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Updated: 1 hour 28 min ago

U.S. inflation rate rises to 13-year high of 5.4%

Wed, 10/13/2021 - 05:58

The inflation rate rose to a 13-year high in September as rising costs for food and shelter pushed the rate up to 5.4 per cent.

Cannabis has been legal almost 3 years, yet retailers say banks are shutting them out

Tue, 10/12/2021 - 05:00

As the third anniversary of Canada's legalization of cannabis approaches, retailers say they continue to struggle to find access to basic financial services from banks.

Zellers returns — kind of — but the lowest price isn't quite the law

Tue, 10/12/2021 - 01:00

Zellers returns as a pop-up inside an Ontario Hudson's Bay store, months after parent company HBC saw the discount department store's trademark removed from the government register.

What does the future hold for Calgary's empty office towers?

Mon, 10/11/2021 - 14:32

After a year-and-a-half out of the office, many Canadians aren't ready to go back — and they might not ever be ready.

Moderna won't share its COVID-19 vaccine formula

Mon, 10/11/2021 - 13:14

Moderna has no plans to share the recipe for its COVID-19 vaccine because executives have concluded that scaling up the company's own production is the best way to increase the global supply, the company's chairman said Monday.

Sweatpants forever? Why the 'athleisure' fashion trend may outlast the pandemic

Mon, 10/11/2021 - 01:00

Your sweatpant size isn't the only thing that might be ballooning in this pandemic — the number of stores selling them is expanding like an elasticated waistband.

Facebook to introduce features on Instagram that nudge young people to take breaks

Sun, 10/10/2021 - 15:07

Facebook, in the aftermath of damning testimony that its platforms harm children, will be introducing several features, including prompting teens using its photo-sharing app Instagram to take a break and nudging them if they repeatedly look at the same content that's not conducive to their well-being.

'We can move quickly': Airline CEO optimistic about mandatory vaccination policies

Sun, 10/10/2021 - 10:36

The head of a discount Canadian airline is on board with new mandatory COVID-19 vaccination policies in the federally regulated transportation sector.

Testing Best Buy; Calls for the 'right-to-repair' vehicles rev up: CBC's Marketplace Cheat Sheet

Sun, 10/10/2021 - 06:00

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

Ski resorts across B.C. desperate for staff as seasonal workers struggle to enter Canada

Sun, 10/10/2021 - 01:00

Heavily reliant on seasonal workers from all over the world to stay afloat, staff shortages are one of the biggest concerns facing B.C. ski resorts right now — especially as the pandemic continues to prove a roadblock for many trying to enter the country. 

This year's extreme drought could mean higher beer prices

Sun, 10/10/2021 - 01:00

The severe drought that scorched most of Canada’s west this year had a devastating effect on barley crops. That makes beer more expensive to make, and will ultimately drive up the price, brewers say.

Facebook whistleblower Frances Haugen could face legal retaliation for revelations

Sat, 10/09/2021 - 12:35

Facebook has recently taken a harsher tone toward whistleblower Frances Haugen, suggesting that the social network giant could be considering legal action after Haugen went public with internal research that she copied before leaving her job earlier this year.

157,000 new jobs in September gets Canada's economy back above pre-pandemic level

Fri, 10/08/2021 - 05:46

Canada's economy added 157,000 new jobs last month, Statistics Canada says, enough to put employment back above where it was before the pandemic started.

Fully vaccinated and ready to travel abroad? You might still face hurdles

Fri, 10/08/2021 - 01:00

Fully vaccinated travellers now get to skip quarantine when returning to Canada. But travelling abroad during the pandemic is still complicated — and not yet recommended by the government. Here’s what you should know before booking a trip.

Questions on inflation, jobs and housing reveal U.S. concerns on Canadian recovery

Fri, 10/08/2021 - 01:00

Amid longer lasting inflation, the potential fallout of a Canadian housing bubble and a slower path to jobs recovery, Tiff Macklem tries to reassure the U.S. Council on Foreign Relations that a few bumps won't hurt Canada's chances of recovering from the pandemic.

Brace yourself — gas prices are hitting records as global energy crisis arrives in Canada

Thu, 10/07/2021 - 10:32

An acute energy crisis is making its presence felt in North America as consumers are finally starting to feel the pinch of much higher prices to fill up their cars and heat their homes.

The latest COVID wave is firings, as offices reopen and unvaccinated workers face the music

Thu, 10/07/2021 - 05:44

Canada is facing a potential wave of terminations tied to mandatory workplace vaccine policies as a growing number of employers require workers to be fully inoculated against COVID-19 — or risk losing their jobs, legal experts say.

Energy sector tries to show next generation it's more than pumpjacks

Thu, 10/07/2021 - 01:00

There are a lot of conversations happening in Alberta these days about climate change and the future of energy. Some of them are happening around the kitchen table.

Hack of streaming service Twitch reveals passwords, payment info of users

Wed, 10/06/2021 - 09:16

Live streaming video service Twitch has been hacked in a breach that has exposed the financial information of many of the people who use it.

Montreal money launderer Firoz Patel set up offshore company while under criminal investigation

Wed, 10/06/2021 - 02:00

As American and Canadian authorities ramped up investigations into rogue Montreal-based money transfer mogul Firoz Patel in 2017, he flew to the United Arab Emirates and set up a secret offshore corporation, leaked documents obtained by the International Consortium of Investigative Journalists show.

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