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The world's largest banknote printer says printing money isn't that profitable anymore
De La Rue now expects full-year adjusted operating profit for the 2024 fiscal year to be in the low 20 million British pounds range. Ford to spend $1.3B to transform Canada factory into EV manufacturing hub
Ford said Tuesday it will spend $1.34 billion (C$1.8B) to turn its Oakville facility in Canada into an assembly plant for electric vehicles. Canada's budget watchdog troubled by spin around latest report on carbon pricing
Canada's parliamentary budget officer says he's troubled by what he describes as the selective use of facts from his new financial analysis of carbon pricing. Yves Giroux says the report has to be put into context alongside the costs of all other climate Budget 2023: Canada capping alcohol excise tax at 2 per cent | CTV News
The increase in excise duties on all alcoholic products is being temporarily capped at two per cent starting next month instead of a planned 6.3 per cent increase. Chocolate factory explosion highlights combustion risks
Last week's fatal blast at a Pennsylvania chocolate factory highlighted the combustibility of food plants in general and chocolate making in particular. Japan to resume imports of Canadian processed beef, 20 years after mad cow disease
Around 40 countries closed their borders to Canadian beef during the height of the 2003 BSE crisis, resulting in billions of dollars in losses for the industry. Inside the never-ending softwood lumber trade war between Canada and the U.S.
Canadian-based companies now control 35 per cent of sawmill capacity for softwood in the U.S. South, based on data compiled by Forest Economic Advisors Ontario driver owes $82K after rental vehicle stolen
A man from Brampton, Ont. was told he had to pay $82,000 after his rental truck was stolen from his home in November. Meta to end news access for Canadians if Online News Act becomes law
Facebook-parent Meta Platforms Inc said on Saturday that it would end availability of news content for Canadians on its platforms if the country's Online News Act passes in its current form. Tim Hortons glitch has some Ontario customers lawyering up
Some Ontario residents who were misled by a glitch in Tim Horton’s Roll Up To Win Contest, and mistakenly told they had won $10,000, are now exploring their legal options against the Canadian coffee chain. Inflation: Experts want grocer CEOs to disclose food margins
As members of Parliament gear up to grill the CEOs of Canada's largest grocery store chains, experts say elected officials should push for more transparency on why grocers are making so much money. Loblaw profit: Retailer's revenue up nearly 10 per cent
Loblaw Companies Ltd. says it earned a profit available to common shareholders of $529 million in its latest quarter as its revenue rose nearly 10 per cent compared with a year ago.Four-day week: ‘major breakthrough’ as most UK firms in trial extend changes
Nearly all companies taking part opt to continue with new pattern as staff report better work-life balance
Nearly all companies taking part opt to continue with new pattern as staff report better work-life balanceChina’s demand for donkey-skin beauty and medical products is devastating African villages, reports find
Donkeys are crucial for transportation in Africa, but China’s insatiable demand is stripping villages of their donkeys, jeopardizing their economic survival
Donkeys are crucial for transportation in Africa, but China’s insatiable demand is stripping villages of their donkeys, jeopardizing their economic survival Extreme drought makes cattle farmers thin herds, could cause future supply problems
Increased uncertainty over the longer term will weigh on the industry, which could contract as it gets harder for producers to maintain profitability Historic profits in oilpatch on track to continue as global oil demand set to jump yet again
There are many ways the energy sector could spend those hefty returns, but so far, companies seem unwilling to waver from their primary strategy of paying down debt and passing on a good chunk of those profits to shareholders. Vancouver's single-use cup fee to be scrapped by June 1
Just over a year after a single-use cup fee was implemented in Vancouver, the city’s council passed a motion to get rid of it.Tesla workers fired after union push at N.Y. plant
Several employees at a Tesla factory in New York have been fired a day after launching union organizing efforts, according to Tesla Workers United.
Several employees at a Tesla factory in New York have been fired a day after launching union organizing efforts, according to Tesla Workers United. These Hamilton tenants say their units are in disrepair while Airbnb guests fill up the building
A tenant says she's pushed her landlord to address black mould and a leaking bedroom window in her apartment for years but they've never been fixed. The unit next door, however, has been upgraded and renovated and then listed as a short-term rental. Indigo outage nears one-week mark, becomes latest Canadian company to face cyber attack
The cybersecurity incident that took down Indigo’s website is the latest in a string of attacks on Canadian organizations Bed Bath & Beyond Canada going out of business, closing 54 stores |
Bed Bath & Beyond's Canadian operations are going out of business, according to a court filing on Friday, two days after the retailer quickly raised cash to stave off a U.S. bankruptcy. The company operates 54 Bed Bath & Beyond stores and is insol Delissio pizza, other Nestle products will soon be gone in Canada
Nestle Canada says it is winding down its frozen meals and pizza business in Canada over the next six months. The four brands that will no longer be sold in the freezer aisle at Canadian grocery stores are Delissio, Stouffer's, Lean Cuisine and Life CuisiEU presents new industrial plan to counter American green subsidies and prevent talent drain
The EU plan is a direct response to the $369-billion Inflation Reduction Act promoted by US President Joe Biden.
The EU plan is a direct response to the $369-billion Inflation Reduction Act promoted by US President Joe Biden. Helly Hansen sweaters and hoodies recalled
Nearly 130,000 Helly Hansen sweaters and hoodies have been recalled in Canada due to flammability concerns. U.S. launches second USMCA dispute panel over Canadian dairy policies
The United States is filing another formal dispute over what it considers Canada's failure to live up to its trade obligations to American dairy farmers and producers. Vancouver Island distillery first in Canada to join Scotch Malt Whisky Society
A distillery on Vancouver Island is the first ever in Canada to be welcomed into the Scotch Malt Whisky Society. What is 'time theft' and why are some employers so worked up about it'
Employers and employees can sometimes butt heads over what happens on company time, but in severe cases, an employee could be accused of time theft. This issue is growing more contentious as people work outside of traditional offices. Rotting sauce in an abandoned plant is 'acutely lethal' to fish. A small N.L. town wants the mess cleaned up
Residents in a tiny Newfoundland community are concerned about what was left behind, after a local fish sauce plant closed down two decades ago. Now CBC News has uncovered some old testing results that have sparked new concerns in the town. Why are Canadians' cellphone bills higher than other countries'
The oft-quoted industry explanations for high wireless prices — costly operating margins and a sparse Canadian population, for example — are insufficient to explain lower prices found in other countries and even between some provinces. Experts say Can In arguably biggest test of new NAFTA, Canada and Mexico defeat U.S. in auto rules dispute
In arguably the biggest test of the new NAFTA, Canada and Mexico have defeated the U.S. in a major dispute involving automobiles and calculating the origin of parts. It's seen as an early litmus test of the new trade pact. Former premier Glen Clark out as president and COO of Jim Pattison Group but remains with company
"This didn't happen over night. Glen and I have known this was coming for some time," said Jimmy Pattison. Ram Reveals 1500 Revolution BEV Electric Truck Concept At CES
It features completely new yet recognizable Ram design and the promise of class leading range, tech and capability. All-Canadian electric vehicle, Project Arrow, unveiled
The car is designed to show that Canada’s part suppliers can be part of the EV revolution and have cutting-edge technology suppliers want Via Rail and Sunwing must answer for holiday mess: MP
The chair of the House of Commons transport committee on Tuesday called for Sunwing Airlines and Via Rail to publicly explain what caused the travel nightmare that plagued thousands of Canadians over the holidays. Stranded travellers from Sask. are slowly making it back home, with a pit stop in Winnipeg
Roice Anne Fox and her family are relieved to be back on Canadian soil after spending six days waiting in hotel lobbies in Varadero, Cuba, for a flight to take her home to Saskatchewan. She is not alone as hundreds of Saskatchewan residents wait to be bacBack to Canada News
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