U.S. faces deadline to extradite Huawei exec from Canada

U.S. authorities are facing a key deadline at the end of the month to formally request the extradition of Huawei executive Meng Wanzhou from Canada to the United States. On Friday, a spokesperson for Canada’s Justice Department said the U.S. had yet to file the required paperwork in the Meng case and stated the Americans […]

Netflix hikes U.S. prices by up to 18 per cent

Netflix is raising its U.S. prices by 13 per cent to 18 per cent, its biggest increase since the company launched its streaming service 12 years ago. Its most popular plan will see the largest hike, to $13 per month from $11. That option offers high-definition streaming on up to two different internet-connected devices simultaneously. […]

No matter the politics, Trump’s wall could provide jobs, stimulus if recession strikes: Don Pittis

If a U.S. recession is around the corner, the construction of President’s Donald Trump’s wall on the Mexican border could be an economic godsend. Last week, the world’s most powerful central banker, U.S. Fed Chair Jerome Powell, assured us that economic growth would continue in 2019. Bank of Canada governor Stephen Poloz has been similarly optimistic. But the […]

10 years after expropriation, Abitibi waste still in the ground

A decade after the provincial government became the owner of a shuttered mill, whatever toxic mess lies beneath has yet to be cleaned up. In 2008, when Abitibi Consolidated announced it was closing its Grand Falls-Windsor paper mill, the Danny Williams government reacted by expropriating the company’s assets. Among them, the provincial government would later […]

Canola, chemicals and bees: Why Canadian farmers are fighting a proposed pesticide ban

Health Canada is following in the European Union’s footsteps as it moves to ban the use of neonic pesticides due to concerns about their impact on bees and other wildlife. But many farmers are fighting to maintain the status quo. Canola growers, in particular, say the ban would increase costs and put their crops at risk of being lost […]

Malaysia files criminal charges against Goldman Sachs, ex-bankers in 1MDB probe

Malaysia said on Monday it has filed criminal charges at home against Goldman Sachs and two of the U.S. bank’s former employees in connection with a corruption and money laundering probe at state fund 1MDB. Goldman Sachs has been under scrutiny for its role in helping raise $6.5 billion US through three bond offerings for […]

Canada Goose caught in Huawei crossfire as Chinese pitch Canadian product boycott

Canada Goose shares have fallen for five days in a row after the outdoor apparel maker has become a target of Chinese consumers upset by the arrest of a high-ranking technology executive in Canada. The company has lost 20 per cent of its value on the Toronto Stock Exchange since word emerged that Meng Wanzhou, the […]

Regulator halts fracking operations in northeastern B.C. while investigating earthquakes

The B.C. Oil and Gas Commission has shut down oilfield fracking operations for at least 30 days in northeastern British Columbia while it investigates earthquakes that occurred there on Nov. 29. The regulator says the seismic events, which measured between 3.4 and 4.5 magnitude, took place near hydraulic fracturing operations being conducted about 20 kilometres southeast of Fort St. […]

Culinary tourism hobbled by taxes, labour shortages, says internal report

The Liberal government’s grand plan to make Canada a “culinary destination” for foreign tourists — think poutine or potted moose — is getting some turbulence from restaurant owners. Internal consultations with restaurateurs show they’re bristling over a new federal alcohol tax and struggling with shortages of uniquely Canadian food items that tend to be produced for […]