News/Business (Page 4)

Business Canada’s trade deficit narrowed to $506 million in March, beating expectations as imports fell at a faster rate than the drop in exports, data showed on Tuesday. Drop in exports to the U.S. was nearly compensated by increase in exports elsewhereThomson Reuters · Posted: May 06, 2025 9:19 AMContinue Reading

Business GameStop Canada says it has been acquired by French-Canadian entrepreneur Stephan Tetrault from the video game retailer’s struggling parent company. Company said in February it was looking to sell Canadian arm in re-evaluation of assetsThe Canadian Press · Posted: May 06, 2025 8:33 AM EDT | Last Updated: MayContinue Reading

Business U.S. President Donald Trump wants to impose a 100 per cent tariff on movies produced outside the country, a move that could devastate the Canadian film landscape — but experts are scratching their heads over how such a tax would work, given how intertwined the global film industry is.Continue Reading

Business Hudson’s Bay Co. has backtracked on its decision last month to cut commission pay earned by hundreds of cosmeticians and fragrance advisers during liquidation sales, CBC News has learned. But the retailer still won’t pay laid-off workers severance. Flip-flip follows CBC News report and grievance filed by some inContinue Reading

Business·Marketplace CBC’s Marketplace rounds up the consumer and health news you need from the week. The consumer news you may have missed this week Dexter McMillan · CBC · Posted: May 04, 2025 8:00 AM EDT | Last Updated: 6 hours ago Asked whether the company is making a bidContinue Reading

Business The union representing workers and Canada Post were back at the bargaining table this week, trying to hash out a deal before their collective agreement extension expires on May 22. The union representing workers and Canada Post resumed talks this week to reach a new collective agreement Abby HughesContinue Reading

Business The Vancouver-based apparel company said Thursday that the Asian nation is one of the top three countries it relies on to make its clothing. They plan to cut Chinese production to about 20 per cent for the fall-winter season, before reducing their reliance on China even further by nextContinue Reading

For years, Shein and Temu used a U.S. tax loophole to keep their costs low and send items to the country ultra-quickly. Not anymore. U.S. President Donald Trump signed an executive order on April 2 to end the de minimis exemption — a rule that allows small packages worth less thanContinue Reading

Business A couple’s more than four-year battle with Air Canada over compensation for a flight delay, which wound up in court, finally ended this week. Last week, the airline dropped the court case, and, on Wednesday, it paid the couple $1,000 each for a 24-hour flight delay. The airline saysContinue Reading