Feed aggregator

Carbon pricing seems obvious to economists, but for many voters it just doesn't click: Don Pittis

cbc news - Wed, 03/14/2018 - 04:00

If you want to stop climate change — and most Canadians say they do — economists insist they know the most efficient way of making it happen.

Categories: test news

Privacy commissioner asks Loblaws why it's demanding customers send ID for $25 gift card

cbc news - Wed, 03/14/2018 - 04:00

Canada's privacy commissioner wants to know why Loblaws is demanding some customers provide a copy of their driver's licence or a hydro bill to get their $25 gift card.

Categories: test news

Canada just lost a key ally in the Trump administration in Rex Tillerson

cbc news - Tue, 03/13/2018 - 15:47

Following U.S. President Donald Trump's dismissal of Secretary of State Rex Tillerson, Foreign Affairs Minister Chrystia Freeland will have to build a new relationship with his replacement, Mike Pompeo, at a very critical time for Canada-U.S. relations.

Categories: test news

Loonie falls after Poloz suggests he's not ready to take away 'punch bowl'

cbc news - Tue, 03/13/2018 - 14:45

The Canadian dollar came under renewed selling pressure on Tuesday morning, falling half a cent after Bank of Canada Governor Stephen Poloz's speech suggested the pace of interest rates hikes may become more gradual as the economy expands without triggering inflation.

Categories: test news

OECD raises Canada's growth forecast after exemption from Trump tariffs

cbc news - Tue, 03/13/2018 - 11:52

The Canadian economy will grow even faster than previously expected this year, according to the OECD, as strong global growth spurs investment and trade.

Categories: test news

Longer car loans, mortgage renewals are risks banks need to keep an eye on, Moody's warns

cbc news - Tue, 03/13/2018 - 11:16

Rising consumer debt loads aren't a problem for Canadian banks yet, but they soon could be, a new report from Moody's says.

Categories: test news

Esso moves on from Aeroplan, switches loyalty program to PC Optimum

cbc news - Tue, 03/13/2018 - 09:48

Loblaw Companies Ltd. and Imperial Oil Ltd. have signed a deal that will allow PC Optimum members to earn points at more than 1,800 Esso gas stations starting this summer.

Categories: test news

U.S. inflation rate inches up to 2.2% in February

cbc news - Tue, 03/13/2018 - 08:55

U.S. consumer prices increased at a modest pace in February, underscoring that inflation pressures appear to be muted for now.

Categories: test news

There's still hope for liquefied natural gas on the West Coast

cbc news - Tue, 03/13/2018 - 04:00

The once sky-high aspirations to develop a LNG industry on the West Coast have crashed to the ground, but experts say the window of opportunity has yet to close as demand for the resource continues to rise around the globe.

Categories: test news

Competition Bureau searches Postmedia and Torstar offices in probe of newspaper deal

cbc news - Mon, 03/12/2018 - 16:10

Competition Bureau officials executed search warrants at the Toronto-area headquarters of Postmedia and Torstar on Monday, part of an investigation into a deal between the companies last November that saw them swap more than 40 community newspapers and then shut them down.

Categories: test news

How big of an economic threat are Trump's steel and aluminum tariffs?

cbc news - Mon, 03/12/2018 - 15:50

The economic impact of Trump's tariffs on steel and aluminum for the global economy and the U.S. is not as big as the threat of a trade war, according to economists.

Categories: test news

Air Canada computer problems cause long lines at airports

cbc news - Mon, 03/12/2018 - 13:09

A system-wide computer outage is leading to long lines at airports across Canada as some flights are having to be checked in manually.

Categories: test news

Apple buys magazine app Texture that's partially owned by Rogers

cbc news - Mon, 03/12/2018 - 12:55

Apple is buying magazine aggregating service Texture from a consortium of publishers including Rogers, for an undisclosed sum.

Categories: test news

'Cryptojacking' hacker trend turns Canadians into cryptocurrency miners

cbc news - Mon, 03/12/2018 - 11:06

Scores of Canadians dipped their toes into cryptocurrency mining in recent weeks — they just didn't realize it.

Categories: test news

Cash is more popular than ever, Bank of International Settlements says

cbc news - Mon, 03/12/2018 - 10:07

Even though more people now use cards, mobile phones or even facial recognition technology to pay street performers, buy pizza or donate to church on Sundays, hard cash is showing no signs of dying out, central bankers said.

Categories: test news

Discount airline Norwegian Air plans to fly between Canada and Europe this summer

cbc news - Mon, 03/12/2018 - 09:08

A Norwegian discount airline plans to offer no-frills direct flights between Canada and Europe starting this summer — the latest entrant in a hotly contested market that's driving down prices for consumers.

Categories: test news

End to proxy war on the Korean peninsula would have a global economic payoff: Don Pittis

cbc news - Mon, 03/12/2018 - 04:00

The cartoon images of Donald Trump and Kim Jong-un may be false, but the potential advantages to the Koreas of a one-on-one meeting are enormous.

Categories: test news