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September 21, 2026
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  • Page 7

Business

  • Business

Gasoline prices help drive inflation up to 3.4%

admin3 years ago07 mins

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…

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  • Business

Loblaws will no longer offer 50% discount on expiring food products

admin3 years ago06 mins

If you’ve been trying to save money on your grocery bill by waiting until food is marked down to 50…

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  • Business

Mortgage holders say they can make higher payments as Canadians cut spending: survey

admin3 years ago3 years ago03 mins

A Bank of Canada survey finds Canadians are increasingly cutting back on spending while mortgage holders remain confident they can…

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  • Business

I was on track to be an engineer. But I followed my cowgirl dream and it changed my idea of success

admin3 years ago012 mins

This First Person column is the experience of Grace Stelmachowicz, who lives in Squamish, B.C. For more information about CBC’s…

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  • Business

From corny jokes to job applications, ChatGPT’s new store is selling specialized AI software

admin3 years ago08 mins

Prominent artificial intelligence company OpenAI has launched a new way for developers to sell and distribute their own, custom versions…

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  • Business

WestJet says extreme cold causing ‘significant’ operational impacts across Prairies

admin3 years ago02 mins

WestJet says it is facing “significant operational impacts” due to the extremely cold weather in the Prairies and parts of…

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  • Business

Quebec tightening French-language requirements for storefronts, labels

admin3 years ago3 years ago06 mins

Quebec business owners have about a year and a half to ensure all signs on businesses, aside from the company…

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  • Business

Climate change behind ferry disruptions and shipping delays, Marine Atlantic says

admin3 years ago06 mins

Unusually choppy waters off the west coast of Newfoundland mean the island’s only transport truck ferry service has been seeing…

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  • Business

We swabbed GoodLife, Planet Fitness and Anytime Fitness locations to find the germiest piece of equipment

admin3 years ago015 mins

Sweat, heavy breathing, warm temperatures and lots of people — the gym is the perfect environment for bacteria to thrive…

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  • Business

$30M lawsuit over plane payments ‘premature at best,’ top Flair Airlines investor says

admin3 years ago05 mins

A key Flair Airlines investor says a $30-million lawsuit filed against it by plane-leasing firms over claims of missed payments…

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  • Business

After a tough year, Aritzia banks on U.S. expansion to keep growth humming

admin3 years ago06 mins

Improved financial performance at Vancouver-based retailer Aritzia sent the company’s stock soaring on Thursday morning by more than 20 per…

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  • Business

Bitcoin exchange-traded funds get approval from U.S. SEC

admin3 years ago08 mins

After a head-spinning and bizarre chain of events, U.S. financial regulators have formally approved new bitcoin exchange-traded funds. The move is…

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  • Business

Hundreds of workers lose jobs at Amazon Prime Video, MGM Studios and Twitch

admin3 years ago03 mins

Online shopping giant Amazon is eliminating hundreds of positions across its video production and distribution divisions, as the company announced…

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  • Business

U.S. SEC has not approved bitcoin ETFs, says social media account was compromised

admin3 years ago04 mins

The U.S. Securities and Exchange Commission (SEC) said Tuesday afternoon that a social media post saying it had approved a spot…

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  • Business

Switch carriers? How? Ottawa gives mixed messages over rising mobile prices

admin3 years ago3 years ago08 mins

Even as the minister responsible admitted there aren’t enough competitive options for mobile service in Canada, another federal official said consumers can…

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  • Business

Why Female Do Plumbers Work?

admin3 years ago05 mins

Female Do Plumbers Work For years, people have thought of plumbing as a dirty job for men. It is true…

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  • Business

Unemployment rate held steady last month, StatsCan says

admin3 years ago3 years ago02 mins

Statistics Canada says the total number of jobs in December was virtually unchanged for the month as the unemployment rate held steady…

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  • Business

Lululemon founder faces backlash for blasting company’s diversity, inclusion efforts

admin3 years ago3 years ago06 mins

Lululemon’s controversial founder Chip Wilson is again facing criticism for his latest remarks regarding the company’s diversity and inclusion efforts. In…

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  • Business

Walmart abandons plan to open fulfilment centre in Quebec

admin3 years ago3 years ago06 mins

Walmart Canada says it is abandoning plans to open a new fulfilment centre in Quebec. The U.S. retail giant was…

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  • Business

‘Challenging’ market prompts Stellantis to re-evaluate auto show participation

admin3 years ago04 mins

Chrysler parent company Stellantis says future participation in North American auto shows will be looked at on a “case-by-case basis” amid…

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  • Business

Rogers to increase price of some wireless phone plans

admin3 years ago3 years ago04 mins

Wireless phone plans will be getting more expensive for some Canadians this year.  Rogers Communications Inc. will increase the cost of…

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  • Business

Canada’s highest-paid CEOs make 246x the average worker, says new report

admin3 years ago3 years ago010 mins

It was another record-breaking year for Canada’s richest CEOs.  In one work day, and less than a half hour into…

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  • Business

Air Canada lands last in on-time flights in ranking of North American airlines

admin3 years ago3 years ago05 mins

Air Canada notched the worst on-time performance among 10 large airlines in North America in 2023, according to a new report. The…

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  • Business

What does 2024 have in store for the Canadian economy?

admin3 years ago3 years ago010 mins

It’s been a long time since economic data in Canada showed very much promise. The last 18 months have been…

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  • Business

The gold rush is back — and now at a big-box store near you

admin3 years ago3 years ago07 mins

Warehouse stores in Canada aren’t just selling large quantities of toilet paper these days — gold bars and coins and other precious…

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  • Business

Mastermind Toys stopped accepting gift cards on Dec. 24 — when most cards were still wrapped

admin3 years ago3 years ago09 mins

Riverview father Rudy Walters is speaking out after Mastermind Toys stopped accepting gift cards effective Christmas Day — with signs posted on their…

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  • Business

Why flights between Newfoundland and Europe have Labrador Inuit shaking their heads

admin3 years ago3 years ago08 mins

Two Inuit leaders in Labrador are calling on the Newfoundland and Labrador government to chip in for flights to their…

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  • Business

Is your new car on a storage compound? Inside Kia’s scheme to deliberately withhold deliveries

admin3 years ago3 years ago016 mins

New Kia vehicles that have arrived from overseas are sitting on a storage lot in Wolverton, Ont., purposely locked up…

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  • Business

After years of turbulence, small clothing designers struggle for a sustainable model

admin3 years ago3 years ago013 mins

Amid high inflation, rising operating costs and shrinking Canadian demand, clothing designers in Nova Scotia say they’re struggling to find a…

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  • Business

New York Times sues OpenAI, Microsoft for copyright infringement

admin3 years ago3 years ago05 mins

The New York Times is suing OpenAI and Microsoft, accusing them of using millions of the newspaper’s articles without permission…

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  • Business

Canada’s inflation rate holds steady at 3.1%

admin3 years ago3 years ago08 mins

Canada’s annual inflation rate held steady at 3.1 per cent in November, matching the previous month’s rate, according to data released…

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  • Business

Meet Oscar, the Canadian-built, AI-driven recycling system helping governments go green

admin3 years ago010 mins

Standing in the middle of a cafeteria at Global Affairs, Soren Antosz was testing Oscar, a new, high-tech tool popping…

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  • Business

Some mortgage rates are dropping, but renewed loans could keep economy slow

admin3 years ago08 mins

As some Canadian lenders expect central banks, such as the Bank of Canada, to lower influential interest rates in 2024, borrowers…

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  • Business

Harry Rosen, founder of Canadian menswear chain, dies at 92

admin3 years ago04 mins

The founder of Canadian men’s clothing retailer Harry Rosen Inc. has died at 92. Rosen opened his first made-to-measure menswear…

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  • Business

Mastermind Toys customers warned to use gift cards by Dec. 24 as company is set to change hands

admin3 years ago05 mins

Mastermind Toys shoppers have less than a week to redeem store gift cards.  The Canadian toy retailer announced earlier this month that it had signed…

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  • Business

Have you seen viral videos of long lineups of people looking for work? Here’s the possible reason for them

admin3 years ago09 mins

Videos and pictures of hundreds of people lined up outside businesses in Ontario in efforts to land jobs have gone viral on…

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  • Business

Honda recalling about 4.5M vehicles worldwide over fuel pump issue

admin3 years ago03 mins

Honda Motor’s American unit is recalling about 4.5 million vehicles worldwide over risks of fuel pump failure, the Japanese automaker…

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  • Business

Alberta coal policy changes triggers joint lawsuit from coal companies

admin3 years ago07 mins

A trial date has been set for early 2025 to sort out whether Alberta is liable for billions in compensation…

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  • Business

Would you buy a diamond made in a lab? Consumers are taking a shine to them

admin3 years ago09 mins

When Evelyn Schaffer first saw her engagement ring, she was speechless. It was a 0.76-carat, oval-cut stunner — and she said…

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  • Business

Canada’s economy stalled again in October but likely up 0.1% in November

admin3 years ago04 mins

Canada’s economy was essentially unchanged for the third consecutive month in October, missing growth forecasts, but gross domestic product likely…

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  • Business

Freeland approves RBC’s $13.5B takeover of HSBC Canada with conditions

admin3 years ago06 mins

Finance Minister Chrystia Freeland has approved RBC’s $13.5-billion takeover of HSBC Canada, despite calls from opposition politicians and other groups…

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  • Business

Montreal-based Pornhub owner reaches deal with U.S. prosecutors over ties to alleged sex trafficking

admin3 years ago03 mins

The Montreal-based company that owns and operates adult entertainment websites including Pornhub.com has reached a deferred prosecution agreement with the…

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  • Business

What Types of Roofing Materials Does Barrie Roofing Recommend?

admin3 years ago3 years ago05 mins

Barrie Roofing Recommend Your roof is a crucial part of your home, protecting you and your belongings from the elements….

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  • Business

Electric scooter company Bird Canada says operations not affected by U.S. bankruptcy

admin3 years ago03 mins

Electric scooter rental company Bird says its Canadian operations won’t be affected by the company’s bankruptcy proceedings in the U.S. Canadian…

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  • Business

Bank of Canada’s governing council agreed odds of another interest rate hike have fallen

admin3 years ago02 mins

The Bank of Canada’s governing council agreed the odds of another rate hike have decreased during its discussions ahead of…

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  • Business

As Christmas tree farmers retire, who will take over?

admin3 years ago012 mins

Brad Clements, 82, has been growing Christmas trees near Milton, Ont., since the 1980s but is getting ready to pack…

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  • Business

Canada lays out plan to phase out sales of gas-powered cars, trucks by 2035

admin3 years ago07 mins

The end of the road is coming for gas-powered vehicles in Canada. New regulations being published this week by Environment…

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  • Business

As the holidays approach, Canadians say they’re being tipped over the edge

admin3 years ago07 mins

Cathy Khalil recently tipped five bucks on an $18 box of doughnuts at one Ottawa store — and says she…

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  • Business

U.S., Canada to join multi-national operation to counter attacks on commercial ships in Red Sea

admin3 years ago04 mins

The United States, Canada and a host of other nations are creating a new force to protect ships transiting the…

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  • Business

It’s not just a label for meat: halal investments target Islamic customers

admin3 years ago3 years ago010 mins

Whether it’s mutual funds, savings accounts or stock trading, millions of Canadians depend on investments for their financial future.  But for…

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  • Business

E-readers were supposed to kill printed books. Instead, they’re booming

admin3 years ago014 mins

Cost of Living8:55The return of the bookstore When e-readers like the Amazon Kindle burst onto the scene, showing up next…

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  • Business

Will Airbnb bans actually help renters and buyers find a place to live?

admin3 years ago01 mins

Governments across Canada are clamping down on short-term rentals in hopes of increasing housing. But will the new rules limiting…

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  • Business

Annual pace of housing starts in Canada down 22% in November, says CMHC

admin3 years ago06 mins

The pace of housing starts in Canada fell by 22 per cent in November, the Canada Mortgage and Housing Corp. said…

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  • Business

Tiff Macklem says 2024 will be a transition year for economy, too soon to consider rate cuts

admin3 years ago04 mins

Bank of Canada governor Tiff Macklem says he expects 2024 to be a transition year as higher interest rates slow…

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  • Business

Rogers Sugar strike negotiations hit impasse over company’s demand for 24/7 operations

admin3 years ago3 years ago03 mins

Rogers Sugar Inc. says it is pausing negotiations after the union representing striking workers at its Vancouver refinery rejected the…

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  • Business

Tesla recalling over 2 million cars in the U.S. and Canada over system that checks if drivers are alert

admin3 years ago09 mins

Tesla is recalling more than two million vehicles it sold in the U.S. and 193,000 sold in Canada to fix a defective…

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  • Business

Air Transat avoids strike after reaching tentative deal with flight attendant union

admin3 years ago05 mins

Air Transat and the union representing its flight attendants, a unit of The Canadian Union of Public Employees, have reached a tentative…

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  • Business

Dollarama sales, profit way up after growing total number of stores

admin3 years ago05 mins

If domestic manufacturers and suppliers keep pushing their prices up on food and several household goods, Dollarama Inc.’s chief executive…

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  • Business

U.S. Federal Reserve leaves key interest rate unchanged, expects 3 rate cuts in 2024

admin3 years ago09 mins

For a third straight time, the U.S. Federal Reserve kept its key interest rate unchanged Wednesday, as it signalled its expectations to…

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  • Business

COP28 reaches groundbreaking climate deal in Dubai calling for ‘transitioning away from fossil fuels’

admin3 years ago010 mins

After negotiators worked through the night, a new deal has been reached at COP28 which could signal the world’s desire to…

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  • Business

Toymaker Hasbro will cut 900 jobs in addition to earlier layoffs

admin3 years ago04 mins

Hasbro said on Monday it would cut another 900 jobs globally, nearly a year after the toymaker announced it would…

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  • Business

SmileDirectClub shuts down months after filing for bankruptcy protection

admin3 years ago07 mins

SmileDirectClub is shutting down just months after the struggling teeth-straightening company filed for bankruptcy protection. In a Friday announcement, the…

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  • Business

Indigenous advisory council for CN resigns, says railway won’t accept responsibility

admin3 years ago08 mins

A council of prominent Indigenous leaders tasked with advising Canadian National Railway Co. has resigned over what they say is…

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  • Business

Helium startups on the Prairies hope to keep domestic supplies afloat

admin3 years ago011 mins

To the untrained eye, the collection of pipes and structures rising out of the prairie 200 kilometres east of Calgary…

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  • Business

U.S. ‘beginning’ internal discussions about renewing North American trade pact

admin3 years ago3 years ago014 mins

For anyone with lingering night terrors from the last renegotiation of NAFTA, the notion of reopening the pact might evoke…

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  • Business

McDonald’s eyes record global expansion in coming years, with more focus on delivery

admin3 years ago011 mins

McDonald’s is expecting to go through a growth spurt. The Chicago-based burger giant wants to establish thousands of new locations around…

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  • Business

Time’s up for some short-term rentals in B.C. as new housing rules look set to transform scene

admin3 years ago018 mins

Nancy Paine’s short-term rental business is dead in the water. As co-founder and CEO of Victoria-based Superhost, Paine said she…

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  • Business

Deal to lower Visa, Mastercard processing fees will come up short for many retailers, critics say

admin3 years ago09 mins

The federal government says it has hammered out the final details with Visa and Mastercard to lower credit card transaction…

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  • Business

Canada Bread blames former owner Maple Leaf Foods for price-fixing scheme

admin3 years ago03 mins

The bread supplier that admitted to price-fixing earlier this year says any anti-competitive behaviour it participated in was at the…

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  • Business

Grocery code of conduct will raise prices, not lower them, Loblaws and Walmart tell lawmakers

admin3 years ago011 mins

The head of Canada’s biggest grocery chain says the looming implementation of the grocery code of conduct would lead to…

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  • Business

Wall Hangings That Elevate Your Interiors Like No Other

admin3 years ago05 mins

Wall Hangings That Elevate Your Interiors When it comes to home decor, nothing can elevate the look of a room…

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  • Business

CIBC fined $1.3M for failing to comply with money laundering and terrorist financing rules

admin3 years ago02 mins

Canada’s financial intelligence agency says it has levied a $1.3-million penalty against CIBC for non-compliance with money laundering and terrorist…

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  • Business

Soaring cost of baby formula puts extra pressure on new parents

admin3 years ago010 mins

When it comes to feeding her newborn son, Ashleigh Ottley knows it takes a village. Unable to produce enough breast milk after…

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  • Business

As expected, Bank of Canada holds interest rate steady at 5%

admin3 years ago05 mins

The Bank of Canada decided to keep its benchmark interest rate steady at five per cent. The move was widely…

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  • Business

Products returned to Amazon found at Toronto liquidation stores — along with buyers’ personal info

admin3 years ago013 mins

Ottawa resident Arthur Stewart said he was “surprised” and “concerned” to learn a package he returned to Amazon’s fulfilment centre…

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  • Business

RBC handed $7.4M penalty from financial intelligence agency

admin3 years ago02 mins

Canada’s financial intelligence agency has levied a $7.4-million penalty against the Royal Bank of Canada for non-compliance with anti-money laundering…

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  • Business

Canada’s grocery sector among the most competitive on Earth, claims Sobeys CEO

admin3 years ago07 mins

The top executive at Sobeys asserted on Monday that Canada has one of the most competitive grocery retail sectors on…

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  • Business

Mastermind Toys to close 18 stores, will sell bulk of its business to Unity Acquisitions

admin3 years ago06 mins

Ailing toy retailer Mastermind GP Inc. says it has reached a deal to sell the bulk of its business to…

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  • Business

Israel’s war with Hamas brings renewed focus to BDS movement and role of boycotts to effect change

admin3 years ago012 mins

As the war between Israel and Hamas rages on, consumers and corporations are being drawn into the fight by way…

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  • Business

Charlie Munger, Warren Buffett’s right-hand man, dies at 99

admin3 years ago011 mins

Charlie Munger, who helped Warren Buffett build Berkshire Hathaway into an investment powerhouse, has died at a California hospital. He…

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  • Business

Federal government reaches deal with Google on Online News Act

admin3 years ago011 mins

Google and the federal government have reached an agreement in their dispute over the Online News Act that would see…

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  • Business

Canada added 25,000 jobs last month, StatsCan says

admin3 years ago02 mins

Canada’s economy added 25,000 new jobs in November, Statistics Canada reported Friday. Despite the slight increase in jobs, the unemployment…

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  • Business

BMO raises dividend, even as profits slump and loan loss provisions increase

admin3 years ago03 mins

BMO Financial Group raised its dividend as it reported its fourth-quarter profit fell compared with a year ago. The bank…

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  • Business

Canopy Growth books $30M from sales of Biosteel assets

admin3 years ago02 mins

Business Canopy Growth Corp. says the aggregate gross proceeds from selling off its sports drink business total $30.4 million. Company…

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  • Business

Canada’s economy shrank by 0.3% in third quarter, StatsCan says

admin3 years ago3 years ago04 mins

Canada’s economy shrank in the three months up to September, as household spending was flat and exports declined. Statistics Canada…

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  • Business

Bad loans piling up at big banks as TD, Royal and CIBC reveal quarterly numbers

admin3 years ago04 mins

Three of Canada’s biggest lenders posted quarterly earnings on Thursday, and as was the case at Scotiabank earlier in the…

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  • Business

Canadian oil and gas execs to talk up emissions reduction plans at COP28

admin3 years ago3 years ago09 mins

Executives and senior leaders from Canada’s oil and gas sector are heading to Dubai for the upcoming United Nations COP28…

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  • Business

GM scales back electric vehicle and self-driving car plans as new labour deals will cost it $10B

admin3 years ago07 mins

General Motors said it is pumping the brakes a little on its plans for electric vehicles and self-driving cars as new…

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  • Business

Scotiabank profit falls as bank sets aside almost $1.3B to cover bad loans

admin3 years ago08 mins

The Bank of Nova Scotia said its profit slumped in the fourth quarter for a variety of reasons, including doubling…

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  • Business

Panama vows to shut down First Quantum after top court rules against Canadian mining firm

admin3 years ago09 mins

Panama’s president said Tuesday that Canadian miner First Quantum’s lucrative copper mine, Cobre Panama, would be shut down, hours after the…

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