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Updated: 4 min 39 sec ago

Why hand sanitizers keep being recalled; COVID-19's effect on small business: CBC's Marketplace cheat sheet

7 hours 39 min ago

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

Lebanon's economic crisis, latest Canada-U.S. trade spat | Business Panel

Sat, 08/08/2020 - 11:18

Our weekend business panel discuses the unprecedented economic crisis in Lebanon following this week's deadly explosion in Beirut. Plus, Ottawa is imposing retaliatory tariffs on U.S. goods in response to President Donald Trump's decision to restore a 10 per cent tariff on Canadian aluminum imports. Is Canada headed for another trade war with the U.S.?

Enerplus restarting North Dakota production despite threat to pipeline

Fri, 08/07/2020 - 12:01

Enerplus Corp. says it has restored North Dakota crude oil production halted during the pandemic-linked oil price crash in May despite a court ruling last month that the Dakota Access Pipeline must be shut down.

Shoppers will be reluctant to browse until there's a COVID-19 vaccine, Indigo CEO says

Fri, 08/07/2020 - 11:52

Canadian customers likely won't start frequenting stores for items not on their shopping list until there's a vaccine for COVID-19, Indigo Books & Music Inc. founder and chief executive said Friday.

Walmart will require masks in all its Canadian stores starting Aug. 12

Fri, 08/07/2020 - 09:36

Walmart Canada will require all customers and staff to wear a mask or other type of face covering in its stores nationwide, starting Aug. 12.

U.S. added 1.8M jobs in July as recovery from COVID-19 continues, but slowly

Fri, 08/07/2020 - 06:08

U.S. employment growth slowed considerably in July amid a resurgence in new COVID-19 infections, offering the clearest evidence yet that the economy's recovery from the recession caused by the pandemic was faltering.

Canada added 419,000 jobs in July, but is still 1.3M below pre-COVID-19 levels

Fri, 08/07/2020 - 05:48

Canada's economy added 419,000 jobs in July and the jobless rate dropped to 10.9 per cent.

Fraudsters create fake Canadian company, steal foreign website to victimize job seekers

Fri, 08/07/2020 - 01:00

A Toronto woman thought she had taken all the right steps to avoid a job scam. She didn't know that the company that hired her, which she thought was Canadian, was fake and using a stolen Ukrainian website.

U.S. slaps 10% tariff on aluminum imports from Canada

Thu, 08/06/2020 - 13:22

The administration of U.S. President Donald Trump has implemented a tariff of 10 per cent on aluminum imported from Canada.

BCE profit falls 70% as COVID-19 took a bite out of revenues

Thu, 08/06/2020 - 13:09

The parent of Bell Canada saw its net profit fall nearly 70 per cent from the same period last year due to the pandemic's impact on economic activity and customer demand, but said Thursday that it's well-positioned to withstand the headwinds.

Black and racialized Canadians underrepresented on corporate boards, study finds

Thu, 08/06/2020 - 11:18

Black and racialized people are under-represented and sometimes non-existent on boards in eight major cities across Canada.

Sales at Tim Hortons owner fell 31% during pandemic, Restaurant Brands earnings show

Thu, 08/06/2020 - 08:08

Restaurant Brands International Inc., the company that owns Tim Hortons, saw the pandemic take a big bite out of earnings last quarter, with sales down 31 per cent year over year despite a rebound during the past month as commuters return to the roads.

Another 1.2 million Americans filed for state jobless benefits last week after federal program expired

Thu, 08/06/2020 - 06:55

Nearly 1.2 million laid-off Americans applied for state unemployment benefits last week, evidence that the coronavirus keeps forcing companies to slash jobs just as a critical $600 weekly federal jobless payment has expired.

CNRL beats expectations despite loss and halving of revenues

Thu, 08/06/2020 - 06:54

Canadian Natural Resources Ltd. beat analyst expectations despite swinging to a loss in its latest quarter on a halving of revenues.

The 'shop local' message is everywhere, but it's tough resisting deals during a pandemic

Thu, 08/06/2020 - 01:00

The shop local movement has been turbocharged by the pandemic, with a wide range of groups urging Canadians to support their neighbourhood businesses. But, given the impact of the crisis on household finances, can consumers afford to consider anything but finding the lowest price?

Instagram launches TikTok copycat, which it is calling Reels

Wed, 08/05/2020 - 12:07

Facebook's Instagram is officially launching its answer to the hit short video app TikTok — Instagram Reels.

Canada's trade deficit widens to $3.2B in June

Wed, 08/05/2020 - 11:58

Canada's trade deficit rebounded sharply in June as the movement of motor vehicles and parts revved up with a resumption of production after months of COVID-19 lockdowns.

Why mysterious seed packages showing up in Canadian mailboxes could be a 'brushing' scam

Wed, 08/05/2020 - 07:48

Packages of mysterious seeds that have been making unsolicited appearances in mailboxes across North America are drawing attention to an online review scam that has recently appeared in Canada.

A record number of companies have sought creditor protection under COVID-19 — and more are on the way

Wed, 08/05/2020 - 01:00

The number of large Canadian businesses seeking protection from creditors hit its highest point in more than a decade in May and June, and experts say even more are likely on the way because of COVID-19.

Virgin Atlantic airline files for U.S. bankruptcy protection

Tue, 08/04/2020 - 18:28

Virgin Atlantic airline filed for Chapter 15 bankruptcy protection in New York on Tuesday as the COVID-19 pandemic hammers the airline industry.

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