CBC Business News

Canadian fans are tallying up the cost of a flight, hotel and ticket, and are finding that travelling to Europe to see Taylor Swift in concert may be better bang for their buck than seeing the show on Canadian soil.

Loblaw Companies Ltd. says it's ready to sign on to the grocery code of conduct as long as other industry players do, too, paving the way for an agreement that's been years in the making.

Some retailers are beefing up anti-theft measures, such as locking the wheels on shopping carts, that have raised the ire of shoppers. Loblaw and an industry group says retailers are fighting a rise in organized crime.

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.

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 the Canadian Real Estate Association and the Canada Mortgage and Housing Corporation.

Boeing has violated a settlement that allowed the company to avoid criminal prosecution after two deadly crashes involving its 737 Max aircraft more than five years ago, the Justice Department told a federal judge on Tuesday.

Companies like OpenAI and Google are trying to dominate the quickly emerging market for AI systems where people can ask questions of a computer — and get answers in the style of a human. But experts warn this could mean users must be more careful to verify the accuracy of AI responses.

A small city nestled in southern Ontario's Niagara Region will be home to a new $1.6-billion electric vehicle battery plant. Politicians at the announcement on Tuesday didn't say how many jobs the plant will produce or who will get them.

The U.S. plans to slap new tariffs on Chinese electric vehicles, advanced batteries, solar cells, steel, aluminum and medical equipment — an election-year move that's likely to increase friction between the world's two largest economies.

Frito Lay Canada is recalling two of its most popular snacks due to a possible risk of salmonella contamination.

ChatGPT maker OpenAI said on Monday it would release a new AI model called GPT-4o, capable of realistic voice conversation and able to interact across text and image, its latest move to stay ahead in a race to dominate the emerging technology.

The man at the centre of the pandemic meme stock craze appeared online for the first time in three years, sending the prices of the quirky and volatile shares sharply higher on Monday.

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.

Arthur Irving, the hard-charging New Brunswick billionaire who ran Canada’s largest oil refinery, has died at the age of 93.

Melinda French Gates said on Monday she is stepping down as co-chair of the Bill & Melinda Gates Foundation, one of the largest private charitable organizations in the world.

The next Ontario community to share in Honda Canada's $15-billion investment to establish a Canadian electric vehicle supply chain will be Port Colborne, in Niagara Region. Company executives are expected to join Prime Minister Justin Trudeau and Ontario Premier Doug Ford at the official announcement on Tuesday.

After a Toronto-area man said he was misled about the perks of signing up for a TD Bank account, it offered compensation but insisted he sign a non-disclosure agreement to get the money. The increased use of NDAs is a worrisome trend that is stifling freedom of expression, says one legal expert.

Some members of a prominent charity for the Canadian Black business community are calling for its board of directors to resign and for a third-party audit after discovering the non-profit paid two former board members’ companies at least $1.5 million for services while they were on the board or CEO of the charity. The Black Business and Professional Association says it has committed to an independent review.

The first Amazon warehouse to be unionized in Canada got its accreditation from Quebec's labour tribunal on Friday.

CBC's Marketplace rounds up the consumer and health news you need from the week.