Doug Ford says Trudeau’s carbon tax will cause recession

Premier Doug Ford ratcheted up his rhetoric on Ottawa’s climate change plan Monday, warning that the federal government’s carbon tax will plunge the country into recession. During a speech at the Economic Club of Canada, the Ontario premier said there are already warning signs of difficult economic times ahead and a carbon tax will kill […]

Shareholders sue Google parent company Alphabet, accusing it of covering up sexual misconduct claims

Two shareholder lawsuits filed this week accuse the board of Google parent Alphabet of playing a direct role in covering up sexual misconduct claims against two former executives over the last five years. The company declined to comment. Both of the lawsuits seek to force Google to change its governance and oversight to stop future workplace conduct […]

China pressures U.S., Canada as bail hearing for Huawei exec resumes

China raised the pressure on the United States and Canada as a bail hearing for a top Chinese technology executive resumed Monday in Vancouver. A headline in a Communist Party newspaper called Canada’s treatment of Meng Wanzhou, the chief financial officer of Huawei Technologies, “inhumane.” The Global Times editorial published in Monday’s edition followed formal […]

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 […]

Loblaws cranks up self-checkout with app that scans items while you shop

Loblaws is ramping up self-checkout with new technology called “shop and scan” — a system that lets people scan their items with a phone app while shopping, saving time at checkout. On Thursday, Loblaws will begin testing shop and scan at five grocery stores in the Greater Toronto Area, and will expand to three more locations in the region […]

Canopy Growth shares stumble 8% after company posts quarterly loss

Shares of Canopy Growth Corp., slipped as the cannabis producer reported a wider loss of $330.6 million in its latest quarter, missing analyst estimates, as operating costs surged ahead of the legalization of recreational marijuana in Canada. Revenue for the quarter ended Sept. 30 totalled $23.3 million, up from $17.6 million a year ago but […]

Canada could ratify new NAFTA even if U.S. tariffs stay put: Trudeau

Canada might ratify its new North American trade deal with the United States and Mexico even if the U.S. doesn’t drop its tariffs on Canadian steel and aluminum, Prime Minister Justin Trudeau says. In an interview with CNN, portions of which are airing Tuesday as U.S. voters cast ballots in pivotal midterm elections, Trudeau said […]

WestJet’s third quarter profits tumble as fuel costs soar

WestJet Airlines Ltd. reported a third-quarter profit of $45.9 million, down from a profit of $135.9 million in the same quarter last year amid rising fuel prices. The airline says the profit amounted to 40 cents per diluted share for the quarter ended Sept. 30, compared with $1.15 per diluted share a year ago. Revenue […]

How much do we owe, and what are we doing about it?

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. Canadians are positively swimming in debt. More than $2 trillion, in fact, according to the latest numbers from […]