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Air Canada's 'ancillary' fees for customers add up to big bucks

cbc news - Sun, 12/03/2017 - 05:00

Air Canada is among the top ten airlines in the world when it comes to earning so-called ancillary revenue — basically, money from all those extra fees — according to reports from a U.S. research company that tracks airline revenue.

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Why it can suck to fly in Canada: CBC's Marketplace consumer cheat sheet

cbc news - Sun, 12/03/2017 - 05:00

If you've been too busy this week to keep up with health and consumer news, CBC's Marketplace is here to help.

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'Displace Saudi barrels': a Trump-like cry heard in Canada

cbc news - Sat, 12/02/2017 - 05:00

The argument that Saudi oil doesn't have a place in Canadian refineries makes little economic sense, but that's because it's not really about oil.

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American Airlines reaches agreement with pilots, holiday flights now unaffected

cbc news - Fri, 12/01/2017 - 19:05

American Airlines has reached an agreement with its pilots union over premium pay for some December flights, both groups said on Friday, after a scheduling snafu gave too many pilots holiday time off and sent the airline scrambling to correct its mistake.

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Christmas tree prices rise for first time in almost a decade

cbc news - Fri, 12/01/2017 - 16:56

Holiday shoppers might have to fork over a little more for the evergreen scent of a natural Christmas tree this year as a shortage south of the border and increased demand for real trees put pressure on prices.

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Appeal court rules against Toronto Real Estate Board in dispute over keeping housing sales data private

cbc news - Fri, 12/01/2017 - 15:23

The Federal Court of Appeal has upheld a lower court decision ordering the largest real estate group in the country to make detailed financial information about home sales more open to the public.

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Brand name drug sales soar in Canada, while R&D sags

cbc news - Fri, 12/01/2017 - 14:50

Canada's manufacturers of brand name medicines have failed to invest 10 per cent of their annual sales into research and development as they have long promised. The industry earned a record $20 billion in 2016, yet spent just four per cent of that on in-house R&D in Canada.

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HBC reaches agreement with activist investor Land & Buildings

cbc news - Fri, 12/01/2017 - 14:22

Hudson's Bay Co. says it has reached an agreement with an activist investor to drop its opposition to an investment in the retailer by private equity firm Rhone Capital.

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Oshawa GM plant cuts worker shifts as it slows car output, adds truck line

cbc news - Fri, 12/01/2017 - 12:11

GM Canada says it will temporarily lay off employees at its Oshawa, Ont., works as it restarts a truck assembly line and scales back car production to address shifting American buyer preferences.

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Bitcoin rebounds after U.S. regulator approves futures

cbc news - Fri, 12/01/2017 - 11:24

Bitcoin rebounded on Friday to hit the day's highs above $10,500 US, recovering from an earlier dip below $9,500 US, after the U.S. derivatives regulator said it would allow CME Group and CBOE Global Markets to list bitcoin futures.

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CREA wants parents to assist children with home purchase with their RRSPs

cbc news - Fri, 12/01/2017 - 10:38

The federal government should allow parents who want to help their offspring with the purchase of a home to tap into their retirement savings, says The Canadian Real Estate Association, which also wants the maximum withdrawal limit bumped up by $10,000.

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Canadian economy expands at 1.7% annual pace in third quarter

cbc news - Fri, 12/01/2017 - 08:57

The Canadian economy expanded at an annualized rate of 1.7 per cent in the third quarter of 2017 as weaker exports applied downward pressure on growth.

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Canada adds 80,000 jobs in November

cbc news - Fri, 12/01/2017 - 08:40

The Canadian economy added eight times more jobs than expected last month, Statistics Canada reports.

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'It's just not fair': Canadian passenger won't be compensated, when in Europe she'd get $900

cbc news - Fri, 12/01/2017 - 05:00

Canada will soon have what the government calls a "world leading" airline passenger rights bill. Marketplace talks to passengers and advocates and finds they aren't so sure.

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Court ruling could bring an end to era of secretive real estate data monopoly

cbc news - Fri, 12/01/2017 - 05:00

A Court of Appeals ruling Friday could bring an end to a multi-year fight over who has access to data about how much homes sold for, information that realtors have fought long and hard to keep confidential in a practice that some critics say keeps consumers at a disadvantage.

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Rachel Notley makes the Great Canadian Pro-Pipeline Road Trip

cbc news - Fri, 12/01/2017 - 05:00

Alberta Premier Rachel Notley, federal Natural Resources Minister Jim Carr and Kinder Morgan's Ian Anderson all appealed to the national identity as they spoke to a business audience in Vancouver. It's a message that's not convincing to everyone.

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Dow Jones industrials breach 24,000 for first time

cbc news - Thu, 11/30/2017 - 16:38

U.S. stocks powered to new highs on Wall Street, giving the Dow Jones industrials their biggest gain since March and putting them past 24,000 points for the first time.

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Air Transat failed passengers stuck on 2 flights at Ottawa airport, agency decides

cbc news - Thu, 11/30/2017 - 14:31

The Canadian Transportation Agency has ruled Air Transat broke its agreement with passengers when it left them in two planes stranded on the tarmac at Ottawa International Airport in July.

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American Airlines says it has found pilots for most Christmas flights

cbc news - Thu, 11/30/2017 - 14:24

American Airlines said Thursday that only a few hundred of its late December flights remain without pilots scheduled to fly the plane, a day after a union said more than 15,000 flights lacked a captain, co-pilot or both due to a scheduling glitch.

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