News/Business

Business Competition Bureau gets court orders against Air Canada, WestJet for market infoThe Competition Bureau has obtained court orders requiring Air Canada and WestJet to hand over information for the watchdog’s market study into airline competition. The Canadian Press · Posted: Oct 03, 2024 2:46 PM EDT | Last Updated:Continue Reading

Business Video game maker Epic Games is introducing two new parental controls for its popular games Fortnite and Unreal Editor for Fortnite (UEFN) to help parents and guardians monitor how much time their children spend gaming. Company introduces 2 new features: Time Limit Controls and Time Reports The feature willContinue Reading

Business Private equity firm Altor said on Wednesday it has agreed to buy a majority stake in Canada’s iconic 125-year-old brand CCM Hockey, which specializes in manufacturing sports equipment and apparel. CCM Hockey products are used by star players including Auston Matthews, Sidney Crosby and Connor McDavidThomson Reuters · Posted:Continue Reading

Business·Analysis After more than 190 countries signed the Paris Accord in 2015 — codifying an international push to keep global temperatures well below 2 C warming from pre-industrial levels — many companies made bold climate pledges. But meeting them is a tougher proposition. Volvo, Shell, Air New Zealand among companies thatContinue Reading

Business With U.S. port workers on strike as of Tuesday morning, consumers around the world — and especially in Canada, with its close trade ties to the U.S. — could soon start seeing a shortage of goods or higher prices. Everything from fresh produce to retail to imported cars couldContinue Reading

Business Canada could offer firms some relief from a 25 per cent surtax that is due to be imposed later this month on imports of Chinese steel and aluminum, Finance Minister Chrystia Freeland said on Tuesday. Separately, credit card transaction fees to be reduced for small businesses by up to 27Continue Reading

Canada’s new tariff on electric vehicles from China will reverberate through a multitude of industries and could lead to repercussions well beyond the electric vehicle market, according to analysts. The 100 per cent tariff on imports of Chinese-made EVs (and some hybrids), including cars, buses, trucks and delivery vehicles, takes effect on TuesdayContinue Reading

Business Toronto-Dominion Bank is set to pay more than $20 million US as part of a deal with American authorities to resolve an investigation into a former employee’s fraud trading tactics to manipulate the U.S. Treasuries market. Deal will end criminal and civil probe into former employee’s fraud trading tacticsThomsonContinue Reading

Business The U.S National Highway Traffic Safety Administration said on Monday that General Motors’ self-driving car unit Cruise will pay a $1.5 million US fine after it failed to disclose details of a serious October 2023 crash involving a pedestrian. Cruise failed to report crash involving pedestrian, regulators sayThomson ReutersContinue Reading