Apple unveils new, larger iPad models. How much do they cost? – National
Apple on Tuesday introduced a new, larger consumer iPad model at a virtual event, putting a slightly newer chip in the device as analysts expected further upgrades to the company’s professional iPad lineup. The iPad Air, the Cupertino, California-based company’s…
Renters so far more ‘vulnerable’ than homeowners amid higher interest rates. Why? – National
Canada’s renters are showing more signs of financial stress amid rising debt costs than homeowners facing higher mortgage rates, according to a new analysis from the central bank. The Bank of Canada released its Financial Stability Report for 2024 on…
Fintrac fines crypto exchange Binance Holdings $6M – National
By Staff The Canadian Press Posted May 9, 2024 11:44 am 1 min read Descrease article font size Increase article font size The federal anti-money laundering agency has issued a $6-million fine to cryptocurrency exchange company Binance Holdings Ltd. Fintrac says Binance failed to…
Trans Mountain pipeline expansion will boost Canadian oil prices ‘for years’: MEG Energy
The recently completed Trans Mountain pipeline expansion will boost Canadian oil prices for “years” to come, an executive with oilsands producer MEG Energy Corp. said Tuesday. “It is great for industry and Canada to have that tremendous asset available,” said…
Shopify stock sinks as it warns of slower growth amid tepid consumer spending
Descrease article font size Increase article font size 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 U.S. shares slumping nearly 20 per…
Canadian insurer rolls out pilot to assist in wildfire home protection
Wildfires are already burning in parts of Western Canada and with warnings of a particularly active season yet again this year, the country’s largest property and casualty insurer is testing a pilot project to help eligible Canadians protect their homes….
Delivery issue: How Canada Post might need to change to avoid collapse – National
Canada Post is continuing to bleed money amid fundamental shifts in mail delivery, pushing the Crown corporation to signal that something will have to change if it wants to right the ship. Canada Post reported a $748-million annual loss before…
Loblaw CEO ‘more optimistic’ than before on grocery code of conduct – National
Loblaw Cos. Ltd.’s new chief executive said he’s “cautiously optimistic” that the company will be able to come to an agreement on the grocery code of conduct. “Where it’s going to land, I’m of course not sure, but I’m more…
Loblaw boycott: Why has the grocer become a ‘lightning rod’ for frustrations? – National
An online campaign urging shoppers to boycott Loblaw stores is unlikely to leave a lasting scar on the company’s bottom line, some experts say, but the phenomenon could hint at a deeper crisis of consumer confidence for Canada’s largest grocer….
How caregiving impacts a generation of Canadians: ‘Unpaid work does not end’ – National
A series of demographic forces reshaping Canada has left many adult Canadians “sandwiched” between unpaid caregiving responsibilities for the generations coming before and after them. Marci Gray, a Brampton, Ont. resident, feels that particular sandwich through more layers than most….