News/Business (Page 28)

Business The Canadian economy grew at an annualized rate of one per cent in the third quarter, Statistics Canada said on Friday. Bank of Canada’s October forecast for GDP was 1.5 per cent Jenna Benchetrit · CBC News · Posted: Nov 29, 2024 8:36 AM EST | Last Updated: DecemberContinue Reading

Business·GO PUBLIC Rogers CEO summoned to Ottawa after avoiding questions about price increases in contractsThe CEO of telecom giant Rogers Communications has been ordered to appear before a parliamentary committee after sending a last-minute substitute in his place. MPs had asked to hear from CEO Tony Staffieri after a seriesContinue Reading

Business Canada’s Competition Bureau is suing Alphabet’s Google over alleged anti-competitive conduct in online advertising, the antitrust watchdog said on Thursday. Antitrust watchdog seeks order aiming to make Google sell 2 ad tools, pay a penaltyThomson Reuters · Posted: Nov 28, 2024 4:36 PM EST | Last Updated: November 28Continue Reading

Business The union representing Canada Post workers says the Crown corporation has been laying striking employees off as the labour action by more than 55,000 workers approaches the two-week mark. ‘Mass amount’ of records of employment sent out, according to CUPW negotiator Jenna Benchetrit · CBC News · Posted: NovContinue Reading

Business Donald Trump’s proposed tariffs could have sweeping, global repercussions. What would the tariffs and responses mean for the global economy? ‘This would raise trade costs to levels last seen in the run-up to the Great Depression’ Peter Armstrong · CBC News · Posted: Nov 28, 2024 4:00 AM ESTContinue Reading

Business Black Friday is here, and it’s hard to miss. Posters scream about big sales while emails flood inboxes — warning the savings are for one day only. It’s become one of the busiest shopping days of the year. But experts say it’s also a time when impulse spending can spiral outContinue Reading

Business Hyundai is recalling 48,509 SUVs and small cars in Canada, plus an additional 226,000 in the U.S., because the rearview camera image may not show up on the screens. Owners will be notified to bring their cars to Hyundai dealer for replacement cameraCBC News · Posted: Nov 27, 2024 4:09Continue Reading

Business Walmart, the world’s largest retailer, is rolling back its diversity, equity and inclusion policies, joining a growing list of major corporations that have done the same after coming under attack by conservative activists. It’s not clear what impact these changes will have at Walmart Canada. In shadow of U.S.Continue Reading

Business The Canadian dollar fell to its lowest level since May 2020 after Donald Trump threatened to impose tariffs on Canadian goods shipped to the United States once he takes office in January. Loonie has been moving lower against the U.S. dollar since September Craig Wong · The Canadian PressContinue Reading