News/Business

Inflation heated up in April because of food, plane tickets — and the Easter Bunny

May 15, 2019

Canada’s inflation rate rose to two per cent in April, from 1.9 per cent the previous month, Statistics Canada reported Wednesday.

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RBC customer out of pocket after fraud: What you need to know if you e-transfer money

May 13, 2019

A Peterborough, Ont., woman says financial institutions and Interac are misleading customers by claiming e-transfers are “fully protected” after money she sent a friend was diverted to a fraudster’s bank account. RBC blamed the theft on a weak email password and security question.

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What’s the U.S.-China trade war all about?

May 9, 2019

How did it begin? What happens next? And how will it affect Canadians?

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Weak rules have made Canada a magnet for money laundering: Don Pittis

May 7, 2019

A C.D.Howe Institute report says that in Canada 99 per cent of money launderers are never punished. But beneficial ownership rules and prison penalties could change that.

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Another oil and gas company fails in Alberta — and more than a dozen others are teetering

May 3, 2019

Alberta’s persistently low oil and gas prices have claimed another victim as Calgary-based Trident Exploration ceased operations this week.  Several other companies could suffer the same fate. Trident’s board of directors resigned, 94 people are without work and a large number of oil and gas assets now have no owner. The company, predominantly focused on natural gas, had approximately 4400 wells, […]

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Beyond Meat stock more than doubles on first day of trading

May 2, 2019

Beyond Meat, a maker of meat alternatives, went public on stock markets on Thursday, and investors quickly drove up the price of the shares within minutes of being able to finally sink their teeth into the company. The company is the first pure-play maker of vegan “meat” to go public, according to Renaissance Capital, which […]

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Bank employees angry regulator’s report on sales tactics weakened after banks and government review drafts

May 1, 2019

Several bank employees are speaking out, angered by recent revelations that a report on banking sales tactics was weakened after the regulator shared a draft copy with the banks and federal government. They contacted Go Public to reveal why they think upselling wasn’t widely detected during a lengthy review of misleading sales tactics by the regulator — slamming […]

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Trump pressures U.S. central bank to lower interest rates

April 30, 2019

U.S. President Donald Trump urged the Federal Reserve to lower interest rates in order to “rocket” the U.S. economy to new highs. Using his favourite policy weapon, Trump loaded a tweet into the chamber and fired away at the Fed on Tuesday, urging the central bank to lower its benchmark interest rate by as much as a […]

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Lower interest rates, Trump tells Fed — again

April 30, 2019

U.S. President Donald Trump urged the Federal Reserve to lower interest rates in order to “rocket” the U.S. economy to new highs. Using his favourite policy weapon, Trump loaded a tweet into the chamber and fired away at the Fed on Tuesday, urging the central bank to lower its benchmark interest rate by as much as a […]

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Canada’s top Airbnb hosts aren’t exactly who they seem

April 30, 2019

Sporting a crisp button-up shirt in his profile photo, smiling Airbnb host “Alejandro” states he’s been around the world and thus understands other travellers “much better.” The profile pic for “Mike” shows him bearded, grinning, and relaxing to whatever’s playing on his iPhone – remarkably chill for someone who runs 61 listings on Airbnb and […]

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