Business

The federal government tabled its annual budget on Tuesday with a promise to open the door to homeownership for millennial and Gen Z renters. You’ll have to read the fine print to find measures for young renters who can’t buy a home — or just don’t want to. Budget emphasizes …

CIBC customers who recently bought e-gift cards for Starbucks, Home Depot, Canadian Tire and a host of other stores were surprised to see a $5 fee added to the transaction on their credit card statements. CIBC initially said it considers the gift cards a “cash advance,” but has now decided …

THE China-EU agreement on geographical indications (GI), as China’s first comprehensive and high-level deal on GI with foreign nations, has fostered greater stability in economic and trade cooperation between China and the European Union (EU), Pan Feng, vice president of the China-Europe Association for Technical & Economic Cooperation, told the …

Loan proposals from various local government units (LGUs) ballooned to P92 billion in 2023 from only P36 billion in 2022, an election year, data from the Bangko Sentral ng Pilipinas (BSP) showed. The BSP said it has received, evaluated and processed 297 domestic borrowing requests worth P92 billion from LGUs …

Loblaw announcing in January it would bring back 50 per cent discounts on perishable food, but some Real Canadian Superstore customers still feel shortchanged. That’s because the Loblaw-owned chain will continue to discount all food nearing its best-before date by 30 per cent. Loblaw says Real Canadian Superstores didn’t offer …

After days of criticism, celebrity chef David Chang said he will no longer enforce the trademark for his chili crunch condiment. The celebrity chef’s brand applied to trademark popular spicy condiment. Critics said no company should own it. Celebrity chef David Chang says he will no longer enforce the trademark …

The B.C. Labour Relations Board will consider certifying unions at two Amazon warehouses in a hearing Tuesday. Amazon says it already offers what unions are demanding in terms of pay, benefits, work conditions. The B.C. Labour Relations Board will consider certifying unions at two Amazon warehouses in a hearing Tuesday. …

FRANKFURT, Germany: The European Central Bank (ECB) is expected to freeze its key interest rate at a record high again on Thursday but pave the way for a first cut in June as inflation eases. Policymakers have kept borrowing costs on hold since October after a historic run of hikes …

Whistleblower faced retaliation after he identified engineering problems that affected the structural integrity of the company’s 787 and 777 jets, his attorneys said.  Jetmaker has faced concerns since January mid-air panel blowout on a 737 MAX. The U.S. Federal Aviation Administration (FAA) is investigating a Boeing whistleblower’s claims that the …

A court in Vietnam on Thursday ordered the death penalty for a real estate tycoon found guilty in a financial fraud case totalling more than $12 billion US.  Convicted woman ordered to pay back more than $27 billion US. A court in Vietnam on Thursday ordered the death penalty for …