Chrysler's recall woes, cord-cutting continues & Windows 10 launch: BUSINESS WEEK WRAP

From a software giant trying to change the way it does business, to an automaker landing in trouble for failing to fix its cars, it was a busy week in business news. The CBC's Jacqueline Hansen is here to get you caught up in her weekly video recap. Source :CBC | Business News http://ift.tt/1Udf6...

Read More

Chrysler's recall woes, cord-cutting continues & Windows 10 launch: BUSINESS WEEK WRAP

From a software giant trying to change the way it does business, to an automaker landing in trouble for failing to fix its cars, it was a busy week in business news. The CBC's Jacqueline Hansen is here to get you caught up in her weekly video recap. Source:CBC | Business News http://ift.tt/1Udf6...

Read More

Trans-Pacific Partnership talks going down to the wire

Talks on a Pacific Rim free-trade pact faced a fast-approaching deadline on Friday as trading partners aimed to wrap up a deal within hours, with issues including trade in dairy products and monopoly periods for next-generation drugs still unresolved. Source :CBC | Business News http://ift.tt/1Dfbh...

Read More

Trans-Pacific Partnership talks going down to the wire

Talks on a Pacific Rim free-trade pact faced a fast-approaching deadline on Friday as trading partners aimed to wrap up a deal within hours, with issues including trade in dairy products and monopoly periods for next-generation drugs still unresolved. Source:CBC | Business News http://ift.tt/1Dfbh...

Read More

Cord-cutting grows as more people flee traditional TV, report says

Cord-cutting will gain momentum over the next five years as people abandon traditional television for the growing choices and ease of use of online video streaming services, a new IDC Canada report projects. Source :CBC | Business News http://ift.tt/1ewx9...

Read More

Cord-cutting grows as more people flee traditional TV, report says

Cord-cutting will gain momentum over the next five years as people abandon traditional television for the growing choices and ease of use of online video streaming services, a new IDC Canada report projects. Source:CBC | Business News http://ift.tt/1ewx9...

Read More

Regret those stretched earlobes? Brace for pricey fix-it surgery

Earlobe stretching became trendy about a decade ago. But now some who bought into the look have grown up, entered the workforce, and want to reverse a decision of the past. For many, the only option is surgery. Source :CBC | Business News http://ift.tt/1VIvM...

Read More

Regret those stretched earlobes? Brace for pricey fix-it surgery

Earlobe stretching became trendy about a decade ago. But now some who bought into the look have grown up, entered the workforce, and want to reverse a decision of the past. For many, the only option is surgery. Source:CBC | Business News http://ift.tt/1VIvM...

Read More

Canadian dollar dips below 77 cents with more pain to come

The Canadian dollar is nearing its low for the year Friday, after news that the economy contracted for a fifth straight month in May. Source:CBC | Business News http://ift.tt/1IyJl...

Read More

RioCan Real Estate mulling sale of U.S. portfolio

RioCan Real Estate Investment Trust is launching a strategic review of its U.S. operations, a process that could lead to the real estate giant selling part or all of its portfolio of properties south of the border. Source:CBC | Business News http://ift.tt/1IyKw...

Read More

RioCan Real Estate mulling sale of U.S. portfolio

RioCan Real Estate Investment Trust is launching a strategic review of its U.S. operations, a process that could lead to the real estate giant selling part or all of its portfolio of properties south of the border. Source :CBC | Business News http://ift.tt/1IyKw...

Read More

Canadian dollar dips below 77 cents with more pain to come

The Canadian dollar is nearing its low for the year Friday, after news that the economy contracted for a fifth straight month in May. Source :CBC | Business News http://ift.tt/1IyJl...

Read More

Oilpatch earnings reflect low oil prices

Canada’s oilpatch is buckling down to a "lower-for-longer scenario,” in the words of one executive, after a fresh round of grim earnings. Source :CBC | Business News http://ift.tt/1LV3g...

Read More

Oilpatch earnings reflect low oil prices

Canada’s oilpatch is buckling down to a "lower-for-longer scenario,” in the words of one executive, after a fresh round of grim earnings. Source:CBC | Business News http://ift.tt/1LV3g...

Read More

The bears growl

IT TAKES some guts to be a bear about the sector you cover if you are an investment strategist. Generally speaking, strategists are employed by banks and banks are in the business of selling securities, the clients are fund managers who do well when asset prices rise and thus tend to dislike a party pooper. Albert Edwards of SocGen is a long-standing bear of equities as a class and many owe his longevity to the entertaining way he phrases his opinions.  Life is easier if you have independence. John Paul Smith was a strategist at Deutsche Bank...

Read More

Microbeads ban forthcoming, federal government says

Canada is one micro-step closer to a federal ban on microbeads. The Conservative government said Thursday it is proposing to add microbeads to the list of toxic substances under the Canadian Environmental Protection Act, as well as developing other regulations. Source :CBC | Business News http://ift.tt/1DeyR...

Read More

Microbeads ban forthcoming, federal government says

Canada is one micro-step closer to a federal ban on microbeads. The Conservative government said Thursday it is proposing to add microbeads to the list of toxic substances under the Canadian Environmental Protection Act, as well as developing other regulations. Source:CBC | Business News http://ift.tt/1DeyR...

Read More

Toyota gets $100 million in aid for Ontario plants

The federal and provincial governments have teamed up to provide $100 million in financial assistance to help expand Toyota's manufacturing operations in southern Ontario. Source :CBC | Business News http://ift.tt/1fPdz...

Read More

Toyota gets $100 million in aid for Ontario plants

The federal and provincial governments have teamed up to provide $100 million in financial assistance to help expand Toyota's manufacturing operations in southern Ontario. Source:CBC | Business News http://ift.tt/1fPdz...

Read More

Microsoft's Windows 10 installed on 14 million computers

Microsoft says its new Windows 10 operating system is now running on more than 14 million computers, two days after the software was released as a free download. Source :CBC | Business News http://ift.tt/1KE0J...

Read More

Microsoft's Windows 10 installed on 14 million computers

Microsoft says its new Windows 10 operating system is now running on more than 14 million computers, two days after the software was released as a free download. Source:CBC | Business News http://ift.tt/1KE0J...

Read More

Province, Feds to pledge millions to Toyota at pre-election event

The federal government asked the province to move up multi-million dollar funding announcement for Toyota to Friday, days before an expected federal election call. Source :CBC | Business News http://ift.tt/1eEcf...

Read More

Facebook ready to test giant internet-beaming solar drone

Facebook says it will begin test flights later this year for a solar-powered drone with a wingspan as big as a Boeing 737, in the next stage of its campaign to deliver internet connectivity to remote parts of the world. Source :CBC | Business News http://ift.tt/1MBH5...

Read More

Kraft Dinner officially changes its name to 'KD'

The Canadian delicacy formerly known as Kraft Dinner has changed its name to a well-known "term of endearment" to win back the affection of consumers. Source :CBC | Business News http://ift.tt/1MWNi...

Read More

Ebola vaccine from Canada seems to work in trial in Guinea: WHO

The Canadian-developed experimental vaccine against Ebola seems to work, the interim results of a trial in Guinea suggest. Source :CBC | Business News http://ift.tt/1JVzH...

Read More

Province, Feds to pledge millions to Toyota at pre-election event

The federal government asked the province to move up multi-million dollar funding announcement for Toyota to Friday, days before an expected federal election call. Source:CBC | Business News http://ift.tt/1eEcf...

Read More

Facebook ready to test giant internet-beaming solar drone

Facebook says it will begin test flights later this year for a solar-powered drone with a wingspan as big as a Boeing 737, in the next stage of its campaign to deliver internet connectivity to remote parts of the world. Source:CBC | Business News http://ift.tt/1MBH5...

Read More

Kraft Dinner officially changes its name to 'KD'

The Canadian delicacy formerly known as Kraft Dinner has changed its name to a well-known "term of endearment" to win back the affection of consumers. Source:CBC | Business News http://ift.tt/1MWNi...

Read More

Ebola vaccine from Canada seems to work in trial in Guinea: WHO

The Canadian-developed experimental vaccine against Ebola seems to work, the interim results of a trial in Guinea suggest. Source:CBC | Business News http://ift.tt/1JVzH...

Read More

Line up, line up

IN JUNE, a report revealed that undercover American government agents, posing as passengers, had repeatedly snuck weapons through security checks at the country’s airports. Of the 70 times they tried to smuggle fake guns and bombs past Transportation Security Administration (TSA) officials, it was claimed, they were successful on 67 occasions. Unsurprisingly, an internal safety investigation prompted the ouster of Melvin Carraway, TSA’s acting...

Read More

Line up, line up

IN JUNE, a report revealed that undercover American government agents, posing as passengers, had repeatedly snuck weapons through security checks at the country’s airports. Of the 70 times they tried to smuggle fake guns and bombs past Transportation Security Administration (TSA) officials, it was claimed, they were successful on 67 occasions. Unsurprisingly, an internal safety investigation prompted the ouster of Melvin Carraway, TSA’s acting...

Read More

Canada's economy shrank by 0.2% in May

The total value of Canada's economy declined by 0.2 per cent in May, the fifth consecutive monthly slide, according to Statistics Canada. Source:CBC | Business News http://ift.tt/1fOIR...

Read More

Canada's economy shrank by 0.2% in May

The total value of Canada's economy declined by 0.2 per cent in May, the fifth consecutive monthly slide, according to Statistics Canada. Source :CBC | Business News http://ift.tt/1fOIR...

Read More

Universal Child Care Benefit ads 'misleading' families, say critics

The federal government is running a pricey ad campaign to inform parents about the enhanced Universal Child Care Benefit. But most families will only pocket a fraction of the dollar amounts being advertised, which has critics upset. Source:CBC | Business News http://ift.tt/1eFkp...

Read More

Home Capital scandal may presage a slowdown: Don Pittis

Soaring markets cover up a lot of ills. But whether it's Bernie Madoff or the loose practices that led to U.S. subprime property meltdown, impropriety often comes to the surface only after a boom goes off the boil. Don Pittis says to watch for more revelations as the Canadian property market begins to slow. Source:CBC | Business News http://ift.tt/1MX7c...

Read More

Universal Child Care Benefit ads 'misleading' families, say critics

The federal government is running a pricey ad campaign to inform parents about the enhanced Universal Child Care Benefit. But most families will only pocket a fraction of the dollar amounts being advertised, which has critics upset. Source :CBC | Business News http://ift.tt/1eFkp...

Read More

Home Capital scandal may presage a slowdown: Don Pittis

Soaring markets cover up a lot of ills. But whether it's Bernie Madoff or the loose practices that led to U.S. subprime property meltdown, impropriety often comes to the surface only after a boom goes off the boil. Don Pittis says to watch for more revelations as the Canadian property market begins to slow. Source :CBC | Business News http://ift.tt/1MX7c...

Read More

Apple Watch to be sold through Best Buy in Canada on Aug. 14

Apple Watch will become available in Canadian Best Buy stores on Aug. 14, the retailer says. Source :CBC | Business News http://ift.tt/1IuXA...

Read More

Apple Watch to be sold through Best Buy in Canada on Aug. 14

Apple Watch will become available in Canadian Best Buy stores on Aug. 14, the retailer says. Source:CBC | Business News http://ift.tt/1IuXA...

Read More

U.S. moves closer to allowing crude oil exports

A Senate panel has approved energy legislation that would lift the 40-year-old ban on crude oil exports and open some areas of the Outer Continental Shelf to oil and gas exploration. Source:CBC | Business News http://ift.tt/1M0bq...

Read More

Suncor cuts spending by $400M as oilpatch rides out low oil

Suncor Energy is trimming its spending plans for this year by a further $400 million, the latest Canadian company to make cuts in the face of oil below $50 US a barrel. Source:CBC | Business News http://ift.tt/1M0br...

Read More

Shopify stock jumps 14% after it boosts revenue in Q2

Ottawa tech startup Shopify saw its stock jump by 14 per cent on Thursday after it announced second quarter revenues increased by 90 per cent. Source:CBC | Business News http://ift.tt/1M0br...

Read More

U.S. moves closer to allowing crude oil exports

A Senate panel has approved energy legislation that would lift the 40-year-old ban on crude oil exports and open some areas of the Outer Continental Shelf to oil and gas exploration. Source :CBC | Business News http://ift.tt/1M0bq...

Read More

Suncor cuts spending by $400M as oilpatch rides out low oil

Suncor Energy is trimming its spending plans for this year by a further $400 million, the latest Canadian company to make cuts in the face of oil below $50 US a barrel. Source :CBC | Business News http://ift.tt/1M0br...

Read More

Shopify stock jumps 14% after it boosts revenue in Q2

Ottawa tech startup Shopify saw its stock jump by 14 per cent on Thursday after it announced second quarter revenues increased by 90 per cent. Source :CBC | Business News http://ift.tt/1M0br...

Read More

Myths about millennials

ONE of the perks of getting old is that you are allowed to talk nonsense about the young. Plato was said to have complained that young people “disrespect their elders” and “ignore the law”. Peter the Hermit griped that they “think of nothing but themselves” and are “impatient of all restraint”. Today, grizzled business pundits tend to mix in some praise with their gripes. But they abuse the privilege of age as much as anyone ever did. Such modern-day...

Read More

U.S. economy rebounds with 2.3% growth in Q2

The U.S. economy rebounded in the second quarter, with GDP growing by 2.3 per cent, according to the Commerce Department. Source:CBC | Business News http://ift.tt/1IumM...

Read More

U.S. economy rebounds with 2.3% growth in Q2

The U.S. economy rebounded in the second quarter, with GDP growing by 2.3 per cent, according to the Commerce Department. Source :CBC | Business News http://ift.tt/1IumM...

Read More

Will Britain or America raise interest rates first?

AMERICAN and British central bankers face a similar tough choice. On both sides of the Atlantic, the economy is growing moderately, and unemployment is closing in on 5%­­. As a result, wage growth is picking up. But inflation remains low: 0.2% in America and zero in Britain, according to the central banks’ respective preferred measures. And nobody is certain how much slack remains in labour markets­­—a key determinant of inflationary pressure. In...

Read More

Shell to cut 6,500 jobs to cope with long period of cheap oil

Royal Dutch Shell announced deep cuts to jobs and investment on Thursday as the global energy giant prepares for a prolonged period of low oil prices, expecting to eliminate 6,500 staff and contractor positions this year. Source:CBC | Business News http://ift.tt/1OR2R...

Read More

Shell to cut 6,500 jobs to cope with long period of cheap oil

Royal Dutch Shell announced deep cuts to jobs and investment on Thursday as the global energy giant prepares for a prolonged period of low oil prices, expecting to eliminate 6,500 staff and contractor positions this year. Source :CBC | Business News http://ift.tt/1OR2R...

Read More