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Business News

Dollarama reaches $2.5M settlement in class-action suit over pricing

CBC Business News - 1 hour 51 min ago

A proposed national settlement has been reached in a class-action lawsuit about prices advertised and charged by Dollarama for products subject to an Environmental Handling Fee. The settlement still has to be approved before any compensation is paid.

Categories: Business News

'A big positive shift': What economists say about Canada's inflation numbers

Financial Post TopStories - Tue, 2024-02-20 08:42
Cooling inflation may prompt the Bank of Canada to start cutting rates as early as June
Categories: Business News

Renting? You probably report lower quality of life than homeowners

CBC Business News - Tue, 2024-02-20 06:35

Statistics Canada says survey results over the last few years show renters are more prone to reporting a lower quality of life than homeowners, especially in Vancouver and Toronto.

Categories: Business News

Inflation rate slows more than expected, falling within the Bank of Canada's target range

Financial Post TopStories - Tue, 2024-02-20 06:33
Drop below 3% could prompt central bank to cut rate earlier
Categories: Business News

Canada's inflation rate slowed to 2.9% in January as gas prices fell

CBC Business News - Tue, 2024-02-20 05:38

Canada's annual inflation rate slowed to 2.9 per cent in January, according to data from Statistics Canada.

Categories: Business News

Posthaste: Canada's housing correction has likely run its course, say economists

Financial Post TopStories - Tue, 2024-02-20 04:59
Home prices should start to climb by mid-year — perhaps even sooner
Categories: Business News

Goldy Hyder: Government should celebrate, not attack Canadian companies' success

Financial Post TopStories - Tue, 2024-02-20 03:00
Ottawa says it wants Canadian businesses to invest in Canada, but warns those same companies returns on their investments may be capped
Categories: Business News

$350B in pandemic savings was supposed to give the economy a huge boost. It still hasn't happened

CBC Business News - Tue, 2024-02-20 01:00

The massive savings stockpile Canadians squirreled away is not being spent, so it can't be counted on to help the country avoid a possible recession this year.

Categories: Business News

Why Alberta is giving the tourism industry its own immigration stream

CBC Business News - Tue, 2024-02-20 01:00

As Alberta hopes to more than double the size of its tourism economy in the next decade, the province is taking a new step to fill labour gaps by giving the industry its own dedicated immigration stream. Some critics say it could have unintended consequences.

Categories: Business News

The 2024 tax season has arrived. Here's what you need to know

CBC Business News - Mon, 2024-02-19 13:07

Canadians can begin filing their income tax returns online as of Monday, with several changes in store for the 2024 tax filing season.

Categories: Business News

Railway workers warn 'work stoppage looms' after CN, CPKC seek conciliation

CBC Business News - Mon, 2024-02-19 10:33

The union representing more than 9,000 workers at Canada's two biggest railways says public safety is at stake as contract negotiations ground to a halt this month, with a potential strike on the horizon.

Categories: Business News

Closures and layoffs loom in 'tough time' for retailers — but glimmers of hope still exist

Financial Post TopStories - Mon, 2024-02-19 08:00
Watch: Bruce Winder, retail analyst, explains how retailers are managing, or not, in what is a difficult economic environment
Categories: Business News

Many Canadians are fed up with shrinkflation. So what's being done about it?

CBC Business News - Mon, 2024-02-19 01:00

An increasing number of countries are adopting regulations to ensure consumers are informed when a manufacturer shrinks its product. Some consumer advocates and shoppers would like the Canadian government to get on board.

Categories: Business News

Bad vibes about the economy can be protective, but there's a downside

Financial Post TopStories - Sun, 2024-02-18 06:00
Link between personal financial strain and powerlessness depends on people’ perceptions of economy
Categories: Business News

Why market bets on interest rate cuts are slipping

Financial Post TopStories - Sat, 2024-02-17 06:00
Watch: Earl Davis of BMO Global Asset Management unpacks why investors are scaling back their interest-rate-cut expectations
Categories: Business News

Thieves stole $1,000 in Optimum points from this woman. Here's how to safeguard your points

CBC Business News - Sat, 2024-02-17 01:00

As more people have their online account credentials leaked thanks to data breaches, the theft of reward points has become a challenging issue to solve, according to one expert. Because they have real cash value, loyalty points offer a potentially lucrative stream for thieves.

Categories: Business News

A wedding party had their suitcases ransacked. They want Sunwing to take responsibility

CBC Business News - Fri, 2024-02-16 14:25

Travelling with 40 wedding guests from Ocho Rios, Jamaica, an Ontario couple says that nearly half the group had expensive gadgets, fragrances and clothing stolen from their suitcases, and that the lining of their suitcases was left in tatters.

Categories: Business News

Loblaw, Walmart urged to sign grocery code or risk legislation

Financial Post TopStories - Fri, 2024-02-16 14:02
Both companies have said they will not sign the code, warning it could raise prices for Canadians
Categories: Business News
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