Business

New regulations being published this week by Environment Minister Steven Guilbeault will effectively end sales of new passenger vehicles powered only by gasoline or diesel in 2035.  New rules will effectively end sales of vehicles powered only by gasoline or diesel by 2035. The end of the road is coming …

Canada’s annual inflation rate held steady at 3.1 per cent in November, matching the previous month’s rate, according to data released by Statistics Canada on Tuesday.  Economists were expecting rate to fall below 3% threshold. Canada’s annual inflation rate held steady at 3.1 per centin November, matching the previous month’s …

Rent is the latest necessity being severely affected by inflation, federal data suggests. In Alberta, rental prices have increased in the past year at a pace not seen since the early 1980s.  Average rent in the province up 14 per cent in past year, says Rentals.ca. Nikkie Miranda feels stuck …

The U.S., Canada and a host of other nations are creating a new force to protect ships transiting the Red Sea that have come under attack by drones and ballistic missiles fired from Houthi-controlled areas of Yemen, U.S. Defence Secretary Lloyd Austin announced early Tuesday in Bahrain. Missiles, drone attacks …

With a major deadline to repay a pandemic era loan just over a month away, one small business owner says she’s only now being told she was never eligible for the money in the first place. More than 50,000 businesses that received CEBA loans were later deemed ineligible. With a …

Take a tour of a $3-billion toy company based in Toronto — from playtests with kids to the engineers and designers behind the newest toys.  Toy industry faces tough year, with three-quarters of Canadians cutting back spending. At a $3-billion toy company in downtown Toronto, kindergarteners file in with parents …

Dec. 11.2023, Tsim Tsa Tsui, HONG KONG – About 16 years ago, Gem L. Zeñarosa, only dreamt of establishing a simple business that would subsist his entire family, not realizing that what he had established would start a national love affair between Filipinos and something they’re totally unfamiliar – the …

When e-readers like the Amazon Kindle burst onto the scene, they were predicted to bring about the death of the print book — and maybe the independent bookstore too. But publishing sales data and on the ground observations from booksellers indicate that neither prediction has come true.  Sales of print …

From mutual funds to stock trading, millions of people depend on investments for their financial futures. But for some of the nearly two million Muslims in Canada, faith took those options off the table until markets began to offer religiously compliant investments.  Typical Canadian financial products aren’t suitable for many …

President Marcos Jr. administers the oath of office to MIC president-CEO Rafael Consing Jr. in the presence of his wife Monica Munoz-Consing.  Spearheaded by a man of integrity, initiative Infra-driven projects to bring in global investors, spur growth – MIC chief A seasoned C-level executive known for his business acumen, …