News/Business
Fox News Accused of Breach of Contract and Fraud by Tucker Carlson’s Attorneys
In a letter sent to Fox News executives on Tuesday, Tucker Carlson’s attorneys accused the network of breach of contract and fraud. The...
Stock markets fall, oil prices plummet as COVID-19 fears rise again
The Toronto Stock Exchange had its worst day in months on Monday as rising COVID-19 infections around the world gave investors a sobering...
Canadian house prices and home sales hit records in March — but have fallen every month since
The price of the average Canadian home that sold in June was $679,000, an increase of 25 per cent in the past year....
Risk of a housing slump, rising loonie mar good news for Canadian economy
Bank of Canada governor Tiff Macklem had some optimistic comments when he met with reporters Wednesday following his latest Monetary Policy Report. But, as usual,...
WestJet admits it was wrong to refuse customer refunds for rebooked flights
WestJet says it made an error when the airline rebooked thousands of customers on alternate flights and offered no refunds — only credit — to...
Shell unveils new carbon capture project amid wave of new CCS proposals in Alberta
Shell Canada unveiled plans Tuesday for a new facility in Alberta to capture emissions from its industrial complex and store the greenhouse gases underground....
Fully vaccinated and yearning to travel? Here are the new rules of the road
Canada’s announcement that fully vaccinated Canadian travellers can skip quarantine upon their return has inspired some people to start making travel plans. But...
Plenty of room for house prices in Canada to rise as interest rates stay low
In what’s shaping up as a post-pandemic battle for talent, an Ontario company has a plan to harness the Canadian itch to get into...
Pump prices expected to continue climb as oilpatch eyes better days ahead
With oil prices recently returning to some of their highest levels in years, experts say drivers should prepare to pay even more at the...
The high, human cost of global shipping in the pandemic: Sailors stuck at sea for months
For 11 months, Rolly Pague was stranded at sea, stuck on a giant shipping vessel feeding insatiable global demand sparked by the pandemic....
On this Canada Day, Canadians face calls for change — and economic historians have been trying to adjust
This week’s deadly heat wave, with its new record temperatures, is just one example of how the country’s economy seems to be embroiled in change this Canada...
Outrage over developer’s plan to buy single-family homes reveals a Canadian fixation
In the current overheated dog-eat-dog race to buy a home in Canada, we probably shouldn’t have been shocked by the wave of outrage triggered...
Canada’s inflation rate rises to highest level in a decade, at 3.6%
Canada’s inflation rate increased to 3.6 per cent in May, the fastest pace in a decade, Statistics Canada says. The data agency said...
Average Canadian house price up 38% compared to last year, but down from March
The average selling price of a Canadian home was $688,000 last month, a figure that has risen by more than 38 per cent...
Canada is easing its travel restrictions. Here’s what you need to know
After more than a year of travel restrictions that have impacted most Canadians, the federal government has finally begun to ease the rules....
Bank of Canada keeps benchmark interest rate at record low
The Bank of Canada decided to keep its benchmark interest rate steady at a record-low 0.25 per cent on Wednesday. The central bank...
