Canada’s gross domestic product was essentially unchanged in July, as the service sector expanded slightly while goods-producing industries shrank. Statistics Canada reported Friday that the total value of Canada’s entire … Read More
Yoga wear giant Lululemon has struck a deal with smart exercise bike company Peloton that will see the two companies stop fighting on each other’s turf and instead work together to sell … Read More
Hyundai and Kia are recalling more than 600,000 vehicles in Canada and millions more in the U.S. due to a problem with the anti-lock braking system that can start a fire. … Read More
Epic Games, the maker of the popular video game Fortnite, is laying off about 870 employees, roughly one-sixth of its staff. The job cuts at the North Carolina-based company were announced in a … Read More
The federal government is making an additional $20 billion in financing available for developers looking to build rental units. Finance Minister Chrystia Freeland announced Tuesday that Ottawa will raise the … Read More
Alberta’s population continues to soar, according the latest Statistics Canada report, notching not only the highest net interprovincial gains ever recorded for the province, but also for any single province since such data started being … Read More
It’s smart, efficient and gaining speed. In fact, you might be surprised to hear how much of the workload artificial intelligence can already handle at St. Michael’s Hospital in Toronto. … Read More
The surge in international migration is driving Canada’s population growth rate to heights not seen in almost 70 years, and Alberta is now growing faster than any province has since … Read More
A “glass half full” report from the International Energy Agency out Tuesday does its best to be encouraging about the world’s attempts to keep the planet from burning up. But while … Read More
The federal government says it plans to review the $8-billion sale of Canadian-based grain-handling firm Viterra to a foreign conglomerate. Viterra is controlled by multinational commodities giant Glencore, which bought the company … Read More
The U.S. Federal Trade Commission (FTC) filed a long-awaited antitrust lawsuit against Amazon.com on Tuesday, charging the online retailer with harming consumers through higher prices in the latest U.S. government … Read More
General Motors will be the next target company for Unifor’s bargaining with the Detroit Three automakers, national president Lana Payne announced Monday. Talks will begin Tuesday, Payne said in an … Read More
Cross Country Checkup1:51:49Is it fair to increase immigration when housing is scarce? Ankita Goel was optimistic when she decided to leave her management consulting job in Mumbai in 2019 to … Read More
The Canadian economy is headed for a rough patch. Growth has already slowed considerably. Job growth has moderated. Inflation remains stubbornly high. But the pain households are feeling today is … Read More
If the more bullish forecasts prove accurate, a return to triple-digit oil prices could be just around the corner. We’ve been there before — including last year, on repeated occasions from 2011-14 and … Read More
The co-founder of a new accelerator for Indigenous entrepreneurs said successful First Nations business owners kept telling her they wanted to grow but felt stuck on a plateau. “There was this … Read More
Canadian autoworkers have voted to accept a new three-year contract with automaker Ford, according to Unifor. The deal contains wage increases, signing bonuses and reactivates a cost-of-living allowance. “The ballots have … Read More
Cost of Living8:33Play now, pay later If Rafael Figueroa wants to play basketball this year, it will have to be on the actual hardwood. He says he’s not buying this … Read More
As Albertans weigh whether a provincial pension plan is a better alternative than staying with the almost 60-year-old Canada Pension Plan (CPP), CBC looked into how such a separation could work. How does … Read More
Credit- and debit-processing firm Moneris confirmed it experienced a network outage on Saturday amid widespread reports of problems with customer payment terminals in several parts of Canada. In an email … Read More
The Ford Motor Co. of Canada offered a 10 per cent wage increase in the first year of its tentative agreement with Unifor, followed by increases of two per cent and three per … Read More
A growing number of forecasts are calling for the return of $100 US oil before the end of the year — a prospect that could put even more pressure on … Read More
As It Happens5:59Authors launch lawsuit accusing Open AI of pirating their books to train ChatGPT When novelist Douglas Preston first saw ChatGPT, he decided to do a little experiment. He … Read More
American autoworkers will strike at 38 more supplier plants as of noon Friday, the union representing workers announced, citing little progress in negotiations with two of the three Detroit automakers. … Read More
Amazon Prime Video users will see ads on shows and movies from early next year unless they subscribe to an ad-free tier that would cost more, the tech giant said … Read More
As Canadians celebrate this month’s fall in food prices and politicians join the national sport of shaking their fists at grocery store owners, it might be time to listen to … Read More
Cisco Systems has agreed buy cybersecurity firm Splunk for about $28 billion US in its biggest-ever deal to beef up its software business and capitalize on the rising use of … Read More
Rupert Murdoch has stepped down as the chairman of Fox Corp. and News Corp., ending a more than seven-decade career during which he created a media empire spanning from Australia … Read More
Adidas CEO Bjorn Gulden said he doubts that Ye, the artist formerly known as Kanye West, “meant what he said” when he made a series of antisemitic and other offensive … Read More
The union representing thousands of autoworkers in Canada says a strike deadline for Ford workers that passed at midnight will be extended another 24 hours as the union considers a new offer. “The union … Read More
The list of creditors to insolvent sports drink company BioSteel is a high-profile lineup of companies small and large, with the heart of the order featuring prominent pro sports franchises, … Read More
The U.S. Federal Reserve held interest rates steady on Wednesday but stiffened its hawkish stance, with a further rate increase projected by the end of the year and monetary policy … Read More
Japan plans to import millions of tons of ammonia in the next few years in a push to decarbonize that country’s power generation — an initiative that could present a big … Read More
As hundreds of oil and gas executives and government representatives descend on Calgary for the World Petroleum Congress, a delegation from Saudi Arabia is warning of the consequences of ditching … Read More
Unifor and Ford have reached a tentative contract deal, averting a strike that would have seen around 5,600 Canadian workers hit the picket lines, and providing a roadmap for an agreement for … Read More
A former president and CEO of Sobeys Inc. is being remembered for his role in transforming the Stellarton, N.S., grocer from a regional business into a multi-billion dollar company. David Sobey’s death was … Read More
Canada’s inflation rate jumped higher last month, to an annual pace of four per cent, mostly because of an increase in gasoline prices. Statistics Canada reported Tuesday that the inflation … Read More
After decades of declining membership, unions seem to be having a moment in North America. Over the decades, the number of Canadian workers who belong to unions has shrunk. In 1981, … Read More
Bank of Montreal (BMO) is winding down its indirect retail auto finance business and shifting focus to other areas in a move that will result in an unspecified number of … Read More
After a brief retirement, Heather Reisman has been reinstated as CEO of Indigo, the book retailer she founded almost 30 years ago. The retailer announced the news in a press … Read More
What will you be doing only a decade from now when advanced versions of the artificial intelligence program ChatGPT have wormed their way into the fabric of life? According to some experts, you … Read More
Métro Média will declare bankruptcy this week, permanently ending its coverage of local government in parts of the province’s two largest cities, the head of the Quebec newspaper publisher said … Read More
“How much do you make?” The once-taboo question is becoming increasingly common, as more workers push to normalize pay transparency — or open conversations about salary — in an effort … Read More
The Chief of the Cold Lake First Nation said his community has concerns about a proposed carbon capture and storage network that’s the centrepiece of a plan by major oilsands … Read More
For better or worse, concrete is everywhere. As the second-most consumed material in the world, it’s in the roads you drive on, the foundation of your home and, oftentimes, the … Read More
Spark53:59The future of remote work Federico de Jesús is happy for remote workers to set up shop in Puerto Rico — as long as they pay their taxes. Even before … Read More
The federal government’s decision to eliminate the GST on purpose-built rentals is expected to add tens of thousands of units to the housing market. But it’s just the first step … Read More
U.S. consumer prices increased by the most in more than a year in August amid a surge in the cost of gasoline, but a moderate rise in underlying inflation could … Read More
A strike by thousands of U.S. autoworkers that started Friday will have limited impact on Canada’s industry at first, but it has the potential to bring the sector to its … Read More
Nordstar, the company that owns the Toronto Star and other newspapers, announced Friday that it is seeking bankruptcy protection for the unit that owns more than 70 local newspapers and … Read More
Producing a barrel of oil in Saskatchewan causes much higher emissions compared to the rest of Western Canada, and the province’s emissions intensity is getting worse, according to data compiled … Read More
The owner of sports drink company BioSteel says it has filed for creditor protection in the U.S. and Canada and is trying to find a buyer for the business. Ontario-based Canopy … Read More
The union representing Canada’s autoworkers is “meeting resistance” in ongoing talks with Ford Motor Company, the union’s national president said Thursday in an update to members, saying there has been little movement on … Read More
With a deadline looming just before midnight Thursday, the United Auto Workers union and Detroit’s three automakers remain far apart in contract talks and the union is preparing to strike. … Read More
Is your morning coffee free of charge because you bought it with a pre-paid card? Are you losing money if you walk past a retail sale without buying something? Is that item … Read More
The union representing WestJet cabin crew is demanding an apology from the airline after Conservative Leader Pierre Poilievre spoke on the public address system of a recent flight. A video … Read More
France’s radiation watchdog has banned sales of Apple’s iPhone 12 after tests that it said showed the smartphone breached European electromagnetic radiation exposure limits. The Agence nationale des fréquences (ANFR) … Read More
Canada’s national housing agency says progress is being made on building enough housing to fix the country’s affordability gap, but almost 3.5 million new units will still have to be … Read More
Although the pace of increase has come down ever so slightly, the price of rental accommodation in Canada continues to go up, with the average new tenant now being asked … Read More
Apple showed off its latest iterations in its product lineup on Tuesday, and while there were plenty of fancy new features for the company’s legions of power users to gush over, the biggest … Read More
Google will confront a threat to its dominant search engine beginning Tuesday when federal regulators launch an attempt to dismantle its internet empire in the biggest U.S. antitrust trial in … Read More
Food conglomerate J.M. Smucker said on Monday it will buy Twinkies-maker Hostess Brands in a $5.6 billion deal, as major U.S. packaged food companies look to expand their brand portfolios … Read More
All riders on Toronto’s subway system will have cellphone service starting Oct. 3, the Federal Minister of Innovation, Science and Industry announced on Monday. Speaking at a news conference at … Read More
Canada’s economy added 39,900 jobs last month, about twice as many as expected, but also only about half as many as would be needed to keep up with population growth. … Read More
There’s some, and one could stress some, point to the Conservative Party’s steady drumbeat. It’s inescapably true that the federal carbon tax makes life for Canadians more expensive — before … Read More
Thousands of Square and Cash App customers were unable to access their accounts or send money on Thursday and early Friday due to system outages impacting both payment services. Outage reports … Read More
The up-and-down year at Canadian book retailer Indigo took a new twist on Thursday as CEO Peter Ruis abruptly resigned. The company made the announcement in a media release Thursday … Read More
A report published Thursday says the rising costs of shelter and food in Nova Scotia have contributed to a large jump over the last year in what’s considered a living … Read More
The outrage sparked by a passenger incident involving a vomit-smeared airplane seat reflects a broader frustration with flight operations in Canada, travel specialists say. Meanwhile, the country’s public health agency … Read More
The Current19:54Rate hikes pushed her mortgage up $2,700 a month When Sarah Dueck and her husband bought a new house in Langley, B.C., two years ago, interest rates were low. … Read More
Air Canada says it has apologized to two passengers who were escorted off a plane by security after protesting that their seats were smeared with vomit. The airline said Tuesday … Read More
The Bank of Canada opted to hold its benchmark interest rate steady at five per cent as the economy is showing more and more signs of cooling. The move was … Read More
WestJet is experiencing “network-wide” delays with its flights on Wednesday, as the carrier says an outage with one of its outside technology partners has caused problems at multiple airlines. The Calgary-based … Read More
On Tuesday, Newfoundland and Labrador Premier Andrew Furey became the latest provincial leader to join the growing political chorus against another interest rate hike. Furey’s office released a letter to Bank of … Read More
The number of Canadian pilots seeking to fly in the United States tripled in 2022, according to previously unreported U.S. government data, raising fears of deepening shortages in Canada as … Read More
As soon as her company told employees they would have to return to the office part time, Amanda Nilsson started looking for a new job. “When they started mandating three … Read More
Ontario Premier Doug Ford is asking the Bank of Canada to stop hiking interest rates, saying Ontario families and businesses are struggling to get by and can’t afford another increase. The … Read More
When planning a special five-week, overseas family vacation to celebrate her birthday and other milestones, Kelly Gillease was willing to splurge a bit on travel expenses to kick off the June … Read More
When Neil Pitman was trying to buy a new piece for his pressure cooker, he couldn’t believe the price difference between getting it shipped from the United States to his … Read More
Many agree we’re in the middle of a national housing crisis. So how did we get here? It depends on who you ask, but for many housing experts, affordability advocates … Read More
The federal government has put a price tag on what it would like to see Google and Facebook spend under an act requiring the tech giants to compensate media for … Read More
The Canadian economy appeared to stall in the second quarter as investment in housing continued to fall, led by a drop in new construction. Statistics Canada said Friday the economy contracted at an … Read More
Metro and Unifor have returned to the bargaining table a month after thousands of the grocer’s employees went on strike across Toronto, the union said. Just hours earlier, an Ontario … Read More
Canada’s conventional natural gas and oil producers cut greenhouse gas emissions by 24 per cent while increasing output 21 per cent from 2012 to 2021, an oil industry group said on Thursday, … Read More
Workers from 27 Metro stores in the Greater Toronto Area have a new collective agreement after a month-long strike. The workers, represented by Unifor, voted to ratify a second tentative deal just … Read More
In what could be the most powerful fast-fashion alliance yet, Chinese e-commerce juggernaut Shein has struck a deal with Forever 21. The agreement will allow the popular online fashion retailer to sell … Read More
There are more options to stream TV shows, movies and music these days — from Netflix to Crave, Paramount+ to BritBox, and Rogers Sportsnet Now to Spotify. But as those subscriptions … Read More
As It Happens6:30Burger King must defend its whopper size in court. Other fast food chains may follow Anthony J. Russo says his firm’s lawsuits against four fast food giants is … Read More
Metro Inc. and Unifor have reached a tentative agreement, just over a month after thousands of the grocer’s employees went on strike across the Greater Toronto Area, the company announced Wednesday. The … Read More
Canada’s merger court has ordered the Competition Bureau to pay about $13 million to Rogers Communications and Shaw Communications for the lengthy court battle after its failed attempt to block … Read More
Readers consuming the flood of media reports on the dire state of China over the last few weeks may be convinced that the country’s economy is doomed. And perhaps not just the economy. China scholar … Read More
Unifor has chosen the Ford Motor Company of Canada Ltd. as the target for negotiations as the union looks to work out new contracts for autoworkers. “I was encouraged by Ford … Read More
Recent statements by the CEO of a major oilsands company further the case for federal regulations to cap greenhouse-gas emissions in the oil and gas sector, Environment Minister Steven Guilbeault … Read More
Toronto The Alcohol and Gaming Commission of Ontario has banned the use of athletes in the advertising and marketing of internet gaming in Ontario. New regulation comes into effect in … Read More
At a school in Moncton, N.B., the doors to the gymnasium opened at 9 a.m. sharp on Aug. 19. Inside, students, parents and community members were greeted by a spread of second-hand … Read More
Workers at a trio of major automakers have voted overwhelmingly in favour of allowing their union to call a strike if bargaining committees can’t secure new collective agreements in the … Read More
Anyone looking for firm direction from the world’s most powerful central banker in his much-anticipated speech on Friday in Jackson Hole, Wyo., will inevitably be disappointed. Investors may be glad that U.S. Federal … Read More
James Mathelier says he’s had many sleepless nights in the past four months after falling prey to a costly phone scam. Now, out thousands of dollars, the Toronto man is speaking … Read More
Facial tissue brand Kleenex will soon be no more in Canada, as the company that makes the famous facial wipes has decided to exit the business in this country. Kimberly-Clark, … Read More
Like many Calgary teenagers, 16-year-old Ostap Khudych is working a summer job this year. Unlike a lot of those teenagers, he’s not babysitting, mowing lawns or scooping ice cream. Instead, … Read More
