46% of Canadians $200 or less away from financial insolvency: poll

The number of Canadians who are $200 or less away from financial insolvency at month-end has jumped to 46 per cent, up from 40 per cent in the previous quarter, as interest rates rise according to a new poll. A survey conducted for insolvency firm MNP Ltd. in December also found that 31 per cent […]

Critics ask why rules to protect air passengers are still waiting in the wings

Transport Canada’s air passenger bill of rights has been more than two years in the making, and some critics say they expected the government would have more to show for it by now.  On Monday, Transport Minister Marc Garneau unveiled proposed regulations designed to protect air travellers, including minimum compensation requirements for flight delays and lost luggage. It’s […]

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 […]

Cameras in a plastic surgeon’s office: The Marketplace consumer cheat sheet

Miss something this week? Don’t panic. CBC’s Marketplace rounds up the consumer and health news you need. Want this in your inbox? Get the Marketplace newsletter every Friday. Cameras in plastic surgeon’s office It’s probably safe to say that most people expect total privacy when they walk into the treatment room at their doctor’s office. But our latest investigation reveals a […]

AltaGas shares soar after it cuts dividend, announces new round of asset sales

Shares in AltaGas Ltd. soared on Thursday morning after it announced it will slash its dividend by 56 per cent and sell its remaining majority stake in a B.C. hydroelectric power operation for $1.39 billion. On his first conference call days after officially taking over as CEO, Randy Crawford said he wants AltaGas to adopt […]

Huawei CFO argues she’s not a flight risk, seeks bail to remain in Vancouver

A top executive of China’s Huawei Technologies argued that she should be let out on bail while awaiting an extradition hearing due to her ties to Vancouver and fears for her health while incarcerated in Canada, court documents released on Sunday showed. Huawei Chief Financial Officer Meng Wanzhou is fighting to be released on bail […]

BMO hikes dividend after profit rises 38% in 4th quarter

Bank of Montreal hiked its dividend as it reported a fourth-quarter profit that jumped 38 per cent compared with a year ago and beat analyst estimates. Canada’s fourth-largest bank said Tuesday it will now pay a quarterly dividend of $1 per share, up four cents from its previous payment. The increase in payment to shareholders […]

Why cutting oil production seems so utterly un-Albertan

Alberta is supposed to be the home of the free market, the province of privatization. It’s a wide-open market to sell beer, wine, cannabis, and even insurance of every kind. Take a test for your driver’s licence and the person in the right hand passenger seat works for a business, not the government. The province […]

Oil production cuts are on the table. Here’s what that might mean for Alberta

Premier Rachel Notley says the plunging price of oil has become a crisis for Alberta, and she’ll announce a short-term solution on Sunday evening. CBC political analyst Graham Thomson said he’s under the impression Notley will impose mandatory cuts to oil production. “If she wasn’t going to do anything, she wouldn’t be going to this great […]

Algoma Steel no longer in creditor protection

One of the largest employers in Sault Ste. Marie, Ont. is now out of creditor protection and its new owners have officially taken over. Algoma Steel Inc. announced on Friday that is has successfully completed the purchase of all the assets of Essar Steel Algoma Inc. and is no longer under creditor protection. It had […]