Sobeys parent Empire Co. warns food prices will rise partly due to new tariffs

The parent company of grocery chain Sobeys Inc. was “a little slow on the trigger” to pass on the higher…

Continue Reading →

Trade ‘front and centre’ in Bank of Canada’s call to hold interest rate

The unknown consequences of ongoing trade tensions were front and centre in the Bank of Canada’s decision this week to…

Continue Reading →

Fed chair Jerome Powell signals rate hikes ahead if U.S. economy stays strong

Federal Reserve Chairman Jerome Powell is signalling that he expects the Fed to continue gradually raising interest rates if the…

Continue Reading →

Canadians on track to spend almost $6B on pot this year — most of it the illegal variety

On an annualized basis Canadians spent $5.7 billion on marijuana between April and June, Statistics Canada says, as consumption of…

Continue Reading →

Ontario asks court to toss lawsuit from Tesla over electric vehicle rebates

Ontario’s Progressive Conservative government has asked the province’s Superior Court to throw out a petition from the Canadian arm of…

Continue Reading →

U.S.-China trade war escalates as latest tariffs kick in

The United States and China — the world’s two largest economies — are escalating their trade war by implementing 25…

Continue Reading →

Uber narrows quarterly loss as company polishes tarnished image

Uber is still struggling to make money while the ride-hailing service’s CEO deals with the headaches left behind by his…

Continue Reading →

Cenovus Energy posts $418M loss in 2nd quarter

Cenovus Energy Inc. had a $418-million second-quarter loss that was deeper than analysts expected, largely the result of a hedging…

Continue Reading →

Trump says agreed with EU to work to lower trade barriers

U.S. President Donald Trump said on Wednesday the United States and the European Union were kicking off talks aimed at lowering trade…

Continue Reading →

Investigating sales tactics and condos rush to ban weed: CBC’s 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…

Continue Reading →