nova Scotia companies. Ocean Choice held 16.77 per cent of the offshore scallop quota, which is fished mostly on Georges Bank off southern Nova Scotia.…

Lynx Air, a Calgary-based airline that launched less than two years ago with a promise to make air travel more affordable for Canadians, says it will cease operations on Monday. The news came as the low-cost airline announced it had sought and obtained an initial order for creditor protection from the Court of…

Google is pausing an AI tool that creates images of people following inaccuracies in some historical depictions the model generated, the latest hiccup in the Alphabet-owned company’s efforts to catch up with rivals OpenAI and Microsoft. Google started offering image generation through its Gemini AI models earlier this month, but…

Dollarama customers who purchased products subject to an eco fee — such as batteries, electronics, light bulbs or toys with batteries — may be eligible to claim a gift card. The Montreal law firm of LPC Avocats Inc., announced Tuesday that the proposed national settlement has been reached in a class-action lawsuit about prices…

The rapid rise of fast-fashion e-commerce retailers such as Shein and Temu is upending the global air cargo industry, as they increasingly vie for limited air-cargo space to woo consumers with rapid delivery times, industry sources say. Shein, PDD Group’s Temu and ByteDance’s TikTok Shop, which recently launched online shopping in…

Canada’s annual inflation rate slowed to 2.9 per cent in January, mostly due to a deceleration in the price of gas, Statistics Canada said Tuesday. Economists were expecting the rate to come in at 3.3 per cent. Gas prices fell four per cent year over year in January after driving headline inflation up to 3.4 per…

Renters are more likely to report a lower quality of life than homeowners, especially in Vancouver and Toronto, according to survey results over the last few years from Statistics Canada. In 2021 and 2022, renters were over 15 percentage points more likely to report difficulty meeting financial needs and over 11 percentage points less likely…

After the pandemic hit in 2020, some business owners and households were hard hit financially as a result of lockdown measures. But at the same time, many Canadians saw their bank accounts grow because of their reduced spending. Those savings ballooned to over $300 billion and became so large that…

Canadians can begin filing their income tax returns online as of Monday, with several changes in store for the 2024 tax filing season. Those filing by paper should have received their income tax package in the mail by now, according to the Canada Revenue Agency (CRA). Most Canadians must file…

January home sales jumped 22 per cent compared with a year ago, the largest year-over-year increase since May 2021, according to The Canadian Real Estate Association. The association says the increase reflected weakness last year, which saw the worst start to almost any year in the past two decades. Home…

WestJet chief executive officer Alexis von Hoensbroech apologized Thursday for incidents where the airline failed to accommodate people living with disabilities, saying he hopes to improve travel accessibility. “To our guests who didn’t have a good travel experience with us, we are sincerely sorry, and we are committed in doing better,” von Hoensbroech said during a…

The maker of ChatGPT on Thursday unveiled its next leap into generative artificial intelligence with a tool that instantly makes short videos in response to written commands. San Francisco-based OpenAI’s new text-to-video generator, called Sora, isn’t the first of its kind. Google, Meta and the startup Runway are among the…

Lisa and Dave Parsons were in Jamaica for their son’s destination wedding, a week-long dream vacation that was picture perfect — until they unpacked their bags. Travelling with 40 wedding guests from Ocho Rios, Jamaica, to Lindsay, Ont., on Monday, the couple says that nearly half the group had expensive…

Cost of Living4:46Points taken When April Canavan’s inbox was suddenly flooded with emails in December, she knew something had gone wrong. The Vancouver woman found herself subscribed to mailing lists she’d never signed up for, along with emails saying she’d just redeemed PC Optimum points at a grocery store halfway across…

Toronto Court documents show the discount electronics and home goods retailer wanted to close its 14 stores in the province because it has found the business is “no longer viable.” Discount retailer says business is ‘no longer viable’ The Canadian Press · Posted: Feb 16, 2024 11:43 AM EST |…

New home construction in Canada fell by 10 per cent in January compared to December, as fewer multi-unit urban homes, such as townhouses, were built, according to the country’s national housing agency. The Canada Mortgage and Housing Corporation said Thursday that housing starts came in at 223,589 units in January,…

Air Canada has been ordered to pay compensation to a grieving grandchild who claimed they were misled into purchasing full-price flight tickets by an ill-informed chatbot. In an argument that appeared to flabbergast a small claims adjudicator in British Columbia, the airline attempted to distance itself from its own chatbot’s bad advice…

Dozens of ride-share and food delivery drivers in Toronto staged a strike Wednesday, calling for more fair pay and better treatment after a recent report found that what some drivers make falls well below Ontario’s minimum wage. In a joint report published Monday, Ridefair Toronto and the Rideshare Drivers Association…

The average asking price for rent in Canada reached $2,196 in January, a 10 per cent increase from this time last year — marking another record high amid a deepening rental crisis. According to data released Wednesday by Rentals.ca and market research firm Urbanation, the average asking price of rent went up by 20 per cent (or…

A Vancouver non-profit is calling on Canada’s competition regulator to launch a greenwashing investigation into Lululemon — saying the athleisure brand is misleading consumers about its environmental practices. The complaint, which was filed by the organization Stand.earth last Thursday, says Lululemon’s Be Planet sustainability campaign from 2020, in which the company said it would work…

U.S. consumer prices increased more than expected in January amid rises in the costs of shelter and health care, but it likely won’t change expectations that the Federal Reserve will start cutting interest rates in the first half of 2024. The consumer price index (CPI) increased 0.3 per cent last month after…

WestJet is facing indefinite delays on dozens of new aircraft deliveries after a panel blowout on a Boeing 737 Max plane last month that prompted a halt to production expansion at the U.S. aircraft maker. The Calgary-based carrier bought 42 Boeing 737 Max 10 jetliners in 2022, with options for…

Canada’s real estate market is notoriously unhinged. Home prices are up more than 35 per cent in just four years. Mortgage interest costs are up 30.9 per cent year over year. And rental prices are continually hitting record highs. As inflation comes under control, there is a growing chorus calling on the…

Toronto Maple Leafs captain John Tavares is taking the Canada Revenue Agency to court over an $8-million tax bill in a case experts say could be pivotal for some pro athletes, perhaps affecting with which teams they sign. The NHL star has filed an appeal to the CRA over the bill for back…

As a high school student strong in math and science, Amy Spiers took what seemed like the natural next step after graduation and earned a degree in geomatics engineering.  But after 12 years in the industry, Spiers craved something more creative and hands-on, which led her to an apprenticeship in…

For the first time, Mike Holmes has spoken publicly about a lawsuit that alleges houses in a “Holmes Approved Homes” development in Meaford, Ont., were built with defects. The celebrity contractor and popular TV host posted a statement on his Facebook page four days after CBC News reported on an…

Uber Eats will apparently remove a scene from its Super Bowl ad that depicts a man having an allergic reaction to peanut butter, following backlash from some consumers and food allergy advocates — a sticky situation that brand experts say could have been avoided. The ad starts with a production assistant handing Jennifer…

The Canadian economy added 37,000 jobs in January as unemployment fell slightly to 5.7 per cent, the first decline since December 2022, according to a Friday report from Statistics Canada. After three consecutive months of little change in the jobs rate, the January figures were better than economists expected but were…

Bell Media is ending multiple television newscasts and making other programming cuts after its parent company announced widespread layoffs and the sale of 45 of its 103 regional radio stations. News stations such as CTV and BNN Bloomberg would be affected immediately, according to an internal memo sent to Bell…

Business·New The Competition Bureau says it’s investigating the use of property clauses, which limit how real estate can be used by competitors, in the Canadian grocery sector. Watchdog says clauses make it harder for new supermarkets to open The Canadian Press · Posted: Feb 08, 2024 3:09 PM EST |…

Samantha Sannella loves Jeeps — she’s had four in the last eight years — and she knows that thieves covet them, too. In fact, one Jeep disappeared from in front of her Toronto home. “My previous jeep — which I love, love, loved — was stolen the first week I bought it,”…

Cheap natural gas prices are providing some welcome relief on utility bills as Canadians heat their homes this winter, and prices are expected to remain low for much of this year. For the natural gas industry in Western Canada, it’s a return to low commodity prices after a few years…

The new chief of the U.S.  Federal Aviation Administration (FAA) said his agency is midway through a six-week audit of manufacturing at Boeing, but he already knows that changes must be made in how the government oversees the aircraft manufacturer. FAA administrator Michael Whitaker suggested that Boeing — under pressure…

The state of Colorado is fining Suncor Energy Inc. $10.5 million US for air pollution violations. In a news release, the Colorado Department of Public Health and Environment says the fine concerning Suncor’s Commerce City refinery is for violations from July 2019 through June 2021. The department also says the…

For many skiers, the days of strolling up to the hill and buying a lift ticket are winding down, as the industry tries to hedge its bets against crummy snow conditions by locking in sales weeks or even months ahead of time. Season passes have been around for decades, but the…

Manulife will cover specialty drugs filled at any pharmacy, the insurance company said Monday, backtracking on its decision to only cover drugs filled at Loblaw-owned pharmacies less than a week after the exclusivity deal was announced. The company said in a statement posted on its website that it was making the change…

While browsing the goods at a Value Village store in Toronto, Evan Boyce spotted something he didn’t expect: A used vase for sale with a Value Village price tag of $8.99. Then he realized the original price tag was still on — and to buy it at a Dollarama store would…

As the federal government’s popular Canada Greener Homes grant program comes to a close, the energy audit industry could crumble with businesses across the country warning of mass layoffs in the months ahead. The federal government has signalled the end of the program, which provides up to $5,000 toward energy…

Ad-free entertainment used to be one of the big selling points of streaming services, but as more services including Amazon’s Prime Video add commercials, experts say the glory days of advertisement-free video content are gone. That is, unless you open up your wallet to higher prices and additional monthly charges…

From one of Canada’s tallest condo towers to bare tracts of land, residential development projects across the country are increasingly being pushed into receivership. Elevated interest rates, construction costs and delays, and a slower real estate market are all contributing to the rising frequency of projects coming under financial stress,…

The federal government has lashed out at the U.S. Commerce Department over plans to raise duties on Canadian softwood lumber. International Trade Minister Mary Ng says the U.S. has signalled it intends to raise duties to 13.86 per cent, up from 8.05 per cent. Ng calls the move disappointing and entirely unwarranted. It’s the latest salvo in a bilateral back-and-forth that Ottawa has described…

Business insolvencies jumped by more than 41 per cent in 2023, according to data released Friday by Canada’s top financial regulator. The report from the Office of the Superintendent of Bankruptcy showed that the total number of insolvencies — meaning those filed by both businesses and consumers — was up by 23.6…

Bank of Canada governor Tiff Macklem says the central bank can’t solve the housing crisis with interest rates because the root cause is a supply shortage. Macklem faced multiple questions on housing affordability during an appearance before the finance committee on Thursday — one week after the bank yet again kept its…

The company building the Trans Mountain pipeline expansion is still working to find a solution for its latest unexpected construction challenge in B.C. Crown corporation Trans Mountain Corp. is currently removing the section of pipe it had been attempting to pull into the hole drilled for it in the Fraser…

Manulife has announced that its coverage of 260 specialty prescription drugs will apply only at Loblaw-owned pharmacies, a deal that was first reported by The Canadian Press on Tuesday. Experts who spoke with CBC News said the deal could hurt independent pharmacies and degrade the quality of pharmaceutical care that patients…

A judge in British Columbia will decide next month whether to approve a multimillion-dollar settlement of a class-action lawsuit against Apple for allegedly slowing down older model iPhones with its software updates. Lawyers for the company and class members in a lawsuit originally filed in 2018 were in a Vancouver…

North American energy pipeline operator Enbridge said on Tuesday it will cut its workforce by 650 jobs in a bid to cut costs. The company said the cuts will begin in February and be completed by March 1. It will reduce vacant positions, contract positions and redeploy staff where possible,…

Cost of Living9:05Why instalment loans are the riskiest bet in finance Jolene Chateauneuf was just trying to avoid getting evicted. It was 2021, and she was short $1,500 for the rent on her apartment in Princeton, B.C., where she was living at the time. So she took out a rapid…

Toyota Motor Corp. is urging owners of certain older vehicle models to stop driving and get immediate repairs because an airbag inflator could explode and potentially kill motorists.  The Japanese automaker said the “Do not drive” advisory covers some 2003-04 model year Corolla, 2003-04 Corolla Matrix and 2004-05 RAV4s with Takata…

Yoshua Bengio has been thinking for a while about what happens if the technology he helped pioneer becomes smarter than humans — and escapes our control. “We could basically create new types of living entities that have their own preservation as a more important value than our own,” he said.…

A Hong Kong court on Monday ordered the liquidation of property company China Evergrande Group, a move likely to send ripples through China’s crumbling financial markets as policy-makers scramble to contain the deepening crisis. Evergrande, the world’s most indebted developer with more than $300 billion US in total liabilities, sent a…

The Quebec provincial government “grossly underestimated” how much it will cost for businesses to adhere to new French-language law requirements for storefront signage, according to a Montreal legal expert. The new regulations have even caught the attention of the U.S. government.  “Anecdotally, I know that these kinds of changes run in…

The federal government has said expanding the electric vehicle charging network is key to meeting the country’s climate goals, but an investigation by CBC’s Marketplace has exposed a wide range in pricing as well as inconsistencies in performance and reliability at public charging stations. Marketplace tested the pricing and reliability…

Rogers Sugars has announced a tentative agreement with the union representing 140 striking workers at its Vancouver refinery, according to a Friday statement from the company. No details of the tentative deal have been released. A ratification vote is expected next week. The workers, represented by Private and Public Workers…

Canada’s energy industry is reacting with dismay to U.S. President Joe Biden’s move to pause approvals of new liquefied natural gas export terminals in that country. The Canadian Association of Petroleum Producers said it sees LNG as a lower-emission source of secure energy that can help countries get off coal.…

After helping to discover the world’s first deposit of natural hydrogen in West Africa, which kick-started a search for the buried gas around the world, Denis Brière hopes his next breakthrough will be in Canada. Brière is a petrophysicist and vice-president of Calgary-based Chapman Hydrogen and Petroleum Engineering, which plans to begin testing…

British negotiators walked away from trade talks with Canada Thursday — a dramatic development that taps the brakes on a bilateral trade deal between the two Commonwealth nations that has been years in the making. A major sticking point between the two sides remains how much tariff-free access U.K. producers should have…

The U.S. economy grew at an unexpectedly brisk 3.3 per cent annual pace from October through December as Americans showed a continued willingness to spend freely despite high interest rates and price levels that have frustrated many households. Thursday’s report from the U.S. Commerce Department said the gross domestic product — the…

Netflix told investors it has added millions of new customers and has lots of room to grow its revenue — with part of that growth coming from the planned elimination of the cheapest, ad-free plan available to Canadians. According to fourth quarter results, released late Tuesday afternoon, Netflix is planning to “retire”…

The Bank of Canada has announced its key overnight interest rate will remain at five per cent, keeping its benchmark the same for the fourth time in a row. Today’s announcement was predicted by many economists. The central bank last raised interest rates in July 2023. At a press conference on Wednesday morning,…

Netflix took a big step into live events on Tuesday with a more than $6.7 billion ($5 billion US) deal that would make it the exclusive home of World Wrestling Entertainment’s Raw from January 2025 onward. The 10-year partnership will put Raw on the streaming platform in the U.S., Canada, United Kingdom and Latin America, among other…

Canada Post is selling off its IT and logistics departments, a move business experts say is an essential first step in saving a Crown corporation that lost more than half a billion dollars in 2022. “Canada Post is disappearing before our eyes,” said Ian Lee, a business professor at Carleton University in Ottawa who…

Flippy is making burgers, Chippy is cooking french fries, and Remy is serving up salads. Customers may not even notice them, but robots are becoming more common behind the counter at fast food kitchens. At Food Republic, a quick-service joint in Vancouver, Remy looks like a giant stainless steel box.…

Buses will not run Monday in Metro Vancouver after more than 180 workers represented by CUPE Local 4500 walked off the job. The job action, which began at 3 a.m. PT, comes three weeks after the workers began refusing overtime. The union represents transit supervisors, communications supervisors and a range of other…

Shipping traffic through the Red Sea has plummeted as Houthi militants step up their attacks on vessels in the region. American-led airstrikes have done little to deter the disruption and now the CEO of one of the biggest shipping companies in the world says the disruption will probably last at least a…

A relaxing vacation in Cuba was what Jeff Phelps thought he was signing up for when he booked a 20th wedding anniversary trip with Sunwing.  That’s not what they got when they arrived at the Grand Memories Varadero, listed as a 4.5-star facility, during the holidays.  The family opened the door to the room…

With shipping companies already dealing with disruptions in the Red Sea due to attacks on ships, word comes that another important trade route is being forced to curtail traffic. A severe drought that began last year has forced authorities to slash ship crossings in the Panama Canal by 36 per cent.…

During what Orest Katolyk calls the “wild west” of short-term rentals — the time before regulations were put in place — bylaw officers in London, Ont., would have to rent properties listed on websites like Airbnb to check for infractions. “We actually rented a shed several years ago that was near Western University, and it…

First published in 1954, Sports Illustrated could be characterized as a part of sports history. But word of mass layoffs at the magazine on Friday had employees and observers worried for its future. The planned cuts at Sports Illustrated include possibly all of its union-represented workers, the union said in a social media post Friday. In…

Slumping oil prices are bringing some relief for drivers filling up their gas tanks this winter, but they’re also delivering a financial hit to some provinces as they prepare their next budgets — notably Alberta. Oil prices have fallen by almost 40 per cent since reaching a high of more…

Uniqlo Co. has sued rival retailer Shein over a small shoulder bag the Japanese retailer said was an inferior and unlawful copy of its hit product touted as the “Mary Poppins bag.” The lawsuit demanded Shein stop selling its product that Uniqlo said looks too much like its Round Mini Shoulder…

An Edmonton man who admitted to breaching Alberta securities laws by illegally distributing securities to investors and acting as an unregistered dealer has been ordered to pay a $40,000 penalty and stop trading and buying securities or derivatives. In a hearing decision posted to its website on Jan. 12, the Alberta…

CEO pay in the oil and gas sector has soared with the industry’s post-pandemic resurgence and will likely increase even more with the completion of the Trans Mountain pipeline expansion this year, a new report projects. The report released Wednesday by the Bedford Consulting Group looked at C-Suite salaries, bonuses…

Some businesses in Canada who took out a CEBA loan may be hoping in vain for a last-minute reprieve and one more chance at free money from the federal government, but others involved say it’s time to move past trying to shift the deadlines for repayment. The federal government has…

Canada’s annual inflation rate jumped to 3.4 per cent in December, according to data released by Statistics Canada on Tuesday. That’s after both October and November saw inflation hold steady at 3.1 per cent compared to the previous year. StatsCan said that the price of gasoline, air travel, passenger vehicles and rent drove the…

A Bank of Canada survey finds Canadians are increasingly cutting back on spending while mortgage holders remain confident they can keep up with higher payments when their loans renew. The central bank released its fourth-quarter consumer expectations and business outlook surveys Monday, revealing how Canadians are faring amid higher borrowing…

If you’ve been trying to save money on your grocery bill by waiting until food is marked down to 50 per cent, get ready for some sticker shock on your next visit to a Loblaw-owned grocery store. According to an email from Loblaw Companies Ltd. reviewed by CBC News, it will no…

The Stanley Quencher, pictured for sale on the company’s website, is an insulated stainless steel travel mug that’s become extremely popular on social media and among consumers. A dramatic rise in the company’s revenue is being attributed in part to the tumbler. (Stanley) The Stanley cup is so popular these…

This First Person column is the experience of Grace Stelmachowicz, who lives in Squamish, B.C. For more information about CBC’s First Person stories, please see the FAQ. Growing up, I was taught that there is a clear pathway to success: go to university, get a job in your field, get…

Prominent artificial intelligence company OpenAI has launched a new way for developers to sell and distribute their own, custom versions of AI software through an online store, with industry participants and watchdogs saying it could change how businesses and consumers use the technology. The GPT Store will include personalized artificial intelligence applications, and…

WestJet says it is facing “significant operational impacts” due to the extremely cold weather in the Prairies and parts of B.C. Saturday morning, temperatures rendered de-icing fluid ineffective in Calgary, Edmonton, Saskatoon, Regina, Kelowna, Kamloops, Fort McMurray, Prince George, Grande Prairie, Yellowknife and Fort St. John, the airline said in…

With the COP28 climate summit now in the rearview mirror, some researchers say the moment is here when coal consumption in power plants around the world will finally peak before beginning a perpetual fall. For more than a century, coal has been used to produce electricity, and to this day remains the…

Unusually choppy waters off the west coast of Newfoundland mean the island’s only transport truck ferry service has been seeing an onslaught of delays.  And those repeated delays, says Marine Atlantic spokesperson Darrell Mercer, mean trucks carrying food, clothing and household goods aren’t arriving on time. “There have been continuous…

A key Flair Airlines investor says a $30-million lawsuit filed against it by plane-leasing firms over claims of missed payments is “premature at best.” Miami-based 777 Partners, which owns one-quarter of Flair, confirmed that three lessors of aircraft that were repossessed from the budget carrier last spring filed their claim…

Rental firm Hertz Global Holdings said on Thursday it would sell about 20,000 electric vehicles, including Teslas, from its U.S. fleet due to higher expenses related to collision and damage, and will opt for gas-powered vehicles. Shares of the rental company, which also operates vehicles from Swedish EV maker Polestar among others, fell about four per…

After a head-spinning and bizarre chain of events, U.S. financial regulators have formally approved new bitcoin exchange-traded funds. The move is being heralded as a landmark moment in the history of cryptocurrency and its acceptance into mainstream financial markets. In its approval announced on Wednesday, the Securities and Exchange Commission (SEC) expressed…

Online shopping giant Amazon is eliminating hundreds of positions across its video production and distribution divisions, as the company announced layoffs at Amazon Prime Video, its MGM Studios division and livestreaming subsidiary Twitch. The latest cuts come as the company has eliminated more than 27,000 jobs over the past year, part of…

The U.S. Securities and Exchange Commission (SEC) said Tuesday afternoon that a social media post saying it had approved a spot bitcoin exchange-traded fund (ETF) was false and its account had been compromised.  A post on X, formerly known as Twitter, said that the SEC had granted approval for bitcoin ETFs on all…

Even as the minister responsible admitted there aren’t enough competitive options for mobile service in Canada, another federal official said consumers can and should search for other service providers when faced with price increases. That message — from Innovation, Science and Economic Development (ISED) Canada — came just hours after the Industry Minister François-Philippe Champagne said…

Canadians are still paying too much for telecom services, the industry minister said Thursday, one day after Rogers Communications said it was raising the cost of some of its wireless phone plans. Rogers said Wednesday it would hike the cost of some of its wireless plans for non-contract customers. Bell is also reportedly increasing some…

Statistics Canada says the total number of jobs in December was virtually unchanged for the month as the unemployment rate held steady at 5.8 per cent. The agency says the economy added a total of 100 jobs for the final month of the year. The result came as the number of full-time jobs…

Lululemon’s controversial founder Chip Wilson is again facing criticism for his latest remarks regarding the company’s diversity and inclusion efforts. In a recent article by Forbes, Wilson objected to the company’s use of models with a range of body types, whom he said looked “unhealthy,” “sickly” and “not inspirational.” “They’re trying to…