An agreement, signed today, between all Canadian provinces, territories, and the federal government, will drop interprovincial trade barriers on many goods except food and alcohol. It’s part of an effort to provide businesses with more trade opportunities in light of U.S. tariffs. Trade agreement to take effect in December. An …
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Bell Canada cuts almost 700 jobs as part of plan to deliver ‘sustainable growth’
The Canadian Press The parent company of Bell Canada is slashing nearly 700 jobs in what it is calling a “difficult but necessary decision.” BCE Inc. confirmed in an email Thursday that approximately 650 manager positions at Bell, along with around 40 jobs at its Bell Media subsidiary, are affected. …
Read More »U.S. stock market sees unsettled day of trading ahead of Nvidia earnings report
The U.S. stock market swung through another unsettled day of trading on Wednesday, ahead of a couple of crucial tests for Wall Street. Nvidia beats analysts’ expectations with latest profit report. The U.S. stock market swung through another unsettled day of trading on Wednesday, ahead of a huge couple of …
Read More »Canada Post paints bleak financial picture, hints at big job cuts
At its annual public meeting Tuesday, Canada Post revealed that it continues to bleed cash and hinted at big job cuts through attrition. Crown corporation says at annual public meeting it is now ‘effectively insolvent.’ At its annual public meeting on Tuesday, Canada Post revealed that it continues to bleed …
Read More »These farmers have a dream for the world’s most expensive spice, and it’s rooted in Canadian soil
As golden hour settles over Avtar Dhillon’s farm in Abbotsford, B.C., rows of delicate purple flowers are in full bloom. Inside lies an ancient spice some Canadian farmers are beginning to get excited about. On fields in B.C.’s Fraser Valley and in a garage in Calgary, a handful of growers …
Read More »Cloudflare restoring services after outage takes down ChatGPT, X, other sites
Internet infrastructure provider Cloudflare says it has identified an issue that caused outages for the social media platform X, some multiplayer games and ChatGPT. Cloud company identified the issue, according to its status page. A widely used Internet infrastructure company said it has resolved an issue that led to outages …
Read More »Meta wins FTC antitrust suit, will keep Instagram and WhatsApp
A US district judge on Tuesday ruled against the Federal Trade Commission (FTC) in its antitrust lawsuit against social media giant Meta (META). In his ruling, Judge James Boasberg said the FTC failed to prove that Meta purchased Instagram and WhatsApp with the goal of eliminating them as competitors in the social …
Read More »Annual home sales fall in October as CREA expects lower rates to boost market in 2026
The Canadian Real Estate Association says the number of residential properties that changed hands in October was lower compared to a year ago, as prices also fell. Housing activity still likely to be ‘tempered’ by economic uncertainty, Canadian Real Estate Association says. The Canadian Real Estate Association says the number …
Read More »Philippines among world’s largest ecommerce markets – NielsenIQ
NielsenIQ says the Philippines is helping drive Southeast Asia’s rapid ecommerce growth (Generated via Google Gemini) MANILA, Philippines — The Philippines is emerging as one of the world’s fastest-growing e-commerce markets, helping drive Southeast Asia’s rapid expansion in online spending, according to new data from consumer intelligence firm NielsenIQ (NIQ). …
Read More »Gen Z diners snubbing the high cost of fast food. Can they be lured back?
Fast-food chains like Chipotle and McDonald’s are lowering their sales forecasts for next year and luring people in with value meals as they foresee a pullback in spending from low-income and younger diners. Chipotle CEO recently said young people aren’t eating out as much. Can meal deals bring Gen Z …
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