Author Archives
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AI agents banned by several of Canada’s biggest banks as fears growSome of Canada's biggest banks say they are now banning AI agents, like Meta's Muse, while others are taking initial steps to limit them.Consumer4 hours
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Bank of Canada says its interest rate hike is ‘not going to feel good’The Bank of Canada hiked interest rates by 0.25 per cent on Wednesday to 2.5 per cent, marking the first change to its benchmark in a year and the first increase in three years.Economy11 hours
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Rogers plans to charge extra for bill payments with a credit cardRogers says it will begin charging most customers across Canada a 1.6 per cent processing fee next year for bill payments made using a credit card.ConsumerOct 23
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Canadian banking fees hard for consumers to see or anticipate, report saysThe fees most Canadian banks charge their customers are hard to see or anticipate, and the associated costs can add up quickly over time, a new report says.ConsumerOct 23
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Library and Archives Canada cracking down on AI books amid copyright threatsLibrary and Archives Canada recently updated its ISBN (International Standard Book Numbers) policy to limit books and other literary content created using artificial intelligence.CanadaOct 22
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AI stocks weigh on markets Thursday as oil rises to highest price since MayDrops for stocks in the artificial-intelligence industry are dragging markets down worldwide on Thursday, while oil prices hit their highest levels since May amid the Iran war.EconomyOct 22
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‘No indication’ of Canadian data compromised by global PHP issue: officialsThe Canadian government’s chief information officer says there’s no sign a massive global website coding vulnerability has led to federal information being compromised.TechOct 22
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Bank of Canada expected to raise rates next week, some economists sayThe Bank of Canada has held its key interest rate unchanged for about a year, but some economists expect rates to begin increasing again as early as next week.ConsumerOct 21
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As Stelco reports soaring earnings, how solid is their layoff legal case?U.S.-based Cleveland-Cliffs said on Monday that it saw its strongest quarterly financial results since the year before acquiring Stelco in 2024.CanadaOct 20
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Alberta referendum result removes a ‘major’ uncertainty, businesses sayAfter the majority of Albertans voted to remain in Canada, the Canadian dollar increased in value and some business leaders say the result should bring confidence to businesses.CanadaOct 20
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Everything confirmed so far about CFB Wainwright fire and how it unfoldedAt least four members of the Canadian Armed Forces have died and dozens are injured after a scheduled training exercise on Saturday at a base near Wainwright, Alberta.CanadaOct 19
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What France’s spiking bond yields, rising debt mean for Canadian borrowersCanadian borrowers may wind up paying more for some mortgages and other loans as government bond yields continue to rise worldwide, including in France.EconomyOct 16
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Tesla says its newly unveiled Roadster 2 vehicle ‘can fly’Tesla just unveiled its latest vehicle, the Roadster 2, which it says will be available with performance options that will allow it to 'fly.'TechOct 16
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Farm Boy cheeses, 2 other brands recalled for listeria risk across CanadaHealth Canada issued a recall notice for various cheese products sold in stores across Canada for a risk of listeria contamination, which it says could cause illness if ingestedHealthOct 14
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Stelco penalties including fines, forced sale possible over layoffs: JolyIndustry Minister Mélanie Joly is expected to speak Wednesday afternoon — her first public appearance since Stelco answered Ottawa's legal threat over layoffs of up to 500 workers.ConsumerOct 14
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IMF warns about major economic risks and a ‘disorderly’ rise in bond yieldsRising bond yields have been a warning sign for financial markets in recent months amid the Iran war's risk to global economies, and the IMF says those risks are more of a concern.EconomyOct 13
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What could happen to home prices if the foreign buyers ban expires?The foreign homebuyers ban is scheduled to expire on Jan 1, 2027, which means home prices are at risk of rising sharply if there is pent up demand from non-residents.ConsumerOct 13
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Stelco pushes back on Ottawa amid threats of legal action over layoffsStelco has reportedly pushed back on accusations it breached its agreement with the federal government, saying they are "false," and it "stands ready to protect its interests."CanadaOct 12
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Dyed diesel is now legal on U.S. roads. What are the rules in Canada?Dyed diesel has now been cleared for general use in the U.S. as gas prices soar, but Canadians could face fines if caught using it on roads and highways.ConsumerOct 7
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Canned, frozen vegetable merger cancelled after Competition Bureau pushCanada's Competition Bureau says it is 'pleased' a proposed merger, that would have seen two frozen and canned vegetable companies in Canada become one, has been terminated.ConsumerOct 7
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Exports to the U.S. spiked in August before Trump’s 50% tariffs: StatCanCanadian exports to the U.S. surged 8.1 per cent in August, just before a new round of 50 per cent U.S. tariffs on Canadian goods hit at the end of the month, according to StatCan.EconomyOct 6
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Trump signs order allowing for wider use of dyed diesel amid soaring pricesU.S. President Donald Trump signed an executive order late Monday, which allows for a wider use of dyed diesel on regular roads and highways across America.ConsumerOct 6
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Food prices may rise soon as diesel ‘shock’ bleeds through economy: reportCanadians could wind up with a bigger grocery bill in the coming months as a major price "shock" for diesel and crude oil works its way through supply chains, Scotiabank says.ConsumerOct 5
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Will gas prices drop ahead of the Thanksgiving long weekend?Gas price experts say it's becoming harder to predict where prices are heading, even after some European countries released strategic oil reserves.CanadaOct 5
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The next Canada Groceries and Essentials Benefit goes out on MondayAnother Canada Groceries and Essentials Benefit payment for the fiscal year, and the last of 2026, will arrive in bank accounts and mail boxes of qualifying Canadians as of Monday.ConsumerOct 2
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