Canada Business News
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Retirement home fees of $1K per month continue after seniors die or move out
Retirement Concepts, a large company that runs private seniors' residences, is under fire from relatives forced to pay $1,000 monthly fees long after their loved ones have died or moved out.North Korean envoy claims his country has nuclear missiles
A North Korean envoy says his country has developed nuclear missiles and is prepared to use them at any time. North Korean Ambassador to Britain Hyun Hak Bong said in a recent interview with British broadcaster Sky News that his government would use the m
A North Korean envoy says his country has developed nuclear missiles and is prepared to use them at any time. North Korean Ambassador to Britain Hyun Hak Bong said in a recent interview with British broadcaster Sky News that his government would use the m F--k Cancer charity founders to face off in B.C. Supreme Court
A Vancouver woman claims F--k Cancer celebrity activists Yael Cohen and Julie Greenbaum are infringing on her trademark. In a B.C. Supreme Court lawsuit, Susan Fiedler says she started using the term first. Canada escapes massive Kraft macaroni and cheese recall
Is there such a thing as Canadian cuisine? If so, Kraft Dinner might be on the menu. Kraft Foods is recalling about 6.5 million boxes of original flavour Kraft Macaroni & Cheese, but for now it seems the beloved food staple is safe in Canada. Target claims $1.6B tax break from failed Canadian launch
Target has pocketed a $1.6-billion US writeoff on its American taxes as a result of the retailer's failed expansion into Canada, a new regulatory filing shows. Microsoft's new B.C. workforce to consist mostly of foreigners: draft plan
A majority of workers at a new Microsoft Canada training centre in Vancouver would be drawn from the ranks of foreigners, according to documents obtained under British Columbia's freedom of information laws. Liberals to auction off licences to sell beer, wine in supermarketsBusiness | 206750 hits | 12:10 PM on Tuesday | posted by BeaverFever
Premier Kathleen Wynne’s government will auction off licences to sell beer and wine in about 300 supermarkets with no single grocer allowed to buy more than a quarter of them. Nexen reorganizes, lays off 300 in Calgary
Three hundred Calgary employees of Nexen Inc. received pink slips this morning as part of the Chinese-owned energy company's efforts to restructure in the face of falling energy prices.Saddam Hussein's tomb destroyed due to fighting between ISIS and Iraqi forces
Fighting intensified to the north and south of Saddam Hussein's hometown yesterday as Iraqi security forces vowed to reach the center of Tikrit within 48 hours.
Business | 206697 hits | 12:31 AM on Tuesday | posted by N_Fiddledog
Fighting intensified to the north and south of Saddam Hussein's hometown yesterday as Iraqi security forces vowed to reach the center of Tikrit within 48 hours. 114 'high-risk' Canadians bilked RBC before leaving for areas near conflict zoneBusiness | 206743 hits | 12:21 AM on Tuesday | posted by N_Fiddledog
The Royal Bank of Canada has identified 114 clients as "very high-risk" for maxing out their credit cards before travelling to countries near Syria and Iraq, QMI Agency has learned. Canadian dollar dips as oil drops to 6-year low below $44Business | 207335 hits | 2:12 PM on Monday | posted by Zipperfish
The Canadian dollar is hovering at just over 78 cents US today as oil fell to its lowest level since 2009, beginning a week that many watchers say could be crucial for both the loonie and oil. Pro sports doctors may be over-prescribing drugs to players
An investigation by the fifth estate discovers rampant over-prescription of drugs by some team doctors in major sports leagues. Canada household debt ratio hits new record of 163.3%Business | 206704 hits | 2:30 AM on Friday | posted by N_Fiddledog
Cuts to the Bank of Canada overnight lending rate appear to be the driver behind consumers ratcheting up their debt, which Statistics Canada said Thursday reached record levels in the four quarter of 2014. Air Transat plans more seats, more fees in bid to save money
Air Transat plans to increase the number of seats aboard its Airbus A330 jets on routes to London and Paris as part of a bid to save money. Sunrise Energy oilsands tells 1,000 workers to leave job site
About 1,000 tradespeople working on the Husky Sunrise Energy oilsands project woke up to find themselves out of work Wednesday morning.Powdered alcohol approval stirs U.S. controversy
The U.S. alcohol regulator has approved a new powdered alcohol product that's stirring up trouble even before it hits the retail market.
The U.S. alcohol regulator has approved a new powdered alcohol product that's stirring up trouble even before it hits the retail market. Thunder Bay has best real estate buys in Canada, MoneySense says
A Canadian financial magazine says Thunder Bay is the best city in Canada to buy real estate. CRTC Fines Company Because You Didn't Just Win A Cruise To The Bahamas
OTTAWA - A company that made automated calls to Canadians telling them they had won a free cruise to the Bahamas in exchange for answering a survey has agreed to pay $200,000 for breaking telemarketing rules.Consolidated Travel Holdings Group Inc. ag...RSPCA secretly kill one of world's oldest pigs then prosecute owner
Retired pet shop owner Bob Skinner, 63, was so protective of his only companion that he gave the elderly animal a nine-acre island at the back of his Ł1m bed and breakfast in Dorset.
Business | 207121 hits | 1:00 PM on Tuesday | posted by N_Fiddledog
Retired pet shop owner Bob Skinner, 63, was so protective of his only companion that he gave the elderly animal a nine-acre island at the back of his Ł1m bed and breakfast in Dorset. Tire shop praises Jane-Finch after leaving business unlockedBusiness | 206745 hits | 10:51 PM on Monday | posted by Alta_redneck
Greece told to 'stop wasting time' over debt deal
The head of the eurozone's finance ministers calls on Greece to "stop wasting time" and engage in serious talks on reform.
The head of the eurozone's finance ministers calls on Greece to "stop wasting time" and engage in serious talks on reform. BNSF oil train derails in rural Illinois; two cars aflameBusiness | 207073 hits | 11:51 AM on Friday | posted by N_Fiddledog
NEW YORK (Reuters) - A BNSF Railway [BNISF.UL] train loaded with crude oil derailed and caught fire on Thursday afternoon in a rural area south of Galena, Illinois, according to local officials and the 'Our first goal is to protect B.C. youth': Province to ban sale of e-cigarettes to those under 19Business | 206954 hits | 11:49 AM on Friday | posted by N_Fiddledog
VICTORIA — British Columbia is becoming the latest province to regulate electronic cigarettes, with legislation designed to prevent young people from using the devices or being exposed to their vapour."Anti-terror" invention designed to spray Muslims with PIG BLOOD is "deeply offensive", says faith group
American tinkerer hit with Islamophobia claims after applying for patent on controversial invention
Business | 207425 hits | 3:07 PM on Thursday | posted by N_Fiddledog
American tinkerer hit with Islamophobia claims after applying for patent on controversial invention K-Cup creator John Sylvan regrets inventing coffee-making system
The man who invented the K-Cup coffee pod almost 20 years ago says he regrets doing so and can't understand the popularity of the products that critics decry as an environmental catastrophe. 'Microsoft tech support' scammer recorded threatening to kill B.C. man
B.C. man Jakob Dulisse is Going Public after he confronted a Microsoft tech support scam caller and was shocked to get gruesome death threats thrown back at him.Amazon, others at odds with proposed FAA restrictions on delivery drones
When the Federal Aviation Administration (FAA) issued its framework of regulations that would limit unmanned aircraft systems (UAS), i.e. drones, it was immediately perceived as a major setback for Amazon, which desires to create a fleet of package delive
When the Federal Aviation Administration (FAA) issued its framework of regulations that would limit unmanned aircraft systems (UAS), i.e. drones, it was immediately perceived as a major setback for Amazon, which desires to create a fleet of package delive Last box of Canadian-made Kellogg's cereal opened in Timmins
As a high school teacher from Timmins sat down for breakfast with his kids Monday morning, he had no idea the box of Frosted Flakes he was about to open was the last one to ever be produced at the London Kellogg's plant. Ad Mocking Harper Over CBC Cuts Rejected By All Networks, FCB Says, But..Business | 206985 hits | 10:47 AM on Tuesday | posted by N_Fiddledog
The public interest group Friends of Canadian Broadcasting (FCB) says no major TV station owners in Canada are willing to run an ad it has produced criticizing the Harper government for its approach to the CBC.
But at least one major broadcaster i... Toronto Real Estate Board demands brokers halt online sales stats
This week, three real estate brokers are cutting off customers’ online access to recent final home sales prices — coveted information that can help buyers and sellers gauge a property’s worth — because of a threat made by the Toronto Real Estate Board tha Montreal erotic massage parlours flourishing despite anti-prostitution law
One year after the mayor promised to crack down on erotic massage parlours, Montreal still doesn't know what it’s going to do with the hundreds of establishments operating right across the city. Alberta shooting for a bigger film industry
After years of jury-rigging warehouses and dodging rodents, Calgary film and television producers are finally getting a sound stage. With a bunch of public money. But will it be enough to jumpstart the industry? B.C. Arctic Apple company sells for $41 million after U.S. approves engineered non-browning fruitsBusiness | 208267 hits | 1:01 AM on Saturday | posted by N_Fiddledog
KELOWNA, B.C. — The British Columbia firm that engineered apples not to turn brown after they’ve been bruised or sliced has been bought by a U.S. company for $41 million. Scammers target Delta businesses trying to collect overdue B.C. Hydro chargesBusiness | 208323 hits | 12:59 AM on Saturday | posted by N_Fiddledog
Police in Delta say scammers have defrauded several businesses out of thousands of dollars by posing as B.C. Hydro employees collecting on supposedly overdue charges. Domino's Canada ends contract with North Vancouver pizza franchise
Domino's Canada says it has terminated its contract with a North Vancouver franchisee after CBC reported allegations of death threats, exploitation, bullying and assault. First Nation woman calls Air Transat's kids activity package racist
Maria Morrison says her 12-year-old daughter gasped when she opened an activity package given to her on a recent Air Transat flight to Winnipeg. Inside the package was a cartoon image of a red creature wearing a feathered headdress. Bombardier set to test fly CSeries plane for 1st time today
Bombardier says it will proceed with the first test flight for its new CSeries jet today, at an airport just outside Montreal. Instalment loans the new high-interest danger for consumers
The second fastest growing type of debt in Canada is a high-interest, subprime, unsecured, short-term loan called an instalment loan. Marketed to people with bad debts and poor credit, instalment loans carry interest rates as high as 59 per cent. But the YouTube is losing money even though it has more than 1 billion viewers
Analysts said that there was ‘a lot of junk’ on YouTube and that the large number of young users did not buy anything from the adverts. Google bought the site for $1.7billion.
Business | 208620 hits | 12:07 AM on Friday | posted by N_Fiddledog
Analysts said that there was ‘a lot of junk’ on YouTube and that the large number of young users did not buy anything from the adverts. Google bought the site for $1.7billion. New Smarties package helps you save the red ones...for later
Nestle Canada is revamping the packaging of Smarties products to make it easier for consumers to parcel out the candies into healthier portion sizes. Big data trend now being applied to managing human resources
A growing number of human resources executives are starting to dig deep into computerized statistical data on employees, to make decisions regarding salaries, promotions, and even benefit programs, a trend that excites some and worries others. High mutual fund fees could delay retirement plans, CCPA says
High mutual fund fees could cause Canadians to delay their retirement by as much as 11 years or else leave them with 40 per cent less money for their retirement, says a report from the Canadian Centre for Policy Alternatives. Everest College closure no surprise to some who call it a scam
The news of Everest College's closure in Ontario came as no surprise to some, who say what is shocking is that the private career college they claim was corrupt wasn't shut down a lot sooner. Obama intends to quietly kill off Keystone XL bill, White House confirmsBusiness | 208010 hits | 12:57 AM on Tuesday | posted by N_Fiddledog
WASHINGTON – President Barack Obama is about to make good on his oft-stated threat to veto legislation to build the Keystone XL pipeline, a spokesman announced Monday. Business | 208191 hits | 12:53 AM on Tuesday | posted by N_Fiddledog
Moody’s credit rating firm is the latest to urge the Ontario Liberal government to stop spending. Dementia patients' wives battle Sun Life, BMO over costly missteps
Two women with spouses devastated by the effects of dementia are outraged at large financial institutions for not showing compassion after their loved ones made large, irrational transactions that cost their families dearly. Telus bails on unlimited internet, bandwidth plays on for a price
It seems the days of cheap, unlimited internet are over. With Telus's announcement Friday that it is implementing usage-based charges in B.C. and Alberta, all major Canadian internet service providers are now deploying data caps when billing customers.Honda to replace president Takanobu Ito over airbag fiasco
Honda Motor Co., the Japanese automaker at the center of an air-bag defect scandal, says its president Takanobu Ito will step aside and be replaced by another Honda executive.
Honda Motor Co., the Japanese automaker at the center of an air-bag defect scandal, says its president Takanobu Ito will step aside and be replaced by another Honda executive. West Edmonton Mall named in al-Shabaab video as possible target
The al-Qaeda-linked group al-Shabaab appears to call on followers to attack shopping malls in Canada, United States, U.K. and France and has released a video naming the West Edmonton Mall as a possible target.Back to Canada News
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