Banning Huawei from building new 5G wireless network won’t really hurt Canada’s big telecom firms

If the federal government moves to ban Huawei from working to build Canada’s new 5G network, it is unlikely to have a major financial impact on two of the country’s top communications companies who have partnered with the China-based firm, analysts say. Huawei’s equipment is already used in telecommunications infrastructure run by Canada’s major cellphone carriers, namely BCE and Telus. Those two companies are currently in […]

Nissan’s ex-chairman charged after accusation of underreporting pay

Tokyo prosecutors have charged Nissan, former chairman Carlos Ghosn and another executive for allegedly underreporting income. The charges imposed Monday involve allegations Ghosn’s pay was underreported by about $44 million US over five years. The prosecutors said earlier that the allegations were behind Ghosn’s Nov. 19 arrest. The arrest of an industry icon admired both in […]

‘It’s like they robbed me’: Rapper 2 Milly on why he’s suing makers of video game Fortnite over dance moves

Rapper 2 Milly’s lawsuit against the makers of the wildly popular video game Fortnite is raising questions about whether unique choreography can be copyrighted. The New York-based hip-hop artist, whose real name is Terrence Ferguson, is claiming Epic Games ripped off a signature dance move popularized in 2015 called “Milly Rock” and renamed it “Swipe it.” “If you have […]

Shoppers Drug Mart granted licence to sell medical marijuana online

Shoppers Drug Mart has been granted a licence to sell medical marijuana online. Health Canada’s list of authorized cannabis sellers and producers has been updated to reflect that the pharmacy can sell dried and fresh cannabis, as well as plants, seeds and oil. A website has been set up by the company, which says that […]

With no budget for rural internet, nobody’s made a plan, auditor general says

Canada’s auditor general says people who live in rural and remote parts of the country don’t have high-speed internet access because the federal government doesn’t want to pay for a plan to give it to them. In a report Tuesday, Michael Ferguson says the government has been told again and again by different authorities that […]

Nissan chair Carlos Ghosn arrested in financial misconduct probe

Nissan Motor’s chair Carlos Ghosn has been arrested and will be dismissed for alleged under-reporting of his income and misuse of company funds, the company said Monday. The Japanese automaker’s chief executive Hiroto Saikawa confirmed that Ghosn was arrested after being questioned by prosecutors following his arrival in Japan earlier in the day. It was […]

Zero-emission rules mean fewer electric car choices for most Canadians: Don Pittis

Canadians trying to buy the electric vehicle of their choice in many parts of the country are finding it almost impossible — and a provincial strategy intended to get more green cars onto dealers’ lots may actually make the problem worse. The strategy — called a zero-emission vehicle standard, or “ZEV mandate” — has already been imposed in Quebec. There are now widespread rumours that British […]

Mortgage stress test rules may be pushing borrowers towards unregulated lenders

The Bank of Canada released data this week that shows stricter mortgage rules along with higher interest rates have helped slow the growth of risky mortgages, but some economists question whether over-leveraged borrowers are simply turning to the unregulated mortgage market. The central bank’s analysis said tougher mortgage qualification tests have helped to drastically cut the […]

CRTC pitches internet code of conduct for telecom providers

Canada’s telecommunications regulator is inviting public comments on the creation of an internet code of conduct for service providers to address increasing complaints about service. The Canadian Radio-television and telecommunications Commission says the effort is distinct from the ongoing inquiry on misleading or aggressive sales practices, that will culminate in a report to government. It […]