CrowdStrike hit by class action lawsuit from shareholders over massive outage
CrowdStrike has been sued by shareholders who said the cybersecurity company defrauded them by concealing how its inadequate software testing could cause the global outage on July 19 that crashed more than eight million computers. In a proposed class action…
Competition Bureau studying Canadian airlines amid ‘relatively high’ airfares
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…
Resale platform StubHub sued for allegedly inflating ticket prices with extra fees
The attorney general for Washington, D.C., sued StubHub on Wednesday, accusing the ticket resale platform of advertising deceptively low prices and then ramping up prices with extra fees. The practice known as “drip pricing” violates consumer protection laws in the…
Sale of Atlantic Canada’s biggest newspaper chain could reduce local content: expert
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…
TC Energy signs deal to sell minority stake in pipeline to Indigenous groups
TC Energy Corp. says it has signed a $1-billion deal that will enable 72 Indigenous communities to take a minority stake in its Nova Gas transmission system and Foothills pipeline assets. The Calgary-based energy company says the agreement is Canada’s…
Canadian seniors are wealthier than ever. Do seniors’ discounts still make sense?
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….
This couple was asked to check their carry-ons. They protested — and were booted from the flight
An Ontario couple was ousted from a cross-country WestJet flight last month after they protested the airline’s demand to gate-check their carry-on bags, which contained valuables and medication. “I was so mad,” said Porur Kumanan, who was travelling from Toronto…
U.S. regulator investigating Delta after global tech outage led to widespread cancellations
U.S. regulators are investigating how Delta Air Lines is treating passengers affected by cancelled and delayed flights as the airline struggles to recover from a global technology outage. Transportation Secretary Pete Buttigieg announced the Delta investigation on the social media…
CrowdStrike says 97% of its Windows sensors are back online after global outage
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…
Walmart Canada raises hourly store wages for roughly 40,000 workers
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…
Postmedia enters agreement to buy SaltWire chain of newspapers
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…
Scotiabank customers say their pay hasn’t been deposited; bank says it’s a ‘technical issue’
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,…
Loblaw, George Weston to pay $500M for bread price-fixing scheme in record antitrust settlement
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…
Loblaw says Q2 net earnings fell by $51M due to charges from class-action settlements
Canadian retailer Loblaw Cos. Ltd.’s net income fell 10 per cent in the second quarter from the same time last year, a decrease that the company attributed primarily to charges related to the settlement of class action lawsuits. Income in the…
Privacy commissioner investigating customer claims they can’t delete PC Optimum accounts
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…
Bank of Canada cuts key interest rate again, more cuts ‘reasonable’ if inflation keeps easing
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…
Quebec investing another $413M in Airbus partnership to keep assembly line in the province
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…
Halal meat is big business both within and beyond Muslim communities
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…
Baby Gourmet Foods recalls organic baby cereal over possible bacteria contamination
A brand of baby cereal is being pulled from all in-store and online retailers in Canada due to possible Cronobacter contamination. Calgary-based Baby Gourmet Foods has issued a product recall for its Banana Raisin Oatmeal Organic Whole Grain Cereal, which…
Delta still struggling after Crowdstrike outage, cancelling hundreds more flights Monday
Delta Air Lines is struggling to restore normal operations after last week’s crippling global cyber outage, cancelling over 5,000 flights since Friday. Delta on Sunday cancelled 1,250 flights beyond the 3,500 it had already scrapped after a software update by global…
All major grocery retailers agree to sign on to industry-developed code of conduct
All major retailers have agreed to an industry-developed Canadian grocery code of conduct, Agriculture and Agri-Food Canada announced Thursday. In a statement, the federal department said, “After years of work and widespread industry participation, we are pleased to announce that all major retailers…
Be warned: After global tech outage, phishing schemes and scammers may try to exploit you
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…
Bissell recalls more than 3 million hand-held steam cleaners after dozens of people burned
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…
Day of disruptions, dashed plans for many Canadians after global tech outage
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…
Stellantis tells owners of over 24,000 hybrid minivans to park outdoors due to battery fire risk
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…
Airlines, banks, health care disrupted in global IT outage
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…
What is the grocery code of conduct?
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…
AI has a lot of fans in business. But does it actually make money?
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…
Hamilton steelmaker Stelco sold to Cleveland-Cliffs for $3.4B
Hamilton-based steelmaker Stelco Holdings Inc. is set to be acquired by U.S.-based Cleveland-Cliffs Inc. for $3.4 billion Cdn. Stelco said it has agreed to sell all issued and outstanding common shares for $70 per share to the Ohio-based steel producer….
Think your grocery bill is high? Try eating gluten-free
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…
TC Energy’s $15B Keystone XL legal claim against U.S. government thrown out
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…
Inflation dipped to 2.7% in June as gas price growth slowed
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…
Corus Entertainment ‘aggressively’ cutting costs, laying off more employees as revenue slumps
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,…
‘Malicious actors’ could use X’s blue checks to deceive users, EU says
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…
Trade your zucchini loaf for my jar of tomatoes? Why some Canadians are turning to bartering again
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…
Use any tools offered to monitor credit following Ticketmaster data breach, says expert
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…
AT&T data breach affected nearly all customers after info downloaded to 3rd-party platform
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,…
0% financing on a new car? Deals are back — on some models
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…
WestJet and mechanics’ union ratify contract in aftermath of strike
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…
Canada’s housing market up compared to last month but down compared to last year
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…
BMW recalling 44K vehicles in Canada over potentially deadly airbag issue
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…
Inflation in U.S. drops as consumer prices unexpectedly fell in June
U.S. consumer prices unexpectedly fell and the annual increase was the smallest in a year, reinforcing views that a trend of dropping inflation was back on track in the United States, and drawing the Federal Reserve another step closer to cutting interest rates. The consumer…
Average asking rent in Canada up 7% from a year ago, even as price growth slows
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…
Hudson’s Bay store in Winnipeg’s Polo Park closed temporarily due to what chain calls strain on cooling system
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…
Silk, Great Value plant-based beverages recalled across Canada
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…
After the carbon capture industry gold rush, how many facilities will actually be built?
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…
Ticketmaster says customers’ credit card information affected by data breach
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…
Paramount announces $28B US merger with Skydance, a new era for famed Hollywood studio
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…
Canada Industrial Relations Board deems port strike vote illegal
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…
Is it OK to choose ‘no tip’ at the counter? Some customers think so
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…
Thousands of LCBO workers on strike after midnight deadline passes
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…
Copper theft has been growing. The telecom industry wants tougher penalties
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…
Human error caused 2022 Rogers outage, system ‘deficiencies’ made it worse: report
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…
Canadian employment was unchanged in June, but student summer jobs were harder to come by
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…
Hudson’s Bay Company to buy luxury retailer Neiman Marcus in $2.65B US deal
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…
Many Canadians in their 20s and 30s are delaying having kids — and some say high rent is a factor
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…
Bombardier aircraft assembly workers still on strike after union rejects latest offer
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…
Sunwing launches court battle to overturn order to compensate couple $800 for flight delay
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…
Passengers ‘in the dark’ as WestJet flight cancellations continue days after strike ends
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…
WestJet cancellations continue after mechanics’ strike ends, frustrating and confusing travellers
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…
After early struggles, federal refugee employment program gains traction with employers
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…
How some young Canadians are saving money by embracing the digital nomad lifestyle
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 psychologist from Vancouver is a self-described digital…
Shell gives go-ahead to 2 carbon capture and storage projects in Alberta
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…
WestJet strike averted after federal labour minister imposes binding arbitration
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…
Railway workers at CN, CPKC vote to reauthorize strike but open to federal mediation, union says
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…
U.S. Supreme Court decision rejects Purdue Pharma opioid settlement, leaving victims in limbo
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…
WestJet mechanics strike one day after federal labour minister imposes binding arbitration
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…
Canada’s GDP grew 0.3% in April, with rebound in some sectors
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…
Bell Media announces additional job cuts impacting 43 technicians
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…
This woman pays 100% of her income on rent
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…
Billionaire Frank Stronach charged with 8 more criminal counts including sexual assault, police say
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…
WestJet mechanics issue strike notice for possible job action Friday
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…
Trying to buy a car? Your dealership might be recovering from a cyberattack
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…
Inflation ticked up to 2.9% in May
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…
Every year, StatsCan tweaks how it calculates inflation. What to know about this year’s changes
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…
Alberta oil and gas sector exceeded flaring limit in 2023, data shows
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…
Unifor says 1,350 of its members are on strike at Bombardier after deal deadline passes
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,…
Proposed legislation would ensure flight attendants are paid for pre- and post-flight duties
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…
It’s a ‘travesty’ Boeing CEO Dave Calhoun is still in his job, says U.S. senator during heated hearing
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…
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Why airlines will never stop nickel-and-diming us | About That
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…
WestJet mechanics hit airline with 72-hour strike notice
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…
WestJet mechanics’ strike averted, airline and union say
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…
CDK’s ongoing cyber outage hits car dealers in Canada, U.S. for 2nd day
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,…
The Bank of Canada’s growing list of worries
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…
Ontario court approves sales process for Red Lobster Canada
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…
WestJet cancels some 40 flights in anticipation of strike by mechanics
The WestJet Group has cancelled about 40 flights in anticipation of a possible strike by its aircraft maintenance workers on Thursday. The airline says about 6,500 travellers have been affected by the decision covering flights on Tuesday and Wednesday. WestJet…
WestJet now charges $25 to book a flight by phone. Are airline fees out of control?
Jana Fatovic prefers to buy her WestJet flights over the phone to ensure everything goes smoothly. But a recent attempt to book tickets for a family trip to Arizona didn’t quite pan out. While waiting on hold to speak with…
New home construction rose while home sales came down in May
The annual rate of new home construction was up in May, while home sales were slightly down, according to data released separately on Monday by the Canada Mortgage and Housing Corporation and the Canadian Real Estate Association. Referred to as…
If you’re sick of screen time, switching to a ‘dumbphone’ may be a smart move
When Leigh Tynan agreed to get her 13-year-old daughter a cellphone, she didn’t want it to become a distraction. “When there’s a smartphone or screen, you don’t practice guitar, you don’t read a book, you don’t just be bored,” she…
Quebec judge dismisses $2.5M Dollarama class action settlement
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…
What X’s move to hide our likes means for accountability
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…
Canadian bank CEOs defend investments in oil and gas
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…
Musk says he has Tesla shareholder support for controversial $56B pay package
Tesla shareholders are voting to approve a $56 billion US pay package for Elon Musk and to move the electric vehicle maker’s legal home to Texas, the CEO said on social media on Wednesday, adding that passage was by wide…
Police arrest 3 in connection with massive Desjardins data breach
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…
Banana company Chiquita ordered to pay families of men killed by Colombian paramilitary
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…
Elon Musk claims Apple’s new AI tools are a privacy risk. How much of a concern are they?
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…
Ransomware attack on England’s health system highlights life-threatening impact of cybercrime
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…
Drake’s Oilers bet with Stake is one that local NHL fans can’t make themselves
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…
China’s EV market is going global. Can U.S., Canada balance protectionism with reducing emissions?
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…
Canada’s economy added a flat 27,000 jobs in May while unemployment ticked up to 6.2%
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…
Google signs deal with organization to distribute $100M to Canadian news companies
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…
Canadian retailer Simons is expanding. Can it succeed where its peers couldn’t?
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…
Quebec judge approves sale of Just for Laughs assets to ComediHa!
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…
Cutting interest rates was easy. But the Bank of Canada still has a credibility problem
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…
Bank of Canada cuts key interest rate to 4.75%
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…
Foreign streamers must pay into fund to boost Canadian content, CRTC says
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…
WestJet announces UltraBasic fare with no carry-ons, no seat choice and no points
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…
Air Canada ordered to pay couple $2,000 in compensation. Instead, it’s taking them to court
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…
Former TD Bank employee took bribes to falsify documents, help move cash to Colombia
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…
Investors reshaped Canadian home real estate. Something similar is happening in agriculture
When asked if young, aspiring farmers ever inquired about buying his farm, Marcus Collinson just laughs. “No young farmers are buying farms,” he said, adding it’s why he sold his four properties southwest of London, Ont., to an investor in May…
Something wrong with your car? Here’s how Canada’s vehicle recall system works
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…
Why is gas more expensive in the summer? Competition, logistics — and the blend
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…
Ticketmaster owner Live Nation confirms data breach
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…
WestJet Encore pilots file 72-hour strike notice
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…
Canada’s GDP grew less than expected. Will a rate cut follow?
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…
Bank of Montreal says online banking restored, some customers might see transaction delays
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…
WeWork to exit bankruptcy after judge approves restructuring plan
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…
Privatization? Foreign investment? Canadian airports face an overhaul of their business model
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…
Mortgage debt is growing at its slowest pace in 23 years — but that could be short-lived, says CMHC
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…
Is mass timber the next big thing in cheaper, greener construction? More provinces are saying yes
Urban downtowns are sometimes called concrete jungles because the apartments and office buildings that make up skylines from New York to Vancouver are generally made of — what else? — concrete. But that could change with a push underway to build more tall buildings with another…
Google research shows the fast rise of AI-generated misinformation
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,…
Indigo shareholders vote in favour of privatization sale to companies owned by CEO’s spouse
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…
Got thoughts on flying in Canada? The Competition Bureau wants to hear from you
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…
Stressed at work? Anxious about the wider world? You might be part of ‘The Great Exhaustion’
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…
Why does Drake have so many companies?
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…
U.S. suing Ticketmaster owner Live Nation
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…
Alcohol sales coming to Ontario corner stores by September
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…
Loblaws, Sobeys owners under investigation by Competition Bureau for alleged anti-competitive conduct
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…
Defunct Lynx Air selling off life-jackets, oxygen masks in bid to recoup losses
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…
Seafood chain Red Lobster will ask Canadian court to enforce U.S. bankruptcy in Canada
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….
Hackers release corporate data stolen from London Drugs
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…
Ottawa removes regulatory red tape for Trans Mountain pipeline
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…
Canadian banking regulator says real estate, mortgages pose risk to financial systems
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)…
Boeing invests $240M to create Montreal-area aerospace innovation zone
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…
WestJet delays integration of Sunwing to 2025
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…
Is that Her? OpenAI halting ChatGPT voice after some say it sounds like Scarlett Johansson
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….
After industry boom, Quebec distilleries fight for space on liquor store shelves
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…
Corporations are buying local vet clinics — raising questions about price, choice and quality of care
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…
This newsletter is not AI; gag orders at the bank: CBC’s Marketplace cheat sheet
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.,…
Canadian Taylor Swift fans are flying to Europe for cheaper concert tickets
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…
Customers are fed up with anti-theft measures at stores. Retailers say organized crime is to blame
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…
Quebec to force gas stations to report their prices. Will it lower fuel costs?
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…
Minister suggests Canada is considering tariffs on Chinese EVs following U.S. move
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…
Canadian Taylor Swift fans are flying to Europe for cheaper concert tickets
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…
Loblaw agrees to sign grocery code of conduct — but only if competitors do
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…
Olive oil is how much now? Prices jump — again — amid worldwide shortage
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…
Home sales and new home construction both drop in April
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…
As AI becomes more human-like, experts warn users must think more critically about its responses
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…
A 1st in Canada, $1.6B EV battery separator plant to open in Port Colborne, Ont., in 2027
A small city nestled in southern Ontario’s Niagara Region will be home to a new $1.6-billion electric vehicle (EV) battery plant that was officially announced Tuesday. Prime Minister Justin Trudeau and Ontario Premier Doug Ford were among politicians in Port…
Luxury retailer Ted Baker begins store-closing liquidation sales
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…
‘Roaring Kitty’ returns, sending meme stocks like GameStop surging once again
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…
Work stoppage averted as WestJet, aircraft engineers’ union reach tentative deal
WestJet and the union representing its maintenance engineers reached a tentative agreement late Sunday, averting a work stoppage that could have started disrupting flights as early as Tuesday afternoon. The Calgary-based airline and the Aircraft Mechanics Fraternal Association (AMFA), which represents the engineers who maintain WestJet…
FTX says most customers will get all their money back less than 2 years after crypto fraud crisis
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…
South Asian liquor lovers in Ontario frustrated by absence of favourite brands at LCBO
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…
Business groups walk back claim about share of Canadians hit by capital gains changes
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…
Flair Airlines CEO bullish on future of discount airlines. Others aren’t so sure
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…
Canada unexpectedly added 90,000 jobs in April, though unemployment stayed flat at 6.1%
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,…
Canada’s foreign student push ‘mismatched’ job market, data shows
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…
Apple gets crushing backlash to its ‘gross’ iPad ad from celebrities and artists
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…
The shadow fleet of oil tankers enabling Russia’s war and undermining global sanctions
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…
Shopify’s shares hit a 6-month low after quarterly growth slows
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…
Boeing under investigation after workers falsified inspection records on some Dreamliners
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…
TikTok is suing the U.S. over ‘obviously unconstitutional’ law that would ban it
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…
Competition Bureau investigating Lululemon over greenwashing allegations
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.”…
Hundreds strike at Nestle chocolate plant in Toronto: Unifor
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…
Amazon Prime’s NHL deal breaches cable TV’s last line of defence: live sports
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…
Provincial governments facing higher debts and more financial pressure
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…
TD Bank could face more severe penalties after drug money laundering allegations, says analyst
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…
WestJet issues lockout notice to mechanics’ union
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…
Canada Post lost $748 million last year, warns of ‘critical’ financial situation
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…
Is the Loblaw boycott privileged? Here’s why some people aren’t shopping around
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…
Canada’s shopping for a foreign grocer. Can an international retailer succeed here?
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…
London Drugs reopens phone lines and Canada Post outlets
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…
Can a Toronto-based ride-hailing startup compete with Uber and Lyft?
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…
U.S. Federal Reserve holds interest rate, saying it will take ‘longer than expected’ to start cutting
The U.S. Federal Reserve held interest rates steady on Wednesday and signaled it is still leaning toward eventual reductions in borrowing costs, but that cuts could be delayed as recent inflation numbers have strayed further from its two per cent target. Indeed, Fed Chair…
Canadian economy grew 0.2% in February
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…
London Drugs stores remain closed after ‘cybersecurity incident’
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…
More stores are ditching self-checkout amid theft and customer complaints
In 2020, Walmart started testing cashierless, all self-checkout big box stores, first in the United States and then in Canada. But the pilot project didn’t quite catch on. Walmart tells CBC News that, currently, there’s just one such location across Canada…
International students will be allowed to work 24 hours a week starting in September
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…
Pay transparency in job listings is less transparent than you might think
Cost of Living9:04Pay transparency in job postings? Mmmm…not so much When Kate McKenzie was looking for a job in the spring of 2023, she found a mixed bag of approaches to pay transparency — the practice of being upfront about…
Government hits Canada Life with financial sanctions
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…
Feds give financial boost to biofuel sector amid growing U.S. competition
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…
TikTok parent company says it won’t sell, despite possible U.S. ban
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…
Luxury retailer Ted Baker Canada is seeking creditor protection
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…
Nearly 23% of the Canadian population reported food insecurity in 2022
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…
EV sales have slowed. Do massive subsidies still make sense?
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…
Honda to invest $15B to build 4 new EV plants in Ontario
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…
Coke, Pepsi top list in global count of plastic waste
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…
Former SNC-Lavalin executive sentenced to prison term in Montreal bridge bribery case
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,…
Tesla’s Q1 net income down 55% year over year
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…
Elon Musk’s X, Australia government clash over order to take down church stabbing video
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…
Federal labour minister announces inquiry into B.C. port strike
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…
Union files application to represent workers at Amazon warehouse in Laval, Que.
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…
We’re still stockpiling reusable bags. Big grocers have adopted solutions, but experts have concerns
Canada’s plastic bag ban has had an unintended consequence: a proliferation of reusable bags piling up in basements, closets and, eventually, landfills. “They’re everywhere,” said environmental researcher Tony Walker. “We’re drowning in them, and we shouldn’t be.” To combat the problem,…
For its next trick, Ottawa must unload the $34B Trans Mountain pipeline. It won’t be easy
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…
Do Ottawa’s proposed capital gains tax changes affect inherited properties?
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…
Halal mortgages in federal budget about ‘being equal’ for Muslims, providers say
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…
Tesla recalling Cybertrucks in U.S. for faulty accelerator pedal
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…
Ottawa to force banks to use carbon rebate label for direct deposits
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…
CRA paid out $37M to tax scammers, unsealed affidavit alleges
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…