RSS Amplifier

News source

CBC | Business News

FOR PERSONAL USE ONLY

cbc.caRSS feed ↗20 articles

Overdue Last read · last published · next check
Last read 12 hours ago, longer than this feed's 1 hour schedule.

Latest articles

What's at stake as Meta faces potential landmark trial in U.S. federal court

Meta has lost two trials concerning child safety on its platforms so far this year and settled a third case. The company now faces what could be its most consequential trial yet, in federal court beginning Tuesday.

Inflation rate rose to 3% in July as gas prices climbed again

The resumption of hostilities in the Middle East in July sent gas pump prices back up, after a brief ceasefire cooled them in June. Inflation for food bought from stores cooled in July, with fresh vegetable and chicken prices driving the decline.

Why is Australian beef the cheaper option in Canadian grocery stores?

Australian beef is on supermarket shelves across Saskatchewan now, and the prices are much lower than for Canadian beef.

Canadair water-bomber builder feels heat of demand as wildfires rage around the world

As Canada, the United States and Europe grapple with another brutal wildfire season, pressure is building on the manufacturer of the Canadair "Super Scooper" water bombers to increase production, and on the federal government to bulk order the planes.

Stellantis is considering closing and selling Brampton assembly plant, Unifor says

A national union says it was told by Stellantis this week that it is seriously considering the closure and sale of the Brampton assembly plant. In a statement, Stellantis said its focus remains on finding a sustainable manufacturing solution for the plant.

Trump trade rep says Washington 'not going to tolerate' retaliation as tariff deadline looms

Donald Trump's trade envoy says the administration will not accept any form of retaliation from Canada if the U.S. president follows through on his latest tariff threat.

Detroit automakers fear North American trade deal revamp could cost them billions

U.S. auto executives worry that U.S. proposals floated ahead of talks scheduled with Mexican trade officials next month could jack up costs even further.

A Canadian payment giant is being sold to U.S. private equity. Is your digital privacy at risk?

Royal Bank of Canada and Bank of Montreal are selling payment processor Moneris Solutions Corp. to San Francisco-based investment firm Francisco Partners. Some analysts are raising concerns around what the deal means for Canada's digital sovereignty amid the country's trade war with the U.S.

WestJet agrees to pay settlement in sexual harassment suit

WestJet has agreed to pay $4.5 million to settle a sexual harassment class-action lawsuit launched a decade ago involving more than 3,000 flight attendants, according to the lead plaintiff and her lawyer.

Ontario unveils new data centre framework amid calls for moratoriums

Ontario Premier Doug Ford was in Guelph Thursday to announce the province's new data centre framework. The framework will serve as the basis for data centre approvals in the province. The announcement comes amid widespread calls for data centre moratoriums in Ontario.

Cultural sector urges Carney to keep tax on large streamers to fund Canadian content

Dozens of Canadian cultural sector organizations are calling on Prime Minister Mark Carney not to scrap rules requiring foreign streaming companies like Netflix to make financial contributions toward Canadian content.

Carney, Trump to be given 'options' following latest trade talks, says U.S. rep

U.S. Trade Representative Jamieson Greer said both U.S. President Donald Trump and Prime Minister Mark Carney will now be given "options" following trade talks between Canadian and U.S. trade officials on Thursday.

Canada, U.S. not yet ready to make tariff deal, Canada unsatisfied with latest U.S. offer: sources

As the clock ticks toward U.S. President Donald Trump's latest tariff deadline, Canada and the U.S. aren't at a point where a tariff deal can be reached — and Canadian officials are not satisfied with the latest U.S. offer, according to two sources with knowledge of the trade talks.

Concert delayed for hours? Here’s what your ticket actually guarantees

A concert ticket guarantees entry, but what about the show time? After major delays like Ne-Yo and Akon in Calgary and a four-hour wait for Jay-Z in New York, fans are pulling back the curtain on what rights concertgoers actually hold.

'An absolute gut punch': Dozens facing unemployment as South Keys Metro converts to Food Basics

A Metro grocery store in Ottawa's South Keys neighbourhood will be replaced by a Food Basics this fall, costing dozens of employees their jobs.

CUSMA breakdown could mean hundreds of thousands of jobs, a trillion dollars lost: report

A new report from the Canadian American Business Council found that a failure to renegotiate a North American trade deal would have widespread impacts on the Canadian economy, including the loss of 102,000 Canadian jobs and 214,000 American ones. On the flip side, a successful renegotiation would add jobs and boost GDP.

Curaleaf to take offer directly to shareholders in bid to buy Edmonton-based Aurora Cannabis

Aurora Cannabis Inc. says it will consider an offer from a U.S. cannabis company making a play to takeover the Edmonton-based firm.

Investor group provides potential lifeline to Sherritt International and its Alberta refinery

A consortium including an unnamed U.S. anchor investor, Kyma Capital Ltd., Trifon Natsis and Glencore Ltd. say they submitted a non-binding recapitalization proposal to Sherritt International Corp. after U.S. sanctions against Cuba hampered the Canadian mining company.

Canada, U.S. trade officials mapping out potential deal to pitch to Trump next week: sources

Canada-U.S. Trade Minister Dominic LeBlanc and his American counterpart are aiming to present U.S. President Donald Trump a path to a potential trade deal as early as Monday, CBC News has learned.

Feds announce $100M program to cover 50% of shipping steel in Canada by rail and water

The federal government is pumping $100 million into Canada's steel industry with a new program that will pay for half the costs of transporting Canadian-made steel by ship or by rail within the country.