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A fresh reading of the runes on Canadian economy after a week of gloom: Don Pittis

Mon, 08/19/2019 - 01:00

New data this week will offer more clues about how long Canada can fend off the wave of fear bombarding the global economy.

WestJet faces federal inquiry after Edmonton couple bumped from flight

Sun, 08/18/2019 - 07:00

The Canadian Transportation Agency has begun an inquiry into WestJet policies and the case of an Edmonton woman who says she was bumped from a flight last month and is now being refused compensation she's entitled to under new passenger rights regulations. 

Dark web detectives and cannabis sommeliers: Here are some jobs that could exist in the future

Sun, 08/18/2019 - 01:00

Dozens of labour experts were recently asked to imagine possible jobs of the future. Some of the hypothetical professions on their list might surprise you.

Free mortgages and bond yields turn upside down: trade war impacts veer toward the wacky

Sat, 08/17/2019 - 01:00

The impacts of a simmering global trade war have been easy for most people to ignore so far. But a number of strange developments this week suggest the outlook for the world's economy is looking decidedly bleaker.

Inter Pipeline bid highlights bright spot in Canada's oil sector

Fri, 08/16/2019 - 07:53

A recent unsolicited bid for Inter Pipeline Ltd. has highlighted the potential of Canada's midstream companies to offer insulation from volatile oil prices.

Canntrust managers cease trade while company works out regulatory problems with Health Canada

Fri, 08/16/2019 - 07:49

CannTrust Holdings Inc. says the Ontario Securities Commission has approved a management cease trade order as the cannabis producer works to deal with its regulatory problems with Health Canada.

Donald Trump's latest real estate deal: Buying Greenland?

Fri, 08/16/2019 - 04:26

Danish politicians poured scorn on the idea of selling Greenland to the U.S. after reports President Donald Trump had privately discussed the idea of buying the world's biggest island with his advisers.

Cathay Pacific CEO resigns after Beijing pressure over employees in Hong Kong protests

Fri, 08/16/2019 - 03:01

The CEO of Cathay Pacific Airways resigned on Friday following pressure by Beijing on the Hong Kong carrier over participation by some of its employees in anti-government protests.

Mom, daughter kicked off Air Canada plane, not told they're banned from airline until it was too late

Fri, 08/16/2019 - 01:00

A Quebec woman wound up spending nearly $8,000 in airline tickets to fly herself and her daughter home after Air Canada kicked them off a plane and then didn't immediately inform them that they were banned from future Air Canada flights. 

CRTC lowers wholesale broadband rates to boost competition among providers

Thu, 08/15/2019 - 15:02

Canada's telecoms regulator says it has lowered the rates for wholesale broadband access as it looks to increase competition among internet providers.

Men twice as likely to consume cannabis as women, StatsCan survey suggests

Thu, 08/15/2019 - 10:51

Statistics Canada says Canadian men are almost twice as likely to use cannabis as women. New data from the National Cannabis Survey Thursday shows 16 per cent of Canadians over 15 years old report using pot in April, May or June.

Dashcams in cars proving helpful when bad things happen to good drivers

Thu, 08/15/2019 - 10:18

Dashboard cameras, commonly used in police cars and other emergency vehicles, are increasingly being installed in personal vehicles by motorists who want to bring along an impartial witness when they hit the road.

Canopy Growth shares fall 10% as cannabis company misses earnings expectations

Thu, 08/15/2019 - 10:07

Canopy Growth Corp. shares were down more than 10 per cent Thursday after the cannabis producer reported first quarter results that widely missed analysts' expectations.

Hibernia resuming production after 12,000-litre spill shut it down for nearly a month

Thu, 08/15/2019 - 09:56

Last month, 12,000 litres of oil and water spilled into the ocean from the Hibernia offshore oil platform. Production shut down that day.

Home sales rise for 5th month in a row in July, prices up 4% in past year

Thu, 08/15/2019 - 07:49

Canada's housing market is showing signs of coming out of the slumber it had been in since mortgage stress tests were implemented last year, as sales and prices have started to rise again, the Canadian Real Estate Association says.

GE shares sell off after Madoff whistleblower accuses company of $38B fraud

Thu, 08/15/2019 - 06:47

General Electric shares fell 5% on Thursday after Harry Markopolos, whistleblower in the Bernard Madoff Ponzi scheme case, alleged that company financial filings masked the depths of its problems.

Hong Kong airport protests are a warning that violence is bad for business: Don Pittis

Thu, 08/15/2019 - 01:00

The reason business uses Hong Kong as its access point to China is convenience. But violence and airport closures could prompt a search for alternatives.

Energy analyst calls on province to create new agency to monitor oil and gas industry ahead of LNG boom

Wed, 08/14/2019 - 23:21

A new report says B.C.'s Oil and Gas Commission has failed to adequately monitor industry activity in northeastern B.C., and is calling on the NDP government to create a new agency to regulate natural resource companies before an expected LNG boom takes off. 

Finance minister wants Equifax, Transunion to offer credit freezes for all Quebecers

Wed, 08/14/2019 - 16:58

Finance Minister Eric Girard announced his plan to regulate credit bureaus on Wednesday. It comes following a series of high-profile data breaches this summer.

Alberta, Saskatchewan say they have no plans to put anti-carbon tax stickers on pumps

Wed, 08/14/2019 - 13:50

Ontario's Progressive Conservative government has set Aug. 30 as a deadline for stations to have the stickers posted or face fines of up to $10,000 a day.

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