What a far-right Bolsonaro presidency in Brazil means for Canadian business

Jair Bolsonaro, a far-right, seven-term congressman, won Brazil’s presidential election Sunday, giving him a convincing mandate to radically alter politics in Latin America’s most populous country. Critics at home and abroad have lambasted the former paratrooper for his homophobic, racist and misogynist statements and his support for Brazil’s military dictatorship that ruled from 1964 to […]

What’s the dirtiest surface on an airplane? The result may surprise you

Used tampons, sandwiches, loose condoms, smartphones, dirty diapers. What do they all have in common? Flight attendants tell Marketplace they’ve all been found in the seat pockets of airplanes. Marketplace‘s latest investigation reveals that the surfaces on a plane you’re likely touching most often might not be as clean as you think, and some are […]

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 […]

Elon Musk offers free rides through L.A. transit tunnel

Elon Musk says he plans to offer the public free rides through a tunnel he bored under a Los Angeles suburb to test a new type of transportation system. The 3.2-kilometre tunnel is designed for electric sleds which move at speeds of up to 200 km/h over magnetic rails; technology akin to his more ambitious but undeveloped hyperloop system. In […]

Shares in major cannabis companies sell off sharply

The biggest cannabis companies in Canada all sold off sharply on Monday, as investors pulled money out of the sector. Canopy Growth, Aurora Cannabis, Aphria and Tilray are the four biggest names in the sector, and all saw double-digit percentage declines. Canopy Growth lost more than 11  per cent to close at $54.46 on the TSX, while Aurora Cannabis […]

Canada’s inflation rate slowed down to 2.2% last month

The annual pace of inflation slowed more than expected in September as increases in the price of gasoline eased compared with August. Statistics Canada said Friday the consumer price index in September was up 2.2 per cent from a year ago compared with a year-over-year increase of 2.8 per cent in August. Economists had expected […]

Greenhouse growers turn to cannabis to cash in on lucrative crop

Move over tomatoes, cucumbers and peppers, it’s time to make room for your popular new cousin in the agriculture business: Cannabis. In Leamington, Ont., which is the “sun parlour of Canada,” according to the town’s mayor, a growing number of fruit and vegetable farmers are switching over to cannabis or adding it to their crop production. […]

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 […]

Entrepreneurs cook up edible pot products despite legalization delay

Yannick Craigwell doesn’t need to guess how large the Canadian appetite will be for edible pot once it’s legal. He already knows — it’s huge. The Vancouver entrepreneur whips up marijuana-infused cookies, brownies and fudge that he sells online through his company Treats and Treats. “Once it becomes legal, I think the only thing that’s […]

Microsoft co-founder Paul Allen treated again for cancer

Microsoft Corp. co-founder Paul Allen said on Monday he had started treatment for non-Hodgkin’s lymphoma, the same disease he overcame in 2009. In a brief statement, Allen said he learned recently that the cancer had returned and said he planned “on fighting this aggressively.” “A lot has happened in medicine since I overcame this disease […]