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CBC Business News

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Updated: 1 hour 3 min ago

Hundreds of Rogers, Bell and Telus customers angry prices can increase during contract

Mon, 2024-11-04 01:00

A Go Public investigation into telco contracts has prompted hundreds of frustrated customers from all the big providers to ask why contracts can have language that locks them in for two to three years while allowing prices to increase. A contract law expert says the CRTC should investigate.

Categories: Business News

Federal draft rules require oil and gas sector to cut emissions 35% below 2019 levels

Mon, 2024-11-04 01:00

The federal government unveiled draft regulations Monday that will impose a greenhouse gas cap on the oil and gas sector that limits emissions to 35 per cent below 2019 levels.

Categories: Business News

Union for B.C. foremen accuses port employers of 'acting recklessly' with threat of lockout

Sun, 2024-11-03 19:07

A standoff between hundreds of foremen and their employers means B.C.'s ports could once again come to a standstill as early as Monday morning. The industry says job action could shut down the entire West Coast port system and risk hundreds of millions of dollars of trade per day.

Categories: Business News

Canada Post, union talks ongoing with no strike notice but CUPW says it could be issued if talks break down

Sun, 2024-11-03 14:02

The Canadian Union of Postal Workers could have been in a legal strike position as of Sunday, after a cooling-off period in the contract talks ended the day before. The Crown corporation presented its latest offer last week, but failed to impress the union.

Categories: Business News

Menopause could be the wellness industry's new gold rush — but experts say the products may just be hype

Fri, 2024-11-01 06:00

From skin care to supplements to special snacks, menopause may be a new gold rush in the wellness industry. After years of being overlooked, these women are now staring down an avalanche of products marketed to them, promising relief. But experts warn the results often don't live up to the hype.

Categories: Business News

Struggling with high pet med costs? Canada's competition watchdog calls for more choice and affordable options

Fri, 2024-11-01 00:00

A new report from Canada’s monopoly watchdog says pet owners deserve more choice and competitive prices for pet medications.

Categories: Business News

Air Canada promised to become more accessible. But hidden cameras show it's still falling short

Fri, 2024-11-01 00:00

A year ago, Air Canada promised make the flying experience more accessible for passengers with disabilities, but a Marketplace investigation found it's still falling short when it comes to staff training, boarding procedures and the availability of lift equipment.

Categories: Business News

How the U.S. election could impact the loonie and your investments

Fri, 2024-11-01 00:00

Canada and the U.S. are each other's largest trade partners with about $3.6 billion worth of goods and services crossing the border each day.

Categories: Business News

Striking dockworkers shut down 2 Port of Montreal terminals

Thu, 2024-10-31 12:12

The union began its latest strike at 11 a.m., affecting the two terminals operated by the company Termont. The latest strike involves up to 320 workers.

Categories: Business News

U.S. Senator Elizabeth Warren says TD executives were let off easy in money laundering settlement

Thu, 2024-10-31 11:47

A U.S. senator is raising concerns that TD Bank Group executives did not face charges as part of the bank's settlement over its failure to detect large-scale money laundering.

Categories: Business News

Canadian economy flat in August, likely missed central bank's 3rd quarter growth forecast

Thu, 2024-10-31 06:47

The Canadian economy was flat in August as high interest rates continued to weigh on consumers and businesses, while a preliminary estimate suggests it grew at an annualized rate of one per cent in the third quarter.

Categories: Business News

Calgary's red-hot rental market may be cooling

Thu, 2024-10-31 03:00

Data from Rentals.ca shows rents in Calgary have dipped for two months in a row, and some in the industry say the peak of the hot rental market may be in the rear-view mirror.

Categories: Business News

Inside the financially risky world of making indie horror movies

Thu, 2024-10-31 00:00

Longtime horror fans are delighted to see murderous monsters enjoying broader mainstream acceptance. But filmmakers say success in the genre is hard to come by, and that creating nightmare-inspiring movies can itself be risky and scary.

Categories: Business News

Are some rents in Canada part of a price-fixing scheme?

Thu, 2024-10-31 00:00

One large Canadian landlord has stopped using software to help set rent prices after CBC News began an investigation. The software is called YieldStar, and it's under federal investigation in the United States and the subject of a lawsuit from the Department of Justice for collusion, price-fixing and artificially inflating American rents.

Categories: Business News

As sales drop, Starbucks is killing extra charges for non-dairy options

Wed, 2024-10-30 13:30

Starbucks will stop charging customers an extra fee for substituting dairy milk with a non-dairy alternative, the company announced on Wednesday, part of a series of changes the company says it's trying out to boost a global drop in sales.

Categories: Business News

The Canadian CEO Giving Alex Jones and Andrew Tate a platform

Wed, 2024-10-30 12:42

Rumble is an anti-censorship YouTube alternative that hosts Alex Jones and Andrew Tate that was founded by Canadian Chris Pavlovski. It’s now suing Check My Ads, an ad watchdog founded by Canadian Claire Atkin.

Categories: Business News

Canada Post presents latest offer in union negotiations after last week's strike mandate

Wed, 2024-10-30 08:32

Canada Post has presented its latest contract offer in labour negotiations with Canadian Union of Postal Workers (CUPW) less than a week after the union received a strike mandate from workers.

Categories: Business News

Canadian oil exports to U.S. rise to record high

Wed, 2024-10-30 08:27

Canadian oil exports to the United States have reached a record high, buoyed by completion of the Trans Mountain expansion pipeline.

Categories: Business News

How high-speed rail would change Ontario and Quebec — if it actually happens

Wed, 2024-10-30 00:00

A high-speed rail line linking Canada’s two largest cities, Montreal and Toronto, has been the stuff of dreams — and political campaigns — for decades. But will it actually happen any time soon? And what could it look like if it does?

Categories: Business News

CRA duped in $40M bogus tax refund case. Why did it take a big bank to notice?

Wed, 2024-10-30 00:00

In 2023, a Canadian taxpayer logged into his Canada Revenue Agency account, falsely amended previous tax returns and wrongly claimed he was owed more than $40 million in refunds. Without verifying any of the newly filed tax slips, the Canada Revenue Agency authorized the payments and began making the initial instalments, according to sources.

Categories: Business News

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