News/Business (Page 65)

Business·CBC Explains Manulife has announced that as of this month, its coverage of 260 specialty prescription drugs will apply only at Loblaw-owned pharmacies. CBC News answers your questions about the deal. Group of 260 specialty medications included in the exclusivity deal Jenna Benchetrit · CBC News · Posted: Jan 31,Continue Reading

Business Rent prices in Canada soared last year as supply struggled to keep up with demand, leading to the lowest national vacancy rate on record since the Canada Mortgage and Housing Corp. began tracking that data in 1988. Economist says Canada has a ‘chronic lack’ of housing supplyThe Canadian PressContinue Reading

Business The first human patient received an implant from Elon Musk’s computer-brain interface company Neuralink over the weekend, the billionaire says. Patient ‘recovering well,’ Musk said, but no details have been shared by companyThe Associated Press · Posted: Jan 30, 2024 1:21 PM EST | Last Updated: January 31 BillionaireContinue Reading

Business Canadian insurance company Manulife announced that its coverage of certain specialty prescription drugs will only apply at Loblaw-owned pharmacies, a deal that pharmacare policy experts say raises concerns about competition and patient access to much-needed medication. Exclusivity deals between insurance firms, pharmacies gaining traction in CanadaThe Canadian Press · Posted: Jan 30, 2024Continue Reading

Manulife says its coverage of certain specialty prescription drugs will only apply at Loblaw-owned pharmacies, raising questions over the relationship between insurance providers and major pharmacy retailers. For independent pharmacists like Kyro Maseh, who owns Lawlor Pharmasave in Toronto, the deal signals another shift away from personalized care for patients who have aContinue Reading

Business Toyota Motor Corp. is urging owners of certain older vehicle models to stop driving and get immediate repairs because an airbag inflator could explode and potentially kill motorists.  Company reissues warning from 2015, trying to reach remaining ownersThomson Reuters · Posted: Jan 29, 2024 5:03 PM EST | LastContinue Reading

Business Court documents show Flair Airlines owes the federal government $67.2 million in unpaid taxes, prompting the Canada Revenue Agency to obtain an order for the seizure and sale of the carrier’s property. Airline’s CEO says the company and CRA have agreed on a payment planThe Canadian Press · Posted:Continue Reading

Business·Video Industrial and commercial spaces are adapting to the growing popularity of pickleball, a paddle sport whose advocates say doesn’t have enough places to play the game. That’s led to shopping malls converting closed department stores into multi-court spaces. Growing popularity of the paddle sport leads to unique locations ofContinue Reading

Business Hong Kong court orders Chinese property developer Evergrande to liquidateA Hong Kong court on Monday ordered the liquidation of property company China Evergrande Group, a move likely to send ripples through China’s crumbling financial markets as policy-makers scramble to contain the deepening crisis. World’s most indebted developer unable toContinue Reading