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Updated: 51 min 50 sec ago

Moody's upgrades credit rating outlook for Canada's major banks

1 hour 32 min ago

Rating agency Moody's raised its credit ratings outlook on Canada's major banks on Tuesday, just over 14 months after it lowered the ratings citing high debt levels and soaring house prices.

Trudeau asks transport minister to tackle Greyhound's western pullout

2 hours 3 min ago

Prime Minister Justin Trudeau says he's asked Transport Minister Marc Garneau to find solutions following Greyhound's withdrawal of bus service from western Canada.

Statistics Canada reports manufacturing sales up 1.4 per cent in May

2 hours 49 min ago

Statistics Canada says sales rose in 14 of 21 industries, led by the chemical, machinery, and wood product industries.

CRTC investigating 'possible misleading' telco sales practices after first rejecting the idea

9 hours 29 min ago

The CRTC has launched a public inquiry into "possible misleading or aggressive" sales practices used by telecom companies, a move the regulator flatly refused to make just six months ago.

1 in 6 Canadians struggling with finances, Angus Reid survey finds

10 hours 29 min ago

More than a quarter of Canadians are already facing serious financial hardship, according to the findings of a new study released today as part of an examination of poverty.

Tesla shares fall after Musk's spat with British diver

Mon, 07/16/2018 - 18:32

Shares of Tesla Inc fell 2.75 per cent after CEO Elon Musk directed abuse on Twitter at one of the British cave divers involved in the rescue of 12 Thai children last week.

'Strong but not stellar' quarter for Netflix shows higher profit, but slower subscriber growth

Mon, 07/16/2018 - 12:44

Netflix released second quarter earnings after stock markets closed on Monday, and while the streaming giant revealed it added fewer new customers than anticipated, it still added more than 5 million people to its customer base in the past three months.

U.S. launches tariff challenge at WTO against Canada, Mexico, Turkey, China and EU

Mon, 07/16/2018 - 07:42

The United States has launched five separate complaints at the World Trade Organization against Canada, China, the European Union, Mexico and Turkey, in response to retaliatory tariffs those countries and groups have launched against the United States.

Average house price fell 1.3% to $496,000 in past year, CREA says

Mon, 07/16/2018 - 06:35

Home sales increased last month for the first time this year, but average selling prices are still slightly lower than they were a year ago.

Canadian borrowers mustn't count on trade war to stop rising mortgage costs: Don Pittis

Mon, 07/16/2018 - 01:00

A trade war might be bad for the economy, but not bad enough to stop short-term hikes in U.S. and Canadian borrowing costs.

Compass Minerals and Unifor reach tentative deal in Goderich salt mine strike

Sun, 07/15/2018 - 07:15

Compass Minerals and the union representing striking Goderich salt mine workers have reached a tentative deal, days after both sides returned to the bargaining table.

Trucking industry facing driver shortage

Sun, 07/15/2018 - 01:00

People working in the trucking industry say a shortage of drivers is looming larger than ever and freight and logistics companies say they can't fill positions as fast as baby boomers are leaving them.

Remember the system access fee? Some are still paying it even as class action lawsuit looms

Sun, 07/15/2018 - 01:00

Thought that annoying system access fee was a thing of the past? Turns out, the saga isn’t over. Some people are still paying the controversial wireless phone charge. Meanwhile, a class action lawsuit targeting the fee is making its way to trial.

Greyhound replacements and plastic that detects E. coli: CBC's Marketplace consumer cheat sheet

Sun, 07/15/2018 - 01:00

CBC's Marketplace rounds up the consumer and health news you need from the week, including replacements for Greyhound in western Canada, researchers developing a plastic patch to detect meat contamination and Tim Hortons testing delivery.

New Tesla owners on hook for $14K after sudden end of electric car incentive program

Sat, 07/14/2018 - 14:23

Some Tesla customers say they now have to fork over an extra $14,000 for their new Model 3 electric cars because of Ontario's sudden decision to end an incentive program for electric and hydrogen vehicles.

Oil and parties do mix: $70-a-barrel crude keeps Stampede good times rolling

Sat, 07/14/2018 - 01:00

Rebounding oil prices mean Calgary is much more festive for this summer's edition of the Stampede compared to recent years.

Why Twitter is finally cracking down on fake accounts

Sat, 07/14/2018 - 01:00

Twitter's attempt to clean its service of fake and malicious accounts may be bad news for celebrities losing millions from their follower counts, but it's likely to be good news for the company in the long run, analysts say.

Hudson's Bay pulling Ivanka Trump clothing line due to lack of sales

Fri, 07/13/2018 - 13:31

The Hudson's Bay Company says it will no longer carry Ivanka Trump's clothing line at its stores and has already dropped the brand from its website.

Supreme Court rules B.C. doesn't have to disclose health records to cigarette maker

Fri, 07/13/2018 - 06:52

British Columbia does not have to hand over the detailed health care records of millions of people to tobacco company Philip Morris International, says Canada's top court.

Sure, we could spend 4% of GDP on the military — with huge cuts or tax hikes

Fri, 07/13/2018 - 01:00

Increasing military spending to four per cent of GDP would require unprecedented program cuts or huge tax increases.

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