Business News

In front to blue Sky and fir trees the mechanical arm of a large machine swings a pipe onto a stack of pipes at a construction yard in Saskatchewan.

What could a $5B government loan program do? Turn Indigenous communities into powerful investors

News/Business | Thu, 25 Apr 2024 10:00:00 EDT

Indigenous leaders say a new loan guarantee program from the federal government, announced last week in the 2024 budget, will be a huge boost for economic reconciliation. read more

A car company logo.

Honda to invest $15B to build 4 new EV plants in Ontario

News/Politics | Thu, 25 Apr 2024 10:15:01 EDT

Japanese automaker Honda will make a $15-billion electric vehicle investment in Ontario to build four new manufacturing plants in the province, Prime Minister Justin Trudeau and Ontario Premier Doug Ford announced Thursday. read more

A woman with long blond hair sits at a dining table holding a smartphone as a woman with long dark hair and glasses sits next to her.

Canadian banks need to do more to stop abusive e-transfers, survivors say

News/Canada | Thu, 25 Apr 2024 04:00:00 EDT

Women who have received threatening and abusive e-transfers from their former partners say Canadian banks need to step up and do more to prevent the misuse of their banking applications. read more

A transport truck drives along a highway in winter.

New truckers in Canada aren't being trained well enough. How do we fix that?

Radio/The Current | Thu, 25 Apr 2024 04:00:00 EDT

There’s an "urgent" need to improve training for truck drivers, a new report suggests, and new drivers who have not received adequate training are making Canada's roads less safe. read more

The SNC-Lavalin headquarters is seen in Montreal on February 12, 2019. SNC-Lavalin Group Inc. announced the nomination of three new members to its board of directors as part of a renewal process at the company. The company says Gary Baughman, Chris Clark and Mike Pederson will stand for election at the company's annual meeting on May 7. THE CANADIAN PRESS/Paul Chiasson

Former SNC-Lavalin executive sentenced to prison term in Montreal bridge bribery case

News/Canada/Montreal | Wed, 24 Apr 2024 14:52:42 EDT

The RCMP says a former SNC-Lavalin executive has been sentenced to three-and-a-half years in prison in connection with a bribery scheme for a bridge repair contract in Montreal. read more

Cars are seen parked at a Tesla dealership in Berlin.

Tesla's Q1 net income down 55% year over year

News/Business | Tue, 23 Apr 2024 19:03:43 EDT

Tesla's first-quarter net income plummeted 55 per cent, but its stock price surged in after-hours trading Tuesday as the company said it would accelerate the production of new, more affordable vehicles. read more

people counting

Coke, Pepsi top list in global count of plastic waste

News/Climate | Wed, 24 Apr 2024 14:04:28 EDT

A new study has found that more than half of global branded plastic pollution can be traced back to just 56 companies, led by The Coca-Cola Company and PepsiCo. read more

Woman in front of Capitol Dome holds sign saying:

Will a wildly popular app become a casualty of the new cold war between China and the U.S.?

News/World | Wed, 24 Apr 2024 01:05:07 EDT

One of the world’s most popular social platforms — wildly popular with young people — risks becoming a high-profile casualty of the cold-war sequel developing between China and the United States. Now a new bill offers the app's Chinese-based parent company two choices. read more

White Honda CRVs are seen in a row along the production line at Honda Canada's facility in Alliston, Ont.

Table set for Honda's massive bet on Canada's electric vehicle sector

News/Politics | Wed, 24 Apr 2024 04:00:00 EDT

Never mind the fact that consumer sales have yet to live up to the superlatives: Honda is about to cast a massive vote of confidence in Canada's electric vehicle sector. Here's what we know so far and the questions that remain. read more

People wearing sandwich boards that read 'I.L.W.U. On Strike against B.C. Maritime Employers Association' are pictured at a protest.

Federal labour minister announces inquiry into B.C. port strike

News/Canada/British Columbia | Mon, 22 Apr 2024 18:57:07 EDT

Seamus O'Regan says workers and businesses need "long-term solutions" and the inquiry commission will present its findings next spring.  read more

A car company logo.

Honda expected to announce multi-billion dollar deal to assemble EVs in Ontario: sources

News/Politics | Mon, 22 Apr 2024 11:10:17 EDT

Honda is expected to announce a multi-billion dollar deal to build electric vehicles and their parts in Ontario, government sources confirmed to CBC News. read more

A man wearing a blazer and white collared shirt is shown with hands clasped, appearing to listen to someone off camera.

Elon Musk's X, Australia government clash over order to take down church stabbing video

News/World | Tue, 23 Apr 2024 11:14:54 EDT

Elon Musk lashed out at Australia's prime minister on Tuesday after a court ordered his social media company X to take down footage of an alleged terrorist attack in Sydney, and said the ruling meant any country could control "the entire internet." read more

A man and a woman stand in their living room holding about 30 blue reusable Walmart bags they have collected from grocery delivery.

We're still stockpiling reusable bags. Big grocers have adopted solutions, but experts have concerns

News/Business | Mon, 22 Apr 2024 04:00:00 EDT

To combat Canada's growing reusable bag problem, Walmart just launched a recycling pilot program. Sobeys and Loblaw-owned chains are now delivering groceries in paper bags. But some environmental experts argue these solutions don't quite cut it. read more

People stand outside holding flags.

Union takes step to represent Amazon warehouse workers in Laval, Que.

News/Canada/Montreal | Mon, 22 Apr 2024 14:35:17 EDT

A Quebec-based union is trying to represent hundreds of Amazon.com Inc. workers at a warehouse in Laval, Que., a first of its kind in Canada if they succeed. read more

A welder is shown in a mask while holding a welding rod as sparks fly.

Shortage of skilled tradespeople is hitting all Canadians in the pocketbook, economists say

Radio/Cost of Living | Mon, 22 Apr 2024 04:00:00 EDT

From a lack of transportation mechanics driving up the cost of bus fare and plane tickets, to a shortage of cooks affecting menu pricing at restaurants, the lack of qualified people to work in skilled trades is making rising costs of living even worse, economists and trade industry veterans say. read more

A man sits at a desk across from a woman, clad in headscarf; both are working at computers.

Halal mortgages in federal budget about 'being equal' for Muslims, providers say

News/Business | Sat, 20 Apr 2024 04:00:00 EDT

Federal budget references to mortgage products aimed at Canadian Muslims have members of the community celebrating, along with the mortgage providers that look to serve them, despite a lack of detail from the government on what is to come. read more

A red single-family home stands in a row of houses.

Do Ottawa's proposed capital gains tax changes affect inherited properties?

News/Politics | Fri, 19 Apr 2024 04:00:00 EDT

Tax experts and lawyers explain to CBC how capital gains works on property transfers, including what happens with inheritances and how the value of those properties is determined. read more

A silver Tesla Cybertruck at a trade show.

Tesla recalling Cybertrucks in U.S. for faulty accelerator pedal

News/Business | Fri, 19 Apr 2024 09:22:44 EDT

Tesla is recalling 3,878 Cybertrucks to fix an accelerator pedal pad that could come loose and get lodged in the interior trim, the U.S. National Highway Traffic Safety Administration said. read more

A budget book stands up on a table in a room.

Capital gains tax change draws ire from some Canadian entrepreneurs worried it will worsen brain drain

News/Business | Thu, 18 Apr 2024 04:00:00 EDT

Canadian entrepreneurs and investors are blasting the federal government's budget for expanding a tax on the rich that they say will worsen brain drain and further degrade productivity. The government estimates the change will impact 0.13 per cent of Canadians in any given year, and 307,000 Canadian companies. read more

Minister of Environment and Climate Change Steven Guilbeaul

Ottawa to force banks to use carbon rebate label for direct deposits

News/Politics | Fri, 19 Apr 2024 12:26:01 EDT

Environment Minister Steven Guilbeault's department has been battling with banks for almost two years over how carbon rebates are labelled when they are deposited directly into bank accounts. read more

advertisement advertise
advertise
advertise
advertise
advertise