News/Business (Page 27)

Business·Analysis One easy way to offset the damage of Trump’s tariffsDonald Trump’s proposed tariffs could plunge Canada into a recession. Experts say opening up inter-jurisdictional trade within the country could boost growth enough to offset that damage. Trade barriers between the provinces and territories hinder economic growth Peter Armstrong ·Continue Reading

Business Months after WestJet added a controversial ultrabasic ticket that didn’t allow travellers to bring a carry-on bag, Air Canada is following suit by stripping carry-on baggage from its cheapest tickets on some routes.  Airline says basic fare for North American and sun flights will not include carry-on bags AirContinue Reading

Business Norway’s sovereign wealth fund, the world’s largest, has sold all of its shares in Israel’s Bezeq, which provides telecommunications services to Israeli settlements in the occupied West Bank. Companies active in occupied Palestinian territories were under reviewThomson Reuters · Posted: Dec 04, 2024 3:59 PM EST | Last Updated:Continue Reading

Business Canada’s biggest Asian grocery chain is expanding into the U.S., hoping to bring its patented array of food, skin care and more to a new market. The chain will open its first U.S. store on ThursdayThe Canadian Press · Posted: Dec 04, 2024 1:42 PM EST | Last Updated:Continue Reading

Business A Delaware judge ruled on Monday that Tesla CEO Elon Musk still is not entitled to receive a $56 billion US compensation package despite shareholders of the electric vehicle company voting in June to reinstate it. Tesla promises to appeal ruling in 6-year battle, which came after ‘novel’ shareholderContinue Reading

Business Negotiations between Canada Post and the union for postal workers are still on hold as of Monday afternoon, though both sides have said they’re working to get back to the table. Both sides looking to ‘restart’ negotations with mediatorThe Canadian Press · Posted: Dec 02, 2024 5:59 PM ESTContinue Reading

Business The U.S. Postal Service has temporarily suspended accepting mail headed to Canada due to the strike by Canada Post workers. Service asking people to refrain from sending mail addressed to CanadaThe Canadian Press · Posted: Dec 02, 2024 11:50 AM EST | Last Updated: December 2 The U.S. PostalContinue Reading

Business The latest move from Canada Post comes after the union filed an unfair labour practice complaint with the Canada Industrial Relations Board over the layoffs of striking employees, saying the layoffs are an “intimidation tactic” that violates the Canada Labour Code. Workers, Crown corporation at odds over extending deliveriesContinue Reading

Business Competition Bureau says Google ‘abused’ its dominance of online ads. But what can really be done about it?In its case targeting how Google buys and sells online advertising in Canada, the Competition Bureau says the company “has abused its dominant position.” But those who study the tech giant sayContinue Reading