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Business The first three No Name stores will open in September in Windsor, St. Catharines and Brockville, capitalizing on Loblaw’s existing discount brand known for its simplified, bright-yellow packaging and marketing. Discount concept launched by grocer as Canadians seek cheaper optionsRosa Saba · The Canadian Press · Posted: Aug 22, 2024Continue Reading
For the first time, Canada’s two main railway companies, Canadian National Railway (CN) and Canadian Pacific Kansas City (CPKC), are on the verge of a simultaneous labour stoppage. The companies say they will start locking out workers in the early hours of Thursday if they cannot reach a deal, whileContinue Reading
Business On the eve of an unprecedented railway stoppage, some logistics firms are enlisting trucks to ship goods that otherwise would’ve been sent by rail. But truckers won’t be able to fill gap in transportation, says Freight Management Association of Canada Paula Duhatschek · CBC News · Posted: Aug 20,Continue Reading
Business Canada’s annual inflation rate slowed to 2.5 per cent in July — down from 2.7 per cent in June, Statistics Canada said Tuesday. Passenger vehicles, electricity see decline in inflation, Statistics Canada saysBenjamin Shingler · CBC News · Posted: Aug 20, 2024 8:46 AM EDT | Last Updated: August 20 AContinue Reading
Business As the federal government mulls whether to impose tariffs on Chinese electric vehicles, some Canadians say they would jump at the chance to buy a cheaper EV manufactured in that country. As Ottawa weighs tariffs, cheapest Chinese EV costs less than half of available options Benjamin Shingler · CBCContinue Reading
Business The company behind the 7-Eleven convenience store chain in Japan says it has received a takeover offer from Quebec-based Alimentation Couche-Tard Inc. In addition to 7-Eleven bid, Quebec-based company acquires 270 GetGo outlets across U.S.Tara Deschamps · The Canadian Press · Posted: Aug 19, 2024 11:33 AM EDT | Last Updated:Continue Reading
Business Apple is forcing content subscription service Patreon to send the tech giant 30 per cent of most payments on its iOS app. Patreon and says it can’t do much to work around it, which could lead creators to raise their prices to avoid losing money to Apple. App users,Continue Reading
Business Canada Jetlines is grounding all flights and says it is temporarily ceasing airline operations, effective immediately. Airline says it could not raise the financing needed to keep flyingThe Canadian Press · Posted: Aug 15, 2024 12:09 PM EDT | Last Updated: August 15 The future of Canada Jetlines isContinue Reading
Business Canadian home sales edged back by 0.7 per cent in July, according to the Canadian Real Estate Association. Housing market momentum hit pause after a solid June Jenna Benchetrit · CBC News · Posted: Aug 15, 2024 9:18 AM EDT | Last Updated: August 15 Canadian home sales edgedContinue Reading
Business North American industry groups and shippers are bracing for an unprecedented simultaneous stoppage at both of Canada’s main railway companies that could inflict billions of dollars of economic damage. Talks between railway companies and Teamsters union have deadlockedThomson Reuters · Posted: Aug 14, 2024 2:48 PM EDT | LastContinue Reading
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