Homeowners worried about paying down debt as interest rates go up

This story is part of a series we’re calling Debt Nation looking at the state of consumer debt in Canada. Look for more coverage in the coming days, including on car loans, mortgages and credit card debt. Many Canadian homeowners are worried about rising interest rates and how they will impact their budget, a new CBC Research survey finds. […]

North American stock markets regain some of the ground lost earlier this week

North American stock markets shot higher in early trading, regaining some of the steep losses from earlier this week. The S&P/TSX composite index was up 107.19 points at 15,424.32, shortly after the trading day began. In New York, the Dow Jones industrial average was up 364.52 points at 25,417.35. The S&P 500 index was up […]

Arrested Audi CEO leaves company in wake of diesel emissions probe

Suspended Audi CEO Rupert Stadler is leaving the automaker, parent company Volkswagen said Tuesday, more than three months after he was arrested as part of a probe into the manipulation of diesel emissions controls. Volkswagen said its supervisory board approved an agreement with Stadler that will see him leave with immediate effect. It said in […]

‘A sigh of relief,’ threatened auto tariffs not imposed in new NAFTA

There are no auto tariffs placed on Canadian vehicles as outlined in the new free trade agreement, after negotiations concluded late Sunday night. President Donald Trump threatened to impose those tariffs like he had on Canadian aluminum and steel, an issue that weighed on people’s minds in southwestern Ontario, where a bulk of the country’s […]

John Hancock will sell life insurance only to people who use fitness trackers

John Hancock, one of the oldest and largest North American life insurers, will stop underwriting traditional life insurance and instead sell only interactive policies that track fitness and health data through wearable devices and smartphones, the company said on Wednesday. The move by the 156-year-old insurer, owned by Canada’s Manulife Financial Corp, marks a major […]

Cathay Pacific pokes fun at self after misspelling its own name on a plane

Pictures of a giant typo on a Cathay Pacific jet in Hong Kong have been making the rounds online, but the company is keeping its sense of humour. The images, which were first circulated among a group of Hong Kong aviation enthusiasts, show one of the airline’s new planes on the ground at Hong Kong’s […]

China fires back with higher tariffs on $60B of U.S. products

China on Tuesday announced a tariff hike on $60 billion of U.S. products in response to President Donald Trump’s latest duty increase in a dispute over Beijing’s technology policy. The announcement followed a warning by a U.S. business group that a “downward spiral” in their conflict appeared certain following Trump’s penalties on $200 billion of […]

Class is in session at Canada’s first ‘pot school’

The school year may be two weeks old, but there’s still a buzz at one college in southern Ontario over a program not available anywhere else in the country. “I never thought five years ago, maybe even two years ago, that we’d be here in this classroom starting a course on commercial cannabis production,” said professor Bill MacDonald. MacDonald is […]

AltaGas selling assets in Canada and the U.S. for $560 million

AltaGas Ltd. says it has signed deals to sell about $560 million worth of natural gas midstream assets and power generating assets to two buyers. Birch Hill Equity Partners Management Inc. has agreed to pay $165 million for a group of smaller scale gas midstream and power assets in Canada, as well as its commercial […]