Business

Inflation rises again, hitting 2.4% in January

Gas prices rose 11.2% due to events in Middle East and coronavirus outbreak

Higher costs should kill Trans Mountain pipeline, federal opposition says

Most recent total was $12.6 billion, much higher than a previous $7.4-billion estimate

Ottawa to change stress test rate for insured mortgages next month

Qualifying rate will be borrower’s contract rate or weekly median 5-year fixed insured mortgage rate

Air Canada expects hit in Q1 of 2020 due to novel coronavirus and MAX grounding

The outlook came as Air Canada reported a fourth-quarter profit of $152 million

Pier 1 files for bankruptcy protection amid online challenge

Pier 1 said it will pursue a sale, with a March 23 deadline to submit bids

CREA reports home sales up 11.5% compared with a year earlier

Home prices declined slightly in Greater Vancouver and in Prairie cities

Kenney says ongoing rail blockade risks becoming an economic crisis

‘I think Canadians are losing patience with this. I know Indigenous people are’

StubHub to pay $1.3 million penalty in misleading ticket price claims case

Competition Bureau found that company was not selling tickets for cost it had promoted

Alberta unloads crude-by-rail contracts signed under former NDP government

Former premier Rachel Notley planned to move up to 120,000 barrels a day under deals with CP, CN

Community drives media evolution

Transformation brings Black Press Media to historic audience milestone

  • Feb 12, 2020

Canadian consumer, business insolvency filings grew by 9% in 2019: report

More than 97 per cent of insolvency filings were by consumers

Statistics Canada says economy added 34,500 jobs in January, unemployment down

Economists on average had expected an increase of 15,000 jobs for January

Federal privacy watchdog wants judge to declare Facebook broke laws on personal info

In 2019, Daniel Therrien found that Facebook allowed personal data to be used for political purposes

Flair Airlines touts unlimited travel pass for $700 as competition heats up

Swoop unveiled a so-called loonie sale, offering 100,000 seats for a base fare of $1 before taxes, fees

Vancouver-based Teck Resources aims to be ‘carbon neutral’ by 2050

Firm behind Frontier oilsands mine in Alberta says it will avoid emissions production where possible

Cenovus pledges $50 million to build Indigenous housing in Alberta

Oilsands producer earmarks funds for six northern communities near its oilsands operations

Industry group forecasts $2-billion rise in oil and gas spending this year

Canadian Association of Petroleum Producers points to provincial government policies

Tim Hortons pulls Beyond Meat breakfast sandwiches from B.C., Ontario menus

‘Ultimately, our guests choose to stay with the meat option’

Canada eyes U.K.’s decision to grant Huawei partial access to 5G network

Canada the last of ‘Five Eyes’ intelligence allies to decide who will supply its 5G network equipment