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High inflation is coming for the beaver on your money. How long can the nickel last'
When inflation was two per cent, the nickel was shrinking. But now it's shrinking faster. The Royal Canadian Mint still makes money stamping them out, but how long until Canadians decide that, like the penny, they're just annoying clutter in our purses an Canada takes boldest stance on electric vehicles yet
The new policy in Canada requires automakers to increase the percentage of electric vehicles available for sale in the country. High office vacancy rates spell continuing trouble for shops dependent on worker foot traffic
Businesses that depend on the flow of office workers are struggling as vacancy rates in office towers across Canada continue to rise. Vancouver's office tower vacancy rate has tripled since 2019, while Montreal's has doubled. Trudeau dismisses pitch to impose windfall taxes on energy, grocery sectors as 'simplistic' | CBC News
Prime Minister Justin Trudeau is dismissing what he calls the “simplistic” idea of slapping a windfall tax on the grocery and energy sectors, adding such a move likely would do more harm than good.Olive Garden manager fired for time-off message: ‘If your dog died, bring him in’
Kansas manager’s missive – which claimed workers were calling in sick ‘at a staggering rate’ – caused an uproar online
Kansas manager’s missive – which claimed workers were calling in sick ‘at a staggering rate’ – caused an uproar online Tesla's long-awaited Semi hits the highway with a 500-mile range
Tesla’s long-awaited Semi truck is now being rolled out to its first customers, with the first production models landing in the hands of food and beverage giant PepsiCo, the automaker revealed at a launch event on Friday. Quota boost to foreign exchange workers will ease Banff labour shortage, tourism industry officials predict
The federal government is opening the door for 15,000 more foreign exchange workers to enter Canada next year, and that's welcome news for the general manager of the Mount Norquay Ski Resort in Banff National Park. Bank of Canada lost $522M in 3rd quarter
The Bank of Canada lost $522 million in the third quarter of this year, marking the first loss in its 87-year history. RBC buying HSBC Canada for $13.5B
Royal Bank of Canada has signed a deal to acquire HSBC Bank Canada for $13.5 billion in cash.A hundred UK companies sign up for four-day week with no loss of pay
Thousands of employees to be moved permanently to four days in policy described as ‘transformative’
Thousands of employees to be moved permanently to four days in policy described as ‘transformative’US Bans Huawei Equipment, Cites National Security 'Risk' | PCMag
The Federal Communications Commission has prohibited the importation or sale of communications equipment made by Chinese companies including Huawei.
The Federal Communications Commission has prohibited the importation or sale of communications equipment made by Chinese companies including Huawei. The Bank of Canada is blaming employed workers and higher wages for inflation — why isn’t it concerned about surging corporate profits?
It’s cruelly perverse to suggest that our biggest economic problem is that too many Canadians are working, when there is so much work to do in Canada, writes Jim Stanford.Balenciaga sorry for ads featuring kids with bondage bears
Luxury fashion house Balenciaga has apologized for featuring children cuddling teddy bears dressed in bondage gear in its latest advertising campaign.
Luxury fashion house Balenciaga has apologized for featuring children cuddling teddy bears dressed in bondage gear in its latest advertising campaign. Workers at Canadian Tire factories overseas paid poverty wages, labour groups allege
Canadian labour groups have filed a complaint with a federal corporate watchdog saying Canadian Tire failed to ensure workers in its South Asian supplier factories are paid a living wage. Workers at 100 U.S. Starbucks locations walk off the job in unionization push
Starbucks workers at more than 100 U.S. stores are on strike Thursday in their largest labour action since a campaign to unionize the company's stores began late last year. Loblaw's profits up 30%, led by booming sales of high margin items like beauty products, cold meds
Loblaw Companies Ltd. reported that its third-quarter profit rose about 30 per cent compared with a year ago. The grocer noted a continued shift to private label brands like President's Choice and No Name. Owner of Sobeys, Safeway stores tight-lipped on IT problems impacting pharmacies
Empire Company, which owns 1,500 grocery stores across Canada, started experiencing problems late last week. Another major company, Maple Leaf Foods, is also experiencing issues and says it's working with cybersecurity experts. Lowe's to sell Canadian business to private equity firm
Lowe's Companies, Inc. is selling its Canadian retail business to New York-based private equity firm Sycamore Partners for US$400 million plus a performance-based deferred consideration. How Irving's Bermuda insurance company piled up millions in offshore tax-free profits
New Brunswick’s billionaire Irving family created an offshore insurance company that allowed them to move millions of dollars in profits out of Canada and into the tax haven of Bermuda, according to leaked documents reviewed by CBC News and Radio-Canada Federal government moves to cut China out of Canadian critical mineral industry
After a national security review, Innovation Minister François-Philippe Champagne is ordering three Chinese resource companies to sell their interests in Canadian critical mineral firms.Stellantis' joint venture in China is filing for bankruptcy
Stellantis said that shareholders of its loss-making joint venture producing Jeep vehicles in China have approved it to file for bankruptcy.
Stellantis said that shareholders of its loss-making joint venture producing Jeep vehicles in China have approved it to file for bankruptcy. $8M lawsuit alleges defects in Mike 'Holmes approved homes'
Mike Holmes's company, The Holmes Group, plus more than a dozen other defendants are named in an $8-million lawsuit alleging misrepresentation and faulty design, construction and inspection of 14 homes in a Meaford, Ont. subdivision. Air Canada apologizes for not letting blind woman fly with guide dog
Air Canada is apologizing after not allowing a passenger who’s blind to board a flight from Toronto to Minneapolis with her guide dog. Dena Wainwright, 49, says she will never fly the airline again after an ordeal that cost her $2,000. Got space in your luggage' Air travellers get paid to carry parcels
Instead of using air cargo, an Alberta company is "hacking international shipping" by hiring airline passengers to transport items in their checked baggage. Adidas severs partnership with Kanye West over antisemitic remarks
Adidas has ended its partnership with Ye, the rapper formerly known as Kanye West, over his offensive and antisemitic remarks, the latest company to cut ties with Ye and a decision that the German sportswear company said would hit its bottom line. Toronto cannabis company Cronos settles with SEC, OCS over accounting fraud
Cronos Group Inc. and one of its former executives signed settlements Monday with U.S. and Canadian regulators that accused them of filing inaccurate financial statements. GMC Continues the Electric Truck Revolution: Introducing the First-Ever 2024 Sierra EV
GMC’s introduction of the first-ever Sierra EV marks a turning point for the premium truck brand, as it expands its portfolio of all-electric trucks. Led by the 2024 Sierra EV Denali Edition 1, it offers uncompromising pickup capability, a GM-estimated Paying with a credit card' Expect to see a fee when you shop under new rules that start now
Cost-conscious shoppers should prepare themselves to start seeing a new fee when they make purchases, as retailers and other businesses will now be allowed to charge customers who pay with a credit card a fee for transactions.For China’s Auto Market, Electric Isn’t the Future. It’s the Present.
More electric cars will be sold in the country this year than in the rest of the world combined, as its domestic market accelerates ahead of the global competition.
More electric cars will be sold in the country this year than in the rest of the world combined, as its domestic market accelerates ahead of the global competition. An all-electric passenger plane completed its first test flight
An all-electric passenger plane made by Washington-based company Eviation completed its first test flight. It’s a big step forward for the nascent electric aviation industry. British pound plummets to near parity with U.S. dollar, before bouncing back
The British pound fell to its lowest level against the U.S. dollar since 1985 before bouncing back on Monday, as investors digest the U.K. government's plans to stimulate the economy by cutting taxes. UN chief asks wealthy nations to impose windfall taxes on fossil fuel industry
UN wants companies to help fund recovery in nations hit worst by climate change. Hertz orders 175K green vehicles over five years
Hertz plans to order up to 175,000 electric vehicles from General Motors over the next five years. The agreement announced Tuesday includes electric vehicle deliveries through 2027 and will include SUVs, pickups and luxury automobiles. Vehicles in sinkhole at south Edmonton dealership
There were four cars in the hole at Infiniti South Edmonton's parking lot when CTV News Edmonton arrived on scene just before 10:45 a.m.China’s Factories Accelerate Robotics Push as Workforce Shrinks
Industrial automation climbs as country tries to extend manufacturing dominance despite labor challenges
Industrial automation climbs as country tries to extend manufacturing dominance despite labor challenges Tipping fatigue hits customers as requests rise
Tipping fatigue is hitting consumers as requests for gratuities increase and spread to new businesses amid the rise of automated payment machines and preset tip suggestions. Chrysler unveils Canadian-made gas-powered 300C sedan, as auto show pivots to electric future
After a two-year hiatus due to the pandemic, the biggest car show in North America is starting up again in Detroit this week, giving consumers their first glimpse into what the trillion-dollar auto industry has up its sleeve.Back to Canada News
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