Business·BreakingThe Bank of Canada has held its key interest rate at five per cent again, as economists had expected.Governor Tiff Macklem to hold news conference explaining rate decision at 10:30 ETJenna Benchetrit · CBC News · Posted: Mar 06, 2024 9:51 AM EST...
Flair Airlines chief executive Stephen Jones says he still hopes to add several Lynx Air planes to his fleet, even after their tentative merger fell through when Lynx shut down last month.In a phone interview, Jones said the Boeing 737 Max 8s are the same...
Politics·NewCanada's financial intelligence agency says it has been hit by a cyberattack.Agency takes corporate systems offline to protect dataThe Canadian Press · Posted: Mar 05, 2024 2:50 PM EST | Last Updated: 16 minutes agoCanada's financial intelligence agency says it has been hit by...
Consumers in Ontario and British Columbia increasingly missed payments on mortgages and credit cards in the fourth quarter of 2023, Equifax Canada said.The fourth quarter saw a continuation of what's been happening for a while now as the impacts of higher interest rates and inflation...
Business·NewMeta Platforms-owned Facebook and Instagram were down for hundreds of thousands of users across the globe on Tuesday, according to outage tracking website Downdetector.com.Disruptions started around 10 a.m. ETThomson Reuters · Posted: Mar 05, 2024 11:42 AM EST | Last Updated: 21 minutes agoMeta...
The Montreal company that operates the Just for Laughs comedy festival has cancelled the 2024 edition of the event after filing a notice of intention to make a proposal to creditors — a formal process under Canada's Bankruptcy and Insolvency Act. Seventy-five people were laid off Tuesday...
Former senior executives of Twitter are suing Elon Musk and X Corp., saying they are entitled to a total of more than $128 million US in unpaid severance payments.Twitter's former CEO Parag Agrawal, chief financial officer Ned Segal, chief legal counsel Vijaya Gadde and general counsel...
Avoiding online scams is nothing new for many Canadians, but companies and anti-fraud professionals are warning consumers to watch for fake listings on search engines that try to redirect people to fraudulent versions of familiar companies and brands.These listings pose as existing businesses and involve new search results popping...
The Body Shop Canada Ltd. is seeking creditor protection and closing a third of its stores because its parent company stripped the Canadian arm of cash and pushed it into debt, according to court documents.An affidavit published through the company's court monitor from Jordan Searle,...
A B.C. Supreme Court judge has approved a proposed maximum $14.4 million settlement from Apple to eligible members of a class-action lawsuit that accused the company of deliberately providing software updates that slowed its iPhone 6 and 7 models.Apple denies the allegations. The company had earlier agreed to...