News/Business (Page 57)

Business·Analysis EV sales have slowed. Do massive subsidies still make sense?Honda and Toyota are promising billions in new EV investments as governments hand out subsidies and tax credits. But EV sales in North America have slowed amid concerns over costs and range anxiety. Tesla’s earnings drop as Ford and GMContinue Reading

Business Indigenous leaders say a new loan guarantee program from the federal government, announced last week in the 2024 budget, will be a huge boost for economic reconciliation. Why the new Indigenous loan guarantee program is a big deal James Dunne · CBC News · Posted: Apr 25, 2024 10:00Continue Reading

Business Tesla’s first-quarter net income plummeted 55 per cent, but its stock price surged in after-hours trading Tuesday as the company said it would accelerate the production of new, more affordable vehicles. Company signals it will start making smaller, cheaper models, earlier than forecastThe Associated Press · Posted: Apr 23,Continue Reading

Grocers’ solutions unlikely to solve Canada’s reusable bag problemReusable bags were meant to be a solution to Canada’s plastic bag ban, but the sheer amount of them in people’s homes has created another problem. Some major grocery chains are attempting solutions, but experts say they’re not doing enough. Canada’s plasticContinue Reading

Business·Analysis The federal government announced an increase in capital gains taxes as a way to ensure the wealthiest Canadian pay their fair share. But how exactly do we determine what a “fair share” is? Especially if, as some data suggests, the wealthiest are already paying a larger share of the overall income tax burden. Top 20%Continue Reading

Business Federal budget references to mortgage products aimed at Canadian Muslims have members of the community celebrating, along with the mortgage providers that look to serve them, despite a lack of detail from the government on what is to come. Government indicated that it’s ‘exploring new measures to expand access’Continue Reading

Business With top-tier pro leagues dealing with a mounting series of gambling-related scandals, it raises the question of what, if anything, can be done to limit future episodes of this nature. Education and policy key to limiting problems, experts and stakeholders say Geoff Nixon · CBC News · Posted: Apr 20, 2024Continue Reading

Business Tesla is recalling 3,878 Cybertrucks to fix an accelerator pedal pad that could come loose and get lodged in the interior trim, the U.S. National Highway Traffic Safety Administration said. Stuck accelerator pedal could cause the vehicle to accelerate unintentionally, U.S. agency saysThomson Reuters · Posted: Apr 19, 2024Continue Reading

Business Google said on Thursday it has terminated 28 employees after some staff participated in protests against the company’s cloud contract with the Israeli government. Some workers call move an ‘act of retaliation,’ say non-protesters also fired Thomson Reuters · Posted: Apr 18, 2024 10:38 AM EDT | Last Updated:Continue Reading