News/Business

How French’s ketchup took a bite out of Heinz

April 20, 2019

Just before barbecue season ignites, Heinz ketchup has launched a new TV ad to woo Canadians. The commercial climaxes with the brand smothering a lonely plate of fries to the tune of What About Love by Heart. But the ad may not be enough to win back the hearts of Canadians who left Heinz a few years ago, angered by […]

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Fiat Chrysler recall of Dodge Darts affects 20,117 Canadian vehicles

April 19, 2019

Fiat Chrysler Automobiles said Friday it is recalling more than 320,000 Dodge Dart compact cars in North America — including 20,117 in Canada — that could roll away because of a defective part that could allow the shift cable to detach from the transmission. In addition to the Canadian cars, the recall covers about 298,000 U.S. vehicles, 3,400 […]

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Flexible work — for everyone — is key to keeping women in the workforce, experts say

April 19, 2019

Leigh Mitchell left a traditional office job in September 2017, after finding the culture and work structure incompatible with raising her two busy kids, then 13 and eight. With its tight deadlines and intense pressure to be physically present in the office, “I just didn’t feel like the culture there was good for working moms,” said Mitchell, […]

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TSX closes at record high as bull market continues

April 18, 2019

The Toronto stock index closed at a record high Thursday, amid gains in health care, consumer and industrial stocks. The TSX closed at 16,612, up 68 points, continuing the bull run that has seen it rise 15.8 per cent since the beginning of the year. The last high point in July 2018 was 16,567. There was […]

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Oilpatch hopes investment flows back to Alberta after big Kenney win

April 17, 2019

After four years of declining investment in Alberta’s oil and gas sector, the industry is hopeful a swift change in government will bring an equally quick return of fortunes for the oilpatch. Voters showed Rachel Notley’s NDP the door on Tuesday; Jason Kenney’s United Conservative Party will now have a majority government. It’s exactly what many oil and […]

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Restraining the housing market may be wise — but it remains divisive: Don Pittis

April 17, 2019

It’s pretty clear that the explosive growth in the price of Canadian houses over the last decade was the inadvertent product of an emergency plan to rescue global capitalism in 2008.  There’s more evidence of that in a new book, Firefighting: The Financial Crisis and Its Lessons, published this week by former U.S. Federal Reserve chair Ben Bernanke and two other architects of the […]

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Immigrant families more likely to own home than add to pension plan, StatsCan says

April 16, 2019

Immigrant families who have been in Canada for more than two decades tend to be worth more than families who were born in the country, new data from Statistics Canada released Tuesday shows. The data agency released an analysis of numbers from 1999 to the 2016 census, comparing immigrant families with those born in Canada and […]

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Trading tuition for a slice of future income

April 16, 2019

Canadians who are interested in learning to code but are short on cash can now trade a stake in their future earnings for an education. Toronto-based HackerYou College of Technology is launching a new payment option known as an Income Share Agreement, an arrangement that essentially enables a student to go to school for free in exchange for […]

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What the SNC board may have known about the firm’s dealings in Libya — like the office safe with $10M cash

April 15, 2019

There’s no question that millions of dollars in bribes were paid to the Gadhafi regime in Libya to win lucrative contracts for SNC-Lavalin. The former head of the company’s global construction arm admitted to bribery, corruption and money laundering in 2014. He pleaded guilty in a Swiss court. But the Quebec-based engineering firm has long […]

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Pot price, breast implant illness, and Bell bill battle: CBC’s Marketplace consumer cheat sheet

April 14, 2019

Miss something this week? Don’t panic. CBC’s Marketplace rounds up the consumer and health news you need. Want this in your inbox? Get the Marketplace newsletter every Friday. Fake account leads to 6-month fight with Bell over bill When Wing Sum Tang received a notice of overdue payment for a Virgin Mobile account, she knew something […]

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