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Bank of Canada governor 'happy' to see plan for GTA housing market

cbc news - Sat, 04/22/2017 - 20:28

Measures to cool the housing market in the Greater Toronto Area have received a warm response from Canada's central banker, who said Saturday it should have some effect on runaway housing prices.

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'We don't blame you': Wisconsin farmers on Trump's blast at Canada's dairy industry

cbc news - Sat, 04/22/2017 - 13:02

In the wake of Donald Trump's comments about Wisconsin dairy farmers being treated unfairly by Canada, people in the dairy industry say the problem is more about overproduction of milk in the state.

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American Airlines worker challenges passenger to 'hit me' in fight over stroller

cbc news - Sat, 04/22/2017 - 10:50

American Airlines says it has suspended an employee after video emerged of a heated exchange with a passenger who came to the defence of a crying woman holding a baby.

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'I'm shaking my head': Hot Toronto housing market driving prices up in small town Ontario

cbc news - Sat, 04/22/2017 - 05:00

Blame Toronto. The city's hot housing market is spilling over into some unexpected Ontario towns, bringing higher home prices and unprecedented bidding wars.

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Should airlines be allowed to overbook flights and bump passengers?

cbc news - Sat, 04/22/2017 - 05:00

Bumping passengers from overbooked flights is both a widespread and legal industry practice. Still, some travellers are publicly protesting it. Experts say overbooking is here to stay but there are ways airlines can make it work for travellers.

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Real estate practice of 'double-ending' under scrutiny in Ontario

cbc news - Sat, 04/22/2017 - 05:00

The Ontario government recently announced that it is looking into the ethics of real estate agents representing both buyer and seller in Toronto's hot housing market

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Canadian entrepreneurs The Young Astronauts shine bright among stars of new media game

cbc news - Sat, 04/22/2017 - 05:00

With offices in Toronto and Los Angeles and clients like Ariana Grande and Nike, a media production company called The Young Astronauts has been on a rocket ship ride to the stars.

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Volkswagen emissions scandal settlement approved by courts in Ontario, Quebec

cbc news - Fri, 04/21/2017 - 17:44

Courts in Ontario and Quebec on Friday approved a class-action settlement with Volkswagen Group Canada Inc. involving emissions from 2.0-litre TDI diesel engines in roughly 105,000 vehicles.

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United CEO won't add chairman title in 2018 as was planned

cbc news - Fri, 04/21/2017 - 17:19

United Airlines says its CEO won't add the title of chairman next year as planned, as fallout continues from the violent removal of a passenger from a plane this month.

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Q & A: Your questions on Canada's roaring real estate market

cbc news - Fri, 04/21/2017 - 15:49

What do you want to know about real estate in Canada? CBC's Jacqueline Hansen hosted a Facebook Live to take your questions.

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Cenovus plans to accelerate drilling on acquired ConocoPhillips gas properties

cbc news - Fri, 04/21/2017 - 15:22

​The CEO of Cenovus Energy says his company plans to accelerate drilling of conventional gas wells on lands it's buying from ConocoPhillips through a $17.7-billion deal announced last month.

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Judge orders Volkswagen to pay $2.8B US in emission scandal

cbc news - Fri, 04/21/2017 - 14:13

A judge on Friday ordered Volkswagen to pay a $2.8 billion US criminal penalty in the United States for cheating on diesel emissions tests, blessing a deal negotiated by the government for a "massive fraud" orchestrated by the German automaker.

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Trump eyes changes to Obama's tax regulations and Wall Street rules

cbc news - Fri, 04/21/2017 - 12:50

President Donald Trump will sign an executive order Friday to review tax regulations set last year by his predecessor, and also sign a pair of memoranda to potentially reconsider two big elements of the 2010 Dodd-Frank financial reforms

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Wells Fargo expanding settlement related to sales practices scandal

cbc news - Fri, 04/21/2017 - 10:59

Wells Fargo & Co. said it would expand its class action settlement related to the lender's retail sales practices to include customer accounts as early as May 2002.

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113 Canadian hotels in Holiday Inn chain hit by credit card hack

cbc news - Fri, 04/21/2017 - 09:43

The hotel chain that owns Holiday Inn, Crowne Plaza, InterContinental and other brands said credit card information of their guests may have been stolen last year at thousands of locations, including more than 100 in Canada.

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Inflation cools to 1.6% in March in part due to cheaper clothes

cbc news - Fri, 04/21/2017 - 08:46

Canada's cost of living increased by 1.6 per cent in the year ended in March, slightly lower than the rate in February, as the prices for food, clothing and shoes declined.

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WestJet's pilots go for another unionization vote

cbc news - Fri, 04/21/2017 - 08:37

The same day that WestJet announced the launch of an ultra-low-cost-carrier, its pilots file the paperwork for another unionization vote. Will it be more successful than the last attempt?

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WestJet and the leap into no-frills flying

cbc news - Fri, 04/21/2017 - 05:00

Ultra-low-cost carriers go mainstream in Canada with WestJet's leap into the business. It may be good for fares, but is it good for WestJet?

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