News/Business (Page 23)

Business·Analysis When Parliament was prorogued, all bills and motions that had not yet received royal assent were essentially killed. So why is the Canada Revenue Agency charging higher capital gains taxes that were never formally adopted by Parliament? Some Canadians may be forced to pay higher capital gains tax forContinue Reading

Business Meta is ending its fact-checking program in the U.S. and replacing it with a system similar to the “Community Notes” on Elon Musk-owned X, the Facebook parent said on Tuesday. Company will replace the program with a user-written ‘community notes’ systemThomson Reuters · Posted: Jan 07, 2025 10:35 AMContinue Reading

Business It’s a new year with a new full-time return-to-office mandate for Amazon’s global workforce, including those who work in Canada, and not everyone is pleased with the change. The tech giant and online retailer is requiring workers to return to the office full time Laura MacNaughton · CBC NewsContinue Reading

Business Apple has agreed to pay $95 million US to settle a lawsuit accusing the privacy-minded company of deploying its virtual assistant Siri to eavesdrop on people using its iPhone and other trendy devices. Company accused of surreptitiously activating virtual assistant to record conversationsThe Associated Press · Posted: Jan 03,Continue Reading

Ramtin Attar is standing inside an unremarkable warehouse, in an ordinary-looking industrial park near Edmonton’s airport, looking at some robots he believes could be revolutionary for the construction business. Attar is the CEO and co-founder of Promise Robotics — part of a small group of Canadian companies and researchers working onContinue Reading

Business Toys “R” Us Canada says it is closing five Ontario stores and revamping several others as it works to “optimize” its business. Locations in London, Thornhill, Mississauga, Sudbury and Stoney Creek to closeThe Canadian Press · Posted: Jan 02, 2025 4:07 PM EST | Last Updated: January 2 ShoppersContinue Reading

Business Tesla’s global sales rose 2.3 per cent in the fourth quarter after a sluggish start to the year contributed to the electric car company’s first year-over-year sales decline since 2011. Dip comes as overall demand for electric vehicles in the U.S. and elsewhere slowsThe Associated Press · Posted: JanContinue Reading

Business Canada’s top-paid CEOs made over 200 times more than the average worker in 2023, says a new report — yet the gap between executives and employees narrowed slightly that year, as workers’ wages rose and corporate profits declined during the comedown from high inflation. Wage gains, lower corporate profits tightened chasmContinue Reading

Business Canada’s antitrust regulator said on Monday it was suing Rogers Communications Inc. for allegedly misleading consumers about offering unlimited data under some phone plans. Rogers disagrees with bureau’s assessment, says it will fight claimsThomson Reuters · Posted: Dec 23, 2024 4:19 PM EST | Last Updated: December 23, 2024Continue Reading