Preparing for the worst: Britons stockpile food in case Brexit causes shortages

With canned vegetables, tuna, beans, pasta and sauces, Jo Elgarf’s cupboards are packed. There’s no room left. “It’s just my insurance policy in case everything goes wrong,” she said in her home in suburban London. Elgarf has been buying extra groceries since last June, fearing Britain will leave the European Union in a disorderly fashion, […]

Home Capital shares sell off after Berkshire Hathaways discloses it’s sold most of its stake

Shares in Canadian mortgage company Home Capital fell as much as 18 per cent on Wednesday after word came out that Warren Buffett’s company Berkshire Hathaway had sold most of its stake in the company. Home Capital’s TSX-listed shares were changing hands at just over $14 on Wednesday, off by more than $2 from Tuesday’s close […]

Amid oil price crisis, major energy producer says Canada’s largest pipeline system is ‘dysfunctional’

Canadian Natural Resources is doubling down on its concerns about wasted space on Canada’s biggest oil pipeline, blaming a “dysfunctional” process as one reason for slashing its spending plans next year. It follows complaints the company’s executive vice chairman Steve Laut made last month, saying current rules allow “certain players” to exploit the system by booking pipeline […]

Unhappy Second Cup franchisees sue coffee chain

A group of Second Cup Ltd. franchisees is suing the struggling Canadian coffee chain, alleging the company’s actions have been detrimental to them. The current and past franchisees outline a long list of complaints against their franchisor in a lawsuit filed earlier this month in the Superior Court of Quebec. None of the allegations has […]

Want it tomorrow? Some online shopping habits are terrible for the environment

Have you ever picked two-day shipping because it’s free with an Amazon Prime membership? Or returned an item of clothing using the free return shipping label because you weren’t sure which size to buy, so you bought more than one? What you may not have realized is those convenient perks can drastically expand the carbon […]

Morneau’s update bolsters struggling media with $600M in tax measures

The federal government is stepping in to help the struggling Canadian media industry with new tax credits and incentives valued at nearly $600 million over the next five years. “To protect the vital role that independent news media play in our democracy and in our communities, we will be introducing measures to help support journalism […]

Avoid eating romaine lettuce in Ontario and Quebec amid E. coli outbreak, health officials warn

The Public Health Agency of Canada is warning people in Ontario and Quebec not to eat romaine lettuce as it works with U.S. health officials to determine the source of an outbreak of E. coli infections in the two provinces and in 11 states. As of Tuesday, there have been 18 confirmed cases of the bacterial infection […]

Oil price woes a ‘serious problem’ for Canadian economy, says Notley

Alberta Premier Rachel Notley says the low price of western Canadian crude has become a serious problem for the country’s economy, adding her government is “furiously” seeking solutions. But while the province and the oilpatch explore their options, Notley said there’s a lack of agreement around the sector on the controversial call for her government to mandate temporary production cuts. Though the province has an obligation […]

Juul curbs sales of some e-cigarette flavours, but not in Canada

Vaping giant Juul Labs Inc. is stopping its sales of some e-cigarette flavours in U.S. stores to deter use by kids and teens, but is not doing the same in Canada. The company announced the move on Tuesday, in advance of an expected crackdown by the Food and Drug Administration (FDA) on underage sales of flavoured e-cigarettes.  In […]