News/Business (Page 29)

Business Mechanics and clerks at Canadian National Railway Co. have voted overwhelmingly in favour of a strike mandate that could see workers walk off the job as early as New Year’s Day. Vote paves the way for potential strike starting January 1The Canadian Press · Posted: Nov 25, 2024 4:34Continue Reading

Business A growing number of businesses are appealing to waste-conscious customers with repair services, trade-in programs and recycled textiles. But some jurisdictions have decided to take a stronger tack, and are charging clothing makers to deal with items that have reached the end of their life. Growing number of jurisdictionsContinue Reading

Business Indian billionaire Gautam Adani, one of Asia’s richest men, may be facing his biggest challenge yet with an indictment by U.S. prosecutors for alleged fraud and bribery. But it’s unclear just how the case will affect his businesses and own future — as well as the Indian economy andContinue Reading

Business Canada Post says it lost $315 million before tax in the third quarter compared with a loss before tax of $290 million a year earlier. Earnings come amid strike by about 55,000 postal workers across the countryThe Canadian Press · Posted: Nov 22, 2024 9:36 AM EST | LastContinue Reading

Business·CBC Investigates Opposition MPs are aghast that after buying up two major Canadian companies, the foreign owner of one of Canada’s biggest forestry businesses is now also formally taking over an Indonesian-Chinese pulp and paper conglomerate from his family — a company he has long denied operating in tandem with.Continue Reading

Business·Analysis Will the Canadian dollar slip below 70 cents US?The Canadian dollar has slipped to its lowest level in five years. Outside of the depths of the COVID pandemic, the loonie is weaker than it’s been since 2015. Loonie’s long, slow decline has picked up speed since Trump’s re-election Peter ArmstrongContinue Reading

After the federal government announced on Thursday that it would introduce a holiday season tax break on some goods, some Canadians welcomed the move, while others said they saw right through it. “I think it’s going to be helpful for some people, which is really nice,” said Leemor Valin, who was shopping in Toronto. “I really feel strongly thatContinue Reading

Business Groupe Dynamite, the Montreal company behind women’s fashion retailers Dynamite and Garage, has launched its initial public offering on the Toronto Stock Exchange and starts trading Thursday. One of first major Canadian companies to go public after years-long IPO drought Jenna Benchetrit · CBC News · Posted: Nov 21, 2024Continue Reading

Business A recent inspection of a Tom’s of Maine facility found that the company’s toothpaste was made using bacteria-tainted water, among other health violations, according to the U.S. Food and Drug Administration. Agency also found mould near a water-storage tank at company facility Jenna Benchetrit · CBC News · Posted:Continue Reading