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Disband NEB and replace it with 2 separate agencies, expert panel recommends

cbc news - Mon, 05/15/2017 - 12:21

A report looking at how to modernize the National Energy Board (NEB) is calling for a complete overhaul, suggesting that it be replaced with two new agencies and its leadership moved from Calgary to Ottawa.

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Home Capital stems tide of withdrawals as savings account levels have stabilized

cbc news - Mon, 05/15/2017 - 11:59

Home Capital Group says its client deposit levels have stabilized over the past few days following a string of heavy withdrawals, and that it still has more available funds on its line of credit.

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Bell launches streaming TV app for $15 a month — but there's a catch

cbc news - Mon, 05/15/2017 - 11:46

Telecommunications and media giant Bell is taking a stab at on-demand mobile television for customers without a cable subscription, as the number of Canadians quitting traditional cable TV continues to increase.

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Average price of Canadian home hit $559,317 in April, up 10% in past year

cbc news - Mon, 05/15/2017 - 09:28

Canadian house prices continue to march higher, with the average price of one sold in April hitting $559,317 — an increase of more than 10 per cent in a year.

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Credit union employees say high-pressure sales targets turn 'members' into 'marks'

cbc news - Mon, 05/15/2017 - 05:00

Credit union employees say they're under the same pressure to upsell customers as their counterparts who work for Canada's big banks.

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Floods, food recalls and flying: CBC's Marketplace consumer cheat sheet

cbc news - Sun, 05/14/2017 - 09:00

Miss something this week? Here's the consumer news you need to know.

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West Texas oil boom threatens recovery in Canadian oilpatch

cbc news - Sun, 05/14/2017 - 05:00

In Canada's oil industry, the hope of higher prices springs eternal, but it's a faith that's now being tested by the oilfields of West Texas - the once and current centre of the global oil world.

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Rise of the veggie snack pack: How marketers are selling fresh produce to kids

cbc news - Sat, 05/13/2017 - 05:00

In the eternal battle to get kids to eat their vegetables, big produce companies have been paying increasing attention to first impressions, focusing on kid-friendly packaging and sizing to draw children and parents towards snack-ready fruits and vegetables.

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How Ontario is tackling U.S. protectionism in a Trump era

cbc news - Sat, 05/13/2017 - 05:00

U.S. national trade policies and protectionist measures at state levels could hit Ontario hard. In defence, Premier Kathleen Wynne has been phoning and meeting U.S. governors.

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Home Capital shares slide 12% as conference call fails to ease investor fears

cbc news - Fri, 05/12/2017 - 14:59

Shares in alternative lender Home Capital take a beating — despite the company posting record quarterly results the day before — because investors don't seem to like what they heard from management in a conference call laying out how they plan to turn the company around.

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PrivateBancorp shareholders approve $6.8B takeover by CIBC

cbc news - Fri, 05/12/2017 - 13:00

Shareholders of PrivateBancorp Inc. voted Friday to approve a takeover of the company by CIBC which twice-sweetened its bid in an effort to win support.

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HBC shares slip after company reports softer sales

cbc news - Fri, 05/12/2017 - 12:50

Shares of Hudson's Bay Co. slipped on the TSX on Friday, a day after the retailer reported a drop in its sales.

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Silicon Valley's secretive data mining giant Palantir keeps its profile low in Canada

cbc news - Fri, 05/12/2017 - 12:07

Spies, banks, and even chocolate maker Hershey have relied on Palantir's help to trawl through data, but what the company does in Canada is a mystery.

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Amaya says it wants to move to Toronto, change name to The Stars Group

cbc news - Fri, 05/12/2017 - 10:42

Amaya Inc. says it plans to change its corporate name and intends to eventually move its head office to Toronto from Montreal.

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