News/Business (Page 26)

Business A proposed class-action lawsuit alleges more than a dozen landlords and property managers have conspired to artificially inflate rents across Canada. The suit claims they did it by using a piece of software called YieldStar. Move comes after U.S. Department of Justice filed similar suit against Texas-based RealPage Inc.Continue Reading

Business As the Canada Post strike involving more than 55,000 workers hit the 25-day mark, the union representing postal workers says it met with the Crown corporation and shared revisions to its latest proposal. Canadian Union of Postal workers shared revisions to Friday proposal from Canada Post Jenna Benchetrit · CBCContinue Reading

Business Canadian National Railway has reached a tentative agreement with the union representing its mechanical workers and clerks, the company announced on Monday, just two weeks after workers voted to authorize a strike. Details won’t be released publicly until the agreement is ratified Jenna Benchetrit · CBC News · Posted:Continue Reading

Business Investors took geopolitical tumult in their stride on Monday, leaving oil and gold modestly higher while the U.S. dollar edged up ahead of inflation data this week that could cement a December rate cut by the U.S. Federal Reserve. No signs of greater market volatility after weekend of political tumult inContinue Reading

Business·Marketplace CBC’s Marketplace rounds up the consumer and health news you need from the week. Consumer and health news you need from the week Dexter McMillan · CBC News · Posted: Dec 08, 2024 8:00 AM EST | Last Updated: December 8 Parents of young children are really struggling toContinue Reading

Business After a massive cyberattack on U.S. telecom firms and dozens of countries by a hacker group backed by China, security experts are worried about communication networks and even the privacy of text messaging for individual citizens. Canadians should consider encrypted messaging services to protect themselves, cybersecurity experts say JamesContinue Reading

Business Canada’s unemployment rate jumped to 6.8 per cent last month as more people looked for work in a weak job market, shifting expectations toward a jumbo interest rate cut next week. Economy added 51,000 jobs in November, but it was not enough to offset unemployment riseThe Canadian Press ·Continue Reading

Amid an influx of packages that would normally be sent through Canada Post, Purolator and UPS have paused shipments from some courier companies in order to catch up.  Purolator told CBC News on Thursday that severe weather and a surge in package volumes prompted it to freeze service for some partners,Continue Reading

Business The world’s most popular cryptocurrency hit another high as the election of Donald Trump for U.S. president continues to provide a massive boost for bitcoin. Trump nomination of cryptocurrency advocate for next chair of SEC providing boostThe Associated Press · Posted: Dec 05, 2024 9:58 AM EST | LastContinue Reading