CBC Business News

A B.C. Supreme Court judge has ordered WestJet to stop telling passengers there's a limit to how much they can claim for expenses incurred by flight delays and cancellations. The injunction was issued Friday ahead of a trial next year over allegations of deceptive business practices.

Quebec Premier François Legault is warning the Americans they will pay the price if President Donald Trump goes ahead with tariffs on Canadian exports — particularly the province's aluminum.

Canada's economy contracted more than expected in November, as activity across a majority of sectors shrank due to work stoppages across inland transportation and at ports, Statistics Canada said on Friday.

The American public dislikes them, along with business leaders, many Republicans and nearly all experts. But Trump has a zeal on the import taxes, and surrounding himself with like-minded figures.

Threats by two premiers to ban U.S alcohol if Washington imposes its threatened 25 per cent tariffs has domestic buyers and sellers calling for a loosening of interprovincial barriers.

The federal government confirmed on Friday it's reversing course on increases to the capital gains tax that were announced in the last federal budget after initial reporting from CBC News on Thursday.

U.S. President Donald Trump says he will decide Thursday night if oil will be a target of the hefty tariffs he's threatening to impose on Canadian goods.

Canada Mortgage and Housing Corporation says high housing costs are restricting population mobility in the country, as Canadians are finding that it's too pricey to buy or rent in cities where they seek jobs.

Walmart Canada says it will spend $6.5 billion over the next five years as it opens dozens of new stores.

The American economy ended 2024 on a solid note, with consumer spending continuing to drive growth. GDP grew by 2.8 per cent, compared with 2.9 per cent in 2023.

Shell is swapping its remaining 10 per cent stake in the Albian mines in exchange for a 10 per cent interest in the Scotford upgrader and Quest CCS facility.

Tensions are rising between Safeway and its Alberta workers as the company looks to claw back a wage increase after negotiations on a new collective agreement hit a standstill.

Starbucks is planning to cut its food and beverage offerings by 30 per cent over the course of this year to simplify operations and speed up service.

Canada's central bank lowered its interest rate by 25 basis points to three per cent on Wednesday, as the Bank of Canada governor warned there is little he can do to negate the economic impact of U.S. tariffs imposed on Canadian imports.

The U.S. Federal Reserve is expected to hold interest rates steady on Wednesday as it awaits further inflation and jobs data and more clarity on the economic impact of President Donald Trump's policies before deciding whether to cut borrowing costs again.

The Chinese-made AI chatbot DeepSeek may not always answer some questions about topics that are often censored by Beijing, according to tests run by CBC News and The Associated Press, and is providing different information than its U.S.-owned competitor ChatGPT.

The company expects losses will narrow with its battery-powered vehicles, a reorganization of the China business will lead to improved results, and GM is ending robotaxi development at Cruise, its autonomous vehicle unit, which will lead to savings.

Canada Post bosses and the Canadian Union of Postal Workers squared off in a downtown Ottawa hotel on Monday, the first day of hearings at the industrial inquiry commission convened by the labour minister.

A Canadian farm goods store chain is closing all its stores and seeking creditor protection, putting an end to days of speculation about the chain's future from its customers, who now have to look for alternatives.