Consumer group that battles the big telcos blames CRTC for its ‘dire’ financial troubles

If you own a cellphone, use the internet or watch TV, your life has probably been affected by one of the most influential consumer advocacy organizations in the country — a group on the verge of shutting its doors for good. For the past 42 years, the Public Interest Advocacy Centre [PIAC] has fought for better consumer protections from the […]

Sears customers told to continue paying for worthless extended warranties

Imagine making a purchase and being told it won’t be delivered but you still have to pay. Refuse to pay? Then you’ll be getting a call from debt collectors.   That’s what’s happening to former Sears Canada customers now that the department store chain has gone out of business. They’re being forced to pay for extended warranties […]

Oil prices spike after OPEC countries decide on production cut

Oil prices spiked sharply higher Friday after OPEC countries agreed to a proposal that would see global oil production reduced by 1.2 million barrels a day. Following a morning meeting of the Organization of the Petroleum Exporting Countries, Iraq Oil Minister Thamir Ghadhban told reporters the proposed cut would be made up of 800,000 barrels […]

Sleep Country Canada buys online mattress firm Endy for $89M

Sleep Country Canada has agreed to buy online mattress seller Endy for $89 million. The two companies announced a deal Thursday evening that will see the retail mattress chain buy the Canadian mattress maker for $63.7 million in cash now, plus up to another $25 million in three years if certain growth and profitability targets are achieved. […]

Fall economic statement sets target of 50 per cent export growth by 2025

Finance Minister Bill Morneau’s Fall Economic Statement puts more money where the Trudeau government’s mouth is on its trade diversification strategy, in an attempt to nudge more businesses into pursuing export markets beyond the United States. A new export diversification strategy allocates $1.1 billion over the next six fiscal years, starting in 2018-19, to improve […]

Bell beefs up CraveTV to include new HBO shows without cable TV subscription

Bell Media has beefed up its streaming service CraveTV with new HBO shows and other exclusive content without the need for a television subscription, for a higher price. The company announced on Thursday that it is expanding its CraveTV brand to include new programming from HBO, along with all content on channels previously known as […]

Uber IPO could put company value at $120B, report says

Uber may put forth an initial public offering early next year that values the ride-hailing business at as much as $120 billion US, according to a media report. The Wall Street Journal said Tuesday that Uber Technologies Inc. received valuation proposals from Goldman Sachs and Morgan Stanley last month. There is no guarantee Uber will […]

Explosion, fire at Saint John oil refinery injures several contractors

Several Irving Oil contractors are being treated for non-life threatening injuries following an explosion and fire at the refinery in Saint John on Monday morning, officials said. “We now understand that all employees and contractors working on site have been safely accounted for,” the company posted on Twitter around 2 p.m. AT, about four hours after residents reported a […]

Landing a renegotiated NAFTA deal was always going to come down to the wire: Freeland

Foreign Affairs Minister Chrystia Freeland said that if it was ever going to be possible to renegotiate the North American Free Trade Agreement she believed a deal would only happen at the last possible moment. “We had a bit of, we didn’t actually bet on this, but there was a conversation inside the team of when in September it […]