Canada Business News

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20728

Business | 207282 hits | 9:04 AM on Wednesday | posted by Zipperfish

The bonuses doled out by Wall Street firms shot up 17 per cent in 2009, while entities such as Goldman Sachs and Morgan Stanley raised their overall compensation by 31 per cent during the same period.

20704

Business | 207054 hits | 6:49 AM on Tuesday | posted by blvd88

A jury has awarded a woman $23.4 million in a civil judgment against Ford Motor Co. for a 2007 freeway accident that left her a quadriplegic.

20686

Business | 206855 hits | 6:25 AM on Tuesday | posted by QBall

Pressure rose on Toyota days before its chief faces a US congressional grilling, as new documents showed the automaker boasted about saving 100 million dollars by limiting its safety recalls.

20745

Business | 207445 hits | 7:05 PM on Monday | posted by Ruxpercnd

Hockey? What's that? NBC had to interupt bobsled coverage to report the hockey results...

20742

Business | 207406 hits | 4:32 PM on Monday | posted by MacDonaill

20742

Business | 207404 hits | 9:00 AM on Sunday | posted by bootlegga

Billionaire Richard Branson has come to Vancouver's defense following the thrashing the city received in the British press for its staging of the "worst Olympics ever".

20634

Business | 206332 hits | 5:26 AM on Sunday | posted by kitty

While athletes vie to acquire it in Vancouver, Torontonians are rushing to turn theirs into cash

20669

Business | 206685 hits | 5:09 AM on Sunday | posted by kitty

Canada and the United States may be going to war on ice Sunday night in Vancouver, but you wouldn't know it from the love-in held here between some of the most powerful political leaders in the two countries.

20666

Business | 206653 hits | 8:14 PM on Friday | posted by Hyack

Candy icon Laura Secord is back in Canadian hands, Quebec-based chocolatier Nutriart Inc. confirmed Friday.

20678

Business | 206769 hits | 6:57 AM on Thursday | posted by stemmer

WASHINGTON – The Transportation Department plans to open a formal investigation into the 2009-2010 Toyota Corolla over potential problems with the car's power steering, a department official said Wednesday. The preliminary investigation is expected to

20691

Business | 206912 hits | 10:20 PM on Wednesday | posted by Hyack

More than a year after announcing a four-year delay in the long-running project, Sikorsky has just acknowledged that it is facing another setback in the delivery of the first of 28 aircraft.

20665

Business | 206658 hits | 6:36 AM on Wednesday | posted by stemmer

WASHINGTON — Complaints of deaths connected to sudden acceleration in Toyota vehicles have surged in recent weeks, with the alleged toll now at 34 since 2000, according to new consumer data gathered by the U.S. government. Meanwhile, complaints to a da

20653

Business | 206530 hits | 6:21 PM on Tuesday | posted by commanderkai

Feb. 15 (Bloomberg) -- Restrictions on oil and gas drilling will cost the U.S. economy $2.36 trillion through 2029, according to a study requested by state utility regulators and paid for in part by industry-sponsored groups.

20654

Business | 206543 hits | 1:47 PM on Tuesday | posted by QBall

Higher property taxes, higher business taxes and increased user fees are all part of Toronto's proposed 2010 operating budget.

20658

Business | 206579 hits | 6:08 AM on Tuesday | posted by bootlegga

A new study on Canadian family finances says the average household debt climbed to $96,000 last year. That puts the debt-to-income ratio at 145 per cent - the highest level ever recorded by the annual study, now in its 11th year. The study conducted

20678

Business | 206778 hits | 9:17 PM on Monday | posted by Robair

The federal government is expected to announce new rules Tuesday that would make it more difficult for first-time buyers to enter Canada's hot housing market. Sources have told The Canadian Press that Finance Minister Jim Flaherty is ready to move on t

20661

Business | 206611 hits | 9:02 AM on Sunday | posted by stemmer

Dearborn --Ford Motor Co. says its turnaround is paying big dividends for its dealers, who it says saw their profits skyrocket in 2009. According to the automaker, profits for Ford dealers were 15 times higher last year than they were in 2008. Profits

20703

Business | 207027 hits | 7:15 AM on Saturday | posted by stemmer

TOKYO - Japanï¿½s Koito Industries has admitted to fabricating safety data for seats in more than 1,000 aircraft used by Air Canada and 31 other carriers, striking another blow to corporate Japanï¿½s image of reliability.

20677

Business | 206773 hits | 1:35 PM on Wednesday | posted by ManifestDestiny

20681

Business | 206787 hits | 11:54 AM on Wednesday | posted by Hyack

WASHINGTON-Canada’s controversial tar sands industry took its first retail blow Wednesday as two Fortune 500 companies announced plans to eliminate the high-carbon Alberta fuel from its supply chain.

20656

Business | 206562 hits | 11:40 AM on Wednesday | posted by Benn

OTTAWA — A civil liberties coalition says racial and religious profiling has become a fact of life when crossing the Canada-U.S. border. The Ottawa-based International Civil Liberties Monitoring Group wants Parliament to review the way people are treat

20674

Business | 206728 hits | 1:18 AM on Wednesday | posted by Hyack

Metro Vancouver has started a campaign to encourage Olympic tourists to drink the region's tap water instead of buying bottled water, creating a potential conflict with Coca-Cola Ltd., one of the Games' biggest official sponsors.

20662

Business | 206616 hits | 8:34 PM on Tuesday | posted by kitty

Italy's agriculture minister is defending his sponsorship of McDonald's new all-Italian burger amid criticism that he is selling out to a multinational corporation and sacrificing Italy's culinary reputation in the process

20763

Business | 207630 hits | 6:55 PM on Monday | posted by canucker

Ask CEOs to pick their favorite color and what they select will often be very different than what most people would pick.

20686

Business | 206857 hits | 11:19 AM on Monday | posted by bootlegga

The owner of an Edmonton west-end hotel says his business was unfairly tarnished by a travel website that named it one of the top-10 "dirtiest" places to stay in Canada. TripAdvisor.ca ranked the Howard Johnson Hotel on Stony Plain Road in eighth pla

20693

Business | 206928 hits | 9:23 AM on Monday | posted by WDHIII

TOKYO — Toyota plans to recall about 300,000 Prius hybrids worldwide over a brake problem and will notify the U.S. and Japanese governments Tuesday, a news report said, as a top executive will testify before U.S. lawmakers over recall woes that have tarni

20651

Business | 206509 hits | 5:57 AM on Monday | posted by bootlegga

Canada's short-track speedskating team might be favoured to claim a handful of medals at the Vancouver Olympics but it's leaving nothing to chance. On Sunday, members of the squad, including medal favourites Charles Hamelin and Kalyna Roberge, marched

20677

Business | 206774 hits | 4:54 AM on Monday | posted by stemmer

The automaker has undergone several investigations about such concerns starting in 2004, when complaints began filtering in about 2002 and 2003 Toyota Camry and Lexus ES models. And NHTSA opened a file on Toyota in 2007 to look into acceleration issues on

20677

Business | 206757 hits | 8:34 PM on Sunday | posted by Hyack

HALIFAX — Seal hunters are expecting the time they spend off Cape Breton this year will be much more lucrative than the last. They have found a buyer for the full quota of 2,200 seal pelts for the Hay Island hunt, Robert Courtney of the North of Smokey-In

20657

Business | 206573 hits | 8:44 AM on Sunday | posted by wildrosegirl

Toyota is facing potential class-action lawsuits that could be worth nearly $1 billion in Canada alone, says the law firm that's looking to launch the suits in the wake of the automaker's massive recall.

20649

Business | 206493 hits | 8:38 AM on Sunday | posted by wildrosegirl

The world’s top financial leaders promised Saturday to continue stimulus spending, even as the global economic recovery picks up, and to hold financial institutions financially responsible for any future crisis stemming from the sector.

20690

Business | 206902 hits | 10:35 AM on Saturday | posted by stemmer

Honda has announced the recall of 646,000 cars globally to fix a switch defect that could cause a fire.

20680

Business | 206804 hits | 7:13 AM on Saturday | posted by stemmer

NEW YORK (CNNMoney.com) -- Problems with Toyota cars are cropping up faster than the automaker can deal with them. Following two different recalls for problems involving accelerator pedals on various models comes the revelation of braking problems in the

20660

Business | 206603 hits | 7:03 AM on Saturday | posted by stemmer

Toyota Canada announced Friday that it has resumed deliveries to dealers of the eight models the automaker recalled on Jan. 21. It also said that as of Friday, it will begin notifying owners of vehicles recalled because of sticky accelerator pedals and

20670

Business | 206699 hits | 7:45 AM on Friday | posted by uwish

Canadian companies are now exempt from controversial Buy American provisions introduced by Washington in the wake of the recession, under a new deal that International Trade Minister Peter Van Loan has confirmed. Van Loan announced Friday morning that

20659

Business | 206585 hits | 3:18 AM on Friday | posted by stemmer

Toyota Motor Corp. is set to recall 270,000 of its hybrid Prius models in the U.S. and Japan, according to a top Japanese business newspaper.

20687

Business | 206876 hits | 7:59 AM on Thursday | posted by stemmer

Toyota Motor Corp., currently in the midst of a massive recall of vehicles in the United States, Europe and elsewhere over potentially faulty accelerators, was aware of a gas pedal flaw as early as the spring of 2007, according to industry sources.

20666

Business | 206667 hits | 4:56 AM on Thursday | posted by stemmer

TOKYO - Toyota said Thursday there was a brake design flaw with its Prius hybrid, in a major new blow to the world's top automaker, already facing a two-billion-dollar bill from massive safety recalls.

20685

Business | 206846 hits | 3:33 PM on Wednesday | posted by Hyack

Some Vancouver restaurants are raising their prices during the two weeks of the 2010 Games, a CTV News investigation has found.

20677

Business | 206777 hits | 8:18 AM on Wednesday | posted by stemmer

U.S. Transportation Secretary Ray LaHood is telling owners of recalled Toyotas to stop driving the vehicles and get them fixed.

20651

Business | 206512 hits | 7:10 AM on Wednesday | posted by stemmer

The National Highway Traffic Safety Administration is investigating whether electromagnetic signals such as those from radar and cellphones could be interfering with electronic gas-pedal controls in vehicles including Toyotas, according to a federal offic

20652

Business | 206527 hits | 8:10 PM on Tuesday | posted by stemmer

U.S. Transportation Secretary says ‘we're not finished' with auto maker and calls Toyota ‘a little safety deaf'

20656

Business | 206564 hits | 11:20 AM on Tuesday | posted by stemmer

Detroit -- Ford Motor Co.'s sales rose 25 percent in January, buoyed by a stronger economy and Toyota Motor Corp.'s decision to halt U.S. sales of eight popular models because of faulty gas pedal systems. Ford said today car sales rose 43 percent while

20655

Business | 206538 hits | 11:10 AM on Tuesday | posted by stemmer

Yuri Kageyama / Associated Press Nagoya, Japan -- Toyota's fix for the gas pedal problem that led to the recall of millions of cars has not come soon enough to prevent a consumer backlash in the U.S. and elsewhere that is battering its sales. One of

20703

Business | 207030 hits | 4:25 PM on Monday | posted by Hyack

Metro Vancouver's sex industry is preparing to welcome a deluge of visitors when the Olympic Games begin in less than two weeks. Vancouver's most prominent strip club is planning Olympic-themed decorations, but keeping them secret for fear of a clampdown

20677

Business | 206774 hits | 9:52 AM on Monday | posted by WDHIII

It's a painful time for fans of the Edmonton Oilers as the club stretched their winless streak to 13 games with a 6-1 loss to the rival Calgary Flames on Saturday, but its not just fans who are feeling the affects, businesses say they too are getting pinc

20661

Business | 206610 hits | 8:11 AM on Monday | posted by Regina

Ask president Rory Bochinski about his unique product and his approach to using it

20701

Business | 207015 hits | 5:08 AM on Monday | posted by stemmer

Toyota Canada has revealed it will install a steel reinforcement bar to fix the sticky pedal problem that has resulted in a massive recall.

20821

Business | 208198 hits | 7:25 PM on Sunday | posted by Hyack

The Eurocan paper mill in Kitimat, B.C., shut down production on Sunday after more than 40 years in operation.

20676

Business | 206748 hits | 11:00 AM on Saturday | posted by stemmer

Davos, Switzerland (CNN) -- Toyota's president apologized Friday for the gas pedal problems that have forced the recall of millions of vehicles in the United States and Europe, Japanese media reported. It was Akio Toyoda's first remarks since the lates

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