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Updated: 1 hour 13 min ago

Netflix's U.S. subscriber growth slowing as competition looms

Wed, 10/16/2019 - 14:16

Netflix's subscriber growth is bogging down even before the leading video streaming service confronts high-powered threats from Apple and Walt Disney Co.

Air Canada drops 737 Max from flight schedule until Feb. 14

Wed, 10/16/2019 - 13:12

Air Canada said on Wednesday it had removed Boeing Co's 737 Max planes from flight schedules until Feb. 14, citing uncertainty around the aircraft's return to service.

Loblaws wanted too much information for $25 gift cards, privacy commissioner finds

Wed, 10/16/2019 - 12:02

Canada's privacy commissioner has concluded that Loblaws initially requested too much personal information from some customers before they could collect their $25 gift card — offered to make up for the company's bread price-fixing scandal.

GM and union reach tentative deal that could end U.S. strike

Wed, 10/16/2019 - 08:55

Bargainers for General Motors and the United Auto Workers reached a tentative contract deal on Wednesday that could end a month-long strike that brought the company's U.S. factories to a standstill.

Hexo to launch low-cost cannabis product to undercut illicit market shops

Wed, 10/16/2019 - 07:17

Cannabis company Hexo Corp. is moving to undercut prices in the illicit market with a new 28-gram product that costs consumers as much as one dollar less per gram than at the average illegal dispensary.

Canadian inflation 1.9% in September as lower gas prices keep rate steady

Wed, 10/16/2019 - 06:41

The annual inflation rate was 1.9 per cent in September for a second-straight month, keeping the indicator close to the Bank of Canada's ideal two per cent target.

Chinese snooping tech spreads to countries vulnerable to abuse

Wed, 10/16/2019 - 06:32

Cameras equipped with facial recognition technology and created by Chinese telecommunications company Huawei are being rolled out across hundreds of cities around the world. They include countries with weak track records on human rights where Beijing has increased its influence through big business deals.

1 in 5 homes in Canada bought by newcomers, Royal LePage survey says

Wed, 10/16/2019 - 03:00

A survey released on Wednesday by Royal LePage suggests newcomers to Canada are contributing "significantly" to demand for real estate, with about one in five homes sold to people who've arrived here in the last 10 years.

History suggests Andrew Scheer's interprovincial free-trade promise is destined to fail

Wed, 10/16/2019 - 01:00

Conservative leader Andrew Scheer has already set a date for a premiers meeting on interprovincial free trade. But the cross-country barriers will be difficult to dismantle.

Why firms must recruit more female cybersecurity workers to keep data safe

Wed, 10/16/2019 - 01:00

The cybersecurity industry desperately needs more skilled workers to help protect our data, yet experts in the field say it has only just begun to explore one obvious solution: Recruit more women.

Lululemon investigating after report alleges abuses at Bangladesh factory

Tue, 10/15/2019 - 10:42

Lululemon Athletica Inc. said Tuesday it's investigating a factory in Bangladesh over the treatment of female workers making its clothes.

Warren Buffett-linked company to build $200M wind power farm in Alberta

Tue, 10/15/2019 - 09:50

A company linked to U.S. investor Warren Buffett says it will break ground on a $200-million, 117.6-megawatt wind farm in southeastern Alberta next year.

GM chief Mary Barra reportedly taking part in contract talks with UAW

Tue, 10/15/2019 - 08:57

General Motors Co. chief executive Mary Barra and president Mark Reuss reportedly took part in contract talks with the United Auto Workers union on Tuesday, as the strike of 48,000 U.S. hourly workers enters its second month.

Home sales continue to rise after record low early this year, CREA reports

Tue, 10/15/2019 - 07:14

The Canadian Real Estate Association says the number of home sales in September rose 15.5 per cent compared with a year ago, as sales in the country's big cities climbed higher.

Cannabis producer Aphria reports $16.4M profit in 1st quarter

Tue, 10/15/2019 - 07:03

Cannabis company Aphria Inc. reported a profit of $16.4 million in its latest quarter, its second consecutive quarter of profitable growth.

Ships are illegally dumping plastic trash at sea, study suggests

Tue, 10/15/2019 - 01:00

Trash thrown illegally from cargo ships is the likely source of thousands of plastic bottles washing up on a remote island in the South Atlantic, says a new study. That suggests more focus on littering at sea may be needed to tackle the ocean plastics problem.

Canadians must think like investors in oil and gas: Don Pittis

Tue, 10/15/2019 - 01:00

Jason Kenny says oil is a good investment for Alberta and for Canada, but is that where you would sink your pension savings?

Wages, pensions, plant investments still issues in GM strike

Mon, 10/14/2019 - 13:15

With the strike by factory workers against General Motors in its 29th day, there are signs that negotiators may be moving toward an agreement.

Cannabis producer CannTrust to destroy $77M worth of plants, inventory to regain compliance

Mon, 10/14/2019 - 11:11

Cannabis producer CannTrust Holdings Inc said on Monday it would destroy about $12 million worth of plants and about $65 million worth of inventory, as the company's new management seeks to regain full regulatory compliance.

Stocks stall in midday trading as caution lingers over trade

Mon, 10/14/2019 - 09:14

Stocks stalled in midday trading on Wall Street Monday as investors remain cautious about the prospects of a full trade agreement between the U.S. and China.

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