Canada Business News
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Venezuelans blocked from buying flights out
Venezuelans are finding out that their money is no good with one airline, and others may also cut off the country from flights abroad. Air Europa, a Spanish discount airline, suspended sales of tickets in bolivars, the Venezuelan currency, because Venezue
JPMorgan agrees to pay $1.7-billion to settle Madoff case
JPMorgan Chase & Co will pay a $1.7-billion penalty to settle charges by U.S. federal authorities that the bank failed to report suspicious activity relating to Bernard Madoff’s Ponzi scheme. The bank had violated laws requiring that it monitor customer a
NAFTA turns 20: Mexico is pact's biggest winner
The North American Free Trade Agreement was an important step for all three members, but the evidence points to Mexico — at the time the weak sister in the group that included two G7 economies, the United States and Canada — as by far the biggest winner.
10 fees that might be worth paying
Nexus, Costco, Scotia Visa, CAA: Some fees we love to hate, but others, like annual fee credit cards, can be worth it if they save time, money
Target hackers got card PIN numbers too
Target says customers' encrypted PIN data was removed during the massive data breach that occurred earlier this month. Previously Target had said that encrypted data was stolen but stopped short of identifying it as PIN numbers. But the company issued a s
Target Says Data Was Stolen From 40 Million Shoppers
Target confirmed Thursday morning that it was investigating a security breach involving stolen credit card and debit card information for 40 million of its retail customers. Target’s announcement came one day after a security blogger, Brian Krebs, first r
WestJet 'Christmas miracle' video warms hearts on social media
More than 250 passengers on Calgary-bound flights were part of a "Christmas miracle" put on by WestJet. The Calgary-based airline had a virtual Santa ask passengers what they wanted for Christmas as they scanned their boarding passes in Toronto and Hamilt
Global trade deal reached after 2 decades
The World Trade Organization has forged a deal that could add $1 trillion to the world economy. It's aimed at cutting red-tape to help poorer countries sell their goods to wealthier nations.
New $30M Alberta biofuel plant largest of its kind in Canada
Starting today, a company in southern Alberta hopes to turn manure and other farm waste into money, with government help. Lethbridge Biogas LP says its $30 million plant, which produces electricity, is the largest project of its type in Canada.
CWBA argues competition creates chaos at portsFarmers facing long delays to deliver their grain are not accepting Agriculture Minister Gerry Ritz’s excuses for the chaos at Canada’s grain ports warned the Canadian Wheat Board Alliance, a prairie wide organization representing grain farmers.
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