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Canada Business News - Page 6

Canadian Content
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Canada Business News

The CKA news is community driven, each day members submit links to news articles around the web. Links with a maple leaf are Canadian in some way, and are the prefered type for submission. Click the "comments" link below each link to add comments about the news article.

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Currently showing last 100 links of 8,775
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12301
Link Related to Canada in some say Opinion: Canadian Tire’s rise in past-due accounts might be a big red flag
Business | 123014 hits | 7:22 AM on Thursday | posted by DrCaleb
Comment
Is Canadian Tire’s recent increase in past-due accounts the canary in the coal mine for Canadian consumers?
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12306
World's Largest Cruise Ship to Be Scrapped Before First Voyage
Business | 123050 hits | 5:49 AM on Friday | posted by DrCaleb
3 Comment
The ship that would have become the world’s largest cruise liner has been scrapped before it ever had the chance to take its maiden voyage.
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12292
Bed Bath & Beyond CFO dies after fall from New York tower
Business | 122916 hits | 9:46 AM on Sunday | posted by Strutz
8 Comment
Bed Bath & Beyond Inc.'s chief financial officer fell to his death from New York's Tribeca skyscraper known as the 'Jenga' tower on Friday afternoon, police said, just days after the company said it was closing several stores.
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12258
India overtakes UK to become fifth largest economy in the world
Business | 122582 hits | 12:54 AM on Saturday | posted by Scape
Comment
India overtook the UK in the final three months of 2021 to become the fifth-largest economy, pushing the UK to the sixth spot for the second time after it had done the same in 2019.  
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12263
Suez Canal gets blocked again by tanker in almost exact same spot as Ever Given container ship
Business | 122629 hits | 2:25 PM on Friday | posted by Scape
Comment
Suez Canal gets blocked again by tanker in almost exact same spot as Ever Given container ship - Suez Canal’s authority sent five boats to get the wedged vessel Affinity V floating again
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12298
Link Related to Canada in some say Critics warn Ottawa's new 'luxury tax' on pricey cars, planes and boats could backfire
Business | 122973 hits | 7:01 AM on Thursday | posted by DrCaleb
Comment
Ottawa's luxury tax on high-priced cars, planes and boats is coming into effect today, despite warnings from some critics that the measure will hurt the economy and turn out to be more trouble than it's worth.
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12302
Link Related to Canada in some say ‘Elon Musk, please help us’: Tesla owners start hunger strike over quality issues
Business | 123020 hits | 6:40 AM on Wednesday | posted by DrCaleb
Comment
'We believe that if Elon Musk is made aware of our troubles, he will solve the situation,' the Norway hunger strike participants and Tesla owners claimed.
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12311
Link Related to Canada in some say Canada formally launches challenge of 'unfair' U.S. duties on softwood lumber
Business | 123105 hits | 7:02 AM on Tuesday | posted by DrCaleb
5 Comment
International Trade Minister Mary Ng says Canada is formally initiating a challenge of "unwarranted and unfair" U.S. duties on Canadian softwood lumber.
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12262
Link Related to Canada in some say Company Tells Employees: Work ‘Voluntary’ Overtime or Go to Jail
Business | 122620 hits | 6:16 PM on Monday | posted by Scape
3 Comment
After workers organized to refuse voluntary overtime shifts, the employer filed a labor complaint that resulted in the action being labeled an illegal strike.
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12259
Link Related to Canada in some say Wheat Harvest Rebounds in Canada to Bolster Shaky World Supplies
Business | 122589 hits | 4:35 PM on Monday | posted by Scape
Comment
A turnaround in Canada’s wheat crop may help boost world supplies. Output from the world’s seventh-largest wheat exporter will rise 55% to 34.6 million metric tons this year as yields improve amid better moisture and more moderate temperatures, Sta
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12271
Link Related to Canada in some say 56% of Canadians say they can't keep pace with high cost of living, according to survey
Business | 122707 hits | 4:55 PM on Monday | posted by Strutz
2 Comment
In a new Angus Reid poll, 56 per cent of Canadians surveyed say they're struggling to keep pace as high inflation and interest rates force them to tighten their belts.
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12305
Link Related to Canada in some say Consumers are paying the price — in time and cost — for a choked-up global supply chain
Business | 123050 hits | 4:47 PM on Monday | posted by Strutz
Comment
The pandemic sent shockwaves through the global supply chain and the backlogs are mounting even as freight volumes fall in North America this year. Longer wait times and extra costs are being passed along to consumers.
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12309
Link Related to Canada in some say Jamaican migrant workers in Ontario pen open letter likening conditions to 'systematic slavery' | CBC News
Business | 123093 hits | 10:00 PM on Sunday | posted by Scape
Comment
Jamaican migrant farm workers in Niagara Region wrote an open letter to Jamaica's Ministry of Labour requesting more support in the face of what they call "systematic slavery," days before a migrant worker died in Norfolk County.
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12303
Link Related to Canada in some say She bought a house on a fledgling auction site. Now she faces over $100K in repairs
Business | 123027 hits | 8:11 AM on Thursday | posted by DrCaleb
Comment
An Ottawa woman who bought her first home using a new online auction platform is now facing over $100,000 in repairs for issues that were not disclosed in the inspection report that came with the property and says the company that sold it to her was unres
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12308
Link Related to Canada in some say Air Canada serves water bottle, napkin as vegan “meal” to traveller
Business | 123080 hits | 6:45 AM on Wednesday | posted by DrCaleb
Comment
A Canadian writer travelling from Frankfurt to Toronto for 10 hours with Air Canada, says her vegan meal never arrived.
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12308
Link Related to Canada in some say Hudson's Bay to resurrect discount retail chain Zellers
Business | 123073 hits | 5:54 AM on Wednesday | posted by DrCaleb
16 Comment
Canadian department store Zellers hopes to make a comeback next year, a decade after the discount chain shuttered most of its locations.
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12311
Link Related to Canada in some say Lisa LaFlamme 'blindsided' by cancellation of contract with CTV | CBC News
Business | 123113 hits | 1:35 PM on Monday | posted by Scape
25 Comment
Veteran news anchor Lisa LaFlamme says she was "blindsided" as Bell Media ended her contract at CTV National News after 35 years, a "business decision" it says will move the chief news anchor role in "a different direction."
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12269
Link Related to Canada in some say Canada's disappearing 'average farmer' means one-size-fits-all policies no longer work
Business | 122692 hits | 11:04 AM on Monday | posted by DrCaleb
Comment
Mid-size farms used to be the average farm in Canada, but the increase in both small and large farms has made it difficult to define what the new average farm size is.
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12293
Link Related to Canada in some say Ontario homebuyers stunned by extra $175K charge from developer, call for government action
Business | 122933 hits | 7:28 AM on Monday | posted by DrCaleb
Comment
Some buyers who years ago purchased builds in a housing development north of Toronto are calling for government intervention after they were told they would need to fork over $175,000 above what was agreed upon in contracts before their homes will finally
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12310
Link Related to Canada in some say You tip your hairdresser, but what about your mechanic' Expect to see more 'tip creep'
Business | 123104 hits | 10:45 AM on Sunday | posted by Strutz
Comment
'Tip creep' is spreading to card payment machines way beyond restaurants, bars and hair salons - prompting questions over those companies' motives and calls for a rethink of Canada's tipping culture.
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12307
Link Related to Canada in some say Telus asks CRTC permission to add 1.5% credit card surcharge to customer bills
Business | 123068 hits | 6:10 AM on Friday | posted by DrCaleb
Comment
Canadians who pay their cellphone bill via credit card could soon see an extra fee every month, if Canada's telecom regulator approves a proposal currently before them.
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12266
Domino's Pizza to close all of its 29 stores in Italy
Business | 122658 hits | 5:47 PM on Tuesday | posted by Scape
Comment
After a volatile trading year, Domino's is set to close all of its Italy store locations following a second-quarter earnings miss.
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12311
Link Related to Canada in some say Tesla discloses lobbying effort for new factory in Canada
Business | 123112 hits | 6:22 AM on Tuesday | posted by DrCaleb
Comment
Tesla has disclosed that it is lobbying the Ontario government for a potential new factory in Canada. The new lobbying effort comes after several hints from Tesla CEO Elon Musk in regards to building a Gigafactory in the country.
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12312
Link Related to Canada in some say Air Canada denies certain compensations claims, calls staff shortages a 'safety-related issue'
Business | 123119 hits | 6:14 AM on Monday | posted by DrCaleb
Comment
In a Dec. 29 memo, Air Canada instructed employees to classify flight cancellations caused by staff shortages as a "safety" problem, which would exclude travellers from compensation under federal regulations. Some customers have been frustrated to find th
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12306
Link Related to Canada in some say Many federal government employees balking at returning to offices | CBC News
Business | 123063 hits | 12:34 PM on Sunday | posted by Scape
Comment
The federal government is facing pushback from employees reluctant to return to government offices after more than two years working from home.
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12260
Lawsuit filed against Equifax for credit score debacle which led customers paying DOUBLE on mortgage | Daily Mail Online
Business | 122603 hits | 3:06 PM on Thursday | posted by Scape
2 Comment
Equifax, who blamed the credit score blunder on a 'coding issue' is facing a class-action lawsuit, filed in US District Court in North Georgia by law firm Morgan and Morgan.
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12297
Link Related to Canada in some say 'A new phenomenon': Big investors eye Canada's home market, ReMax president says
Business | 122968 hits | 6:15 AM on Wednesday | posted by DrCaleb
Comment
Investment firms are buying up U.S. homes — a development that's "just in its infancy" in Canada, but a trend that could make it harder for families to buy homes.
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12260
Pakistan on brink of economic collapse
Business | 122599 hits | 7:04 PM on Saturday | posted by Scape
Comment
With the depleting foreign currency reserves and rising inflation, Pakistan is on the brink of economic collapse and heading towards a path similar to the economic downfall of Sri Lanka. "Pakistan's central bank, State Bank of Pakistan has sent out an
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12327
Link Related to Canada in some say Tim Hortons proposes settlement in class-action suits over data-tracking app
Business | 123269 hits | 8:53 AM on Saturday | posted by Strutz
3 Comment
Tim Hortons says it has reached a proposed settlement in multiple class-action lawsuits alleging the restaurant's mobile app violated customer privacy which would see the restaurant offer a free coffee and doughnut to affected users.
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12267
Link Related to Canada in some say Buy ‘North American’: Canada welcomes amended U.S. EV tax credit bill
Business | 122666 hits | 1:29 PM on Thursday | posted by Scape
Comment
U.S. Democrats Sen. Chuck Schumer and Sen. Joe Manchin have agreed to propose doing away with a tax-credit plan that favoured American-made electric vehicles.
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12324
Link Related to Canada in some say Royal Bank ordered to reveal who's behind 97 offshore accounts
Business | 123241 hits | 10:51 AM on Wednesday | posted by DrCaleb
Comment
A Federal Court judge has ordered Royal Bank of Canada to divulge the real owners of 97 offshore corporations that used its services, but a critic is wondering why it's taken the Canada Revenue Agency so long to acquire the information.
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12313
Link Related to Canada in some say They fought a rent increase and won, then received an eviction notice
Business | 123125 hits | 9:38 AM on Monday | posted by DrCaleb
Comment
Pauline Tramble's 85-year-old husband Charles has dementia. Every day since June, she's had to explain that they're getting evicted.
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12306
Link Related to Canada in some say Keystone outage compounds Biden's post-Saudi oil dilemma
Business | 123059 hits | 6:42 AM on Wednesday | posted by DrCaleb
Comment
Shipments of Canadian oil to US refiners were thrown into disarray by a pipeline disruption just days after President Joe Biden’s unsuccessful bid to coax more crude out of Saudi Arabia.
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12307
Link Related to Canada in some say A Suncor sale of Petro-Canada would transform company, alter Canadian gasoline retail landscape
Business | 123072 hits | 6:18 AM on Wednesday | posted by DrCaleb
Comment
As Suncor could divest itself of Petro-Canada’s 1,500-site retail network, potential buyers face a risk of the infrastructure becoming obsolete as cars and trucks electrify
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12307
Link Related to Canada in some say Inside Amazon’s strategy to shield its profits from Canadian taxes
Business | 123069 hits | 6:20 AM on Monday | posted by DrCaleb
Comment
As Amazon became Canada’s largest online retailer, the Seattle-based company crafted a strategy that would limit how much of its profits were taxed by the federal government
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12303
China Mortgage Boycott Data Erased by Censors as Crisis Spreads
Business | 123026 hits | 4:09 PM on Saturday | posted by DrCaleb
1 Comment
China is censoring crowd-sourced documents tallying the number of mortgage boycotts spreading across the country, potentially hampering a key source of data for global investors and researchers tracking the property crisis.
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12313
Link Related to Canada in some say More Air Canada, WestJet passengers baffled by reasons for denied compensation
Business | 123132 hits | 7:37 AM on Friday | posted by DrCaleb
1 Comment
The recent travel chaos at some Canadian airports has led to a spate of flight delays and cancellations. And that has sparked a spate of complaints from passengers that some airlines are providing suspect reasons why they were denied compensation for flig
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12311
Link Related to Canada in some say Shell installing 79 electric vehicle charging points along major corridors from B.C. to Ontario
Business | 123106 hits | 7:45 AM on Thursday | posted by DrCaleb
Comment
Shell Canada has just 25 charging locations across the country, but parent company Shell plc is investing heavily in EV infrastructure around the globe as part of its goal to reach net-zero emissions status by 2050.
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12301
Link Related to Canada in some say Trudeau announces deal to build $1.5B electric vehicle battery plant in Ontario
Business | 123006 hits | 6:24 AM on Thursday | posted by DrCaleb
Comment
Prime Minister Justin Trudeau announced Wednesday that Ottawa and the province have signed a deal with Umicore, a global metals refiner, to build a new battery materials facility in Ontario's Loyalist Township.
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12304
Link Related to Canada in some say New Saskatchewan report says grain contracts favour buyers
Business | 123043 hits | 8:05 AM on Wednesday | posted by DrCaleb
Comment
A new report says grain purchase contracts are heavily tilted in favour of grain buyers, putting Saskatchewan farmers at a disadvantage.
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12309
Link Related to Canada in some say Walmart is buying 4,500 electric delivery vehicles from Canoo
Business | 123088 hits | 5:59 AM on Wednesday | posted by DrCaleb
Comment
In January, Walmart ordered 5,000 BrightDrop EVs, now it's buying 4,500 Canoos.
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12501
Link Related to Canada in some say BMW Heated Seats Subscription Is Real And It Costs $18 Per Month
Business | 125013 hits | 5:59 AM on Tuesday | posted by DrCaleb
Comment
BMW South Korea has introduced subscription plans for heated seats alongside similar monthly plans for various safety systems and a heated steering wheel.
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12499
Link Related to Canada in some say Judge rules Subway can be sued over claims that its tuna sandwiches contain other fish species or animal products
Business | 124977 hits | 5:56 AM on Tuesday | posted by DrCaleb
10 Comment
The sandwich chain Subway can be sued over claims that it is misleading customers when it says its tuna products are "100% tuna," a federal judge in California
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12501
Link Related to Canada in some say Passenger Brought Carry-on to Avoid Disruption, Airline Lost It Anyway
Business | 125011 hits | 9:07 AM on Monday | posted by DrCaleb
Comment
Chaos has consumed the aviation industry as airlines and airports struggle to recruit the staff needed to match the surging demand for travel.
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12499
Link Related to Canada in some say Uber broke laws, duped police and secretly lobbied governments, leak reveals
Business | 124993 hits | 6:11 AM on Monday | posted by DrCaleb
1 Comment
124,000 documents expose inner workings behind US tech firm’s rise as a global empire responsible for 19m journeys a day
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12629
Link Related to Canada in some say Via Rail receives 72-hour strike notice, risk of suspension
Business | 126290 hits | 9:55 PM on Friday | posted by Strutz
Comment
Via Rail says services across Canada could be suspended next week, after it received a 72-hour strike notice from the union representing approximately 2,400 of its employees.
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12637
Laid-Off Tesla Employees Joining Rivian and Lucid, Tech Giants
Business | 126373 hits | 7:03 AM on Friday | posted by DrCaleb
Comment
Punks & Pinstripes tracked 457 former Tesla employees over the past 90 days using data from LinkedIn Sales Navigator to see where they found new jobs.
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12590
Dutch house approves law making work from home a legal right
Business | 125902 hits | 11:31 PM on Thursday | posted by Scape
Comment
The Dutch parliament approved legislation to establish work-from-home as a legal right, making the Netherlands one of the first countries to grant remote working flexibility by law. The legislation was approved by the lower house of the bicameral parli
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12588
Link Related to Canada in some say Why nobody ever wins the car at the mall
Business | 125881 hits | 6:14 AM on Monday | posted by DrCaleb
Comment
We had a hunch that no one ever actually wins those mall car giveaways. But we had no idea how deep the rabbit hole went… or who would end up with our data.
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12649
Link Related to Canada in some say Accounting firm EY to pay $100M US fine after auditors caught cheating on ethics exams
Business | 126491 hits | 7:30 AM on Wednesday | posted by DrCaleb
2 Comment
Big Four accounting firm Ernst & Young will pay $100 million to settle U.S. Securities and Exchange Commission charges that its auditors cheated on certified public accounting exams and that it misled the agency's investigators.

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