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14 Feb Rent hits another record high in January as average asking price reaches $2,196

Posted at 20:32h in Canada

The average asking price for rent in Canada reached $2,196 in January, a 10 per cent increase from this time last year — marking another record high amid a deepening rental crisis.According to data released Wednesday by Rentals.ca and market research firm Urbanation, the average asking price of rent went up by...

14 Feb January home sales jump 22 per cent from last year’s weak start

Posted at 16:07h in Canada

January home sales jumped 22 per cent compared with a year ago, the largest year-over-year increase since May 2021, according to The Canadian Real Estate Association.The association says the increase reflected weakness last year, which saw the worst start to almost any year in the...

14 Feb AI chatbots are sparking romance (with the chatbot, that is)

Posted at 15:48h in Canada

A few months ago, Derek Carrier started seeing someone and became infatuated.He experienced a "ton" of romantic feelings but he also knew it was an illusion.That's because his girlfriend was generated by artificial intelligence.Carrier wasn't looking to develop a relationship with something that wasn't real,...

14 Feb Lululemon marketing complaint could be a test of Canada’s greenwashing laws, expert says

Posted at 09:00h in Canada

A Vancouver non-profit is calling on Canada's competition regulator to launch a greenwashing investigation into Lululemon — saying the athleisure brand is misleading consumers about its environmental practices.The complaint, which was filed by the organization Stand.earth last Thursday, says Lululemon's Be Planet sustainability campaign from 2020, in which the company...

14 Feb Bell CEO, other execs called to committee to answer questions about job cuts

Posted at 00:04h in Canada

Members of Parliament have invited several top executives from BCE Inc. and Bell Canada to testify later this month about the company's decision to cut about nine per cent of its workforce this year.The House of Commons heritage committee agreed to invite BCE Inc. CEO Mirko...

13 Feb N.L. government demands VRBO remove I’se the By from ‘derogatory’ commercial

Posted at 19:39h in Canada

A VRBO commercial that uses I'se the B'y as its soundtrack has images of undesirable rental accommodations. (VRBO/YouTube)A commercial for the vacation rental site VRBO has both Newfoundland and Labrador's tourism industry and government calling for its removal.The video ad uses the traditional folk song I'se...

13 Feb U.S. inflation up 0.3% in January, Fed still expected to cut interest rates this year

Posted at 14:13h in Canada

U.S. consumer prices increased more than expected in January amid rises in the costs of shelter and health care, but it likely won't change expectations that the Federal Reserve will start cutting interest rates in the first half of 2024.The consumer price index (CPI) increased 0.3...

13 Feb What’s the buzz? Alberta is the powerhouse of Canada’s honeybee industry

Posted at 09:00h in Canada

Richard Ozero operates a forklift in his warehouse, loading drums full of honey into a semi-trailer. His son uses a dolly to transport and organize the drums deeper into the trailer.This wasn't Ozero's initial entrepreneurship plan, but he's happy with how things are going since...

12 Feb From cult status to closure fears — what happened to The Body Shop?

Posted at 21:51h in Canada

It's a store you know by scent.For decades, the sometimes-overwhelming aroma of The Body Shop's satsuma soaps and coconut body butters have wafted through mall concourses, as much a staple to the culture as the food court.The U.K.-based beauty and cosmetics shop has more than 3,000...

12 Feb WestJet could face costly delivery delays due to panel blowout on Boeing plane

Posted at 19:29h in Canada

WestJet is facing indefinite delays on dozens of new aircraft deliveries after a panel blowout on a Boeing 737 Max plane last month that prompted a halt to production expansion at the U.S. aircraft maker.The Calgary-based carrier bought 42 Boeing 737 Max 10 jetliners in...

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